ZTE Achieves EcoVadis Gold Medal for Sustainability Excellence Ranking Among the Top 4% Worldwide
ZTE Corporation, a global leader in integrated information and communication technology solutions, has recently been awarded the prestigious EcoVadis Gold Medal for its outstanding performance in sustainability. The accolade highlights ZTE's exemplary commitment to environmental stewardship, labor rights, sustainable sourcing, and ethical governance. This recognition places ZTE in the top 4% of companies assessed by EcoVadis over the past year, indicating a rank above the 96th percentile worldwide. Moreover, within the communication equipment manufacturing sector, ZTE proudly stands in the top 2%, showcasing its exceptional efforts and achievements in sustainable practices.
The EcoVadis rating system operates on a percentile basis, rewarding organizations that perform exceptionally well in sustainability criteria. ZTE's Gold Medal indicates its position within the elite group of organizations that are ranked in the top 5% (over the 95th percentile). Such remarkable achievements underscore ZTE’s dedication to promoting sustainable business practices.
In the environmental category, ZTE has been ranked among the top 7% of companies in communication equipment manufacturing, demonstrating its ongoing efforts to minimize environmental impact. In the labor and human rights sector, ZTE's results place it in the highest 3%, reflecting its commitment to equitable labor practices and high human rights standards. Furthermore, regarding sustainable sourcing, ZTE denotes an impressive ranking within the top 3% of assessed companies. In terms of ethical considerations, the company also sits in the top 3%, emphasizing its vigorous governance practices, transparency, and integrity within its operations.
EcoVadis awards badges based on the results of its assessments compared to other companies within its database. Earning a badge like the EcoVadis Gold Medal signifies an organization's robust engagement in sustainability management. To commemorate its assessment completion, EcoVadis, in partnership with One Tree Planted, will plant a tree on behalf of ZTE, signifying an additional commitment to environmental care.
ZTE's adherence to sustainable practices is further highlighted by its active participation in the United Nations Global Compact (UNGC) and the Global Enabling Sustainability Initiative (GeSI). The corporation has been publishing its sustainability reports proactively for 16 consecutive years, starting from 2009. The industry's recognition of ZTE’s sustainable development efforts has been prominent over the years.
As the first major ICT company in China to receive dual approval from the Science Based Targets Initiative (SBTi), ZTE has also consistently been featured in the CDP A List. For nine consecutive years, ZTE has been included in the FTSE4Good Index series and has now marked its 13th year as a constituent of the Hang Seng Corporate Sustainability Index series.
Additionally, ZTE showcased its commitment to ESG practices by garnering two awards at the 2024 BDO ESG Awards, securing the 'Theme Award' and the 'Outstanding ESG Performance of H-Share Companies.' These acknowledgments further affirm ZTE's dedication to sustainable progress through innovative practices and corporate responsibility.
The recent recognition from EcoVadis solidly establishes ZTE’s reputation as a preeminent leader in the ICT sector, committed to balancing cutting-edge innovation with unwavering sustainability standards. ZTE is focused on connecting the world through continual innovation aimed at fostering a better future. Its expansive portfolio includes comprehensive wireless, wireline, professional telecommunications devices, and services, impacting over a quarter of the global population. As a publicly traded entity on both the Hong Kong and Shenzhen stock exchanges, ZTE actively works to create a digital and intelligent ecosystem that enables connectivity and trust globally.
ZTE's mission remains clear: to facilitate connections worldwide while diligently pursuing innovation that supports a sustainable future. For more information about ZTE and its commitment to sustainability, you can visit their official website at www.zte.com.cn/global.