According to Tongbi Finance, on June 2, 2026, Joyoung Co., Ltd. (stock abbreviation: Joyoung, code: 002242.SZ) received a latest Wind ESG rating of A. The company's overall score is 7.29, higher than the average score of 5.93 in the home appliance III industry. It ranks 24th among 121 companies in the home appliance III industry, placing it in the top 19.83% of the industry. The scores for the environmental, social, and governance dimensions are 3.72, 6.78, and 6.71, respectively.

Compared to the previous rating, the overall score has decreased from 8.00 to 7.29, a drop of 0.71 points. The contribution from management practices has decreased from 5.05 to 4.29, a decline of 0.76 points. The contribution from controversy events remains stable at 3.00. In terms of dimensions, the environmental dimension decreased by 2.48 points, the social dimension decreased by 0.88 points, and the governance dimension decreased by 0.43 points.

Rating Observation

In the environmental dimension, the company has comprehensive disclosures regarding climate change and energy management, showcasing a multi-layered layout from governance structure to practical actions. The company promotes climate change governance through three levels: the board of directors, senior management, and working groups, formulating annual and medium-to-long-term plans, and regularly reviewing the progress of strategic implementation. By 2025, the company achieved a self-use ratio of 89% through photovoltaic power generation, with a total photovoltaic power generation of 3.759 million kilowatt-hours, of which self-used electricity amounted to 3.35 million kilowatt-hours. The total greenhouse gas emissions (Scope 1 and Scope 2) are 6,186.24 tons of carbon dioxide equivalent, with indirect emissions (Scope 2) accounting for approximately 97%. Additionally, the company has established an ISO 14001 environmental management system and promotes energy conservation and emission reduction through internal regulations such as the "Energy Consumption Resource Management System." However, there is still room for improvement in the disclosure of performance data and target planning information in the waste management area.

In the social dimension, the company demonstrates systematic construction and execution in occupational health and safety production as well as supply chain management. In the field of occupational health, the company has obtained ISO 45001 certification and upgraded its safety management system, achieving a zero incidence rate of occupational diseases and work-related deaths by 2025, with an injury rate of 0.19048% and a total of 131 days lost due to work-related injuries. In terms of supply chain management, the company has revised the "Supplier Introduction Management System" and the "Supplier Classification Management System," adding an elimination mechanism and requiring core suppliers to obtain ISO 9001 and ISO 14001 certifications. Through dynamic assessment mechanisms such as annual audits, star ratings, and spot checks, the company eliminates suppliers that do not meet standards while providing preferential policies to outstanding suppliers. However, the disclosure of quantitative indicators such as the proportion of sustainably certified suppliers in the supply chain still needs improvement.

In the governance dimension, the company exhibits strong structural checks and balances in terms of board independence and ESG governance mechanisms. The proportion of independent directors on the board is 42.86%, with a member attendance rate of 100%, and there are no independent directors whose terms exceed 6 years or who serve as directors of multiple listed companies. The company has established a three-tier ESG governance structure composed of the board of directors, senior management, and a sustainable development working group, linking ESG risk management with executive performance assessments, reflecting the execution of governance commitments The proportion of female directors is 42.86%, but the proportion of female executives is 0%, indicating that there is still room for improvement in gender diversity at the executive level. In addition, the dissent rate for shareholder meeting proposals is as high as 81.60%, which may reflect challenges in shareholder communication.

Content generated by AI on June 2, 2026, please verify important information