Sailun Tire Group upgraded to ESG status by international organization MSCI

Thu Hằng |

MSCI has just upgraded Sailun Group's ESG rating from BB to A, marking an important step forward in its sustainable development strategy. This is also the first tire manufacturing enterprise in China to reach this level.

Many years of efforts are recognized

According to a recent report, MSCI has upgraded Sailun's ESG rating, making the group the first Chinese tire manufacturing enterprise to reach global A-level. To achieve that result, Sailun implemented many measures in management and production.

Over the years, Sailun has maintained its commitment to "zero-harm", building a working environment with the goal of no accidents, no harm to health; at the same time, improving the production environment to reduce noise, dust and toxic emissions, and protect workers. From a social perspective, Sailun recruits transparently; focuses on welfare and health care. Regarding governance, Sailun applies a Strict Code of Conduct, enhancing legal training for personnel.

Anh:
Sailun is the first Chinese tire enterprise to be recognized as MSCI's A level. Photo: Sailun

In addition, Sailun recently attracted attention with the acquisition of Vogue Tyre - a high-end tire corporation over a hundred years old, to expand its position in the luxury tire segment. Mr. Greg Hathcock, President of Vogue Tyre, emphasized: This deal is the best way to honor our 110-year heritage. With Sailun accompanying, the future ahead will be more open than ever.

Eco+ strategy with four development pillars of Sailun

These efforts not only improve operational efficiency but also create a foundation for the eco+ sustainable development strategy, including four pillars: Senced to Excellence, Humanistic Society, Valued Growth and Strivilized Governance.

In particular, the pillar "Sature of superiority" focuses on reducing emissions, limiting waste production and developing environmentally friendly products. According to Sailun's Sustainable Development Report 2024, thanks to this plan, the group has cut 208,600 tons of CO2. Along with that, "Humanistic Comology" emphasizes the role of people and communities, putting humanity at the center of all policies.

In production, Valual-based growth aims to increase efficiency with new technology. Sailun has developed two types of durable tires with 75% renewable materials for PCR and 80% for TBR. The pillar of "Refined governance" ensures a transparent, responsible and international standard governance system.

Anh:
Sailun tires affirm the global vision through the eco+ strategy. Photo: Sailun

The above orientations have helped MSCI upgrade Sailun to ESG A, both as an international recognition and a driving force to continue greening the tire industry. With a strategy of linking social responsibility and environmental protection, the group aims to promote the safe, sustainable and prosperous development of the tire industry.

Thu Hằng
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