Beijing (ZXZC)- China’s EV startup, XPeng, released an Environmental, Social, and Governance Report (ESG), elaborating on its management, commitment, and performance in the three aspects.

Photo credit: XPeng

The startup curated an X-SEG (Smart, Efficient, and Green) concept that guides the establishment and operations of its factories and business operations, including supply chain management, green manufacturing, product safety management, eco-friendly operations, and governance.

XPeng was rated “AA” by MSCI ESG Research for two consecutive years, with an outstanding score of 9.1 out of 10 (comparing to the industry average of 7 and 5.5) in the Research’s Product Carbon Footprint and the Opportunities in Clean Tech sectors. The Research also deemed XPeng’s fiscal and personnel input toward technology advancements as the key to the company’s long-term focus on sustainability innovation. 

XPeng is consistent in making intelligent EVs within reach to the public. He Xiaopeng, Chairman & CEO of XPeng, commented, “Adherence to exemplary ESG standards in operations is integral to our core values and culture, impacting every decision we make. As a leader in the Smart EV industry and global corporate citizen, we take seriously our responsibility in leading the way by modelling outstanding, integrated practices in ESG. Through our efforts, we aim to be a positive force in the development of future mobility and the betterment of societies around the world.”