XPENG Awarded “AAA” ESG Rating – CleanTechnica

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This is an interesting piece of news. Electric vehicle producer XPENG shared this week that it has gotten a “AAA” designation for its environmental, social, and governance (ESG) policies. I’m not going to lie — it’s not something I ever thought about with the company. But I’m happily surprised to find out it’s a leader on ESG as well as smart electric vehicle (EV) tech.

That said, the company has long been an interesting and even special one to communicate with. They seem to do things in a more open, authentic, progressive way. I’ve never known if it was brilliant PR work or just accidentally effective and endearing. People prefer authenticity, honesty, and openness. However, so much of PR is cookie-cutter, manicured, and unconvincing. XPENG often feels like a mom & pop shop.

Anyway, this is not about how they do PR, but the news somehow linked to that for me. They just come across as good people trying to do top-tier work to advance smart electric vehicles.

The “AAA” rating comes from MSCI. “MSCI ESG ratings assess companies across key sustainability dimensions, evaluating their impact on issues such as carbon footprint, employee management, and corporate governance. With its AAA rating, XPENG stands out for its advancements in clean technology and corporate governance, earning high marks from MSCI for its comprehensive ESG strategy and its focus on delivering sustainable value,” XPENG writes.

“Since its founding, XPENG has prioritized sustainable, low-carbon development. The Company’s 2023 ESG report underscores this commitment, detailing substantial carbon reductions — over 1.5 million tons in lifecycle emissions from its 2023 EV deliveries compared to traditional gasoline vehicles. The report also emphasizes product quality, ethical business practices, and customer satisfaction as core priorities. […] XPENG remains dedicated to fostering a more sustainable future, integrating ESG values across its operations to create a better, greener mobility experience.”

Well, kudos to XPENG and thanks for not only being a green, clean, EV leader, but also caring about broader matters and operating as a sustainable company.