CALB Group Co., Ltd.
Industry Group: Electrical Equipment
Country/Region: China
Identifier: HKG:3931
Headquartered in Changzhou, Jiangsu Province, CALB a leading new energy technology company specializing in the development, production, sales, and market application of lithium-ion batteries, battery management systems and related integrated products, and lithium battery materials. The company’s products mainly include electric vehicle, or EV, batteries and energy storage system, or ESS, products. Established in 2015 via a spinoff from its parent company, which was ultimately controlled by Aviation Industry Corporation of China, or AVIC, CALB has become one of the leading EV battery companies. With 5% market share in 2023 in terms of installed capacity, CALB ranked sixth among global EV battery companies and third in China with 8% market share.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Electrical Equipment 117 out of 300
Universe
Global Universe 6704 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
CALB Group Co., Ltd. |
23.7
Medium
|
117 out of 300 |
Hyosung Heavy Industries Corp. |
27.7
Medium
|
182 out of 300 |
Zhuhai CosMX Battery Co., Ltd. |
29
Medium
|
227 out of 300 |
JL MAG Rare-Earth Co., Ltd. |
29.4
Medium
|
239 out of 300 |
FangDa Carbon New Material Co., Ltd. |
31.2
High
|
265 out of 300 |
For corporate professionals interested in direct competitor insights
Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
CALB Group Co., Ltd.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
CALB Group Co., Ltd.'s Management of ESG Material Risk is Average