Gotion High-tech Co., Ltd
Industry Group: Electrical Equipment
Country/Region: China
Identifier: SHE:002074
Established in 2006 in Hefei, Anhui province, Gotion High-tech, is one of the first enterprises engaged in research, production, and sales of rechargeable lithium-ion batteries for NEVs in China. Its main products include lithium iron phosphate materials and batteries, ternary batteries, battery packs, and energy storage batteries. The products are widely used in new energy passenger vehicles, commercial vehicles, energy storage power plants, communication base stations, and so on. Gotion ranked eighth among global EV battery companies with 2% market share in 2023 in terms of installed capacity, and fifth in China with 4% market share. The company is 25%-owned by Volkswagen Group with Chairman Li Zhen holding around 7%.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Electrical Equipment 215 out of 300
Universe
Global Universe 9893 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Voltronic Power Technology Corp. |
22.1
Medium
|
80 out of 300 |
GE Vernova T&D India Ltd. |
22.7
Medium
|
93 out of 300 |
Gotion High-tech Co., Ltd |
28.7
Medium
|
215 out of 300 |
Ningbo Orient Wires & Cable Co., Ltd. |
29.6
Medium
|
247 out of 300 |
Sunwoda Electronic Co., Ltd. |
34.4
High
|
291 out of 300 |
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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.
Gotion High-tech 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.
Gotion High-tech Co., Ltd's Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Gotion High-tech Co., Ltd
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Gotion High-tech Co., Ltd's ESG Risk Rating in the last three years
Highest Controversy Level