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Luxshare Precision earned an A ESG rating from MSCI, up two notches, due to improvements in sustainability, labor, and governance.
Luxshare Precision, a Chinese tech manufacturer, has earned an A ESG rating from MSCI, a two-notch improvement from BB, placing it above 78% of global peers. The upgrade reflects progress in clean technology, labor practices, responsible sourcing, chemical safety, governance, and ethics. The company boosted investments in EV powertrains, energy storage, and thermal management, enforced strict supplier standards for conflict minerals, and strengthened governance with measures like compensation clawbacks and plans for a Chief Independent Non-Executive Director. Its efforts have also led to recognition as a top employer.
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