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Sunny Group Ranked on 2023 Zhejiang Private Enterprises Social Responsibility 100 Leading Enterprises


    The 100 leading private enterprise social responsibility companies in Zhejiang Province, based on the data of the special research on private enterprise social responsibility led by the China Federation of Industry and Commerce(CFIC).From the amount of tax payment, employment, participation in charity and public welfare and other 9 aspects of quantitative indicators, the national dimension, shareholder dimension, employee dimension, ecological environment dimension, the dimension of responsible governance and other 8 aspects of a total of 45 qualitative indicators for the evaluation of the initial selection, the evaluation team to give the evaluation opinion, and ultimately produce the 2023 annual Zhejiang private enterprise social responsibility 100 leading enterprises. Sunny Group has been honored on the listit is a recognition of our contributions and efforts in social responsibility. 

    While Sunny Group is committed to becoming bigger and stronger, it has not forgotten its original intention to give back to the society and actively contribute to the national dual-carbon strategy. Being at the forefront of tax payment in accordance with the law, green environmental protection, safe production, charity and public welfare, etc., so as to fulfill its social responsibility with practical actions, set up an example, and demonstrate its value. 

    In the future, we will continue to care about social welfare and green sustainable development with higher standards and requirements, practicing ESG concepts and contributing more to the sustainable development of the country.

22 March 2024

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Sunny Optical Technology Wins Another InnoESG Award

    Sunny Optical Technology (Group) Co., Ltd. has been sparing no effort in promoting sustainable development and has received numerous professional recognitions. In February 2024, the Group was awarded for the third year with the InnoESG Award. The InnoESG Award is jointly organized by the Peace Center of the UNESCO Association, the SocietyNext Foundation and the Rotary Club. It is aimed to recognize the businesses that are transforming the world with sustainable measures and to encourage those enterprises that have innovatively reformed their core business to adapt to and incorporate ESG aspects. 

    Sunny Optical Technology is honored to be awarded by the professional judges once again, and it also spurs us to keep moving forward and never let up. In the future, we will continue to adhere the core value of  “Create Together” and firmly fulfills three major responsibilities on sustainable development. Through business model that is technically innovative and sustainable, we will continue to walk side by side with our customers, partners, and colleagues on the path of sustainable development and make more contributions to the human society.

13 March 2024

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Sunny Optical Tech selected in Top 100
ESG and Low Carbon Rankings of China's Overseas Listed Companies in 2023

    On 22 August 2023, the "2023 Global Sustainability Forum" was held in Shenzhen, jointly organised by The Chinese University of Hong Kong (Shenzhen) and the Shenzhen Institute of Data Economy. In this forum, Sunny Optical Technology (Group) Co., Ltd. was selected as one of the " Top 100 ESG and Low Carbon Rankings of China's Overseas Listed Companies " due to its outstanding performance in low carbon management.

  The "Top 100 China's Overseas Listed Companies in ESG and Low Carbon Ranking" focuses on the top 100 Chinese listed companies in terms of market capitalisation on the New York Stock Exchange, the NASDAQ Stock Exchange and the Hong Kong Stock Exchange. By comprehensively analysing the companies' actual carbon emissions, actual emission reduction effect, quality of carbon information disclosure and future emission reduction plans, the carbon rankings of the 100 listed companies are formed by scientifically evaluating the companies' low carbon management level and development prospects.

    Sunny Optical Technology's selection highlights the company's achievements and social recognition in the field of low carbon management and carbon disclosure, and also demonstrates the company's determination and commitment to actively respond to the challenges of climate change and continuously improve its carbon management capabilities. In the future, Sunny Optical Technology will actively respond to the national "30·60" dual-carbon strategy, continue to integrate "green and low-carbon" into its corporate strategy, and make contributions to the harmonious development of the enterprise, society and the environment.

30 October 2023

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Sunny Optical Tech wins Green Sustainable Development Contribution Award


On June 15, the 2023 International Green Zero Carbon Festival and 2023 ESG Leadership Summit, jointly organized by syobserve.com, Gongyi Daily and various domestic public and financial media, was held in Beijing, with the theme of the event: The road to carbon neutrality. The activity takes "innovation, influence, driving force, forward-looking" as the main selection indicator with more than 600 candidates, and the awards are divided into six categories, namely Comprehensive Award, Personality Award, Product Award, Special Award, Case Award, and Single Award. The Organizing committee invites well-known research institutions, consulting companies, experts and scholars, and media leaders to form a review committee. The list of winners is finalized according to the comprehensive evaluation system adopted by the members of the review committee conducting quantifiable data comparison. As a signature event in the field of carbon neutrality, the selection aims to pay tribute to the practitioners and leaders of green development. It is hoped that by recognizing their extraordinary achievements and power of example, more Chinese enterprises will be encouraged to jointly help achieve the dual carbon goals.

 

In the 2023 International Green Zero Carbon Festival, Sunny Optical Technology won the "Green Sustainable Development Contribution Award" under Comprehensive Award. We always believe that the pursuit of sustainable development is related to the company's long-lasting foundation and long-term market competitiveness. The company actively discloses relevant sustainable development results. Up to now, the company has disclosed ESG performance as a separate report for four consecutive years, and its efforts in sustainable development are widely recognized by the capital market.

 

In the future, the company will make continuous efforts to strengthen management in green operation, employee management, supply chain management, business ethics and other aspects, and shoulder its own responsibility for achieving sustainable development goals.

 6 July 2023

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 Sunny Optical Wins Another ESG Award with Contribution to Sustainable Development Recognized

On February 22, 2023, Sunny Optical Technology (Group) Co., Ltd., the world's leading optical expert, was awarded the ESG Award at the 4th InnoESG Prize Presentation. This was the second time for the group winning this award, affirming the Group's unremitting efforts and outstanding performance in sustainable development. The InnoESG Award is jointly organized by the Peace Center of the UNESCO Association, the SocietyNext Foundation and the Rotary Club. Past award-winning companies have spanned different industries, including Fortune 500 companies, listed companies, and international rating agencies, etc. It is aimed to recognize the businesses that are transforming the world with sustainable measures and to encourage those enterprises that have innovatively reformed their core business to adapt to and incorporate ESG aspects. 

Pursuing sustainable development is critical for a company to be long-lasting and strongly competitive in the long run, thus we have been carrying out ESG related management work and have disclosed ESG performance as a separate report for three consecutive years. The Group will continue to adhere to the core value of “Create Together” and firmly fulfills three major responsibilities on sustainable development. With business model that is technically innovative and sustainable, the Group hopes to make more contributions to the human society.

 23 February 2023
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Sunny Optical Technology is Listed on the "2022 Forbes China Top 50 Sustainable Industrial Companies"
 
On February 7, 2023, Forbes China released the "2022 Forbes China Top 50 Sustainable Industrial Companies", and Sunny Optical Technology was included on the list.

On August 31, 2022, Forbes China launched the assessment of "2022 Forbes China Top 50 Sustainable Industrial Companies", which aims to identify industrial companies with far-reaching and outstanding achievements in sustainable development, and establish benchmarks for Chinese industrial companies to help them further optimize their sustainable development strategies, thereby contributing to the construction of a green China and evergreen enterprises. This assessment is based on the five dimensions of "management system, technological innovation, comprehensive efficiency, resource allocation and demonstration", which is independently designed by Forbes China, with a panel of experts invited to make a comprehensive assessment.

The companies selected this year are those who have been operating steadily for more than three years and have a domestic market capitalization or valuation over ¥30 billion, or revenue over ¥10 billion in the previous year. This honor not only indicates that the company’s stable and mature management system, but also its globally competitive advantages and its globally leading technology, making it an industry benchmark with high value of sustainable development.

In the future, Sunny Optical Technology will continue to pursue sustainable development and become a green pioneer and model in the optical industry.
 
 14 February 2023
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The Company Issued its First Sustainability-Linked Bonds Successfully
 
On 17 January, 2023, the Company successfully issued 3.5-year U.S.$400 million 5.95% sustainability-linked bonds in compliance with Regulation S in the international bond capital market.

This issuance is another important milestone of the Company in the capital market. Citi and BNP Paribas are acting as joint global coordinators, and BNP Paribas, Citi, Crédit Agricole and UBS are acting as the joint bookrunners and joint lead managers of the issuance.

On 4 January, 2023, the Company announced its online roadshow presentations.   Senior management of the Company's conducted more than 15 deal roadshow meetings with approximately 200 investors on 5 and 6 January. The issuance was highly recognized by investors, attracted a large number of high-quality international investors, and was oversubscribed by almost 5 times.

This deal also makes a number of industry records: the first U.S. dollar sustainability-linked bonds for the technology manufacturing industry in Asia,and the first sustainability-linked U.S. dollar bonds by a Chinese enterprise.

The Company has adopted the greenhouse gas (“GHG”) reduction target as the Sustainability Performance Target(“SPT”) for the sustainability-linked bonds, namely a 20% reduction of Scope 1 and 2 GHG emissions intensity by the year of 2025 versus a baseline of the year of 2021. The issuance of the sustainability-linked bonds reflects the Company's commitment and determination to reduce GHG emissions, which will help the Company to achieve its dual carbon goals in a planned and targeted manner and further improve its sustainability capabilities.
 
20 January 2023
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Sunny Optical Technology is Listed on the “2021 Hurun China Private Companies SDG Readiness 100”
 
On January 10, Hurun Research Institute released “Hurun China Private Companies SDG Readiness 100” for the first time, listing the top 100 Chinese private companies which are most in line with the United Nations' 17 Sustainable Development Goals (SDGs). Sunny Optical Technology is on the list.
 
 
The 17 SDGs set by the United Nations include No Poverty, Gender Equality, Climate Action, etc., with a total of 169 specific targets, aiming to fully solve the development problems in the dimensions of social, economic and environment in an integrated manner by 2030, and moving forward to a sustainable development path.
 
Hurun Research Institute is the world's leading authoritative research institute under the international media platform "Hurun Report". Hurun said that the list is the first report focusing on the sustainable development achievements of Chinese private companies, and the scope of the research is "Hurun China 500 Most Valuable Private Companies". Sunny Optical Technology's overall score ranked 46th on the list, placing the third in the electronic components industry. This honor shows that the company's work on the path to sustainable development has once again been affirmed and recognized by the authoritative research institutions.

27 January 2022
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Sunny Optical Technology’s MSCI ESG Rating upgraded to A
 
With the continuous improvement of environmental, social and governance (ESG) legislation and regulation around the world, ESG compliance has become an important part of the company's overall operational compliance. Good ESG management can not only effectively reduce the corresponding compliance risks, but also help the company better conduct internal governance, attract talents, expand the market, build brand reputation, and cope with the challenge of climate change.
 
In order to effectively measure the performance of ESG, ESG rating results released by third-party institutions are generally regarded as an important auxiliary tool and KPI for enterprises to evaluate the status of ESG and make improvement plans. MSCI ESG Ratings, one of the most influential ESG ratings, recently released its latest results after a review of more than 14,000 equity/bond issuers. Thanks to its excellent ESG performance, Sunny Optical's rating has been upgraded from "BBB" to "A", placing it in the upstream of China's electronic equipment, instruments and components industry. According to the relevant report, 15% of the companies in China's electronic equipment, instruments and components industry could be rated "A" and above.
 
Since its inclusion in 2018, we have continuously upgraded the ESG rating for four consecutive years. The year-to-year improvement in the rating reflects the continuous improvement of our ESG information disclosure and management level, and will encourage us to continue to improve the overall performance of ESG and pursue high-quality sustainable development.
 
27 December 2021
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Sunny Optical Joins Apple’s Clean Energy Program

Sunny Optical is proud to join Apple’s Clean Energy Program. We commit to power all of our Apple production with 100 percent clean energy. Learn more here: https://www.apple.com/newsroom/2021/10/apple-charges-forward-to-2030-carbon-neutral-goal-adding-9-gigawatts-of-clean-power-and-doubling-supplier-commitments/
 
28 October 2021
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Sunny Optical Technology, a constituent of the Hang Seng Corporate Sustainability Index and  Hang Seng ESG 50 Index
 
Hang Seng Indexes Company Limited announced the latest results of its review of indexes. Sunny Optical Technology will be selected as a constituent of the Hang Seng Corporate Sustainability Index, becoming one of the top 30 of Hong Kong-listed companies with excellent performance with respect to corporate sustainability. In addition, Sunny Optical Technology will be selected as a constituent of the Hang Seng ESG 50 Index, becoming one of the top 50 ESG performance leaders with relatively high market-capitalisation listed in Hong Kong.
 
The selection to the two indexes reflects the recognition on the sustainable work by the Company from the capital market, and will stimulate the Company to pursue high-quality development, so as to create more value for shareholders.
 
21 August 2021

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