Beijing, June 27, 2013 – At the 2013 Annual Conference of Chinese Green Companies held recently in Kunming, Yunnan Province of China, ABB was named to the Top 3 of China’s Top 100 Green Companies 2013 in the category of foreign companies. Alibaba, Lenovo Group, and Vanke took the top three places in the category of private companies, while Haier Group, State Grid, and Tsingtao Beer were the top three winners among state-owned enterprises.
The ranking of China’s Top 100 Green Companies was initiated by the China Entrepreneur Club and is the first cross-industry company ranking in the country to evaluate sustainable competitiveness. The list was first released in 2008. The evaluation is conducted based on public company information according to five major categories: cultural, economic, environmental, social and innovation.
Han Yu, Head of Sustainability, ABB North Asia and China, said, "ABB has always attached great importance to and actively promoted the company's development of sustainable competitiveness, which runs through every stage of the entire value chain, including product research and development, design and manufacturing, the provision of products and services to customers, cooperation with suppliers, risk and opportunity assessment, and active fulfillment of corporate social responsibility. In addition, ABB is committed to pursuing excellence in occupational health and safety."
ABB provides leading technologies and products to help customers save energy, promote efficiency, and reduce the impact on the environment. Over the past decade, ABB electric drives have helped domestic customers save a total of 157 billion kWh of power, equivalent to 1.6 times the generating capacity of the Three Gorges Power Station in 2012. Calculated in accordance with the Beijing household consumption level in 2012, the power saved can meet the demand of 56 million households per year. Highly efficient motors provided by ABB to domestic customers last year alone helped save 240 million kWh, equivalent to a cut of 200,000 tons of carbon dioxide emissions.
At the same time, ABB adheres to the highest level of business ethics and embeds integrity in its business processes and organization. In March this year, ABB was named to the Ethisphere Institute’s list of the World’s Most Ethical Companies in 2013 for its ethical business practices.
In addition, ABB actively participates in environmental and educational charity projects in China to facilitate the development of social causes. For example, since 2005, ABB has supported underprivileged college students through the "ABB-New Great Wall Fund” with accumulated donations of over 10 million Yuan. In 2007, ABB joined the Shanghai Charity Foundation to launch the “Care for Senior Citizens, Care for Our Future” program in Shanghai. ABB has helped renovate the facilities of local non-profit nursing homes and improved the lives of senior citizens with its continued donations. Over 2,500 senior citizens have benefited from this CSR program. Also, in order to reduce the negative impact of desertification and ensure a stable power supply to the capital, ABB China and Ordos Electric Power Bureau, a subsidiary of Inner Mongolia Electric Power Group, began the anti-desertification programs since 2007 to build a green shield for Beijing.
The 2013 China’s Top 100 Green Companies were selected from over 1,400 organizations on the “Top 500 Chinese Enterprises,” “Top 500 Chinese Private Enterprises,” and “Fortune Global 500,” and other public and non-public companies that stand out for their environmental protection and social responsibility. The selection process involved multiple steps, including the evaluation of online publications, industrial benchmarking, controversial social incidents, and NGO communication, to determine the Top 100 List. The list comprised three categories this year: private enterprises, state-owned enterprises, and foreign enterprises.
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 145,000 people. ABB has a full range of business activities in China, including R&D, manufacturing, sales and services, with 19,000 employees, 36 local companies, and an extensive sales and service network across 90 cities.
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