Smoore Awarded Highest Rating for its ESG Efforts
The international ESG rating agency Sustainalytics awarded Smoore International Holdings Limited, parent to the FEELM and Vaporesso brands, the top position among global electronic atomization companies.
“Smoore’s outstanding performance in corporate governance, business ethics, supply chain, environmental management, and carbon emissions contributed to its leading position in the global electronic atomization industry,” a release states. “Its ESG score improved from 27.9 to 24.6 (the lower the Sustainalytics score, the better the performance), reflecting the industry and global recognition of Smoore’s accomplishments in sustainable development.”
Sustainalytics is an independent ESG research, rating, and data company with 25 years of expertise in ESG and corporate governance research and analysis, covering an estimated 15,000 companies globally.
Smoore consistently ranks first among global electronic atomization companies in the ESG ratings published by MSCI, the world’s largest index company.
Last year, Smoore declared that it was the first in the industry to launch a carbon neutrality plan, aiming to achieve operational carbon neutrality by 2050 and source 30 percent of its energy consumption from renewable sources by 2030.