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S&P releases RLX’s ESG Score report: ranked ahead of its Global – Press Release

BEIJING, October 29, 2022 /PRNewswire/ — RLX Technology RLXknown for its RELX brand vape products, recently received its S&P Global ESG Score, resulting from the latest annual CSA (Corporate Sustainability Assessment), ranking ahead of global vape competitors.

RLX received impressive scores in business ethics, innovation management, supply chain management, human capital development and customer relationship management.

The S&P Global CSA is one of the largest comprehensive assessments of corporate sustainability practices in the world. The assessment quantifies and assesses various ESG management and performance of companies to fully reflect companies’ ESG management and information disclosure.

RLX has always viewed ESG as part of the company’s core competitiveness. Since its inception, RLX has continually strived for ESG. It has established an ESG committee at board level to develop sustainability strategies with the aim of comprehensively improving its ESG performance and ensuring the implementation of relevant initiatives.

Product stewardship, sustainable supply chain and combating climate change have been among RLX’s key ESG themes in 2021. RLX has invested since its inception 800 million yuan in research and development. RLX has built its laboratory matrix consisting of eight laboratories for different purposes and developed a “1+4” science research chain that includes product quality, physico-chemical research, toxicological research, long-term impact assessment and clinical research.

RLX is also committed to driving sustainable development along the entire value chain. RLX regularly conducts ESG performance assessments at existing suppliers. It also performs the third-party audit on selected suppliers based on the RELX Business Partner Code of Conduct and the SA8000 standard.

Meanwhile, RLX endorses the concept of sustainable consumption and encourages users to participate in the “Pods Reborn” recycling program to recycle used…

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