In the 2025 MSCI ESG Ratings report, Simplo Technology's rating was upgraded from BBB to A, underscoring the company's steady progress across multiple ESG dimensions. This milestone builds on the momentum since 2021, which the company designated as its "first year of sustainability", marking the formal launch of its ESG journey. By embedding sustainability into its core business, Simplo has aligned its strategy with the UN Sustainable Development Goals (SDGs), setting out a comprehensive ESG roadmap to guide medium- to long-term development and to drive corporate sustainability initiatives.
The MSCI ESG Ratings, developed by global index provider MSCI, evaluate companies across 33 key ESG issues using thousands of data points. The assessment focuses on a company's long-term resilience to ESG risks and benchmarks performance relative to industry peers, with ratings ranging from CCC (lowest) to AAA (highest).
According to MSCI, Simplo's upgrade from BBB to A reflects notable improvements in several areas. The company has demonstrated stronger board-level oversight of business ethics and compliance, along with significant progress in supplier due diligence. Its responsible sourcing practices now surpass the industry average. Beyond its core lithium-ion battery products, Simplo is expanding into battery modules and energy storage systems, with applications for light electric vehicles—aligning with the growing global demand for clean energy technologies.