China Everbright International (CEI) is an energy and infrastructure business. The company operates through four segments: Environmental Energy, Environmental Water, Greentech and Envirotech. Headquartered in Hong Kong, CEI has operations throughout the world. The company has approximately 3,400 employees.
China Everbright International’s business is to promote sustainable and environmentally friendly developments. The company’s projects include waste-to-energy power plants, water and waste treatment plants, renewable energy projects and more. In a recent year, CEI’s projects generated enough electricity to serve more than 2.2 million households for a year, reduced nearly 3 million tons of CO2 emissions and treated approximately 1.3 million cubic meters of water. Additionally, to manage the impact of its operations, the company has decreased all of its emissions from operations despite steadily expanding its business. CEI also recycles nearly 90% of its water during manufacturing and works to receive ISO 14001 certifications for each of its facilities within one year of opening. The company has a strong set of Supplier Management Measures to minimize the impact of its procurements and employs over 1,000 environmental monitoring workers, too. CEI’s talent development program offers training courses and development opportunities to its employees, and the company operates the Everbright International Environmental Protection Charitable Foundation, which sponsors projects and organizes educational opportunities for students.
At least seven of China Everbright International’s waste-to-energy incinerators have been linked to local pollution issues, and one has faced community protests that at times have turned violent.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/16 and may not reflect current opinions or subsequent events.