The World’s 500 Most Influential Brands ranking evaluates brands based on their ability to develop and capture markets and generate revenue, thereby providing a comprehensive determination of global brand influence. World Brand Lab’s The evaluation process included comprehensive scoring of more than 8,000 globally recognized brands using key indicators such as market share, brand loyalty, and global leadership. In particular, the brand loyalty assessment incorporates data from iTrust Rating, while the environmental, social and governance (ESG) performance assessment is derived from SuperFinance’s extensive ESG database.
The joint research team World Brand Research Institute SuperFinance has discovered a significant trend among multinational brands, where increasing globalization pressures are driving a shift towards different localization strategies and prioritization of ESG performance. The strong correlation between brand value and ESG performance highlights the growing importance of sustainable practices.
In response to these findings, XCMG has published its first ESG report.
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XCMG accelerated the adoption of cutting-edge digital technologies across multiple production processes throughout 2024. XCMG has implemented advancements such as image recognition-based material sorting, AGV shuttle intelligent transportation system, and digital twin robotic welding production line to effectively enhance automation. Realizes intelligence in parts manufacturing while reducing labor costs.
For more information, please visit https://www.xcmglobal.com/.