DONGFENG MOTOR GROUP LTD H
489
Consumer Discretionary
3
exclusion reasons
3 themes
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Despite a "Green Dongfeng 2025" plan, World Benchmarking Alliance (2025/2026) identifies Dongfeng as a laggard in the 1.5C pathway. The company continues to omit Scope 3 emissions (>90% of an automaker's footprint) from public reporting. Has not set a date to phase out ICE production. Total carbon budget for sold vehicles projected to exceed Paris Agreement alignments by 2028.
Bureau of Investigative Journalism (TBIJ, 2025) and Business & Human Rights Resource Centre traced Dongfeng's supply chain to at least six factories in Hubei and Shandong participating in state-sponsored labor transfer programs. Factories produce wiring harnesses and aluminum components for models including Voyah luxury EV and Dacia Spring (for Renault). Dongfeng failed to respond to Mighty Earth 2024-2025 inquiries regarding these human rights risks.
Dongfeng remains the primary provider for the PLA through its "Dongfeng Mengshi" line. In its 2024 ESG Report, the company openly identifies itself as "China's No. 1 military vehicle brand," highlighting its completion of "military service guarantees with high quality" as a core corporate mission pillar.
Research Sources
2 organizations
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
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