Shenzhen Inovance Technology Co., Ltd. is a leading company in the electrical equipment industry in China with a medium ESG score of 23.3. Established in 2003 by former Huawei and Emerson engineers, Inovance specializes in developing and producing components for elevators, automation equipment, robots, new energy vehicles, and railways. Their product range includes variable frequency drives, servo systems, sensors, interfaces, and motor controllers. With a workforce of around 22,000 employees, including over 5,400 R&D engineers, Inovance primarily operates in China, where nearly 95% of their sales are generated. The company's headquarters are located in Shenzhen, with a significant regional office in Suzhou and more than 10 branches spread across China.