HONG KONG, October 23, 2022 /PRNewswire/ — Fosun International Limited (stock code HKEX: 00656) recently received two awards for Environmental, Social and Governance (ESG) reporting from two leading industry authoritative organizations, namely Hong Kong Management Association (HKMA) and Hong Kong ESG Reporting Awards (HERA), reflecting recognition of the Company’s outstanding performance and achievements in ESG strategy, corporate governance and disclosure by authoritative organizations and the market.
On the evening of October 19, HKMA held a “Best Annual Reports Awards 2022” award ceremony at hong kong and Fosun International received the Award for Excellence in Environmental, Social and Governance Reporting.
HKMA is a well-known non-profit organization in the business and education sectors, and enjoys a high reputation in the industry. Established by the HKMA in 1973, the Best Annual Reports Awards are intended to recognize the publication of timely, accurate, informative and well-presented annual reports by businesses and non-profit organizations.
Fosun International received the “Excellence in Environmental, Social and Governance Reporting Award” by HKMA, an industry authoritative organization, in recognition of the company’s outstanding ESG performance, reflecting the broad recognition and affirmation of its excellence in corporate governance and transparency as a leading company. Other winners include Hang Lung Properties, Hysan Development, Kerry Properties, Lenovo Group, Swire Pacific, etc.
On October 20, Fosun International received another ESG reporting accolade, the Certificate of Recognition for ESG Disclosure in HERA 2022, which was supported by the Environment Bureau and InvestHK under the government of the Special Administrative Region. of Hong Kong and organized by HERA.
HERA is a non-profit initiative and one of the most prestigious awards for sustainable development in hong kong companies. It aims to reward companies that have achieved exceptional results in terms of ESG reporting and sustainable development. The winners were strictly selected by an independent jury made up of experts from various backgrounds such as business, non-governmental organizations and academia.
Since 2019, Fosun International has set up the ESG Committee and set up an ESG working group to comprehensively improve ESG management and ensure the implementation of each ESG indicator. Fosun International has established an ESG Management Committee to promote the effective implementation of ESG strategies and initiatives. Meanwhile, Fosun has always upheld its original aspiration of “self-improvement, teamwork, performance and contribution to society” and its corporate mission of “Creating happier lives for families around the world”, integrating the principle of sustainable development at all levels of the group. operations.
In recent years, Fosun has achieved remarkable ESG performance. Its MSCI ESG rating was AA and Hang Seng’s sustainability rating was A. Fosun International was selected as a constituent stock of the Hang Seng ESG 50 (large-to-mid cap top 50) index for two consecutive years and was included as a constituent stock in the Hang Seng Corporate Sustainability Benchmark for three consecutive years, which includes 87 Hong Kong-listed companies with the most outstanding performance in corporate sustainability (top 20% of constituent stocks in the Hang Seng Composite index). In addition, its FTSE Russell ESG rating has improved significantly, exceeding the industry average, and it has been included in the FTSE4Good index series for the first time. Its S&P CSA ESG score ranks ahead of 87% of its global peers and well above the industry average. All of these confirm Fosun’s ESG achievements and global recognition of Fosun’s ESG efforts.