Fosun International Achieves New Milestones in ESG Ratings
Fosun International's Impressive ESG Rating Performance
Fosun International Limited has made significant strides in enhancing its Environmental, Social, and Governance (ESG) performance, recently announced by FTSE Russell. The organization released its latest ESG ratings, showcasing that Fosun International has been upgraded to an impressive score of 3.9. This achievement places the company well above the global industry average of 2.6 and the national average of 2.0. Furthermore, Fosun continues to be a proud member of the esteemed FTSE4Good Index Series for the fourth consecutive year, a testament to its commitment to responsible business practices.
Key Highlights of Fosun International's ESG Rating
FTSE Russell's evaluation covers critical areas of corporate governance, environmental impact, and social responsibility. In the recent assessment, Fosun International distinguished itself by exceeding average scores specifically in environmental, social, and governance dimensions. Notably, the company achieved a perfect score of 5.0 in both Environmental Supply Chain and Anti-Corruption, and for the first time, it also secured a full 5.0 in Risk Management. This reflects Fosun's robust systems to manage risk effectively.
Exceptional Scores Across Multiple Criteria
The company also excelled in several key performance areas. Fosun International received scores of 4.0 or higher in Human Rights & Community, Labour Standards, Social Supply Chain, and Corporate Governance. These high ratings indicate a strong recognition from the capital market regarding Fosun's sustainable management practices, which is crucial for investors looking for companies committed to positive societal impacts.
Continued Commitment to Sustainability
In recent years, Fosun International's dedication to sustainability has remained unwavering. Currently, it boasts an MSCI ESG rating of AA and an HSI ESG rating of AA-. Furthermore, the company ranks in the top 5% among its global peers as per the latest results from S&P Global's Corporate Sustainability Assessment (CSA). Being included in the S&P Global Sustainability Yearbook is another highlight, further solidifying its position as a leader in sustainability initiatives.
Fosun's Institutional Values
Sustainability is not just a trend for Fosun; it is deeply embedded in the company's core values. Since its inception, Fosun has adhered to its aspirations of self-improvement, teamwork, performance, and contributing positively to society. The company's leadership recognizes that strengthening sustainable development management is essential for long-term success.
Building a Better Future
Looking forward, Fosun International is committed to enhancing its business operations while also fulfilling its corporate social responsibilities. The company aims to deepen its ESG initiatives and leverage its global industrial ecosystem for a greater impact. Fosun believes in actively contributing to building a better world, and its focus on sustainability is central to this mission.
Understanding the FTSE4Good Index Series
The FTSE4Good Index Series, established in 2001, is pivotal in assessing the performance of companies meeting internationally recognized corporate responsibility standards. It aims to highlight firms that exhibit strong ESG practices and transparent management, making it an essential tool for investment advisers, asset managers, and financial institutions in assessing sustainable investment products. To achieve and maintain inclusion in this index, companies must implement comprehensive measures across various domains, such as climate change mitigation, resource conservation, and the promotion of universal human and labor rights.
Frequently Asked Questions
What is Fosun International's latest ESG score?
Fosun International's latest FTSE Russell ESG score is 3.9, exceeding global and national averages.
How long has Fosun been included in the FTSE4Good Index?
Fosun International has been included in the FTSE4Good Index for four consecutive years.
What are the key areas of excellence for Fosun's ESG rating?
Fosun International achieved perfect scores in Environmental Supply Chain, Anti-Corruption, and Risk Management.
How does Fosun International view its corporate social responsibilities?
The company is committed to enhancing its CSR initiatives and fulfilling its obligations as a responsible business.
What is the FTSE4Good Index Series?
This index measures the performance of companies that meet recognized corporate responsibility standards, focusing on ESG practices.
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