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Xinhua Silk Road: MSCI upgrades Chinese securities firm Guotai Junan International's ESG rating

BEIJING, Dec. 8, 2022 /PRNewswire/ -- Morgan Stanley Capital International (MSCI), an international authoritative indexing organization, upgraded MSCI ESG rating of Guotai Junan International Holdings Limited, a leading Chinese securities company, to "BBB", by virtue of the securities firm's excellent ESG management performance. 

MSCI stated that the securities firm's improved responsible investment practices and the strengthened ethics policies are the primary drivers of the upgrade.

Besides, MSCI noted that at present, Guotai Junan International leads global peers in corporate governance and in business ethics framework. 

Guotai Junan International's fully independent audit committee helps provide financial and risk control oversight. Meanwhile, the company has a disclosure of its anti-corruption policies and a whistleblowing mechanism. Furthermore, the company expanded its involvement in underwriting green and sustainable bonds, which amounted to 10.9 billion U.S. dollars in 2021.

ESG performance of listed companies around the world is increasingly valued by financial regulations and international investors. The upgraded rating is a high recognition and acknowledgment of Guotai Junan International's ESG management achievements by international authorities and the international capital market.

In the future, the securities firm will continue to strengthen the implementation of its sustainable development strategy, and increase its investment in environmental protection, corporate governance, employee care and social contribution.

https://en.imsilkroad.com/p/331571.html


Source: Xinhua Silk Road

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