china everbright limited receives honor for "china's top20 investment institutions in esg" from 36kr
11 may, 2021─ china everbright limited ("everbright" or the "company", stock code: 165.hk) ranked in china's top20 investment institutions in esg (environmental, social and governance) from 36kr, the first group of investment institutions to receive such honor in 36kr's inaugural accolade.
the league table for china's top20 investment institutions in esg is based on 36kr's survey of institutional investors' esg investment strategy, which takes the business performance of the investment institutions, as well as the penetration level and practice of its esg concept into consideration, with a weighting of 80% and 20% respectively. the honor is a testimony to the company's dedication in promoting and practicing its esg concept, while its practices in sustainable development have been widely recognized by the industry. in addition, it reflects the efforts everbright has made in achieving carbon neutrality in the esg field.
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following the 2nd belt and road forum for international cooperation in 2019, the debut of everbright belt and road green fund, a subsidiary of china everbright limited, showcased how the company has taken the lead in terms of implementing the green development concept and advocating low-carbon green investment as evidenced by its private equity being the first in the domestic market to fully adopt the esg standard.
on the same day of 36kr’s 2021 china fund partners future summit, zhang xianlong, managing director, everbright belt and road green fund, shared his views on the theme of "the relationship between long term, innovation and esg" and discussed topics such as "emission peak", "carbon neutrality" and esg investment with other guests. zhang said "exclusion list in traditional esg investment avoids a company having to do certain businesses. however, we not only comply with the exclusion list, but also formed a positive inclusion list to identify areas where we must do better."
in the last two years, the esg concept has become increasingly recognized by both domestic and foreign capital markets. the outstanding esg performance of a company would reduce its costs, and increase the asset value, while having an instrumental effect in one's reputation, operational efficiency and legal protection, which helps companies realize their long-term value.
