BEKE-W(02423): MSCI ESG rating upgraded to A level.
Beike-W (02423) issued an announcement that Morgan Stanley Capital International (MSCI) has included it in its Environmental, Social, and...
BEKE-W(02423) announced that Morgan Stanley Capital International (MSCI) has upgraded the company's ESG rating from "BBB" to "A" in its environmental, social, and governance (ESG) assessment. This achievement marks the second consecutive year that the company has received a rating upgrade, demonstrating its firm commitment and relentless efforts to drive ESG practices within the industry.
In the latest evaluation by MSCI, the company scored an impressive 7.2 in the ESG social category, surpassing the global industry average of 4.3. This achievement is attributed to the company's continuous efforts in enhancing human capital, including providing tailored career training programs and systematic career development paths for its employees, as well as establishing comprehensive privacy protection and data security measures. Additionally, the company has made significant progress in exploring opportunities to incorporate green environmental concepts into various business scenarios, such as setting standards for "Lianjia Green Store" that regulate environmental decoration of brokerage stores, material recycling, and installation of intelligent electric control devices. These efforts have led to a significant increase of 1.8 points in the company's score in the ESG environmental category compared to the previous year.
MSCI's ESG rating is compiled by MSCI, a leading provider of key decision support tools and services for the global investment community, aimed at helping institutional investors evaluate companies' ability to resist major ESG risks at the financial level and providing a benchmark for optimizing capital allocation to maximize investment returns over a specific period.
The company upholds the mission of "dignified service providers, better living" and is committed to reshaping the residential service industry in China through infrastructure transformation and technology-driven innovation, creating long-term sustainable value, empowering the professional growth of its service providers, and providing consumers with a better living experience.
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