BEKE-W(02423): MSCI ESG rating upgraded to "AA" grade
Shell-W (02423) announced that Morgan Stanley Capital International (MSCI) has included it in its environmental, social and...
BEKE-W(02423) released an announcement that Morgan Stanley Capital International (MSCI) has upgraded the company's ESG rating from "A" to "AA" in its Environmental, Social, and Governance (ESG) ratings, marking three consecutive rating upgrades from 2023 to 2025. This achievement highlights the company's strong commitment to promoting ESG practices within the industry.
In MSCI's latest assessment, the company scored an impressive 6.6 points in the ESG governance category, outperforming the industry average. By continuously improving business ethics and anti-corruption policies and implementing comprehensive business ethics training programs, the company has made significant progress in corporate behavior. The company's score in the ESG environmental category has also significantly improved, thanks to the implementation of the "Apartment Environmental Protection Convention," which guides tenants and apartment managers to practice green initiatives and promotes urban community development through apartment projects.
MSCI ESG ratings are compiled by MSCI, a leading provider of critical decision support tools and services for the global investment community. The ratings aim to help institutional investors assess companies' ability to resist significant ESG risks at a financial level and provide benchmarks for maximizing investment returns within specific timeframes through capital allocation.
The company upholds the mission of "dignified service, better living," and is dedicated to reshaping the Chinese residential service industry through infrastructure transformation and technology-driven innovation. The company aims to create long-term sustainable value, empower service providers' professional growth, and provide consumers with a better living experience.
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