Fosun Ranks 5th on China ESG (Corporate Social Responsibility) Release’s List of China’s Top 100 ESG Listed Companies

Release time:2023-06-14 Content sourced from: Page View:

On the afternoon of 13 June 2023, the Financial Program Center of China Media Group (CMG), together with the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), the All-China Federation of Industry and Commerce (ACFIC), the Institute of Economics of the Chinese Academy of Social Sciences (CASS), the China Enterprise Reform and Development Society (CERDS), and other authoritative organizations and departments launched the China ESG (Corporate Social Responsibility) Release and grand ceremony, aiming to build an ESG evaluation system with Chinese characteristics and set ESG standards that are in line with international standards and national conditions. Leveraging on years of continuous cultivation in the ESG field, long-term responsible operations and effective management, Fosun stood out from many companies based on various ESG rating indicators and was successfully listed among China’s Top 100 ESG Listed Companies, becoming an ESG leaderthat ranked fifth overall and first in the composite industry.



Looking back on the past, Fosun has always paid attention to the reform and development of international and domestic policies in the field of sustainable development. It has established an ESG management system, integrated ESG management requirements into business management over the years, and published ESG reports in a timely manner, actively responding to national strategies and ensuring information security, promoting technology innovation, implementing “dual carbon” goals, taking part in public welfare undertakings, and protecting the rights and interests of employees to promote sustainable management and value creation.

In 2022, Fosun achieved remarkable ESG performance. It received an AA MSCI ESG rating and was the only conglomerate in Greater China with such rating. It was selected as a constituent of the MSCI CHINA ESG LEADERS 10-40 Index again; it received a rating of A in the Hang Seng Sustainability Index and has been selected as a constituent stock of the Hang Seng ESG 50 Index for two consecutive years and a constituent stock of the Hang Seng Corporate Sustainability Benchmark Index for three consecutive years; it was selected as a constituent of the FTSE4Good Index Series for the first time. Its S&P CSA ESG score rose significantly and outperformed 91% of its global peers.


In addition, Fosun also made a commitment to society - "strive to peak carbon emissions by 2028 and achieve carbon neutrality by 2050". Fosun has formulated effective strategies for climate change mitigation and adaptation to align with the 1.5°C temperature control target set in theParis Agreement. In order to further push forward the “dual carbon” goals of Fosun, the Group has established a Carbon Neutrality Committee and a Carbon Neutrality Working Group to actively promote further implementation and enforcement of carbon-neutral management across the Group. In April 2023, Fosun issued its first Task Force on Climate-Related Financial Disclosures (TCFD) report, demonstrating its commitment to climate action to the international community and calling on all sectors to promote carbon neutrality.


Standing at this new starting point and looking forward to the future, as a global enterprise rooted in China, Fosun will continue to uphold the corporate values of "Self-improvement, Teamwork, Performance, and Contribution to Society", advance in the fields of global emergency relief, rural revitalization, health, education, culture and art, and caring for children and adolescents, demonstrating its commitment to public welfare. In the future, as an industry leader, Fosun will also strengthen innovation and globalization, work hand in hand with customers, partners, investors and all parties in society, and continue to uphold its original aspiration of "Contribution to Society" so as to actively promote the sustainable development of ESG globally and fulfill Fosun’s mission of "Creating Happier Lives for Families Worldwide".