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Sustainability

The vision of Fosun is to create happy lives for one billion families worldwide in health, happiness and wealth.

In order to achieve this vision, we have developed the following sustainable development strategies to assess and manage the impact of the company on environment, society and economy, and have integrated sustainable development into our operations.

Fosun Foundation

Since its establishment, Fosun has been adhering to the concept of “Self-improvement, Teamwork, Performance and Contribution to Society”, shouldering corporate social responsibilities and insisting on serving the society, the people and the nation. Founded in November 2012, Fosun Foundation is a public welfare foundation with Fosun as the main donor.

Fosun Foundation covers business of health poverty alleviation, culture, education, art, youth entrepreneurship and employment, etc., and makes donations to more than 40 public welfare programs every year in multiple countries and regions around the world. By the end of 2020, it donated an accumulative amount of more than RMB610 million.

  • Rural Doctors Health Poverty Alleviation Program

    Under the instruction of the National Health Commission Poverty Relief Office, Fosun Foundation, together with China Foundation for Guangcai Program, China Population Welfare Foundation, etc., initiated the Rural Doctors Health Poverty Alleviation Program in December 2017.

    Aiming at the weakness of targeted poverty alleviation - the basic medical security demand of the impoverished people, we innovatively helped 1.44 million rural doctors across the country, carried out training for rural doctors, provided insurances, gave out incentive fund for chronic disease contracting management, selected outstanding rural doctors, provided assistance to patients of serious illness, upgraded rural clinics and taken other measures by assigning corporate employees and recruited volunteers via University Students Volunteer Plan in Western to work together for on-site poverty alleviation, so as to help alleviate poverty and repoverty caused by illness.

    By the end of December 2020, the Rural Doctors Health Poverty Alleviation Program covered 70 national poverty-stricken counties in 15 provinces (autonomous regions and cities) in Midwestern China. 158 volunteers inspected and provided assistance to 12,545 rural clinics in administrative villages, caring for 22,192 rural doctors and benefiting nearly 3 million rural families. In addition, the on-site volunteers provided 39,199 accident and health insurances for rural doctors in 70 program counties, among which the accident insurance achieved full coverage of rural doctors in the program counties; organized 81 offline trainings for more than 12,875 rural doctors, and provided online trainings for 5,182 rural doctors; upgraded 298 rural clinics and donated more than RMB10 million worth of related equipment and medicines; gave out RMB6.372 million in total to 32 counties as the incentive fund to do chronic disease contracting management; and helped 193 patients of serious illness with the help of volunteers and local rural doctors and in cooperation with China’s Social Support Platform for Serious Illness, with funds raised totaling over RMB3.03 million.

  • Pramerica-Fosun Spirit of Community Awards

    Pramerica-Fosun Spirit of Community Awards originated from Pramerica Spirit of Community Awards. The awards were the biggest community services awards entirely based on voluntary community services for the youth in the United States. It aims to identify and recognize outstanding teenage volunteers and encourage more young people to devote to the greater public good. Over the past 20 years, the awards have been extended into an international network and carried out in many countries and regions to encourage global young people to help others, serve communities and contribute to society through voluntary services, attracting millions of global outstanding teenage volunteers aged from 12 to 18.

    In 2013, after Fosun established a joint venture named Pramerica Fosun Life Insurance Co., Ltd. with Pramerica in China, Fosun Foundation cooperated with Prudential Financial to introduce the Spirit of Community Awards into China, to arouse the enthusiasm of China’s high school students for public welfare and promote China’s youth public welfare in line with international standards. More than 5,300 high school students have applied for the program, which has been carried out nationwide.

  • Fosun Foundation Art Center (Shanghai)

    Located at Shanghai BFC, the Fosun Foundation Art Center (Shanghai) is a non-profit organization initiated and funded by Fosun and the Fosun Foundation. It is committed to promoting contemporary art works, linking Chinese and international culture and art and enhancing public attention, understanding and participation of global contemporary art works. Meanwhile, the Fosun Foundation Art Center (Shanghai) continuously pays attention to and supports China’s local artists and provides a broad platform for the exhibition of China’s outstanding contemporary art works.

    The Fosun Foundation Art Center (Shanghai) is designed by Foster+Partners and Heatherwick Studio. The most attracting part of the building appearance is the three-layer golden rotatable curtain. Located on the top floor of the Art Center, the public installation art “Counter Sky Garden”, designed by Tatsuo Miyajima, a Japanese artist, is a permanent collection of Fosun Foundation. The installation is composed of 300 flashing LED digital lights with the number changing from 9 to 1 in cycles. The art work collected and selected 300 Shanghai residents from different backgrounds to share their meaningful stories, thereby setting the flashing speed of the LED lights.

  • Tai Chi Adjuvant Therapy for Parkinson’s Disease

    In 2015, Professor Chen Shengdi, expert of Ruijin Hospital of Shanghai Jiaotong University School of Medicine (“Ruijin Hospital”), Professor Xu Jin of Shanghai Institutes for Biological Sciences, Chinese Academy of Sciences, and Sino Taiji jointly carried out the scientific research on “Tai Chi Adjuvant Therapy for Parkinson’s Disease” with the support of Fosun Foundation.

    In 2020, Professor Chen Shengdi’s scientific research team of Ruijin Hospital announced the scientific research achievements of Tai Chi Anti-Parkinson’s Disease Program: Tai Chi can effectively improve the motor and non-motor symptoms of patients with Parkinson’s disease and improve the physical function of patients with Parkinson’s disease from the physiological mechanism to slow the progression of Parkinson’s disease.

    As the world’s reliable pioneer of Tai Chi public welfare in the future, Sino Taiji continuously focuses on the research and promotion of “Tai Chi to Prevent and as Adjuvant Therapy for Chronic Diseases”. As of 2021, Sino Taiji has set up charitable courses in Shanghai, Beijing, Chengdu, Ningbo, Dongyang and other cities to provide long-term free courses of Tai Chi public welfare for 400 patients with Parkinson’s disease and 51 patients with memory disorders. More than 500 patients with Parkinson’s disease watched and benefited from the courses online.

  • Pramerica-Fosun Spirit of Community Awards

    Pramerica-Fosun Spirit of Community Awards originated from Pramerica Spirit of Community Awards. The awards were the biggest community services awards entirely based on voluntary community services for the youth in the United States. It aims to identify and recognize outstanding teenage volunteers and encourage more young people to devote to the greater public good. Over the past 20 years, the awards have been extended into an international network and carried out in many countries and regions to encourage global young people to help others, serve communities and contribute to society through voluntary services, attracting millions of global outstanding teenage volunteers aged from 12 to 18.

    In 2013, after Fosun established a joint venture named Pramerica Fosun Life Insurance Co., Ltd. with Pramerica in China, Fosun Foundation cooperated with Prudential Financial to introduce the Spirit of Community Awards into China, to arouse the enthusiasm of China’s high school students for public welfare and promote China’s youth public welfare in line with international standards. More than 5,300 high school students have applied for the program, which has been carried out nationwide.

  • Rural Doctors Health Poverty Alleviation Program

  • Pramerica-Fosun Spirit of Community Awards

  • Fosun Foundation Art Center (Shanghai)

  • Tai Chi Adjuvant Therapy for Parkinson’s Disease

  • Pramerica-Fosun Spirit of Community Awards

Fight Against COVID-19

Global Capability, Global Responsibility

  • 3,000,000+

    Medical supplies for domestic assistance

  • 50,000,000 +

    Medical supplies for overseas assistance

  • 500 +

    Frontline medical workers fighting the epidemic

  • 30+

    Foreign countries received our aid

News

Fosun International wins “ESG Leading Enterprise Award” and “Leading ESG Initiative Award” organized by Bloomberg Businessweek Chinese Edition

Fosun has garnered the “ESG Leading Enterprise Award” in the Category I - Market capitalization over HK$20 billion and “Leading ESG Initiative Award” at the ESG Leading Enterprise Awards 2020 co-organized by the Bloomberg Businessweek Chinese Edition and Deloitte.

Fosun International’s HSI ESG rating upgraded, Selected as constituent of Hang Seng Corporate Sustainability Benchmark Index

Fosun International has been selected as constituent of the Hang Seng Corporate Sustainability Benchmark Index.

Fosun International improves MSCI ESG rating to grade A

Fosun International’s MSCI ESG rating has improved from BBB last year to A in 2020