On October 22, in order to recognize outstanding contributors in the field
of ESG, and to promote investors to pay attention to and discover the ESG value
created by outstanding listed companies. The Wind announced the “2024 Wind
China Top 100 Listed Companies ESG Best Practices” list, and COSCO SHIPPING
Development was selected again in the list after 2022 and 2023 with AA rating
among the top 1.52% of the sample of Chinese listed companies in the field of
sustainable development with its excellent ESG governance and outstanding performance. COSCO SHIPPING Development has been on the list for three consecutive
years, highlighting the company's fruitful results in continuous development
and precise efforts in the ESG field. In recent years, under the ESG governance
requirements of the two exchanges, the Company has deepened and practiced ESG
concepts, improved and perfected the ESG management system, steadily raised the
level of ESG governance, leaned and strengthened the quality of ESG disclosure
and information, and highlighted ESG effectiveness, and has been commended and
recognized by domestic and international ESG authorities. In the future, COSCO SHIPPING Development will continue to anchor the goal
of high-quality development with firm conviction and solid pace, boost the
company's value and competitiveness with effective ESG governance, give full
play to its core function of combining production and financing, take up its
corporate social responsibility, and join hands with internal and external
partners in the industry for collaborative progress and synergistic
development, so as to jointly push forward the construction of an ecosystem for
the sustainable development of the industry. "Wind China's Top 100 Listed Companies in
terms of ESG Best Practices Based on the latest Wind ESG ratings of all A-share
and H-share listed companies, Wind has selected 100 listed companies with the
best ESG performance in each industry to enter the list. The ESG rating system
is based on ESG connotations, data-driven, and in line with international
standards and assessment frameworks, with more than 500 specific indicators
under the two major sections of management practices and controversial events,
which are able to scientifically and rigorously reflect the substantial ESG
risks of enterprises and their ability to operate sustainably.
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