Recently, the China Association for Public Companies (CAPCO) released the “ESG Best Practice Cases Among Listed Companies 2022”, and CIMC Group won one of the “ESG Best Practice Cases Among A-share Listed Companies” in 2022 CAPCO issued certificates to selected listed companies and record such companies in the positive list of the credit archive database of the securities and futures market of the CSRC.
In this September, CAPCO organized the collection of ESG excellent cases of listed companies and published the annual “ESG Excellent Practice Cases of Listed Companies, and 146 cases of listed companies were selected. On the basis of excellent cases, the ESG Professional Committee of CAPCO organized two rounds of expert review according to 20 first-level indicators in four dimensions, and finally selected 30 ESG best practice cases among A-share listed companies. The case of “Giving Play to the Value of ESG and Providing New Drivers for High-Quality Sustainable Development of CIMC Group fully demonstrates the ESG management and practical actions with CIMC characteristics, and the case has been well recognized by the review experts.
As an A+H share listed company with the state-owned capital as its dominant capital, CIMC Group has been unswervingly practicing the concept of sustainable development, continuously taking the work of environmental, social, and corporate governance (ESG) to a higher level and constantly integrating ESG into the whole process of the Company’s operation and management.
At present, ESG has become an obvious trend in the world, and ESG plays an increasingly important role in the standards of an excellent enterprise. The report of the 20th National Congress of the Communist Party of China directly pointed out that China should accelerate the creating a new development pattern and strive to promote high-quality development. In future, CIMC Group will always implement the new development concept, actively implement the corporate mission and social responsibility, unswervingly carry out ESG practices that conform to China’s conditions and international standards, promote the Company’s comprehensive value creation, and contribute to the realization of the China’s carbon dioxide peaking and carbon neutrality goal to make more valuable contributions to the sustainable development of human society.
