SHANGHAI, China, May 22, 2024 (GLOBE NEWSWIRE) -- Guotai Junan International Holdings Limited (01788.HK) announced recently that relying on the securities firm's outstanding performance in the field of sustainable development, Hong Kong Quality Assurance Agency (HKQAA) raised its sustainable development rating from BBB to BBB+, marking the industry's authoritative rating agency's recognition of the company's sustainable development practice.

The securities firm has long been committed to implementing the concept of sustainable development and proactively shouldering the responsibility as a leading financial institution in the industry.

Besides, Guotai Junan International has scored MSCI ESG rating of BBB. In 2023, the firm conducted an independent climate change-related risk assessment and scenario analysis, and its parent company Guotai Junan Securities Co., Ltd. became a signatory of the Principles for Responsible Investment (PRI) which is the world's leading proponent of responsible investment.

In the future, the securities firm will further improve its participation and competitiveness in the field of green and sustainable finance, making positive contributions to the sustainable development of the whole industry and society.

It is learned that the HKQAA Sustainability Rating and Research is designed to rate a company's system maturity and risks with regard to sustainability performance, based on and with reference to international guidelines and frameworks.

Source: Guotai Junan Securities

This item of content is a press release from a third party provider who make no warranties or representations in connection with this content and therefore PA can make no warranties in respect of its use.

Tags

More Like This

Chinese securities firm Guotai Junan's MSCI ESG rating upgraded to AAA

Guotai Junan International submits 3rd CoP to UN Global Compact, reporting progress in corporate sustainability

37 Interactive Entertainment's MSCI ESG rating jumps to AA

Guotai Junan Securities, Haitong Securities issue joint circular, disclosing merger details

Ping An's MSCI ESG Rating Upgraded to AA, Tops APAC Multi-line Insurers & Brokers for Third Straight Year

Ping An Ranked in CUHK's Business Sustainability Indices with Rating of "Achiever"

Guotai Junan International expects 52-72 pct y-o-y increase in H1 net profit

Abu Dhabi-based Ittihad International Investment LLC receives provisional ‘AAA’ ESG Rating from MSCI, Leading the MENA Industrial Sector