Create long-term value. Ten enterprises have been selected for the "WISE King of Business · 2024 Annual ESG Company Selection".
Looking back at the past year, in the international market, the scale of ESG investment has been continuously expanding, and the ESG investment concept has gradually become the consensus of global investors; in the domestic market, the policy environment has promoted the further improvement of the ESG ecosystem, and the ESG concept has also continued to deepen. With the Shanghai Stock Exchange, Shenzhen Stock Exchange, and Beijing Stock Exchange respectively issuing ESG information disclosure guidelines, as well as the release of various guiding opinions on financial support for green and low-carbon development, the development trend of ESG investment is positive, and the ESG practices and information disclosure of major industry companies are also becoming increasingly standardized.
Data shows that in 2024, the scale of China's responsible investment market maintains a relatively high growth rate. As of the end of the third quarter, The total scale of China's countable responsible investment market is 40.31 trillion yuan. Among them, the balance of green credit is 35.75 trillion yuan, sustainable securities investment (including ESG public funds, sustainable development theme bonds, and sustainable wealth management products) amounts to 3.3 trillion yuan, and sustainable equity investment is approximately 1.26 trillion yuan.
In September this year, the CSI A500 Index was officially released, and the constituent stocks also incorporate ESG screening, excluding companies with a rating of C or below. While adapting to international investment preferences, it once again highlights the importance of ESG performance for companies.
In addition, according to the long-term tracking of multiple institutions, most companies with good ESG performance can resist cyclical fluctuations and gain long-term momentum.
Therefore, in the current stage where multiple industries are undergoing in-depth adjustments and ESG investment has a long-term positive outlook, Finding a group of enterprises that adhere to long-term values may be the correct answer to crossing the cycle.
From November 28th to 29th this year, 36Kr held the annual heavyweight business conference - WISE2024 Business King. Along with the preparation of this conference, 36Kr Finance launched the 2024 ESG Company Selection. From the ten industries of fashion, logistics, consumer electronics, retail, finance, medical health, cultural tourism, e-commerce, food and beverage, and energy, based on the ESG practices and key cases of the past year, one company with outstanding ESG performance is selected from each industry.
Recently, the selection results were announced, and the 10 companies selected for the "WISE Business King · 2024 ESG Company Selection" are Bosideng, Cainiao, Ecovacs, Mixue Bingcheng, Ant Group, Ping An Health, Tongcheng Travel, Vipshop, Zhenjiu Lidu, and Chint Aneng.
Judging from the specific cases of the selected companies, unlike in previous years when some companies' investment in the ESG level mostly focused on brand promotion, in recent years, The focus of more companies has shifted to innovative models that effectively improve environmental protection and social development.
For example, Chint Aneng, a company selected for the "WISE Business King · 2024 ESG Company Selection", adopts the "Whole Village Development" model when promoting distributed photovoltaic power generation projects, breaking through obstacles such as insufficient open capacity in the relevant village and town power distribution areas, difficulties in consumption and grid connection, or power generation restrictions due to imbalanced supply and demand, and achieving centralized confluence and grid connection of the household photovoltaic whole village development project.
According to the information of Chint Aneng, after the relevant projects are completed, more than 4.5 million kWh of green electricity will be generated annually, 40,700 tons of standard coal can be saved within 25 years, and about 112,700 tons of carbon dioxide emissions can be reduced. In addition, each villager who installs photovoltaic panels will enjoy a rental income of more than a thousand yuan.
In the medical and health industry, another selected company this year, Ping An Health, continues to innovate at the corporate governance level. For example, its "Easy Enterprise Health" employee health management solution launched for enterprise customers has established two product service systems: "Physical Examination +" and "Health Management +". It provides exclusive health care doctors for enterprise employees before, during, and after the physical examination, and can provide butler-style active health management services for employees and their families, thereby helping employees comprehensively improve their health status. As of the end of June 2024, Ping An Health has helped a total of 1,748 enterprises build a happy and healthy workplace.
This shows that its investment in ESG is not a simple cost superposition and additional investment in manpower and financial resources, but the integration of the ESG concept into business processes, operation management, and product services to create endogenous growth momentum for the long-term sustainable development of the enterprise.
Another example is the down jacket brand Bosideng, which is striving to permeate the sustainable concept into every link of the upstream and downstream of the supply chain. Including at the source, 100% of the down purchased from around the world has passed the international RDS certification to prevent animals from being abused in the supply chain; in terms of fabrics, it continues to research and develop and promote the use of new environmentally friendly fabrics, which can effectively reduce the carbon footprint, while being waterproof, windproof, and prolonging the product life; in the exhaust gas treatment link, the 100% bio-based single nylon fabric used can be recycled.
Through the above company cases, we can get a glimpse of the effectiveness of ESG governance in the past year. In addition, in many industries such as logistics, retail, and finance, more research and development and innovation are still being promoted, generated, and implemented, jointly improving the prospects of the environment, society, and corporate governance. And companies that have performed outstandingly in this process often have more potential to move steadily and create long-term value.
The following is the list of companies selected for the "WISE Business King · 2024 ESG Company Selection" as evaluated by 36Kr Finance:
WISE Business King · 2024 ESG Company Selection
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