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HONG KONG–(BUSINESS WIRE)–Morgan Stanley Capital International (MSCI), an authoritative international indexing organization, has published its latest annual Environmental, Social and Governance (ESG) Ratings. Announced. MSCI ESG Ratings Guotai Junan International Holding Co., Ltd. (“Guotai Junnan International”, “Company” or “GTJAI”, stock code: 1788.HK) The company was upgraded to “BBB”, the highest rating by Hong Kong securities companies, and its excellent ESG management performance was highly evaluated. MSCI said improving its responsible investment practices and strengthening its ethics policy were the main drivers for the upgrade.
In the evaluation of GTJAI’s comprehensive strength, MSCI said the company leads its global peers in its corporate governance and business ethics framework. GTJAI’s fully independent Audit Committee assists in oversight of financial and risk management. Meanwhile, the company has disclosed its anti-corruption policy and whistleblowing mechanism. In addition, GTJAI has expanded its involvement in underwriting green/sustainable bonds worth USD 10.9 billion as of 2021.
The ESG performance of listed companies around the world is increasingly recognized by financial regulators and international investors. Higher ESG ratings reflect stronger management and corporate governance. As ESG-oriented investments become an important investment strategy in global financial markets, ESG ratings have become an important basis for measuring the value of investments in listed companies in international markets. This upgrade is a sign that the achievements of GTJAl’s ESG management have been highly evaluated and fully recognized by international organizations and international capital markets.
GTJAI adheres to the tenets of “Finance for Good” and “Finance for the People” and believes that sustainability is one of the most important foundations for long-term development. increase. In the future, GTJAI will continue to strengthen the implementation of the company’s sustainable development strategy and increase investment in environmental protection (including climate change impacts), corporate governance, employee care and social contribution. Through a wide range of green financial services and products, GTJAI advances low carbon development for customers and society.
Guotai Junnan International (“GTJAI”, stock code: 1788.HK) It is a market leader in the internationalization of Chinese securities companies and also the first Chinese securities broker to be listed on the main board of the Hong Kong Stock Exchange through an initial public offering. It is also included in the FTSE4Good Index of the London Stock Exchange. Based in Hong Kong, GTJAI offers a wide range of integrated financial services. The core business includes seven categories: Brokerage, Corporate Finance, Asset Management, Loans and Finance, Financial Products, Market Making and Investment, Personal Finance (Wealth Management), Institutional Finance (Institutional Investor Services and Corporate Financial Services). ) and investment management. GTJAI has been assigned a long-term issuer credit rating of ‘Baa2’ and ‘BBB+’ by Moody and Standard & Poor, respectively. The controlling shareholder is Guotai Junan Securities Co., Ltd. (Stock code: 601211.SH; 2611.HK)is a comprehensive financial provider with a long-term, sustainable and overall leading position in China’s securities industry. For more information on GTJAI, please visit: https://www.gtjai.com
View source version at businesswire.com: https://www.businesswire.com/news/home/20221125005099/en/
Jason Yang, CFA
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Source: Guotai Junnan International Holding Co., Ltd.