YICAI｜Improved ESG Disclosure System Leads to a Notable Increase in MSCI ESG Ratings of SSE-listed Companies

Translated from Yicai

According to recent data, several SSE-listed companies have recorded a notable increase in their MSCI ESG Ratings.

As of December 25, 2024, 343 SSE-listed companies have been included in the MSCI ESG Ratings, accounting for 15% of all SSE-listed companies. 96% of the STAR 50 Index constituents and 95% of the SSE 180 Index constituents are subject to mandatory disclosure.

Regarding the distribution of ratings, 52 SSE-listed companies are rated between A and AAA. Among them, 8 companies have been awarded the AAA rating, including 4 banks (China Construction Bank Corporation, China Merchants Bank Co., Ltd., Industrial Bank Co., Ltd., and China Minsheng Banking Corp., Ltd.) and 2 securities companies (Guotai Junan Securities Co., Ltd. and Huatai Securities Co., Ltd.).

Regarding changes in ratings, nearly 90% of rated companies have their ratings raised or unchanged. Notably, the rating of Guotai Junan Securities Co., Ltd. has been up by three levels, while 9 companies, including China Pacific Insurance (Group) Co., Ltd. and Joincare Pharmaceutical Group Industry Co., Ltd., have their ratings raised by two levels.

The above information is provided for reference purposes only and does not constitute investment advice.