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No.1 in ESG score ranking: Kingdee included in the S&P global sustainability yearbook for the second consecutive year
Original Kingdee July 17, 2024 19:02 Guangdong
On July 16, S&P Global released the Sustainability Yearbook (China Edition) 2024 (the “Yearbook”). Kingdee has been included in the Yearbook for two consecutive years and awarded the top ESG Score ranking in the Chinese software industry.
ESG stands for environmental, social, and governance. It is a framework thatevalsuates the sustainability of a company’s operations and its ethical impact in the three aspects. Since 2008, S&P Global has been publishing the Sustainability Yearbook annually to recognize companies with the best ESG scores in the S&P Global Corporate Sustainability Assessment (CSA). The Yearbook has garnered significant attention from global enterprises and stakeholders.
For over two decades, the CSA results have been used to select components for the iconic Dow Jones Sustainability Indices (DJSI). The scores are also utilized in many other S&P Dow Jones Indices, including the renowned S&P 500 ESG Index.
Kingdee’s inclusion in the Sustainability Yearbook for two consecutive years, along with its top ESG Score ranking in China’s software industry, stands as strong evidence of its exceptional achievements in environmental protection, social responsibility, and corporate governance. Moreover, Kingdee’s inclusion in the S&P Global LargeMidCap ESG Index serves as a further testament to the company’s serious attitude toward sustainability and its exceptional performance in the global capital market.
In terms of environmental sustainability, Kingdee has integrated the concept of green development into its enterprise management cloud services. Our solutions have empowered numerous enterprises, including Tongwei Co. Ltd., Shanxi Coking Coal Group Co., Ltd., Shandong Heavy Industry Group Co. Ltd., Guangdong Energy Group Co. Ltd., Jiangxi Copper Corporation Limited, and Yongjin Corporation, to elevate their operational efficiency, cut energy consumption and carbon emissions, and contribute to sustainable development goals. Kingdee is committed to promoting green office practices, focusing on energy, water, and waste management to minimize its environmental footprint. We incorporate green building concepts into the construction of our new office building named Kingdee Cloud Building. Employing various advanced technologies to minimize energy consumption and cut emissions, the building has earned the LEED Platinum Pre-certification and the China Green Building Three Star Certification.
In terms of social responsibility, Kingdee’s mission is to empower every enterprise to achieve phenomenal success. We combine digital technology with management wisdom to enable every enterprise and individual around the world to achieve their extraordinary goals. We empower our employees to be value creators, striving to foster an equitable, inclusive, collaborative, harmonious, healthy, and diverse work environment where every dedicated individual can fully unleash their potential and passion, achieving both personal growth and material well-being. Kingdee also participates in and initiates social impact programs such as the Chinese Management Model Research, aiming to continuously improve enterprise management standards in China.
In terms of corporate governance, our Board of Directors upholds an efficient and transparent governance model, and places great importance on business ethics and integrity. We strengthen our risk management system to ensure compliance and robustness of our business operations, effectively preventing and controlling various risks.
Xu Shaochun, CEO and Chairman of the Board of Directors of Kingdee, stated that “Kingdee’s inclusion in the Sustainability Yearbook (China Edition) for two consecutive years, along with its top ESG Score ranking in the Chinese software industry, represents a strong recognition of our ESG efforts. In the future, we will further improve our ESG performance to drive sustainable development and set an example for the industry. “
Looking ahead, Kingdee will remain committed to sustainable development, continuously enhance its ESG practices, and jointly build a sustainable future with all stakeholders.