Month: June 2025

The continuous improvement of Shanghai Electric’s brand value is due to a resilient long-term development structure with a strong focus on ESG management.

SHANGHAI, June 30, 2025 /PRNewswire/ — Shanghai Electric (SEHK: 2727, SSE: 601727) ranked among the top 50 in World Brand Lab’s China’s 500 Most Valuable Brands for the 10th consecutive year, with a record brand value of 228.565 billion yuan ($31.8 billion). The ranking is based on financial performance, brand strength, and market competitiveness. The Company’s growth highlights its role in high-end manufacturing, green energy, and global low-carbon development.

Driving Global Energy Transition through Innovation: A Dual Approach of Hard Technology and System Solution

At the intersection of the energy revolution and intelligent manufacturing, Shanghai Electric’s “hard technology plus system solution” model has driven key innovations to lead the sustainable development of the industry. Green methanol redefines the carbon-neutral fuel supply chain, floating offshore wind power taps deep-sea renewable energy, heavy-duty gas turbines overcome efficiency bottlenecks, and intelligent robots empower the “nerve center” of smart manufacturing. Shanghai Electric is reshaping global energy and industrial logic, injecting momentum into high-quality development.

Additionally, Shanghai Electric has actively participated and shared innovations at major international events such as Hannover MESSE, Intersolar Europe, the World Energy Congress, and the China International Industry Fair. Through the sharing of innovative technologies and global collaboration, Shanghai Electric is committed to advancing carbon reduction goals and contributing to sustainable development worldwide.

Embracing Global Responsibility: Shanghai Electric Leverages Technology and Actions for Sustainable Development

While driving the global energy transition, Shanghai Electric has also dedicated itself to boosting agricultural development through rural revitalization and a strong sense of social responsibility. The Company has integrated consumer assistance with industrial resources to diversify sales channels for agricultural products, injecting vitality into rural economic growth. Additionally, Shanghai Electric has brought advanced technologies to rural areas through university-enterprise collaboration, empowering industrial upgrades and laying a solid foundation for sustainable development in rural areas.

In 2024, Shanghai Electric showed how technology empowers international cooperation and helped to advance global energy transformation with two landmark projects, namely, Uzbekistan’s first digital substation in Zafarabad, enhancing eastern power stability and boosting China–Uzbekistan cooperation, and Croatia’s 156MW Senj Wind Farm, the largest in the Balkans, generating 530 million kWh annually and cutting 400,000 tons of carbon. Both projects highlight China’s green tech exports and regional economic impact.

Moreover, Shanghai Electric’s Thar Project team in Pakistan visited nearby villages during Eid al-Adha and Eid al-Fitr in recent years, donating gifts to over 200 children and essential supplies to 1,500 families. Reflecting its ESG commitment, the project has invested $2 million to support livelihoods and promote local employment. The team also reopened the renovated Marvi Stadium, originally built in 2008, with a $200,000 investment. The upgraded stadium enriches community recreation and celebrates Pakistan’s cricket culture.

Shanghai Electric, a global leader in energy equipment and intelligent manufacturing, integrates ESG strategy into its core development. Through innovation, social responsibility, and global collaboration, it promotes a sustainable, mutually beneficial ecosystem. The Company plans to further strengthen brand resilience and support building a more sustainable society in the years ahead.

For more information on Shanghai Electric’s ongoing development, please visit
https://www.shanghai-electric.com/listed_en/upload/resources/file/2025/05/19//111560.pdf.

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SOURCE Shanghai Electric

LOS ANGELES, June 30, 2025 /PRNewswire/ — Corn Next, the California-based biobased material innovator, proudly announces two major milestones: the company has secured its first round of equity investment and officially selected Los Angeles as the site for its U.S. Integrated Demonstration Unit (IDU).

This initial funding marks a significant step forward in Corn Next’s mission to replace harmful single-use plastics with its proprietary, fully biodegradable material, Corn Next-17. The investment will support early-stage production, strategic hiring, and expansion of research partnerships.

“We are thrilled to have the support of forward-thinking investors who recognize both the environmental urgency and market potential of our technology,” said Randy Zhang, Founder and CEO of Corn Next. “This validation empowers us to accelerate our impact.”

Simultaneously, Corn Next has chosen Los Angeles as the home for its U.S.-based IDU, following extensive evaluation of locations across the country. The IDU will serve as a pilot manufacturing hub, testing facility, and collaboration space for future commercial scale-up.

“Our decision to anchor the IDU in Los Angeles reflects our commitment to innovation, sustainability, and proximity to global partners,” Zhang added. “This city offers the infrastructure and talent we need to bring our vision to life.”

Corn Next is best known for Corn Next-17, a starch-based material that naturally degrades within weeks without leaving behind microplastics or toxic residues. With the IDU in place, the company aims to demonstrate scalable production and attract additional partnerships in North America and beyond.

For more information, visit www.cornnext.com.

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SOURCE YMYH Inc. DBA Corn Next

LOS ANGELES, June 30, 2025 /PRNewswire/ — Corn Next, the California-based biobased material innovator, proudly announces two major milestones: the company has secured its first round of equity investment and officially selected Los Angeles as the site for its U.S. Integrated Demonstration Unit (IDU).

This initial funding marks a significant step forward in Corn Next’s mission to replace harmful single-use plastics with its proprietary, fully biodegradable material, Corn Next-17. The investment will support early-stage production, strategic hiring, and expansion of research partnerships.

“We are thrilled to have the support of forward-thinking investors who recognize both the environmental urgency and market potential of our technology,” said Randy Zhang, Founder and CEO of Corn Next. “This validation empowers us to accelerate our impact.”

Simultaneously, Corn Next has chosen Los Angeles as the home for its U.S.-based IDU, following extensive evaluation of locations across the country. The IDU will serve as a pilot manufacturing hub, testing facility, and collaboration space for future commercial scale-up.

“Our decision to anchor the IDU in Los Angeles reflects our commitment to innovation, sustainability, and proximity to global partners,” Zhang added. “This city offers the infrastructure and talent we need to bring our vision to life.”

Corn Next is best known for Corn Next-17, a starch-based material that naturally degrades within weeks without leaving behind microplastics or toxic residues. With the IDU in place, the company aims to demonstrate scalable production and attract additional partnerships in North America and beyond.

For more information, visit www.cornnext.com.

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SOURCE YMYH Inc. DBA Corn Next

• A key milestone on the journey to achieving net zero carbon emissions by 2050
• Absolute Scope 1 emissions reduced by almost a quarter (23%), and total Scope 1+2 emissions reduced by 10% since 2022 baseline
• Total energy use has decreased 13% year on year in FY25
• Renewable sources now account for 22% of global electricity consumption

LONDON, June 30, 2025 /PRNewswire/ — Logicalis, the leading global technology service provider, today announces it has achieved its 2025 target for carbon neutrality in Scope 1 and 2 emissions – marking a significant milestone in the company’s journey to reach its SBTi-validated goals. This includes a 50% reduction in Scope 1 and 2 emissions by 2030 and achieving net zero carbon emissions by 2050.

This achievement is the result of a series of strategic initiatives, including:

• Transitioning to majority renewable energy across six operations including Spain, Germany, UK & Ireland, Portugal and Australia
• Developing and implementing carbon and energy reduction plans by country of operation
• Offsetting residual emissions through the purchase of reputable and verified carbon credits

On its journey to net zero carbon emissions by 2050, Logicalis aims to power 100% of global operations with renewable electricity and reduce absolute Scope 1 and 2 emissions by 50% by 2030. In the past year alone, the organisation has achieved a 16% reduction in and a 5% decrease in Scope 1 and 2 emissions. Currently, 22% of its global electricity usage is sourced from renewable energy.

Commenting on the milestone, Bob Bailkoski, Logicalis CEO, said: “At Logicalis, we believe that sustainability must be embedded in everything we do – from how we operate as a business to the solutions we deliver for our customers. Achieving carbon neutrality is a significant milestone and a testament to the dedication of our teams around the world. While there’s still much work ahead on our journey to net zero, this accomplishment reinforces our commitment to leading by example and driving positive change across the technology industry.”

To ensure transparency and accountability, Logicalis launched its Responsible Business Report in 2024, outlining its sustainability commitments and tracking progress toward environmental goals.

Nick Zinzan, Interim Head of Responsible Business for Logicalis, adds: “Reaching carbon neutrality is a proud moment for Logicalis, but it’s just one step of a much bigger journey. We know that real progress demands continuous action, transparency and accountability, which is why we launched our Responsible Business Report and had our commitments validated and approved by SBTi.  Balancing emissions reduction with business growth and the increasing use of carbon-intensive technologies is a challenge, but it’s one we fully embrace. Through continued collaboration with our teams, partners, and customers, we’re committed to building a more sustainable future.”

About Logicalis 

We are Architects of Change^™. We help organisations succeed in a digital-first world. At Logicalis, we harness our collective technology expertise to help our clients build a blueprint for success, so they can deliver sustainable outcomes that matter.

Our lifecycle services across cloud, connectivity, collaboration and security are designed to help optimise operations, reduce risk and empower employees.

As a global technology service provider, we deliver next-generation digital managed services, to provide our clients with real-time visibility and actionable insights across the performance of their digital ecosystem including availability, user experience, security, economic performance and sustainability.

Our 7000+ ‘Architects of Change’ are based in 30 territories around the globe, helping our 10,000+ clients across a range of industry sectors create sustainable outcomes through technology.

Logicalis has annualised revenues of $1.63 billion, from operations in Europe, North America, Latin America, Asia Pacific, and Africa. It is a division of Datatec Limited, listed on the Johannesburg Stock Exchange, with revenues of over $3.6 billion.

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SOURCE Logicalis

SHANGHAI, June 30, 2025 /PRNewswire/ — ATRenew Inc. (“ATRenew” or the “Company”) (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today released its 2024 Environmental, Social and Governance (ESG) Report. The report highlights ATRenew’s progress and achievements in green recycling, low-carbon transition, corporate governance, and technological innovation, demonstrating the Company’s continued commitment to China’s “Dual Carbon” goals and alignment with global ESG best practices.

Green Recycling, Building a Beautiful Earth Together

ATRenew integrates its mission to “give a second life to all idle goods” into every aspect of its environmental practices. In 2024, the Company made significant strides in advancing the circular economy and contributing to climate change mitigation:

• Achieved notable results in resource recycling and pollution prevention. The Company facilitated the sale of over 35.3 million pre-owned products throughout the year, significantly extending product lifecycles and reducing resource consumption. Additionally, 137,000 units of e-waste products were disposed of in an eco-friendly manner, reducing e-waste pollution by 21.92 tons. Within its office spaces, the installation of intelligent recycling machines enabled the collection of 82,843 kilograms of recyclables.
• Improved environmental management system and set clear climate action targets. The Group renewed its ISO 14001 environmental management system certification, reinforcing the foundation for sustainable operations. ATRenew also established ambitious emissions reduction goals – aiming to cut Scope 1 & 2 emission intensity by 35% and Scope 3 emission intensity by 50% by 2030, using 2024 as the baseline. In addition, it developed a climate risk management framework aligned with the Task Force on Climate-related Financial Disclosures (TCFD) and actively contributed to drafting two national standards for the second-hand electronics industry, supporting industry standardization and the broader low-carbon transition.

People-Centered, Illuminating the Path of Harmonious Development

ATRenew considers its employees as its most valuable asset and remains deeply committed to fulfilling its corporate social responsibilities. By actively engaging with various sectors of society, it strives to create a more inclusive and sustainable future. In 2024, the Company delivered meaningful social impact across several key areas:

• Ongoing enhancement of employee well-being and diverse growth opportunities. In 2024, the “Listener” Program achieved a 96% problem resolution rate, effectively safeguarding employees’ rights to information and participation. Overall employee satisfaction rose from 4.64 out of 5 in 2023 to 4.71 out of 5 in 2024, reflecting a more positive and supportive workplace culture. In 2024, the proportion of female senior managers increased from 28.13% to 33.33%, underscoring progress in gender diversity. Additionally, the gender wage median difference index stood at 1.69% in 2024, highlighting the Company’s ongoing commitment to gender equality.
• Continued engagement in public welfare programs. ATRenew remained deeply engaged in public welfare initiatives in 2024, with a continued focus on rural education. Through its flagship program, “AHS Charity and Love – Digital Education Aid Program for Rural Children,” the Company supported 68 schools, delivered 3,132 classes, and benefited 12,970 rural students, helping to bridge the digital divide and illuminate the future of rural education through technology.

Steady Progress, Building a Sustainable Governance Framework

ATRenew is committed to embedding sustainable development principles into its corporate governance framework, aiming to establish a transparent, efficient, and accountable modern governance structure. In 2024, the Company made significant strides in this area, marked by the following achievements:

• Improved governance structure and strengthened risk management capabilities. ATRenew maintains a three-tier ESG governance framework, comprising the Board of Directors, the ESG Management Committee (ESGC), and the ESG Working Group, ensuring that ESG principles are fully embedded in both strategic planning and day-to-day operations. Over the year, the Risk Management Committee convened seven times, effectively identifying and resolving 24 risk issues. In the area of internal control and compliance, the Company achieved a 100% rectification rate for SOX internal control deficiencies, reflecting the Company’s strong commitment to management rigor and accountability. Additionally, 293 integrity training sessions were conducted, reaching 5,488 employees and further reinforcing a culture of integrity and self-discipline across the organization.
• Outstanding ESG performance, earning industry acclaim. ATRenew’s ESG performance continued to earn recognition from leading global institutions. Its S&P Corporate and Sustainability Assessment (CSA) score improved to 35, placing it among the top 7% of companies globally within the industry. Additionally, the Company’s circular economy practices were featured in the 20 Case Examples for 20 Years: Private Sector’s Sustainable Development in China of the United Nations Global Compact (UNGC), making it the only selected case from China’s pre-owned consumer electronics industry.

Empowering with Technology, Driving Innovation in the Circular Economy Business Model

Technology and innovation remain the core engines of ATRenew’s high-quality development and long-term competitiveness, driving continuous breakthroughs in circular economy practices and the evolution of its business model:

• Increased R&D investment, leading to industry innovation. In 2024, the Company actively explored large-scale AI models and multi-modal frameworks, developed intelligent terminal devices, and advanced the construction of a smart quality assurance system. These efforts accelerated the second-hand electronics industry’s shift from traditional manual inspection to intelligent, automated evaluation, streamlining processes and ensuring more consistent results.
• Intelligent upgrade of the quality inspection system, enhancing efficiency and accuracy. The Company launched Standard Quality Inspection 2.0 which optimized the grading system and significantly improved the transparency and consistency of product evaluations. By accelerating the adoption of AI-driven quality inspection systems and upgrading automated detection equipment, ATRenew strengthened its operational performance and reinforced its leadership in the industry’s shift toward intelligent transformation.
• Pioneered best practices for trade-in programs while continually enhancing product and service accessibility. Amid national efforts to promote trade-ins and stimulate consumption, the Company, in strategic partnership with JD.com, established best-in-class practices for consumer electronic product trade-ins, fully committed to providing users with more convenient and affordable consumption experiences. By the end of 2024, ATRenew had 1,861 offline stores covering 283 cities nationwide. Of these, 62% are next-generation user touchpoints with larger spaces and enhanced multi-category recycling capabilities, significantly enhancing product and service accessibility.

“The road is long and challenging, but through perseverance, we will reach our destination,” said Kerry Xuefeng Chen, Founder and CEO of ATRenew. “In 2025, we will closely align with the national ‘New Quality Productive Forces’ strategy leveraging technology to advance resource recycling, transforming every idle product into a green link in low-carbon living. Together with our partners, we are committed to building a sustainable future where all resources are fully utilized.”

To view the report in full, please visit ir.atrenew.com for ATRenew’s 2024 ESG report.

About ATRenew Inc.

Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew’s open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China’s pre-owned consumer electronics industry. ATRenew is a participant in the United Nations Global Compact, and adheres to its principles-based approach to responsible business.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Among other things, quotations in this announcement contain forward-looking statements. ATRenew may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ATRenew’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: ATRenew’s strategies; ATRenew’s future business development, financial condition and results of operations; ATRenew’s ability to maintain its relationship with major strategic investors; its ability to facilitate pre-owned consumer electronics transactions and provide relevant services; its ability to maintain and enhance the recognition and reputation of its brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in ATRenew’s filings with the SEC. All information provided in this press release is as of the date of this press release, and ATRenew does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

In China:
ATRenew Inc.
Investor Relations
Email: ir@atrenew.com 

In the United States:
ICR LLC.
Email: atrenew@icrinc.com
Tel: +1-212-537-0461

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SOURCE ATRenew Inc.

• Key highlights include SBTi validation of carbon emission reduction targets and recognition in S&P Global’s 2025 Sustainability Yearbook
• Eighth consecutive sustainability report, fourth report published in both Korean and English

SEOUL, South Korea, June 30, 2025 /PRNewswire/ — Hanon Systems (KS:018880), a leading global automotive thermal management supplier and subsidiary of Hankook & Company Group, is pleased to announce the release of its eighth annual sustainability report, published in both Korean and English for the fourth consecutive year.

The 2024 report highlights continued progress in environmental, social, and governance (ESG) performance, including the formal approval of the company’s near-term 2030 greenhouse gas (GHG) reduction goals and 2050 net-zero target by the Science Based Targets initiative (SBTi), along with its second consecutive inclusion in the S&P Global Sustainability Yearbook.

As part of its long-term climate change strategy, Hanon Systems aims to reduce absolute Scope 1 and Scope 2 emissions by 50% and Scope 3 emissions from purchased good and services by 55% per ton of purchased raw material by 2030, compared to the 2019 baseline. By 2040, the company aims to achieve carbon neutrality by reducing absolute Scope 1, Scope 2, and Scope 3 emissions by 90%.  And by 2050, Hanon Systems commits to reach net-zero for all greenhouse gas emissions across the value chain.

“We are dedicated to building a sustainable future, driven by continuous technological innovation and a strong commitment to creating value for our customers and shareholders,” said Soo Il Lee, Vice Chairman and CEO of Hanon Systems. “We remain committed to advancing ESG initiatives, developing talent, and strengthening global collaboration to reinforce our position as a leading company in future mobility.”

Since 2022, the company’s ESG Committee has been responsible for establishing, managing and overseeing environmental, social and governance matters. The committee approves ESG strategies and implementation plans, and defines mid- to long-term targets.

View the report on the company’s website here.

https://www.hanonsystems.com/En/Investors/AnnualReport 

About Hanon Systems

Hanon Systems, founded in 1986, is a global leader in thermal management solutions. In January 2025, it became a subsidiary of Hankook & Company Group. Its offering includes a wide range of solutions in the areas of heating, ventilation and air conditioning (HVAC), powertrain cooling, compressor, fluid transport, and electronics and fluid pressure. The company currently operates 50 manufacturing sites and three regional innovation centers and employs more than 20,000 people across 21 countries. To learn more, visit hanonsystems.com.

Follow Hanon Systems:
LinkedIn: https://www.linkedin.com/company/hanonsystems
YouTube: https://www.youtube.com/channel/UC6bSZ7NMg7LPhXDyTOMwebQ/feed

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SOURCE Hanon Systems

STOCKHOLM, June 30, 2025 /PRNewswire/ — Skanska invests CZK 1.6 billion, about SEK 700M, in the new single-phase residential project in Prague’s Radlice district, Czech Republic. The construction contract is worth CZK 1.0 billion, about SEK 460M, which will be included in the order bookings for Europe for the second quarter of 2025.

The project D.O.K. Radlice will feature 177 low-energy apartments, in three residential buildings, one of which will become the largest residential building made of wood in the Czech Republic. The project will be built near natural monuments and green parks and will create a quiet courtyard and playground.

The concept of low impact living focuses on energy efficiency, blue-green infrastructure and significantly lower carbon footprint. According to a preliminary analysis, the use of wood in one of the buildings will replace approximately half of the required volume of concrete and provide up to a third less CO2 load compared to conventional projects. The buildings aspire to reach a high rating in the international BREEAM sustainability certification.

Construction of this project will start in the end of Jun 2025 with expected completion of 2027.

For further information please contact:

Jan Pohorský, Communications Team Leader, Skanska Residential Development Europe, tel +420 704 876 916
Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 94
Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-invests-czk-1-6-billion–about-sek-700m–in-a-new-residential-project-in-prague–czech-repub,c4170579

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SOURCE Skanska

Chen Qiyu and Xu Xiaoliang, Executive Directors and Co-CEOs of Fosun International win Asia’s Best CEO from Corporate Governance Asia

Fosun International receives Sustainable Asia Award 2025, Best Environmental Responsibility Award and Best Corporate Communications Award

HONG KONG, June 30, 2025 /PRNewswire/ — On 30 June 2025, Corporate Governance Asia presented the 15th Asian Excellence Award. Chen Qiyu and Xu Xiaoliang, Executive Directors and Co-CEOs of Fosun International Limited (“Fosun International”, “Fosun” or the “Group”) (HKEX stock code: 00656) were both honored Asia’s Best CEO. In addition, Fosun International was awarded Sustainable Asia Award 2025, Best Environmental Responsibility Award and Best Corporate Communications Award.

Corporate Governance Asia is one of the most authoritative and influential corporate governance journals in the Asia Pacific region. The award recognizes outstanding industry leaders and enterprises that excelled in financial performance, corporate governance, corporate social responsibility, environmental protection, corporate communication and investor relations over the past year. Other award recipients of the 15th Asian Excellence Award include well-known Asia Pacific companies such as Sino Land, Sun Hung Kai Properties, Bank of China (Hong Kong), China Mobile, China Telecom, China Unicom, China Communications Services, China Resources, and PetroChina, etc.

Recognizing Excellence in Business Performance and ESG Practices

According to Corporate Governance Asia, in 2024, in the face of the complex and volatile external environment, Fosun maintained its strategic focus on core businesses, achieved steady development, enhanced the operational capabilities of its key industries, and demonstrated strong operational resilience. Amid the complex external business environment, Mr. Chen Qiyu and Mr. Xu Xiaoliang, as the CEOs of a global large-scale private enterprise, have not only led the Group to grow its business operations, but also strengthened the management of sustainable development, proactively fulfilled corporate social responsibility, improved the Group’s Environmental, Social, and Governance (ESG) performance, and leveraged the resources and advantages of Fosun’s global industrial ecosystem to continuously create a better world. In recognition of these efforts, they were awarded the Asia’s Best CEO accolade.

Chen Qiyu, Executive Director and Co-CEO of Fosun International, said, “We are deeply honored to receive several prestigious awards from Corporate Governance Asia, including Asia’s Best CEO and the Sustainable Asia Award. These accolades recognize not only individual achievements but also reflect the collective efforts of the entire Fosun team. To advance Fosun’s sustainable development, we have established a top-down and long-term ESG improvement mechanism and has included ESG management performance as an evaluation factor in the Executive Directors’ performance assessment. The ESG management performance appraisal mechanism is also extended to the CEOs of the Group and the personnel in charge of each business group. Fosun International is also committed to fostering innovation. We actively drive green innovation across biopharmaceutical R&D, consumer industries, intelligent manufacturing, and green building, with the aim of building a sustainable industrial ecosystem. Looking ahead, guided by our mission of ‘Contribution to Society’, we will continue to strengthen our ESG system, and promote green and sustainable development through technology innovation and global resources, thereby creating greater value for society.”

Xu Xiaoliang, Executive Director and Co-CEO of Fosun International, said, “Globalization is the core of Fosun’s development. Fosun has consistently leveraged global resources and combined global growth momentum with global resources, delivering more high-quality products and services to families around the world. With an increasingly sophisticated global business presence, Fosun operated responsibly across more than 35 countries and regions, actively contributing to public welfare and creating sustainable value worldwide. As a global company rooted in China, Fosun began integrating ESG principles at an early stage, reflecting values deeply embedded in the Group’s DNA and corporate culture. Since its founding, Fosun has upheld its original aspiration of ‘Contribution to Society’, striving not only to create commercial value but also to generate broader social impact. Looking ahead, Fosun will actively respond to national strategies, implement ‘dual carbon’ goals, promote rural revitalization, expand impact across global communities in areas such as healthcare, educational equity, community construction, culture and art. The ultimate goal is to help more families enjoy healthier, happier, and wealthier lives.”

Advancing Global Sustainable Development with Outstanding ESG Performance

Corporate Governance Asia highlighted Fosun’s unwavering commitment to advancing global ESG efforts. The Group has consistently strengthened its ESG framework, deepened its involvement in ESG initiatives, enhanced its climate resilience, and accelerated green development. Corporate Governance Asia highly commended Fosun’s efforts in advancing ESG, noting that its initiatives not only inspire the industry but also reinforce Asia’s vital role in the global journey toward carbon neutrality. The publication recognized Fosun’s commitment to addressing social and environmental challenges as a benchmark for industry best practices. As a result, Fosun was honored with the Sustainable Asia Award 2025, Best Environmental Responsibility Award and Best Corporate Communications Award. These accolades not only affirm Fosun’s outstanding performance in promoting global sustainable development and fulfilling corporate social responsibility, but also highlight its steadfast dedication to ESG knowledge sharing and climate advocacy.

As a responsible global citizen, Fosun officially joined the United Nations Global Compact (“UN Global Compact”) in 2014. It fully supports the ten principles of the UN Global Compact on human rights, labor, environment and anti-corruption, and has deeply integrated these principles into its “Create IMPACT” sustainable development strategy and code of conduct. Over the past year, despite the global environmental, social and economic uncertainties, Fosun remained committed to sustainable development, diligently upholding its long-term commitments in key areas of sustainable development, and achieving good results. Fosun International maintained an MSCI ESG rating of AA, achieved an HSI ESG rating of AA-, ranked in the top 5% among global peers in latest S&P Global’s Corporate Sustainability Assessment (CSA), was included in S&P Global’s Sustainability Yearbook 2025, and was selected as the top 1% in S&P Global’s Sustainability Yearbook 2025 (China Edition).

Actively Responding to Climate Change and Promoting Low-carbon Transformation

Fosun actively responds to the national “dual carbon” goals by promoting carbon neutrality and energy conservation and emission reduction. In 2021, Fosun made a commitment to society – “strive to peak carbon emissions by 2028 and achieve carbon neutrality by 2050”. Fosun has formulated strategies for climate change mitigation and adaptation to align with the 1.5°C temperature control target set in the Paris Agreement. As 2024 marked the final year before Hong Kong Stock Exchange’s New Climate Requirements came into effect, Fosun International proactively aligned with international standards such as the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and the International Financial Reporting Standards (IFRS) S2 Climate-related Disclosures Requirements, and released its third Climate Information Disclosures Report, enhancing the transparency of its climate actions and demonstrating its commitment to ongoing efforts in this area.

The Group also actively encourages its member companies to carry out climate actions. The Bund Finance Center (BFC), the Group’s base in Shanghai and a landmark in Shanghai, maintained its LEED Platinum certification, a global green building benchmark, and was included in Shanghai’s first batch of carbon peaking and carbon neutrality pilot demonstration projects in 2024.

In 2024, Fidelidade participated in the 29th session of the Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change for the second consecutive year to discuss climate change response strategies and corporate responsibilities with industry peers. During the COP29, Fidelidade launched the Impact Center for Climate Change (ICCC), a platform for the study, research and sharing of knowledge with society. The ICCC promotes knowledge production in the field of climate risks and helps the insurance industry enhance its capacity to address climate change.

Leveraging Innovation to Actively Contribute to Society

Fosun adheres to the innovation-driven strategy, and the anticancer and antimalarial drugs developed by its health segment have widely benefited cancer patients and severe malaria patients. Henlius’ innovative drug, HANSIZHUANG (serplulimab injection), an anti-PD-1 monoclonal antibody, was approved for marketing in the European Union in early 2025. This milestone makes it the first and only PD-1 innovative drug approved for the first-line treatment of extensive-stage small cell lung cancer (ES-SCLC) in the European Union. As of the end of 2024, Fosun Pharma’s independently developed artesunate for injection had saved more than 80 million severe malaria patients worldwide, with more than 400 million doses supplied globally. In the Chinese mainland, Fosun Kairos’ first CAR-T cell therapy product, Yi Kai Da (ejilunsai injection), had benefited over 800 lymphoma patients as of the end of 2024.

In order to better promote the fulfilment and implementation of corporate social responsibility, Fosun Foundation was established in 2012. It has been making unremitting efforts in the fields of global emergency relief, rural revitalization, health, education, culture and art, youth development, etc. to create social value. Among these initiatives, the Rural Doctors Program has supported 25,000 rural doctors and benefited 3 million rural families since its launch in 2017.

Looking ahead, Fosun remains dedicated to advancing its social responsibility through innovation and responsible global operations. Guided by its “Create IMPACT” sustainable development strategy, Fosun will intensify its efforts to build a more responsible, inclusive and sustainable future.

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SOURCE Fosun