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Yili gets A-level MSCI ESG rating, topping A-share dairy companies

2023-08-11 (chinadaily.com.cn)

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A diagram shows the ambitious roadmap for Yili Group's Zero Carbon Future Plan. [Photo provided to chinadaily.com.cn]

Morgan Stanley Capital International (MSCI), a leading global index provider, has released its latest Environmental, Social, and Corporate Governance (ESG) ratings. With its outstanding performance in the ESG field, Yili Group has achieved an A-level MSCI ESG rating, placing it at the top among A-share-listed dairy companies.

Additionally, Yili's subsidiary, Ausnutria Dairy Co, a Hong Kong-listed company, attained an AA-level rating, becoming the highest-rated dairy company in Hong Kong.

MSCI is one of the most authoritative international ESG index rating agencies, and its ratings have become a mainstream reference for international capital markets. Yili's A-level MSCI ESG rating signifies the company's long-term efforts in the ESG field, once again gaining high recognition from the capital market.

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Yili releases its new "WISH2030" sustainable development system on May 22. [Photo provided to chinadaily.com.cn]

Yili has been committed to sustainable development and responsible business practices. The company has implemented a comprehensive ESG management system, focusing on environmental protection, social responsibility, and corporate governance. Yili has made significant investments in energy-saving technologies, reducing carbon emissions, promoting sustainable agriculture, and ensuring the well-being and safety of its employees and consumers.

It released the Zero Carbon Future Plan of the Yili Group and the Roadmap of the Yili Group Zero Carbon Future Plan – indicating that Yili achieved peak carbon emissions in 2012 and will achieve carbon neutrality in the entire industry supply chain by 2050.

It has also set itself specific tasks in the field, to be conducted in three phases in 2030, 2040 and 2050.