12 Nov 2020
Everbright Environment Included in Dow Jones Sustainability Indices for Fifth Year Running
17 November 2020, Hong Kong – China Everbright Environment Group Limited ("Everbright Environment" or the "Company") (SEHK: 257) is pleased to announce that the Company has been included in the Dow Jones Sustainability Emerging Markets Index for the fifth consecutive year, as a result of its excellent performance in sustainability over the past year. It is one of the three companies from Mainland China that have been included in the emerging markets index this year. The latest review of the Dow Jones Sustainability Indices (DJSI) will be effective from Monday, 23 November 2020.
Launched in 1999, the DJSI were among the very first set of global indices to track the largest and leading sustainability-driven publicly listed companies, and have become a crucial reference for investors and companies. The DJSI are compiled on a yearly basis by Dow Jones and S&P Global's RobecoSAM, an investment specialist focus on sustainable investment. The indices assess the performance of companies with leading sustainable performance across the globe, based on governance and economic, environmental and social dimensions, taking an investment approach to evaluate companies' sustainable development capabilities. According to criteria of the DJSI, the Hong Kong SAR belongs to the Asia-Pacific region, while the Mainland China and Taiwan belong to the emerging markets category, which Chinese companies headquartered in Hong Kong fall into.
According to the assessment results, Everbright Environment falls into the Commercial & Professional Services sector under the emerging markets category, with an overall score of 63, which is much higher than the industry average of 33. The Company was particularly recognised for its performance in the areas of codes of business conduct, policy influence, environmental reporting, corporate citizenship and philanthropy, among others.
Mr. Wang Tianyi, Chairman of the Board and CEO of Everbright Environment, said: "Despite the changing external environment and various challenges over the past year, Everbright Environment has achieved steady business growth, with its determination to and effort in sustainable development being once again well recognised worldwide. We are deeply honored and encouraged by this acknowledgement, because being included for the fifth consecutive year in the DJSI, a world-class index series, is no easy task, and this makes the Company a benchmark in the environmental protection industry. As the largest environmental enterprise in China, the world's largest waste-to-energy investor and operation, as well as a world-renowned environmental group, Everbright Environment adheres to its corporate pursuit of ‘Creating Better Investment Value and Undertaking More Social Responsibility', stays committed to boosting its momentum for sustainable development, and aims to provide feasible solutions and useful references for sustainable development by offering quality environmental services. No distance can ever prevent people with perseverance from reaching the destinations. In future endeavors, Everbright Environment will continue to hold fast to its long-term strategies, steadily move forward, and pursue development driven by innovation and sustainability by focusing on the business areas of environment, energy and resources, in order to better explore and promote the continued improvements of the economic, social and environmental benefits."