Fosun International: A Beacon of ESG Excellence in Asia
November 15, 2024, 7:24 pm
Location: Hong Kong S.A.R., Hong Kong Island, Hong Kong
Employees: 501-1000
Founded date: 2005
In the heart of Hong Kong, a corporate giant is redefining the landscape of environmental, social, and governance (ESG) practices. Fosun International Limited has emerged as a leader, recently clinching the prestigious Platinum Award and the Best Initiative in Social Responsibility at The Asset ESG Corporate Awards 2024. This recognition is not just a trophy on a shelf; it symbolizes a commitment to sustainable development and corporate responsibility that resonates across the Asia-Pacific region.
The awards ceremony, held at the Four Seasons Hotel in Singapore, highlighted Fosun's exceptional performance in various ESG dimensions. The company has consistently demonstrated its dedication to financial integrity, corporate governance, and environmental stewardship. In a world where businesses often prioritize profit over purpose, Fosun stands out as a lighthouse guiding others toward a more sustainable future.
Fosun's journey into the realm of ESG began with a clear vision. The company has established a comprehensive ESG management system, integrating these principles into its core business operations. This approach ensures that sustainability is not an afterthought but a fundamental aspect of its strategy. Fosun's commitment to the "dual carbon" goals reflects its proactive stance in addressing global climate challenges. By promoting technological innovation and ensuring information security, Fosun is not just reacting to trends; it is setting them.
The company's sustainable development strategy, aptly named "Create IMPACT," encapsulates its philosophy. Each letter represents a core value: Innovation-driven, Mindful Operation, People and Partner Oriented, Advanced Governance, Climate and Planet Positive, and Transparency. This framework is not merely a slogan; it is a roadmap for long-term success and accountability.
Fosun's achievements in the ESG arena are impressive. It is the only conglomerate in Greater China rated AA by MSCI ESG Ratings. This rating places Fosun in the top tier of global corporate sustainability. The company has outperformed 94% of its peers in the S&P Global Corporate Sustainability Assessment, earning a spot in the S&P Global Sustainability Yearbook 2024. Such accolades are not given lightly; they are earned through consistent effort and genuine commitment.
Innovation is at the heart of Fosun's strategy. The company has made significant strides in the healthcare sector, developing groundbreaking treatments that have made a tangible impact on global health. Fosun Pharma's self-developed artesunate for injection has treated over 68 million patients suffering from severe malaria. This achievement is not just a statistic; it represents lives saved and communities uplifted. The introduction of innovative therapies, such as the first CAR-T cell therapy product approved in China, showcases Fosun's dedication to pushing the boundaries of medical science.
Beyond healthcare, Fosun is deeply invested in social responsibility. The Fosun Foundation, established in 2012, has been a catalyst for change in various sectors, including education, health, and rural revitalization. The Rural Doctors Program, launched in 2017, has supported 25,000 rural doctors, benefiting millions of families across China. This initiative exemplifies Fosun's belief that corporate success should translate into societal benefits.
Fosun's commitment to its employees is equally commendable. The company has implemented a half-day public welfare leave policy, encouraging staff to engage in community service. This initiative has seen over 4,500 employees participate in various public welfare activities, accumulating more than 34,000 hours of volunteer work. Such efforts foster a culture of giving back, reinforcing the idea that businesses can thrive while uplifting their communities.
The recent recognition of Fosun's "WE Volunteer" program further underscores its commitment to social responsibility. This initiative encourages employees to collaborate with ecosystem partners, creating a ripple effect of positive change. By integrating corporate social responsibility into its corporate culture, Fosun is setting a precedent for others to follow.
As the world grapples with pressing challenges like climate change and social inequality, Fosun International serves as a model for corporate responsibility. Its achievements in ESG are not just accolades; they are a testament to what is possible when businesses prioritize purpose alongside profit. Fosun's journey is a reminder that companies can be powerful agents of change, driving progress while remaining accountable to their stakeholders.
In conclusion, Fosun International's recent accolades at The Asset ESG Corporate Awards 2024 highlight its unwavering commitment to sustainability and social responsibility. As it continues to innovate and lead in the ESG space, Fosun is not just shaping its future; it is shaping the future of corporate responsibility in Asia and beyond. The path ahead is bright, and Fosun is poised to illuminate the way for others in the corporate world.
The awards ceremony, held at the Four Seasons Hotel in Singapore, highlighted Fosun's exceptional performance in various ESG dimensions. The company has consistently demonstrated its dedication to financial integrity, corporate governance, and environmental stewardship. In a world where businesses often prioritize profit over purpose, Fosun stands out as a lighthouse guiding others toward a more sustainable future.
Fosun's journey into the realm of ESG began with a clear vision. The company has established a comprehensive ESG management system, integrating these principles into its core business operations. This approach ensures that sustainability is not an afterthought but a fundamental aspect of its strategy. Fosun's commitment to the "dual carbon" goals reflects its proactive stance in addressing global climate challenges. By promoting technological innovation and ensuring information security, Fosun is not just reacting to trends; it is setting them.
The company's sustainable development strategy, aptly named "Create IMPACT," encapsulates its philosophy. Each letter represents a core value: Innovation-driven, Mindful Operation, People and Partner Oriented, Advanced Governance, Climate and Planet Positive, and Transparency. This framework is not merely a slogan; it is a roadmap for long-term success and accountability.
Fosun's achievements in the ESG arena are impressive. It is the only conglomerate in Greater China rated AA by MSCI ESG Ratings. This rating places Fosun in the top tier of global corporate sustainability. The company has outperformed 94% of its peers in the S&P Global Corporate Sustainability Assessment, earning a spot in the S&P Global Sustainability Yearbook 2024. Such accolades are not given lightly; they are earned through consistent effort and genuine commitment.
Innovation is at the heart of Fosun's strategy. The company has made significant strides in the healthcare sector, developing groundbreaking treatments that have made a tangible impact on global health. Fosun Pharma's self-developed artesunate for injection has treated over 68 million patients suffering from severe malaria. This achievement is not just a statistic; it represents lives saved and communities uplifted. The introduction of innovative therapies, such as the first CAR-T cell therapy product approved in China, showcases Fosun's dedication to pushing the boundaries of medical science.
Beyond healthcare, Fosun is deeply invested in social responsibility. The Fosun Foundation, established in 2012, has been a catalyst for change in various sectors, including education, health, and rural revitalization. The Rural Doctors Program, launched in 2017, has supported 25,000 rural doctors, benefiting millions of families across China. This initiative exemplifies Fosun's belief that corporate success should translate into societal benefits.
Fosun's commitment to its employees is equally commendable. The company has implemented a half-day public welfare leave policy, encouraging staff to engage in community service. This initiative has seen over 4,500 employees participate in various public welfare activities, accumulating more than 34,000 hours of volunteer work. Such efforts foster a culture of giving back, reinforcing the idea that businesses can thrive while uplifting their communities.
The recent recognition of Fosun's "WE Volunteer" program further underscores its commitment to social responsibility. This initiative encourages employees to collaborate with ecosystem partners, creating a ripple effect of positive change. By integrating corporate social responsibility into its corporate culture, Fosun is setting a precedent for others to follow.
As the world grapples with pressing challenges like climate change and social inequality, Fosun International serves as a model for corporate responsibility. Its achievements in ESG are not just accolades; they are a testament to what is possible when businesses prioritize purpose alongside profit. Fosun's journey is a reminder that companies can be powerful agents of change, driving progress while remaining accountable to their stakeholders.
In conclusion, Fosun International's recent accolades at The Asset ESG Corporate Awards 2024 highlight its unwavering commitment to sustainability and social responsibility. As it continues to innovate and lead in the ESG space, Fosun is not just shaping its future; it is shaping the future of corporate responsibility in Asia and beyond. The path ahead is bright, and Fosun is poised to illuminate the way for others in the corporate world.