OOIL scoops top-performing ESG score

The international version of S&P Global’s Sustainability Yearbook was first published in 2008, but this is the first time S&P Global has published a China edition.

The S&P Global’s Sustainability Yearbook aims to distinguish those companies within their industries that have each demonstrated strengths in corporate sustainability. Following the growing interest from Chinese companies in sustainability strategies and topics in recent years, a China edition has been published for Chinese companies to benchmark their performance with local peers.

The companies listed in the Yearbook are selected on the basis of the results of a corporate sustainability assessment (CSA), an annual integrated assessment of governance and economic, environmental and social criteria with a strong focus on long-term shareholder value. Around 1,600 Chinese companies from 60 industries in Mainland China, Hong Kong and Macau that participated in the 2022 CSA entered the selection scope of this yearbook, and 88 outstanding companies from 44 industries were selected into the Sustainability Yearbook 2023 (China Edition).

OOIL has been awarded the ranking of Top 1% S&P Global ESG Score (Chinese Corporate) in the transport and infrastructure category, which means OOIL’s ESG score is within 1% of the industry’s highest score.

OOIl commented, “Inclusion in S&P Global’s Sustainability Yearbook (China Edition) 2023 is a clear and valuable recognition of OOIL’s outstanding performance in environmental, social and governance practices and in ESG disclosures. The group will continue to take a leadership role in advancing sustainability and to place ESG at the core of the Group’s value.”