CTG DUTY-FREE Elevates ESG Rating to A

China Tourism Group Duty Free Corporation Limited, also known as CTG DUTY-FREE, has recently achieved a significant milestone by receiving an upgraded ESG rating from BBB to A by Morgan Stanley Capital International (MSCI). This upgrade, the second since the initiation of its ESG project in March 2022, highlights the company's dedication to environmental, social, and governance principles.

CTG DUTY-FREE's proactive approach to enhancing collaboration across departments and integrating ESG practices into its operations has led to a notable improvement in its MSCI ESG rating. By transparently disclosing ESG information, the company has not only increased accountability but also earned a spot in esteemed sustainability indices like the ESG-Pioneer 50 Index and the Hang Seng Corporate Sustainability Index.

The MSCI ESG rating holds significant weight in the global investment landscape, influencing decisions for investors worldwide. CTG DUTY-FREE's consistent progress in its ESG rating underscores the international recognition of its sustainability initiatives and responsible management practices.

Looking to the future, CTG DUTY-FREE remains committed to excellence by expanding its core operations and strengthening its ESG governance framework. The company's focus on innovation, eco-friendly practices, and sustainable growth underscores its dedication to fostering a greener and more sustainable business environment in China.

CTG DUTY-FREE's upgraded ESG rating showcases its ongoing commitment to sustainability and responsible business practices. As the company continues to prioritize ESG principles and drive positive change, it sets a commendable example for businesses aiming to make a meaningful impact on the environment and society.