ANTA Sports' MSCI ESG rating has risen two levels to BBB
ANTA Sports is pleased to announce that MSCI, a reputable international index provider, has released the latest Environmental, Social, and Governance (ESG) rating results, and with its outstanding performance in ESG, ANTA Sports has seen its MSCI ESG rating rise by two levels to "BBB", making it the highest-scoring Chinese sportswear company.
ANTA Sports has shown improvement in all seven areas covered by the MSCI ESG rating, with the most significant progress observed in chemical safety, labor management and raw material sourcing. These advancements reflect the Group's dedicated efforts, including its commitment to gradually reduce and eventually eliminate the use of harmful and restricted chemicals, the 100% use of leather materials certified by the Leather Working Group Gold Standard on ANTA and FILA footwear products, thus ensuring traceability to their origin, as well as its commitment to follow the international standards as a member of the United Nations Global Compact (UNGC) and United Nations Women's Empowerment Principles (WEPs), aligning with internationally recognized human rights policies and promoting an inclusive and diverse corporate culture.
As an industry leader, ANTA Sports established a Sustainability Committee to ensure active participation in sustainability issues at the board level. The Company continues to strengthen its corporate governance practices and improve its ESG governance structure. ANTA Sports adheres to the principle of "Value Creation Through Mutualism", leading the industry, business partners and consumers towards a sustainable future through the core values of "Mutualism with Consumers", "Mutualism with Partners", "Mutualism with Employees", "Mutualism with the Society", and "Mutualism with the Environment". Furthermore, ANTA Sports actively pursues growth opportunities in innovative products, green supply chains, environmental protection and public welfare, and other areas that align with the shareholders' interests, in order to achieve high-quality and robust sustainable development.
MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data and technology, MSCI powers better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. The MSCI ESG rating aims to assess a company's level of risk exposure and management capabilities in areas such as ESG. It also compares companies within the same industry to identify leaders and laggards in managing these risks. The assessment scope covers seven major areas. The rating is applicable to stocks, fixed-income securities, loans, mutual funds, ETFs, and countries.
