CSPC Receives MSCI ESG A Rating for Three Consecutive Years

Recently, MSCI (Morgan Stanley Capital International), an international authoritative index company, released its latest annual ESG rating.

CSPC has received an A rating for three consecutive years, continuing to lead the industry.

MSCI is an international company that provides global indices and related derivative financial product subjects. The MSCI index and ESG rating reports it releases are widely referenced by investors. The MSCI ESG rating report is an authoritative standard in the investment community for evaluating companies' environmental, social, and governance competency.

In recent years, CSPC has deeply implemented the new development concept proposed in the Report of the 20th National Congress of the Communist Party of China, continuously strengthening our management and enhancing our connotation of sustainable development. CSPC has established a top-down long-term ESG improvement mechanism, incorporates ESG work into the performance evaluation of senior management, actively refers to stakeholders' opinions on significant issues, and consults international peers' experience in an effort to promote the deep integration of ESG into various operations and management of CSPC.

In terms of environmental protection, CSPC actively responds to China's dual-carbon strategic goal to achieve peak carbon dioxide emissions by 2030 and carbon neutrality by 2060, adheres to the environmental protection management policy of "prevention first, emission reduction at the source, continuous improvement, compliant operation, and the construction of green factories", and centers on the development strategy of "green and sustainable development", leading the green and low-carbon transformation of the enterprise. CSPC currently has 3 national "green factories", 2 provincial green factories, and 3 provincial water-saving enterprise titles.

As for social contribution, CSPC has implemented a four-level (group level, company level, department level, and team level) quality assurance system and set up a professional quality management team, which is responsible for managing the quality control and assurance of each member company, ensuring that product quality is maintained at an industry-leading level. CSPC has also established a sound and standardized human resource management system, strengthened the employment and retention of talent from diverse backgrounds, and created an inclusive and equal corporate culture. The structure of our employees is gender-balanced and stable, with an improved overall level of education. In addition to focusing on employee development, CSPC has also implemented the "CSPC Family" assistance program, aiming at providing selfless assistance to employees who suffer from financial difficulties due to major illnesses, accidents, or educational needs involving themselves and their immediate family members.

Regarding corporate governance, CSPC adheres to innovation-driven high-quality development and invests RMB 4 billion annually in R&D to constantly industrialize innovative drugs, advancing the enterprise to be closer to a domestic first-class and world-renowned level. CSPC has been listed in the global top 50 pharmaceutical companies for three consecutive years by the American magazine Pharm Exec, and in the global top 25 pharmaceutical companies in terms of R&D pipeline scale by Citeline.

In the future, CSPC will stay committed to the development path of creating green, harmonious, and sustainable ESG, benchmarking against excellent international peers, continuously self-renovating, and expanding the depth and breadth of corporate development through internal growth, in a bid to continuously contribute high-quality products and Chinese strength to human health.