Recently, at the “Green Growth & Zero-carbon Future” 2021 Social Value Co-creation Forum and the Award Ceremony of the Sixth Social Value Co-creation Outstanding Corporate Social Responsibility Practicing in China, Far East Horizon was honored with the “ESG Governance Demonstration Award” due to its exceptional achievements in corporate governance. This is yet another prize awarded to Far East Horizon following the “Anti-epidemic Contribution Award” last year, which demonstrates the entire society’s full recognition of its outstanding performance in active ESG development strategy practicing, corporate responsibility fulfilling and continuous social value creating.

Co-creating Social Value & Setting an Example for the Industry

The “ESG Governance Demonstration Award” is the first “institute award” for corporate social responsibility, and the evaluation of outstanding corporate social responsibility practicing is based on the “social value co-creation” evaluation system developed by Fudan University, which is dedicated to discovering China’s most cutting-edge corporate social responsibility practicing through a systematic analysis of a large number of widely acknowledged cases of vigorous social responsibility practicing.

This year, the preliminary evaluation was conducted by a project group from Fudan University, and the re-evaluation conducted by a panel consisting of 16 professors spanning various majors from famous universities of China, including Fudan University, Tsinghua University, Peking University and Shanghai Jiao Tong University. It took almost 4 months to finally determine the list of winners based on the voting results, which proves the great value of this award.

(Green Growth & Zero-carbon Future; 2021 Social Value Co-creation Forum)
△Dean Lu Xiongwen of School of Management, Fudan University, delivering the opening speech for this forum.

Creating Value to Share Value & Collaborating for Harmonious Development

In recent years, Far East Horizon has taken the initiative to integrate the ESG philosophy into its corporate development strategy, and it has been actively practicing five major social responsibilities including investor’s responsibility, client’s responsibility, employee’s responsibility, environmental responsibility and public welfare responsibility. This August, Far East Horizon officially established an Environmental, Social & Governance Committee (“ESG Committee”) under its Board of Directors, to study and advise on its environmental, social and governance policies and practice. Thus, Far East Horizon has entered a new stage of sustainable development practice.

Far East Horizon’s key ESG actions in 2021:
June: successfully issued the first green club loan
June: released 2020 Environmental, Social and Governance Report
August: added to the FTSE4Good Index Series for the 5th consecutive year
August: established the ESG Committee
November: issued China’s first sustainable development bonds
November: honored with the “ESG Governance Demonstration Award”

Consistently adhering to the core responsibility philosophy of “creating value to share value & collaborating for harmonious development,” Far East Horizon has been making continuous explorations in furthering the well-being of the people, actively promoting the healthy, sustainable, stable and harmonious development of industrial economy and the entire society, and constantly creating value for various stakeholders.