Far East Horizon Won “Green Product Excellence Award” for Further Recognition of Its ESG Work
Recently, the “Co-creating the Future Architecture” 2022 Social Value Co-creation Forum and the Award Ceremony of the Seventh Social Value Co-creation Outstanding Corporate Social Responsibility Practicing in China was held, and Far East Horizon received the “Green Product Excellence Award” for its “green development project supported by green finance.” After “Anti-epidemic Contribution Award” and “ESG Governance Demonstration Award,” this is the third consecutive year that Far East Horizon wins an award for corporate social responsibility, which demonstrates the recognition of its ESG work by authoritative organizations and all sectors of the society.
Evaluation of outstanding corporate social responsibility practicing in China
Based on the idea of “social value co-creation,” this evaluation is co-initiated by the CCM CSR Promotion Center and the School of Management, Fudan University. Researched and designed by an institution of higher learning, it is China’s first case evaluation system involving strategic planning for enterprise sustainable development and corporate social responsibility practicing, with grades given and determined by experts and professors from a dozen of universities including Fudan University, Sun Yat-sen University and Tsinghua University. Intended to promote cutting-edge co-creation of corporate social responsibility in China and widely recognized in the industry, this award is of high value.
School of Management, Fudan University
Dean Lu Xiongwen delivering the opening speech for this forum
Rallying Green Financial Force to Support Sustainable Development
Green finance is an important way to contribute to the realization of sustainable development goals. This time, Far East Horizon is awarded for its “green development project supported by green finance” exactly because while persisting in serving the real economy, it pays attention to introduce green financial source to provide financial support for the green transformation and development of the society, and contributes its strength to the construction of ecological civilization and an environmentally-friendly society.
Far East Horizon’s remarkable achievements in finance in recent years:
-2020-2022
Led the energy conservation transformation of existing residential buildings in Taiyuan City
-November 2021
Issued the first sustainable development bonds in the China Interbank Bond Market
-January 2022
Successfully issued the first green ABN bonds of more than RMB 2 billion
-February 2022
MSCI ESG rating jumped to “A”
-May 2022
Won “Rural Pandemic Response Award” in the first “Green Carpet Awards” of the Asian Development Bank
-August 2022
Issued 790 million yuan of green ABN bonds
Facing the future, Far East Horizon will adhere to the core idea of responsibility of “creating shared value and promoting harmonious development,” devote itself to boosting the sustainable development of the whole society with the power of “finance+industry,” actively promote the healthy, sustainable, steady and harmonious development of industrial economy as well as the society, and create value for all interested parties.