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    BEWG was first selected for the Hang Seng Corporate Sustainability Benchmark Index 2021-08-23

    Recently, Hang Seng Indexes Co., Ltd. announced the results of quarterly reviews of the Hang Seng Indexes Series with data cut-off dates of June 30, 2021, Beijing Enterprises Water Group Limited (hereinafter referred to as “BEWG”), with its outstanding performance in environmental, social and governance (ESG), was selected for the Hang Seng Corporate Sustainability Benchmark Index, and became one of the 87 listed companies with outstanding ESG performance. The results of this adjustment will come into effect on September 6, 2021.

    BEWG was selected for Hang Seng Index Corporate Sustainability Benchmark Index, it was the first time for the company to be selected in an ESG (Environmental, Social, Governance) related index after the company was selected for a number of important indexes such as a constituent stock of the Hong Kong Hang Seng Composite LargeCap and MidCap Index, a constituent stock of the Hang Seng Hong Kong China Enterprises Index, a constituent stock of the Hang Seng China (Hong Kong-Listed) 100 Index, Morgan Stanley Capital International Index and the CSI Yangtze River Protection Theme Index.

    Hang Seng Corporate Sustainability Benchmark Index Series is an important index in the capital market and a significant indicator of the price of Hong Kong stock market. The selection procedure of the constituent stocks of the index is rigorous. While considering factors such as market value and trading volume, it adopts the sustainable development rating framework of Hong Kong Quality Assurance Agency, an independent professional evaluation agency. Select listed companies with excellent performance in sustainable development by scoring seven core indicators such as corporate governance, human rights, labour practices, environment, fair operation, consumer issues, community participation and development to ensure the Hang Seng Corporate Sustainability Benchmark Index is objective, reliable and highly investable. The top 20% of Hong Kong stocks in the review will be selected as constituent stocks of the Hang Seng Corporate Sustainability Benchmark Index (HSSUSB), providing a high-quality benchmark for sustainability-themed investment.
    In recent years, with the global promotion of the idea of sustainable development, ESG has received high attention from the international capital market, and has become a key factor in measuring the long-term investment returns and risks of enterprises, and has been included in the decision-making considerations of domestic and international investment institutions. Being selected for the Hang Seng Corporate Sustainability Index Series reflects the capital market's recognition of BEWG in the field of sustainable development, as well as its better risk and return characteristics and higher dividend yield, further enhancing the influence and attention of BEWG in the international capital market.

    BEWG carries forward the idea of sustainable development of “cleanness, good governance, and mutual aid”, and has continuously improved the corporate governance system with ESG governance as its core, pays attention to the requirements and expectations of various stakeholders, meanwhile, based on its own business. , gives full play to its natural environmental protection business attributes, supports the 17 sustainable development goals of the United Nations, ensures stable water supply, improves sewage treatment efficiency, devotes greater effort to scientific and technological innovation, and always adheres to corporate social responsibility.

    In 2020, BEWG established a clear ESG governance structure and board supervision mechanism, publicly disclosed 6 ESG-related policies, and optimized the ESG information management process, meanwhile, through the release of the 2020 ESG Sustainability Report to disclose the Group's sustainable development achievements, actively participated in ESG rating questionnaires, communicated with capital market rating agencies, and upgraded the MSCI rating, the Group fully demonstrated its idea, management, actions and effectiveness in environmental, social and governance, and highlighted its continuous improvement and progress in sustainable development governance and management.

    In the future, BEWG will always adhere to the idea of sustainable development, firmly promote the implementation of “dual-platform” strategy, ecological strategy, innovation strategy, and digital strategy, and deepen the transformation of asset-light strategy, while giving full play to its own advantages and actively practicing social responsibility, Laying foundation for the long-term value creation of the enterprise and leading the sustainable development of the industry.

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