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Yahoo
2 days ago
- Business
- Yahoo
Fosun International Receives the "ESG & Sustainability Award" and Two Other Prestigious Honors from Global Banking and Finance Review
HONG KONG, June 11, 2025 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656) was recently notified by the renowned British finance magazine, Global Banking and Finance Review, that it has received three awards: "ESG & Sustainability Awards – Best Sustainable Development Company Asia 2025", "CSR Awards – Best CSR Company Asia 2025", and "Brand of the Year Awards – Holding Group Brand of the Year Asia 2025". These accolades underscore the market's recognition of Fosun's exceptional performance in ESG strategy, corporate governance, social responsibility, environmental protection, information disclosure, and stakeholder engagement. Honoring Companies for Excellence in Business Performance and Sustainable Development Global Banking and Finance Review highlighted that, after more than 30 years of development, Fosun has evolved into a global innovation-driven consumer group. As a global large-scale private enterprise, Fosun has pursued a core business-focused strategy, embraced innovation, and advanced its globalization efforts, leading to steady business growth. While enhancing its operations, Fosun has also strengthened its sustainable development management, actively fulfilling corporate social responsibility, improving ESG performance, and leveraging the resources and advantages of its global industrial ecosystem to contribute to a better world. In recognition of these efforts, the magazine honored Fosun International with three prestigious awards in ESG and sustainability, corporate social responsibility, and branding. These accolades not only acknowledge the growth potential of Fosun's core industries but also reaffirm the Company's dedication to advancing ESG-driven sustainable development. Fosun's Sustainable Development Strategy: "Create IMPACT" Looking back on the past, Fosun has always paid attention to the reform and development of the global policies in the field of sustainable development. It has established a comprehensive ESG management system, integrated ESG management requirements into business management over the years, actively responded to national and global strategies in relation to sustainable development, ensured information security, promoted technology innovation, implemented "dual carbon" goals, protected the rights and interests of employees to promote sustainable management and value creation. Last year, Fosun formulated its sustainable development strategy: "Create IMPACT", which outlines its six key long-term directions: I: Innovation-driven, M: Mindful Operation, P: People and Partner Oriented, A: Advanced Governance, C: Climate and Planet Positive and T: Transparency. Advancing Global Sustainable Development with Outstanding ESG Performance Fosun remains committed to its core businesses. By leveraging its increasingly sophisticated global business presence, it has operated responsibly across more than 35 countries and regions, actively contributing to public welfare and creating sustainable value worldwide. Fosun has long been dedicated to philanthropy projects in areas such as rural revitalization, healthcare, educational equity, community construction, culture and art, significantly expanding its impact across global communities and striving to build a more responsible, inclusive and sustainable future. As a responsible global citizen, Fosun officially joined the United Nations Global Compact ("UN Global Compact") in 2014. It fully supports the ten principles of the UN Global Compact on human rights, labor, environment and anti-corruption, and has deeply integrated these principles into its "Create IMPACT" sustainable development strategy and code of conduct. Over the past year, despite the global environmental, social and economic uncertainties, Fosun remained committed to sustainable development, diligently upholding its long-term commitments in key areas of sustainable development, and achieving good results. Fosun International maintained an MSCI ESG rating of AA, achieved an HSI ESG rating of AA-, ranked in the top 5% among global peers in latest S&P Global's Corporate Sustainability Assessment (CSA), was included in S&P Global's Sustainability Yearbook 2025, and was selected as the top 1% in S&P Global's Sustainability Yearbook 2025 (China Edition). Fosun for Good: Giving Back to Society In order to better promote the fulfillment and implementation of corporate social responsibility, Fosun Foundation was established in 2012. It has been making unremitting efforts in the fields of global emergency relief, rural revitalization, healthcare, youth entrepreneurship, education, community development and culture & art, etc. to create social value. Among these initiatives, the Rural Doctors Program has supported 25,000 rural doctors and benefited 3 million rural families since its launch in 2017. Moreover, the "Rural Doctors Program Empowering Rural Medical Services" was included in the "20 Cases of Private Sector's Sustainable Development in China for 20 Years" Report of the UN Global Compact. Fosun adheres to the innovation-driven strategy and actively facilitates its businesses to achieve innovative results so as to make greater contributions to society. Thanks to the long-term accumulated technology innovation capabilities, Fosun has continued to realize the "world's first" and "China's first" achievements. Henlius' innovative drug, HANSIZHUANG (serplulimab injection), an anti-PD-1 monoclonal antibody, was approved for marketing in the European Union in early 2025. This milestone makes it the first and only PD-1 innovative drug approved for the first-line treatment of extensive-stage small cell lung cancer (ES-SCLC) in the European Union. As of the end of 2024, Fosun Pharma's independently developed artesunate for injection had saved more than 80 million severe malaria patients worldwide, with more than 400 million doses supplied globally. Regarding youth entrepreneurship and development, under the principle of "Innovation and People-oriented Development", Fosun Foundation, in collaboration with Fidelidade and Portugal's healthcare group Luz Saúde, launched the sustainable innovation project "Protechting Open Innovation Program" in early 2016. Since 2018, Protechting has incubated 40 pilot projects and led to 5 commercial collaborations. On 9 April 2025, the 7th Protechting Open Innovation Program took place in Lisbon, the capital of Portugal, where the top four finalists were announced. In May 2025, these four teams visited Shanghai, Macau, Shenzhen, and Hong Kong for exchanges and roadshows, while also seeking potential business collaboration opportunities. Over the past seven years, Protechting has expanded from Portugal to Europe and now to China and beyond, becoming an international platform for technology innovation exchange that connects young people from different cultures and continents. Looking ahead, Fosun remains dedicated to advancing its social responsibility through innovation and responsible global operations. Guided by its "Create IMPACT" sustainable development strategy, Fosun will intensify its efforts to build a more responsible, inclusive and sustainable future. View original content: SOURCE Fosun
Business Recorder
25-04-2025
- Business
- Business Recorder
Simpaisa wins fastest growing brand award
ISLAMABAD: Simpaisa, a premier digital payments facilitator in frontier markets, has been awarded with 'Fastest Growing Brand of the Year' in Payment Facilitator category, solidifying its position as a force of growth and transformation in the digital finance space. Adding to this achievement, Yasir Pasha, the driving force behind Simpaisa, has been recognized as the 'Entrepreneur of the Year'. These accolades mark a defining moment for Simpaisa as it continues to transform digital financial ecosystems in emerging economies through its robust payment infrastructure and unwavering commitment to financial inclusion. The Brand of the Year Awards is Pakistan's premier recognition platform, honoring only one brand per category each year based on rigorous market analysis, consumer preference, and the highest standards set by the Award Accreditation Council. This dual achievement underscores Simpaisa's dominant market standing and the trust it has earned from both industry peers and millions of users nationwide. Yasir Pasha, winner of the Entrepreneur of the Year award, has redefined two industries through bold innovation and purposeful execution. From founding Tapmad, Pakistan's first ad-free OTT streaming platform, to scaling Simpaisa into a leading fintech enabler across frontier markets, his journey is marked by disruption, inclusion, and impact. At Tapmad, Yasir transformed how Pakistan consumes digital content. With Simpaisa, he's simplifying payments and expanding financial access for millions. His work reflects a deep commitment to solving real-world problems through technology—driving financial inclusion, unlocking new markets, and inspiring the next generation of entrepreneurs. Copyright Business Recorder, 2025
