Ninestar’s ESG Rating elevated to ‘A’ by MSCI
January 2, 2025
Ninestar celebrates sustainability milestone, affirming its commitment to innovation and governance.
Ninestar Corporation, a prominent player in the global printing industry, has seen its Environmental, Social, and Governance (ESG) rating upgraded to an ‘A’ by MSCI. This marks a significant step forward for the company, which has been part of MSCI’s ESG assessment framework since 2018.
The MSCI ESG Rating, an influential benchmark for investors, evaluates a company’s ability to manage environmental risks, uphold social responsibility, and adhere to robust governance standards. Ratings range from AAA, denoting industry leaders, to CCC for underperformers. With its new rating, Ninestar positions itself as a sector leader in ESG resilience.
The improvement follows the establishment of a comprehensive ESG management system by Ninestar in 2023. Guided by a dedicated ESG Committee and subsidiary-level workgroups, the system integrates sustainability into every facet of its operations.
Key initiatives that contributed to the rating upgrade include advancements in clean technology, robust e-waste recycling programmes, workforce development, and anti-corruption measures. These efforts align with China’s dual-carbon goals and reflect the company’s long-term commitment to global sustainability.
Ninestar’s enhanced ESG performance is part of its broader strategy to drive innovation while meeting stringent international standards. The company’s CEO highlighted its dual focus on delivering cutting-edge technology and fostering sustainable growth. “This milestone reflects our vision to build a globally recognised, sustainability-driven enterprise,” he said.
Looking ahead, Ninestar plans to deepen its ESG focus by launching new programmes and expanding its clean technology portfolio. The firm also intends to play an active role in setting benchmarks for the industry, aligning with evolving global standards.
Categories : World Focus
Tags : A Rating Elevation ESG Rating MSCI Ninestar
