On March 31, Shengshi investment, China’s leading master fund management institution, officially released the 2021 annual sustainable development report, which systematically and comprehensively disclosed the company’s strategies, objectives, measures and achievements in sustainable development.
As of December 31, 2021, Shengshi investment has managed more than 110 funds with a management scale of more than 140 billion yuan, covering more than 5000 high-tech and high growth strategic emerging industry projects. Among them, in 2021, 15 funds under management were added, the paid in scale was increased by 5.998 billion yuan, and 37 new listed projects were added, including 17 science and innovation board listed projects such as Hunan Changyuan Lico Co.Ltd(688779) , Galaxycore Inc(688728) , Apt Medical Inc(688617) , Jinguan Electric Co.Ltd(688517) .
Benchmarking the ESG disclosure standards outside China, combined with the development trend of China’s private equity investment fund industry, the report focuses on the specific practice and results of the company’s integration of ESG concept into daily operation and management and foreign investment from the aspects of strategy and objectives, corporate governance, green operation, human resources, corporate social responsibility, ESG investment and management.
In terms of operation and management, Shengshi investment has continuously strengthened strategic guidance and transmission, and built a modern, market-oriented, professional and institutionalized corporate governance system. At the same time, Shengshi Investment Group has set up a responsible investment committee and ESG management department at the level of Shengshi investment group. ESG working group and climate change response working group are composed of personnel from relevant Front Office business departments and middle and back office departments to systematically promote the implementation of the company’s sustainable development strategy.
Following the “3R” principle, i.e. reduce, reuse and recycle, Shengshi investment has formulated the ESG action guide and specific action plan for the company’s operation, focusing on improving the “green” level of the company’s operation.
In terms of responsible investment, Shengshi investment integrates ESG in the whole process of raising, investment, management and withdrawal, identifies and manages ESG risks and opportunities, empowers invested funds and projects, supports and accompanies the growth of Chuang Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) enterprises, and shoulders the responsibilities of targeted poverty alleviation, rural revitalization, green and low-carbon, biodiversity protection, promoting employment and expanding middle-income groups, so as to create good economic, environmental and social benefits.
