The criteria for judging an enterprise need to be more diversified. In addition to paying attention to the market value ranking and financial data of enterprises, we should also pay attention to the impact of enterprises on the ecological environment, social public welfare and stakeholders.
On January 10, Hurun Research Institute first released the Hurun China top 100 list of private enterprises for sustainable development (hereinafter referred to as the “list”), which showed that Yili, Huawei and country garden ranked the top three, Haier Smart Home Co.Ltd(600690) , Ping An Insurance (Group) Company Of China Ltd(601318) and Fosun international ranked fourth.
Taking Yili as an example, the company ranks 32nd in 2020 Shimao Strait · Hurun China top 500 private enterprises with a value of 253 billion yuan, but ranks first in the list.
According to the list, Yili’s total investment in environmental protection in 2020 was 189.43 million yuan, with a total water saving of 4.12 million tons. Its 19 factories passed the national “green factory” certification. At the same time, the company will lead 5 million breeding practitioners to get rid of poverty and become rich in 2020.
In 2007, Yili issued its first corporate citizenship report, which is also the first Chinese enterprise to sign the letter of commitment on enterprise and biodiversity of the United Nations Convention on biological diversity, and issued the biodiversity protection report for three consecutive years; “Yili Ark” invested 1.6 million yuan to carry out children’s safety theme activities, with about 100000 teachers and students participating; Yili nutrition 2020 donated 4.71 million yuan worth of Yili products.
at the same time, Gem Co.Ltd(002340) ranks 475 in 2020 world Mao Strait · Hurun China’s top 500 private enterprises with a value of 24 billion yuan, but the company ranks eighth in the list.
It is reported that Gem Co.Ltd(002340) is the Asia Pacific Regional Center of the Basel Convention of the United Nations Environment Programme, the demonstration enterprise of the global environment facility and the national circular economy education demonstration base. By 2020, Gem Co.Ltd(002340) has built 16 resource recycling plants in 11 provinces and cities in China, covering 9 million square kilometers in China, established waste treatment cooperation with nearly 500 million people, and handled more than 5 million tons of waste every year.
In 2020, Gem Co.Ltd(002340) environmental protection investment exceeded 350 million yuan, 53 environmental protection facilities construction and upgrading projects were implemented, and the recovery of electronic waste increased by 33% year-on-year, accounting for 10% of China’s total scrap. Meanwhile, the number of safety accidents and industrial injuries in Gem Co.Ltd(002340) 2020 decreased by 33% and 52% respectively compared with 2019. China has one belt, one road initiative and a green industry mode for Gem Co.Ltd(002340) to invest in South Africa, Indonesia and South Korea.
In terms of the region where the enterprise headquarters are located, the top 100 enterprises on the list come from 41 cities, 31 Enterprises in the Yangtze River Delta and 25 enterprises in Guangdong, Hong Kong and Macao Dawan district. Specifically, enterprises headquartered in Shenzhen account for half of the top 10 on the list; There are 17 enterprises headquartered in Beijing, 14 in Shenzhen, 11 in Shanghai, 6 in Hangzhou and 4 in Foshan.
In terms of industry, pharmaceutical and biological enterprises represented by Wuxi Apptec Co.Ltd(603259) have entered the top 100 most, reaching 13; Secondly, there are 10 mass network service enterprises represented by Alibaba and Tencent; Seven automobile enterprises represented by Byd Company Limited(002594) and seven real estate enterprises represented by country garden and Shimao have entered the top 100 of the list.
“The reference significance of this list is that it is the first report focusing on the sustainable development achievements of China’s private enterprises.” Hurun, chairman and chief research officer of Hurun Baifu, said that the full score of the list is 100 points, the average score of the top 100 enterprises is 33 points, and the threshold for listing is 24 points. We hope to use the next decade for comparison to witness the progress of China’s private enterprises on the road of sustainable development.
According to the list, the scope of this survey is “Hurun China’s top 500 private enterprises”, and the information sources are public information of enterprises and industries, including enterprise annual report and ESG report (environmental, social and Governance Report), CSR Report (Corporate Social Responsibility Report) and SDG report (Sustainable Development Report).
At the same time, the list takes the 17 sustainable development goals of the United Nations as the dimensions, including poverty-free, gender equality and climate action. The relevant specific goals are to completely solve the development problems in the three dimensions of society, economy and environment and turn to the path of sustainable development by 2030.
At present, the research and investment decisions of many institutions around the world will pay attention to the target ESG and other behaviors, and major stock exchanges and regulators around the world have successively formulated relevant policies and regulations to require listed companies to voluntarily, independently or compulsorily disclose ESG and other relevant information.
From the list, different enterprises pay different attention to each dimension. In terms of economical and applicable clean energy, the enterprises that do well are Yadi, Gotion High-Tech Co.Ltd(002074) , Yutong Bus Co.Ltd(600066) , Byd Company Limited(002594) , Great Wall Motor Company Limited(601633) , Zhong’an online, Pharmaron Beijing Co.Ltd(300759) , Sungrow Power Supply Co.Ltd(300274) , Ping An Insurance (Group) Company Of China Ltd(601318) insurance, Contemporary Amperex Technology Co.Limited(300750) , and Xiaopeng automobile.
Taking Byd Company Limited(002594) as an example, the company ranks 158 in the 2021 Jiaxing Hurun world top 500 with a value of 591 billion yuan, but the company ranks eighth in the list.
In 2010, Byd Company Limited(002594) released the first corporate responsibility report, changing the traditional mode of energy consumption through Cecep Solar Energy Co.Ltd(000591) power station (power generation), energy storage power station (power storage) and electric vehicle (power consumption), improving the environment and realizing human sustainable development. As of December 2020, Byd Company Limited(002594) has provided employment opportunities for more than 220000 people around the world. In the main overseas production bases of Byd Company Limited(002594) , the localization rate of overseas employees has reached 96%. By the end of 2020, Byd Company Limited(002594) epidemic prevention materials have been delivered to more than 80 countries and regions around the world.
In addition, enterprises that have done well in poverty-free include Alibaba, Tencent, Haier Smart Home Co.Ltd(600690) , Huawei, Ping An Insurance (Group) Company Of China Ltd(601318) insurance, country garden, Midea, JD, Taikang Insurance, Byd Company Limited(002594) , Xiaopeng automobile and bytecom.
Enterprises with better gender equality include ping an good doctor, Aier Eye Hospital Group Co.Ltd(300015) , China China Minsheng Banking Corp.Ltd(600016) , Heng’an, Dali food, Lbx Pharmacy Chain Joint Stock Company(603883) pharmacy, Anta, Ctrip, Shenzhou International and youzan.
Enterprises with good health and well-being include Joincare Pharmaceutical Group Industry Co.Ltd(600380) pharmaceutical, Ping an good doctor, Yili, Muyuan Foods Co.Ltd(002714) , Fosun international, Taikang Insurance, Skshu Paint Co.Ltd(603737) , Haier Smart Home Co.Ltd(600690) , Aier Eye Hospital Group Co.Ltd(300015) , Baiji Shenzhou, nongnongshan spring, Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) .
“There are not many relevant data, so making this list is quite difficult.” Hurun concluded that the list has set 40 scoring points and hopes to expand to more than 50 next year. For example, the goal of poverty-free will introduce the amount of per capita donations and the measures of financial enterprises to provide loans to small, medium and micro enterprises
(source: Shanghai Securities News)
