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Xinhua Silk Road: Chinese securities firm Guotai Junan's MSCI ESG rating upgraded to AAA

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Xinhua Silk Road: Chinese securities firm Guotai Junan's MSCI ESG rating upgraded to AAA
Business

Business

Xinhua Silk Road: Chinese securities firm Guotai Junan's MSCI ESG rating upgraded to AAA

2024-12-24 14:49 Last Updated At:15:05

BEIJING, Dec. 24, 2024 /PRNewswire/ -- Morgan Stanley Capital International (MSCI), an international authoritative indexing organization, has recently upgraded the MSCI ESG (Environmental, Social, and Governance) rating of Guotai Junan Securities Co., Ltd. (Guotai Junan, 601211.SH) to AAA by virtue of the firm's leading practice and outstanding performance in ESG.

It is introduced that Guotai Junan has reached the industry's top AA level in mainstream ESG ratings in China, and has also reached the industry's top AAA level in mainstream MSCI ESG ratings internationally.

The company is at the forefront of the industry in corporate governance, corporate behavior, human capital development, responsible investment, privacy and data security, and financing that affects the environment.

In recent years, Guotai Junan has actively seized the opportunities of green transformation and development, formulating action plans on peaking carbon emissions and carbon neutrality and green financial services, and establishing a comprehensive ESG management system in terms of organizational structure, employee training, performance evaluation, system development, and information disclosure to continuously deepen ESG and sustainable development work.

The company has made strong efforts in 2024 in ESG and sustainable development, including joining hands with the China Construction Bank (CCB) to launch an innovative carbon-related loan business, assisting CCB in issuing 20 billion yuan of green financial bonds, formally signing the Principles for Responsible Investment (PRI) and actively promoting the comprehensive integration of ESG factors into the investment management process, setting up a green operation and social welfare working group, carrying out the "ESG and Sustainable Development" talent cultivation activities, etc.

These efforts have won many honors and awards for the company, such as the China Charity Awards, the title of "demonstration enterprise for corporate governance of state-owned enterprises" by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), the China Securities Journal ESG Golden Bull Award, etc.

Focusing on green finance, Guotai Junan will continue to deepen the practice of ESG and sustainable development, actively cultivate characteristic advantages of green finance, accelerate the construction of a world-class green modern investment bank, and contribute more to high-quality economic and social development, according to the company.

Original link:https://en.imsilkroad.com/p/343711.html

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Xinhua Silk Road: Chinese securities firm Guotai Junan's MSCI ESG rating upgraded to AAA

Xinhua Silk Road: Chinese securities firm Guotai Junan's MSCI ESG rating upgraded to AAA

Next Article

Designs For Health Inc. Held Liable For Infringement of Kaneka's Ubiquinol Patent

2024-12-25 02:31 Last Updated At:02:55

TOKYO, Dec. 25, 2024 /PRNewswire/ -- Kaneka has successfully defended its patent for stabilizing Ubiquinol. On December 20, 2024, Kaneka Corporation won its lawsuit against Designs for Health, Inc. and American River Nutrition, LLC for infringement of Kaneka's U.S. Patent No. 7,829,080 (the "'080 Patent"). The '080 Patent teaches a method of stabilizing ubiquinol against oxidation with a specific composition of chemical compounds. Ubiquinol is the reduced form of the health supplement coenzyme Q10, a powerful antioxidant that promotes cellular energy and heart health, which is more absorbable by the body than its oxidized form. Kaneka commenced its patent infringement action against defendants in 2021 in the United States District Court for the District of Delaware. 

Senior Judge William Bryson of the Federal Circuit, sitting by designation in the District Court, found that Design For Health, Inc.'s products, CoQNOL and Q10.1, which contain a formulation of ubiquinol known as DuoQuinol, infringe Kaneka's '080 Patent.  Judge Bryson also rejected defendants' arguments that the '080 Patent was invalid under Section 101 for lack of patent-eligible subject matter, Section 102 for anticipation, Section 103 for obviousness, and Section 112 for lack of written description. Judge Bryson will determine the amount of Kaneka's monetary damages next year.

"We are pleased that Judge Bryson has vindicated Kaneka's position that the '080 Patent was both infringed and valid" said Mr. Kazuhiko Fujii, President of Kaneka.  "This victory is tangible proof of Kaneka's resolve to fully enforce its patent rights, including its patents covering ubiquinol. The protection of Kaneka's patent rights is paramount to Kaneka's business. Kaneka's commitment to protecting these rights is unwavering."

Case Number: C.A. No. 21-209-WCB

Contact info: Ron Martin, Vice President, Kaneka North America - ronald.martin@kaneka.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Designs For Health Inc. Held Liable For Infringement of Kaneka's Ubiquinol Patent

Designs For Health Inc. Held Liable For Infringement of Kaneka's Ubiquinol Patent

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