Governance is the foundation on which we are building our commitment to a sustainable future. It helps us reduce risks and provide an efficient operating environment for the long-term development of the Company.

We aim to incorporate environmental, social and governance (ESG) solutions into all aspects of our operations and management, so we can support low-carbon concepts and environmental protection, innovation-driven growth, the professional development of our employees, and societal issues.

In March 2022, the Company officially renamed the Strategy Committee under the Board as the “Strategy and ESG Committee” to improve the governance structure to support ESG. In April 2022, the Company’s ESG Committee and ESG Office were officially established.

With the continuous improvement of the ESG governance system, the Company has created more social value and has been widely recognized by society. In 2022, the Company’s MSCI ESG rating was upgraded to A.

For further information about CICC's approach to corporate governance, please visit our Corporate Governance page.