MGM China Holdings Limited (MGM China) announced its selection as a constituent of the Hang Seng Corporate Sustainability Benchmark Index (HSSUSB) for the third consecutive year, recognizing its outstanding performance in environmental, social, and governance (ESG) practices.
MGM China also ranked in the top 50 best-in-class ESG performers out of 550 listed companies assessed and honorably included in The Hang Seng ESG 50 Index this year. The Company is also proud to be the only Macau-based company included as a constituent member of the Hang Seng Corporate Sustainability Index Series and attained rating of A in the sustainability assessment.
MGM China has made significant efforts to achieve excellent ESG performance. The Company’s firm commitment to sustainability in its operations and reporting with integrity has been recognized with the Best GRI Report at the 2023 Hong Kong ESG Reporting Awards.
Kenneth Feng, President and Executive Director of MGM China Holdings Limited said, “MGM endeavors to continue working towards the realization of our Sustainability Vision ‘Create a Better Tomorrow Today’ by considering the impact of every decision we made, which leads us to shape a more sustainable future for our business, the community and Macau. We strive to strengthen our sustainability governance with the continuous enhancement of our sustainability framework and strategic pillars in business operations and stakeholder engagement, to benefit the people and environment in Macau as well as the Greater Bay Area.”
The HSSUSB, part of the prestigious Hang Seng Corporate Sustainability Index Series, provides an objective and reliable benchmark for sustainability investments. Only the top 20% of securities with the highest sustainability performance score would be selected as constituents of the Index.
The seven aspects rated by the assessment framework include: corporate governance, human rights, labor practices, environment, fair operating practices, consumer issues, and community involvement and development. Review for this assessment is conducted annually and by invitation only.
