Finance

NetDragon's ESG Rating Climbs to 'BBB' by MSCI

Published December 30, 2023

HONG KONG, Dec. 29, 2023 /PRNewswire/ -- NetDragon Websoft Holdings Limited (NetDragon), a preeminent entity in the realm of online community creation, today shared exhilarating news with investors and stakeholders alike. An upgrade in its ESG (Environmental, Social, and Governance) rating to 'BBB' has been conferred upon NetDragon by MSCI, underscoring the company's commitment to sustainable yet progressive business practices. This improvement in ESG standing reflects an enhanced perception of risk management and corporate responsibility within NetDragon's operational framework.

Implications of the MSCI ESG Rating Upgrade

The ESG rating upgrade by MSCI, a well-known provider of critical decision support tools and services for the global investment community, signifies an auspicious development for NetDragon Hong Kong Stock Code: 777. Moving up the ESG scale to a 'BBB' rating not only represents NetDragon's dedication to environmental stewardship, social responsibility, and exemplary governance but also may potentially bolster investor confidence and unlock access to capital from increasingly ESG-focused investment funds.

NetDragon's Sustainable Endeavors

NetDragon's elevation in its ESG rating manifests the fruits of its labor in integrating sustainable practices throughout its operations. The company has been proactive in deploying strategies that align with global sustainability trends, fostering robust community engagements, and adhering to governance frameworks that fulfill its responsibility to shareholders and the wider community.

NetDragon, ESG, MSCI