HANGZHOU, China, December 8, 2021 / PRNewswire / – NetEase, Inc. (“NetEase” or “the Company”, NASDAQ: NTES; HKEX: 9999), one of from China leading providers of Internet and online gaming services, is pleased to announce that Morgan Stanley Capital International (“MSCI”) has raised its MSCI ESG rating to “A”, surpassing 75% of companies in the global media and industry. entertainment. According to MSCI’s latest ESG ratings, NetEase has received outstanding ratings for its ESG initiatives in the areas of “data privacy and security” and “human capital development” among its global peers. The reconfigured ratings also noted the improvement of NetEase in the areas of ‘carbon emissions’ and ‘governance’, further recognizing NetEase’s commitment and efforts to integrate environmental and social responsibilities into the framework. of the company strategies and operations.
MSCI is a leading provider of critical decision support tools and services to the global investment community with over 50 years of research, data and technology expertise. An MSCI ESG rating is designed to measure a company’s resilience to significant long-term environmental, social and governance (ESG) risks in the industry. The upgrading of NetEase’s ESG rating from “BBB” to “A” recognizes NetEase’s commitment and the implementation of its ESG objectives.
As a leading company in the field of Internet technologies, NetEase attaches great importance to the promotion of all ESG aspects in its operations, including corporate governance and behavior, human capital development, privacy and data security, environmental protection and corporate social responsibility, among others.
NetEase has integrated ESG into all of its corporate governance and operations. The new MSCI rating identified that NetEase has established detailed policies and contingency plans, such as its Data Security Policy and the NetEase Information Security Incident Contingency Plan, to strengthen information security and promote data protection. The new rating also recognized NetEase’s efforts to provide employees with a career development path through its comprehensive talent training programs.
In addition to its upgrade from MSCI, NetEase has also received recognition from other global ESG reviewers. In 2021, NetEase scored 39 points on the Dow Jones Sustainability Indices (DJSI), representing a 117% increase from its score in 2020. On the Sustainalytics ESG Risk Rating Scale, NetEase received a score of 14.9 points, indicating a low level of ESG risk. With the recognition of many leading global ESG rating agencies, NetEase has consolidated its leadership position in ESG management among its peers.
NetEase was also included in the FTSE Emerging ESG Low Carbon Select and FTSE Asia index (ex Japan) Emerging ESG Low Carbon Select Index on September 17, 2021, which included 407 and 379 companies, respectively.
NetEase is committed to continuously improving its sustainability performance by further refining its policies and practices and strengthening its ESG information disclosure procedures. As a responsible corporate citizen, NetEase remains steadfast and will continue to deliver on its commitment to its customers, investors, employees and communities to operate in a sustainable manner.
About NetEase, Inc.
As a leading Internet technology company based in China, NetEase, Inc. (NASDAQ: NTES; HKEX: 9999) is dedicated to delivering premium online services focused on innovative and diverse content, community, communication and commerce. NetEase develops and operates some of the from China the most popular mobile games and PC clients. In recent years, NetEase has expanded into international markets, including Japan and North America. In addition to its in-house developed game content, NetEase partners with other leading game developers, such as Blizzard Entertainment and Mojang AB (a subsidiary of Microsoft), to operate world-class games in China. NetEase’s other innovative service offerings include intelligent learning services from its majority-controlled subsidiary, Yudao (NYSE: DAO); streaming music through its main NetEase Cloud Music (HKEX: 9899) company; and its private label e-commerce platform, Yanxuan. For more information, please visit: http://ir.netease.com.
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SOURCE NetEase, Inc.