Macau concessionaire MGM China Holdings Limited said Monday that it has been selected as a constituent of the Hang Seng Corporate Sustainability Benchmark Index, which benchmarks Hong Kong-listed companies that perform well with respect to corporate sustainability.
According to information from the company, the constituency takes immediate effect and isbased on its outstanding performance in environmental, social and governance (ESG). MGM China has also been evaluated as one of the top 20% best-in-class ESG performers within the 517 listed companies assessed in the Index’s evaluation exercise this year, and the only Macau-based company to be included as a member of the Hang Seng Corporate Sustainability Index Series in 2023-2024, it said.
“We are committed to build for the future,” stated MGM China Chairperson and Executive Director, Pansy Ho.
“Our vision to ‘Create a Better Tomorrow Today’ is always at the forefront of our efforts to create a sustainable MGM China. With the continuous enhancement of our sustainability framework and strategic pillars, we are determined to strengthen our sustainability governance, guiding us in operating our business and working with our stakeholders to benefit the people and environment in Macau as well as the Greater Bay Area.”
Selection as a constituent of the Hang Seng Corporate Sustainability Benchmark Index is based on a robust process that includes consideration of the results from a sustainability assessment undertaken by Hong Kong Quality Assurance Agency, an independent and professional assessment body, using its proprietary sustainability assessment and rating framework. The process ensures that indexes in the Hang Seng Corporate Sustainability Index Series are objective, reliable and of high investability, making them excellent benchmarks for index funds that adopt a corporate sustainability theme.
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