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ANTA Sports' MSCI ESG rating has risen two levels to BBB
Showcases the Company’s outstanding achievements in sustainable development
(Hong Kong SAR, 21 February, 2024) – ANTA Sports Products Limited ("ANTA Sports" or the "Company", stock codes: 2020 (HKD counter) and 82020 (RMB counter), and its subsidiaries collectively the "Group"), is pleased to announce that MSCI, a reputable international index provider, has released the latest Environmental, Social, and Governance (ESG) rating results, and with its outstanding performance in ESG, ANTA Sports has seen its MSCI ESG rating rise by two levels to "BBB", making it the highest-scoring Chinese sportswear company. ANTA Sports has shown improvement in all seven areas covered by the MSCI ESG rating, with the most significant progress observed in chemical safety, labor management and raw material sourcing. These advancements reflect the Group's dedicated efforts, including its commitment to gradually reduce and eventually eliminate the use of harmful and restricted chemicals, the 100% use of leather materials certified by the Leather Working Group Gold Standard on ANTA and FILA footwear products, thus ensuring traceability to their origin, as well as its commitment to follow the international standards as a member of the United Nations Global Compact (UNGC) and United Nations Women's Empowerment Principles (WEPs), aligning with internationally recognized human rights policies and promoting an inclusive and diverse corporate culture.
Lai Shixian, Co-CEO of ANTA Sports, said, "We are delighted with ANTA Sports' exemplary performance in the MSCI ESG assessment, which demonstrates the Group's determination and fruitful results in integrating ESG into our strategic development. ANTA Sports is committed to leading sustainable development standards within the industry, from R&D and production processes to the sourcing of raw materials. ESG and sustainable development will continue to play a significant role in our future development plans. Looking ahead, ANTA Sports will continue to create value through mutualism with consumers, partners, the environment, society, and our employees, driving sustainable development and upholding our social and environmental responsibilities, while actively advancing the Group's '1+3+5' sustainable strategic goals."
As an industry leader, ANTA Sports established a Sustainability Committee to ensure active participation in sustainability issues at the board level. The Company continues to strengthen its corporate governance practices and improve its ESG governance structure. ANTA Sports adheres to the principle of "Value Creation Through Mutualism", leading the industry, business partners and consumers towards a sustainable future through the core values of "Mutualism with Consumers", "Mutualism with Partners", "Mutualism with Employees", "Mutualism with the Society", and "Mutualism with the Environment". Furthermore, ANTA Sports actively pursues growth opportunities in innovative products, green supply chains, environmental protection and public welfare, and other areas that align with the shareholders' interests, in order to achieve high-quality and robust sustainable development.
MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data and technology, MSCI powers better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. The MSCI ESG rating aims to assess a company's level of risk exposure and management capabilities in areas such as ESG. It also compares companies within the same industry to identify leaders and laggards in managing these risks. The assessment scope covers seven major areas. The rating is applicable to stocks, fixed-income securities, loans, mutual funds, ETFs, and countries.
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About ANTA Sports
ANTA was established in 1991, while ANTA Sports Products Limited, a widely recognized global sportswear company, was listed on the Main Board of HKEx in 2007 (Stock Codes: 2020 (HKD counter) and 82020 (RMB counter)). The vision of the company is to integrate the sports spirit of “Going Beyond Oneself” into everyone’s daily life. ANTA Sports principally engage in design, development, manufacturing, marketing and sales of professional sports products including shoes, apparel and accessories. Over the years, the company formed three brand groups: Performance Sports Brands, Fashion Sports Brands and Outdoor Sports Brands, empowering everyone who loves sports. By embracing an all-round brand portfolio including ANTA, FILA, DESCENTE and KOLON SPORT, ANTA Sports aims to unlock the potential of both the mass and high-end sportswear markets. ANTA Sports is also the largest shareholder of Amer Sports Inc., a global group of iconic sports and outdoor brands, including Arc’teryx, Salomon, Wilson, Peak Performance, and Atomic, whose shares are listed on the New York Stock Exchange (NYSE: AS).
IR website: http://ir.anta.com
WeChat official account: antatiyu_20070710
For further information, please contact:
ANTA Sports Products Limited
Investor Relations Department
Tel: (852) 2116 1660
Fax: (852) 2116 1590
E-mail: ir@anta.com.hk
Citigate Dewe Rogerson
Linda Pui / Jobie Cheung
Tel: (852) 3103 0118 / (852) 3103 0107
Email: AntaSportsIR@citigatedewerogerson.com