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NetDragon's rating has been elevated to 'BBB'

In a noteworthy development, global internet community leader NetDragon has experienced a significant boost in its Environmental, Social, and Governance (ESG) rating. The internationally acclaimed MSCI index institution upgraded NetDragon's rating to BBB, highlighting the market's acknowledgment of the company's accomplishments in the ESG domain.

Of particular distinction is NetDragon's excellence in the "Privacy and Data Security" category, surpassing industry averages and earning high praise from MSCI, as reflected in its upgraded rating.

MSCI, a globally recognized provider of ESG ratings, evaluates companies' performance in environmental, social, and corporate governance. Renowned for its independence, consistency, and transparency, MSCI's coverage extends to over 8,500 companies and encompasses more than 680,000 global stocks and fixed-income securities.

As a leader in building internet communities on a global scale, NetDragon has consistently committed itself to making positive contributions to environmental protection, social responsibility, and corporate governance. In 2023, the company reached new heights in its ESG achievements. NetDragon earned a coveted spot in the inaugural "The Sustainability Yearbook 2023 (China Edition)" by S&P Global, alongside industry giants Tencent, NetEase, and Baidu, showcasing its outstanding performance in sustainable development.

Further recognition came in the form of a "low-risk" designation by reputable rating agency Morningstar Sustainalytics, placing NetDragon among the top 20% in its assessment of the software and services industry. In July, NetDragon received the "Gaming Company with Outstanding Social Responsibility" award from People’s Daily Online for the fifth consecutive year.

Looking ahead, NetDragon remains committed to building on its robust ESG foundation, striving to enhance its ESG performance and create long-term, sustainable value for society and the environment.

Source: adapted from an article by Kürşat Zaman, Writer for Mobidictum.

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