Tigermed Achieves MSCI AAA ESG Rating, Setting Industry Benchmark for Sustainability and Governance
- Tigermed achieved an MSCI AAA ESG Rating, showcasing its leadership in sustainable business practices and risk resilience.
- The AAA rating highlights Tigermed's effective integration of ESG principles, setting a benchmark for industry excellence.
- Tigermed's recognition by MSCI emphasizes its commitment to sustainability and responsible corporate behavior in healthcare.
Tigermed Achieves Prestigious MSCI AAA ESG Rating: A Testament to Commitment and Leadership
Tigermed, a leading enterprise headquartered in Hangzhou, China, recently earns an MSCI Environmental, Social, and Governance (ESG) Rating of AAA, the pinnacle of recognition in the ESG landscape. This remarkable achievement underscores Tigermed's dedication to sustainable business practices and its resilience against long-term risks. The AAA rating reflects the company's effective integration of ESG principles into its core operations, positioning it as a benchmark for excellence in the industry. This accolade not only highlights Tigermed's commitment to sustainability but also serves as a beacon for other companies striving to enhance their ESG performance.
In pursuit of its environmental goals, Tigermed establishes science-based targets for greenhouse gas emission reductions, validated by the Science Based Targets initiative (SBTi). The implementation of a comprehensive environmental management system, coupled with the adoption of green office initiatives, showcases its proactive approach towards sustainability. These measures are crucial in mitigating the company's environmental impact and demonstrate Tigermed's forward-thinking strategy in adapting to the global call for climate action. By aligning its operational practices with scientific benchmarks, Tigermed sets a precedent for responsible corporate behavior in the healthcare sector.
Beyond environmental initiatives, Tigermed emphasizes its social responsibility through substantial investments in employee training and development. In 2024, the company allocates 39.997 million yuan to training programs, averaging a remarkable 99.48 hours per employee. This commitment not only fosters a skilled workforce but also promotes gender equality and diversity within its ranks. Furthermore, the Hangzhou Tigermed Foundation plays a pivotal role in the company’s philanthropic efforts, focusing on medical assistance, education support, and poverty alleviation. These initiatives significantly contribute to rural revitalization, reflecting Tigermed’s holistic approach to corporate social responsibility and community engagement.
In addition to its environmental and social commitments, Tigermed strengthens its corporate governance framework. The board of directors oversees all ESG-related matters, while the Compliance and ESG Committee, led by the General Manager, ensures that ESG performance is integrated into the executive compensation structure. This alignment reinforces accountability and commitment to ethical practices throughout the organization. All employees participate in comprehensive business ethics training, and new suppliers are required to adhere to a Supplier Code of Conduct, further solidifying Tigermed's dedication to responsible and sustainable business operations.
Tigermed's recent MSCI AAA ESG rating not only reflects its commitment to superior ESG practices but also sets a high standard for the industry. By intertwining environmental sustainability, social responsibility, and robust governance, Tigermed positions itself as a leader in ESG excellence, paving the way for a more sustainable future in the healthcare sector.