HANGZHOU, China, Dec. 8, 2021 /PRNewswire/ -- NetEase, Inc.
("NetEase" or "the Company," NASDAQ: NTES; HKEX: 9999), one of
China's leading internet and
online game services providers, is pleased to announce that Morgan
Stanley Capital International ("MSCI") has upgraded its MSCI ESG
Rating to "A," surpassing 75% of the companies in the global media
and entertainment industry. According to MSCI's latest ESG ratings,
NetEase received outstanding scores for its ESG initiatives in the
areas of "privacy and data security" and "human capital
development" among global peers. The reconfigured ratings also
noted NetEase's improvement in "carbon emissions" and "governance"
areas, further recognizing NetEase's commitment and efforts to
incorporate environmental and social responsibilities into the
Company's strategies and
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. An MSCI ESG Rating
is designed to measure a company's resilience to long-term,
industry material environmental, social and governance (ESG) risks.
The upgrade of NetEase's ESG rating from "BBB" to "A" acknowledges
NetEase's commitment to and implementation of its ESG goals.
As a leading internet technology company, NetEase attaches
significant importance to promoting all aspects of ESG 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 throughout its corporate governance
and operations. The new MSCI Rating identified that NetEase has
established detailed policies and contingency plans, such as its
Policy on Data Security and the NetEase Information
Security Incident Contingency Plan, to enhance information
security and promote data protection. The new rating also
recognized NetEase's efforts to provide employees with a
professional development path with its extensive talent training
In addition to its upgrade from MSCI, NetEase also received
recognition from other global ESG raters. In 2021, NetEase scored
39 points on the Dow Jones Sustainability Indices (DJSI),
representing a 117% increase from
its score in 2020. On Sustainalytics' ESG risks assessment scale,
NetEase received a score of 14.9 points, indicating a low level of
ESG risk. With recognition from many of the prominent global ESG
rating agencies, NetEase has solidified its leading position in ESG
management among its peers.
NetEase was also included in the FTSE Emerging ESG Low Carbon
Select Index and FTSE Asia (ex Japan) Emerging ESG Low Carbon Select Index on
September 17, 2021, which encompassed
407 and 379 companies, respectively.
NetEase is dedicated to continuously improving its
sustainability performance by further refining its policies and
practices and by strengthening its ESG information disclosure
procedures. As a responsible corporate citizen, NetEase remains
steadfast and will continue to fulfill its commitment to its
customers, investors, employees and communities to operate in a
About NetEase, Inc.
As a leading internet technology company based in China, NetEase, Inc. (NASDAQ: NTES; HKEX:
9999) is dedicated to providing premium online services centered
around innovative and diverse content, community, communication and
commerce. NetEase develops and operates some of China's most popular mobile and PC-client
games. In more recent years, NetEase has expanded into
international markets including Japan and North
America. In addition to its self-developed game content,
NetEase partners with other leading game developers, such as
Blizzard Entertainment and Mojang AB (a Microsoft subsidiary), to
operate globally renowned games in China. NetEase's other innovative service
offerings include the intelligent learning services of its
majority-controlled subsidiary, Youdao (NYSE: DAO); music
streaming through its leading NetEase Cloud Music (HKEX:
9899) business; and its private label e-commerce platform,
Yanxuan. For more information, please visit:
Tel: (+86) 571-8985-3378
Tel: (+86) 571-8985-2668
SOURCE NetEase, Inc.