ESG rating results for Phoenix Media in 2024 by Shanghai Wind Information Co.

Shanghai Wind Information Co recently introduced Phoenix Media's 2024 ESG rating, upgrading it from a B in 2023 to an A. This marks Phoenix Media as China's top publishing company.

The A-grade rating this time underscores the agency's authoritative acknowledgment of Phoenix Media's practices in business performance, environmental sustainability, social responsibility, and governance.

Phoenix Media has enhanced its governance structure, consistently advanced green initiatives, expanded cultural outreach to serve the public, and sped up digital innovation. By delivering both economic and social gains, the company exemplifies the mission and responsibilities of a State-owned cultural enterprise.

Moving forward, Phoenix Media will persist in embracing sustainable development, focus on high-quality growth, and generate lasting value for employees, investors, partners, and other stakeholders.

Wind ESG rating is a prominent and influential ESG assessment system in China. It evaluates three key areas: environment, social factors, and governance. The system is subdivided into 27 topics and incorporates more than 300 specific indicators, providing a thorough overview of companies' ESG management practices.

The rating system aligns with international standards and evaluation frameworks. Using a scientific approach, it assesses the ESG risks and sustainable operational capabilities of companies, considering Chinese enterprise development characteristics and the current state of the capital market. This rating covers over 10,000 corporate entities in the Greater China Region and is a key reference for major global asset management firms' investment decisions.