JCN Newswire
Read More

MHI Receives MSCI’s ESG Rating of “AA” for the First Time

ruth
2 minutes

TOKYO, Jul 13, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has received an ESG Rating of "AA" from MSCI(Note) for the first time. The new 2022 rating represents an upgrade from the Company's previous "A" rating, and it demonstrates the high assessment MSCI accords to MHI's ESG initiatives.MSCI's ESG Ratings are given in seven ranked grades in descending order from AAA to CCC, based on the firm's analysis of a company's initiatives relating to environmental, social and governance issues. MSCI's ESG Ratings serve as a global index for making ESG investments.MHI is currently selected for inclusion in all four of the ESG investment indices used by Japan's Government Pension Investment Fund (GPIF), which is the largest pension fund in the world: FTSE Blossom Japan Sector Relative Index, MSCI Japan ESG Select Leaders Index, MSCI Japan Empowering Women Index (WIN), and S&P/JPX Carbon Efficient Index. The Company is also included in the Asia Pacific Index of the Dow Jones Sustainability Index (DJSI), one of the world's leading ESG stock investment indices.Going forward, MHI will continue to harness the power of technology to develop solutions to th...

EQS Newswire

EQS-News: CICC Initiates Sirnaomics (2257.HK) at Outperform Rating with Target Price of HKD106.00

aseanpr
2 minutes

EQS-News / 04/07/2022 / 17:56 UTC+8 CICC Initiates Sirnaomics (2257.HK) at Outperform Rating with Target Price of HKD106.00   China International Capital Corporation (CICC) initiates coverage of Sirnaomics at “Outperform” rating, with a target price of HKD106.00. CICC said, Sirnaomics is an RNA therapeutics pioneer in China. RNA therapeutics is a rapidly growing field with potential in various indications. Sirnaomics has disclosed over 15 candidates, including two in the clinical stage. STP705 is a siRNA candidate acting as dual TGF-β1/COX-2 inhibitor for local administration. CICC expect STP705 to be marketed in the US in 2024 and in China in 2025, and generate global risk adjusted peak sales of US$617mn in 2031. STP707 is a siRNA candidate also targeting TGF-β1/COX-2 but with potential for systemic administration. CICC expect STP707 to be marketed in 2026 and we estimate it will generate global risk adjusted sales of US$376mn by 2037. Sirnaomics owns proprietary RNA delivery platforms to solve principal challenges to RNAi therapeutics. Sirnaomics has proprietary polypeptide nanoparticle (PNP) and novel N-acetyl galactosamine (GalNAc) delivery platforms. PNP delivery platform...

ACN Newswire

Moody’s upgrades Lenovo Group (00992.HK) to “Baa2”; outlook “stable”

indie
2 minutes

HONG KONG, Mar 7, 2022 - (ACN Newswire via SEAPRWire.com) - Moody's has upgraded the issuer rating and senior unsecured rating of Lenovo Group (00992.HK) to "Baa2" from "Baa3", and has revised the outlook to "stable" from "positive", according to China Securities Journal.Currently, all three major international credit rating agencies have assigned a more positive investment rating to Lenovo Group. In addition to Moody's, Fitch affirmed Lenovo's rating at "BBB" with a "stable" outlook earlier, and S&P affirmed Lenovo's rating at 'BBB-' with a "positive" outlook in July 2021.Moody's said, "The rating upgrade reflects Lenovo's improved credit profile in terms of leverage, driven by debt reduction and a higher level of EBITDA. We believe the company will sustain its improved credit profile through maintaining its leading market position in personal computers (PCs), supported by steady global demand for PCs. In addition, we expect the company's continued disciplined financial management will help it to maintain its excellent liquidity and improve debt leverage."The rating upgrade followed Lenovo's third quarter earnings announcement for fiscal 2021/22, Securities Daily reported. Len...

JCN Newswire
Read More

MHI Receives Silver Rating in EcoVadis 2022 Sustainability Survey for Third Consecutive Time

ruth
2 minutes

TOKYO, Feb 28, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has received a "Silver" rating in the 2022 sustainability assessment conducted by EcoVadis, an international evaluation organization based in France. This is the third consecutive time that MHI has received this rating, conferred to companies with an overall score in the top 25%. Amid the growing demands placed on companies to address the UN Sustainable Development Goals (SDGs) and other global social issues, this rating reflects a high regard for MHI Group's initiatives in the four criteria categories of Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.EcoVadis provides buyer companies with evaluation data on the sustainability measures of more than 85,000 companies from 200 industries in 160 countries via a global cloud-based platform. Many global companies refer to these ratings when selecting a supplier. Through this rating, MHI Group has been able to enhance its presence in global markets as a sustainable supplier.On October 1, 2021, MHI Group established a new "Materiality Council" and "Sustainability Committee" to support the dual aims of achieving a sus...

ACN Newswire
Read More

DigitalX Bitcoin Fund Secures Investment Grade Rating

indie
3 minutes

PERTH, AU, Dec 20, 2021 - (ACN Newswire via SEAPRWire.com) - DigitalX Limited (ASX: DCC, 'DigitalX' or 'the Company') is pleased to announce that the DigitalX Bitcoin Fund (ISIN: AU60BQC79571) has received an investment-grade research rating from well-known and respected investment research house, SQM Research. The investment-grade rating on the Company's Bitcoin Fund represents a significant milestone in that it is the first research-rated digital asset fund in Australia.Highlights- DigitalX Bitcoin Fund becomes the first digital asset fund in Australia to receive an investment-grade rating- The Fund has been issued with an investment-grade rating after the review process by SQM Research, one of Australia's most recognised and respected research houses- The investment-grade rating opens additional distribution channels for wealth managers and financial advisors to offer the DigitalX Bitcoin Fund to their clients- Represents a significant milestone for mainstream adoption of digital assets in the Australian investment and wealth management industryAs part of the research rating process, the Fund has been reviewed on a number of key principle areas including strategy, team, performa...

JCN Newswire
Read More

All-New Outlander Earns Highest Safety Rating from IIHS in the US

ruth
3 minutes

TOKYO, Sep 9, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors Corporation (MMC) announced that the gasoline model of the all-new Outlander has earned the highest safety rating, TOP SAFETY PICK+ (TSP+)1, from the Insurance Institute for Highway Safety (IIHS)2 in the United States.All-New OutlanderThe award applies to U.S. specification vehicles built after June 2021, after which the company made an adjustment to headlight aiming. The all-new Outlander was recognized for its high level of collision safety performance and preventive safety performance in the IIHS crash-worthiness evaluations, front crash prevention tests and headlight evaluation. Introduced in North America in April 2021, the all-new Outlander crossover SUV offers advanced driver assistance systems to increase driver convenience, confidence and safety. MI-PILOT Assist3, 4 integrates Adaptive Cruise Control (ACC) and Lane Keep Assist (LKA), and supports driving operation by maintaining following distance and keeping the vehicle near the center of the lane. Vehicles equipped with the navigation link system use the curve information on the map to automatically adjust the vehicle speed and reduce the burden on...

ACN Newswire

China Medical System (00867.HK) MSCI-ESG Rating Upgraded to AA, Reaching Global Level

indie
2 minutes

HONG KONG, Dec 22, 2020 - (ACN Newswire) - On December 17, the largest index provider, Morgan Stanley Capital International (MSCI) updated a report on the ESG (Environmental, Social and Governance) rating for China Medical System Holdings Limited ("China Medical System"), a well-established, innovation-driven specialty pharma with a focus on sales & marketing in China. According to the report, China Medical System's ESG rating has been upgraded from "BBB" to "AA", surpassing 88% of companies in the global pharmaceutical industry, and symbolizing that the Company has reached a leading level among its global peers in ESG management.In the report, MSCI recognized China Medical System's outstanding performance in Corporate Governance, Corporate Behavior, Product Safety and Quality, Human Capital Development and Access to Health Care, and commented: "Leads peers in business ethics and talent management practices". MSCI also gave a positive assessment of the Company's Corporate Behavior, "China Medical System has evidence of detailed policies on business ethics and corruption".There are seven levels of the MSCI-ESG rating, from the highest to the lowest are: AAA, AA, A, BBB, BB, B an...

ACN Newswire

China Medical System (00867.HK) MSCI-ESG Rating Upgraded to AA, Reaching Global Level

indie
2 minutes

HONG KONG, Dec 21, 2020 - (ACN Newswire) - Morgan Stanley Capital International (MSCI) issued a report on December 17 upgrading the ESG (Environmental, Social and Governance) Rating for China Medical System Holdings Limited ("China Medical System"), a well-established, innovation-driven specialty pharma with a focus on sales & marketing in China. China Medical System's ESG Rating has been upgraded from "BBB" to "AA", surpassing 88% of companies in the global pharmaceutical industry, symbolizing that the Company has attained a level among its global peers in ESG management.MSCI recognized China Medical System's outstanding performance in Corporate Governance, Corporate Behavior, Product Safety and Quality, Human Capital Development, and Access to Health Care, noting that the Company "Leads peers in business ethics and talent management practices". MSCI also gave a positive assessment of the Company's Corporate Behavior, "China Medical System has evidence of detailed policies on business ethics and corruption".There are seven levels of the MSCI-ESG Rating, from the highest to the lowest are AAA, AA, A, BBB, BB, B, and CCC. Among them, companies with AA or AAA ratings are consider...

JCN Newswire
Read More

MHI Again Receives EcoVadis Silver Rating for Overall Sustainability

ruth
3 minutes

TOKYO, Oct 20, 2020 - (JCN Newswire) - For the second consecutive year, Mitsubishi Heavy Industries, Ltd. (MHI) has been awarded a Silver rating for overall sustainability from EcoVadis, the independent French platform that regularly assesses corporate supply chains. At a time when the pursuit of the Sustainable Development Goals (SDGs) has become a global focus of universal concern, EcoVadis gave high marks to MHI Group for its initiatives in promoting sustainability throughout its supply chain in all four criteria categories: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.In receiving a Silver rating, which is second only to Gold, MHI Group places within the top 24% of all companies evaluated by EcoVadis. Among manufacturers of general-purpose machinery, the rating puts MHI Group in the upper 16%.EcoVadis, working through its cloud-based platform, provides buyer companies with evaluative data pertaining to suppliers' SDGs initiatives. To date, it has evaluated more than 45,000 companies worldwide.Through the years, MHI Group has proactively undertaken diverse initiatives in each aspect of ESG (environmental, social, and governance) investment in a ques...