ZTE included in FTSE4Good Index Series for eighth consecutive year
* ZTE recognised for ESG initiatives that contribute to social sustainability.
* ZTE aspires to achieve sustainability and enrich communities over the long term.
ZTE Corporation (0763.HK / 000063.SZ), which positions itself as a global leading provider of ICT solutions, has recently been listed once again in the prestigious FTSE4Good Index Series, a responsible investment (RI) index of FTSE Russell, a London Stock Exchange Group company, marking its eighth consecutive inclusion. ZTE's H-share and A-share were previously included in the FTSE4Good Index Series in 2015 and 2021 respectively.
Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices.
As a frontrunner in the ICT industry, ZTE has been incorporating the ethos of sustainable development into its corporate governance and operational endeavours, continuously elevating its social responsibility performance.
During the recent years, ZTE has actively engaged in global decarbonisation and economic transformation, assuming a pivotal role in promoting green development. This May, the company expressed its participation in the Science-Based Targets Initiative (SBTi), with the aim to achieve significant reductions in greenhouse gas emissions in line with the 1.5°C temperature rise limitation pathway and ultimately reach net-zero emissions by 2050 at the latest.
In terms of shouldering corporate social responsibility, ZTE has consistently championed the ethos of Tech for Good, making sustained contributions to the betterment of global community. On the 55th World Telecommunication and Information Society Day (WTISD) this May, ZTE reaffirmed its commitment to ITU's Partner2Connect Digital Coalition, aiming to play a pivotal role in narrowing the digital divide and facilitating meaningful and sustainable connectivity, as well as driving digital transformation for people in the Least Developed Countries (LDCs).
Regarding corporate governance, ZTE lays emphasis on preventing emerging risks to solidify its position as a highly resilient organisation and has always been adhering to compliance in operation for steady business growth.
As a member of the UN Global Compact and Global Enabling Sustainability Initiative (GeSI), ZTE has proactively released its sustainability reports for 15 consecutive years. Remarkably, the company’s sustainability accomplishments have also been recognised by other leading indices and rankings, such as 2022 CDP Environmental Leadership Award, 2022 and 2023 Fortune China's ESG Influential List, 2022 Forbes World's Top Female-Friendly Companies.
To learn more about how ZTE delivers social, environmental and governance values, please visit the company’s FY22 Sustainability Report.
FTSE4Good Index Series:
Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE4Good Index Series meet a variety of environmental, social and governance criteria.
ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, its portfolio spans all series of wireless, wireline, devices and professional telecommunications services. Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. www.zte.com.cn/global