As one of the largest integrated water services operators in China, China Water Affairs’ water supply network covers various provinces and cities in the country. Because water services are closely related to everyday life, it carries out businesses with emphasis on “water-oriented management, compliance with laws, sustainable development and giving back to the society”. The Group is actively involved in community services and strives hard to create a harmonious environment for people and water resources.The Group is committed to fulfilling social responsibilites in environmental, social and governance. For details please refer to the Environmental, Social and Governance Report.
Environmental, Social and Governance Report
MSCI has granted the group with BBB ESG rating
The Group has established a green finance framework and received Second-Party Opinion from Sustainalytics, a leading independent ESG research and rating agency.
The Green Finance Framework ("Framework") has been developed to detail how the Group intend to issue Green Financing Transaction (GFT) to fund projects and developments that will deliver environmental benefits to support the Group’s business strategy and green and sustainability vision, particularly those related to improving the environment performance of building, landscapes and the communities in which they are located, as well as the health of their respective users.
The Sustainalytics has confirmed that the Framework is aligned with the four core components of the GBP/GLP, namely Use of Proceeds, Process for Project Evaluation and Selection, Management of Proceeds and Reporting.
Sustainable Financing Framework of Silver Dragon Water Supply Group, a Wholly Owned Subsidiary of China Water Affairs
Moody's issued a second-party opinion on the sustainable financing framework of China Water Group's wholly-owned subsidiary Silver Dragon Water Supply Group and awarded the highest score of SQS1 (Excellent) for the quality of sustainable development
MSCI issued a second-party opinion on the green financing framework of China Water Group's wholly-owned subsidiary Silver Dragon Water Supply Group.
MSCI ESG Research considers that China Water’s Green Finance Framework is robust and credible, and to be aligned with its sustainability goals and strategy. MSCI ESG Research believes that China Water’s Framework adequately addresses all the requirements of the MSCI Labeled Bond and Loan Assessment Methodology, and all the core components of the Green Bond Principles 2022 administered by ICMA, and the Green Loan Principles 2021 administered by LMA.
MSCI issued a second-party opinion on the sustainable financing framework of China Water Group's wholly-owned subsidiary Silver Dragon Water Supply Group
Last Page：Corporate Governance