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MGM China chosen as component of Hang Seng Corporate Sustainability Benchmark Index

October 10, 2023 China Casino & Hotel

MGM China Holdings Limited, a concessionaire in Macau, has been chosen as a component of the Hang Seng Corporate Sustainability Benchmark Index, which evaluates the performance of Hong Kong-listed firms in terms of corporate sustainability.

The inclusion of MGM China in the index is attributable to its excellent performance in ESG (environmental, social, and governance) criteria. It has been acknowledged as one of the top 20% best-in-class ESG performers out of the 517 listed businesses evaluated for this year’s index. The sole Macau-based business included in the Hang Seng Corporate Sustainability Index Series for 2023–2024 is MGM China.

According to MGM China Chairperson and Executive Director Pansy Ho, the firm is committed to constructing a sustainable future: “Our vision to ‘Create a Better Tomorrow Today’ is always at the forefront of our efforts to create a sustainable MGM China. With the continuous enhancement of our sustainability framework and strategic pillars, we are determined to strengthen our sustainability governance, guiding us in operating our business and working with our stakeholders to benefit the people and environment in Macau as well as the Greater Bay Area.”

Based on a thorough procedure that takes into account the findings of a sustainability assessment carried out by the Hong Kong Quality Assurance Agency, an independent assessment agency, candidates are chosen to be a component of the Hang Seng Corporate Sustainability Benchmark Index. The purpose, dependability, and suitability of the indexes in the Hang Seng Corporate Sustainability Index Series as benchmarks for index funds with a corporate sustainability emphasis are all ensured by this approach.

Related Article About: MGM China

Original story by: IAG

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