Country for PR: China
Contributor: Xinhua News Agency
Wednesday, August 19 2020 - 19:22
AsiaNet
China Eastern ranked among top global airlines in MSCI ESG rating
SHANGHAI, August 19, 2020 /Xinhua-AsiaNet/--

China Eastern Airlines Holding Limited ("China Eastern" for short) got the A 
rating in the latest ESG (Environmental, Social and Governance) criteria, 
according to global index compiler MSCI.

China Eastern and five other airlines, including Delta Air Lines and Singapore 
Airlines, beat 74 percent of global airline companies and tied for first place 
in the rating, which included 18 airlines around the world.

According to the report from MSCI, China Eastern scored higher than the 
industry average in terms of substantive issues such as corporate governance, 
carbon emission, as well as privacy and data security. China Eastern has shown 
the best practice among global airlines in carbon emission, privacy protection 
and data security.

Against the backdrop of global warming, China Eastern has been trying to 
enhance fuel efficiency and create greener flights by adopting energy 
conservation methods based on informatization and marketization. After over 2 
years efforts, China Eastern's fleet reduced fuel consumption per ton-kilometer 
by 4.3 percent in 2019 from that in 2017.

To guarantee passengers' privacy security and data protection, China Eastern 
starts from top-level design to strengthen risk prevention and control in such 
aspects as cyber security, compliance with relevant regulations, and personal 
information protection.

The company has comprehensively upgraded the its privacy policies of all 
service channels, and have relevant policies and rules passed international 
standards for information security ISO27001 and be validated by international 
service management system.

China Eastern has released social responsibility report to reveal its ESG 
performance in a transparent and comprehensive way to the public for 12 
consecutive years. The company attaches great importance to respond to in its 
social responsibility report the issues MSCI ESG focuses on and enhances 
information transparency regarding certain topics based on the MSCI ESG report 
so as to meet the capital market and the public's expectations on its ESG 
performance.

China Eastern has also made considerable achievements in social 
responsibilities, poverty alleviation and staff care. The company has carried 
out many poverty alleviation projects in 17 consecutive years, covering fields 
including aviation, education, medical services, and industrial consumption. It 
has accumulatively input  over 57 million US dollars into these projects. So 
far, China Eastern has helped 75943 people in nine villages of two counties 
shake off poverty.

Source: China Eastern Airlines Holding Limited