Country for PR: China
Contributor: PR Newswire Asia (China)
Monday, February 07 2022 - 19:31
AsiaNet
Xinhua Silk Road: Master Kong wins 2021 Hong Kong Corporate Governance and ESG Excellence Award
BEIJING, Feb. 7, 2022 /PRNewswire-AsiaNet/ --

Chinese food and beverage giant Master Kong, also known as Tingyi Holding 
Corp., has recently won the Hong Kong Corporate Governance and Environmental, 
Social and Governance (ESG) Excellence Award 2021 for excellent ESG performance.

Master Kong supports the UN's Sustainable Development Goals. After being 
selected as an outstanding case in a report issued by the United Nations 
Development Programme, Master Kong has become a participant of the United 
Nations Global Compact.

"Master Kong has been founded for nearly 30 years with the mission of 
'promoting Chinese food culture' and the philosophy of 'operating sustainable 
business and giving back to society'. Besides, the company believes that solid 
corporate governance plays a vital role in advancing the company's long-term 
development and shining its corporate value," said Ms. TSENG Chien, executive 
director of Master Kong.

Master Kong believes "Sustainable Development is Good Development", and sets 
"Keep Our Nature Green" as its sustainability strategy, and keeps on working 
hard to become "A Respected Enterprise", Mr. Frank Wang, executive vice 
president of CEO Office of Tingyi Holding Corp., said at a roundtable 
discussion on "Green and Low-carbon Economy Transformation" during the 4th 
China International Import Expo, adding that Master Kong carried out a series 
of work on energy saving and carbon reduction by promoting green development in 
supply chain transformation, developing healthy and nutritious products, and 
educating young consumers with sustainable lifestyle.

Besides, Master Kong has devoted itself to shouldering more social 
responsibility in China. The company donated anti-COVID-19 material supplies to 
837 hospitals in 26 provinces and 299 cities nationwide, and provided over 1.2 
million pieces of flood-relief supplies to the flood-hit central province of 
Henan to support flood relief and post-disaster reconstruction.

Mr. Richard Chen, CEO of Master Kong, said in a roundtable dialogue at the 2020 
Boao Forum for Entrepreneurs, "As a national brand and a listed company, Master 
Kong will continue to explore and improve its performance in sustainable 
development, and share the happiness brought by 'Life+ Delicacy' with all 
stakeholders".

Inaugurated in 2007, the Awards, designed to encourage improvement in corporate 
governance and ESG of listed companies in Hong Kong, are conferred annually by 
the Chamber of Hong Kong Listed Companies and the Centre for Corporate 
Governance and Financial Policy, Hong Kong Baptist University.

Original Link: https://en.imsilkroad.com/p/326019.html 
SOURCE: Xinhua Silk Road



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