MSCI Upgrades China State Construction International’s ESG Rating to BBB, Leading China’s Construction Industry
2025.08.14
Recently, the latest annual ESG rating for China State Construction International Holdings Limited (hereinafter referred to as "China State Construction International" or the "Company", Stock Code: 3311.HK) was announced. The Company’s ESG rating was upgraded from B to BBB, a two-level leap that places it at the forefront of the construction and engineering industry in China.
MSCI ESG ratings evaluate companies based on publicly disclosed performance across three major dimensions: Environmental (E), Social (S), and Corporate Governance (G). The assessment covers key issues, including clean technology opportunities, health and safety, and corporate governance. According to statistics, only 1.43% of companies worldwide achieved multi-level upgrades in MSCI ESG ratings in 2024. This significant improvement reflects strong recognition by international capital markets of China State Construction International’s sustainable development practices.
The Company actively responds to global climate initiatives, deeply promoting green, low-carbon, and high-quality development while continuously enhancing its ESG governance system and transparency of information disclosure. Through driving green building, smart construction, and innovation in construction technology, the Company solidifies its sustainable competitive advantage within the industry and sets a benchmark for Chinese construction enterprises’ ESG image in international capital markets.
Apart from MSCI, the Company has been selected as a constituent of the FTSE4Good Index for the ninth consecutive year. It was also rated AA—the highest within the industry—in ESG rankings by China Chengxin Green Finance and Wind ESG. The Company’s sustained leadership across diverse rating systems highlights its solid sustainable management capabilities and outstanding performance.
Looking ahead, the Company will continue to strengthen its sustainability strategy, focusing on green construction, intelligent transformation, and governance optimization. It aims to meet market and societal expectations with even higher standards, setting new industry benchmarks and contributing to high-quality development.
About MSCI Inc.
MSCI Inc. is a leading global provider of critical decision-support tools and services for the investment community, headquartered in New York, USA. Its ESG Ratings are designed to measure a company’s resilience to financially relevant, industry-specific environmental, social, and governance (ESG) risks and opportunities. Broadly adopted by major global asset managers, these ratings serve as an important basis for constructing sustainable investment portfolios.
The MSCI ESG Rating Framework comprehensively assesses companies’ risk management capabilities and disclosure quality across Environmental (E), Social (S), and Governance (G) dimensions. Assessments draw on a combination of publicly available data, company disclosures, and alternative data sources, and references international standards, such as the United Nations Global Compact, Global Reporting Initiative (GRI), the Paris Agreement, and Sustainability Accounting Standards Board (SASB), while incorporating industry-specific risk frameworks. In the Construction & Engineering industry, MSCI places particular emphasis on Governance, Health & Safety, and Opportunities in Clean Tech. MSCI uses a rules-based methodology that assigns letter ratings from CCC (lowest) to AAA (highest) across seven rating levels, with annual updates or dynamic adjustments following significant ESG events.