#Hong Kong #Corporate Social Responsibility #MSCI ESG #NetDragon

NetDragon Achieves an 'A' MSCI ESG Rating

In a significant development within the corporate sustainability landscape, NetDragon Websoft Holdings Limited, renowned for building vibrant internet communities, has proudly announced its upgrade in Environmental, Social, and Governance (ESG) rating from BBB to A as assessed by the globally respected MSCI. This recognition serves as a testament to the company's steadfast commitment to sustainability and responsible operations.

What is MSCI?

The MSCI ESG Ratings are an essential measure used by international investors to inform decisions on asset allocation, investment strategies, and risk assessment. MSCI evaluates more than 17,000 publicly listed companies worldwide, thereby providing an independent and transparent view of corporations' ESG performance. A solid ESG rating is increasingly vital as global financial markets prioritize social responsibility and environmental impact in their investment choices.

Significance of the Upgrade

The jump in NetDragon's ESG rating showcases its effective strategies across various sectors such as corporate governance, social responsibility, compliance management, and talent development. This achievement is anticipated to enhance NetDragon’s attractiveness in international capital markets, paving the way for broader investor engagement and supporting the organization’s long-term value.

Commitment to Social Responsibility

NetDragon has a long-standing commitment to corporate social responsibilities, striving for an intricate balance between commercial success and social benefits. The company emphasizes “AI + Education” and “Gaming + Philanthropy,” executing numerous initiatives aimed at enhancing educational accessibility and quality. Their efforts extend to supporting rural education and implementing smart educational systems across China and international markets.

Charitable Initiatives & Public Welfare

Among numerous charitable initiatives, NetDragon actively contributes to the development of educational resources and teacher training, reflecting a broader aim of democratizing access to quality education. They have integrated their gaming products into public welfare initiatives supporting cultural heritage preservation and ecological conservation, thereby broadening their social impact while engaging the public.

A Forward-Looking Approach

Looking onto the horizon, NetDragon is determined to embed sustainability deeper into its strategic planning and operational frameworks. The company plans to fortify its competitive capabilities while enhancing its social responsibility initiatives. Leveraging strengths in education, gaming, and digital innovation, NetDragon aims to advance its ESG standing further, creating lasting value for shareholders and stakeholders alike.

About NetDragon Websoft Holdings Limited

Established in 1999, NetDragon stands tall among the foremost online game developers in China, influencing millions of users with its innovative platforms. The company has attained unparalleled success with numerous game titles while diversifying into the educational technology sector both domestically and internationally. Fully embracing the potential of AI, NetDragon strives forward under the vision of “Infinite Growth”, aiming to foster a thriving user community amidst the new AI era.

Furthermore, they’ve laid a strong foundation with their US-listed subsidiary, Mynd.ai, which excels in interactive technology across 126 countries, underpinning their commitment to technological advancement in education.

In conclusion, NetDragon's impressive upgrade in its ESG rating encapsulates not just a robust performance in sustainability but also a steadfast commitment to its social responsibility ethos. As global markets evolve, NetDragon is poised to remain at the forefront of socially responsible corporate practices, continuously pushing boundaries to create long-term sustainable value for all stakeholders involved.