Fosun International Wins Multiple Awards for Excellence in Corporate Governance and ESG Practices
Fosun International Shines at the 15th Asian Excellence Awards
On June 30, 2025, Corporate Governance Asia awarded Fosun International Limited, INCLUDING their Executive Directors, Chen Qiyu and Xu Xiaoliang, multiple honors at the prestigious 15th Asian Excellence Awards. Among the significant accolades bestowed were the titles of Asia's Best CEO, the Sustainable Asia Award 2025, the Best Environmental Responsibility Award, and the Best Corporate Communications Award.
Corporate Governance Asia, a highly regarded publication renowned for its insights into corporate governance practices in the Asia Pacific region, celebrated these awards as a recognition of superior leadership both in business performance and environmental, social, and governance (ESG) initiatives. Several prominent companies, such as Sino Land and Bank of China, were also recognized, affirming Fosun's stature among industry leaders.
A Commitment to Sustainable Practices
Fosun's strategic focus in 2024 allowed them to navigate the turbulent business landscape, demonstrating solid operational resilience and commitment to enhance management practices. Under the leadership of Chen Qiyu and Xu Xiaoliang, Fosun not only expanded their business landscape but also prioritized sustainable development management and social responsibility. This ensured continuous improvement in their ESG performance while leveraging their global industrial ecosystem.
In a statement, Chen emphasized the collective effort of the entire Fosun team, recognizing that these honors are reflections of shared dedication toward sustainability. He highlighted the establishment of a robust “top-down” ESG management framework, which significantly influences the performance evaluation of executives within the organization. In addition, he stressed Fosun's relentless pursuit of innovation in various sectors, including biopharmaceuticals and consumer industries, which is pivotal for fostering a sustainable industrial ecosystem.
Globalization at the Heart of Fosun
Xu Xiaoliang reiterated that globalization is central to Fosun’s ongoing evolution. The company has expanded its footprint responsibly across over 35 countries and regions, ensuring the delivery of quality products and services while contributing to public welfare. From its inception, Fosun has embraced the motto 'Contribution to Society,' reflecting a dual mission to create commercial value and generate broader social impact.
Looking ahead, Fosun aims to align with national strategies on carbon neutrality, intensified rural revitalization initiatives, and improvements in healthcare and education, ensuring that millions of families thrive in healthier environments.
Championing Environmental Responsibility
Fosun's sustainability initiatives have earned significant recognition within the corporate governance community, reinforcing its role in promoting global environmental responsibility. The awards from Corporate Governance Asia serve as validation of Fosun’s advanced ESG strategies, which are not only crucial benchmarks for the industry but also exemplify best practices in addressing societal challenges.
Membership in the United Nations Global Compact (UNGC) since 2014 underlines Fosun’s commitment to the UN’s principles regarding human rights, labor rights, environmental sustainability, and anti-corruption measures, effectively integrating these guidelines into their sustainable development strategy. Their efforts in 2024 secured them favorable ESG ratings, underscoring their commitment amidst global economic and environmental challenges.
Fosun’s ambitions extend to ambitious carbon neutrality goals, pledging to peak carbon emissions by 2028 and achieve carbon neutrality by 2050. Adhering to international standards, they have proactively enhanced their climate action strategies, ensuring transparency of their operational impacts.
Innovation as a Catalyst for Social Contribution
Furthering innovation remains a signature strategy for Fosun. The health sector has seen significant advancements, particularly with the introduction of groundbreaking medications, such as HANSIZHUANG, that address cancer and severe malaria effectively. Fosun Pharma’s efforts have dramatically impacted global health outcomes, demonstrating measurable results in diverse healthcare areas.
In terms of fulfilling corporate social responsibility, the establishment of the Fosun Foundation has significantly enhanced efforts in various fields, including education and health. The foundation's initiatives, especially in rural healthcare support, aim to elevate community wellness through targeted programs.
In conclusion, Fosun International’s achievements are a commendable testament to its overall commitment to corporate governance and ESG principles. With its path forward paved by innovation and a dedication to social betterment, Fosun is on a strong trajectory to continue creating impactful changes on a global scale.