ATRenew ups ESG commitment with ambitious carbon-reduction goals
The company boosted sales of pre-owned products last year, leading to a 26% increase in its annual revenue Key Takeaways: ATRenew handled sales of more than 35.3 million pre-owned smartphones…
ATRenew’s latest ESG report shows improving carbon emissions, gender diversity
The recycling specialist showcased a continued reduction in greenhouse gas emissions intensity and its progress in other corporate responsibility efforts in its fourth annual ESG report Key Takeaways: ATRenew’s greenhouse…
How investors should read a listed company’s annual report
Annual reports can help to better understand a company’s financial position, with special attention necessary to any unusual findings in the auditor’s report By Ricky Lai It’s peak reporting…
Roma Green IPO underwhelms as investors fail to see green in its ESG story
The environment, social and governance advisory firm priced its shares at the bottom of their target range in their modest New York IPO Key Takeaways: Roma Green priced its shares…
Balancing the need for China-related risk disclosure in IPO documents
Risk factor disclosure often takes up a major part of an IPO prospectus. It would contravene basic corporate governance to remove China-related risk factors from IPO documents By Ricky…
ATRenew chases new growth with refurbishment, new Apple partnership
The recycling specialist said its sales of refurbished products more than doubled in the third quarter, as it ramps up business under its new recycling partnership with Apple Key Takeaways:…
How do companies ensure their independent directors are really independent?
The independence of Hong Kong listed companies’ independent directors is sometimes questioned, since restrictions don’t forbid certain personal relationships By A. Au Every listed company has a board whose…
Trust is key to encouraging whistleblowing
A listed company's whistleblowing policy depends most on trust levels among employees and outsiders towards the mechanism By A. Au In April, an anonymous letter about property developer China…
ATRenew takes solid steps to fuse ESG into its recycling business
The company continued to reduce the intensity of its carbon emissions last year, a key area at the heart of its ‘circular economy’ business model Key Takeaways: ATRenew’s greenhouse gas…
Breeze may be turning in Goldwind’s favor, but global investors remain cautious
The world’s biggest wind power equipment maker, once China's ‘green rush’ darling, is being abandoned by many of its big-name western investors Key Takeaways: Goldwind’s sales fell 13% in the…
Net gains: Chinese tech companies rapidly gain ground on western peers in ESG
An analysis finds a general trend of significant evolution, greater transparency, and improved performance in ESG by Chinese tech giants like Alibaba, Tencent and Baidu By Dr. Mark Watson…
SPONSORED: Tongcheng Travel Revenue Rises on Strong Accommodation and Bus Ticketing Businesses
The online travel agent’s revenue grew 5.6% in the third quarter, as average monthly paying users surged to a record high The resurgence of Covid-19 in cities across the mainland…