Hang Seng Indexes announces results for Corporate Sustainability Index Series

Hang Seng Indexes Company Ltd (Hang Seng Indexes) has announced the results of its Hang Seng Corporate Sustainability Index Series (Corporate Sustainability Index Series) review for 2013.

Following consideration of RepuTex’s Corporate Sustainability Rating Assessment, Hopewell Holdings Ltd will be included in the Hang Seng Corporate Sustainability Index, while ANTA Sports Products Ltd is to be removed. Additions to the Hang Seng (China A) Corporate Sustainability Index include China Southern Airlines Co. Ltd and China Shenhua Energy Co. Ltd, which will replace China Vanke Co. Ltd and Tebian Electric Apparatus Stock Co. Ltd.

Three new companies will be added to the Hang Seng Corporate Sustainability Benchmark Index: Swire Properties Ltd, Pacific Basin Shipping Ltd and Bank of Communications Co. Ltd. Cheung Kong Infrastructure Holdings Ltd, Sateri Holdings Ltd and China National Materials Co. Ltd will be deleted to make way for the new additions. No changes have been made to the Hang Seng (China A) Corporate Sustainability Benchmark Index. The changes will take effect from September 9, 2013.

This year RepuTex reviewed the ESG performance of 616 Hong Kong and China (A share) companies – 263 China A share and 353 Hong Kong companies (dual-listed companies classified as Hong Kong stocks). The aims of the index series are to further raise awareness about corporate sustainability (which encompasses environmental, social and corporate governance performance) and serve increasing international interest in sustainability investment.