Huawei Ranks Second in Hurun China Private Companies SDG Readiness 100

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(Source: Hurun Report)

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The Hurun Research Institute released a report entitled “2021 Hurun China Private Companies SDG Readiness 100” on Monday. In the document, the institute lists 100 private Chinese enterprises that best meet the 17 sustainable development goals of the United Nations.

According to the report, Yili topped the list, Huawei ranked second and Country Garden ranked third. Meanwhile, Haier Smart Home, Ping An Insurance and Fuxing International ranked fourth together.

The report also shows that medical and healthcare industry enterprises, represented by Yaoming Kangde and Mindray Bio-Medical, entered the top 100 the most, with 13 in total. Secondly, there are 10 enterprises in the public network service industries, represented by Alibaba Group Holding Limited and Tencent. Then come the automobile industry, represented by BYD and Great Wall Motor, and the real estate industry, represented by Country Garden and Shimao, which each saw seven enterprises enter the top 100.

Regionally, enterprises headquartered in Shenzhen account for half of the top 10. The largest number of enterprises listed overall are headquartered in Beijing, with 17, followed by Shenzhen, with 14. Shanghai is the third, with 11. Hangzhou and Foshan rank fourth and fifth with six and four enterprise headquarters, respectively. Companies from these top five cities account for half of the top 100. A total of 31 enterprises in the Yangtze River Delta region are on the list, and 25 in the Guangdong-Hong Kong-Macau Greater Bay Area.

Among the 17 sustainable development goals formulated by the United Nations, Goal 1 is No Poverty, Goal 5 is Gender Equality and Goal 13 is Climate Action, to name a few. With 169 specific goals, these goals aim at comprehensively and thoroughly solving development problems in three dimensions – society, economy and environment – before 2030.

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The survey scope of the recently published list spans companies in the “Hurun China 500 Most Valuable Private Companies.” Sources include public information on enterprises and industries, such as annual firm reports and ESG reports (environmental, social and governance), CSR reports (corporate social responsibility) and SDG reports (sustainable development goals).

The full score of this survey is 100 points. The average score of the top 100 enterprises is 33 points, and the threshold for listing is 24 points.

Hu Run, chairman and chief research officer for the Hurun Rich List, said that carbon neutrality and sustainable development have attracted increased global attention. Against this background, the Hurun Research Institute has produced “2021 Hurun China Private Companies SDG Readiness 100,” hoping that the list can offer insight for Chinese private enterprises, such as which firms have done better in the 17 sustainable development goals of the United Nations, and also to encourage more enterprises to develop sustainably, which is highly consistent with the concept of upward improvement promoted by the Hurun Rich List.