ZTE makes it in FTSE4Good Index Series for eighth consecutive year

For the 8th consecutive year, ZTE Corporation said it was again listed in the FTSE4Good Index Series.

ZTE FTSE4Good Index Series 8th consecutive year

ZTE is demonstrating strong Environmental, Social, and Governance practices

ZTE Corporation said in a statement that it once again made it to the FTSE4Good Index Series, a responsible investment (RI) index of FTSE Russell.

ZTE's H-share and A-share were previously in the FTSE4Good Index Series in 2015 and 2021 respectively.

FTSE4Good Index Series was created by FTSE Russell and was designed to measure the performance of firms on their Environmental, Social, and Governance (ESG) practices.

For ZTE's part, the company said it has been incorporating sustainable development into its corporate governance and operational endeavors, which continuously elevates its social responsibility performance.

The company said it is also active in global decarbonization and economic transformation. In May, ZTE expressed its participation in the Science-Based Targets Initiative (SBTi). The goal here is to reduce greenhouse gas emissions in line with the 1.5°C temperature rise limitation pathway and ultimately reach net-zero emissions by 2050.

ZTE said it also promotes Tech for Good "making sustained contributions to the betterment of global community."

On the 55th World Telecommunication and Information Society Day (WTISD) this May, ZTE reaffirmed its commitment to ITU's Partner2Connect Digital Coalition, aiming to play a pivotal role in narrowing the digital divide and facilitating meaningful and sustainable connectivity, as well as driving digital transformation for people in the Least Developed Countries (LDCs), the ICT company said.

ZTE said it also aims to focus on preventing emerging risks to cement its position as a “highly resilient organization.”

As a member of the UN Global Compact and Global Enabling Sustainability Initiative, ZTE said it has constantly released its sustainability reports for 15 consecutive years.

ZTE said its full report on its ESG programs can be accessed here: FY22 Sustainability Report.

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