KWEICHOW MOUTAI(SH:600519) Zhong Guo Xin Wen Wang·2025-08-01 11:32Core Viewpoint - Guizhou Moutai's ESG rating has been upgraded from BBB to A by MSCI, marking the second consecutive year of improvement and establishing it as the only liquor company in China to achieve an A rating, reflecting its leadership in sustainable practices within the industry [2][7][8]. Group 1: ESG Rating and Industry Position - Guizhou Moutai's ESG rating has improved three levels in two years, setting a record in the beverage industry [7]. - The company ranks second in the beverage industry in China according to MSCI's assessment of 82 global beverage companies [7]. - Moutai's A rating indicates a mature sustainable management system capable of effectively identifying and managing key environmental and social risks [7]. Group 2: Internal Governance and Management Practices - Moutai has established a governance system that integrates ESG principles into its business operations, including risk management and strategic planning [7][11]. - The company has implemented a three-tier governance structure for ESG initiatives, enhancing the efficiency of its ESG efforts [7][11]. - Moutai's corporate culture emphasizes "coexistence, sharing, and win-win," aligning with its ESG objectives [7]. Group 3: Environmental Management and Achievements - Moutai has achieved leading positions in water resource management, product carbon footprint, and packaging waste management within the global industry [9][11]. - The company has reduced its water consumption per product by 7.28% compared to 2023 and decreased its carbon emissions per product by 3% compared to 2020, exceeding its initial reduction targets [11][12]. - Moutai has been recognized as a national and provincial green factory, reflecting its commitment to sustainable practices [12]. Group 4: Long-term Strategy and Social Responsibility - Moutai has committed to peak carbon emissions by 2030, aiming for a 60% reduction in carbon emissions per unit of industrial output compared to 2020 [12]. - The company has invested over 10 billion yuan in social responsibility initiatives since 1991, supporting local farmers and rural revitalization efforts [14]. - Moutai's approach to "responsible drinking" marketing aims to reduce product safety risks, further establishing its industry leadership [15]. Group 5: Future Outlook and Industry Influence - Moutai's continuous improvement in ESG management positions it as a benchmark for other Chinese brands on the international stage [15]. - The company is focused on becoming part of the global ESG movement, emphasizing long-term sustainability over short-term gains [15].