(Tiper Stock Exchange) – Standard Ethics awarded the Corporate Standard Ethics Rating (SER) “AND” to Lenovo Group, a Chinese multinational computer company. This is the third notch out of nine (in the “Low” range) on the scale used by the London-based independent rating agency focused on sustainability.
Analysts state that the company is sensitive to international references on sustainability, especially of environmental natureas evidenced – for example – by the adoption of standard ESG reporting and policies in line with global ones.
There are margins of implementation in the governance of sustainability, in the definition of some long-term targets, in matters relating to the interests of minority shareholders and the market. In the latter case, the existence of a is cited increased vote and the concomitant presence of a BoD with multiple officesa degree of independence that can be improved and a large gender gap.
In the case of companies with public participation (direct or indirect), Standard Ethics monitors the possible state interferencethe degree of adherence of the public shareholder to democratic-liberal values and the principles of fair competition, the effective degree of individual freedom enjoyed by members of the board.
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