RLX Technology Inc. announced that its MSCI ESG rating has been upgraded from 'A' to 'AA', securing the top position in the global e-cigarette industry for three consecutive years. This 'AA' rating also represents the highest MSCI ESG rating achieved within the global tobacco industry. The upgrade is a significant recognition of RLX Technology's ESG governance structure and is expected to increase opportunities for inclusion in various fund portfolios.
MSCI highlighted RLX's best-in-class risk management capabilities in product safety, quality, and chemical safety. The company also ranks among the top 1% globally for risk management in accounting, business ethics, and tax transparency. All assessments regarding supply chain labor standards met MSCI's 'Top' standards, demonstrating comprehensive ESG integration.
Since its inception, RLX Technology has integrated ESG into its corporate strategy, establishing an ESG committee at the Board level and publishing ESG reports for four consecutive years. The company fully upgraded its R&D system, including eight laboratories and stringent factory quality controls, following national e-cigarette standards and regulations in China. This commitment to ESG is considered a core competitive edge.
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