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Yatsen Publishes 2023 Environmental, Social and Governance (ESG) Report, Retains MSCI ESG Rating of A

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Yatsen Holding , a leading Chinese beauty group, has published its 2023 Environmental, Social and Governance (ESG) Report. The company retained its MSCI ESG Rating of A for the second consecutive year, outperforming industry averages in key areas such as product packaging, waste management, product carbon footprint, and chemical safety.

Highlights of Yatsen's ESG achievements include:

  • Highest-rated company in the Chinese beauty industry by MSCI
  • R&D investment reached 3.3% of total net revenues
  • Established a cutting-edge beauty factory and three independent R&D centers
  • Introduced numerous technological innovations as part of 'Yatsen's Road of Science and Technology'

CEO Jinfeng Huang emphasized the company's commitment to green practices, R&D, and innovation while prioritizing business growth and commercial integrity for a sustainable future.

Yatsen Holding, un gruppo leader nel settore della bellezza in Cina, ha pubblicato il suo Rapporto Ambientale, Sociale e di Governance (ESG) 2023. L'azienda ha mantenuto il punteggio MSCI ESG di A per il secondo anno consecutivo, superando le medie del settore in aree chiave come l'imballaggio dei prodotti, la gestione dei rifiuti, l'impronta di carbonio dei prodotti e la sicurezza chimica.

I punti salienti dei risultati ESG di Yatsen includono:

  • La società con il punteggio più alto nell'industria della bellezza cinese secondo MSCI
  • Investimenti in R&D che hanno raggiunto il 3,3% delle entrate nette totali
  • Creazione di una fabbrica di bellezza all'avanguardia e tre centri di R&D indipendenti
  • Introduzione di numerose innovazioni tecnologiche come parte della 'Strada della Scienza e della Tecnologia di Yatsen'

Il CEO Jinfeng Huang ha sottolineato l'impegno dell'azienda verso pratiche sostenibili, R&D e innovazione, ponendo al contempo la priorità sulla crescita aziendale e sull'integrità commerciale per un futuro sostenibile.

Yatsen Holding, un grupo líder en belleza en China, ha publicado su Informe Ambiental, Social y de Gobernanza (ESG) 2023. La compañía ha mantenido su Calificación ESG de A de MSCI por segundo año consecutivo, superando los promedios de la industria en áreas clave como el empaque de productos, la gestión de residuos, la huella de carbono de los productos y la seguridad química.

Los aspectos destacados de los logros ESG de Yatsen incluyen:

  • La empresa mejor valorada en la industria de la belleza de China por MSCI
  • Inversión en I+D que alcanzó el 3,3% de los ingresos netos totales
  • Establecimiento de una fábrica de belleza avanzada y tres centros de I+D independientes
  • Introducción de numerosas innovaciones tecnológicas como parte de la 'Ruta de Ciencia y Tecnología de Yatsen'

El CEO Jinfeng Huang enfatizó el compromiso de la empresa con prácticas ecológicas, I+D e innovación, al tiempo que priorizó el crecimiento empresarial y la integridad comercial para un futuro sostenible.

야첸홀딩은 중국의 주요 뷰티 그룹으로서 2023 환경, 사회 및 거버넌스(ESG) 보고서를 발표했습니다. 이 회사는 MSCI ESG 등급 A를 연속 두 번째 해 동안 유지하였으며, 제품 포장, 폐기물 관리, 제품 탄소 발자국 및 화학 안전성 등 주요 분야에서 산업 평균을 초과했습니다.

야첸의 ESG 성과의 주요 내용은 다음과 같습니다:

  • MSCI에 의해 중국 뷰티 산업에서 가장 높은 등급을 받은 회사
  • R&D 투자 비율이 총 순수익의 3.3%에 도달
  • 최첨단 뷰티 공장과 세 개의 독립 R&D 센터 설립
  • '야첸의 과학과 기술의 길'의 일환으로 많은 기술 혁신 도입

CEO인 황진펑은 회사의 녹색 관행, R&D 및 혁신에 대한 헌신을 강조하면서 비즈니스 성장과 상업적 무결성을 지속 가능한 미래를 위해 우선시한다고 밝혔습니다.

Yatsen Holding, un groupe leader chinois dans le domaine de la beauté, a publié son Rapport Environnemental, Social et de Gouvernance (ESG) 2023. L'entreprise a maintenu sa Notation ESG A de MSCI pour la deuxième année consécutive, dépassant les moyennes du secteur dans des domaines clés tels que l'emballage des produits, la gestion des déchets, l'empreinte carbone des produits et la sécurité chimique.

Les principaux points forts des réalisations ESG de Yatsen comprennent :

  • L'entreprise la mieux notée dans l'industrie de la beauté chinoise selon MSCI
  • Les investissements en R&D ont atteint 3,3 % des revenus nets totaux
  • Création d'une usine de beauté à la pointe de la technologie et de trois centres de R&D indépendants
  • Introduction de nombreuses innovations technologiques dans le cadre de la 'Route de la Science et de la Technologie de Yatsen'

Le PDG Jinfeng Huang a souligné l'engagement de l'entreprise envers des pratiques écologiques, la R&D et l'innovation, tout en donnant la priorité à la croissance de l'entreprise et à l'intégrité commerciale pour un avenir durable.

Yatsen Holding, eine führende chinesische Beauty-Gruppe, hat ihren ESG-Bericht 2023 über Umwelt, Soziales und Unternehmensführung veröffentlicht. Das Unternehmen hat zum zweiten Mal in Folge seine MSCI ESG-Bewertung von A beibehalten und übertrifft in wichtigen Bereichen wie Produktverpackung, Abfallmanagement, Produktkohlenstofffußabdruck und chemische Sicherheit die Branchendurchschnittswerte.

Höhepunkte der ESG-Erfolge von Yatsen umfassen:

  • Das höchstbewertete Unternehmen in der chinesischen Beauty-Industrie laut MSCI
  • Forschungs- und Entwicklungsausgaben, die 3,3% des gesamten Nettoumsatzes erreichten
  • Errichtung einer hochmodernen Beauty-Fabrik und drei unabhängiger F&E-Zentren
  • Einführung zahlreicher technologischer Innovationen im Rahmen von 'Yatsens Weg der Wissenschaft und Technologie'

CEO Jinfeng Huang betonte das Engagement des Unternehmens für nachhaltige Praktiken, F&E und Innovation und stellte gleichzeitig die Priorität auf Unternehmenswachstum und kommerzielle Integrität für eine nachhaltige Zukunft.

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GUANGZHOU, China, Sept. 6, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company"), a leading China-based beauty group, today announced the publication of its 2023 Environmental, Social and Governance Report ("ESG") report for the third consecutive year. The report underscores Yatsen's approach and achievements in implementing ESG initiatives across various dimensions in 2023, while providing insights into future goals.

Yatsen retained its MSCI ESG Rating of A in 2023, once again earning notable recognition from MSCI, a leading provider of critical decision support tools and services for the global investment community. Among other significant achievements, Yatsen outperformed industry averages in key areas, including product packaging and waste management, product carbon footprint, and chemical safety, demonstrating excellence in green and low-carbon initiatives.

Mr. Jinfeng Huang, Founder, Chairman and Chief Executive Officer of Yatsen, stated: "We are very proud to be the highest-rated company in the Chinese beauty industry by MSCI and the only beauty company in China to achieve an MSCI A Rating for two consecutive years. Along with our strong commitment to green and low-carbon practices, we have continued to strengthen our R&D and innovation capabilities. In 2023, our R&D investment reached 3.3% of total net revenues, positioning us among the global leaders in R&D spending. Furthermore, we established a cutting-edge beauty factory and three independent R&D centers, and introduced numerous technological innovations and applications as part of our vigorous pursuit of 'Yatsen's Road of Science and Technology,' which has garnered wide market recognition. Looking ahead, we will continue to prioritize our business while maintaining commercial integrity to foster a sustainable future."

To view the report in full, please visit the ESG section on the Yatsen Investor Relations website. Click here for the English version and here for the Chinese version of the 2023 report.

About Yatsen Holding Limited

Yatsen Holding Limited (NYSE: YSG) is a leading China-based beauty group with the mission of creating an exciting new journey of beauty discovery for consumers around the world. Founded in 2016, the Company has launched and acquired numerous color cosmetics and skincare brands including Perfect Diary, Little Ondine, Pink Bear, Galénic, DR.WU (its mainland China business), Eve Lom and EANTiM. The Company's flagship brand, Perfect Diary, is one of the leading color cosmetics brands in China in terms of retail sales value. The Company primarily reaches and engages with customers directly both online and offline, with expansive presence across all major e-commerce, social and content platforms in China.

For more information, please visit http://ir.yatsenglobal.com.

For investor and media inquiries, please contact:

In China:

Yatsen Holding Limited
Investor Relations
E-mail: ir@yatsenglobal.com

Piacente Financial Communications
Hui Fan
Tel: +86-10-6508-0677
E-mail: yatsen@thepiacentegroup.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: yatsen@thepiacentegroup.com

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SOURCE Yatsen Holding Limited

FAQ

What MSCI ESG Rating did Yatsen Holding (YSG) receive in 2023?

Yatsen Holding (YSG) retained its MSCI ESG Rating of A in 2023, marking the second consecutive year the company achieved this rating.

How much did Yatsen Holding (YSG) invest in R&D in 2023?

In 2023, Yatsen Holding (YSG) invested 3.3% of its total net revenues in R&D, positioning the company among global leaders in R&D spending in the beauty industry.

What key areas did Yatsen Holding (YSG) outperform industry averages in 2023?

Yatsen Holding (YSG) outperformed industry averages in product packaging and waste management, product carbon footprint, and chemical safety in 2023.

What new facilities did Yatsen Holding (YSG) establish in 2023?

In 2023, Yatsen Holding (YSG) established a cutting-edge beauty factory and three independent R&D centers as part of its commitment to innovation and technology.

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