China Eastern receives A rating in ESG criteria

China Eastern Airlines Holding Limited has announced it has received an A rating in MSCI ESG (environmental, social and governance) criteria, the company said.

China Eastern and five other airlines, including Delta Air Lines and Singapore Airlines, beat 74% of global airline companies and tied for first place in the rating, which included 18 airlines around the world.

According to the report from global index compiler MSCI, China Eastern scored higher than the industry average in terms of substantive issues such as corporate governance, carbon emission, as well as privacy and data security. China Eastern has shown the best practice among global airlines in carbon emission, privacy protection and data security.

China Eastern has been trying to enhance fuel efficiency and create greener flights by adopting energy conservation methods based on informatization and marketization. After over 2 years efforts, China Eastern´s fleet reduced fuel consumption per ton-kilometer by 4.3 percent in 2019 from that in 2017.