SHANGHAI, September 17, 2021 / PRNewswire / – Lufax Holding Ltd (âLufaxâ or the âCompanyâ) (NYSE: LU), a leading technology-based personal financial services platform in China, today announced that the company will be added to the following FTSE ESG Low Carbon Select Indices, following the latest FTSE Russell Quarterly Review. These inclusions will be applied after the close of business on Friday, September 17, 2021 and will be effective on Monday, September 20, 2021:
- FTSE Emerging ESG Low Carbon Select Index
- FTSE Asia index excluding Japan ESG Low Carbon Select
âThese are important milestones for Lufax, signifying the recognition of financial markets around the world for our sustainability efforts,â commented Guangheng Ji, president of the company. âOur goal is to become a benchmark of best practices in compliance and governance among Chinese companies listed abroad. As a technology-driven personal financial services platform, Lufax is committed to leveraging technological strength to promote green and inclusive finance and to implement a low-carbon development strategy. “
FTSE Russell, 100% owned by the London Stock Exchange Group, is a global index leader providing innovative benchmarking, analytics and data solutions to investors around the world. FTSE Russell calculates thousands of indices that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the global investment market. The expertise and products of the FTSE Russell Index are widely used by institutional and retail investors around the world. Approximately $ 16 trillion is currently benchmarked against the FTSE Russell Indices.
FTSE Russell’s ESG ratings measure the overall quality of a company’s management of ESG issues across more than 300 indicators, 14 themes and three pillars, including environmental, social and governance. The FTSE ESG Low Carbon Select Index Series, which uses FTSE Russell’s target exposure methodology, targets a 50% reduction in index-level carbon emissions, a 50% reduction in fossil fuel reserves and a 20% improvement in ESG scores at the index level. For more information, please refer to the Index page on the FTSE website at https://research.ftserussell.com/products/downloads/FTSE_ESG_Low_Carbon_Select_Index_Ground_Rules.pdf
About Lufax Holding Ltd
Lufax Holding Ltd is one of the leading technology-based personal financial services platform in China. Lufax Holding Ltd primarily uses its customer-centric product offerings and offline to online channels to provide retail credit facilitation services to small business owners and employees in China, as well as wealth management solutions. tailored to China’s rapidly growing middle class. The Company has implemented a unique, small-cap, star-shaped business model, combining specially designed technology applications, extensive data and financial services expertise to effectively deliver the right products to the right customers. For more information, please visit www.lufaxholding.com.
Safe Harbor Declaration
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “will”, “expect”, “anticipate” “,” The future, “” intends “,” plans “,” believes “,” estimates “and similar statements. Statements which are not historical facts, including statements about beliefs and Lufax’s expectations, are forward-looking statements. Lufax has based these forward-looking statements largely on its current expectations and projections regarding future events and financial trends, which involve known or unknown risks, uncertainties and other factors. , all of which are difficult to predict and many of which are beyond the control of the Company. These forward-looking statements include, but are not limited to, statements about objectives and strategies. es from Lufax; Lufax’s future business development, financial condition and results of operations; expected changes in Lufax’s income, expenses or expenses; the expected growth of the retail credit facilities and wealth management markets; Lufax’s expectations regarding demand and market acceptance for its services; Lufax’s expectations regarding its relationship with borrowers, platform investors, funding sources, product providers and other business partners; general economic and commercial conditions; and government policies and regulations relating to the industry in which Lufax operates. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the documents filed by Lufax with the United States Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lufax assumes no obligation to update any forward-looking statement, except as required by applicable law.
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Lufax Holding Ltd
E-mail: [emailÂ protected]
Phone. : +86 138-1079-1408
E-mail: [emailÂ protected]
SOURCE Lufax Holding Ltd