China Tourism Group Duty Free Corp. Ltd.
Industry Group: Retailing
Country/Region: China
Identifier: HKG:1880
Established in 1984, China Tourism Group Duty Free is China’s largest and the world’s second-largest travel retailer in 2023 with revenue of CNY 67.5 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 30 provinces in China, as well as overseas. The company also operates a duty-paid business and its 2023 revenue mix comprised 66% duty-free sales and 34% duty-paid sales and others. CTG Duty Free is 50.3% owned by China Tourism Group, a state-owned enterprise that falls directly under the state-owned Asset Supervision and Administration Commission of the State Council.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Retailing 209 out of 471
Universe
Global Universe 3012 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Ulta Beauty, Inc. |
13.8
Low
|
83 out of 471 |
Tractor Supply Co. |
13.9
Low
|
84 out of 471 |
Dick's Sporting Goods, Inc. |
16.7
Low
|
178 out of 471 |
Kenvue, Inc. |
17
Low
|
185 out of 471 |
China Tourism Group Duty Free Corp. Ltd. |
17.7
Low
|
209 out of 471 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
China Tourism Group Duty Free Corp. Ltd.'s Exposure is Low
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
China Tourism Group Duty Free Corp. Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for China Tourism Group Duty Free Corp. Ltd.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted China Tourism Group Duty Free Corp. Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level