STO Express Co., Ltd.
Industry Group: Transportation
Country/Region: China
Identifier: SHE:002468
STO Express is one of the “Tongdas,” which refers to the top four national express delivery companies that adopt the network partner model. Tongdas provide line-haul transportation, sorting, and waybill services to its network partners for fees, while its local network partners provide first-mile pickup and last-mile delivery services under the Tongdas’ brands and collect the payments. STO was founded in 1993 by Nie Tengfei, who passed away in 1998. His widow Chen Xiaoying’s brother Chen Dejun is now the chair and general manager, with a 28% stake, and Chen Xiaoying owned a 5% stake as of Dec. 31, 2022. STO’s strategic shareholder is Cainiao Smart Logistics Network, with a 25% stake. Alibaba can exercise its share options to purchase 21% of STO before Dec. 27, 2025 at CNY 16.50 per share.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Transportation 319 out of 383
Universe
Global Universe 10117 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Österreichische Post AG |
16.4
Low
|
39 out of 383 |
| Blue Dart Express Ltd. |
18.5
Low
|
71 out of 383 |
| Xiamen International Trade Group Corp. Ltd. |
25.4
Medium
|
257 out of 383 |
| Deppon Logistics Co., Ltd. |
26.7
Medium
|
282 out of 383 |
| STO Express Co., Ltd. |
29.4
Medium
|
319 out of 383 |
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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.
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.
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Controversy Rating
Highest Controversy level that has impacted STO Express Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
