Tsingtao Brewery Co., Ltd.
Industry Group: Food Products
Country/Region: China
Identifier: HKG:168
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed close to 60% of its revenue and net profit in 2023. Unlike other major brewers, Tsingtao Brewery’s brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Food Products 175 out of 574
Universe
Global Universe 9875 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Budweiser Brewing Co. APAC Ltd. |
17.4
Low
|
6 out of 574 |
Kirin Holdings Co., Ltd. |
23.1
Medium
|
53 out of 574 |
Tsingtao Brewery Co., Ltd. |
28.9
Medium
|
175 out of 574 |
China Resources Beer (Holdings) Co. Ltd. |
30.7
High
|
219 out of 574 |
Anhui Gujing Distillery Co., Ltd. |
32.9
High
|
275 out of 574 |
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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.
Tsingtao Brewery Co., Ltd.'s Exposure is Medium
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.
Tsingtao Brewery Co., Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Tsingtao Brewery Co., Ltd.
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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 Tsingtao Brewery Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level