China Telecom Corporation Limited was accredited with "Platinum Award – Excellence in Environmental, Social and Corporate Governance" in the "Corporate Awards 2017" by The Asset. "Transformation 3.0", the Company's step-up transformation strategy established in 2016 with an aim to create superior and leading intelligent network in a more highly-efficient way, build a win-win business ecology in a more open way, and promote flexible synergic smart operation, was awarded "Best Initiative in Innovation". In addition, Mr. Yang Jie, Chairman and Chief Executive Officer of China Telecom, was honored with "Best CEO in Telecommunications" award.
Organized by The Asset, a reputable financial magazine in Asia, "Corporate Awards 2017" is now in its 17th year, the longest running ESG awards in Asia. "Platinum Award" recognizes companies' attainment in comprehensive categories of corporate endeavors: financial performance, management, corporate governance, social and environmental responsibility and investor relations. Assessment is based on a stringent point-score system and feedback from the investment community. "Best Initiative in Innovation" honors business strategy that has taken the company to the next level by embracing new ways of doing business, including product or service advancements or digital enhancement. "Best CEO" rewards a range of leadership qualities and attributes including inspirational leadership, strategic thinking, team- and relationship-building, effective communication and change management.
China Telecom was voted as the "Best in China" among other large cap corporations in the country at IR Magazine Awards - Greater China 2017. In addition, the Company was honored as "Best in Telecommunication Services sector" amid fierce competition in this category; nominees include the large telecommunications service providers and the leading telecommunications infrastructure service provider in the region.
IR Magazine Awards - Greater China 2017 was presented by two types of awards categories this year, namely researched and self-nominated, both recognizing and celebrating the success of those individuals and companies that are leading the way in the IR community. Both investors and analysts were asked to vote for the company giving them the best IR service in each award under researched categories.
China Telecom Corporation Limited ranked as "Most Honored Companies in Asia" in the All-Asia-Executive Team Poll seven years in a row since the poll's inauguration. China Telecom and its key executives also achieved top three rankings in the categories in the Telecommunications sector, namely:
- Best Investor Relations Program
- Best Analyst Days
- Best Website
- Best CEO
- Best CFO
The Poll was organized by Institutional Investor, a highly regarded financial magazine. The 2017 ranking, organized for the seventh year to recognize top Asia (ex-Japan) region's companies and executives, received opinions from over 3,900 investment professionals at 980 financial institutions that collectively manage an estimated US$1.5 trillion in Asian equities.