China Telecom Corporation Limited’s 2018 Annual Report (print and online versions) “Intelligent Transformation to Co-share Value of Innovation” has won in total six platinum awards and five gold awards, and ranked No.3 of "Top 100 Reports Worldwide" (No.1 in Asia Pacific) in LACP 2018 Vision Awards by the League of American Communications Professionals LLC (LACP), marking one of the best award-winning records of the Company since its participation in the competition. In addition, the Company’s print Annual Report has earned 3 gold awards in 2019 International ARC Awards.
This year, the LACP 2018 Vision Awards drew nearly 1,000 submissions from a broad range of countries and industries as well as organizations with various scales, and yet only one out of five received award-level recognition. LACP commended the winning annual reports for demonstrating an outstanding focus on shareholders, their interests, and their need to understand the strategic and tactical decisions made by companies, delivering a highly applicable and persuasive message.
The International ARC Awards, also branded as the “Academy Awards of Annual Reports” by financial media, is the world’s largest and independent international competition honoring excellence in annual reports and corporate communications. The Awards are globally recognized, providing a platform for the highest standards in the annual report industry.
China Telecom Corporation Limited was voted as "Most Honored Companies in Asia" in the 2019 All-Asia-Executive Team Poll organized by Institutional Investor, a highly regarded financial magazine. The Company received this accolade every single year in the poll's nine-year history. The poll, organized to recognize top companies and executives in the region, received votes from over 1,800 buy-side investors and over 600 sell-side analysts. Moreover, China Telecom and its key executives also ranked 2nd place in multiple categories in the "Telecommunications” sector:
- Best CEO
- Best CFO
- Best Investor Relations Program
- Best Corporate Governance
- Best ESG / SRI Metrics
China Telecom ranked 141st by revenue in "Fortune Global 500" for the year 2019. (Fortune July 2019 issue)
China Telecom Corporation Limited was honored with the following corporate governance grand awards in "Asian Excellence Awards 2019", organized by Corporate Governance Asia, a prestigious regional journal on corporate governance:
- Best Investor Relations Company
- Best Corporate Communications
- Asia's Best CFO
"Asian Excellence Awards" recognizes corporates' achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices and investor relations.
China Telecom Corporation Limited snatched six China awards in "Asia's Best Managed Companies Poll 2019" by FinanceAsia:
- No. 1 Best Managed Company
- No. 1 Best Investor Relations
- No. 1 Best ESG
- No. 2 Best Growth Strategy
- No. 2 Best CEO
- No. 1 Best CFO
China Telecom Corporation Limited was awarded, for the 12th time, "The Best of Asia - Icon on Corporate Governance" in the "Corporate Governance Asia's Recognition Awards 2018", organized by Corporate Governance Asia, a prestigious regional journal on corporate governance.
"Corporate Governance Asia's Recognition Awards" honors corporates who have outstanding performance on various aspects including quality of management, their business model, growth prospects, financial performance and relative position in their industries.
China Telecom ranked 168th in "The Forbes Global 2000" for the Year 2019, which was based on a composite ranking from four metrics: sales, profit, assets and market value.
China Telecom Corporation Limited has won five awards in total by The Asset, achieving remarkable results. The Company was accredited with "Platinum Award - Excellence in Environmental, Social and Governance" in the poll of "Corporate Awards 2018" by The Asset. Only six companies have received the Platinum recognition for 10 consecutive years, of which China Telecom was the only telecommunications company that received such an honor. In addition, China Telecom and its Chairman and Chief Executive Officer, Mr. Yang Jie, were also honored with four other top awards.
- Best CEO in Telecommunications
- Best Initiative in Diversity and Inclusion
- Best Investor Relations Team
- Highly Commended Initiative in Innovation
Organized by The Asset, a reputable financial magazine in Asia, "Corporate Awards 2018" is now in its 18th 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. "Best CEO" rewards a range of leadership qualities and attributes including inspirational leadership, strategic thinking, team- and relationship-building, effective communication and change management. "Best Initiative in Diversity and Inclusion" honors companies which have adopted policies, programs and practices that promote and strengthen diversity and inclusion within the organization as well as in the community and industry. "Best Investor Relations Team" recognizes IR team's contribution in terms of day-to-day achievements, successful troubleshooting and initiatives they have been taken in newer arenas. In addition, "Highly Commended Initiative in Innovation" honors companies which have designed and applied a business strategy that has taken the company to the next level by embracing new ways of doing business.