As a comprehensive document on information disclosure, the environmental, social, and governance report (the “ESG report”) presents the strategy, path, and achievements of a company in sustainable development. At present, an ESG report and a financial report reveal two major aspects of a company’s development capabilities. These reports thus serve as important considerations in assessing a company’s growth and values.

It should be noted that during this fiscal year (FY), innovative sustainable fashion projects with JIANGNANBUYI characteristics, such as Textile Possibility have been launched. Such project launches further advance the company towards its 2025 ESG commitments and ensure the long-term and healthy development of its business. The Report shows that in FY 2023, JIANGNANBUYI was rated “Low Risk” by Sustainalytics and BBB by Morgan Stanley Capital International (MSCI), the international authoritative index agency, for the first time, making it a top-notch performer in China’s apparel industry.

Better ESG capabilities help improve corporate management and operations. Research indicates that companies with good ESG practices and information disclosure tend to deliver more optimistic financial performance.

The latest financial report shows that in FY 2023 (from July 1, 2022, to June 30, 2023) JIANGNANBUYI’s total revenue was RMB 4.465 billion, an increase of 9.3% compared with that in FY 2022. Its net profit was RMB 621 million, up by 11.2% compared with that in 2022. The revenue generated by the nearly 30-year-old sophisticated brand JNBY and its growing brand portfolio, which includes CROQUIS, jnby by JNBY, and LESS, all increased. It is apparent that JIANGNANBUYI can make more contributions to the sustainability of the environment with sustainable profits.

SearchWhat you're looking for

JIANGNANBUYI Releases Latest ESG Report Decoding New Possibilities in Sustainable Fashion

GROUP

BRANDS

OUR VISION

INVESTOR RELATIONSHIP

PRESS

Search
What you're looking for