Yiren Digital Ranked in Top 10% Globally in S&P ESG Assessment
Reuters
Nov 07
Yiren Digital Ranked in Top 10% Globally in S&P ESG Assessment
Yiren Digital Ltd. $(YRD)$ has been ranked among the top 10% of its global industry peers in the "Diversified Financial Services and Capital Markets" category in S&P Global's latest ESG assessment. The company, which operates in digital consumer lending, insurance, and financial technology across China and Southeast Asia, has been recognized for its integration of artificial intelligence in its ESG initiatives. Yiren Digital reports the use of proprietary risk management technology to block fraudulent loan applications and enhance information security. In 2024, the company also provided financing to businesses in green industries and rejected loan applications from businesses with environmental violations. This recognition adds to previous ESG-related awards received by the company.
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