World Economic Journal Issue 43 September 2024 | Page 28

NASPERS
TENCENT HOLDINGS LTD .
[ ANALYTICS ]

The companies topping the BRICS 250 ranking stand out for their achievements in business and innovation as well as their commitment to ESG across diverse industries — from technology to finance to telecommunications and more . They have established themselves as leaders in their sectors by embracing digital transformation , advancing technologies like AI , fintech , cloud computing and renewable energy , and expanding their global presence through strategic investments and acquisitions .

By integrating innovation with sustainability , these companies have not only strengthened their market positions but also contributed to the broader goal of creating a more sustainable and inclusive global economy . Investors might find these companies appealing due to their sustainable growth , diversified assets , and government support .
Amid global economic shifts and evolving resource demands , such companies could emerge as pivotal players in shaping future market trends .

BRICS Corporate Leaders

The companies that make a substantial impact on their nations ' well-being , advance the BRICS business ecosystem and actively work towards building more equitable societies are the true heroes of BRICS nations . Let ' s examine their experience in combining market progress with care for people and nature .

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NASPERS

Naspers is a multinational consumer internet group and one of South Africa ' s largest companies . Founded in 1915 , it has evolved from a local media business into a global internet and technology group , with significant investments in online classifieds , food delivery , fintech and e-commerce platforms . Naspers is notably the largest shareholder in Prosus , a global consumer internet group that holds stakes in companies like Tencent and Delivery Hero .
Naspers ' ESG efforts focus on sustainable development and responsible corporate citizenship . The company emphasises reducing its carbon footprint , enhancing data privacy and security , promoting diversity and inclusion , and supporting local communities . Naspers also prioritises good governance , aiming for transparency , accountability and ethical business practices across its operations and investments . Its ESG initiatives are aligned with global sustainability goals , aiming for a positive impact on both society and the environment .

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TENCENT HOLDINGS LTD .

Tencent Holdings Ltd . is a Chinese multinational conglomerate and one of the world ' s largest technology companies . Founded in 1998 and headquartered in Shenzhen , Tencent operates across various sectors including social networking , gaming , fintech , cloud computing and AI . Tencent ' s core businesses revolve around its popular social media platform WeChat , its leading online gaming portfolio ( featuring titles like Honor of Kings and PUBG Mobile ) and its digital payment service WeChat Pay . Tencent is also a significant player in cloud services and artificial intelligence , driving innovation across industries .
The company invests extensively in high-tech sectors , including autonomous driving , quantum computing , and healthcare technology , as well as its strategic stakes in global tech giants like Tesla , Spotify , and Snap Inc .
Tencent ' s ESG policies focus on sustainability , social responsibility and robust governance . The company is committed to reducing its carbon emissions , developing eco-friendly data centres and adopting renewable energy sources . Socially , Tencent invests in education , healthcare and poverty alleviation in China while promoting digital inclusion globally . Its governance strategy emphasises transparency , ethics and compliance with international standards , reflecting its role as a global tech leader .
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WEJ | September 2024