STO Express Co., Ltd.
Industry Group: Transportation
Country/Region: China
Identifier: SHE:002468
STO Express is one of the “Tongdas”, which refers to the top four national express delivery companies that adopt the network partner model. Tongdas provide line-haul transportation, sorting, and waybill services to its network partners for fees, while its local network partners provide first-mile pickup and last-mile delivery services under the Tongdas’ brands and collect the payments. STO was founded in 1993 by Nie Tengfei, who passed away in 1998. His ex-wife Chen Xiaoying’s brother Chen Dejun is now the Chairman and General Manager, with a 28% stake, and Ms. Chen owned a 5% stake as of Dec. 31, 2022. STO’s strategic shareholder is Cainiao Smart Logistics Network, with a 25% stake. Alibaba can exercise its share options to purchase 21% of STO before Dec. 27, 2025 at CNY 16.50 per share.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Transportation 317 out of 414
Universe
Global Universe 10064 out of 16421
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| CJ Logistics Corp. |
13.4
Low
|
9 out of 414 |
| Blue Dart Express Ltd. |
18.5
Low
|
76 out of 414 |
| Kerry Logistics Network Ltd. |
20.1
Medium
|
106 out of 414 |
| Sankyu, Inc. |
25.3
Medium
|
268 out of 414 |
| STO Express Co., Ltd. |
27.7
Medium
|
317 out of 414 |
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Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
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Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
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Controversy Rating
Highest Controversy level that has impacted STO Express Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
