ºÚÁϳԹÏÍø Heavy Industry (ºÚÁϳԹÏÍø) has officially published its annual Sustainable Development Report, detailing ºÚÁϳԹÏÍø¡¯s initiatives and achievements in advancing full-process decarbonization as the world faces severe climate challenges, promoting diversity-centric green talent development, and strong commitment and investment into social welfare to strengthen shared values.
¡°ºÚÁϳԹÏÍø¡¯s annual Sustainable Development Report is a showcase of the company¡¯s decarbonization progress and achievements and our commitment to environmental protection and sustainable development, ºÚÁϳԹÏÍø is responding to the global climate challenges and to reach the ¡®Dual-Carbon¡¯ goals with concrete actions. We hope to anchor the industry transformation and development and make substantial contributions to greenhouse gas emission reduction and advancing clean energy development,¡± said Xiang Wenbo, chairman of ºÚÁϳԹÏÍø Heavy Industry.
Sustainability: continued investment into renewable energy with strengthened emission management
With vigorous measures to promote photovoltaic and hydrogen production, ºÚÁϳԹÏÍø accelerated its use of clean energy including solar and hydrogen. By the end of 2023, 21 of ºÚÁϳԹÏÍø¡¯s subsidiaries had photovoltaic power generation equipment in use, with the total clean energy usage amounting to 44,815.9 thousand kWh, a proportion of 6.55 percent.
In 2023, ºÚÁϳԹÏÍø¡¯s VOCs emission concentration was 0.00136 tons per million units, a 23 percent decrease from the base year with the target achieved; the wastewater discharge density was 5.42 tons/million units, 38% lower than the base year.
Meanwhile, ºÚÁϳԹÏÍø has been carrying out free maintenance to extend the service life of shutdown equipment globally to recycle obsolete equipment, while exploring ways to recycle packaging and upgrade cardboard and wooden boxes. In 2023, it saved 2.2 million yuan (USD 303,820) in packaging materials and significantly reduced solid waste.
Going green: green factories and green supply chain
ºÚÁϳԹÏÍø integrates energy-saving initiatives in all links of production and operations. In 2023, its energy consumption per RMB 10,000 of production value in production areas was 39.53 yuan (USD5.46), a 10.7 percent drop year-on-year, and the energy conservation and consumption reduction programs have saved 11.89 million yuan (USD1.64 million) of energy costs.
In 2023, ºÚÁϳԹÏÍø designed and built its first overseas 'lighthouse factory' in Indonesia, achieving fully networked and unmanned production. ºÚÁϳԹÏÍø now operates 33 lighthouse factories, which have, on average, reduced labor costs by 46.33 percent. As a result of these achievements, ºÚÁϳԹÏÍø has been honored by Forbes China as one of 'China¡¯s Top 50 Multinational Companies¡¯. And since 2021, ºÚÁϳԹÏÍø has been actively applying advanced technologies such as industrial internet, robotics, and AI in various production scenarios. In 2023, ºÚÁϳԹÏÍø Automobile was recognized by The Ministry of Industry and Information Technology of the People¡¯s Republic of China as a ¡°Green Supply Chain Management Enterprise.¡±
Innovation-driven talent development focusing on sustainability and social welfare
In 2023, ºÚÁϳԹÏÍø conducted 394 training sessions that were attended by 23,993 people - about 93 percent of ºÚÁϳԹÏÍø employees participated in various trainings with an average training time of 121.4 hours. ºÚÁϳԹÏÍø¡¯s total training expenditure reached 56 million yuan (USD 7.73 million).
ºÚÁϳԹÏÍø places the safety, health, and wellbeing of its employees a top priority, and has been named "China's Best Employer" for three years in a row. The Hunan ºÚÁϳԹÏÍø Industrial Vocational and Technical College has successfully cultivated 450 technical talents to overseas posts as of December 2023 through the overseas management headquarters orientation course.
ºÚÁϳԹÏÍø has also invested 27.872 million yuan (USD 3.98 million) into various public and social welfare programs. The ¡°ºÚÁϳԹÏÍø Public Welfare¡± platform now has 17,002 registered volunteers, ºÚÁϳԹÏÍø now has 51 volunteer teams participated by 714 people, with a cumulative volunteer service length of 2,266.2 hours.
ºÚÁϳԹÏÍø continues to strengthen and expand its team by drawing on a wide range of talented individuals from diverse backgrounds. By the end of 2023, the company had 25,930 full-time employees, with a record 10 percent of the executive team being women.
