The company places high importance on ESG management and has established an ESG governance framework covering the governance, management, and operational levels.
As the highest decision-making body, the Board of Directors is responsible for determining the company’s ESG strategy, objectives, and related policies.
The company’s directors possess extensive management experience in the non-ferrous metals industry and have been deeply involved in supervisory practices concerning workplace safety, occupational health, and environmental protection. They bring seasoned practical expertise to key ESG issues relevant to the non-ferrous metals sector. Additionally, directors must maintain a comprehensive understanding of the company’s operations and the latest industry developments. The company provides directors with specialized ESG training, as well as materials on emerging trends and regulations related to climate and sustainability, to enhance their ESG knowledge and insights.
The Board of Directors has established a Strategy Committee responsible for reviewing and discussing major social, environmental, and governance issues. The Board conducts comprehensive and in-depth assessments and monitoring of ESG progress and effectiveness through various means, including regular review of ESG reports, receiving briefings from the ESG Leadership Team, and examining ESG performance indicators.
The company has established an ESG Leadership Team within its management structure, responsible for: (i) formulating the company’s ESG strategy, (ii) developing the company’s ESG assessment framework and indicator system, (iii) reviewing the company’s ESG reports, and (iv) defining the content and steps for ESG improvements while overseeing their implementation.
The company has also formed an ESG Working Group comprising members from various departments, including but not limited to the General Administration Department, Safety and Environmental Protection Department, Equipment Management Department, and production plants. The ESG Working Group possesses extensive management experience in safety, environmental protection, and occupational health.
Recognizing the complexity and diversity of ESG risks, the Company has established ESG risk identification and management processes. These require all departments and subsidiaries to prioritize environmental and social risks during operations, identify potential impact events and corresponding risk factors, and implement appropriate risk mitigation measures.
For key areas such as employment practices, occupational health, and environmental protection, the Company has defined clear standards for incident/accident classification, reporting procedures, and penalty criteria. The company also effectively controls ESG risk factors through various measures including specialized training and hazard investigations.
The company plans to conduct comprehensive ESG risk assessments every two years, reporting findings to the Board of Directors through management to obtain oversight and guidance. Management performance evaluation systems incorporate the effectiveness of managing key ESG risks such as environmental pollution and occupational health risks, encouraging management to prioritize the company’s sustainable development.
We actively practice green and sustainable development principles, striving to become an environmentally friendly enterprise. We continuously improve our environmental management systems and protocols, regularly identify environmental risks, and implement preventive measures to minimize negative impacts on the environment.