Examples-Shengyuan

Internal

  • Clear internal policy – Environmental, Label, Ethical
  • Code of Conduct

ESG

  • President Lynn Zhang as the leader
  • The board of directors of the Company acts as the executor and the supervisor
  • To help demonstrate transparency and accountability in our ESG efforts

Disclosure

  • The SMETA audit report disclosed to all customers a
     is suppliers.
  • ESG is always an open topic between Shengyuan and our partners.

Examples-Shengyuan

Public company Disclose the social responsibility reports annually ISO certs, SMETA report available

Continuous optimization of the process based on the goal of sustainability Actively communicate and share relevant

Ambition & Goals

Environmental

  • Track and record water, electricity, and (gas)  oil use, and  regularly  summarize  and  analyze it  for continuous improvement
  • Control company vehicles & daily commute
  • Keep using LED lighting for energy saving
  • collaborate   with  3rd   party   for   the  emission calculation to help us reduce the emission
  • Encourage our manufacturers to source 40% of the energy from renewable sources by 2040
  • Encourage  our manufacturers  to  implement  water conservation  and  recycling  programs  to  reduce water usage by 40% by 2040

Social

  • Implement the existing policies for labor and ethic
  • Engage with local communities through volunteer programs and charitable giving initiatives
  • Conduct regular stakeholder engagement sessions to gather feedback and address social concerns

Governance

  • Align executive compensation with ESG performance to incentivize responsible behavior
  • Conduct  regular  board  evaluations  and  disclose governance practices in annual reports internally and by 3rd party.