Harmony Health actively responds to national policies, guided by the concept of ESG development, and is committed to promoting the harmonious coexistence and sustainable development of enterprises, environment and society.
Investment Times reporter Zhang Jingyu.
With the growing global focus on sustainability and environmental protection, corporate responsibility and long-term value creation have become important considerations for business operations. With a high sense of social responsibility and forward-looking vision, Harmony Health Insurance Co., Ltd. (hereinafter referred to as Harmony Health) actively responds to national policies, takes the ESG development concept as the guide, and is committed to promoting the harmonious coexistence and sustainable development of enterprises, environment and society.
As an insurance company focusing on providing customers with comprehensive insurance solutions, Harmony Health is deeply aware that green development is an inevitable trend in the future. In order to meet the growing environmental protection needs of the society, Harmony Health has adjusted its business structure from a strategic perspective and actively promoted green and sustainable development.
Firmly practice responsible investment and add new impetus to green development
Harmony Health actively promotes green investment by investing in green industries** and supporting sustainable development of enterprises and projects.
It is reported that Harmony Health focuses on long-term value investment, incorporates ESG factors into investment decisions, and focuses on investing in environmentally friendly and socially responsible enterprises and projects.
Harmony Health actively responds to national policies, continues to increase green financial support, focuses on sponge city construction, sustainable buildings, green transportation, comprehensive ecological environment management, clean energy, comprehensive utilization of resources and other fields, and comprehensively contributes to the national green development strategy. As of June 30, 2023, Harmony Health has invested in a total of 44 green bonds, totaling 359.2 billion yuan.
In terms of sponge city construction and comprehensive ecological environment management, Harmony Health has successively supported the construction of sponge city in Suining City, Sichuan Province, and the comprehensive ecological environment treatment project along the lower reaches of the West River in Jingdezhen City, Jiangxi Province through investment in green bonds. In Suining City, Sichuan Province, the sponge city construction project invested by Harmony Health is an innovative project aimed at improving the urban ecological environment and enhancing the city's ability to cope with climate change. The implementation of the project will help reduce urban waterlogging, improve the quality of life of urban residents, and promote the sustainable development of the city. In Jingdezhen City, Jiangxi Province, the comprehensive ecological environment treatment project along the lower reaches of the West River invested by Harmony Health is to improve the ecological environment around the river, enhance the level of urban greening, and create a more livable living environment for citizens. The project will also help protect and improve the ecological environment of the West River and enhance the overall image of Jingdezhen City.
In the face of the challenges of global climate change and environmental pollution, Harmony Health actively responds to the national policy guidance on green finance and sustainable development, innovates investment concepts, and integrates environmental protection factors into the company's core business. By investing in renewable energy power generation financial leasing projects, the company can not only support the development of clean energy, reduce coal consumption and pollutant emissions, and improve environmental quality, but also promote the diversified development of the local economy and promote the sustainable development of related industries. Harmony Health adheres to the concept of "green finance, creating harmony together", is committed to promoting sustainable development and the improvement of environmental quality, hoping to guide more capital to invest in green industries and promote the development of clean energy and the progress of environmental protection.
Keep up with the pace of national strategy and help the construction of a modern industrial system
The modern industrial system is the industrial support of the modern economic system, the core pillar and key hub of the national economic system, and it is an important mission of the insurance industry to help build a modern industrial system. Harmony Health keeps up with the pace of the national strategy, carries out strategic layout in the field of high-tech technology, and helps high-tech enterprises solve the technical problems of "stuck neck" by actively participating in the construction of modern industrial system.
In recent years, the state has issued a number of important documents, the domestic substitution of memory chips has become a national strategy, the national integrated circuit industry investment aimed at the high-tech field, expand the industrial scale of the domestic integrated circuit industry, and improve the technical level. In 2022, Hefei Changxin will receive the first strategic investment in the national integrated circuit industry, and Harmony Health will invest 2 billion yuan to participate in the equity investment of the national strategic project, and promote the first-class enterprises to increase the layout of strategic emerging industries such as artificial intelligence and integrated circuits. Harmony Health focuses on key industries in the manufacturing industry on the investment side, and is the leading semiconductor silicon wafer material provider with a high degree of automation and advanced intelligence in the domestic semiconductor material industry.
Advanced manufacturing and strategic emerging industries are the key industrial areas of the country, and the development of these industries is of great significance to the country's economic development and future competitiveness. By increasing investment, Harmony Health hopes to provide more financial support and development opportunities for the construction of a modern industrial system, support high-tech enterprises to play a role in leading development, creating jobs and international competition, and promote the country's economic development and future competitiveness.
Strengthen social responsibility and help social welfare undertakings
As an enterprise with a deep sense of social responsibility, Harmony Health has always adhered to the business philosophy of "people-oriented", integrated social responsibility throughout the whole process of the company's development, actively fulfilled its social responsibilities through a variety of ways, and interpreted the company's responsibility with actions.
In response to the insurance needs of vulnerable groups such as the elderly, Harmony Health has launched exclusive insurance products and services, so that more people can enjoy the rights and protection brought by insurance by providing more comprehensive coverage. In addition, the company also actively participates in the people's livelihood projects and public welfare projects led by the company to contribute to the improvement of people's livelihood and well-being.
Harmony Health firmly believes that education is the key way to change destiny. Therefore, the company actively participates in education public welfare undertakings and supports the development of education by donating funds to schools. In addition, Harmony Health also carries out employee volunteer service activities and encourages employees to participate in public welfare projects such as voluntary teaching and student assistance, so that more children can receive a good education.
On the eve of the International Day of the Blind in 2023, the "Harmony Health Library" was officially unveiled at the Special Education School in Fuling District, Mianyang City, Sichuan Province, and Harmony Health donated books, reading tables and chairs worth 50,000 yuan to the school. The establishment of the "Harmonious Health Library" is a powerful embodiment of Harmony Health's concern for helping the weak and the poor, and inheriting the virtues.
Harmony Health also promotes the construction of strong towns and villages through fixed-point assistance, donates poverty alleviation funds to the Guangdong Provincial Poverty Alleviation Association and Heilongjiang Hailun Charity Federation, and "one-to-one" helps Taiping Town, Mazhang District, Zhanjiang City, and Chaoyang Village, Zayinhe Township, Hailun City to carry out infrastructure construction work, further improve the production and living environment of local residents, promote the development of agricultural economy, and promote the construction of beautiful villages.
It is reported that in the future, Harmony Health will actively respond to the national green development goals, adhere to the concept of responsible investment, promote the construction of ESG system with high standards, and actively integrate social responsibilities such as serving the "double carbon" goal and promoting the construction of a healthy China into daily operation and management, and comprehensively start a new journey of high-quality development with a higher position, a larger pattern and a broader vision.