Shuifa Xingye Energy has achieved remarkable ESG results, demonstrating the responsibility of state

Mondo Social Updated on 2024-01-31

Recently, Shuifa Xingye Energy rushed to the aid of Gansu **, urgently dispatched and donated a batch of disaster relief materials, helped the people in the disaster area solve the problem of temporary resettlement and life, supported the reconstruction of the disaster area, and demonstrated the sense of social responsibility and responsibility of state-owned enterprises. In addition to donation and relief activities, the company actively promotes green energy projects, promotes technological innovation, and actively practices the concept of ESG (environmental, social and governance). Up to now, Shuifa Xingye Energy holds more than 1GW of photovoltaic projects, which can generate 12 green electricity per year5.1 billion kWh, which is equivalent to saving 37 million standard coal per year70,000 tons, reducing carbon dioxide emissions by 69790,000 tons, sulfur dioxide 12633 tons, dust 2751 tons, nitrogen oxides 1902 tons. In the field of green building, the company has made a major technological breakthrough and won the China Construction Engineering Decoration Award again, and in the field of new materials, the company won the first prize of the 2023 Guangdong High-tech Enterprise Association Science and Technology Progress Award.

Actively practicing the concept of ESG, the layout of diversified green industries has been fruitful.

In 2020, the dual carbon goal was proposed, and in 2022, the State-owned Assets Supervision and Administration Commission (SASAC) established a Social Responsibility Bureau to promote the development of social responsibility in the state-owned assets system, and the promotion and implementation of ESG concepts in China ushered in important development opportunities.

Facing the east wind of the policy, as the first ownership company under the State-owned Assets Supervision and Administration Commission of Shandong Province to be certified as a main green enterprise, Shuifa Xingye Energy continues to practice the concept of ESG development, and has formed a complete ESG development strategy in the fields of green buildings, clean energy and green finance, and has been awarded the GC-1 highest level of green enterprise certification.

In terms of green buildings, Shuifa Xingye Energy has been deeply involved in the industry for nearly 30 years, and has completed more than 100 design consulting projects related to ultra-low energy buildings and net zero energy buildings, as well as more than 1,000 domestic and foreign building curtain wall projects, and has repeatedly won authoritative awards at home and abroad, such as "Luban Award", "Zhan Tianyou Award", "National Construction Engineering Decoration Award", "IAA International Architecture Award", "IDA American International Design Award" and so on. Recently, the two projects of Shuifa Xingye Energy once again won the highest honor in the industry, the "2023-2024 China Construction Engineering Decoration Award", and their contribution to the sustainable development of the building decoration industry has been widely recognized by the industry and society.

In terms of clean energy, Shuifa Xingye Energy has been rooted in the industry for nearly 20 years, forming a diversified layout of wind, solar and storage. According to incomplete statistics, Shuifa Xingye Energy has obtained wind power and photovoltaic project indicators of more than 1,000MW in the first three quarters of 2023, and since the fourth quarter, the company has signed contracts in the field of clean energy, and the scale of project reserves has been increasing, laying a solid foundation for next year's performance, and also making continuous contributions to promoting low-carbon and green development.

In order to empower the rapid development of the green industry, Shuifa Xingye Energy closely followed the strategic deployment of green finance in the ** financial work conference, and successfully issued the country's largest green panda corporate bond this month, with an issuance scale of 1.4 billion yuan, which is of great significance for continuously improving the ability of the capital market to serve green and low-carbon development.

This year is the fourth consecutive year that Shuifa Xingye Energy has released the "Environmental, Social and Regulatory Report", and the company is committed to promoting the institutionalization, systematization and normalization of ESG work, and continuously deepening ESG practices with practical actions, so as to grow into a domestic first-class green industry group leading the development of clean energy industry, green building solutions and intelligent manufacturing of new materials, and promote the positive development of economy and society.

Focusing on the two major focuses of green industry and green technology, ESG benefits are becoming increasingly apparent.

According to the statistics of Morningstar, an international authoritative rating agency, as of the end of 2022, the total assets of global sustainable ** reached 2At US$74 trillion, Europe accounts for 81% of the total size, while Asia (excluding Japan) has sustainable** total assets of nearly US$52 billion, accounting for less than 2%, compared with Europe and the United States, there is still huge room for development in China's ESG investment market.

From the perspective of investment value, ESG concepts have quite broad prospects, not only that, but companies with better ESG strategies often have good business value, first, they generally enjoy the premium paid for products and services, second, they can enhance the influence of the company's existing market to release growth potential, and third, they can adapt to changing market dynamics, regulatory changes and social expectations, ensure the long-term success of the company and improve its position in the business ecosystem.

In recent years, under the guidance of the national strategy, the ESG concept in China has entered a new stage of accelerated development and has become an important engine for enhancing corporate value. If enterprises want to achieve the unity of investment value, business value and social value, practicing ESG concept is an indispensable bridge.

Focusing on the two major focuses of green industry and green technology, Shuifa Xingye Energy has made a comprehensive layout for high-quality and sustainable development in the process of practicing the ESG concept, and the ESG concept has also become an important transformative force for the company to promote innovation and create value. At present, Shuifa Xingye Energy has authorized 503 patents in the fields of green buildings, solar energy applications and new materials, and the company has also won 30 scientific and technological achievements above the municipal level, 27 high-tech products and 17 scientific and technological awards.

Shuifa Xingye Energy's technological innovation based on the ESG concept continues to lead the positive development of the green industry. Recently, the company's Hong Kong International Airport third runway concourse concourse and apron project related systems passed the PMU (Performance Mock-Up) test, and performed well in 18 tests such as watertightness, air tightness, ultimate wind pressure, structure, and displacement, demonstrating the leading strength of Shuifa Xingye Energy's low-carbon green building technology.

In addition, in the field of new materials, Shuifa Xingye Energy has also reaped fruitful results. Recently, the company's "key technology research and development and industrialization of new liquid crystal dimming products" project won the first prize of scientific and technological progress award of Guangdong High-tech Enterprise Association. Related products are widely used in public buildings and transportation vehicles, and exported to Europe, the Middle East, North America and other countries and regions. After identification, the technology of the project is at the international advanced level, which fills the domestic gap, solves the problem of "stuck neck" of dimming film materials in China, and achieves significant economic and social benefits.

After 28 years of steady development and continuous innovation, Shuifa Xingye Energy has integrated ESG concepts into the company's development, focused on green industries, promoted continuous innovation of green technologies, and continuously realized its own commercial and social value in serving the green economy.

From spontaneous to conscious, from concept to action, Shuifa Xingye Energy firmly fulfills its corporate responsibilities, fully demonstrates its social responsibility, and has achieved good results in the process of serving the green economy. In the future, Shuifa Xingye Energy will continue to practice the ESG concept and realize the unity of investment value, commercial value and social value while promoting the positive development of the green economy.

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