On December 21, the 2023 Responsible China ESG Annual Ceremony with the theme of sustainable development of "carbon" road was held in Guangzhou. At the meeting, the "2023 ESG Enterprise Practice Trend Insights and 2023 ESG Top 10 Social Responsibility Risk Events" were released, and the 2023 Responsible China ESG Innovation Cases were announced to pay tribute to the innovative exploration of enterprises in fulfilling green and low-carbon, sustainable consumption, rural revitalization, social action, corporate governance, etc.
On the same day, the "2023 Responsible China ESG Innovation and Development Forum" hosted by Nanfang *** was held in Shanghai. At the meeting, experts and scholars from universities and institutions, as well as representatives of Internet, travel, consumption and other enterprises shared and exchanged views on topics such as carbon neutrality, green transformation, and corporate governance, and the "2023 Responsible China ESG Innovation Trend Research Report" compiled based on the research results of the Nandu research group was officially released.
For a long time, people evaluated whether a company has good prospects and whether it is worth investing in, mainly based on its "financial fundamentals". In today's progressive times, an excellent enterprise must not only be able to make money, but also have a strong sense of social responsibility. This is the concept of ESG that has emerged globally in recent years - E stands for environment, S stands for social responsibility, and G stands for corporate governance. There is a growing tendency to believe that only companies that are more environmentally conscious, more willing to assume social responsibility and better corporate governance are worthy of pursuit and are more suitable as investment targets.
Emphasizing that enterprises should pay attention to ecological and environmental protection, pay attention to fulfilling social responsibilities, and effectively improve the level of governance, the implementation of such a concept is undoubtedly conducive to maintaining a high degree of prosperity in China's economy, and is also conducive to social stability and people's happiness. From the perspective of enterprises, practicing ESG concepts can better integrate with the international market, and also provide a direction for enterprises to maintain competitive advantages and achieve sustainable development. This is the fundamental reason for the rapid development of ESG in China in recent years, and the attention to ESG from the national to the corporate level is increasing.
As one of the earliest companies concerned about the sustainable development of enterprises, as early as 2004, Nandu focused on the theme of green economy and sustainable development and launched a special study on "Responsible China". Now, Nandu has launched the "2023 Responsible China ESG" case collection and held relevant ceremonies and forums, Wang Dong, Director of the Sustainable Development Goals Localization Program of the United Nations Development Programme (UNDP) in China, said that this is a "responsible and intelligent work".
Since the concept of ESG has not been introduced to China for a long time, and the relevant practice is still in the exploratory stage, it is inevitable that there will be some lessons, and there will definitely be many excellent companies that have taken a good path for others to refer to. At the ceremony, the top 10 ESG risk events of the year were released, and the annual ESG innovation case of China was also announced, which is obviously due to the far-reaching considerations of these two aspects.
The roller coaster accident in Happy Valley in Shenzhen, the price increase of Yuyue Medical oximeter, and the reselling of graduates' resumes by 58 Group for profit were selected as the top ten social responsibility risk events in ESG, which are full of warnings. It fully shows that respect for life safety is the bottom line of enterprise management, compliance management is the cornerstone of the steady development of the enterprise, and good reputation is the golden sign of the company's long-term development.
The 42 innovation cases cover three major sectors: environmental, social and governance, involving green and low-carbon innovation practice cases, sustainable consumption practice cases, rural revitalization innovation innovation cases, social action innovation leading cases and corporate governance compliance demonstration cases.
From these cases, it can be seen that among excellent enterprises, it has become a trend to improve the ESG governance structure, always adhere to the legal compliance requirements throughout the whole process of enterprise production and operation, and incorporate ESG into the management of the enterprise, so as to promote the green and sustainable development of the entire industry.
For example, the two companies that have won the honor of "Green and Low-Carbon Innovation Leading Enterprise" have launched the Moutai glass bottle reuse project to help reduce energy consumption, reduce resource consumption, reduce pollution and emission reduction, improve product quality, and promote low-carbon environmental protection, energy conservation and emission reduction in the daily glass industryDecathlon collaborated with 14 industrial partner enterprises upstream and downstream of the chain to reduce its carbon footprint and purchase green electricity from new offshore solar power generation at the whole site for five years, thus accelerating the ......process of green transformation of the industry
High-quality development is the primary task of building a modern socialist country in an all-round way. The report of the 20th National Congress of the Communist Party of China pointed out that to promote the construction of a beautiful China, it is necessary to accelerate the green transformation of the development mode, implement a comprehensive conservation strategy, develop green and low-carbon industries, advocate green consumption, and promote the formation of green and low-carbon production methods and lifestyles. How to promote sustainable development, the case of Responsible China 2023 ESG enterprises is worth learning.