Since China's "dual carbon" goal was proposed, various industries and fields have been actively promoting green and low-carbon upgrading. It is also clearly pointed out in the latest work report that high-quality development is the primary task of building a modern socialist country in an all-round way. The ESG concept is very consistent with the direction of China's green economy transformation and can help enterprises accelerate the realization of green and low-carbon development.
ESG stands for environment, society, and governance, and advocates that enterprises should pay attention to environmental protection, corporate governance, and social responsibility in the process of production and operation, which is of great significance to achieving sustainable development. ESG investment concepts and methods are becoming more and more widely used around the world, as it can help investors better understand corporate social responsibility, environmental protection and governance, so as to better assess the risk and value of enterprises. ESG can promote carbon reduction and provide long-term protection mechanisms to help companies improve their public image and investment value. In addition, it can also motivate enterprises to do a good job in reducing emissions, and formulate a more complete green and low-carbon development strategy roadmap.
Since its establishment, Uni-President Lubricants has attached great importance to environmental protection, kept up with the pace of global environmental sustainable development, continuously practiced ESG responsibility, released a new low-carbon brand strategy, and established an ESG management committee and a low-carbon ** chain alliance, aiming to work with more partners to create a low-carbon future.
It is understood that Uni-President Petrochemical has successively obtained ESG 14064 organization-level greenhouse gas accounting and certification, ISO14067 carbon footprint accounting and certification, ISO 50001 energy management system certification, ISO14046 water footprint certification, etc. It can be seen that Uni-President Petrochemical not only has the ability to manage carbon emissions, but also has the ability to measure water resource utilization management. The establishment of the Unified Green and Low-Carbon Chain Alliance is based on the ISO20400 sustainable procurement standard system, and Uni-President Petrochemical has reached a consensus with the alliance partners on voluntary carbon reduction. By selecting sustainable raw material suppliers and selecting new environmentally friendly materials, we can reduce carbon emissions from the procurement process. In addition, the establishment of this alliance has further promoted the first-class merchants to carry out third-party carbon emission testing, mark carbon emission reduction data for products, establish a traceable low-carbon system, and truly achieve carbon reduction from the source.
While practicing ESG, Uni-President Petrochemical has continuously improved its management system, assumed the social responsibility of domestic brands, played an active and leading role, organized a series of public welfare activities, disseminated low-carbon support, and advocated a low-carbon lifestyle. Uni-President Petrochemical has long integrated its low-carbon development strategy with its carbon neutrality mission. Next, Uni-President will continue to be guided by the low-carbon development strategic roadmap, actively give full play to its own technical advantages in the field of low-carbon lubrication, keep in mind the corporate mission, and strive to contribute to the early realization of China's "double carbon" goal.