On Sep. 26, the 2024 ESG Management Systems Convention of China Public Companies in the theme of “focus on sustainable development practices to promote value growth” was held by China Times (a weekly magazine) in Beijing on Sep. 26th. Baolong’s presentation - “Comprehensively build a green management system to lead a new chapter in carbon neutrality” was selected as an excellent case of ESG-Environmental Management Practice for the 2024 ESG Practices Observation Report of China Companies by the ESG Observation League, China Times.

The ESG Observation League of China Times have collected outstanding cases of ESG practices from all public companies and its subsidiaries in China. After assessment by the committee, 48 excellent cases in the field of environmental management practice, social management practice, and ESG practices of overseas companies were selected.

In recent years, Baolong has implemented strategic actions and key measures to comprehensively promote carbon neutrality in accordance with its Carbon Neutrality Management Strategy and Carbon Reduction & Carbon Neutrality Management Guide. The company has implemented lean production, and energy conservation & emission reduction, and improve waste disposal ability in its manufacturing campuses. Buying and consumption of green electricity is also enhanced. Specifically, photovoltaic power generation is adopted by the manufacturing campuses in Hungary, Ningguo, Hefei, and Shanghai. The company has implemented green development, green manufacturing and intelligent manufacturing to maximize economic, environmental and social benefits, and realize sustainable development.

As a public company, Baolong has actively released its social responsibility report and ESG report for three consecutive years to let the public know its activities and achievements in environment protection, social responsibility, company governance, and social welfare.