On June 26, the "2023 Plastics Value Chain ESG Development Summit Forum" sponsored by Kingfa Science & Technology Co., Ltd. was held in Shanghai. At the forum, Kingfa Technology took the initiative to release the first ESG report of the plastics industry to the whole society. Through policy interpretation, international exchange, practice sharing, industry dialogue and other forms, the forum discusses climate change and "dual carbon" goals, ESG (environmental, social and corporate governance) development status and trends, ESG disclosure and rating, ESG investment and financing, Discuss issues such as the development of circular economy and plastic pollution control, and explore the sustainable development strategy and realization path of the plastic value chain.
At the forum, Li Jianjun, chief scientist of Kingfa Science & Technology Co., Ltd. and foreign academician of the Russian Academy of Engineering, released the 2023 ESG report on behalf of the group. According to reports, this is the first corporate ESG report in the plastics industry. Li Jianjun said that as a world-leading company in the plastics industry, the environment, society and governance are closely related to Kingfa Technology, which requires not only technology and material solutions, but also other comprehensive solutions for green and low-carbon cycles.
He focused on the topic of "Making the Best Use of Plastics for a Green Future" in the report. Compared with raw materials, at least 8.74 million tons of oil consumption has been reduced, 2.38 million tons of standard coal consumption has been reduced, 2.16 million tons of carbon dioxide emissions have been reduced, 7.9 billion kilowatt-hours of electricity have been reduced, and more than 100 million tons have been reduced of water. In 2021, Kingfa Technology is also the first company in the industry to propose a carbon strategy and carbon target. It plans to produce 1 million tons of green plastics, recycle 1 million tons of waste plastics, and produce 1 million tons of recycled plastics in 2030.
According to reports, Kingfa Science & Technology has always practiced green manufacturing, so it has made all-round investment in the management system from the perspective of energy and resources. At present, it has accumulatively established 4 national-level green factories. This time, Kingfa Science & Technology took the initiative to release the first ESG report of the plastics industry to the whole society, hoping to become the world's best new material company that is highly respected by the industry. In the end, Academician Li Jianjun expressed that he hoped to work with the upstream and downstream enterprises of Kingfa Science and Technology to advance ESG indicators and modules step by step and win the future together.
At the forum, Wang Zhanjie, chairman of the China Plastics Processing Industry Association, said how to do a good job in the green design of plastic products and the pollution control of waste plastics, how to better make it recyclable, easy to recycle, easy to regenerate, and degradable, how to It is one of the core tasks for the sustainable development of the industry to achieve the whole chain of waste plastic pollution control. Therefore, the China Plastics Association and key enterprises including Kingfa Technology have been working hard, from the production of recycled plastics, high-quality recycling, to the research and development and marketing of degradable plastics. concrete manifestation of social responsibility.
Huang Hesheng, deputy general manager of Kingfa Technology Co., Ltd. and general manager of East China Branch, said that ESG was born in the capital market, but after years of application and expansion, it has become an indispensable management tool for companies, especially listed companies. China's ESG development is in the ascendant. Driven by green and low-carbon transformation and "dual carbon" goals, since A-shares were officially included in the MSCI index in 2018, relevant Chinese government management agencies and financial institutions have issued a number of corporate ESG information disclosures, etc. This is the trend of the times, and it is also the only way for Chinese enterprises to move towards more modern and international development. Looking forward to the future, Kingfa Technology will use the ESG strategy as a new engine for development, continue to promote the company's major changes in the field of sustainable development, explore a new generation of growth drivers, and join hands with all parties in the ecology to create a sustainable future.
Chai Qimin, director of the Strategic Research Department of the National Climate Change Strategy Research and International Cooperation Center, made a keynote report on "Coping with Climate Change and Enterprise Upgrading and Transformation under Dual Carbon Goals" through video; he said that global climate change has become A crisis that has to be dealt with right now. In order to realize development and decarbonization, China must promote technological and industrial innovation in the future, and to achieve dual carbon needs to promote production and consumption, energy supply, electrification rate of end-use energy sector, fuel and original renewal, and bottom-up technology. Important technological and industrial innovations in the field; PricewaterhouseCoopers (PwC) China ESG Sustainable Development Market Leader, Climate Change and Sustainable Development Partner Ni Qing, from the perspective of global ESG sustainable development disclosure trends, respectively from The promulgation of legislation, the formulation of new standards, and the improvement of the sustainable financial system will vigorously promote the sustainable development and transformation of enterprises; Li Fei, China Deputy Director of CDP Global Environmental Information Research Center, introduced CDP and the practices disclosed by Chinese enterprises through CDP ; Zhang Ruohai, chief analyst of CITIC Securities Data Technology & ESG Research, shared the current status and prospects of ESG investment in China; Wang Jie, vice president of Schneider Electric and head of corporate affairs and sustainable development, shared the company's practical experience in sustainable development.
In the roundtable dialogue session, the forum guests centered on the theme of "green and low-carbon circular transformation and upgrading of the plastic value chain", and put forward green, low-carbon and circular transformation suggestions to stakeholders in the plastic value chain from their own perspectives. (Chen Hongying)
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