中钨高新：以ESG为翼 筑世界一流钨产业集团

Core Viewpoint - Tungsten is a strategic metal essential for the development of new productivity, widely used in aerospace, new energy vehicles, and artificial intelligence. The company aims to build a globally competitive tungsten industry group by integrating ESG principles into its strategic decision-making and operations [1][2]. ESG Integration - The company has established a three-tier ESG governance structure, integrating ESG into its governance system and linking ESG performance with management responsibilities [1][2]. - Key ESG issues identified include compliance, innovation, product quality, customer service, and environmental management [2]. Compliance and Innovation - A compliance committee has been established to embed compliance processes into workflows, utilizing AI for effective risk management in various areas [2]. - The company plans to invest 694 million yuan in R&D in 2024, with R&D personnel making up 16.18% of the workforce [2]. Environmental Management - Environmental risks are incorporated into the comprehensive risk management system, with a dedicated department for environmental protection [3]. - The company promotes green production and aims to create a waste-free mining operation, focusing on water recycling and tailings resource utilization [3][4]. Green Manufacturing - The company is advancing energy-saving and carbon-reduction technologies, implementing solar power and heat recovery systems in its facilities [4]. - Six subsidiaries have achieved national green factory status, and two have received provincial recognition [4]. Carbon Management - The company actively engages in carbon management, calculating CO2 emissions quarterly, with a total of 401,500 tons of CO2 equivalent emissions in 2024 [5]. - Technological innovations have significantly reduced energy consumption and environmental pollution [5]. Core Competitiveness - The company is enhancing its core competitiveness through industry chain collaboration and technological innovation, with a closed-loop system from resource extraction to application [6]. - The company leads in hard alloy production globally, holding over 25% of the domestic market share [6]. International Competitiveness - The company is improving its supply chain management by integrating ESG requirements into supplier evaluations, promoting green and low-carbon development [7]. - The company aims to become a world-class tungsten industry group, focusing on innovation, coordination, green development, and sharing [7].