Core Insights - The International Hospitality Investment Forum EMEA (IHIF EMEA) 2026 is set to take place from March 23 to 25, 2026, in Berlin, Germany, attracting over 2,500 delegates and more than 700 investors with $581 billion in assets under management [1][8]. Industry Trends - The theme for IHIF EMEA 2026, "Returns Redefined. Value Reimagined," emphasizes the shift in the hospitality industry towards redefining returns and value through impact, performance, and ESG considerations [2][3]. - Investors are increasingly focusing on alpha, performance strategies, and resilient ROI, while also considering flexibility and experience as key drivers for long-term growth [2]. Conference Highlights - The event will feature insights from over 190 leaders discussing global trends affecting the EMEA hospitality landscape [4]. - New specialized passes will be available, including options for executives, under-30 professionals, and all-access attendees, enhancing networking and learning opportunities [6][7]. Networking and Collaboration - The conference will provide a vibrant exhibition hall with over 85 companies showcasing innovations in guest experiences and operational efficiency [6]. - Curated networking sessions will be organized for specific audience categories, fostering partnerships and collaborations among executives, investors, and operators [6]. New Features - A new track, BxR (Brand x Residential) EMEA, will focus on investment and strategy within the branded residences sector [6]. - The Experience Stage will explore how experiential travel has transformed hospitality investment, influencing new concepts and guest expectations [6]. - The Destination Hub will highlight the importance of location and public-private partnerships in emerging markets [6].

Core Insights - The article emphasizes the importance of Environmental, Social, and Governance (ESG) as a core strategic element for companies to reshape their competitiveness in the context of a changing global economic landscape [1] - In 2024, various Chinese regulatory bodies have introduced guidelines to standardize ESG management and disclosure, providing a clear institutional path for companies to deepen their sustainable development practices [1] Group 1: Company Governance and Compliance - The company has integrated ESG sustainable development concepts deeply into its operations, adhering strictly to laws such as the Anti-Unfair Competition Law and the Anti-Monopoly Law, and has been recognized as a "Standing Council Unit of the China Anti-Fraud Alliance" in 2023 [3] - To enhance risk management, the company has implemented a series of internal management systems, including internal audit and supervision management, creating a comprehensive and responsive risk management framework [3] - The company ensures transparency and shareholder rights through strict adherence to investor relations and information disclosure management systems [3] Group 2: Technological Empowerment and Green Manufacturing - The company extends ESG principles to product development and manufacturing, focusing on energy-efficient kitchen appliances that exceed national energy efficiency standards [5] - The company’s gas stoves and innovative QC1i condensing wall-mounted boilers demonstrate significant reductions in CO and NOx emissions, achieving CO emissions as low as 0.005% and NOx emissions as low as 0.002% [5] - The company has established green factories certified by ISO 14001 and has implemented measures to reduce pollution during production, including the introduction of servo pressure machines and the replacement of traditional processes with environmentally friendly alternatives [5] Group 3: Social Responsibility and Community Engagement - The company views social responsibility as an intrinsic part of its development, engaging in diverse and continuous public welfare practices, including educational support initiatives that have benefited nearly 3,000 impoverished children [6] - The company has partnered with the Shenzhen One Foundation to support families with autism, establishing 20 "Parent Support Stations" and conducting 237 activities to assist over 6,000 individuals [8] - In 2024, the company plans to donate 1.3 million yuan to charitable organizations, with total public welfare investment reaching 4.55 million yuan, showcasing its commitment to social responsibility [8] Group 4: Recognition and Strategic Upgrades - The company has received multiple awards for its ESG efforts, including the "ESG New Benchmark Enterprise Award" and recognition for low-carbon initiatives, highlighting its leadership in the ESG domain [8] - The company has transitioned from passive compliance to proactive value creation in its ESG strategy, making ESG principles a core driver throughout the product lifecycle [8] - The company aims to become a leader in high-end kitchen spaces globally, focusing on creating economic, social, and environmental value in a sustainable manner [8]

Core Viewpoint - ESG has transitioned from an optional consideration for companies to a critical factor for long-term competitiveness, driving cost reduction, efficiency improvement, and industry upgrades [1][3][4] Group 1: ESG Integration and Corporate Strategy - Companies must deeply integrate ESG into their strategic operations to manage risks and seize transformation opportunities, especially in the context of global supply chain restructuring and industrial upgrades [4][9] - The Chinese government is promoting a green transition driven by the "dual carbon" goals, providing a broader development space for companies that place sustainable development strategies at their core [4][10] Group 2: 康师傅's ESG Practices - 康师傅 has actively implemented ESG principles through energy conservation, resource recycling, and green procurement, aligning with national "dual carbon" goals [1][5] - The company has been recognized for its innovative practices in ESG, receiving the "2025 财联社致远奖·环境友好（E）先锋企业奖" for its contributions to sustainable development [1][5][13] Group 3: Innovative Practices and Consumer Engagement - 康师傅's "食·裳——塑说新生 万象循回" ESG-themed fashion show at Shanghai Fashion Week showcased its commitment to circular economy by transforming product packaging into fashion resources [5][6] - The company is committed to reducing carbon emissions in product development, exemplified by its introduction of non-fried noodles that lower fat content and carbon emissions during production [8][12] Group 4: Systematic Approach to Sustainability - 康师傅 is moving from isolated ESG initiatives to a systematic approach, extending sustainable practices throughout its supply chain [9][10] - The company has signed environmental and social compliance agreements with all suppliers and is implementing green procurement policies, ensuring that all packaging materials come from certified suppliers [10][12] Group 5: Carbon Management and Energy Efficiency - 康师傅 is actively conducting carbon assessments across its value chain, identifying emission hotspots to develop effective reduction strategies [12] - From 2017 to 2024, 康师傅 achieved a 19.04% reduction in energy consumption and a 27.44% decrease in greenhouse gas emissions per million yuan of revenue [12] Group 6: Future Outlook and Industry Leadership - The recognition of 康师傅's ESG efforts reflects its role in leading the industry towards a sustainable future, transforming ESG into a new productive force for corporate development [13]

芒格先生曾指出，避免愚蠢，长期来看就能让我们更出色。 否定什么，往往比投资什么更重要；避免愚蠢可以产生的复利效果，往往大于试图"持续做出短期高回 报的聪明决定"。 基于在投资实践中的探索和对国内外头部同业观察、对标和质化研究，我们团队形成了一种投资模型， 以试图回答一个问题：如何穿越周期实现确定性复利回报，最终成为全周期投资胜率与收益率的领先 者？ 自2016年末开始开展投资业务，我们首先面临的问题是，究竟对标样本是谁？国际头部机构还是国内 的，居住类资产还是商办园区类资产，权益性投资还是固收类？ 在前期十多年房地产开发和金融投资从业经验基础上，经过近半年的投资探索和对标研究，笔者带领团 队基本确立了精选层不动产金融另类投资的业务模式。 我们累计接触合作需求近万亿元，实质性判断合作需求数千亿元，立项项目近百个，对其中优质项目实 施尽调投决，累计实现投资达同期同业机构的领先规模，实现了项目收益、风险和流动性的良好平衡。 我们对上市房企主体信用做出了准确预测，成功规避其股票及信用债投资风险。 特别是2019年即开始投资净回收；在2020至2021年大部分金融机构仍在加大投资的时候，公司核心领导 果断决策，我们实现 ...

Core Insights - ESG (Environmental, Social, and Governance) has become a core strategic element for companies to reshape their competitiveness amid significant changes in the global economic landscape [1] - The Chinese government has introduced multiple guidelines since 2024 to promote standardized ESG management and disclosure, providing a clear institutional path for companies to deepen sustainable development practices [1] - Vatti Corporation, as a leading listed company in the kitchen appliance industry, received the "Corporate Governance (G) Pioneer Award" at the 6th Zhito Finance ESG Forum for its systematic practices and outstanding achievements in corporate governance [1] Group 1: Compliance and Governance - Vatti integrates ESG sustainable development concepts deeply into its operations, strictly adhering to laws such as the Anti-Unfair Competition Law and the Anti-Monopoly Law, and opposing corruption and unfair competition [3] - In 2023, Vatti was recognized as a "Standing Council Member of the China Anti-Fraud Alliance," establishing itself as a model of industry integrity [3] - The company has implemented a comprehensive risk management system through various internal management regulations, ensuring rapid response to risks [3] Group 2: Digital Transformation and Efficiency - Vatti's key strategy includes digital upgrades to enhance governance efficiency, utilizing advanced information technology and management tools such as ERP, OA, SRM, DMS, MES, WMS, and HRM systems [3] - This digital transformation enables comprehensive coordination in R&D, production, and supply chain management, ensuring product quality and innovation speed [3] Group 3: Green Manufacturing and Product Innovation - Vatti extends ESG principles to product development and manufacturing, focusing on energy-saving and environmentally friendly kitchen appliances [5] - The company’s gas stoves and the innovative QC1i condensing wall-hung boiler exceed national energy efficiency standards, with CO emissions 54% lower and NOx emissions 93% lower than traditional models [5] - Vatti has achieved ISO 14001 certification for its green factory initiatives, implementing measures to reduce pollution and manage waste effectively [5] Group 4: Social Responsibility and Community Engagement - Vatti views social responsibility as an intrinsic part of its development, engaging in diverse and continuous public welfare practices [6] - The company has supported nearly 3,000 impoverished children through its "1+2 Red Scarf Scholarship Program" and has built several educational facilities [6] - In collaboration with the Shenzhen One Foundation, Vatti has initiated programs to support families with special needs, conducting numerous activities to provide long-term assistance [8] Group 5: Recognition and Future Vision - Vatti has received multiple awards for its ESG efforts, including the "Securities Star ESG Benchmark Enterprise Award" and "Annual Low-Carbon Case" recognition, highlighting its leadership in sustainability [8] - The company has transitioned from "passive compliance" to "active value creation" in its ESG strategy, making it a core driver for high-quality growth [8] - Vatti aims to become a leader in the global high-end kitchen space, contributing to economic, social, and environmental value [8]

转自：智通财经 此次荣获ESG"致远奖"，主要得益于海尔智家在绿色发展方面的持续探索。依托6-Green战略，海尔智 家构建起产品全生命周期绿色管理体系。以海尔莱西再循环互联工厂为例，依托行业首个"回收-拆解- 再生-再利用"全链路闭环体系，其废旧家电的精细化拆解比行业增值30%，产出的循环新材料纯度高达 99.9%，目前该工厂已获得绿色工厂认证。10月初，海尔再循环德国K展全球首发家电循环闭环体系， 率先实现了从家电到汽车再到家居、日化等领域的高质循环应用，为全球家电行业树立了可借鉴的实践 样板。 事实上，不止是绿色发展领域，目前海尔智家已将ESG理念全面融入全球全产业链布局。其在环境、社 会及治理三大维度的综合表现已达到全球同行业领先水平，并持续获得国内外资本市场对其长期投资价 值的广泛认可。在社会价值方面，海尔连续9年入选福布斯全球最佳雇主。在公司治理方面，海尔智家 构建起员工与用户价值共享的生态网络。2024年，海尔智家实现100%的工会覆盖率和集体合同签订 率。 除了此次入选"致远奖"外，海尔智家的ESG实践已获得华证指数、中诚信等海内外机构的认可。在国际 ESG评级中，海尔智家在MSCI、路孚特的 ...

Group 1 - The chairman and CEO of Reshape Energy, Lin Qi, emphasized the importance of hydrogen energy in the global energy transition during the 7th Future Energy Conference [1] - The hydrogen industry in China has developed a "vehicle-station-scenery" ecosystem focused on vehicle applications, with commercial models represented by heavy-duty trucks already established [1] - Large-scale green hydrogen projects integrating renewable energy and various consumption methods are emerging as a key direction for future development, with the chemical sector expected to become a major hydrogen usage scenario [1] Group 2 - Reshape Energy specializes in hydrogen technology research and product development, focusing on building a hydrogen industry ecosystem and promoting large-scale commercial applications [2] - The company has established a comprehensive technology layout in the fuel cell and hydrogen production equipment sectors, providing one-stop solutions for hydrogen production and end-use applications [2] - Reshape Energy's ESG rating has improved from A to AA, with a comprehensive score of 8.08, marking a historic breakthrough in the rating system [2]

Core Insights - The GRESB rating results for the China region were announced on October 28, with the company receiving a five-star rating for achieving a total score of 98 [1] - The company is committed to the "dual carbon" strategy and aims for "net zero emissions by 2050," with all new projects meeting national green building standards [3] - The company has registered 194 green building projects covering nearly 40 million square meters by the end of 2024 [3] Group 1: Green Building Initiatives - The company’s Z6 project in Beijing's CBD is the first in China to receive "Net Zero Carbon Excellence Certification," integrating advanced low-carbon technologies and a green electricity trading mechanism [5] - The Z6 project aims to set industry standards and contribute to the development of carbon neutrality evaluation norms for commercial buildings by 2025 [5] Group 2: Health and Well-being Standards - The company has developed the "Ocean Health Building System," which focuses on health-oriented building practices across five dimensions, ensuring user health and safety [6] - This health building system has been implemented in over 150 projects across 51 cities, covering more than 27.8 million square meters [7] Group 3: Market Recognition and Performance - The company delivered 41,800 residential units in 2024, maintaining a top 10 position in overall delivery quality within the industry [7] - The company’s commitment to sustainable development has positioned it as a leader in various international ESG ratings, including GRESB, S&P Global, and Morningstar Sustainalytics [7]

Core Insights - The forum "Global Practices of ESG and Supply Chain Management" was successfully held in Shenzhen, focusing on how companies can build resilient, transparent, and responsible value chains in the context of global sustainable transformation [2] Group 1: ESG Development and Corporate Strategy - LRQA's Executive Vice President emphasized the need for organizations to transition from traditional compliance to comprehensive risk management due to the increasingly complex global business environment [3] - The sustainable development director presented a "three-step" approach for companies to integrate sustainable strategies into operations, enhancing brand influence and achieving a win-win between commercial and social value [3] Group 2: Technological Integration in ESG - MioTech's Senior Vice President highlighted the necessity for digital solutions to address challenges such as fragmented ESG data sources and diverse standards, achieving 70% automated quantitative data collection through their ESGhub platform [4] - AI's potential in enhancing supply chain compliance, environmental performance, and responsible sourcing was discussed, with applications in carbon emission optimization and forced labor identification [6] Group 3: Industry Collaboration and Global Standards - The roundtable discussion featured representatives from various industries sharing practical experiences on transforming ESG from mere reporting metrics into core drivers of innovation and market competitiveness [7] - The upcoming SBTi's new standard aims to shift corporate target setting from "how much is covered" to "how much is impacted," urging companies to enhance supplier collaboration and data transparency [6]

Core Insights - The "HSBC Greater Bay Area ESG Index" has shown a slight year-on-year increase, reaching 122.79 in Q3 2025, while the industry sub-index has hit a new high of 250.92, reflecting a 19% year-on-year growth [1] Group 1: ESG Developments in the Greater Bay Area - The Greater Bay Area is advancing in carbon footprint management and green financial innovation, establishing itself as a national hub for green development [1] - The launch of the Guangdong Carbon Label Information Management Platform facilitates digital management of carbon footprints for enterprises and allows consumers to easily check product carbon footprints, marking a significant step in aligning domestic carbon accounting with international standards [1] Group 2: Growth in Green and Sustainable Finance - The scale of GSSS (Green, Social, Sustainable, and Sustainability-Linked) bonds, green loans, and ESG-themed funds has been on the rise, indicating a maturing and multi-layered green financial ecosystem in the Greater Bay Area [1] - The financial sector's ESG performance has steadily improved, with a focus on the issuance of GSSS bonds and enhanced climate information disclosure [2] - Digital innovations in the financial industry, particularly in green finance, are lowering investment barriers and attracting more investors to participate in green investments [2]