Core Viewpoint - The article highlights the importance of ESG (Environmental, Social, and Governance) practices in the dairy industry, showcasing Yili Group's innovative approaches to carbon reduction and sustainable development [1][4]. Group 1: Yili's Carbon Reduction Initiatives - Yili has leveraged ESG as a tool to transform various elements of its supply chain, including grass from pastures, electricity from factories, and packaging of products, into new production factors for high-quality development [6]. - The company has established a "dual footprint" carbon reduction strategy, focusing on both carbon and water footprints, and has set ambitious goals to peak carbon emissions by 2012 and achieve carbon neutrality across its entire supply chain by 2050 [9]. - Yili has built five "zero-carbon factories" and launched six "zero-carbon products," with 44 factories recognized as national "green factories," leading the industry in these achievements [9][13]. Group 2: Sustainable Social Value Ecosystem - Yili has initiated a "Sustainable Social Value Ecosystem" in collaboration with various partners, aiming to balance commercial and social values while promoting consumer engagement in carbon reduction [14][17]. - The company emphasizes the integration of business and social value through this ecosystem, inviting more partners to contribute to sustainable development at both national and global levels [17]. - Yili's commitment to ESG principles is reflected in its continuous improvement in MSCI-ESG ratings, achieving an AA rating for four consecutive years, making it the highest-rated company in the Chinese dairy sector [9].