Core Viewpoint - The article highlights the transformation of Panzhihua Steel (Pangang) under the "Two Mountains" concept, emphasizing its commitment to environmental protection and sustainable development through significant investments in green initiatives and pollution control [2][3]. Environmental Initiatives - Pangang has invested over 10 billion yuan in environmental governance, ultra-low emission modifications, and mine restoration, contributing to the ecological well-being of Panzhihua and benefiting local communities [2]. - The company has achieved a significant improvement in air quality, ranking 14th among Chinese cities and 1st in Sichuan province for air quality in 2018, and 7th in national water quality rankings in 2019 [2]. - Pangang has implemented comprehensive waste gas treatment across various processes, including sintering, coking, and steelmaking, addressing the high sulfur content in local iron ore [2][3]. Water and Waste Management - The company has constructed multiple projects for industrial wastewater treatment and has achieved "zero wastewater discharge," becoming one of the first steel enterprises in China to do so [2]. - Pangang has invested 477.1 million yuan in ecological restoration of its limestone mine, completing the restoration of 1,941.35 acres within a year [3]. Carbon Reduction Efforts - Since the beginning of the 14th Five-Year Plan, Pangang has invested 3.6 billion yuan in carbon reduction initiatives, achieving a total carbon reduction of over 1.1 million tons [3]. - The company has established a carbon management department and implemented a digital platform for energy and carbon management, enhancing energy efficiency and reducing carbon emissions [3]. Green Product Development - Pangang has developed technologies for efficient recovery of vanadium and titanium, receiving the "angreen" green low-carbon brand label, which meets increasing ESG procurement requirements [3]. - The company has become a leader in the steel industry by publishing environmental product declarations and setting carbon footprint standards for vanadium-titanium products [3].