2024-03-29-上交所-永兴股份2023年度环境_社会责任和公司治理（ESG）报告_45页_35mb

Guangzhou Hangtou Yongxing Group ESG Report Summary

Introduction

This report details Guangzhou Hangtou Yongxing Group Co., Ltd.'s 2023 performance in environmental, social, and governance (ESG) aspects, focusing on sustainable development and stakeholder engagement. The company, which specializes in waste-to-energy and biomass processing, aims to achieve industry leadership and societal contributions through innovative practices and compliance.

Environmental Performance

The company actively promotes a circular economy, with multiple recycling parks in Guangzhou and the Pearl River Delta handling waste efficiently. Key initiatives include advanced smoke gas treatment technologies, achieving emissions levels better than EU standards, and resource recovery projects converting waste into valuable materials like eco-friendly sand. Annual waste disposal exceeded 892,300 tons, with green energy generation reaching 36.91 billion kilowatt-hours, supporting over 40,000 households for a year.

Social Responsibility

Yongxing emphasizes employee welfare, offering training programs, career development opportunities, and health initiatives such as the "Red耀五星"党建 project. Community engagement includes environmental education in schools, volunteer activities, and support for rural development, such as purchasing agricultural products and organizing educational events. The company also participates in public open days, enhancing transparency and public awareness.

Governance

The company maintains robust governance structures with a compliant board and transparent disclosure processes. Key achievements include multiple governance awards, rigorous risk management systems, and adherence to national and international standards. Disclosures cover risk assessments, internal controls, and compliance training, ensuring operational integrity and stakeholder trust.

Key Metrics and Honors

• Total employees: 1,817 in 2023.
• Waste processed: 892,300 tons.
• Green energy generated: 36.91 billion kilowatt-hours.
• Received numerous awards, including "Outstanding Member Unit" in 2023 and recognition for circular economy innovations.
• Continuous improvement in governance and ESG reporting, aligning with global standards like GRI.

Conclusion

Yongxing has made significant strides in sustainable practices, employee development, and governance, positioning itself as a leader in the waste management sector. Future plans focus on enhancing circular economy models, technological innovation, and further stakeholder engagement to achieve long-term sustainability goals.