Xuzhou City China, May 20, 2024 /CNW/ — In a major step towards sustainable development, XCMG Machinery (SHE:000425, “XCMG”) releases its first Environmental, Social, and Governance (ESG) report. This landmark document highlights the company's achievements in electrification and intelligent manufacturing in strategic value chains. XCMG is leading the industry's transition to sustainability by strengthening its green competitiveness.
Continue to strengthen green competitiveness and promote the green transition of industry
In 2023, XCMG reduced its carbon emissions intensity by nearly 15% compared to 2020, while reducing energy costs by approximately 15%. RMB 30 million. The company reported that total greenhouse gas emissions for the year were 391,285.29 tons, down 33,269.01 tons or 7.84% from the previous year, and new energy usage accounted for 19.64% of total energy consumption.
Continue to explore the forefront of intelligent equipment and production in the construction machinery industry
Taking great strides towards the forefront of intelligent equipment and production in the construction equipment industry, XCMG has been selected as the 2023 Intelligent Manufacturing Demonstration Factory. Chinese Ministry of Industry and Information Technology. This honor confirms XCMG's commitment to exploring intelligent manufacturing models that span product design, manufacturing, supply chain collaboration, marketing and after-sales service. In 2023 alone, XCMG made the following investments: 501.87 million yuan In research and development, we obtained 1,672 new patents and set 40 new standards, while accumulating a total of 1,229 software copyrights.
Investing in human resources for sustainable business growth
XCMG Machinery recognizes human resources as the main resource, 26 million yuan During 2023, we participated in global staff training and conducted more than 10,067 training sessions with approximately 400,000 participants in various areas such as technology management, marketing and manufacturing. The company also conducted 964 safety hazard inspections, completed 12,320 corrective actions, and strengthened its safe operations and production management systems, along with occupational disease prevention training.
Beyond our internal advocacy efforts, XCMG continues to take on the responsibility of improving social conditions. Since 2016, we have been tackling the challenges of extreme weather caused by prolonged drought. ethiopia By building water points for domestic use. Rooftop and groundwater collection techniques will be used to provide filtered rainwater for drinking and agricultural use during the dry season. By the end of 2023, 161 household water dispensers and 20 school purification systems will be completed, significantly reducing the local water shortage problem during the dry season.
To read the report, visit https://www.xcmgglobal.com/upload/file/2024/05/14/b158bff9b82a42379a788c881df76e62.pdf.
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SOURCE XCMG Machinery
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