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Sinochem Holdings Releases its 2021 Sustainability Report

Date:2022-09-02     Source:Sinochem Holdings

On August 22, Sinochem Holdings released its 2021 Sustainability Report. This Report is oriented to display Sinochem Holdings’ new style, which follows the philosophy of “In Science We Trust,” adheres to positioning the business for internationalization, and focuses on comprehensive value creation. The Report covers the following six dimensions: integration and restructuring, innovation and creation, HSE competitiveness, employee growth, coordinated development and social well-being. This fully demonstrates the Company’s ability—over the past year—to innovate and pursue a path towards sustainable development. This is also the first sustainability report issued by Sinochem Holdings since its restructuring.

In integration, Sinochem Holdings—guided by Xi Jinping’s Thought on Socialism with Chinese Characteristics for a New Era—is resolutely implementing the guiding principles of General Secretary Xi Jinping’s important instructions and the major decisions and deployments of the Party Central Committee. Through this, it has reached a new level of achievement and established a new corporate atmosphere by solidly promoting its restructuring and planning the new development dynamics of Sinochem Holdings. With its new development philosophy, it has attained remarkable results. The company has made new breakthroughs in seizing market opportunities, diving into synergistic value, managing current operations, and continuously implementing significant reforms. This has laid a solid foundation for rebuilding itself as a world-class chemical conglomerate.

In innovation and creation, Sinochem Holdings insists on integrating corporate development into the overall landscape of social development. To meet people’s needs for a better life, it is committed to providing strategic products that are closely related to social production and people’s lives. Through its own reliable business advantages, it safeguards food security, empowers China’s agricultural transformation and upgrading, provides robust energy security, promotes the progress of the chemical industry, contributes to economic and social development, and continues the improvement of people’s livelihoods.

In HSE competitiveness, Sinochem Holdings adheres to the vision of being the “Global HSE Forerunner.” It establishes the philosophy of “HSE First,” maintains the goal of “Zero Loss,” strives to promote the integration and optimization of the HSE system, and coordinates production, operation and HSE management. It resolutely follows the pursuit of green development and low-carbon operations, and Sinochem Holdings has achieved remarkable results in the efficient use of energy resources, pollution prevention and control, and the reduction of greenhouse gas emissions. The quality of its methods in ecological and environmental protection continues to improve.

Regarding employee growth, Sinochem Holdings respects and protects the rights and interests of its employees. It is constantly improving the mechanism for promoting talent, establishing clear career development channels, maintaining employees’ work-life balance, and enabling employees to achieve self-development.

In coordinated development, Sinochem Holdings has integrated the philosophy of sustainable development into its daily operations and management activities. This philosophy is reflected in the communication process with stakeholders and the importance that is attached to strengthening cooperation with governments, enterprises, financial institutions, scientific research institutions, suppliers, etc. Sinochem Holdings proactively advocates that its partners fulfill their social responsibilities, collaboratively building a sustainable industrial chain. This will contribute to economic development, social progress, industry upgrades, and significant improvements to the quality of human life.

In social well-being, Sinochem Holdings steadfastly fulfills its political, economic and social responsibilities. It actively serves the needs of the people and participates in social welfare undertakings. It openly reports Sinochem Holdings’ “temperature” to the public, strives to improve the quality of life, and continuously promotes everyone’s well-being. The company actively contributes to the prosperity of the country, the rejuvenation of China, the happiness of the people, and the propelling of social harmony and progress.

 

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