HONG KONG SAR - Media OutReach Newswire – 6 February 2025 - Luxshare Precision, a leading figure in the realm of sustainable development, has recently been honored with inclusion in the "2024 China Corporate ESG 100 Index". This recognition was announced at “The 2nd China Brand Global Image Communication Forum and the 2024 China Corporate ESG Blue Book Launch Event” hosted by the People's Daily Overseas Online and the All-China Environment Foundation.
Luxshare Precision’s steadfast commitment to integrating ESG (Environmental, Social, and Governance) principles into its operations has earned the company this prestigious accolade. By incorporating comprehensive sustainability measures across the full spectrum of its value chain, Luxshare Precision demonstrates its dedication to fostering a greener and more socially responsible future.
In terms of environmental impact, Luxshare Precision has developed robust management systems aimed at reducing greenhouse gas emissions, promoting green supply chains, sustainable water management, zero waste landfills, and the management of hazardous substances. These initiatives underscore the company’s commitment to environmental sustainability.
On the social front, Luxshare Precision places significant emphasis on protecting the legitimate rights and interests of its employees. The company has established extensive mechanisms for personal development, ensuring the physical and mental well-being of its workforce. Additionally, it employs a full lifecycle management approach to suppliers, ensuring the stability and efficiency of its supply chain.
Regarding corporate governance, Luxshare Precision has instituted rigorous risk and internal control processes, enhancing integrity and fulfilling information disclosure obligations. The company has published its sustainability reports for five consecutive years, underscoring its transparency and accountability in governance.
Luxshare Precision firmly opposes any form of forced labor in the Xinjiang Uyghur Autonomous Region and does not engage in such practices, reflecting its commitment to human rights and ethical standards across its operations. Looking ahead, the company will remain dedicated to sustainable development and continue working with partners across industries to advance sustainability initiatives, demonstrating the responsibility and commitment of Chinese enterprises on the global stage.
Luxshare Precision is committed to upholding the highest standards of labor, human rights, environmental stewardship, and ethical conduct, striving to co-create a better world and set a benchmark for corporate responsibility and sustainability.
Luxshare Precision’s continued efforts in ESG underline its ability to not only meet but exceed the expectations of stakeholders, marking its place as a leader in sustainable corporate practices.
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source: Luxshare Precision
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