International CSRC Investment Holdings Co

Lobbying Governance

AI Extracted Evidence Snippet Source

In order to improve energy management performance, CSRC regularly conducts statistics on the energy use status of each operating plant as the basis for modifying the energy policy direction, and the relevant data is checked by the Finance Department to ensure the accuracy of the data. The President and the Assistant Vice President of Finance will participate in such meetings from time to guide the Company's direction for energy conservation and emission reduction. [...] In order to effectively achieve the goal of greenhouse gas reduction, the Group has established an Emissions Management Team consisting of personnel from the Technical Department, the Safety and Environment Center, and various operating plants. A cross-plant online e-carbon emission monitoring system has been established for plants in Greater China, which can be checked at any time. Regarding carbon emissions, plants in all regions around the world hold regular meetings to review and track carbon emissions and invite each plant to share its carbon reduction solutions and performance with other plants so that they can learn from each other. The monthly and quarterly greenhouse gas emission intensity of the plants in Greater China has been listed as a KPI of the plants. The KPI is linked to the performance bonus to motivate all employees to work together for energy conservation and emission reduction. [...] To further promote low-carbon transition, the Group has budgeted greenhouse gas management and regularly reports to the Board of Directors.

https://www.csrcgroup.com/csr-en/csr4-2.html

Through the operation of the ESG Committee, CSRC annually reviews the UN Sustainable Development Goals (SDGs) and their applicability to CSRC's operational development. We furthermore encourage employees to take ESG actions in their daily business and promote them outward to enhance the communication with our stakeholders. [...] To ensure the implementation of corporate social responsibility, CSRC has set up a Corporate Sustainable Development Committee under the Board of Directors. It is responsible for reviewing ESG reports, approving ESG annual goals, tracking and reviewing the effectiveness of ESG in each aspect, and ensuring the implementation of the Company's corporate social responsibility. The Committee meets at least once a year. Furthermore, CSRC strengthens the connection between ESG and the Company's business philosophy by appointing its Chairman as the Committee's Director and the General Manager as Deputy Director. The highest-level supervisor of each unit of authority will serve as a team member. In addition to the regular attendance of committee members and group leaders, each time the meeting is held, the chair may invite group members to participate in accordance with the contents of proposals. Each team should have a second officer appointed by the team leader who is responsible for the team's communication and coordination of relevant matters and collecting information and other matters relevant to the team's responsibilities.

https://www.csrcgroup.com/csr-en/report/report_2022.pdf