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Wind ESG rating A! Shanghai Jahwa Sustainable Development Strategy Recognized by Authority

2021-10-21

Recently, Shanghai Jahwa was awarded Wind ESG rating A, ranking fourth in the daily consumption industry, which indicates that the company's ESG medium-and long-term strategic planning and promotion have been recognized by external authorities.

Wind is a well-known financial data and analysis tool service provider in China, and is the information provider of data and information of most well-known financial academic research institutions, mainstream Chinese and English media, research reports and academic papers in China. Wind ESG rating is based on relevant ESG policies and standards at home and abroad. Through years of in-depth research and combined with Wind's unique data collection, analysis and processing capabilities, a localized ESG evaluation index system is developed and constructed according to the ESG characteristics of Chinese enterprises. The system distinguishes three dimensions: environment, society and governance, and comprehensively reflects the ESG management practice level of enterprises. At present, Wind ESG rating has covered 800 constituent stocks of CSI, and it is planned to cover all A-share listed companies this year, and will gradually expand to Hong Kong stocks and China Stocks.

ESG responsibility management mode in foreign capital market has emerged in China. This year, 20 years after Shanghai Jahwa went public, the company introduced ESG management mode. The company released the first ESG annual report in the domestic industry, and released the Outline of ESG Medium-and Long-Term Strategic Planning in March this year, which disclosed the medium-and long-term goals in environment, society and corporate governance. Especially in terms of environment, in order to meet the dual-carbon goal issued by the state, the company plans to reduce the environmental impact of more than 50% newly developed or updated products in the whole life cycle by 2025, and the carbon emissions of all its own operating facilities, including factories, warehouses and offices, will reach the peak, and the carbon emissions per unit product of its own factories will be reduced by 30%. By 2035, the environmental impact of 100% newly developed or updated products will be reduced in the whole life cycle, 100% self-owned factories will be carbon neutral, 50% water consumption per unit product will be reduced, and 100% waste will be utilized as resources. By 2050, the whole value chain will be carbon neutral, all products will be 100% green and low-carbon products, all factories will realize 100% water recycling, and 100% packaging plastics will come from recycled or bio-based materials.

Shanghai Jahwa was awarded Wind ESG Rating A this time, which is inseparable from the comprehensive promotion and reform implementation of the company in three dimensions: environment, society and corporate governance:

On the environmental front,

Shanghai Jahwa relies on the integrated construction project of green design platform, establishes product life cycle assessment system as a tool of green design, establishes and improves green standards, protects ecological balance and promotes sustainable development of the industry. In addition, the company adheres to the concept of green procurement and launches upstream partners to jointly build a green manufacturing system and promote green consumption behavior; Adhere to the use of clean energy, reduce energy consumption, promote packaging recycling, etc., and achieve low-carbon emission reduction.

On the social front,

Shanghai Jahwa never forgets its original intention, keeps its mission in mind, and actively undertakes corporate social responsibility. Adhering to the concept of "born for beauty and doing good", the company gives back to the society, cares for and treats every employee well and grows together with them, and forms a community of destiny with its partners. This year, Shanghai Jahwa's public welfare work has received wide acclaim from all walks of life. At the beginning of the year, Shanghai Jahwa urgently donated materials to help prevent and control the epidemic situation in Hebei and Jilin. On May 12th, International Nurses Day, the company sent materials and holiday blessings to 5000 medical workers. On the occasion of the 100th anniversary of the founding of the Party, the company donated loving materials to Yunnan Hope Primary School, paying close attention to the healthy growth of teenagers and children for a long time. During the rainstorm disaster in Henan, the company rushed to the disaster area with its Liushen and Qichu brands, and donated nearly 60,000 products worth more than 1.26 million yuan. In the "Anhui Family Search and Rescue Plan", the company provides epidemic prevention and disinfection materials for separated families and rescue stations. In addition, the company also holds charity sales and donations in employee family days to help vulnerable groups; Together with the Shanghai Municipal Committee of the Communist Youth League, the activity of "Red Search for Industrial Traceability" was held to show the rejuvenation and leap feat of the Chinese nation by letting young people know the entrepreneurial struggle history of national enterprises.

On the corporate governance front, 

Shanghai Jahwa pays attention to implementing the requirements of the regulatory authorities for further improving the quality of listed companies while pursuing high-quality and sustainable performance improvement. In practice, the company has continuously improved, continuously optimized the corporate governance system, improved the internal control system, and improved the information disclosure and shareholder return mechanism. The company promotes strategic innovation and reform around the "123 Business Policy", and builds the most solid foundation for long-term sustainable development.

A century of ingenuity, the pursuit of perfection. In the future, the company will not forget its original intention, and further improve its management level and quality. The company will adhere to the pursuit of perfect products and services, create maximum value for consumers, employees, shareholders and society, and continue to promote the sustainable development of the domestic beauty and daily chemical industry. The company will aim to become a leader in China's beauty cosmetics industry and bring Chinese beauty to the world.