XUZHOU, China, May 20, 2024
/CNW/ -- In a significant stride towards sustainable
development, XCMG Machinery (SHE:000425, "XCMG") releases its
inaugural Environmental, Social, and Governance (ESG) report. This
landmark document highlights the company's achievements in
electrification and intelligent manufacturing within its strategic
value chain. By reinforcing its green competitive edge, XCMG is
spearheading the industry's transition towards sustainability.
Keep Strengthening the Green Competitive Edge, Promoting the
Green Transition of Industries
In 2023, XCMG achieved a nearly 15% reduction in carbon emission
intensity compared to 2020 while cutting energy costs by
approximately RMB 30 million. The
company reported total greenhouse gas emissions of 391,285.29 tons
for the year—a decrease of 33,269.01 tons or 7.84% from the
previous year—with new energy usage accounting for 19.64% of its
total energy consumption.
Continuously Explore the Forefront of Intelligent Equipment
and Production in the Construction Machinery Industry
In a significant stride towards the forefront of intelligent
equipment and production within the construction machinery
industry, XCMG has been named among the 2023 Intelligent
Manufacturing Demonstration Factories by China's Ministry of Industry and Information
Technology. This accolade underscores XCMG's commitment to
exploring an intelligent manufacturing model that spans product
design, manufacturing, supply chain collaboration, marketing, and
after-sales service. In 2023 alone, XCMG invested 501.87 million CNY in R&D, securing 1,672 new
patents and setting 40 new standards while accumulating a total of
1,229 software copyrights.
Investing in People for Sustainable Business Growth
Recognizing talent as its primary resource, XCMG Machinery
invested over 26 million CNY in
global staff training during 2023, conducting more than 10,067
training sessions for nearly 400,000 participants across various
domains, including technology management, marketing, and
manufacturing. The company also conducted 964 safety hazard
inspections, completed 12,320 corrective actions, and enhanced its
safety operation and production management systems alongside
occupational disease prevention training.
Beyond internal support efforts, XCMG continues to shoulder
responsibilities for improving social conditions. Since 2016, it
has tackled extreme weather challenges due to prolonged droughts in
Ethiopia by constructing family
water cellars. Utilizing rooftop and groundwater collection
technologies, provide filtered rainwater for drinking and
agricultural use during dry seasons. By the end of 2023, 161 family
water cellars and 20 school purification systems have been
completed, significantly alleviating local water scarcity issues
during dry periods.
Please visit
https://www.xcmgglobal.com/upload/file/2024/05/14/b158bff9b82a42379a788c881df76e62.pdf
to read the report.
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SOURCE XCMG Machinery