东富龙科技集团股份有限公司
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Established an EHS system, implemented green energy initiatives (solar power on factory and workshop roofs), and reduced energy consumption.
- Implemented ISO14000 environmental management standards, strictly controlling waste discharge and adhering to environmental regulations.
Social Achievements
- Provided social security and welfare benefits to employees (insurance, housing, meals, extended paid leave).
- Maintained harmonious labor relations, adhering to labor laws and regulations, and providing annual salary adjustments and year-end bonuses.
Governance Achievements
- Established a robust corporate governance structure, including an audit committee, compensation and assessment committee, nomination committee, and strategic committee.
- Maintained transparent and timely information disclosure to investors through regular updates on the company website, investor meetings, and roadshows.
Climate Goals & Targets
Environmental Challenges
- Intense competition in the pharmaceutical equipment industry.
- Fluctuations in market demand due to macroeconomic conditions and changes in healthcare policies.
- Risks associated with mergers and acquisitions.
- Internal management risks due to industry transformation and upgrading.
- Human resource management challenges related to the increasing demand for R&D and global sales personnel.
- Exchange rate fluctuations impacting the company's operating performance.
Mitigation Strategies
- Focus on "Manufacturing 2025" in the pharmaceutical equipment industry, expanding into international markets, and improving international market share.
- Maintaining flexible production and supply chains, adapting to market fluctuations, and building strong customer relationships.
- Improving investment project due diligence, feasibility analysis, investment decision-making, and subsidiary management.
- Implementing precise management, improving the efficiency of the management system, and building various platforms.
- Creating a learning organization, providing employee development opportunities, and establishing a human resource management model suitable for high-tech enterprises.
- Utilizing financial instruments for hedging, optimizing settlement methods, and strengthening the training of financial professionals.
Supply Chain Management
Responsible Procurement
- Annual cooperation agreements and strategic cooperation agreements with suppliers.
- Price inquiries, comparisons, and negotiations for procurement.
- Integration of supplier quality management into each step of the process.