湖北兴发化工集团股份有限公司
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Safety
- Environmental Protection
- Sustainable Development
- Circular Economy
- Technology Innovation
- Rural Revitalization
Environmental Achievements
- Improved resource utilization, particularly in phosphorus gypsum handling and the implementation of clean production technologies in phosphorus and chlor-alkali production.
- Significant reduction in pollutant emissions across various production sites, consistently meeting or exceeding environmental standards.
Social Achievements
- Continued support for rural revitalization in Shuping and Maocaoping villages, focusing on infrastructure development, industrial promotion, and employment opportunities.
- Implementation of various employee wellbeing initiatives and training programs.
Governance Achievements
- Acquisition of 70% equity in Jingzhou Jinghua, resolving potential conflicts of interest.
- Strengthened internal control systems, with revisions to 37 internal control policies.
- Enhanced management information systems (SAP, OA, CRM, WMS, LIMS, PMS).
Climate Goals & Targets
Long-term Goals:
- Build a world-renowned, international fine chemical enterprise.
Short-term Goals:
- Achieve 28 billion yuan in operating revenue in 2022.
Environmental Challenges
- Safety and environmental risks associated with chemical production, particularly given stricter regulations.
- Shortage of high-end talent, especially in research and development.
- Fluctuations in chemical product prices due to market dynamics and policy changes.
- Increased competition in the lithium-ion battery materials sector.
Mitigation Strategies
- Increased investment in safety and environmental protection, along with technological advancements.
- Investment in talent development, including the construction of employee housing and a research center.
- Close monitoring of market trends and adjustments to product structure and business models.
- Leveraging raw material advantages, industrial circular economy, and logistics to enhance cost control and product competitiveness.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- 2021 China Petroleum and Chemical Industry Science and Technology Progress First Prize (two awards)
- 2021 Hubei Provincial Science and Technology Progress First Prize
- 2021 Hubei Provincial Science and Technology Progress Second Prize