#China #Shanghai #CHINT #sustainable energy #ESG Strategy

CHINT's Bold Commitment to Sustainability

This January 2025, CHINT, a frontrunner in intelligent energy solutions, unveiled its comprehensive 2030 sustainable development strategy. This initiative marks a crucial step in the company's pledge towards fostering a greener and more sustainable global environment, aiming to encompass a broad spectrum of strategies and actions that align with the pressing need for environmental responsibility.

The strategically revealed EMPOWER Sustainable Development Model is the cornerstone of CHINT's approach, guiding the organization towards executing eight prominent actions:

1. Addressing Climate Change: CHINT is dedicated to actively combating climate change, recognizing it as an urgent global crisis that demands immediate action. This includes innovation in product designs and a shift towards renewable energy sources.
2. Clean Technology Opportunities: Embracing clean technologies not only aids in carbon footprint reduction but also positions CHINT as a pioneer in green technology solutions in the energy sector.
3. Promoting Circular Economy: The strategy emphasizes a circular economy awareness, advocating for reusability and recycling across its operations, thereby minimizing waste and maximizing resource efficiency.
4. Sustainable Product Management: CHINT is committed to integrating sustainability into its product lifecycle, from development to end-of-life management, ensuring that every product aligns with environmental needs.
5. Human Capital Development: Recognizing that people are the center of transformation, CHINT is embarking on enhancing the skills and knowledge of its workforce to prepare them for a sustainable future.
6. Sustainable Supply Chain Management: A sustainable approach extends into the supply chain, focusing on collaborating with partners to promote environmentally friendly practices throughout.
7. Corporate Governance: CHINT aims to uphold the highest standards of corporate governance that align with its sustainability goals, ensuring transparency and accountability at all levels.
8. Business Ethics: Ethical business practices are at the forefront of CHINT’s strategy, focusing on integrity and responsibility in all dealings.

The essence of CHINT's ESG vision can be summarized as: “Committed to becoming a global leader in smart and green energy solutions.” Furthermore, the company's mission statement emphasizes its dedication to driving green transformation in energy. This is about making electric power not only safer but greener, more convenient, and efficient.

Nan Cunhui, Chairman of CHINT Group, articulated the pressing need for sustainability: “In the face of climate challenges, sustainable development is no longer an option; it’s an imperative.” He further expressed the company’s focus on being an explorer, advocate, and practitioner of green and low-carbon development.

CHINT's strategy is not just about compliance but about innovation and transformation within the energy sector. The company has vowed to embed sustainability into its core operations while promoting collaboration with global partners, thereby ensuring that ESG principles are interwoven into corporate strategies.

The impact of this initiative is expected to be far-reaching, not only enhancing long-term value for CHINT but also amplifying their positive social contributions. By embedding ESG into its framework, CHINT positions itself as a leader in fostering a robust sustainable development ecosystem. The initiative promises to inspire other companies within the electric power and new energy markets to follow suit and adopt responsible business practices.

In conclusion, as a significant player in the worldwide electricity and sustainable energy landscape, CHINT's unveiling of this strategic framework illustrates a potent commitment to responsible business leadership. By diligently working towards these ambitious goals, CHINT is set to not only inspire action within its industry but also contribute considerably to global sustainability efforts.