YOFC's 2024 ESG Report: Redefining Innovation for a Sustainable Future
On April 29, 2025, the Yangtze Optical Fibre and Cable Joint Stock Limited Company, known as YOFC, unveiled its 2024 Environmental, Social, and Governance (ESG) Report. This detailed publication elucidates the company's efforts to align its forward-thinking optical fiber technologies with broader sustainability objectives, upholding ethical governance, and enhancing long-term stakeholder value.
Since joining the United Nations Global Compact in May 2021, YOFC has steadily aligned its operational strategies with international sustainability benchmarks. This commitment is evident in its support for the United Nations Sustainable Development Goals (SDGs). YOFC is dedicated to fostering industry advancements that respect the natural environment while maintaining high ethical standards. The company emphasizes collaboration across various sectors to advance a unified vision of sustainability, aiming to contribute to the sustainable growth of the global communications sector.
In terms of corporate governance, YOFC reinforces its commitment to stakeholder value through an evolving governance framework grounded in ethics and compliance. A significant focus for the company is a double materiality assessment that helps discern both the impact and financial relevance of ESG issues, ensuring that stakeholder perspectives and expectations are adequately addressed. The year 2024 saw YOFC embed integrity into its organizational values by implementing a comprehensive Employee Code of Business Conduct, complimented by a corresponding code for third parties. This move underscores YOFC's aspirations to be a responsible corporate entity dedicated to cultivating a sustainable operational landscape.
YOFC's commitment to environmental stewardship was further highlighted through the company's green strategies that prioritized sustainable operations, energy-efficient facilities, and the development of eco-friendly products. To mitigate climate-related risks, YOFC initiated several opportunities across product design, sourcing, logistics, and overall operations, with a focus on energy efficiency and emission reductions. In 2024, YOFC actively engaged in purchasing renewable energy, enhancing its distributed photovoltaic capacity by approximately 15.6 megawatts, and utilizing recyclable packaging. On this front, the company successfully reused around 350,000 fiber reels throughout the year, while achieving a total carbon reduction of approximately 24,291 tonnes and a year-over-year reduction of 3.78% in greenhouse gas emissions per 10,000 RMB of output value.
At the close of 2024, YOFC held over 1,900 active patents in both domestic and international realms, spearheading innovation within the optical fiber sector with products such as the ultra-low-loss hollow-core optical fiber. The company remains cognizant that its human resources are pivotal for continued success; therefore, it has implemented numerous employee engagement and welfare initiatives across its various facilities located in Peru, Mexico, the Philippines, Indonesia, and Poland. These programs aim to foster internal communication, personal development, workforce competency, and broader social contributions.
Looking ahead, YOFC's path continues to be guided by the ten principles of the United Nations Global Compact. The company is steadfast in its core values of 'Customer Focus, Accountability, Integrity, Innovation, and Shared Success.' Future strategic priorities will align with Responsible Management, Smart Connectivity, Green Development, and Harmonious Coexistence. YOFC is dedicated to progressing towards a more sustainable future through impactful actions and partnerships across diverse sectors.
For additional information, please visit YOFC's official website.
Since joining the United Nations Global Compact in May 2021, YOFC has steadily aligned its operational strategies with international sustainability benchmarks. This commitment is evident in its support for the United Nations Sustainable Development Goals (SDGs). YOFC is dedicated to fostering industry advancements that respect the natural environment while maintaining high ethical standards. The company emphasizes collaboration across various sectors to advance a unified vision of sustainability, aiming to contribute to the sustainable growth of the global communications sector.
In terms of corporate governance, YOFC reinforces its commitment to stakeholder value through an evolving governance framework grounded in ethics and compliance. A significant focus for the company is a double materiality assessment that helps discern both the impact and financial relevance of ESG issues, ensuring that stakeholder perspectives and expectations are adequately addressed. The year 2024 saw YOFC embed integrity into its organizational values by implementing a comprehensive Employee Code of Business Conduct, complimented by a corresponding code for third parties. This move underscores YOFC's aspirations to be a responsible corporate entity dedicated to cultivating a sustainable operational landscape.
YOFC's commitment to environmental stewardship was further highlighted through the company's green strategies that prioritized sustainable operations, energy-efficient facilities, and the development of eco-friendly products. To mitigate climate-related risks, YOFC initiated several opportunities across product design, sourcing, logistics, and overall operations, with a focus on energy efficiency and emission reductions. In 2024, YOFC actively engaged in purchasing renewable energy, enhancing its distributed photovoltaic capacity by approximately 15.6 megawatts, and utilizing recyclable packaging. On this front, the company successfully reused around 350,000 fiber reels throughout the year, while achieving a total carbon reduction of approximately 24,291 tonnes and a year-over-year reduction of 3.78% in greenhouse gas emissions per 10,000 RMB of output value.
At the close of 2024, YOFC held over 1,900 active patents in both domestic and international realms, spearheading innovation within the optical fiber sector with products such as the ultra-low-loss hollow-core optical fiber. The company remains cognizant that its human resources are pivotal for continued success; therefore, it has implemented numerous employee engagement and welfare initiatives across its various facilities located in Peru, Mexico, the Philippines, Indonesia, and Poland. These programs aim to foster internal communication, personal development, workforce competency, and broader social contributions.
Looking ahead, YOFC's path continues to be guided by the ten principles of the United Nations Global Compact. The company is steadfast in its core values of 'Customer Focus, Accountability, Integrity, Innovation, and Shared Success.' Future strategic priorities will align with Responsible Management, Smart Connectivity, Green Development, and Harmonious Coexistence. YOFC is dedicated to progressing towards a more sustainable future through impactful actions and partnerships across diverse sectors.
For additional information, please visit YOFC's official website.
Topics General Business）
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