LiuGong's Sustainable Future: Milestones and Innovations for 2024 and Beyond
Exploring LiuGong's Sustainability Achievements in 2024
LiuGong, a leading figure in the construction machinery industry, is setting a remarkable standard for sustainability in 2024. As the company marked the first anniversary of its innovative Green Alliance, it highlighted significant strides in their sustainability mission, making headlines with impactful collaborations and pioneering practices.
Formation of the Green Alliance
At the close of 2023, LiuGong took a transformative step by establishing the Green Alliance. This initiative, which involves partnerships with key clients, distributors, and non-profit organizations, allocates a percentage of annual sales from LiuGong's electric products to philanthropic endeavors in Africa. This commitment emphasizes their dedication to social responsibility and environmental stewardship.
In May 2024, LiuGong’s Green Alliance reached a significant milestone with the initiation of a water well project in South Africa. This innovative project introduced the continent's first electric earth-moving machinery, fundamentally changing the landscape of environmental efforts in the region. By August, LiuGong successfully completed the first phase of this project, unveiling a solar-powered, 150-meter-deep well that now provides clean water to over 25,000 households in Mabeskraal, South Africa.
Green Intelligent Manufacturing
Beyond the Green Alliance, LiuGong’s commitment to sustainability is reinforced through its initiatives in electric equipment technology and product electrification. The establishment of a dedicated research institute has been pivotal in fostering an ecosystem for industrialized component production. The company's electric product line, encompassing 11 categories, showcases diverse power options catering to various environments.
To date, LiuGong has sold over 6,500 electric units globally, contributing to a reduction in carbon emissions by 330,000 tons. This achievement is akin to planting more than 18 million trees. Throughout 2023, LiuGong has emphasized global electrification, with electric products accounting for over 10% of monthly international sales, further reducing their carbon footprint and igniting sustainable investments.
The company has also succeeded in accelerating the independent development of vital components, completing the first phase of a battery pack factory while introducing energy replenishment facilities. They have made notable progress with autonomous technology, deploying loaders and rollers in various sectors, which has led to enhanced scheduling, cost reduction, and improved efficiency.
Proactive Environmental Management
LiuGong's motto of zero pollution and maximum resource recycling underpins its environmental management strategies. The company invested over 41.61 million yuan in managing product lifecycles, concentrating on energy conservation and emission reductions. Their wastewater and exhaust emissions consistently met legal standards, effectively managing hazardous waste and reporting no pollution incidents.
In 2023, LiuGong launched 27 projects aimed at reducing volatile organic compounds (VOCs) and welding fumes, achieving substantial reductions in emissions. Innovation through policy modifications and photovoltaic initiatives has optimized energy usage, with local solar projects expected to generate 52 million kWh annually.
Employee training and the promotion of a green culture within the company further reinforce LiuGong's environmentally responsible identity.
Building a Green Supply Chain
LiuGong strives to enhance its operational efficiency through strategic collaborations, focusing on green procurement practices that span the entire supply chain. They integrate environmentally-friendly practices from demand analysis to product acceptance and prioritize energy-efficient products in their processes.
With robust supplier management systems in place, LiuGong evaluates financial stability, capacity, quality, and ESG capabilities of their suppliers, fostering long-term partnerships that support sustainability. Digitalization through vendor management platforms has allowed them to save 4.3 tons of paper each year.
Furthermore, a collaborative cloud platform enables real-time engagement with more than 1,500 suppliers, significantly enhancing the efficiency of their industrial chain.
Looking ahead to the next year, LiuGong aims to solidify its commitment to sustainability. The Green Alliance is set to embark on another significant project, constructing a second water well in Gambia, underlining their unwavering dedication to global sustainability.