#China #EcoVadis #Ningbo #Boway Alloy #CDP

Boway Alloy's Commitment to Sustainability

Ningbo Boway Alloy Material Co., Ltd. has emerged as a leader in sustainability within the competitive global marketplace. Recognizing the growing importance of eco-friendly practices, the company has integrated sustainability into its core operations, marking a significant shift in how businesses view their environmental responsibilities. This commitment was recognized in 2024 when Boway Alloy was awarded the Silver Medal by EcoVadis, an esteemed global provider of sustainability ratings.

EcoVadis evaluates companies on various critical criteria, including environmental impact, labor practices, ethics, and sustainable procurement. Boway Alloy’s achievement places it among the top 15% of companies globally, signifying its outstanding performance in promoting sustainable development and responsible governance.

In addition to the EcoVadis recognition, Boway Alloy achieved an impressive “A” score in its 2023 climate assessment conducted by CDP (Carbon Disclosure Project). The company’s proactive measures in emission reduction and low-carbon product development were key contributors to this achievement. Furthermore, Boway Alloy’s overall rating of “B” not only surpassed the average scores in the Asia region but also outperformed the average for the electrical and electronic equipment sector.

Boway Alloy’s strategic approach to sustainability includes well-defined short-, medium-, and long-term energy-saving goals and emission reduction plans. The company has made significant investments in the energy-efficient transformation of essential machinery, including motors and transformers, projecting a decrease of over 7,000 tons of carbon dioxide emissions annually.

Innovative water management systems have also been established, focusing on reclaimed water reuse and intelligent controls to enhance quality. These efforts aim to drastically lower wastewater discharge while optimizing the use of natural resources.

In its pursuit of green energy, Boway Alloy has installed solar photovoltaic systems at several of its facilities across Vietnam and China. This initiative not only allows for self-generated clean energy but also contributes to a significant reduction of over 2,500 tons of carbon emissions yearly. The company has set an ambitious goal of achieving 40% clean energy utilization in its overall energy consumption by 2030.

Recycling is another cornerstone of Boway Alloy’s sustainability initiatives. The company has developed an advanced recycling mechanism for raw materials to tackle waste recycling challenges associated with complex alloys. Boway Alloy is committed to ensuring that more than 90% of raw materials used in its alloy production are recycled by 2030, reflecting its focus on circular economy principles.

Boway Alloy is also pushing the envelope in the development of environmentally friendly materials. With its industry-leading digital research and development platform, the company has reduced development cycles and costs while introducing several innovative lead-free and beryllium-free alloys for consumer electronics and new energy vehicles. These new materials meet stringent international environmental standards, such as RoHS and FDA requirements.

Beyond its environmental efforts, Boway Alloy's commitment to social responsibility is evident through employee welfare initiatives, community engagement programs, and diverse workforce development training. The company fosters an inclusive workplace while actively participating in local community development through outreach initiatives.

The recognition from EcoVadis and CDP serves as a testament to Boway Alloy’s ongoing dedication to sustainability. With a focus on leveraging digital technologies to enhance its green initiatives, the company is set to forge a path toward creating a more sustainable future. Boway Alloy is committed to continuing its journey toward sustainable development, aiming for a greener and cleaner global community.

About Boway Alloy

Established in 1993, Ningbo Boway Alloy Material Co., Ltd. specializes in the R&D and manufacturing of high-performance non-ferrous alloy rods, wires, and strips used across various industries, including telecommunications and automotive. The company is dedicated to developing environmentally friendly materials and efficient production techniques, supporting its mission to lead in sustainable manufacturing practices.

For further details, visit Boway Alloy.