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2023 Plastics Value Chain ESG Development Summit held in Shanghai
2023/6/30
On June 26th, "2023 Plastics Value Chain ESG Development Summit Forum" hosted by Goldfarb Technology Co. At the forum, JFST took the initiative to release the first ESG report of the plastics industry to the whole society. Through policy interpretation, international exchange, practice sharing and industry dialogue, the forum discussed the current situation and trends of ESG (environmental, social and corporate governance) development, ESG disclosure and rating, ESG investment and financing, circular economy development, plastic pollution control and other topics to explore the sustainable development strategies of the plastics The forum explored the sustainable development strategy and realization path of the plastics value chain.
At the forum, Li Jianjun, chief scientist of Goldfarb Technology Co., Ltd. and foreign academician of the Russian Academy of Engineering, released the 2022 ESG report on behalf of the Group. According to the introduction, this is the first corporate ESG report in the plastics industry. Li Jianjun said that as a global leader in the plastics industry, environment, society and governance are closely related to Jinfa Technology, which requires not only technology and material solutions, but also other comprehensive solutions of green and low carbon cycle.
He focused on the topic of "Green Future with Plastic" in the report. It is worth noting that in the past 19 years, JFST has provided more than 1.7 million tons of environmentally friendly and high performance recycled plastics to the world, reducing the use of oil by at least 8.74 million tons, standard coal by 2.38 million tons and carbon dioxide by 2.16 million tons compared with virgin materials. It has reduced the emission of 2.16 million tons of carbon dioxide, 7.9 billion kilowatt hours of electricity and more than 100 million tons of water. 2021 JFST is also the first company in the industry to propose a carbon strategy and carbon target, planning to produce 1 million tons of green plastic, recycle 1 million tons of waste plastic and produce 1 million tons of recycled plastic in 2030.
According to the introduction, JFST has always practiced green manufacturing, so it has made all-round investment in the management system from energy and resource dimensions, and now there are 4 national green factories in total. This time, JFST took the initiative to release the first ESG report in the plastics industry to the whole society, hoping to become the world's best new material enterprise which is highly respected in the industry. Finally, Academician Li Jianjun expressed his hope to work with the upstream and downstream enterprises of JFST to move forward the ESG indicators and modules one step at a time to win the future together.
At the forum, Wang Zhanjie, president of China Plastics Processing Industry Association, said that how to do a good job of green design of plastic products and waste plastic pollution control, how to go to better recycling, easy recovery, easy regeneration, degradable, how to do the whole chain of waste plastic pollution control, is one of the core work of sustainable development of the industry. Therefore, China Plastic Association and the backbone enterprises including Jinfa Technology have been working hard, from the production of recycled plastics, high quality recycling, from the research and development and marketing of degradable plastics, etc. are the concrete performance of the industry to achieve green and sustainable development and fulfill social responsibility.
Mr. Huang Hesheng, Vice General Manager of Jinfa Technology Co., Ltd. and General Manager of East China Company, said that ESG was born in the capital market, but after years of application and expansion, it has become an indispensable management tool for companies, especially listed companies. Driven by the green and low-carbon transition and the "double carbon" target, since A-shares were officially included in the MSCI index in 2018, relevant government authorities and financial institutions in China have issued a number of management requirements for corporate ESG information disclosure. This is the trend of the times and a necessary path for Chinese enterprises to move towards more modern and international development. Looking ahead, JFST will take ESG strategy as a new engine for development, continue to promote significant changes in the field of sustainable development, explore the next generation of growth drivers, and join hands with ecological parties to create a sustainable future.
Chai Qimin, Director of Strategic Research Department of National Center for Climate Change Strategy Research and International Cooperation, gave a video presentation on the theme of "Addressing Climate Change and Enterprise Upgrading and Transformation under Double Carbon Target"; he said that global climate change has become a crisis that has to be addressed nowadays. To achieve both development and carbon reduction, China must promote technological and industrial innovation in the future, and to achieve double carbon, we must promote important technological and industrial innovation in five areas, including production and consumption, energy supply, electrification rate of end-use sectors, fuel and original renewal, and underwriting technology; PricewaterhouseCoopers (PwC) China ESG Sustainability Market Leader and Climate Change and Sustainability Partner-in-Charge From the perspective of global ESG sustainability disclosure trends, Ni Qing vigorously promoted corporate sustainability transformation from the perspective of the introduction of legislation, the development of new standards, and the improvement of the sustainable financial system; Li Gao, Deputy Director of CDP Global Environmental Information Research Center China, introduced CDP and the practice of Chinese companies through CDP disclosure; Zhang Ruohai, Chief Data Technology & ESG Research Analyst of CITIC Securities, shared the experience of Chinese companies through CDP disclosure. Zhang Ruohai, Chief Analyst of Data Technology & ESG Research of CITIC Securities, shared the current situation and outlook of ESG investment in China; Wang Jie, Vice President and Head of Corporate Affairs and Sustainability of Schneider Electric, shared the company's practical experience in sustainable development, etc.
At the forum, Li Jianjun, chief scientist of Goldfarb Technology Co., Ltd. and foreign academician of the Russian Academy of Engineering, released the 2022 ESG report on behalf of the Group. According to the introduction, this is the first corporate ESG report in the plastics industry. Li Jianjun said that as a global leader in the plastics industry, environment, society and governance are closely related to Jinfa Technology, which requires not only technology and material solutions, but also other comprehensive solutions of green and low carbon cycle.
He focused on the topic of "Green Future with Plastic" in the report. It is worth noting that in the past 19 years, JFST has provided more than 1.7 million tons of environmentally friendly and high performance recycled plastics to the world, reducing the use of oil by at least 8.74 million tons, standard coal by 2.38 million tons and carbon dioxide by 2.16 million tons compared with virgin materials. It has reduced the emission of 2.16 million tons of carbon dioxide, 7.9 billion kilowatt hours of electricity and more than 100 million tons of water. 2021 JFST is also the first company in the industry to propose a carbon strategy and carbon target, planning to produce 1 million tons of green plastic, recycle 1 million tons of waste plastic and produce 1 million tons of recycled plastic in 2030.
According to the introduction, JFST has always practiced green manufacturing, so it has made all-round investment in the management system from energy and resource dimensions, and now there are 4 national green factories in total. This time, JFST took the initiative to release the first ESG report in the plastics industry to the whole society, hoping to become the world's best new material enterprise which is highly respected in the industry. Finally, Academician Li Jianjun expressed his hope to work with the upstream and downstream enterprises of JFST to move forward the ESG indicators and modules one step at a time to win the future together.
At the forum, Wang Zhanjie, president of China Plastics Processing Industry Association, said that how to do a good job of green design of plastic products and waste plastic pollution control, how to go to better recycling, easy recovery, easy regeneration, degradable, how to do the whole chain of waste plastic pollution control, is one of the core work of sustainable development of the industry. Therefore, China Plastic Association and the backbone enterprises including Jinfa Technology have been working hard, from the production of recycled plastics, high quality recycling, from the research and development and marketing of degradable plastics, etc. are the concrete performance of the industry to achieve green and sustainable development and fulfill social responsibility.
Mr. Huang Hesheng, Vice General Manager of Jinfa Technology Co., Ltd. and General Manager of East China Company, said that ESG was born in the capital market, but after years of application and expansion, it has become an indispensable management tool for companies, especially listed companies. Driven by the green and low-carbon transition and the "double carbon" target, since A-shares were officially included in the MSCI index in 2018, relevant government authorities and financial institutions in China have issued a number of management requirements for corporate ESG information disclosure. This is the trend of the times and a necessary path for Chinese enterprises to move towards more modern and international development. Looking ahead, JFST will take ESG strategy as a new engine for development, continue to promote significant changes in the field of sustainable development, explore the next generation of growth drivers, and join hands with ecological parties to create a sustainable future.
Chai Qimin, Director of Strategic Research Department of National Center for Climate Change Strategy Research and International Cooperation, gave a video presentation on the theme of "Addressing Climate Change and Enterprise Upgrading and Transformation under Double Carbon Target"; he said that global climate change has become a crisis that has to be addressed nowadays. To achieve both development and carbon reduction, China must promote technological and industrial innovation in the future, and to achieve double carbon, we must promote important technological and industrial innovation in five areas, including production and consumption, energy supply, electrification rate of end-use sectors, fuel and original renewal, and underwriting technology; PricewaterhouseCoopers (PwC) China ESG Sustainability Market Leader and Climate Change and Sustainability Partner-in-Charge From the perspective of global ESG sustainability disclosure trends, Ni Qing vigorously promoted corporate sustainability transformation from the perspective of the introduction of legislation, the development of new standards, and the improvement of the sustainable financial system; Li Gao, Deputy Director of CDP Global Environmental Information Research Center China, introduced CDP and the practice of Chinese companies through CDP disclosure; Zhang Ruohai, Chief Data Technology & ESG Research Analyst of CITIC Securities, shared the experience of Chinese companies through CDP disclosure. Zhang Ruohai, Chief Analyst of Data Technology & ESG Research of CITIC Securities, shared the current situation and outlook of ESG investment in China; Wang Jie, Vice President and Head of Corporate Affairs and Sustainability of Schneider Electric, shared the company's practical experience in sustainable development, etc.
In the roundtable dialogue session, the forum guests focused on the theme of "Green, low-carbon and circular transformation and upgrading of the plastics value chain", and made suggestions on green, low-carbon and circular transformation to the stakeholders of the plastics value chain from their own perspectives.
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