On November 5, China Building Materials Group held a monthly working meeting in November. Zhou Yuxian, Secretary and Chairman of the Party Committee of China Building Material Group, Secretary and Chairman of the Party Committee of China Building Material Co., Ltd., gave a special lecture on "Practicing ESG Concept to Promote Sustainable Development". The leading group of the Group attended the meeting and listened to the lecture, which was presided over by Chang Zhangli, Deputy Secretary of the Party Committee of the Group.
Zhou Yuxian's lecture is divided into three parts: "What is ESG" ", why should we do ESG" ", and how to do ESG well". He said that as a comprehensive concept of environmental, social and corporate governance put forward by the United Nations, ESG is the three major priorities that all enterprises committed to achieving sustainable development goals should pay attention to, and has gradually become a global common language and a measure of sustainable development of enterprises under the promotion of investment, evaluation and supervision. Form a closed-loop system from work practice, information disclosure, evaluation and rating to investment standards. In recent years, the global ESG practice has entered the fast lane, showing the characteristics from voluntary disclosure to mandatory disclosure, the gradual expansion of disclosure subjects, the gradual comprehensiveness of disclosure content, and the gradual refinement of disclosure standards.
Zhou Yuxian analyzed the importance and urgency of practicing ESG concept from three aspects: the general trend, the expectations of all parties and his own needs. From the general trend, the world's major economies and countries along the "the Belt and Road" have issued many policies and regulations around ESG, and the major strategic decisions of the CPC Central Committee and the State Council, as well as a series of special documents of SASASAC, have put forward new guidelines for the localization of ESG. From the perspective of all parties, the concerns, expectations and requirements of investors, regulators, customers and financial institutions for ESG are increasing, forcing enterprises to improve ESG performance and accelerate the unification of economic and social values. From the perspective of its own needs, the implementation of ESG concept is the only way for the Group to speed up the construction of world-class enterprises, as well as the inevitable choice to realize the "ten-year overseas reengineering" strategy and realize value creation. Zhou Yuxian reviewed the ESG road of the Group and China Building Materials Co., Ltd. in his lecture, and shared his thoughts on ESG focusing on the practice of building a "the Belt and Road" ESG. As a member of the world family, enterprises should firmly practice long-term doctrine, correctly view the relationship between input and output of ESG, and do a good job of risk investigation with ESG concept in the initial stage. Green design, green products, green services, green investment and other life cycle greening, earnestly implement the "three principles" of internationalization with the characteristics of "contributing to the local economy, cooperating with local enterprises and serving local residents", and constantly innovate the "three links" of hardware, software and people's hearts with stakeholders, so as to build a community of destiny and development.
Zhou Yuxian put forward five requirements for the next ESG work of the Group based on his practice. The first is to firmly establish the ESG concept and unify our thinking and understanding. The whole group should reach a consensus and practice in an orderly manner based on the actual situation. In particular, the "top leaders" of each enterprise should actively plan under the leadership of the above and turn the external requirements from ESG into self-requirements. The second is to clarify ESG responsibilities and implement them layer by layer. Groups, listed companies, plate companies and grass-roots companies should perform their respective duties, give full play to their respective functional advantages, and promote the landing of ESG concept. The three is to strengthen ESG's leadership and boost the internationalization strategy. Pay attention to the differences of ESG in different countries and regions, timely grasp and respond to regulatory changes, and constantly improve the ability of risk prevention and disposal. Fourth, strengthen ESG disclosure and tell good stories to the outside world. The listed companies of the group must achieve full coverage of the ESG report in 2023, and non-listed companies and enterprises with a high degree of internationalization should strive to issue special reports as soon as possible. Fifth, consolidate the ESG mechanism to ensure the effectiveness of implementation. Establish and improve supporting mechanisms such as digital empowerment, closed-loop management and incentive policies, give full play to the leading role of advanced experience, strive to promote the sustainable and high-quality development of group enterprises, and help accelerate the construction of a world-class material industry investment group. A total of 158 leading cadres above the middle level of the headquarters of
China Building Materials Group and China Building Materials Co., Ltd., as well as the principal leaders of the second-level and important companies of the Group, attended the meeting on the spot or by video.
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