Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) 2021 Social Responsibility Report
Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869)
2021 Social Responsibility Report
Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) 2021 Social Responsibility Report
catalogue
About this report Leader’s speech 1 3 the board of directors declares that 51. Cohesion digital, fiber future six
1.1 walk into Changfei six
1.2 ESG strategy seven
1.3 industry leading eleven
1.4 social recognition 132. Responsible governance, compliance management fifteen
2.1 risk control fifteen
2.2 integrity construction fifteen
2.3 information security seventeen
2.4 Responsible Supply seventeen
2.5 intellectual property twenty
2.6 brand protection 213. Focus on the frontier and empower Intelligent Manufacturing twenty-two
3.1 intelligent innovation twenty-two
3.2 quality assurance twenty-five
3.3 customer service 274. Practice green and low-carbon development twenty-eight
4.1 climate change twenty-eight
4.2 resource optimization thirty-one
4.3 emission control thirty-seven
Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) 2021 Social Responsibility Report
5. People oriented and grow together forty-two
5.1 employee employment forty-two
5.2 training development forty-four
5.3 health and safety forty-six
5.4 communication and care 486. Build communities together and serve the people’s livelihood fifty-two
6.1 community public welfare and volunteer activities fifty-three
6.2 Rural Revitalization fifty-five
6.3 scholarships and child care programs 56 Appendix 1: ESG index 57 Appendix 2: gri Sustainability Report Standard Index 61. On the present report
This report comprehensively introduces the management measures of Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) and its subsidiaries (hereinafter referred to as “the group”, ” Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) ” or “we”) in the aspects of environment, society and Governance (hereinafter referred to as “ESG”) and the results of fulfilling corporate social responsibility in 2021. This report should be read together with the “corporate governance” chapter of the Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) 2021 annual report to help readers have a more comprehensive understanding of our practice and effectiveness in the fields of environment, society and governance. Scope of report
Reporting time range: January 1, 2021 to December 31, 2021.
Scope of report disclosure: unless otherwise specified, the scope of this report includes Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) and its subsidiaries, and the currency of the funds involved in this report is RMB. Preparation basis
This report refers to the environmental, social and governance reporting guidelines in Appendix 27 of the rules for the listing of securities on the stock exchange of Hong Kong Limited (hereinafter referred to as the “Stock Exchange”) of the stock exchange of Hong Kong Limited The standards of the Global Reporting Initiative (GRI) and the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 1 – standardized operation of Shanghai Stock Exchange (hereinafter referred to as “Shanghai Stock Exchange”). Compilation principle
This report is prepared based on the principles of importance, quantification, balance and consistency.
Principle of importance: during the preparation of this report, the main stakeholders and their ESG issues of concern have been identified, and targeted disclosure has been made in this report according to the relative importance of their issues of concern.
Principle of balance: This report follows the principle of balance and objectively presents the ESG performance and management status of the group. Quantitative principle: the coverage and calculation method of the data involved in the report have been marked in the report.
Principle of consistency: unless otherwise noted, there is no significant adjustment in the disclosure scope of this report compared with the previous ESG reports of the company, and the consistent disclosure statistical method is used.
Confirmation and approval
The report was approved by the board of directors on March 25, 2022.
Report acquisition method
The report is published on the website of the exchange (Simplified Chinese version)
The traditional Chinese and English versions of this report are published on the website of the stock exchange (www.hkex. Com.. HK) in response to this report
We attach great importance to the opinions of stakeholders and welcome readers to contact us through the following contact information. Your comments will help us further improve this report to improve the overall environmental, social and governance performance of the group. Headquarters address: No. 9, Guanggu Avenue, Wuhan, Hubei
Hong Kong address: 54 / F, Hopewell centre, 183 Queen’s Road East, Hong Kong
Tel: + 86-2768789088
Fax: + 86-2768789089
Contact email: [email protected].
Leadership speech
2021 is the first year of the 14th five year plan. It is a year when the world is facing great changes that have not been seen in a century. It is also a year when China’s economy is revitalized and accelerated after the epidemic. It is also a year when the digitization process of the optical communication industry is accelerated, the investment in communication network infrastructure in various countries is accelerated and enters a new round of growth cycle.
Those who do things often succeed and those who do things often arrive. As a leading enterprise in the global optical communication industry, Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) not only strengthens innovation guidance, continues to supply the market with new technologies and products, but also speeds up the construction of “two wheel drive”, carries out comprehensive cooperation with the upstream and downstream of the industrial chain, effectively promotes high-quality development in the new era, experiences, grows, helps, overcomes and surpasses with the times. At the same time, we are deeply aware of the importance of product responsibility, climate change, low-carbon economy, employee care and development, social welfare and other aspects for enterprises to promote sustainable development. In this regard, we are duty bound to become outstanding corporate citizens.
Deepen technological innovation and create a new driving force for development. Focusing on the “Trinity” development strategy of innovation, brand and quality, with independent innovation as the core, while consolidating traditional advantageous products, we actively develop diversified businesses, vigorously layout new technology directions and deeply cultivate digital transformation.
In 2021, we will strengthen the process technology of optical fiber preform and ultra-low attenuation g.654 E optical fiber, multi-core optical fiber, FTTR solution, terminal gigabit optical interconnection products, special optical cable and other fields, establish a “Bei” series optical fiber brand family with full scene and excellent quality, create brand advantages with technological innovation, and help “double Gigabit” and “5g application”.
Develop circular economy and contribute to the goal of carbon neutrality. We actively respond to the national goal of “carbon peaking and carbon neutralization”, adhere to the purpose of “energy conservation and low carbon, scientific management and green sustainable development”, pay close attention to climate change, actively promote the organization of carbon inventory and product carbon footprint verification, and strive to be the pioneer of green development in the “double carbon” era by helping the construction of green communication network, promoting the greening of production mode and exploring green circular economy. In 2021, ” Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) Qianjiang Co., Ltd.” and ” Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) optical cable Lanzhou Co., Ltd.” were selected into the list of green manufacturing published by the Ministry of industry and information technology of the people’s Republic of China.
Build a talent platform and enhance team cohesion. We are committed to continuously optimizing the talent training system, building a diversified workforce, protecting the rights and interests of employees, building a growth platform, and realizing the unity of company value and employee value. We will promote the common development of economy and society as the ultimate goal of the enterprise, and work hand in hand with our employees to build the future. Share the fruits of development and join hands with the community for prosperity. While the enterprise is developing and growing, we have never forgotten to give back to the society and regard the people’s better life as our responsibility. In 2021, we will not only actively respond to the National Rural Revitalization Strategy and promote rural economic development through material revitalization and targeted assistance, but also contribute to public welfare charity and community construction, and practice the responsibilities and responsibilities of enterprises with practical actions.
2022 is a key year for the implementation of the 14th five year plan. We will stick to our original intention and mission, grasp historical development opportunities, deepen collaborative innovation, work with upstream and downstream partners in the industrial chain to jointly build an ecology, build a new development pattern of China’s international double cycle, continue to write a new chapter of high-quality development, and promote the construction of a manufacturing power and a network power Statement of the president and executive director of the board of directors on September 25
The board of directors of the group attaches great importance to environmental, social and Governance (“ESG”) management and establishes a systematic ESG governance structure at the governance, management and executive levels. As the highest responsible and decision-making body of ESG management system, the board of directors, with the assistance of the audit committee, supervises ESG matters, is responsible for supervising and overall managing the performance of ESG related risks and key ESG issues, and holds a meeting at least once a year to discuss important ESG matters.
The group regularly evaluates the importance of environmental, social and governance issues. The specific evaluation process and results are detailed in the “ESG strategy” section of the annual ESG report and reviewed by the board of directors. The board of directors of the group assessed the potential impact and opportunities of ESG issues on the company’s overall strategy, and reviewed the evaluation results of the importance of ESG issues. The directors have understood the company’s ESG related issues and confirmed the current ESG related management policies and ESG management philosophy. The details of the company’s important ESG topics such as compliance operation, enabling intelligent manufacturing, low-carbon development, employee care and serving people’s livelihood have been disclosed in detail in this report. In 2021, in combination with the company’s development strategy, the group has set environmental objectives related to business operations, which are detailed in the chapter “practicing green and low-carbon development” of the annual ESG report, and the progress of the objectives is reviewed and discussed regularly by the board of directors.
1. Cohesion digital, fiber driven future 1.1 into Changfei
The group is the world’s leading provider of optical fiber preforms, optical fibers, optical cables and comprehensive solutions. It mainly produces and sells various standard specifications of optical fiber preforms, optical fibers and optical cables widely used in the communication industry, various optical modules, special optical fibers, source optical cables, submarine cables, RF coaxial cables, accessories and other products based on customer needs. It has complete integrated systems, engineering design services and solutions, It provides various optical fiber and cable products and comprehensive solutions for the world’s communication industry and other industries (including public utilities, transportation, petrochemical industry, medical treatment, etc.), and provides high-quality products and services to more than 70 countries and regions around the world.
The group was listed on the main board of the Hong Kong Stock Exchange in December 2014 (Stock Code: 06869) and again on the Shanghai Stock Exchange in July 2018 (Stock Code: Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) ), becoming the only a + H-share listed enterprise in China’s optical fiber and cable industry and the first a + H-share listed enterprise in Hubei Province.
Changfei culture
Changfei mission: Wisdom connects a better life
Vision of Changfei: to become a leader in the field of information transmission and intelligent connection
Changfei core values: customer responsibility, innovation and win-win
1.2 ESG strategy
The group takes “wisdom connects a better life” as its corporate mission, integrates ESG into corporate strategy and operation management, adheres to technological innovation, pursues excellent quality, and strives to create greater value for customers, employees and society by providing high-quality products and services and fulfilling corporate citizenship responsibilities. In 2021, we will continue to explore and practice the idea of sustainable development, and continue to promote the sustainable development governance model in line with the characteristics of Changfei in combination with our own business conditions and enterprise positioning.
Accession to the United Nations Global Compact
The Group officially joined the United Nations Global Compact on May 20, 2021. The company promises to abide by the ten principles of the United Nations Global Compact in the fields of human rights, labor standards, environmental protection and anti-corruption, make it a part of the company’s strategy, culture and daily operation, and incorporate these requirements into the decision-making process of the management. Our next goal will be to extend these requirements to partners in the value chain to ensure that they also comply with the principles of the global compact.
Ecovadis gold medal rating
The group won the gold medal of ecovadis sustainability rating in 2021 and is one of the top 5% companies rated by ecovadis in the world. Ecovadis is the world’s largest supplier of corporate sustainability ratings.
ESG governance structure
We fully integrate ESG management into the company’s strategic decision-making process to effectively control ESG risks. The group has fully considered the current situation of ESG governance, applicable laws and regulations, the opinions of stakeholders and the group’s corporate culture, established a governance structure with clear responsibilities, and defined the responsibilities and authorities, decision-making procedures and reporting mechanism between all levels.
The group has established a systematic ESG governance structure at the governance, management and executive levels. As the highest responsible and decision-making body of the ESG management system, the group’s board of directors is fully responsible for the group’s ESG strategic planning, objectives, information disclosure and major issues. The board of directors authorizes the audit committee to comprehensively supervise and manage matters related to ESG; The ESG working group is responsible for promoting the planning and implementation of ESG matters and regularly reporting to the
