Sinochem International Corporation(600500) : sustainable development report in 2021

Sinochem International Corporation(600500) 2021 Sustainable Development Report

——Fine chemistry and green life——

April 2022

catalogue

1 Chairman’s speech 12 walk into Sinochem International Corporation(600500) two

2.1 Company Profile two

2.2 Business Overview three

2.3 main production bases in China four

2.4 honor and recognition 63 sustainable development strategy and management seven

3.1 sustainable development strategy seven

3.2 board statement eight

3.3 annual highlights of ESG governance twelve

4 topics fourteen

4.1 topic 1: low carbon development to help achieve the 3060 goal fourteen

4.2 topic 2: fulfill commitments and help sdgs achieve nineteen

5 integrity, compliance and steady operation twenty-two

5.1 consolidate corporate governance twenty-two

5.2 strengthening Party building twenty-five

5.3 build a firm bottom line of compliance twenty-seven

5.4 solidifying information security 316 innovation driven enabling development thirty-four

6.1 improve the innovation system thirty-four

6.2 motivate innovative talents thirty-seven

6.3 boost the progress of the industry thirty-nine

6.4 promoting digital transformation 397 diversified layout and a better life forty-two

7.1 cultivate new materials forty-two

7.2 deep cultivation of clean energy 478 safety and environmental protection, stick to the bottom line fifty

8.1 strengthen HSE Management fifty

8.2 improving intrinsic safety fifty-two

8.3 practice ecological civilization 589 go hand in hand to create value sixty-five

9.1 improve customer satisfaction sixty-five

9.2 strengthen partnership sixty-eight

9.3 accompany employees to grow seventy

9.4 improve the people’s livelihood of the community seventy-seven

10 outlook for 2022 eighty

11 key concerns and responses 8112 appendix eighty-three

12.1 report description eighty-three

12.2 key performance eighty-four

12.3 feedback form 851 chairman’s speech

2021 is an extremely extraordinary year. The global economy has been difficult to repair from the huge impact of covid-19 pneumonia. China has calmly responded to the changes in the century and the epidemic in the century, achieved new results in high-quality development, and achieved a good start in the 14th five year plan. Sinochem was inaugurated in May this year, and the world’s largest comprehensive chemical enterprise set sail Sinochem International Corporation(600500) as an important platform in the field of Sinochem materials science, ushers in a major historical opportunity.

This year, we undertook the important mission of making up for the shortcomings during the 14th Five Year Plan period of the chemical industry, deepened business focus, vigorously cultivated the new material industry, comprehensively promoted the construction of Jiangsu Lianyungang Port Co.Ltd(601008) circular economy industrial park, and ushered in the commissioning of strategic projects such as aramid, lithium battery and lithium battery cathode materials. Adhering to the concept of “science first”, we have made a number of breakthrough scientific research achievements in core business areas, cultivated a number of national “specialized and new” enterprises, and made every effort to promote the coordinated development of “innovation chain industrial chain”.

This year, we continued to optimize the ESG top-level design and extend the sustainable development management chain. The company has established an executive committee and five professional sub committees under the sustainable development committee, which are respectively responsible for the implementation of key actions in their respective fields and continuously improve the comprehensive value creation ability of ESG. We have formulated the “14th five year plan” sustainable development goals and planned a new future of sustainable development in five areas: carbon reduction and emission reduction, health, safety and environmental protection, sustainable supply chain, sustainable governance and labor human rights.

This year, we adhered to the principle of “green development” and worked hard to build a low-carbon competitive advantage. The company comprehensively carried out carbon inventory, established carbon emission database, started the research on carbon peak and carbon neutralization path, comprehensively deployed low-carbon development plan, and created new market competitiveness under the vision of “carbon neutralization”. We have also actively explored the “green finance” model, completed the first green financing in Sinochem International Corporation(600500) history, and provided assistance for the company to fulfill China’s “double carbon” commitment.

This year, we shared value creation with all stakeholders and wrote the broad pattern of social responsibility with actions. The company strictly controls the production process and product quality, and provides customers with green, innovative, safe and healthy chemical products; Organize core suppliers to carry out CSR review and capability improvement training, and promote supplier partners to jointly improve the level of sustainable development; Improve the multi-level talent training system and diversified talent incentive mechanism to help employees realize their self-worth; We will vigorously promote industrial assistance, consumer assistance and donations to help poor students, continue to participate in community construction and voluntary activities, help rural development and build a better world.

With its outstanding performance in the work of sustainable development, Sinochem International Corporation(600500) was successfully selected into the “CSI Shanghai Environmental stock exchange carbon neutralization index”, the “central enterprise ESG · pioneer 50 index” of SASAC, and the “Securities Times” A-share company ESG top 100 list, and won many sustainable development honors issued by authoritative media such as Sina Finance and economics, sustainable development guide and so on.

The road is blocked and long, and the line is coming. In 2022, Sinochem International Corporation(600500) will usher in an important period of industrial development. We will firmly grasp the major historical opportunity of the national implementation of the “double carbon” goal and the 14th five year plan, firmly grasp the two directions of industrial upgrading and green transformation, vigorously develop circular economy and green economy under the guidance of scientific and technological innovation, give full play to the synergy of industrial chain integration, build a new pattern of Sinochem International Corporation(600500) sustainable development, and work with all stakeholders, Jointly address global challenges such as climate change and move towards the goal of “becoming a model for the sustainable development of world-class fine chemical enterprises”.

—— Sinochem International Corporation(600500) chairman Li Fanrong 2 walks into Sinochem International Corporation(600500)

2.1 company profile

Sinochem International Corporation(600500) (holding) Co., Ltd. is a large international state-owned listed company (Stock Code: Sinochem International Corporation(600500) . SH) with core competitiveness in the fields of intermediates and new materials, polymer additives and natural rubber, with customers in more than 100 countries and regions around the world.

The company adheres to technological innovation, mechanism innovation and mode innovation, actively cultivates new growth drivers, and is committed to building an innovative leading enterprise in new chemical materials.

Sinochem International Corporation(600500) of the actual controller – China Sinochem Holding Co., Ltd. is a key state-owned enterprise supervised by the state owned assets supervision and Administration Commission of the State Council.

Since its listing on the Shanghai Stock Exchange in 2000, Sinochem International Corporation(600500) has rewarded shareholders and society with good performance. The company has been rated as one of the top 100 listed companies in China by Fortune magazine for many years, and has won many honors, such as “top 100 listed company governance in China”, “China’s best board of directors” and “China’s most respected listed company”.

Sinochem International Corporation(600500) takes “fine chemical green life” as the enterprise vision, integrates business practice and social value, pursues sustainable development, and is committed to building a resource-saving and environment-friendly society, becoming a model for the sustainable development of world-class fine chemical enterprises.

Scan QR code and log in Sinochem International Corporation(600500) official website for more information www.sinochemintl.com com.

Corporate vision: fine chemistry, green life. To fulfill the social responsibility of safety, environmental protection and health, have the dream of jointly building China’s leading innovative new chemical materials enterprise, and unswervingly promote the innovative development and industrial upgrading of China’s new chemical materials industry.

Mission of the company: to become an innovative leading enterprise of new chemical materials rooted in China and operated globally, provide innovative, high-quality and green products and comprehensive solutions in the field of material science, and share growth with society, customers, shareholders and employees.

Strategic objectives: implement the “science first” concept of Sinochem, implement the innovation driven strategy, focus on the core business of new chemical materials, optimize and upgrade core industries such as high-performance materials and polymer additives, vigorously develop strategic emerging industries, cooperate with the lithium battery material industry chain, and appropriately cultivate the lithium battery business. Relying on Jiangsu Lianyungang Port Co.Ltd(601008) circular economy industrial park and key technologies of independent breakthrough, build an innovative leading enterprise of new chemical materials with reasonable industrial structure and rich product portfolio.

2.2 business list

Core business main business of subsidiaries

The chemical intermediate business has four industrial bases of Yangnong group with complete supporting facilities in China, and has a leading market position and global influence in the fields of aromatic hydrocarbon chlorination, nitration and hydrogenation series, epichlorohydrin and other products

Chemical intermediates are dominated by the intensive processing of coal tar, characterized by fine chemical intermediates and oriented by functional new materials. Through the integrated development of production and marketing in Sinochem Hebei, the industrial chain is extended and the variety series is enriched, In the field of fine chemicals, the advantages of differentiation and differentiation are increasingly formed

The polymer additive business has a number of R & D Sinochem chemical centers and production bases in China. Its products include rubber antioxidant, vulcanized polymer additive, vulcanization accelerator, nitrobenzene, light stabilizer, ultraviolet absorber, special flame retardant, etc, Its business scope covers more than 50 countries and regions around the world, and its sales network covers Europe, Jiangsu, fubia, North America, Southeast Asia and other places

Sinochem plastics

Lightweight material elix polymers in the fields of lightweight materials and high-performance fiber materials, Sinochem International has rapidly developed high-performance new materials such as aramid fiber and high-strength polyethylene, high-performance fiber materials, Sinochem high-performance fiber and composites, and built the whole material of automobile lightweight industry

Sinochem membrane technology is in a leading position. At the same time, taking the development and production of membrane materials for reverse osmosis membrane and nanofiltration membrane as the starting point, the company quickly entered the membrane material industry

Ningbo runwo

Huai’an Junsheng

The new energy business of power battery takes lithium battery and lithium battery materials as a breakthrough, and Yangzhou Sinochem lithium battery

New energy port has lithium battery materials and Ningxia Sinochem lithium battery production bases in Huai’an, Jiangsu, Yangzhou, Jiangsu and Zhongwei, Ningxia. At the same time, give full play to the advantages of the industrial chain, layout new energy storage, lithium battery recycling and other businesses, create a new energy ecosystem, and recycle lithium batteries from Hebei Sinochem

Medical and health industry

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