Take Responsibility Bravely, ESG Management Achievements Of Longguang Group Are Recognized

Zhang Shuguan / Wen

On December 19, the "17th Chinese corporate citizen forum and 2020 Chinese Corporate Citizen Award Ceremony" sponsored by 21st century economic report was held in Shanghai. Longguang group (3380. HK) won the title of "outstanding corporate citizen of the year" for its outstanding performance in the field of corporate citizenship.

This is a social recognition of Longguang's practical implementation of corporate responsibility. Before that, on the eve of "Guangdong poverty alleviation day" in 2020, Longguang group received a letter of thanks from Yunnan nuduo village. In this letter, the village committee of nuduo village and 1680 villagers expressed their gratitude to Longguang group and their firm confidence in getting rid of poverty and becoming rich. The letter said: "thanks to Longguang for its selfless help in the" hundred enterprises help 100 villages "campaign, all villagers will work together to overcome all difficulties and actively carry out various work to overcome poverty, so as to achieve poverty alleviation on schedule 。”

Nuduo village is located in Zhongpai Township, Lanping County, Nujiang Lisu Autonomous Prefecture, Yunnan Province. The local life is extremely hard. It is a deep poverty-stricken village in Yunnan Province, and it is also the last "tough bone" in the fight against poverty. As a village group for poverty alleviation and relocation, after the completion of infrastructure construction, such as Tongzu highway, affordable housing and power transmission lines, due to limited funds, it is unable to support villagers to purchase household appliances and furniture when relocating new houses. After the relocation, the villagers still live on the simple bedstead, and the consolidation rate is low.

As a pair of enterprises helping hundreds of villages, the Party committee of Longguang group and the Longguang Charity Foundation responded quickly and raised funds after learning about the difficulties and needs of villagers, which were specially used to purchase living materials and improve living conditions of residents. After nearly half a month's efforts, the hundreds of sets of living materials purchased by Longguang are all in place and sent to the villagers' homes in difficulties by special personnel. In order to help the local villagers more effectively, long Guang and the relevant leaders of the local government have made in-depth contact with the village for many times to understand the situation of the village and the living conditions of the villagers in their new homes, and actively explore the planning of the follow-up poverty alleviation projects.

For a long time, Longguang group, with the brand development concept of "building a city with responsibility and building a home with a heart", has been committed to building a better life, and has the courage to undertake corporate social responsibility, devote itself to social welfare undertakings, and promote the long-term sustainable development of enterprises and society.

In the practice of ESG (environmental, social and governance, i.e., environmental, social and corporate governance), Longguang group is in the forefront of the industry. In March 2020, Longguang established the sustainable development (ESG) committee, with the chairman of the board of directors as the chairman of the committee, and established a sustainable development governance structure composed of the board of directors, the Sustainable Development Committee and employees, so as to continuously improve the ESG management level of the company.

In the field of environmental responsibility, Longguang is committed to promoting green development and building ecological civilization, putting ecological environment protection in a more prominent position in enterprise development. More and more projects adopt green building design standards, attach importance to the construction process, and strictly control each link, so as to achieve the effects of energy saving, water saving, material saving and emission reduction, earnestly implement the responsibility of green environmental protection, and promote green buildings and energy conservation It can reduce emissions and create a national famous brand of healthy living.

In the field of social responsibility, as a responsible city comprehensive service provider, Longguang group has been actively returning to the society. In conjunction with the Longguang charity foundation, it has been making continuous efforts in poverty alleviation, education and other sectors, vigorously carrying out targeted poverty alleviation and helping to overcome poverty. It has carried out more than 200 public welfare projects, with public welfare footprints covering more than 20 cities across the country, with an accumulated donation of 850 million yuan. In the face of the sudden outbreak of new crown pneumonia in 2020, Longguang group started the donation process at the first time, and cooperated with Longguang charity foundation to donate 50 million yuan to support the epidemic prevention and control work in Hubei, Guangdong and other relevant areas.

In terms of corporate governance responsibility, Longguang group has continuously consolidated the long-term business partner plan and formed a talent development mechanism of seeking common development, creating value and sharing benefits; the company also continued to consolidate the management mechanism, product strategy and ESG system, providing mechanism guarantee for the long-term development of the company and continuously improving the brand value of the enterprise.

In April 2020, Longguang group responded to the new disclosure requirements of the Hong Kong Stock Exchange in advance, and released the annual report of ESG independently for the first time, which comprehensively demonstrated the progress and achievements in the field of sustainable development. On July 30, MSci (Mingsheng company), a world-famous index compilation company, released the latest ESG rating report. Longguang group was awarded "BB" rating, which showed that the international capital market recognized the sustainable development achievements of Longguang group.

MSCI is not only the most authoritative investment index compiling company in the world, but also the most authoritative ESG rating agency in the world. The company selects listed companies in the global capital market that attract investors' attention every year, and establishes a rating system for ESG rating based on public information. Due to the objectivity, impartiality and practicability of its research results, the ESG rating results of MSCI have become the most mainstream investment reference in the international capital market. The award of MSCI "BB" ESG rating will further enhance Longguang group's corporate social value and capital market influence.