Meihua's ESG Practices Earn Dual Recognition, Marking New Milestones in Sustainable Development
2024-10-30
Recently, Meihua Group has achieved significant milestones in its sustainable development efforts, winning two prestigious honors: Forbes China’s 2024 Top 10 "ESG Inspiring Cases" and an "A-" ESG rating for Q3 2024 from SynTao Green Finance. These achievements fully recognize Meihua Group's outstanding performance in the areas of Environmental, Social, and Governance (ESG), demonstrating the company's firm commitment and substantial results in sustainable development.In September this year, Forbes China released its list of the 2024 Top 10 "ESG Inspiring Cases," where Meihua Group’s collaborative project with Nankai University on the “Research and Application of Key Technologies for Green and Intelligent Manufacturing of Xanthan Gum and Industrial Upgrading” stood out from nearly 500 cases nationwide and successfully made the list. This project optimizes the production process, significantly reducing resource consumption in xanthan gum production. It has achieved a 33% reduction in alcohol use and a 50% reduction in detergent use. Through technological innovation, the project effectively lowers energy consumption and carbon emissions, promoting the green transformation of manufacturing. This technological advancement has not only brought substantial economic benefits but also deeply integrates ESG principles into the company’s operations, providing important inspiration and reference for ESG practices in the industry. The project was also awarded the Science and Technology Progress Award by the China National Light Industry Council, as detailed in the company's research achievements receiving the First Prize in Science and Technology Progress from the China National Light Industry Council.
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