Under the mission of value creation, we continued to prioritize sustainable development.
With in-depth reform, we focused on system building, progress by practice and brand building. As a result, we improved the management and practice of social responsibility.
Organizational system
The Sustainability Committee under the Board of Directors of the Company is responsible for making recommendations to the Board of Directors on the Company’s sustainable development and social responsibility management. The Company established the Steering Committee on Social Responsibility which is responsible for decision-making, leading and promoting the strategic directions and planning of corporate social responsibility according to the opinion of Board of Directors’ Sustainability Committee. CR Power’s Board Office is the leading management department in charge of social responsibility work. It is responsible for daily social responsibility management and preparing and releasing sustainable development reports. All units at various levels of CR Power have established relevant departments and contact points in charge of social responsibility work.
System
Based on the latest standards and requirements including the GRI Sustainable Development Reporting Guidelines (G4) issued by the Global Reporting Initiative, China CSR Reporting Guidelines (CASSCSR4.0) issued by the Chinese Academy of Social Sciences, the Environmental, Social and Governance Reporting Guide (HK-ESG) issued by HKEX, and the Social Responsibility Management Approach for China Resources, the Company proactively formulated and issued the Social Responsibility Management Standard for CR Power, established and perfected the daily working mechanism for social responsibility and improved the social responsibility performance index system to continuously strengthen the standardized, systematic and strategic management of corporate social responsibility.
Report preparation system
This is the eighth consecutive year that we have compiled a sustainable development report. To promote report preparation and formulation, a specific preparation system is established. Organized and led by the Board Office and with units at various levels jointly participating in report preparation system, the system consists of a Leading Group, Report Preparation Working Group and Material Preparation Group. The Board Office is responsible for organizing the preparation, design, release, publication and promotion of the report.
We take day-to-day communication with our stakeholders seriously and have opened various channels to receive comments and suggestions. We frequently share with our stakeholders the latest changes to our operations, culture and values, and future plans, to help them understand and appreciate our actions. At the same time, we incorporate their expectations and concerns in our corporate strategies, operations and management to win their support.