On February 7, 2023, Forbes released the list of "China's 50 Most Sustainable Industrial Enterprises in 2022". Focusing on five dimensions including management system, technological innovation, comprehensive benefits, resource allocations, and demonstration and promotion, it selected 50 green manufacturing enterprises with national influence and outstanding strength. With solid performance in green manufacturing, sustainable development, ESG construction and other aspects, Huayou Cobalt has become an industry benchmark with high sustainable development value among China's industrial enterprises.

At present, with the concepts of green manufacturing, carbon neutrality, sustainable development, and ESG becoming the consensus of most industrial and manufacturing enterprises, Forbes China launched the selection activity of "China's 50 Most Sustainable Industrial Enterprises in 2022", aiming to find out the green manufacturing enterprises with national influence and outstanding strength, set a new benchmark in the industry, explore a new model of green and low-carbon transformation, and help industrial and manufacturing enterprises to achieve carbon neutrality.

It is generally recognized in the international community that Environmental, Social and Governance (ESG) is an advanced management system at present, covering all fields of the company and reflecting the company's responsibility and sustainable development ability. As a responsible multinational company, Huayou has established an ESG management system in an all-around way to continuously enhance its sustainable development ability and international operation capabilities both in China and abroad.

From cleaner production to green manufacturing as well as from energy conservation and emission reduction to zero-carbon factory, Huayou has always adhered to the concept of "safety and environmental protection are the first priority", strengthened the responsible supply chain management, built the ESG management system, and promoted the green development under the background of the double-carbon objective. Many factories of Huayou have been selected into the list of national and provincial green supply chain management, green low-carbon factories, green manufacturing demonstration units, etc., significantly enhancing its sustainable development ability. Chengdu B&M, Quzhou Huayou Resource Recycling, Jiangsu Huayou Energy and other subsidiaries of Huayou have successively passed the carbon neutral and low carbon certification by the internationally recognized inspection, accreditation, testing and certification organization SGS, and have respectively become the world's first zero-carbon factory for cathode materials, zero-carbon factory for resource regeneration, and zero-carbon factory for power battery cascade utilization. At the "Second Carbon Neutrality Industry Conference in Boao", Huayou launched the "Carbon Peaking and Carbon Neutrality Action Report of Zhejiang Huayou Cobalt Co., Ltd.", and signed the Boao Declaration on Carbon Peaking and Carbon Neutrality Action Plan with 35 enterprises. Huayou New Energy Technology (Quzhou) Co., Ltd. was listed on the list of "Green Design Enterprises of Industrial Products" released by the Ministry of Industry and Information Technology of the People's Republic of China, Tianjin B&M was awarded the title of "Green Design Demonstration Enterprise for Industrial Products", and Huayou Energy was successfully selected into the fourth batch of the "List of Enterprises Meeting the Industry Specification Conditions for the Comprehensive Utilization of Waste Power Batteries" released by the Ministry of Industry and Information Technology of the People's Republic of China. While making sustained efforts to build an industrial ecology from resource exploration to recycling, Huayou has become the representative of green development.

There is still a long way to go. Only by making concentrated efforts can we unite as one and have everlasting development. Huayou Resources Africa has continued to promote the construction of the responsible cobalt supply chain diligence management system. CDM has signed the Social Responsibility Agreement with its surrounding communities and promised to invest USD 1.5 million in the construction of local communities in the next five years. During the construction and operation of the Huayue Project in Indonesia, more than 10,000 jobs have been created and offered to the Indonesian people. In November 2022, at the G20 Summit, Huayou Cobalt Indonesia's Industry-Learning-Research Cooperation Strategy Summit and the Signing Ceremony of Huayou's Local Talent Training Cooperation Project in Indonesia were jointly held, opening a new journey for Huayou to promote the integrated development of Indonesia's industrial chain and innovation chain with Huayou's talents and speed up building Indonesia into a key talent center for the new energy Li-ion battery industry and a global innovation highland. Domestically, Huayou has donated RMB 2.498 million to Fuqian Village, Wanyao Township, Jiangshan City to support rural revitalization, RMB 20 million to Quzhou Charity Association to promote common prosperity, and RMB 50 million to Tongxiang City to set up a Charity and Common Prosperity Special Fund and named the "Chongxue Award" in Tongxiang Economic Development Zone.

As a Chinese saying goes, it takes a good blacksmith to make good steel. Therefore, a company should continuously develop its strength. Meanwhile, Huayou has actively constructed three major systems including the compliance operation system, the internal control system and the ESG management system. Huayou has issued the Compliance Manual, established the Huayou Workplace Environment Committee, built the internal control system according to the Guidelines for the Internal Control Norms of Listed Companies, conducted the enterprise operational legal risk training for middle and senior cadres, and built a strong cadre team. Huayou has initiated the construction of international popular ESG management projects, carried out ESG training and external communication, improved its ESG abilities, and won the 2022 ESG Pioneer Award of Cailian Press.

As a global leader in the green manufacturing integration of new energy Li-ion battery materials and the action model of ESG listed companies, Huayou will adhere to the mission of "creating value for customers and leading industry development" and make unremitting efforts to promote green development and create a better future for mankind.