Amidst a series of health, climate and security crises worldwide, the prevailing ESG concept is reshaping the value system of the global business world. Following the "dual carbon" goals, more and more enterprises reach a consensus that corporate governance should be organically integrated with environmental development and social responsibility to make enterprises more resilient for sustainable development.

To promote the ESG concept in China, Fortune released the first "Fortune China ESG Influence List" on August 23, and highlighting 40 enterprises (in no particular order) that excel in ESG practices. ITG Holding ranked in this first list thanks to its comprehensive ESG initiatives. Other shortlisted enterprises include China COSCO Shipping Corporation Limited, Alibaba Group Holding Limited, JD.COM, Lenovo, CRRC Corporation Limited, etc., as well as ITG Holding and Xiamen Tungsten Co., Ltd. from Fujian Province.

It is learned that this list was open to both listed and non-listed enterprises in China for application, and the selected companies were chosen through qualitative and quantitative questionnaire surveys, strictly following two principles of "equal emphasis on data and cases, and priority to practice highly related to the nature of the industry". 

 ITG Holding was recognized by the list for its ESG concept practices in five major sectors including supply chain, advanced manufacturing, urban construction and operation, consumption and health, and financial services. In the supply chain sector, it purchased and sold waste paper with a volume of more than 100,000 tons and reduced solid waste by 5 million tons in recycling steel and iron trade in 2021; in the advanced manufacturing sector, it took the lead to invest in a flexible AMOLED production line to promote the development of flat panel display in Xiamen, and studied and developed green products such as "paper antenna RFID"; in the urban construction and operation sector, it actively promoted the application of green building technology. In 2021, it increased green buildings with an area of 2,956,940 m2. It also created the first "zero-carbon building" and "zero-carbon community" in Xiamen, and built the new Xiamen International Conference and Exhibition Center in accordance with the two-star standard for national green buildings; in the consumption and health sector, it continuously promoted new energy vehicle service, boosted the development of inclusive education, paid attention to energy conservation and emission reduction in medical production, and obtained multiple certifications for food quality and safety; in the financial services sector, it strove to develop green finance, took industry fund as the investment subject, and focused on the investment in multiple green industries.

For a long time, ITG Holding has been actively exploring the internal logic of high-quality development. It practices ESG to stimulate the enterprise's endogenous power. The company also aims to promote a beautiful society, and take on the responsibility of "leading globally competitive industries, creating a better life". 

At the beginning of July this year, ITG Holding issued the first ESG report on municipal state-owned enterprise in Xiamen, which disclosed the Group's work and achievements in the environment, social responsibility and corporate governance, as well as the Group's contributions to realize the United Nations SDGs in 2021. The ESG report was well received by all sectors of the society.

ITG Holding’s commitment to sustainable development will continue to anchor the company in long-term growth and create value through responsible ESG practice!