1、Overall Goal
Suzhou Cornigs Polyols Co., Ltd. (the “Company”) has established a timebound ESG implementation plan covering key topics including NDPE (No Deforestation, No Peat, No Exploitation), human rights, climate action, biodiversity, and water stewardship, aiming to achieve sustainable and responsible growth.
2、Timelines & Key Milestones
|
Topic Area |
Goal & Timeline |
|
NDPE Compliance |
Given the complexity of our supply chain, we target to reach 50–70% NDPE-compliant sourcing by 2025, and will continue to engage suppliers to improve compliance. |
|
Human Rights |
Human rights due diligence system to be in place by 2024 with initial summary report. |
|
Climate |
GHG scope 1 & 2 inventory and emission reduction target by 2025; 30% carbon intensity reduction by 2030. |
|
Biodiversity |
Complete ecosystem risk identification and initiate restoration actions by 2026. |
|
Water |
Reduce water intensity by 15% by 2025; complete water balance testing at all sites by 2024. |
3、Governance Structure
The Company has set up a cross-functional ESG committee (including EHS, Quality, and Procurement teams) that regularly reports to senior management.
· ESG progress is reviewed quarterly and risks are re-evaluated;
· Annual sustainability or ESG update reports will be disclosed;
· A supplier assessment and accountability mechanism is in place.
4、Scope of Coverage
This implementation plan applies to own operations, joint ventures, and wholly/majority-owned subsidiaries. Coverage is being extended to third-party suppliers.
