07 Nov 2018
Everbright International Included in Green Supply Chain CITI Index, Ranking Top in Environment Protection Sector of the Annual Brand List
Hong Kong, 7 November 2018 – China Everbright International Limited ("Everbright International" or the "Group") (HKSE: 00257) is pleased to announce that it has been included in the Green Supply Chain CITI ("Corporate Information Transparency Index") Index (the "Index") for the very first time, as a result of its outstanding performance in environmental management, environmental information disclosure and sustainable development. It ranks No.40 in the overall annual top 100 brand list, the highest ranking in the environmental protection category. Meanwhile, the Group also ranks No.1 among environmental protection industry players in the ranking of the Index.
Established in 2014, the Index was jointly launched by the Institute of Public and Environmental Affairs (IPE) and the Natural Resources Defence Council. It is the world's first quantified rating system based on the environmental management performance of the brands' supply chains in China.
The Index conducted dynamic assessment of environmental management performance of the brands' supply chain in China based on public data, including government supervision data, online monitoring data, verified public petitions and complaints, enterprise disclosures and third-party environmental audits. The evaluation criteria cover five major areas, namely: responsiveness and transparency, compliance and corrective action, extended green supply chain practices, energy conservation and emissions reduction, as well as performance disclosure. This year, the number of industries under evaluation expanded to 16, including two new industries, retail and environment and waste management. The evaluation of the environmental protection industry was jointly evaluated by Wuhu Ecology Center and IPE. The number of brands under the evaluation increased to 306, covering five major regions, namely Greater China, Europe, North America, Japan and South Korea, and Oceania and Southeast Asia.
Everbright International knows well that its environmental protection business is closely related to people's livelihoods. As a result, since the Group shifted its focus to environmental protection in 2003, it has been following high environmental management standards and has established a systematic environmental management system, striving to minimise impacts on the environment from its daily operations, as well as to ensure that its suppliers and supply chain run in a sustainable and responsible manner.
As for energy conservation and emission reduction, since the first environmental protection project commenced operation in 2005, the Group has accumulatively generated green electricity of approximately 23.8 billion kWh. This output can support the annual electricity consumption needs of nearly 20 million households, and is equivalent to saving approximately 9.5 million tonnes of standard coal, reducing carbon dioxide (CO2) emissions by more than 27 million tonnes, and preventing more than 3 billion trees from being cut down. The Group's projects also have accumulatively reduced COD emissions by over 2.8 million tonnes.
In terms of information disclosure, since 2015, the Group has rolled out its "Four Steps" environmental information disclosure plan. Within less than one and a half years, the Group has successively disclosed the environmental impact assessments of its operating waste-to-energy projects and published the levels of their environmental indicators on a monthly, daily and hourly basis. In addition, since June 2016, the Group has opened its operating waste-to-energy projects to the public during the first weekend of each month. All these important measures have reflected the Group's new breakthroughs in terms of information transparency and disclosure, setting new benchmarks within the industry.
Mr. Wang Tianyi, CEO of Everbright International, said, "As a leading player in in the Chinese and Asian environmental protection industries, and a world-renowned ecological and environmental group, Everbright International has been committed to exploring a sustainable business model that is able to nurture the concurrent enhancement of social, environmental and economic benefits. The Group's inclusion into the Green Supply Chain CITI Index demonstrates once again that the Group's dedication and efforts to promoting green development have been widely recognised across China and abroad."
Mr. Wang Tianyi emphasised: "With green development becoming the new normal in China, we must work together to provide innovative measures and solutions to promote green and sustainable development across the world. In the future, Everbright International will continue developing quality environmental protection projects and improving its business transparency by adhering to its corporate mission of being "Devoted to Ecology and Environment for a Beautiful China" and carrying out its responsibility of "Pursuing Excellence and Close to Zero Discharge", in an effort to make positive contributions to the sustainable development of mankind, the improvement of ecological environment and green development."