Environmental And Social Responsibility

SHENYAN， As a company that focuses on sustainable development, we deeply understand the important role we play in protecting the Earth's environment and fulfilling our social responsibilities. We are committed to integrating environmental and social responsibility concepts into our business operations, pursuing economic benefits while creating common value for the environment and society.

Biodiversity Statement

I. Purpose of the Statement

SHENYAN's biodiversity conservation philosophy is based on the United Nations Sustainable Development Goals (UNSDGs) and the Kunming-Montreal Global Biodiversity Framework under the Convention on Biological Diversity (CBD). This statement describes SHENYAN's strategies and approaches to protect biodiversity and ecosystems to the best of its ability during business operations and while providing products and services.

II. Why is Biodiversity Important to Us?

Biodiversity is fundamental to human well-being and the health of the planet. However, the loss of biodiversity has been identified as one of the greatest global risks today. Restoring natural ecosystems requires collective efforts to shift current overconsumption-driven business models toward sustainable production and consumption. This involves developing nature-benefiting business models and finding solutions to issues such as changes in land and sea use, overexploitation of resources, climate change, and environmental pollution, while working together to implement these solutions effectively.

As a company providing precision component products to global customers, SHENYAN's vision and mission are "User-Centered, Green Manufacturing." As a business committed to sustainable development, we recognize our crucial role in protecting the environment and fulfilling social responsibilities. Therefore, we strive to integrate environmental protection and social responsibility concepts into our operations, aiming to create both economic benefits and shared environmental and social value.

III. How Do We Achieve Biodiversity Governance？

SHENYAN's commitment and investment in biodiversity protection are rooted in the company's social responsibility. Oversight and management are conducted by personnel authorized by the Board of Directors, while a dedicated biodiversity team drives the implementation of specific initiatives.

IV. Our Strategies and Approaches: Energy Conservation, Green Manufacturing, Sustainable Development, and Collective Participation

We prioritize managing nature-related risks and opportunities, striving to reduce our dependence on natural resources such as land and water. Considering the adverse effects of climate change on biodiversity:

·         In our operations, we use intelligent systems to precisely control electricity and gas resources, minimizing waste. Additionally, we recycle and reuse water resources, adopt solar energy, and reduce the reliance of business operations on natural resources.

·         In product design and production processes, SHENYAN focuses on recycling and resource conservation to reduce the carbon footprint and achieve green manufacturing.

·         We raise awareness among employees and suppliers about the importance of biodiversity protection, promoting the concept of sustainable development.

·         We participate in the CDP initiative for carbon emission disclosure, improving our carbon emission management capabilities, and enhancing environmental awareness and responsibility to drive sustainable corporate development.

·         We engage with the Ecovadis initiative to enhance our ability to manage potential risks, promote environmental innovation, and drive eco-friendly innovation across the global supply chain.