Rongsheng Petrochemical Co., Ltd. (hereinafter referred to as “Rongsheng Petrochemical,” “the Company,” or “we/us”), as a leading enterprise in China’s petrochemical industry, fully acknowledges the value, importance, and necessity of sustainability. By creating the Environmental Protection Policy, we pledge to use energy, water, and other natural resources more responsibly, reduce emissions of waste gas, wastewater, solid waste, and greenhouse gases, promote biological and ecosystem protection, strengthen green product research, development, and innovation, and minimize the adverse impact of our business activities on the environment. We will go above and beyond to contribute to the green development of the economy and society.
2. 范围 Applicability
The Policy applies to all Rongsheng Petrochemical and its subsidiaries’ employees (including full-time and part-time). Because of the Company’s extensive distribution of operating locations, the Policy outlines the environment and climate change management policy at the Company level, and each operating location must consider local factors when determining environment and climate change management measures and plans. We also expect our suppliers and partners to refer to the Policy.
3. 管治 Governance
The Company’s Board of Directors has established a Strategy and ESG Committee to review and oversee ESG-related matters including environmental strategic planning, environmental goal setting, environmental policy development and implementation management, climate-related risk assessments, environmental performance, and environmental information disclosure. The Committee reports to the Board of Directors.
4. 管理政策与措施 Management Policies and Measures
环境管理 Environment management
We continuously promote the development of our environmental management system to ensure that all new projects and renovation and upgrading projects pass environmental impact assessments and environmental monitoring. We strictly observe the “three simultaneities” (the safety devices of a construction project must be designed, built and put into production and use simultaneously with the main part of the project) to effectively conserve the ecological environment of the construction area.
We have established a long-term plan and set performance indicators for energy consumption, water consumption, and pollutant discharge. We regularly inspect and review the plan to evaluate its effectiveness.
排放物管理 Toxic emission and waste management
We strictly abide by national or local pollutant emission standards, and adopt internal control indicators that are stricter than national or local pollutant discharge standards. We continuously reduce pollutant discharge by renovating equipment and upgrading sewage stations.
Wastewater, air emissions, and solid waste generated in production and operation activities are discharged only after effective internal treatment or treatment and disposal by an entrusted third-party. Every year, we hire a qualified third-party testing agency to test the concentration of discharged pollutants such as air emissions, wastewater discharges, and noise to ensure that they meet the national environmental protection standards.
水资源使用 Water consumption
We emphasize the rational use of water and carry out strict assessments and management of water supply risks. We have established a water-conservation management team to guide the Company to develop a water consumption management standard system, standardize water consumption management methods and assessment systems in different production links, strengthen water management, adjust water use structure, and continuously optimize water efficiency.
We put efforts in researching and employing water-saving equipment, continuously improve the proportion of water recycling, decrease sewage discharge, and reduce industrial production’ burden on sewage treatment.
能源使用和碳减排 Energy consumption and carbon emission reduction
Upholding the principle of sustainability, we optimize our climate change responses and energy management mechanism, and promote the development of the carbon emission management system. We comply with laws and regulations on energy use, use energy rationally, gradually increase the use of clean energy and renewable energy, and encourage the use of low-carbon, high-efficiency, and energy-saving equipment in procurement. We optimize production processes and carry out energy-saving technological transformations in our plants, committed to maximizing the energy efficiency of the plants and reducing carbon emissions.
We pledge to encourage suppliers, employees, and customers to reduce carbon emissions in daily business activities when providing customers with high-quality products and services. We have also incorporated carbon emission indicators into supplier assessment management. We are committed to working with stakeholders to promote the sustainability of our businesses.
We are aware of the importance of conserving natural resources and biodiversity. We evaluate the impact of project construction on the ecological environment at the early stage of construction and avoid project construction in ecologically endangered areas according to local ecological protection regulations and the recommendations of professional institutions.
In our daily operation, we pursue biodiversity conservation and take measures to conserve biodiversity through ecological compensation and restoration to avoid the adverse impact of business operation on biodiversity and the ecosystem.
绿色产品 Green products
We have integrated green product development into our development strategy. We seize the development opportunities of clean technology, pays attention to the development needs of green industries, seek the optimization of product structure, and accelerate expanding our presence in green industries such as new energy and renewable resources. We continuously increase investment in the research, development, and production of upstream materials in the new energy and renewable resource industry chain, including photovoltaic backplane base film (polyester film), dimethyl carbonate (DMC) products for lithium battery electrolytes, and ethylene vinyl acetate (EVA) products for the photovoltaic industry. In this way, we support the rapid and healthy development of green and environmental-friendly industries and contribute to the green transition of the economy and society.
5. 宣传与倡导 Communication and Advocacy
We regularly carry out environmental protection communication and relevant training to employees every year to encourage them to join in environmental protection actions and reduce adverse impacts on the environment. We also disseminate and promote the Policy to inform all employees, business partners, and other stakeholders of the environmental impacts of the Company’s operations and their respective duties.
We work with business partners and other stakeholders to consult environmental issues and share environmental responsibilities. We share our environmental goals and performance with our employees and other stakeholders through the Company’s annual social responsibility report.
The Policy will be reviewed and revised regularly to ensure that it reflects changing stakeholder expectations as well as changes in relevant guidelines and standards.