Outstanding ESG cases of listed companies released, and Luen Mei Quantum’s ESG development concept widely recognized

Recently, the First Conference on ESG Management System of Listed Companies themed “Unraveling ESG Value Path and Reshaping Sustainable Development Ecology” was held at Suzhou University. Luen Mei Quantum (600167.SH) was successfully included into the White Paper on the Observation of ESG Practices of Chinese Enterprises & Analysis Report on the ESG Status Quo and Trend of Listed Companies (the “Analysis Report”) with the case of Active Improvement of Environmental Management System through Innovation, Upgrading and Transformation.

 

As an integrated energy service provider that follows the “clean, efficient, smart and low-carbon” development concept, Luen Mei Quantum has always adhered to the ESG concept to boost its steady development, as it constantly upgrades the integrated energy service business and actively fulfills corporate social responsibilities (CSRs). While fully mainstreaming Environmental, Social, and Governance (ESG) affairs into its development strategy and business activities, the company has released ESG reports for four consecutive years since 2019, displaying the value of CSRs to the public in an all-round, multi-dimensional and solid manner, and gaining recognition from the market and institutions on its work.

 

Guided by the green development concept, Luen Mei Quantum has continuously deepened industrial layout across China, and adopted flue gas waste heat recovery, reclaimed water source heat pump, air source heat pump, medium-deep geothermal energy, photovoltaic+, biomass and other renewable energy technologies based on local conditions via the “self-building + acquisition + operations management” mode. It has constantly expanded the proportion of clean energy, vigorously explored and developed the industrialized application of stored energy and hydrogen energy, and continuously helped the entire society form green and environmental-friendly industrial structure, production mode and life style, with a view to delivering better integrated energy services for social development and people’s life.