Summary by Moomoo AI
Conch Cement publishes the 2023 Environmental, Social and Governance Report, which outlines the Group's strategies, policies, initiatives and achievements in the areas of CSR and sustainability. The report covers information and data from 1 January to 31 December 2023 and defines the scope of the organization on a critical basis, excluding environmental data and targets for overseas production bases. According to the report, Conch Cement invested about $15.5 billion in environmental technologies, invested about $26 billion in energy reduction, and achieved a decrease in greenhouse gas emission intensity of 1.69% compared to 2020, and a decrease in total energy consumption of about 7.2% per ton of matings, exceeding the 2025 energy-saving target. In addition, the company actively participates in community welfare, rural revitalization and overseas compliance activities to demonstrate corporate social responsibility.