Summary by Moomoo AI
Xinhua International Limited has released its 2023 Environmental, Social and Governance Report outlining the company's progress and future plans in the field of sustainability. THE REPORT HIGHLIGHTS THE ACHIEVEMENTS OF NOVELTY IN ENHANCING PRODUCT SUSTAINABILITY, ACHIEVING 100% RENEWABLE ELECTRICITY IN GLOBAL OPERATIONS, AND INCREASING THE PROPORTION OF WOMEN IN MANAGEMENT. The company had a combined net sales of $3,682.4 million in 2023 and has approximately 12,100 employees in more than 40 countries worldwide. XINHUI IS ALSO COMMITTED TO DRIVING INDUSTRY TRANSFORMATION THROUGH ITS PRODUCT DESIGN AND DEVELOPMENT AND THE ADOPTION OF MORE SUSTAINABLY CERTIFIED MATERIALS IN PRODUCTS AND PACKAGING. In addition, the company has completed a two-factor assessment, identified key sustainability issues and established a new global product sustainability framework. The newcomer also mentioned in the report a commitment to fighting climate change, including setting emission reduction targets consistent with the Science Goal Initiative standards.