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Meeting the 2030 Agenda Sustainable Development Goals

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Sustainable Development Chemicalr8y

The Concept of Sustainable Development

Fulfilling social responsibility is not only an essential path for enterprises to achieve economic, environmental, and social sustainability, but it is also a necessary choice for achieving their own sustainable development. It aligns with the external demands of economic and social development trends and addresses the internal need to enhance an enterprise's sustainable development capacity. It serves as a vital approach for enterprises to transform their development methods and achieve sustainability, as well as a strategic requirement for their international development.

The company adheres to lawful and honest operations, conserves resources, protects the environment, prioritizes people, builds a harmonious enterprise, and gives back to society, aiming to achieve value sharing. It is dedicated to the organic integration of economic, environmental, and social responsibilities, striving to become a globally excellent corporate citizen with greater wealth creation, brand influence, and social appeal.

The United Nations' Sustainable Development Goals represent the highest consensus of humanity on sustainable development. Youzhu Chem fully leverages its strengths to find opportunities in meeting societal development needs and addressing common challenges, making efforts to contribute to the achievement of the UN's Sustainable Development Goals through its Oilfield Chemical additives:

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Ensure healthy lives and promote well-being for all at all ages

Promote healthy lifestyle to the public, pay attention to employee health protection, and implement employee assistance program (EAP).

The occupational health examination rate of employees is 100%

The mental health hotline provides 24 hours service.

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Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Incentive support to employees who want to receive different trainings to support their careers in the company.

Intense trainee programs for the students from relevant departments. Job opportunities for the successful trainees to reduce their orientation time to the company.

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Achieve gender equality and empower all women and girls

Strict equal treatment rules.

Supporting the women in managerial positions.

30% of the employees are women in Youzhu Chem. Aiming to keep this ratio stable.

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Ensure availability and sustainable management of water and sanitation for all

Improve water use efficiency, strengthen water resources management and water pollution control; Support and participate in projects to improve drinking water in poor areas.

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Ensure sustainable consumption and production patterns

We are increasing the supply of clean energy, strengthening the sustainable management of natural resources, enhancing the management of hazardous chemicals, and reducing pollutant emissions.

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Take urgent action to combat climate change and its impacts

We endorse and support the goals of the Paris Agreement and actively address climate change. We have developed and released the "Green and Low-Carbon Development Action Plan," which proposes the development of a carbon circular economy and outlines the pathway to peak carbon emissions and achieve carbon neutrality. Methane emission intensity has decreased by more than 10% year-on-year.

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We place great emphasis on greenhouse gas emissions, continually improving the company's carbon emission control system and strengthening methane emission reduction management. We actively participate in the development of the carbon market and deeply engage in global cooperation within the oil and gas industry to address climate change, promoting the industry's transition towards a green and low-carbon future.

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Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

While providing chemicals for Oil and gas field, it helps customers in complying with local environmental protection policies, adhere to laws and regulations regarding the trade of flora and fauna, and protect local rare species.

We actively engage in research related to the field of social responsibility, develop and implement social responsibility training programs, and promote exchanges with relevant domestic and international institutions. This continuous effort aims to enhance the awareness and capability of all company employees in fulfilling social responsibility.

The Future

The world is entering a new period of turbulence and transformation. In the face of a complex and ever-changing domestic and international environment, we are committed to high-quality development. We will implement strategies focused on innovation, resources, markets, internationalization, and green and low-carbon initiatives. By continuously enhancing our sustainable development capabilities, we are dedicated to creating a new landscape of high-quality development. We aim to contribute to the world's energy with Youzhu Oilfield Chemical Additives.

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