On June 27, IFUlian officially released the “2023 Sustainable Development Report”, which comprehensively demonstrated the company’s strategic layout, specific practices and achievements in the field of sustainable development in the past year from multiple dimensions such as scientific and technological innovation, green and low-carbon, social responsibility, and corporate governance.

RXE2N0Q0J132A Since 2019, IFUlian has released corporate Social responsibility (CSR) reports for five consecutive years, and this year, for the first time, the CSR report was renamed the “Sustainability Report”, IFUlian Chairman and Chairman of the Sustainability Committee Cheng Hongmeng said in his speech: “This change not only reflects the company’s deepening understanding of corporate social responsibility, but also demonstrates the company’s systematic pursuit and commitment to the concept of sustainable development.”

The report shows that in 2023, the green revenue related to industrial Fulian clean technology reached 195.95 billion yuan; A total of 952 energy conservation and emission reduction projects were promoted, reducing carbon emissions by 158,000 tons during the year. Renewable energy use accounted for 61%, reaching the 2025 target ahead of schedule.

Industrial Fulian Sustainability Report 2023

Green innovation comprehensively enhances the capacity for sustainable development

In the context of the increasingly severe challenges of global climate change, the market is gradually transforming to green, low-carbon and clean, Industrial Fulian takes the development of clean technology as the core development strategy, and focuses on the research and development of clean technology and low-carbon products and services in six fields: energy efficiency management, intelligent manufacturing, artificial intelligence, industrial automation, renewable energy and other technology applications. And achieved remarkable results. The report disclosed that in 2023, the revenue related to industrial Fulian clean technology was as high as 195.95 billion yuan, accounting for 41.14% of revenue, and it is expected to reach more than 50% in 2025. The company’s continuous efforts in clean technology opportunities have been highly recognized by MSCI, an authoritative international index institution, and it was recognized as an “ESG Leader” level by MSCI for the first time in 2023.

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Adhering to the concept of “green development”, Industrial Rich Unicom helps achieve the “double carbon” goal through green operation, green products, industry empowerment and other dimensions, and continuously improves the ability of sustainable development.

In terms of green operations, Industrial Fulian followed the 3R path of “reducing operational emissions, energy structure transformation and carbon offset and carbon capture”, and achieved significant carbon reduction results. In 2023, the Reduce energy saving project will be carried out to reduce 158,000 tons of carbon emissions, the installed photovoltaic capacity will increase by 117% to 82.2MW, the use of renewable energy will account for 61%, and the operating carbon emissions will decrease by 40% compared with the base year. During the reporting period, Industrial Fulian invested 900 million yuan in energy conservation and environmental protection, built 12 national/provincial “green factories”, and 12 subsidiaries obtained UL2799 waste zero landfill gold level and above certification; 90% of the production units are ISO 14001 certified.

RXE2N0Q0J132A In terms of green products, Industrial Fulian is committed to promoting innovation in the field of liquid cooling technology, integrating green concepts into product research and development, and creating a full range of submerged liquid cooling solutions from components, servers to systems, covering the needs of the whole scene from the edge to the data center. During the reporting period, the Fii Green-Eco Product Identification and Evaluation Standard was issued to integrate the Green-Eco concept into the whole life cycle of products, ensuring that the company’s products meet the highest environmental standards at every step from the source to the market. The development of this standard has created an industry precedent and set a new model for the sustainable green transformation of the electronics industry.

In terms of industry empowerment, IFulian has participated in the construction of 9 world-class “lighthouse factories” and more than 30 “smart factories”, and launched the “ESG Internet of Things digital Intelligence Platform” based on its own digital transformation experience, providing digital and green transformation services for more than 2,000 enterprises, helping thousands of industries to transform and upgrade and save energy and reduce carbon.

Behind a series of achievements, is a continuous high intensity research and development investment. The report shows that in 2023, Industrial Fulian R&D investment exceeded 10.8 billion yuan, with nearly 32,000 R&D employees; By the end of 2023, the company had 1,437 active clean technology-related patents, an increase of 36.7%. Industrial Fulian will continue to work intensively in the field of clean technology, and is expected to invest more than 50 billion yuan in research and development in the next five years.