Notice

ESG (Environmental, social, and governance) standardization is an important trend in the development of ESG. In recent years, numerous ESG standards and guidelines have been introduced globally, including the United Nations Global Compact, the ISO 26000 Social Responsibility Guidelines, and the GRI Standards for Sustainability Reporting. ESG considerations have emerged as a central focus for China's and global companies towards sustainability priorities. As ESG values take centre stage as a pivotal focus for consumers and businesses across China and the world.

Cinobee has been an advocate and pioneer in its commitment to these principles. On 12 April, Cinobee's Co-founder and CEO, Devin Li, attended an ESG forum hosted by Dr. Biyn Chen, a renowned United Nations sustainable development expert, researcher, climate economist, and patriotic social activist, sharing insights on Cinobee's ESG practices and future plans.

Devin Li highlighted that since Cinobee's inception in the 1980s, the company has focused on producing high-quality beeswax and bee products, establishing a reliable brand image. As the company grew, it expanded its product line to include bio-based materials, always adhering to environmentally friendly and sustainable production practices. Even before the term "ESG" gained widespread popularity, Cinobee's practices already aligned closely with these principles.

Devin Li emphasized the importance of ESG for business development and social governance. He actively participates in ESG forums, engaging with industry experts to continually enhance Cinobee's ESG performance. He pledged that Cinobee will continue to uphold ESG principles, driving the company's healthy growth and contributing to society and the environment.

During the forum, Devin Li shared specific examples of Cinobee's ESG practices. These include optimizing production processes to reduce energy consumption and emissions, actively promoting the research and application of environmentally friendly raw materials, and emphasizing employee welfare and social responsibility. These efforts have not only enhanced the company's overall competitiveness but also established Cinobee as a responsible corporate brand.

Dr. Biyn Chen expressed high praise for Cinobee's ESG practices, encouraging more companies to emulate Cinobee's commitment to ESG and jointly promote sustainable business development and social progress.

The forum provided a platform for Cinobee to showcase its ESG achievements and experiences, and also offered an opportunity for industry peers to exchange ideas and learn from each other. Cinobee will continue to uphold ESG principles, driving innovation and development to contribute to building a better society. Focus on ESG is possibly one of the biggest opportunities today. Cinobee is striving towards this goal not just to appeal to the domestic market but the overseas markets as well. As such, Cinobee is increasingly working with its partners to build out our sustainability through sustainable sourcing programs. The company has also simplified sustainable ingredient selection. The system is based around criteria in line with the United Nation's Sustainable Development Goals and based on three pillars: clean sourcing, clean transformation, and environmental impact.