Sustainability Strategies
Sinochem International raises sustainable development up to corporate strategic level. We are dedicated to integrating commercial practices and social values with optimized business models and product designs. To shape a sustainable future, we aim to promote balanced development of the economy, society and environment as a whole.
Corporate vision
Fine Chemistry, Green Life
Objective of sustainable development
To be a model of sustainable development for fine chemical industry
Action of sustainable development: FINE 2030 Action
In the title of the action, the "FINE" stands for both "Fine Chemistry" in English and "happiness" in Chinese, manifesting the original intention of "Chemistry for a Better Life" of Sinochem International. "FINE" is also the acronym of "Foundation", "Innovation", "Network" and "Environment", representing "solid foundation", "technological innovation", "partnership network", and "environment-friendly production" respectively. Sinochem International, following the principle of "In Science We Trust", functions as a catalyst in chemistry, utilizes its professional knowledge and advantage, releases the full potential of scientific and technological innovation, offers high-quality, green and healthy products and innovative solutions, and cooperates with stakeholders to seek sustainable ways to meet global challenges.
The “FINE 2030 Action”, based on Goal 12: Responsible Consumption and Production and Goal 13: Climate Action in the Sustainable Development Goals (SDGs) of the United Nations that are closely related to the company, contributes to realization of SDGs with innovation and responsibility taking.
Objective of “FINE 2030 Action”
In 2022, Sinochem International published the "Fine 2030 Action Album" to share its progress and multi-dimensional performance in 2022.
Sustainability goals over the 14th Five-Year Plan period
In 2021, the board of directors of the company identified the key areas most closely related to the development of the company based on the new development stage and latest sustainable development trends. These key areas were then used to formulate sustainable development strategy objectives during the period of the 14th Five-Year Plan (2021-2025). Under its sustainable development committee at the management level, the company has set up an executive committee and five professional sub-committees responsible for the implementation of key actions. These committees are required to report to the board of directors regularly. The board of directors regularly evaluates and reviews the implementation and progress of tasks while offering suggestions for improvement. The board is to ensure that goals are achieved according to schedule and the company continually improves its ability to create comprehensive economic, social and environmental value.
The company identified specific work plans based on the various objectives and drove the implementation thereof, announcing the implementation progress of these objectives on a regular basis.
