Recently, the book Best ESG Practice Cases of Public Companies was officially released. Compiled by China Association for Public Companies and published by China Financial and Economic Publishing House, the book contains 146 outstanding cases to showcase the best ESG practices of over 100 benchmark enterprises in 28 industries in China. As a leading high-end paint brand, 3TREES was successfully included in the book for its outstanding overall practical performance in the ESG domain.

As a new term, ESG is the abbreviation of Environmental, Social and Governance in English. As an important indicator to measure the sustainable development of enterprises, it has now become one of the themes of concern for global investors, which promotes the sustainable development of ESG worldwide. Since going public on the A-share main board of the Shanghai Stock Exchange in 2016, 3TREES has released its corporate social responsibility (CSR) report for five consecutive years, making sound ESG information disclosure as a public company and boosting its development in ESG. The company has proactively shouldered its social responsibility, and led the green and high-quality development of enterprises.

In the case entitled "Empowering ESG Governance, Leading a New Future of the Paint Industry", 3TREES is shown to have adhered to its corporate mission of "Making Homes Healthier, Cities More Beautiful and Lives Better" since its inception. Integrating an ecological strategy into its corporate management, the company has vigorously implemented the idea of green development, put the “dual carbon” strategy into practice, and taken actions to develop "dual carbon" products, build green supply chains, create green brands, plant trees and expand green finance, achieving remarkable results in photovoltaic power generation, equipment energy consumption reduction, production and transportation cost reduction, and green factory construction. By tackling key issues in emission reduction through technology, management and trade, 3TREES has energetically boosted the establishment of a zero carbon system, the construction of zero-carbon factories and the creation of zero-carbon supply chains, and led the way for green and low-carbon development and industrial transformation.

In its ESG management practice over the years, 3TREES has accomplished remarkable achievements in all three aspects of ESG, winning wide recognition from all walks of life.

On the environmental side, 3TREES has taken the "double carbon" goal and the "Green Olympics" idea as the driving force for corporate development. it has continuously upgraded the environmental performance of its coating system, improved the sustainability of its facilities, and made every effort to add green scenery to the Beijing Winter Olympic Games. At the same time, the company has energetically responded to China’s national "double carbon" strategy, established a zero carbon system, set up scientific carbon reduction targets, carried out key research work, built zero-carbon factories, and proactively promoted the green and low-carbon development of the chemical coating industry. As for green and environment-friendly operation and management, 3TREES has established and improved a safety and environmental management system, raised the level of resource and energy utilization, strengthened the treatment of waste water, waste gas and solid waste, ensured the safe use of chemicals, promoted green designs, taken safety and environmental actions, and constantly improved the safety and environmental management of the whole Group.

On the social side: 3TREES pursues the CSR idea of “Respecting Nature and Caring for Compatriots”, adheres itself to the corporate mission of “Making Homes Healthier, Cities More Beautiful and Lives Better”, and boosts the revitalization of rural industries and the development of education. It has established a learning and growth center-based training system, constantly upheld the principle of "sharing with strivers", and put caring for employees and promoting their comprehensive development in an important position. It has continuously improved training and career development paths for employees, and organized diversified employee care activities.

On the governance side: 3TREES attaches great importance to corporate governance, and has constantly improved its internal governance and striven to build itself into a premium enterprise which pursues "Party building through sound paint undertakings". Based on its Articles of Association, it has formulated 31 major rules, regulations and internal control systems and continuously improved its work on Party building, the operation of its board of directors, board of supervisors and general shareholders’ meeting, the safeguard for shareholders' rights according to law, the standardization of information disclosure, better transparency, as well as the enhancement of the relationship between controlling shareholders and the listed company, so as to promote sustainable and stable corporate development.

Adhering to its corporate business philosophy of “Imitation of Nature”, 3TREES has gained a profound understanding of the significance of sustainable development. Proactively responding to China’s green development, common prosperity and other national strategic policies, it has strengthened ESG management, energetically joined the great trend of green building development to replace high-carbon products with low-carbon ones, promoted the third revolution from health to beauty and then to a better life, and made concrete efforts to reduce energy consumption in buildings and empower the construction of social ecological civilization. It has continuously contributed to various social welfare undertakings such as fighting the Covid-19 pandemic, helping the poor, and donating money to schools. In the future, 3TREES will continue to push forward ESG-related work, proactively shoulder its corporate mission and social responsibility, and make more valuable contributions to the country, industry, people's livelihood and the environment.