CHAIRMAN'S MESSAGE

Chairman's Message

Path towards Sustainability Through Green Transformation

OUCC has always strived to become the most competitive team in the chemical industry as a company of chemical materials which promotes sustainable development. With guidance of its core spirits, the sincerity, diligence, thrift, prudence and innovation, OUCC expects to implement the sustainability concept in the aspects of environmental protection, technology, responsibility and service.

OUCC have been fully aware of for a long while the urgency of regulating and mitigating carbon emissions in response to global climate change finally achieve the net zero emission objective. The Company's R&D and production teams are actively engaged in the technical development and commercialization of carbon capture and reuse, from which domain OUCC has made a crucial breakthrough in recent years by successfully transforming the CO2 captured into high value-added products, which aid in generating economic benefits for the Company and  achieving the triple surplus goals conducing to the economy, environment and society, in addition to substantially reducing the CO2 emissions and performing industrial circular economy.

With huge and continuous investment in R&D to fulfill its goals in Green Production, Carbon Reduction, and New Materials, OUCC has enhanced its internal and external design and modification capacities, to optimize the current high energy consumption and high emission processes, to create innovative environmentally-friendly and diversified green materials. It is believed that every solid step the Company made towards the sustainability shall contribute to the green transformation of the chemical industry through the promotion of consumption and emission reduction, resource regeneration, and recycling trends.

In 2023, we will fine-tune the executive teams of the ESG Committee into "Sustainable Environment,""Product Liability,""Social Inclusion,""Corporate Governance,"and"Secretariat" units to promote their functionalities. The relevant team supervisors are designated to act as the teams' conveners and implement clear and sustainable tasks in collaboration with the human resources therein. The ESG Development Committee shall be upgraded to the supervision level of the Board in the next phase, with Independent Directors served as supervisory commissioners to monitor and inspect actual operations regularly to secure the Company' s long-term sustainability commitments and ongoing improvements.

To meet the proceeding objectives, OUCC has actively employed artificial intelligence (AI) technology for data analysis to strengthen production and process efficiency. The Big Data and AI applied in manufacturing help the Company better understand resource utilization, enhance production capacity and quality, and minimize energy consumption and carbon emission. These measures not only help the Company to meet its sustainable objectives, but also preserve its competitive edge in a highly competitive market.

With the stable profit as the cornerstone of sustainable development, the Company has obtained tangible cost savings, efficiency improvement, and created blue ocean business opportunities and niche markets, while pursuing its sustainable goals of Green Production, Carbon Reduction, and New Materials. As we are standing at a crossroads on the sustainability journey, we shall adhere to the core development principles of green & carbon reduction, CO2 reuse and innovative materials, to ensure the Company’s comprehensive development in environment, society, and corporate governance, with the aids of the ESG Committee execution and AI technology. It is believed that the sustainability vision can only be fulfilled through the collaborative efforts of all employees, supply chain partners, stakeholders, as well as the tr ansformation of the chemical industry.

Chairman, Oriental Union Chemical Corporation CHAIRMAN'S MESSAGE

 
Stakeholders Contactors
SHE Contactors