NOVEL Achieves “Top 100 Chinese Listed Companies for ESG” Title at the 18th Chinese Listed Companies Value Selection

Awards Renewed, Green Leadership Forged! On October 24, at the 2024 Chinese Listed Companies ESG Development Seminar hosted by Securities Times Co., Ltd., Huangshan Novel Co., Ltd. (002014.SZ) once again made it to the Top 100 Chinese Listed Companies for ESG by virtue of its outstanding ESG governance performance. This authoritative recognition not only highlights NOVEL’s solid achievements in deepening green and sustainable development and practicing ESG concepts, but also confirms its sense of responsibility as a leader in the flexible packaging industry, setting a benchmark for the high-quality green transformation of the sector.

On the morning of October 24, the 2024 Chinese Listed Companies ESG Development Seminar, hosted by Securities Times Co., Ltd., was held in Kunshan, Jiangsu Province. The seminar announced the winners of the 18th Chinese Listed Companies Value Selection. With outstanding ESG governance performance, Huangshan Novel Co., Ltd. (002014.SZ) once again clinched the honorary title of “Top 100 Chinese Listed Companies for ESG”.

Guided by the vision of “becoming a world-class plastic flexible packaging manufacturer”, NOVEL has long been committed to green and sustainable development. It integrates ESG concepts and practices into its operation and management, and continuously elevates its corporate governance standards. Against the backdrop of the formulation and implementation of China’s “dual carbon” strategy, as a leader in the domestic flexible packaging industry, NOVEL has complied with relevant national policies by issuing the Sustainable Development Manifesto and disclosing the Sustainable Development Report. The company has redesigned its sustainable development strategy, continuously improved its ESG management organizational structure, and embedded sustainable development management philosophy into the entire process of corporate decision-making, operation and development. In 2023, the company’s total organizational carbon emissions decreased by 3.64% compared with the baseline year, while carbon emissions per unit of finished products dropped by 8.04% against the baseline year. For these achievements, NOVEL was listed in the “Top 100 Chinese Listed Companies for ESG” at the 16th Chinese Listed Companies Value Selection.

As a national-level innovative enterprise, NOVEL has actively responded to the Green Packaging 2025 Initiative in recent years. Relying on its State-recognized Enterprise Technology Center and the National & Local Joint Engineering Laboratory for Green Packaging Materials, the company has R&D and promoted eco-friendly materials such as mono-material recyclable packaging and lightweight high-strength green packaging, and expanded application scenarios for plastic reduction. These efforts realize packaging weight reduction, material conservation, consumption reduction and green leadership at the source. In January 2024, Shaanxi Novel Packaging Co., Ltd., a wholly-owned subsidiary of NOVEL, obtained the Carbon Neutrality Declaration Verification Statement (PAS2060:2014) issued by SGS, becoming NOVEL’s first “zero-carbon factory” and turning the eco-design philosophy from blueprint into reality.

The re-acquisition of the “Top 100 Chinese Listed Companies for ESG” title is not only an incentive for NOVEL, but also a reflection of the social responsibilities and expectations entrusted to the company. Going forward, NOVEL will continue to actively fulfill its corporate social responsibilities, effectively enhance its ESG governance capabilities, strive to be a forerunner and pacesetter in practicing ESG concepts, and achieve the dual promotion of economic and social values.