Nan Nan Resources Driving Low-Carbon, Green Transformation with Sustainability
As the world transitions to a low-carbon economy, the global market is becoming increasingly aware of the sustainability performance of businesses. Nan Nan Resources Enterprise Limited (“Nan Nan Resources” or the “Group”) focuses on the coal mining and sales business in Xinjiang Uygur Autonomous Region (“Xinjiang”) People’s Republic of China (“PRC”). At the same time, the Group has further expanded it business segments into renewable energy and informative technology, that covers regions including Hong Kong. Due to the industry characteristics of the coal industry, Nan Nan Resources has adopted various measures to reduce the burden of its operations on the environment and integrated the concept of sustainable development into its operation to transform to a low-carbon economy.
Focus on Climate ChangeTo enhance sustainability governance, Nan Nan Resources has made reference to the recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”) to define four major working areas for climate change management, which assist the Group in regulating and formulating strategies and measures in different aspects. The Group has developed sustainability steering committee to incorporate climate change management and assessment into governance structure.
Nan Nan Resources has formulated the Climate Change Policy and corresponding measures, hoping to alleviate the impacts of its own operations, reduce climate change related risks and improve the Group's climate resilience. Based on the business nature and geographical location, the Group has initially identified relevant climate risks, and plans to conduct a more in-depth climate risk assessment in the future to further analyse the impact of relevant risks.
Protect Our Beautiful Earth
To monitor implementation of the Group's environmental protection policies, Nan Nan Resources has formulated a comprehensive and appropriate internal control system. During daily operations, the Group's coal business inevitably generates dust pollution, which affects the local environment and ecology. To improve air quality and the health of local residents, the Group carried out various dust reduction projects to improve the environment of the coal storage areas and protect the ecosystem. Nan Nan Resources has installed new screening systems for water mist dust suppression in coal storage areas. The system sprays water mist during the screening process to minimise dust generation and emission, thereby reducing air pollution and improving air quality. In addition, the Group uses water curtain doors at the entrances and exits of coal storage areas to effectively isolate dust and smog, preventing them from spilling into the external environment of the mining.
To enhance the bearing capacity and stability of the land, the Group follows Shrub Plantation Policy and regularly plants shrubs, allowing the plant roots to grasp the deep soil to prevent soil erosion.
Value Talent DevelopmentNan Nan Resources upholds a people-oriented corporate culture and is committed to building a safe and healthy working environment for employees. To protect employees from occupational safety hazards, the Group has established a safety management system, and carried out safety work in different aspects, including holding safety meetings, conducting safety hazard inspection, detecting major hazards and organising safety education etc.
To provide a safe and healthy office environment, the Group has installed a water purification system and ventilation system in its new office building. Nan Nan Resources selects reverse osmosis water purification machines, which remove harmful substances and pollutants in water. The water purification system can effectively remove sediment, rust, colloidal substances, suspended solids, pigments, peculiar smells, and biochemical organic substances contained in raw water, as well as lower residual ammonia value in water and pesticide pollution and other harmful substances, hence, reducing employee health issues caused by drinking unclean water.
Embark on New Chapter Towards SustainabilityBusinesses are required to place greater emphasis on sustainability and integrate it into their core strategies as the world transits towards a low-carbon economy. Nan Nan Resources will continue to advance the progress of TCFD related work to enhance climate resilience. In addition, to reduce emissions while enhancing resource efficiency, the Group will improve its environmental management system and establish feasible carbon reduction targets. Nan Nan Resources is committed to becoming a diversified business enterprise, actively exploring new markets and expanding its business scope to technology and renewable energy divisions, taking practical actions to promote the Group's transition to a low-carbon economy.