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ESG Governance and Goals
Pursuing rigorous sustainability governance, ambitious and challenging target management, we make every effort to move towards a more sustainable future
Governance Structure and Responsibilities
Luxshare has established a three-level sustainability governance structure featuring “decision-making - planning - execution”, which consists of the Board of Directors, the Sustainable Development Center and the Sustainability Implementation Team
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Decision-making Level
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Planning Level
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Execution Level
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Responsible for the decision-making and supervision of the Company’s sustainability-related issues, the decision-making level regularly hears the work reports of the Sustainable Development Center, reviews internal documents such as the Sustainability Report, major ESG events, key ESG plans and systems, audits and approves significant ESG proposals, and ensures that the sustainable development strategies are aligned with the Company’s core strategies
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As the main management of sustainability affairs, the planning level is responsible for formulating medium- and long-term sustainability plans of the Company, deploying work and tracking progress in sustainability and reporting to the Board of Directors regularly, in order to effectuate implementation of sustainability decisions of the Board of Directors within the Company
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The execution level is composed of the Company’s offices, committees, central functional departments, business groups, ESG task force and other important internal execution units, and is responsible for following the directive and planning of Sustainable Development Center; implementing relevant work; and reporting the progress regularly, in order to ensure full implementation of sustainable development philosophies in the Company’s operations
Sustainability Issues We Focus On
Luxshare conducts materiality assessment from both the dimensions of "Financial Materiality" and "Impact Materiality" refer to the authoritative standards, during which we consult extensively with stakeholders and comprehensively assess material sustainability issues. We regularly update the materiality assessment to adapt to the expectations of stakeholders and the constantly changing industry and external environment
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Environmental Policy
All employees participate in preventing and controlling pollution in order to provide green products that align with environmental protection
Continuously reduce waste to satisfy clients and operate green enterprise conforming to requirements of laws and regulations
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Social Responsibility Policy
Abide by laws and regulations; Prohibit the use of child labor;
No discrimination and oppression; Freedom and equality for all;
Protect intellectual property rights; Continuous self-improvements;
Sustainable Development Goals and Commitments
