NINGBO, China, Dec. 24, 2024 /PRNewswire/ — In today’s fast-evolving global market, sustainability is not just a buzzword but a central pillar of strategic success, and Ningbo Boway Alloy Material Co., Ltd. (SHSE: 601137; “Boway Alloy”) is at the forefront of this movement. Recognizing the critical importance of sustainable practices in ensuring long-term growth and resilience, Boway Alloy has embedded sustainability into the core of its operations. This unwavering commitment was acknowledged in 2024 when the company was awarded the Silver Medal by EcoVadis, the leading global provider of business sustainability ratings.Continue Reading
Roof Filled with Solar Panels in Boway
EcoVadis conducts comprehensive assessments across four critical areas: environment, labor and human rights, ethics, and sustainable procurement. Boway Alloy’s Silver Medal from EcoVadis places the company in the top 15% of all evaluated companies globally, underscoring its strong performance and ongoing commitment to environmental protection, social responsibility, and governance.Complementing this recognition, in the 2023 global climate ranking by the non-profit organization CDP (Carbon Disclosure Project), Boway Alloy achieved an impressive “A” score for emission reduction initiatives and low-carbon products. Overall, the company received a “B” rating, surpassing both the Asia regional average of “C” and the electrical & electronic equipment sector average of “C”. The CDP is a premier global platform for environmental impact disclosure, rates organizations on their environmental stewardship. Boway Alloy’s performance highlights its significant strides in minimizing emissions and promoting green technologies, further cementing its role in advancing sustainable solutions.As a company committed to social responsibility, Boway Alloy has consistently prioritized sustainable development. In a significant move towards environmental responsibility, Boway Alloy has developed short-, medium- and long-term energy-saving and emission-reduction plans to contribute to global low-carbon and sustainable development efforts.A key focus of its sustainability strategy is the energy-efficient transformation of major equipment such as motors, transformers, and air compressors. These upgrades are projected to reduce carbon dioxide emissions by over 7,000 tons annually. Additionally, it has installed systems for reclaimed water reuse and intelligent control of circulating cooling water quality, which will significantly reduce wastewater discharge and optimize resource utilization, minimizing reliance on natural water resources.Embracing green and clean energy, Boway Alloy has installed solar rooftop photovoltaic systems across multiple facilities in China and Vietnam. This initiative allows these facilities to utilize self-generated photovoltaic clean energy, reducing carbon dioxide emissions by over 2,500 tons each year. Boway Alloy p
Gio. Dic 26th, 2024
