 |
BEIJING, May 21, 2025 /PRNewswire/ -- SANY Heavy Industry (SANY) has published its 2024 Environmental, Social, and Governance (ESG) Report (the "Report") disclosing the company's breakthrough achievements in the fields of clean energy development, green manufacturing and social responsibility practices.
In 2024, SANY invested 520 million yuan (USD72.12 million) in environmental protection, fully committed to promote high-quality development of the industry powered by green innovation.
"In the future, SANY plans to continuously boost investment in clean technology research and development, manufacturing facility upgrades and market expansion, to further expand clean energy product lines and efficient energy utilization solutions. We will continue our efforts to bring more value to our customers and support the green transformation with new quality productive forces," said Mr. Xiang Wenbo, Chairman of SANY Heavy Industry.
Advancing clean energy products and green manufacturing
In 2024, SANY implemented a wide range of energy-saving and consumption reduction projects. The whole-process carbon reduction practices and emission reduction efforts have been significant:
- SANY saved a cumulative total of 0.32 billion yuan (USD44.38 million) in energy cost.
- SANY has applied photovoltaic power generation equipment in 21 subsidiaries, with clean energy usage amounting to 76.072 million kWh, which accounted for 13.8% of total energy usage.
- The VOC emission density is 14.47 tons/million yuan revenue in 2024, a decrease of 17.9% from the base year (2021).
- Strict controls of COD and ammonia nitrogen emissions through wastewater treatment process optimization and online monitoring have lowered the wastewater COD emissions intensity to 0.34 tons/million yuan revenue, an 84.5% decrease from 2021.
SANY plans to continue strengthen clean technology R&D and production facility upgrades in the future with the goal of realizing more efficient energy utilization solutions.
Prioritizing health and safety, focusing on employee development and social welfare
SANY is committed to supporting all employees equally. In 2024, 89% of the group's overseas employees are local hires, and female accounted for 12% of the executive management. The 550-million-yuan (USD76.23 million) employee stock ownership plan launched in 2024 benefited 6,241 people, and throughout the year SANY conducted 485 training sessions which were participated by 93% of employees.
In 2024, SANY organized training on special equipment safety and fire prevention, with a accumulated total of 176,441 participants in health and safety trainings. Its annual injury rate was 1.78‰ and the number of occupational disease injuries was zero.
In addition, SANY is actively investing in social welfare. It donated about 18.16 million yuan (USD2.52 million) to social public welfare funds with cumulative investment exceeding 340 million yuan (USD47.16 million). It carried out 143 public welfare activities covering education, disaster relief and rural revitalization.
ESG strategy safeguarded by digital intelligence
In 2024, SANY optimized its ESG governance structure at the board level and held four shareholders' meetings and seven board of directors' meetings with a 100% attendance rate.
It has built an intelligent supervision and review platform that released 4,568 batches of early warning data and completed 3,754 verifications to realize full-process digital and intelligent control.
"We accelerated our global layout in 2024 and leveraged digital technologies to promote intelligent manufacturing and transformation, actively research and develop new energy equipment and low-carbon products to support global sustainable development," noted Mr. Xiang Wenbo. "Looking ahead, we aim to lead new productivity development including green and intelligent technologies and contribute to reaching China's 'Dual Carbon' goals and global climate actions."
Photo - https://mma.prnasia.com/media2/2692921/20250521161603.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/1518641/logo_Logo.jpg?p=medium600
BEIJING, May 21, 2025 /PRNewswire/ -- SANY Heavy Industry (SANY) has published its 2024 Environmental, Social, and Governance (ESG) Report (the "Report") disclosing the company's breakthrough achievements in the fields of clean energy development, green manufacturing and social responsibility practices.
In 2024, SANY invested 520 million yuan (USD72.12 million) in environmental protection, fully committed to promote high-quality development of the industry powered by green innovation.
"In the future, SANY plans to continuously boost investment in clean technology research and development, manufacturing facility upgrades and market expansion, to further expand clean energy product lines and efficient energy utilization solutions. We will continue our efforts to bring more value to our customers and support the green transformation with new quality productive forces," said Mr. Xiang Wenbo, Chairman of SANY Heavy Industry.
Advancing clean energy products and green manufacturing
In 2024, SANY implemented a wide range of energy-saving and consumption reduction projects. The whole-process carbon reduction practices and emission reduction efforts have been significant:
- SANY saved a cumulative total of 0.32 billion yuan (USD44.38 million) in energy cost.
- SANY has applied photovoltaic power generation equipment in 21 subsidiaries, with clean energy usage amounting to 76.072 million kWh, which accounted for 13.8% of total energy usage.
- The VOC emission density is 14.47 tons/million yuan revenue in 2024, a decrease of 17.9% from the base year (2021).
- Strict controls of COD and ammonia nitrogen emissions through wastewater treatment process optimization and online monitoring have lowered the wastewater COD emissions intensity to 0.34 tons/million yuan revenue, an 84.5% decrease from 2021.
SANY plans to continue strengthen clean technology R&D and production facility upgrades in the future with the goal of realizing more efficient energy utilization solutions.
Prioritizing health and safety, focusing on employee development and social welfare
SANY is committed to supporting all employees equally. In 2024, 89% of the group's overseas employees are local hires, and female accounted for 12% of the executive management. The 550-million-yuan (USD76.23 million) employee stock ownership plan launched in 2024 benefited 6,241 people, and throughout the year SANY conducted 485 training sessions which were participated by 93% of employees.
In 2024, SANY organized training on special equipment safety and fire prevention, with a accumulated total of 176,441 participants in health and safety trainings. Its annual injury rate was 1.78‰ and the number of occupational disease injuries was zero.
In addition, SANY is actively investing in social welfare. It donated about 18.16 million yuan (USD2.52 million) to social public welfare funds with cumulative investment exceeding 340 million yuan (USD47.16 million). It carried out 143 public welfare activities covering education, disaster relief and rural revitalization.
ESG strategy safeguarded by digital intelligence
In 2024, SANY optimized its ESG governance structure at the board level and held four shareholders' meetings and seven board of directors' meetings with a 100% attendance rate.
It has built an intelligent supervision and review platform that released 4,568 batches of early warning data and completed 3,754 verifications to realize full-process digital and intelligent control.
"We accelerated our global layout in 2024 and leveraged digital technologies to promote intelligent manufacturing and transformation, actively research and develop new energy equipment and low-carbon products to support global sustainable development," noted Mr. Xiang Wenbo. "Looking ahead, we aim to lead new productivity development including green and intelligent technologies and contribute to reaching China's 'Dual Carbon' goals and global climate actions."
Photo - https://mma.prnasia.com/media2/2692921/20250521161603.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/1518641/logo_Logo.jpg?p=medium600
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
SANY 2024 ESG Report: Promoting High-Quality Development Driven by Green Innovation
SEOUL, South Korea, Dec. 28, 2025 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, is set to rewrite industry records once again at CES 2026, the world's largest IT and consumer electronics exhibition.
During the Las Vegas show from January 6 to 9, LG Display will unveil a wide lineup of technologies and products that set new records among existing Gaming OLED panels, including the world's highest refresh rate of 720Hz and response time of 0.02ms, the world's first 39-inch 5K2K panel, and the world's first 240Hz panel with an RGB stripe pixel structure.
A full showcase of Gaming OLED panels with overwhelming performance — world-first refresh rate, resolution, and pixel structure
LG Display is presenting a 27-inch Gaming OLED panel at CES 2026 that achieves a refresh rate of 720Hz — the fastest among all Gaming OLED panels currently available. Refresh rate refers to the number of times per second a screen updates, so 720Hz means the screen refreshes 720 times per second. LG Display is the first to achieve such an ultra-high refresh rate on an OLED panel.
This product also offers a response time of up to 0.02ms, which is over 150 times faster than the average response time of LCD panels. The combination of an ultra-high refresh rate and ultra-fast response time eliminates afterimages and motion blur completely, even during rapid on-screen transitions.
The world's first 39-inch 5K2K Gaming OLED panel will also be unveiled at the show. LG Display is currently the only manufacturer worldwide producing 39-inch OLED panels. These curved displays, designed with a 21:9 aspect ratio and 1500R curvature, deliver the ultimate immersive viewing experience with ultra-high resolution that surpasses UHD — ideal for content creators such as video editors and cinematographers. Visitors will also get to witness the world's first OLED panel featuring a 240Hz RGB stripe pixel structure. In addition to its high 240Hz refresh rate that ensures excellent gaming performance, it enables highly detailed and crisp graphic reproduction at 160 pixels per inch (ppi). Optimized for common computer operating systems, its precise pixel structure allows for perfectly sharp text and color representation.
New large-sized OLED technology, Primary RGB Tandem 2.0, to be applied to all 2026 gaming monitors
LG Display also plans to apply its new Tandem WOLED technology, Primary RGB Tandem 2.0, to all Gaming OLED panels launching in 2026.
The company first unveiled its Primary RGB Tandem technology last year — the world's first OLED stack structure in which each of the three primary colors of light (red, green, and blue) is formed as an independent emission layer. The newly upgraded Primary RGB Tandem 2.0 adopts an even more optimized pixel structure and advanced algorithms.
Through this innovation, LG Display's Gaming OLED panels can achieve peak brightness of up to 1,500 nits, deliver perfect blacks with HDR True Black 500, and reproduce up to 99.5% of the DIC color gamut, offering true-to-life picture quality.
"With unmatched refresh rates, resolution, and response times that every gamer dreams of, LG Display is solidifying the unique strength of its OLED panels and enhancing global competitiveness," said Lee Hyun-woo, Head of the Large Display Business Unit at LG Display. He added, "As demand for OLED monitors continues to grow, we plan to accelerate expansion into the market beginning next year, led by world-best and world-first technologies."
About LG Display
LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world's leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.
Media Contact:
Joo Yeon Jennifer Ha, Team Leader, Communication Team
Email: hjy05@lgdisplay.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
LG Display showcases wide lineup of world-first, leading OLED monitors
