The 2025 Two Sessions

mark a crucial juncture in the final year of the 14th Five-Year Plan,

and even an important opportunity

to embark on a new journey and draw a new blueprint.

Buzzwords from the Two Sessions

clearly reflect the strategic direction of national development

and precisely spotlight the hotspots and focuses of people's concerns.

From cutting-edge breakthroughs in sci-tech innovation

to steady progress in economic development,

from solid measures for guaranteeing people's livelihoods

to unremitting efforts in ecological protection,

each buzzword embodies a strong impetus

of development in the era.

Let's focus on the buzzwords of the Two Sessions,

listen to the sounds of times,

pool strengths for progress,

and forge ahead towards a brighter future.

This year, during the Two Sessions, "Green Development"

once again emerged as a high-frequency keyword

In-depth discussions on key topics, such as

carbon peaking, carbon neutrality, and the new energy system

reflect the profound transformations

within China's modernization process

In this edition of "Focusing on Buzzwords from the Two Sessions"

we will decode the world language

for comprehensively assessing corporate value—ESG

ESG

The Universal Code for Reshaping the Global Value Chain

In recent years, ESG investment

has gained momentum globally

According to a report

by the Global Sustainable Investment Alliance (GSIA)

the global ESG investment scale

exceeded USD 40 trillion in 2024

accounting for over one-third of total global asset management

The Dow Jones Sustainability Index indicates that

companies with high ESG ratings

consistently outperform the market average

in long-term investment returns

Amid the global green energy transition wave

adopting ESG principles has become a compulsory challenge for many enterprises

Over the past decade

ESG has gradually become a new frontier

for relevant Chinese institutions

Chinese companies, like Tongwei

have established dedicated committees to drive

the implementation of ESG standards and requirements in their operations

and further standardized and enhanced

internal employee awareness, understanding, and practices

In 2024,

Tongwei joined the RE100 initiative

as a Gold Member

and participated in the United Nations Climate Change Conference

for the fifth consecutive time

actively contributing to the "Tongwei Solution"

to global sustainability

With its impactful ESG practices

Tongwei has accumulated over 70 domestic and international awards

in the sustainability field

In March 2024

the Yongxiang Water Conservation Case was shortlisted

as one of the Top 10 Water Conservation Cases in China for 2023

becoming the only case from Sichuan Province

and setting a benchmark for industrial water conservation and emission reduction

ESG transformation

is reshaping global business rules

ESG rating

has become a "green passport"

for enterprises entering international markets

Tongwei was recognized as one of the "20 Cases Examples of Private Sector's Sustainable

 Development in China for 20 Years" by the UN Global Compact

Practical Needs:

Building a China-Led ESG Auditing Standard System

Many international organizations

industry associations, and standardization bodies

have promoted the global implementation of ESG principles

by establishing a series of standards

However, as this process advances

several issues have emerged

Complex auditing standards

impose a heavy burden on Chinese enterprises

Unreasonable auditing criteria

hinder the development of Chinese businesses

Data security risks

threaten corporate operations

Tongwei put forward the sustainable strategy "Together to Win"

At present

many ESG standards and certification units

are developed by different countries

backgrounds, and third-party institutions

leading to significant differences

in systematicity, completeness, effectiveness

and consistency

This resulted in growth in costs and complexities

for Chinese enterprises during the alignment

often resulting in unnecessary detours

While China has formulated

sustainable disclosure guidelines aligned with

mainstream international ESG rules

there is a notable gap

in the supply chain ESG auditing standard system

which forces Chinese enterprises to passively adhere to

standards dominated by Western countries

Therefore, China urgently needs to

develop a supply chain ESG auditing standard system that

fully integrates China’s national conditions

and aligns with the development realities

of Chinese enterprises

exerts broad global influence

to secure a fairer competitive environment for Chinese businesses

Tongwei's "Integration of Fishery and PV" ecological development practice

Historic Shift

China Standards are Reshaping the Global Economic Landscape

Liu Hanyuan, Deputy to the NPC

Vice Chairman of All-China Federation of Industry and Commerce

and Chairman of the Board of Directors of Tongwei Group

said at the media meeting during Two Sessions that

while China may have passively engaged with ESG in the past

the energy transformation over the past decade

coupled with advancements in corporate management, governance capabilities

and societal awareness

has created robust conditions for ESG requirements and governance practices

to take root in China

Whether in terms of hardware or software

China has achieved broad applicability, inclusivity

and effective implementation of

ESG-related requirements

The green garden factory of Yongxiang Co., Ltd. under the brand of Tongwei

Mr. Liu Hanyuan proposed that

relevant national authorities take the lead

in developing a China-led supply chain ESG auditing standard system

He suggested piloting this system in

China’s globally competitive new energy sector

establishing a feedback mechanism

to continuously refine and optimize related indicators and processes

Therefore, it can internationalize

China’s supply chain ESG auditing standards

strengthen mutual recognition negotiations with Europe and the U.S.

to enhance international acceptance and discourse power

encourage Chinese enterprises to adopt these standards

for overseas supply chain ESG management

guide the formulation of globally recognized ESG standards

transitioning from "Made in China" to "China Standards"

enabling China to transform from a global follower

to a leader, a driver, and a pacesetter

The 71MW Rooftop PV Project of TW Solar Technology Yancheng Base

From the historical perspective of human civilization’s evolution

ESG serves not only as a compass for enterprises navigating economic cycles

but also as a measure of civilization-altering transformation

The construction of China’s ESG auditing standard system

is not a mere replication of Western standards

but a transcendence and reconstruction of the industrial civilization’s value system

under the guidance of ecological civilization principles

When the development philosophy of "Lucid Waters and Lush Mountains Are Invaluable Assets"

deeply integrates with the ESG evaluation framework

Chinese enterprises are crafting a new paradigm for sustainable development

infusing global business civilization with Eastern wisdom

This quiet yet profound value revolution

is reshaping the global economic landscape

leaving a distinct Chinese imprint

on the construction of a community with a shared future for mankind