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On August 22nd, the Sedex Sustainable and Responsible Supply Chain Conference was held in Shanghai. As Sedex is celebrating its 20th anniversary, the conference is an opportunity to connect stakeholders in the field of sustainable and responsible supply chain, creating a platform for dialog and discussion. In the face of emerging supply chain ESG, supply chain legislation and due diligence management requirements. The conference has invited experts and teachers as well as business leaders to share their practical cases, academic research and experiences on the hot topics in the supply chain. Li Zhongning, Head of ESG and Sustainability Department of Huayou Cobalt, was invited to participate in the conference to share the topic on behalf of the company.

On behalf of Huayou, Mr. Li Zhongning called for the stakeholders in the supply chain to form a synergy and contribute to the green, transparent and sustainable development of the global supply chain.

Since 2015, Huayou has been actively building ESG and sustainable development management system, and taking due diligence management of mineral supply chain as an important part of ESG management system. Huayou deeply understands that sustainable development is the common task and mission of the whole industrial chain, which requires the unified awareness and common action of the upstream and downstream of the whole industry and all the related parties. As a founding member of the Responsible Care Initiative (RCI) and vice-chairman of the Decision-making Committee, Huayou focuses on “partnership building” and actively participates in the construction of industry standards and action programs.

The Company is committed to improving its management system in strict accordance with the “China Mineral Supply Chain Due Diligence Management Guidelines” and the “OECD Supply Chain Due Diligence Guidelines”, and has formulated the “Policy on Responsible Global Mineral Supply Chains from High-Risk Regions”, “Supplier Standards for Responsible Mineral Sourcing” and “Supplier Code of Conduct”. The Mineral Supply Chain Due Diligence Management Team has been set up to manage the due diligence management of the Company's mineral supply chain, improving the Company's risk management and control of the mineral supply chain.

Looking ahead, Huayou will continue to practice ESG concepts, build a green and transparent sustainable mineral supply chain, and contribute to the promotion and dissemination of excellent cases in the supply chain due diligence management industry.