With the goal of “energy conservation, lower consumption, pollutant reduction, efficiency improvement, pollution prevention and continuous improvement”, YOFC has reduced comprehensive energy consumption per ten thousand yuan of gross output value, comprehensive water consumption per ten thousand yuan of gross output value, and carbon dioxide emissions per unit of output value by technical and managerial improvement.
As to energy use, YOFC has purchased renewable and clean energy to support its development. As of 2020, the head office was 100% powered by hydroelectricity which has been recognized as clean electricity, leading to a reduction of carbon emissions by 77,000t in comparison with that generated by coal-fired power generation.
In terms of water consumption, all members of YOFC are encouraged to save water, and water cost is included in the assessment system. Furthermore, on the basis of identifying water consumption of existing processes of various subsidiaries and product lines, water conservation programs have been planned and implemented in combination with relevant technological improvement measures.
Regarding to carbon emissions, YOFC monitors carbon emissions during the production process, formulates a greenhouse gas emissions management system, and actively gets involved in carbon emissions permit trading organized by local authorities. In addition, YOFC has set up a carbon emissions management team and developed the internal training program Carbon Trading and Energy Management. It also set in motion the energy management program on the group basis in 2021 to calculate carbon emissions in accordance with ISO14064. Efforts are also made to promote the development of energy management and technical exchange platforms for the group and the creation of an favorable environment for energy conservation and carbon reduction, so as to achieve corporate development in an eco-friendly and low-carbon manner.