Esquel launched the Initiative for Sustainable Development Actions from Businesses

Esquel Group is honored to be one of the four leading corporations (with Alibaba Group, Yili Group and China Three Gorges Corporation) committed to the Initiative for Sustainable Development Actions from Businesses.

On October 24 and 25, Chairman Marjorie Yang attended the first Sustainable Development Forum in Beijing, in which a total of 16 Chinese and overseas enterprises signed the Initiative as they pledged to deliver the long-term value of sustainable development for the brighter future of the companies, the communities, the countries and the planet.

The Forum was guided by the Chinese Ministry of Foreign Affairs, and co-organized by the Development Research Center of the State Council, Beijing's municipal government and United Nations organizations. Chinese President Xi Jinping sent a congratulatory letter to the Forum. Vice Premier Han Zheng had also met with overseas delegates.

Addressing the participants, Yang said the top management of businesses, including the chairman and the CEO, have to be the drivers to promote sustainable development on a corporate level. But it is just as crucial to get everyone in the company on board to embrace the concept, act together and accelerate the impact. Since 2005, Esquel Group has reduced per unit output consumption of water by 67%, and electricity by 49%.