Our Sustainability Framework and Strategies
10-Year Sustainability Plan
We observe the mounting concern over climate change and is committed to mitigating our impact on the environment. In early 2021, the Sustainability Committee set out our “10-Year Sustainability Plan”, effective from 2021 to 2030. The plan focuses on three critical topics, namely supply chain management, environmental protection and social responsibilities with 12 key themes.
As one of the largest countries in the world, China is committed to adopting green and low-carbon approaches in its economic and social development. The government has set binding targets of achieving peak carbon dioxide emission before 2030 and carbon neutrality before 2060. We have established five environmental protection targets focusing on sustainable innovation, chemical use, energy-saving and air emission, waste management and water management to support the country’s commitment to transform and upgrade our business operations.
In addition, China has several national policies for peaking carbon emissions and achieving carbon neutrality, including “1+N climate policy system” and the national emissions trading scheme on the Shanghai Environmental & Energy Exchange. Together with the strong national policy support, we believe that our plan provides clear directions and goals for the Group to achieve sustainable growth and further solidify Xtep’s leading position in the sportswear market.