On October 19th, the 2023 Green Supply Chain and Climate Action Forum, co-hosted by the non-profit environmental research organization the Institute of Public and Environmental Affairs (IPE) and the Heinrich Böll Foundation (Germany) Beijing Representative Office, was held in Beijing. Luxshare was invited to participate in this event and engaged in in-depth discussions with representatives from various industries on the practices of green and low-carbon transformation in the supply chain, including carbon data disclosure, carbon target setting, supplier awareness enhancement, and empowerment.

At the event, IPE released the tenth annual report on the Green Supply Chain CITI Index and the sixth annual report on the Climate Action in the Supply Chain (CATI) Index. The reports indicated that, guided by the disclosure of environmental information, significant progress has been made in the construction of green supply chains in China over the past decade, providing positive contributions to environmental governance in China and global climate action. The current CATI and CITI ratings cover 742 domestic and foreign enterprises across 22 industries. Luxshare has consistently climbed the overall and industry rankings in both CATI and CITI indices over the past three years. Moreover, its industry rankings have once again entered the top ten, showcasing its leading performance among enterprises in the Greater China region.

In order to accelerate the decarbonization process of the supply chain, achieve global climate goals, we joined the IPE's "Towards a Zero Carbon Supply Chain Initiative" in 2023. We commit to promoting carbon data calculation and disclosure among supplier companies, scientifically setting emission reduction and neutralization targets, publicly disclosing annual emission reduction progress, promoting industry decarbonization paths and technological research, and empowering suppliers to effectively implement carbon reduction actions.

Guarding our home on Earth with all our strength, Luxshare will leverage the opportunity of collaboration with IPE, exert its leadership influence, continuously strengthen its carbon management, and, in collaboration with relevant parties, explore the path of low-carbon development in the industry. This is aimed at contributing to the advancement of zero-carbon supply chain construction and the societal transition to low-carbon, leveraging technological and resource advantages.