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Product Pioneer, Innovation, Green Fashion And High-Quality Development

2024/8/10 10:55:00 0

　　 With sustainable development becoming the global goal, it has become the era proposition and value consensus of Chinese enterprises to fully and accurately implement the new development concept, practice the ESG concept, promote sustainable development, and build a community with a shared future for mankind.

　　 On July 26, Bosiden BOSIDENG, a world-famous brand down garment enterprise, released the 2023/24 Environmental, Social and Governance Report (ESG Report for short). Gao Dekang, Chairman of the Board of Directors and President of the Group, proposed in the report that Bosiden actively practices the ESG concept and sustainable fashion, and integrates its responsibility for employees, industry, environment and society into its corporate strategy and development practice, Improve "quality" to promote high-quality development.

　　 In the 2023/24 fiscal year, Bosiden established a sound and rigorous "1+3+X" ESG strategic framework and governance framework to further strengthen the construction of the ESG system; We will promote corporate governance and practice in key areas such as product pioneer, natural improvement, and people-oriented, and ensure stability and long-term progress, so as to enhance the confidence of investors and consumers. The report shows that the compound annual growth rate of the group's revenue in the past five fiscal years has reached 17.5%, and the compound annual growth rate of the equity shareholders' share in the profit has reached 25.7%, of which the income of the down jacket of Bosiden brand has achieved a compound annual growth rate of 19.6%.

　　 In 2024, Bosiden was selected into S&P's Global Yearbook of Sustainable Development (China Edition) for the first time. MSCI ESG maintained its industry-leading "A" rating, and the Global Environmental Information Research Center (CDP) upgraded its climate change management to "B" rating, all of which were the best ratings for Chinese textile and clothing enterprises.

　　 In the 2023/24 fiscal year, Bosiden established a sound and rigorous "1+3+X" ESG strategic framework and governance framework, which defined the ESG goals and vision. Among them, 1 represents the Group's vision of "consumer oriented, leading sustainable fashion"; 3 Represents the Group's three ESG goals in the short, medium and long term, namely, the short-term goal is to integrate ESG concepts and core initiatives into the whole process of enterprise operation and 80% of the core stakeholders, the medium-term goal is to achieve net zero emissions in the operation by 2038, the long-term goal is to lead the sustainable and fashionable development of the whole value chain, and promote the industry to achieve net zero emissions; X represents a number of initiatives of the Group, among which the focus is on product pioneer, natural improvement and people-oriented. In terms of important issues, specific actions are carried out for several important issues under each key area. In terms of support and guarantee, the core competitiveness of the Group runs through the beginning and the end to protect the Group's ESG strategy.

　　 The report also clarifies a clear zero carbon target. Bosiden ESG report shows that by 2030, the utilization rate of low-carbon fabrics of the Group will reach 40%, improve the efficiency of "integrated commodity operation", further reduce excessive production and improve the utilization rate of raw materials, continue to optimize transportation routes, improve transportation efficiency, and explore and update transportation methods; By 2035, the proportion of green electricity used in the group's operation will exceed 60%, the building energy efficiency will be improved by more than 30%, and more than 80% of core suppliers and upstream and downstream partners will be actively promoted to improve the energy efficiency by 30%; By 2038, the Group will achieve net zero emissions within its operating range, the proportion of green electricity used in the operation will reach 100%, and the utilization rate of low-carbon fabrics will reach 80%. It will continue to explore ways of product recycling and reuse, reduce product landfilling, and the product recovery rate will reach 30%.

Bosideng implements the concept of green and low-carbon in key links of the whole value chain

　　 In the 2023/24 fiscal year, Bosiden carried out research on important issues of ESG for more than 1100 stakeholders, and made overall planning for ESG work to go deeper; Conduct training on business ethics and anti-corruption for all middle and senior staff, and deepen comprehensive risk management. The Group formulates Privacy Policy and Privacy Protection Agreement to ensure the security of consumer information; Formulate the Shareholder Communication Policy to ensure effective two-way communication with shareholders; All employees signed the Letter of Commitment on Integrity of Employees, promising to observe discipline and laws, be honest and clean; All suppliers sign the Supplier Integrity Commitment, and specify the reporting channel in the purchase contract and sales contract to ensure the transparency and fairness of the supply chain.

　　 Science and technology are the first productive forces, and innovation is the first power to lead high-quality development. Bosiden strives to solve the pain points of consumers' sun protection needs through continuous exploration of fabrics, technological functions and wearing comfort. In 2023, the Group will continue to consolidate the development strategy of light and thin down, overcome the problems of different material splicing technology and down content in technology, realize the perfect innovation of light and thin down, which is more diversified, more fashionable, and more light and warm, and truly open a new pattern of cross season, multi scene fashion and freedom of wearing down jackets.

　　 In 2024, Bosiden pioneered the high goose down three in one down jacket, which not only ensures the comfort and warmth of the down jacket, but also has a unique fashion design style to meet the consumers' free switching between urban and light outdoor scenes; At the same time, it also opened the era of sunscreen 2.0, broke the single form of traditional sunscreen, further combined the professionalism and fashion of sunscreen, and launched the third generation of sunscreen clothing of Sun 3.0. At the same time, it invited French luxury fashion designers to open the first cross-border cooperation of sunscreen clothing, and released the series of gel capsules of sunscreen clothing.

High goose down three in one jacket down jacket for light and warm outdoor life

　　 In terms of technology digitalization, Bosiden has built a world leading AI intelligent design platform, made great efforts to improve the technology digitalization technology capability and black technology verification capability, created technology 3D products, and won the second prize for scientific and technological progress in China's clothing industry in 2023; The high-end outdoor innovative series B30142230 won the ISPO Global Design Award and the German Design Award; Bosiden products have also won the recognized authoritative Red Dot Award and IDEA Award. ESG report shows that the Group applied for 545 patents this year, and now the Group has 971 authorized patents in total.

　　 In terms of quality assurance, Bosiden has formulated the Supplier Chemical Control Manual, improved the requirements for supplier chemical control, and joined the Zero Emission Alliance of Hazardous Chemicals (ZDHC). Through the management of chemicals at the input end, the input and use of toxic and hazardous substances can be eliminated from the source; At the same time, in 2023, the Group will introduce the comprehensive inspection and detection methods of scene, mannequin trial wear, display and hanging on the inspection end, improve the product appearance, and continue to optimize and update the product quality inspection system, so as to reduce the standard of product market disability rate to less than 0.08% (high-end products to less than 0.035%).

　　 In terms of service optimization, Bosiden further upgraded the self-service delivery and repair procedures and encouraged consumers to place orders for repair through the procedures. In 2023, there will be more than 35000 small program service orders, with a year-on-year increase of about 124%; At present, the time limit for after-sales to deal with customer problems is controlled within 8 hours, and the qualification rate of user maintenance in the 2023/24 fiscal year has actually reached 99.98%.

　　 In the context of China's "3060" dual carbon goals, Bosiden will implement the concept of green carbon reduction development in the whole value chain links such as raw materials, manufacturing, logistics, suppliers, and actively promote the green and low-carbon transformation of the industry.

Bosiden signed a contract to join the 30 · 60 carbon neutral acceleration plan of fashion climate innovation

　　 In the 2023/24 fiscal year, Bosiden participated in the research and development and completed the innovation of multiple types of bio based fabrics, integrating renewable and biodegradable membrane materials to create high-performance fabrics from plants. Among them, 100% of down has been certified by the responsible down standard RDS, and 75% of down has been certified by the ecological textile OEKO-TEX ? Certified, 58% of down is bluesign ? authentication.

　　 At the same time, Bosiden formulated the report on climate related financial information disclosure (TCFD) for the first time, completed the greenhouse gas emission verification of Scope I, Scope II and Scope III, and obtained the certification of reasonable assurance level in ISO 14064-1:2018; At the same time, the Group uses the self-developed GIMS system to monitor the input and consumption of raw materials, realizing the full process traceability of raw materials and ensuring the transparency and sustainability of the supply chain.

　　 In addition, in terms of renewable power, Bosiden has laid a photovoltaic power generation device on the roof of the warehouse in East China Logistics Park, and the photovoltaic power generation capacity of the Logistics Park in the 2023/24 fiscal year is 894 MWh; At the same time, the Group has proposed a target of 10% increase in renewable power by the end of April 2025 for suppliers to promote low-carbon and green development of suppliers.

Launch the Carbon China Peace Forest (Phase IV) project, and help the Alaxa Tengger Desert Lock Edge Ecological Public Welfare Project

　　 In 2024, Bosiden also launched the Alxa Carbon Central Peace Forest (Phase IV) Project. The project plans to afforest 200 mu every year in the next five years, with a total afforested area of 1000 mu, and plant 10000 seedlings. In order to prevent the eastern expansion of Tengger Desert, reduce desertification and cultivate green hope, the goal of "restoring the damaged land and living in harmony with natural life" will be gradually realized.

　　 Talent is the first resource. Bosiden continues to adhere to the concept of people-oriented and co building happiness, and continues to build an efficient organization driven by strategy and driven by culture/talent mechanism.

Bosiden Global Campus Recruitment Lecture Entered Peking University

　　 In the 2023/24 fiscal year, women in the management of the Group accounted for more than 50%, an increase of about 1.8 percentage points over the same period of the previous year; Bosiden Business School has invested more than 10 million yuan in staff training and further education upgrading, with 100% staff training coverage and 178000 hours of training; We continued to implement the employee equity incentive plan, granted the seventh equity incentive to employees, and granted 589.88 million shares of stock options and bonus shares, covering 170 core employees; Carry out supplier training for 8 times, covering 144 suppliers; The supplier audit coverage is 100%, and it is clear that cooperation with suppliers with excellent labor management is a priority.

　　 In addition, by the end of fiscal year 2023/24, Bosiden Public Welfare Foundation had donated more than 1.4 billion yuan to the society, benefiting about 1.589 million people. ?

　　 The Decision of the Central Committee of the Communist Party of China on Further Comprehensively Deepening Reform and Promoting Chinese style Modernization released on July 21 mentioned that focusing on building a beautiful China, accelerating the comprehensive green transformation of economic and social development, improving the ecological environment governance system, promoting ecological priority, conservation and intensive, green and low-carbon development, and promoting harmonious coexistence between human and nature.

　　 As a well-known down clothing brand operator in China with nearly 50 years of growth and development, Bosiden has always been deeply involved in the clothing and textile industry. In the face of changes in the economic environment and the laws of industrial development, Bosiden insists on making progress while maintaining stability, constantly climbing new heights, and through technology empowerment, transformation and upgrading, it nurtures new forms of industry and forms new quality productivity. Looking forward to the future, Bosiden will continue to implement the concept of sustainable development in the long-term development strategy, enhance the sense of social responsibility, establish a good social image of the enterprise, and build the brand's sustainable fashion ability and open innovation ecology by integrating the leading ESG capabilities.