Bosiden And The University Of Hong Kong Have Strategic Cooperation To Deepen ESG Innovation And Lead Sustainable Development

Recently, Bosideng International Holdings Co., Ltd. (HK. 3998) signed a strategic cooperation agreement with the Global Enterprise Sustainable Development Institute of * * * University Jockey Club. The two sides will take the ESG innovation practice as * * *, deepen the industry university research linkage, jointly promote the green low-carbon transformation of the textile and clothing industry, create a new model of global sustainable development, and attract widespread attention in the field of sustainable development.

***The University Jockey Club Global Enterprise Sustainable Development Institute is a strategic cooperation project between * * * universities and the Jockey Club. It is committed to building a global high-quality environmental, social and governance (ESG) * * * practice center, serving China * * *, Asia and beyond. More than 50 global interdisciplinary scholars and experts gathered here to work together on ESG research, education and knowledge exchange to promote the development of regional and global ESG practice. Bosiden is a world-famous down garment brand enterprise. It has always adhered to the long-term principle and social value creation, and practiced the sustainable development strategy. For 29 consecutive years, its sales volume in the Chinese market * * *, and its products have sold well all over the world. In the course of ESG practice, Bosiden has made great achievements: MSCI's ESG rating remains A, CDP's climate change rating is B, which is * * * rated by the Chinese brand clothing industry, and more * * * has been selected into the Sustainable Development Yearbook (China Version) 2024 of S&P Global (SPGI).

At the signing ceremony of strategic cooperation, Gao Dekang, the founder of Bosiden and the board of directors and president of Bosiden International Holdings Co., Ltd., delivered an enthusiastic speech, expressing sincere thanks to * * * University and Professor He Guojun's team, and highly valuing the strategic significance of the cooperation between the two sides in the field of sustainable development. Gao Dekang said——

China's textile and clothing industry is an important participant, contributor and promoter of global green development. As an industry * * * brand, Bosiden actively fulfills the responsibility of demonstrating * * *, takes the dual carbon goal as the traction, incorporates the concept of sustainable development into the long-term development blueprint of the enterprise, speeds up the promotion of green and low-carbon transformation, * * * limits the negative impact on the environment and society in the whole life cycle of products, and extends the concept of sustainability to the value chain, Promote the whole fashion industry to create a sustainable and beautiful future.

On November 12, 2024, Bosiden actively responded to the call for global climate governance and released the "1+3+X" ESG at the "China Corner" of the 29th United Nations Climate Change Conference (COP29) and the first Yabuli Annual Conference on Sustainable Development, a global enterprise jointly building a green "Belt and Road" The strategic framework and governance framework have established the ESG strategic vision of "consumer oriented, * * * sustainable fashion", and set the carbon target of "achieving net zero emissions in operation by 2038". Bosiden is gradually integrating the concept of sustainable development into the whole process of enterprise operation and more * * * related parties to build the brand's sustainable fashion ability and open innovation ecology.

Professor He Guojun said at the signing ceremony that he was full of expectations for cooperation with Bosiden. As an outstanding scholar in the field of environment and development economics, Professor He Guojun and his team have made outstanding research achievements in circular economy and sustainable development. He firmly believes that by combining the advantages of education, science and technology, and talent convergence of * * * University, relying on its team's professional advantages, as well as Bosiden's advantages in industrial resources precipitation and innovation vitality, the two sides will be able to carry out long-term and in-depth cooperation to jointly promote the realization of sustainable development goals. At present, facing the global challenge of climate change, sustainable development has become a global consensus, and the practice of corporate environmental, social and corporate governance (ESG) has become an important engine for enterprises to enrich their connotation and enhance their value. The two sides will focus on enterprise low-carbon path planning, green low-carbon supply chain construction, green retail mode innovation and other cutting-edge topics to tackle key problems, which will not only help Bosiden build a more perfect sustainable development ecosystem, boost the rapid landing of Bosiden's "sustainable fashion" vision, but also inject strong momentum into in-depth research on industry related zero carbon scenarios, Drive green innovation in the industry to stride forward. At the signing ceremony, Gao Dekang also emphasized the importance of talent training. He said that Bosiden expected to strengthen collaboration with * * * University in terms of sustainable development talents, and jointly cultivate talents and youth forces for future * * * sustainable development and green economy through in-depth integration and linkage of industry and education. Bosiden will actively provide internships, employment and other opportunities for students of * * * University to jointly create sustainable talents with global vision and cutting-edge knowledge.

ESG can not only help Chinese brands improve their international image and competitiveness, but also an important way for Chinese enterprises to integrate into the global market. In recent years, Bosiden has continued to research, develop and promote the use of new environment-friendly fabrics, such as GORE-TEX, the century cloth used in the polar cold series products. This environment-friendly technology fabric is lightweight, thin and strong, with durable performance, and does not contain PFC (perchloride compounds). Through the combination of lighter material quality and new materials, it effectively reduces the carbon footprint. At the same time, the goal of energy conservation and emission reduction has been achieved by optimizing production processes, improving energy efficiency and other measures. In addition, Bosiden also actively participated in the joint action of the industry to deal with global climate change, collaborative innovation and energy governance. The company joined the United Nations Global Compact (UNGC) and the "Fashion Climate Innovation 30 ? 60 Carbon Neutralization Acceleration Plan" launched by the China Textile Industry Federation, and jointly released the report "Towards Net Zero Emissions: Research on the High Quality and Low Carbon Transformation Path of the Down Garment Industry" with the China Down Industry Association. And actively respond to the initiative of jointly building the "Belt and Road", extend the brand, business and sustainable fashion concept to many countries and regions along the "Belt and Road", and help jointly build the "Belt and Road" green development.

The strategic cooperation between Bosiden and * * * University has consolidated Bosiden's position in ESG innovation practice, and will also provide new ideas and references for the green transformation of the textile and clothing industry. The two sides will give full play to their respective advantages, jointly explore ESG innovation practices, promote the green transformation of the textile and clothing industry, and contribute Chinese wisdom and global responsibility to promoting the Chinese modernization of the harmonious coexistence of man and nature, and promoting the sustainable development of the world.