Recently, Shaanxi Baogung Vacuum Electric Device Co., Ltd has officially approved its membership in the United Nations Global Compact (UNGC), marking a solid step forward in enhancing its international brand image and deepening its corporate social responsibility practices.
UNGC is affiliated with the United Nations Secretariat and is currently the largest and most influential international organization promoting corporate social responsibility and sustainable development, and was the first to propose the concept of ESG. This organization was founded in 2000 with the aim of guiding and supporting the global business community to promote the goals and values of the United Nations through responsible corporate behavior, jointly addressing various challenges in the globalization process, advancing the achievement of broader development goals, and accelerating the global sustainable development process. Currently, UNGC has over 20000 companies and other stakeholder participants from nearly 170 countries.
Baoguang's accession to the United Nations Global Compact fully demonstrates its commitment and actions in sustainable development. We will steadfastly pursue a green, low-carbon, environmental-friendly and healthy development path. Through continuous technological innovation, we will continue to implement the strategy of "carbon peak and carbon neutrality", promote high-quality development of the enterprise and further enhance the long-term investment value of Baoguang. This joining of the United Nations Global Compact signifies that Baoguang will use the Global Compact as an important foundation for its corporate strategy, culture, and daily operations, further implement ESG concepts, practice public responsibility and transparency principles, and be committed to participating in cooperation projects to promote the United Nations Sustainable Development Goals, working together with all parties to promote global sustainable development.