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Stock Code:603072
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Sustainable Development
Building a Sustainable Future

Joining Hands to Build a Sustainable Future

As an industry leader, Tianhe Magnetic Materials not only focuses on product quality and service excellence but also integrates sustainable development into its core corporate strategy. It proactively serves the national "dual carbon" goals and contributes to global green development efforts.

With the rising societal demands for corporate responsibility and the increasing prominence of sustainable development concepts, the company's management, after careful deliberation and in-depth research, clearly recognizes that all aspects covered by Environmental, Social, and Governance (ESG) factors play a crucial role in the company's stable operations and the long-term well-being of its stakeholders. Proactively practicing ESG principles is not only an inevitable choice to align with the trends of the times but also a core element for the company's long-term value creation and sustainable development.

In the process of identifying ESG issues, the company adopts a multi-dimensional approach. Internally, it conducts a comprehensive review of its development history, business operations, and past ESG practices to identify strengths and weaknesses, thereby solidifying its internal foundation. Externally, it conducts industry research to learn from the successful ESG practices of peers. Simultaneously, it places high importance on international reporting standards, such as the GRI and SASB guidelines, organizing teams for in-depth study to ensure its ESG practices align with international best practices, thereby enhancing its global reputation.

ESG Report Download

2024 Annual Environmental, Social, and Corporate Governance (ESG) Report

This report is the first ESG report of Baotou Tianhe Magnetic Technology Co., Ltd. It demonstrates the company's determination to adhere to sustainable development, as well as its firm belief and positive aspirations in assisting stakeholders and contributing to the global sustainable development goals.

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2023 Annual Environmental, Social, and Corporate Governance (ESG) Report

This report is the first ESG report of Baotou Tianhe Magnetic Technology Co., Ltd. It demonstrates the company's determination to adhere to sustainable development, as well as its firm belief and positive aspirations in assisting stakeholders and contributing to the global sustainable development goals.

Download report

Sustainable Development Goals

Environment Social Responsibility Governance

Environment

The company actively conserves energy and reduces emissions, strictly controls waste, complies with environmental regulations, develops eco-friendly products, promotes recycling, comprehensively reduces environmental impact, protects ecological habitats, ensures product safety, and demonstrates corporate environmental responsibility.

Social Responsibility

The company commits to complying with International Labour Organization conventions and domestic laws and regulations, upholds humanistic care, safeguards employee rights, covering areas such as anti-discrimination, safe production, fair employment, and career development support. Simultaneously, it focuses on innovation and quality, builds a sustainable supply chain, actively engages in public welfare initiatives, and demonstrates corporate responsibility.

Governance

The company continuously optimizes its governance structure, ensures the independent operation of the board of directors, and enhances decision-making quality and efficiency. At the same time, it strictly adheres to compliance requirements, strengthens risk management and control, actively discloses ESG information, and builds a bridge of trust with stakeholders.

Certification Certificates

AEO
AEO
IATF16949
IATF16949
ESG Report
ESG Report
ISO 14001:2015
ISO 14001:2015
ISO 14064-1-2018
ISO 14064-1-2018
ISO 14067-2018
ISO 14067-2018
ISO 45001-2018
ISO 45001-2018
ISO 50001-2018
ISO 50001-2018
TISAX
TISAX
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