Anton places significant emphasis on ESG management, considering it a vital component of the Company’s sustainable development strategy, having been advancing the ESG principles into its development strategy and daily operations. The Company continually enhances its ESG governance structure and establishes & improves its ESG management mechanism to ensure the effective implementation of all ESG issues. Besides, the Company prioritizes strengthening communication with stakeholders, deeply understanding their concerns, and actively responding to their expectations; this effort aims to harmonize economic benefits with environmental and social benefits.

 

In 2024, Anton was honored to be included in S&P’s Sustainability Yearbook (China Edition) 2024 based on its outstanding ESG practices and disclosure performance. This recognition not only acknowledges Anton’s significant achievements in promoting sustainable development, but also highlights its leading position in ESG management.

 

ESG Governance Structure

 

Anton has established a comprehensive ESG management system including the Board, ESG committee, ESG office, and ESG working groups of all business units. This structure creates a clear hierarchical management model, ensuring that ESG management is effectively integrated into the Company’s development strategy and daily operations.

 

The Board of the Company, as the highest decision-making body, is responsible for reviewing and approving the Company’s ESG-related objectives, strategies, and management policies; it also examines the annual material ESG issues and sustainability reports, and promotes the integration of ESG elements into the Company’s strategic decision-making and daily operations.

 

The ESG Committee, established under the Board, is primarily responsible for formulating ESG-related strategies, monitoring the performance of ESG actions, and assessing the fulfillment of objectives. Moreover, it keeps track of global ESG trends, providing professional advice to the Board.

 

The ESG Office, subordinate to the ESG Committee, is composed of various relevant departments. It is responsible for the concrete implementation of ESG plans, coordinating ESG efforts at the Company level, collecting and organizing ESG information from various business units, and reporting to higher levels. Anton's various business divisions, sales regions, and subsidiaries carry out specific ESG practices based on unified deployment by the headquarters. They regularly report their latest progress to ensure the effective implementation of ESG management at all levels.

 

 

Anton’s ESG Management under the Board

 

 

Stakeholder Communication

 

The Company values the expectations and demands of its stakeholders, identifying them as government/regulators, shareholders/investors, employees, media, suppliers/contractors, customers, and the community. We have established diverse communication channels and respond regularly to the key concerns of our stakeholders to address their expectations.

 

 

 

Identification of Material Issues

 

Considering domestic and international standards concerning sustainable development, industry development trends, capital market interests, and other relevant factors, and considering the Company's actual business development, Anton has identified and screened a list of ESG materiality issues for 2024. This process involved benchmarking and analysis of peer companies, expert assessments, questionnaire surveys of internal and external stakeholders, and on-site interviews. Based on this comprehensive approach, we disclose high materiality issues in this Report in a targeted manner to effectively address stakeholder concerns.

 

 

Anton ESG materiality issue matrix of 2024