2023 环境、社会及管治报告

1.Report Overview 1.1ABOUT THE ENVIRONMENTAL, SOCIAL ANDGOVERNANCE REPORT 1.1 ESGESG20231231 This report is the seventh annual environmental, social and governancereport (the “ESG Report”) released by China Metal ResourcesUtilization Limited (the “Company”), together with its subsidiaries(“CMRU”, collectively the “Group”). Adhering to the ESG reportingprinciples of materiality, quantitative, balance and consistency, thisreport provides a detailed account of the Group’s sustainabilityperformance, policies and strategies for the twelve months ended 31December 2023 (the “Reporting Period”). The Group is committed to maintaining the long-term sustainability of itsbusiness, as well as supporting environmental protection and thecommunities in which it operates. The Group provides customers withquality products and services and prudently manages its business inaccordance with well-established decision-making procedures. Throughconstructive communication, the Group strives to balance the viewsand interests of stakeholders to determine the long-term developmentdirection. The Board of Directors (the “Board”) is responsible forassessing and determining the environmental, social and governancerisks of the Group and ensuring that relevant risk management andinternal control systems are in place and functioning effectively. TheGroup has set up a working team (the “ESG Working Team”) thatmeets regularly to review and assess the performance of corporation onrelevant environmental, social and governance matters. ESG Reporting Principles Materiality: Regular stakeholder engagement and materialityassessments are conducted to identify material ESG matters andensure they are reflected in our reports. Quantitative: The data presented in this report has been carefullycollected. See Environmental and Social Performance Data for thecriteria and methodology used to calculate KPIs. Balance: Both positive and negative impacts of the business arepresented in a transparent manner. Consistency: Unless otherwise stated, disclosures, data collection andcalculation methods have been consistent over the years to allowcomparisons over time. ESG Scope of the ESG Report 2023ESG The Group is principally engaged in the manufacturing, sales andtrading of copper, aluminium and related products. The reporting scopeof 2023 ESG Report mainly covers the Group’s core businesssegments in the People’s Republic of China (the “PRC”), which includerecycled scrap copper manufacture, as well as the sales ofcommunication cables, power transmission and distribution cablesusing copper wire rods that the Group produce as the major rawmaterial. Preparation Basis and Reporting Standard ESGC2ESGESGESGESGESG The ESG Report has been prepared in accordance with theEnvironmental, Social and Governance Reporting Guide (the “ESGReporting Guide”) under the Appendix C2 to the Rules Governing theListing of Securities on HKEX and presented in details with tables forthe four environmental aspects and eight social aspects. The Board ofDirectors are responsible for conducting the oversight of ESG-relatedrisks and formulating management direction and strategy to ensureeffective risk control measures are adopted by the Group during theprocess. An internal ESG working team has been set up across theGroup to collect ESG data and compile the ESG Report. Feedback ESGhttp://cmru.com.cn/ The Group continues to work towards sustainable growth throughcommunicating and cooperating with its stakeholders. For otherinformation of the Group’s ESG work, please refer to the Group’swebsite (http://cmru.com.cn/). 1.2 1.2GOVERNANCE STRUCTURE The Board’s oversight of ESG matters The Board has a primary role in overseeing the Group’s ESG matters.In 2023, the Board, the management and the ESG Working Teamevaluated the impacts of ESG-related risks towards the operation andformulated ESG-related policies in dealing with relevant risks. Theoversight of the Board ensures that the management and the ESGWorking Team can have all the right tools and resources to oversee theESG matters. ESGESG To demonstrate the Group’s commitment to transparency andaccountability, the management and the ESG Working Team responsiblefor ESG matters review and evaluate the Group’s performance in respectof ESG matters and report to the Board regularly. ESG The Board’s ESG management approach and strategyfor material ESG-related matters To better understand the opinions and expectations of differentstakeholders on the ESG matters, materiality assessment is conductedannually. The Group ensures various platforms and channels ofcommunication are used to reach, listen and respond to its keystakeholders. Through comprehensive communication with thestakeholders, the Group can understand their expectations andconcerns. The feedbacks obtained allow the Group to make moreinformed decisions, and to better assess and manage the impacts ofthe business decisions. The Group has evaluated the materiality for each o