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Social Responsibility

The health and safety of employees is Sinochem HK's top priority in its daily operations, which is secured by incorporating the FORUS system into its management assessment system. Sustainable development drives corporate growth. To fulfill its corporate responsibility, Sinochem HK closely combines its development with the needs of employees, clients, shareholders, and society. While constantly promoting innovation and upgrading to strengthen its core businesses, Sinochem HK engages in social welfare activities to enhance high-quality and sustainable social and economic development.

Employee Health and Safety

  •  FORUS System

    FORUS System is the foundation of Sinochem Holdings’ HSE (Health, Safety and Environment) management system. As the offshore financing platform and a key overseas asset holding company of Sinochem Holdings, Sinochem HK implements Sinochem Holdings’ HSE leader strategy and FORUS system to develop in a healthy, safe, environmentally friendly, and sustainable way. FORUS stands for "for us", which means to ensure healthy and safe work conditions for employees, to provide customers with green and safe products and services, to bring benefits to shareholders, to create greater value for the society, and to achieve sustainable business development. FORUS also refers to the Fore Runner Strategy and the Fore Runner System. The Fore Runner Strategy sets the vision of "global HSE leader" and the goal of "zero loss" for Sinochem Holdings. The Fore Runner System aims to promote the continuous progress of HSE management and to create a beautiful world of harmonious coexistence.

  •  Incorporates employee health and safety into the management appraisal system

    Sinochem HK incorporates employee health and safety into the management appraisal system through the FORUS system. Sinochem HK’s General Manager signs an HSE responsibility statement with Sinochem Holdings every year and incorporates the health and safety performance into Sinochem HK’s annual performance appraisal. The HSE performance appraisal accounts for 20% and is linked to the management’s remuneration. This practice aims to ensure the HSE management in place and fulfil the health, safety, and environmental protection responsibilities.

  •  Key elements of Sinochem HK’s HSE performance appraisal:
     FORUS system promotion
     HSE leadership performance and diligence
     Work safety (management and control/prevention/learning from accidents/system implementation)
     Compliance for environmental protection, energy conservation, and low carbon
     Occupational health training and promotion
     Emergency response enhancement (fire/security)
     HSE digitalization (system use)
     Sinochem HK oversees its operating subsidiary, China Jinmao, for the ISO 45001 occupational health and safety management system certification. In 2022, all of China Jinmao’s subsidiaries received HSE 3-star certification, and four of them received work safety standardization certification. Four of its sites received national 3A certification, while 17 received provincial standardization certification.
     Sinochem HK and China Jinmao set goals for health and safety, including The Four Zeros target:
      Zero fatal work safety accidents
      Zero general or more serious environmental incidents
      Zero major negative public opinion on HSE
      Zero new cases of occupational diseases
     The Non-Zero target:
      The 200,000-hour total recordable incident rate (TRIR) decreases by 40% year-on-year (including all employees and contractors)
     Sinochem HK makes every effort to avoid work-related fatalities and has a record of “zero work-related fatalities” and “zero serious work-related injuries”. China Jinmao has maintained a record of zero work-related fatalities for three consecutive years.

     

    Sinochem HK

     

    Sinochem HK and China Jinmao

     

    Work-related injury case 

    0

    0

    Lost working hour due to work-related injuries 

    0

    0

  •  Contractor Health and Safety

    Sinochem HK fulfils investment management responsibilities and guides its operating subsidiary, China Jinmao, to continuously improve the safety management over contractors, joining forces to promote Sinochem Holdings’ essential safety. China Jinmao has established a sound HSE assessment and evaluation system for the contractor development business. In supplier bidding business activities, it conducts health, safety, and environmental due diligence on potential contractors and acquisitions, and rigorously review the contractor’s documents such as health and safety qualification certificates, commitments, and internal management policies, as well as its health and safety performance in the past three years. When entering into construction and service contracts with China Jinmao, contractors and other partners are required to sign a statement on health, safety, and environmental protection responsibilities. This document sets out health and safety requirements of the same standard as China Jinmao’s internal management and communicates to the contractors a health and safety policy that is consistent with that for China Jinmao’s employees. Additionally, China Jinmao conducts regular safety inspections and audits on contractors and sets HSE assessment criteria for them. It conducts quarterly full-coverage inspections of all project contractors. It also engages third-party agencies to conduct regular assessments and unannounced inspections to ensure that contractors implement health and safety management measures. In 2022, China Jinmao organised 272 third-party safety assessment inspections, covering 100% of its projects under construction.

     

    Sinochem HK

     

    Sinochem HK and China Jinmao

     

    Work-related death case

    0

    0

    Lost working day due to work-related injuries

    0

    30.50

  •   Occupational Health and Safety Training

    Sinochem HK regularly hosts HSE training on occupational disease prevention and control, occupational safety and labour insurance, and fire safety. In 2022, Sinochem HK’s occupational health and safety training hours per employee surpassed 13, and employees’ coverage rate for occupational health and safety training reached 100%.

    China Jinmao attaches great importance to work safety, provides systematic training on safety regulations and core elements of the safety management system for its employees and contractors’ work safety personnel. In 2022, China Jinmao’s training coverage rate was 100%, the investment in work safety training was RMB 9.04 million, and the number of training hours per employee was 92.7 hours. All these efforts have improved its safety management capabilities.

     

    Sinochem HK

     

    Sinochem HK and China Jinmao

     

    Training coverage

    100%

    100%

    Participation rate in the training on the FORUS system

    100%

    100%

    Awareness rate of the core values and management elements of the FORUS system

    100%

    100%

Community Engagement

Sinochem HK has always regarded itself as a member of the community and integrated its corporate development into the overall social development. With deep concern about its financing operations’ social, economic, and environmental impacts on neighbouring communities, Sinochem HK has developed and published the Sinochem HK Community Management Policy. It has improved its collaboration with the community in terms of community impact monitoring, assessment and mitigation, community communication, and community integration. Together, Sinochem HK and community members investigate the means of achieving sustainable community development.

Sinochem HK participates actively in social welfare and fulfils its corporate citizenship responsibility. It engages in volunteering activities and participate in social support programmes, such as COVID-19 prevention and control, to promote community development continuously. In addition, Sinochem HK encourages its employees and those at our wholly-owned subsidiaries to engage in volunteer services to pass on positive energy, foster community cohesion, and create a better future for the communities’ residents. In 2022, Sinochem HK and its operating subsidiary, China Jinmao, invested RMB 4.76 million in charity and a total of 20,268 hours in public welfare volunteer activities.