RLX Technology Releases 2023 ESG Report Showing Achievements

Business by 2FIRSTS.ai
Jul.10.2024
RLX Technology Releases 2023 ESG Report Showing Achievements
RLX Technology released its 2023 ESG report showcasing achievements in governance, product responsibility, marketing, and sustainable supply chain.

Recently, RELX (RLX Technology, NYSE: RLX) released its 2023 Environmental, Social, and Governance (ESG) report. The report showcases specific actions under the ESG framework, as well as the achievements in corporate governance, product responsibility, responsible marketing, sustainable supply chain, talent development, and other areas.

 

According to reports, RELX has released an ESG report for four consecutive years. This report reveals that as of April 2023, RELX's products have entered over 20,000 stores nationwide. With a cumulative investment of 800 million RMB in research and development, RELX has established 8 laboratory matrices, conducted 17 external collaborative research projects, and applied for nearly 900 patents globally. In the fiscal year 2022, RELX assisted regulatory authorities in combating counterfeit and shoddy behavior, initiating 35 anti-counterfeiting cases and successfully seizing 54,600 counterfeit and knockoff products.

 

According to the report, as of April 2023, the "Empty Bottle New Life" environmental recycling program has covered 297 cities nationwide. This project encourages users to recycle discarded empty bottles, and then uses co-processing technology in cement kilns to centrally process the recycled bottles into cement clinker. In addition, RELX has also put into use rural infrastructure supported in Enshi, Hubei and Wuzhong, Ningxia, assisting in rural revitalization.

 

It has been reported that in December 2023, the international authoritative index institution MSCI announced that RELX obtained an A rating in their ESG rating. In November 2023, in the ESG scoring results released by S&P Global, Yueli's score increased by 13% compared to 2022, ranking in the top 1% of Chinese companies.

 

Notice

1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.

2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.

3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.

Copyright

This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.

This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.