Impro is Awarded “Excellent ESG Enterprise” For Third Consecutive Year - Impro Precision

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Impro is Awarded “Excellent ESG Enterprise” For Third Consecutive Year

October 31st, 2023

(Hong Kong, 31 October 2023) — Impro Precision Industries Limited (“Impro Precision” or the “Group”) (Stock Code: 1286), a world-leading manufacturer of high-precision, high-complexity and mission-critical components, is pleased to announce that the Group has been awarded “Excellent ESG Enterprise of 2022-2023” under the “Excellent ESG Recognition Scheme”, organised by the Hong Kong Economic Times. The Group has received this award for three consecutive years, which fully recognises its unwavering practice of sustainable development.

Mr. Lu Ruibo, Chairman and Chief Executive Officer of Impro Precision, said, “We are honoured that the Group’s efforts in ESG have once again been recognised by professional judges. In 2022, the Group continuously made major breakthroughs in ESG, especially in terms of environmental protection. The three indicators of greenhouse gas emissions, energy consumption, and water consumption intensity have all decreased significantly. We are confident of achieving the Group’s first emission reduction target in 2030, and look forward to achieving higher standards in the future by integrating the Group’s green development concept with the country’s “Dual Carbon” strategy. Impro Precision is at the forefront of a time where risks and opportunities coexist. With our proven top-down management structure, we have continued to formulate and review our sustainability strategy and management direction, and have also undertaken the mission of driving the common progress of society and moving towards a more sustainable future with various sectors.”

The Hong Kong Economic Times has organised the “Excellent ESG Recognition Scheme” for three consecutive years. The Scheme aims to acknowledge companies that are highly regarded for their outstanding performance and ability to make a positive impact in the field of ESG. The judging panel, comprising academia, ESG organisations, chambers of commerce, and industry representatives, rigorously reviews the ESG strategies and results of the participating companies, with a focus on innovativeness, uniqueness and sustainability, impact on society and industry, and the ability to promote the green economy among businesses.

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