ANTA Group Among First to Sign Sustainable Business Initiative at Second United Nations SDG Summit
(Hong Kong SAR, Sep 18, 2023) — The Second United Nations Sustainable Development Goals (SDG) Summit is being held at the United Nations Headquarters in New York, USA, which is the highest-level UN summit in the field of sustainable development. As the leader of the Chinese sports apparel industry, ANTA Group, together with companies like Alibaba, Yili Group, Midea Group, and Ningde Era, jointly signed the Business in Action—Sustainable Industrial Development Commitments and submitted it to the United Nations for consideration. Simultaneously, ANTA Group's sustainable development case was selected for the SDG Good Practice Database.
The first 50 Chinese companies that signed the initiative are committed to high-quality development, the 2030 Agenda for Sustainable Development, and 10 sustainability principles. These include integrating SDGs into business strategies, daily operations, and organizational culture; encouraging the development, promotion, and dissemination of environmentally friendly technology and innovation; reducing greenhouse gas emissions and significantly increasing the share of renewable energy consumption; strengthening life-cycle management of chemicals and wastes; and eliminating inequality within the organization to promote inclusive development. This initiative was proposed by Action for Sustainable Businesses in China, which invited representatives from Chinese businesses to sign the initiative in support of the United Nations 2030 Agenda for Sustainable Development and showcased the Chinese business community's commitment to international responsibility.
Three Core Objectives and One High Standard
Meanwhile, ANTA Group Executive Director and Co-CEO Wu Yonghua attended the official thematic side event Innovation for Industrial Sustainability 2023, sharing ANTA Group's strategy, achievements, and insights for ESG. In the panel discussion of the themed forum ‘Businesses Respond to Triple Planetary Crisis’, Wu Yonghua noted that sustainable development strategy is one of ANTA Group's core strategies. The Group has a clear strategic goal of achieving carbon neutrality by 2050 and is promoting the implementation of the "1+3+5" sustainable development roadmap within the organization. ANTA Group's sustainable development practice is carried out around "3 cores" and "1 high": "3 cores" refers to the objectives of developing low-carbon products, building a green supply chain and conserving biodiversity, as well as social responsibility; "1 high" refers to promoting sustainable development through joining international organizations such as the United Nations Global Compact and supporting their sustainable development initiatives.
ANTA Group has established a complete ESG strategic implementation system. The Board of Directors has created a Sustainable Development Committee, which formulates ESG strategies, goals, and bodies; mobilizes resources; monitors performance, and fosters culture, forming a closed loop for ESG management. From 2015 to 2022, ANTA Group achieved a revenue growth of nearly 400% while reducing greenhouse gas emissions intensity by over 40% per RMB100 million of revenue and reducing water use by 22%. Additionally, the Group's self-operated factories have completely phased out coal use and are transitioning towards clean energy at full speed. According to Standard & Poor's Global Corporate Sustainability Assessment (CSA), ANTA Group's score is higher than 87% of 160 global companies in textiles, clothing, and luxury businesses.
Three Measures to Build a Green Supply Chain
While reducing its environmental footprint, ANTA Group is also comprehensively upgrading its green supply chain management system, working with core suppliers to manage carbon emissions and promote clean and renewable energy. Wu Yonghua said, "Driving our suppliers to practice sustainable development is the top priority in our work. We will build an environmentally-friendly, healthy, safe, and efficient supply chain through three measures: improving admission standards, carrying out ESG audits and empowering suppliers."
He revealed that since 2022, ANTA Group has organized over 60 ESG-related training sessions and workshops, empowering over 90% of its suppliers to improve their social responsibility and environmental data management capabilities. In addition, 50% of the Group's strategic suppliers have adopted clean energy from photovoltaic panels.
Wu Yonghua said, "Sustainable development is crucial for human survival and development. We need to look at the present from the future perspective. All global companies can become not only leaders in the market but also make greater contribution to humanity through sustainable development. ANTA Group has a consumer base of over 200 million people globally. We believe that as long as we persist, we will achieve the goal of carbon neutrality by 2050, making our planet greener, more beautiful, and better."
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ANTA was established in China in the 1990s. As a leading sports brand in China, ANTA has always been committed to providing consumers with functional, professional and technology-driven sports products across a diverse range of sporting categories, from popular sports such as running, cross-fit, basketball, and others, to professional and niche sports.
ANTA has been deeply involved in the basketball industry for years. With a rich product lineup, ANTA is able to provide basketball enthusiasts with professional and reliable basketball equipment.
In addition, ANTA possesses a star-studded spokesperson lineup including all-star players such as Klay Thompson, Gordon Hayward, and promising young talents such as Kevon Looney, Terance Mann, Daniel Gafford, Precious Achiuwa, Hamidou Diallo.
Meanwhile, ANTA has been holding its grassroots basketball event "要疯" for 7 consecutive years in over a hundred cities, successfully conveying the brand’s concept of "The Love for Basketball is Equally Shared" through a series of matches, events, and merchandise. Together with ANTA, basketball enthusiasts in China will witness the power of grassroots movement in basketball.
About ANTA Sports
ANTA was established in 1991, while ANTA Sports Products Limited, a widely recognized global sportswear company, was listed on the Main Board of HKEX in 2007 (Stock code: 2020.HK). For many years, ANTA Sports has been principally engaging in the design, R&D, manufacturing, marketing and sales of professional sports products including shoes, apparel and accessories to Chinese consumers. By embracing an all-round brand portfolio including ANTA, FILA, DESCENTE and KOLON SPORT, and by setting up an investor consortium to successfully acquire Amer Sports in 2019, a global sportswear group that has internationally recognized brands including Arc'teryx, Salomon, Wilson, Peak Performance, and Atomic, amongst others. ANTA Sports aims to unlock the potential of both the mass and high-end sportswear markets.
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For further information, please contact:
ANTA Sports Products Limited
Investor Relations Department
Tel: (852) 2116 1660
Fax: (852) 2116 1590
Citigate Dewe Rogerson
Linda Pui / Jobie Cheung
Tel: (852) 3103 0118 / (852) 3103 0107