On November 26, 2023, the China Flavors, Flavors and Cosmetics Industry Association 2023 Fragrance Industry Sustainable Development (ESG) Forum was held in Jinan, Shandong Province, and released the 2023 ESG excellent practice cases, the "National Green Factory" case declared by Frog Prince , selected as "2023 Excellent ESG Cases of Flavors, Fragrances and Cosmetics Companies".
In order to guide more fragrance, fragrance and cosmetics companies to deeply implement the ESG concept, promote the transformation of ESG concepts into actions, and explore the innovative ESG practices of enterprises, the China Fragrance, Flavor and Cosmetics Industry Association and its ESG Special Committee launched the "2023 "Corporate ESG Excellent Case Collection" activity. Through case selection, expert review, field research, etc., typical cases that are innovative, representative and popular are selected. This successful selection into the "2023 Excellent ESG Cases of Flavors, Fragrances and Cosmetics Companies" marks that Frog Prince Group has been recognized by many parties for its adherence to the sustainable development strategy and active social responsibility.
Over the years, as a well-known brand enterprise in China's children's daily care industry and an enterprise that won the "China Women and Children's Charity Award", Frog Prince Group has made active explorations in environmental protection, social welfare and corporate governance around ESG. In 2022, Frog Prince Group will continue to work around the ESG management model with the three pillars of "green and low-carbon ecology", "shared and win-win social value" and "better corporate governance", laying a solid foundation for ESG management and continuously Reduce the carbon footprint of products and release the "2022 Frog Prince Group ESG Long-term Sustainable Development Strategy Report" covering environmental, social and corporate governance responsibilities. From 2022 to 2023, Frog Prince Group has won honorary titles such as "Fujian Green Factory" and "National Green Factory".
ESG is constantly developing Chinese connotations, and Frog Prince Group is also striving to improve the green level of its supply chain and steadily promote low-carbon transformation. Frog Prince Group firmly believes that the destiny of the enterprise is closely related to the destiny of the earth and mankind. Enterprises not only shoulder the major responsibility of protecting the environment and caring for society, but they should also help solve the complex challenges facing the world and contribute to global sustainable development. Frog Prince Group integrates ESG management into the company's strategy and all aspects of daily work, and continues to improve ESG management. It releases the group's ESG long-term sustainable development strategy report every two years to prevent and control business risks and help the company's foundation to last.
In the future, Frog Prince Group will also adhere to the sustainable development strategy, adhere to the green, low-carbon, and energy-saving development path, work with the entire value chain to create a green and low-carbon ecology, and provide consumers with safer, healthier, and green high-quality products. and services, and actively assume corporate social responsibilities with the power of national brands to jointly create shared and win-win social value.