People experience a Seres 5 electric car during a media preview of the 100th Brussels Motor Show in Brussels, Belgium, Jan. 13, 2023. (Xinhua/Zheng Huansong)
BEIJING, May 23 (Xinhua) -- Chinese electric vehicle brand Seres released its first annual ESG (Environmental, Social, and Governance) report recently.
The report further explained the practice of Seres, as a scientific manufacturing enterprise with core business of new energy vehicle (NEV), in improving ESG management, such as emission reduction, innovative research and development (R&D), employee safety and well-being and company governance.
According to the report, Seres integrated green philosophy into its full life cycle of product, including design, production, logistics and recycling.
Seres said that it has adopted lightweight design and green battery to reduce energy consumption. The company has controlled the discharge of wastes and decreased noise pollution, with 100 percent of waste treatment and pollution prevention. Besides, it has also made efforts on logistics to reduce environmental pollution by promoting recycled packaging.
Responding to the trends of intelligence and digitalization in the NEV industry, Seres has continued to invest in the cutting-edge technologies R&D. In 2022, the company invested 3.106 billion yuan (about 440.6 million U.S. dollars) in R&D, boasting 3,000 core technology patents and more than 300 invention patents.
(Edited by Li Shimeng with Xinhua Silk Road, lishimeng@xinhua.org)
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