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Shenhua Group, as a key energy enterprise under the central government, undertakes the heavy task of securing energy supply for building a well-off and harmonious society. Over the years, Shenhua has been insisting on the corporate social responsibility concept of energy supply, scientific development, and realizing harmonious and win-win development. The Group balances the interests of the state, customers, shareholders and employees, abides by the laws, morality, and business ethics, willingly takes the responsibility for the stakeholders and the natural environment during the entire course of operation, and pursues the maximized comprehensive value of economy, society, and environment. The Group keeps concerned about the problems and challenges faced by the society, and puts forth efforts to do a good job in safe production, energy-saving & emission reduction, scientific & technological innovation, integral operation and other aspects, while taking initiative to support national economic construction and social development. The Group pays attention to the culture and education, shows consideration for vulnerable groups and actively participates in helping the poor, and conducts environmental protection and other social public affairs. Shenhua has achieved remarkable accomplishment in promoting the harmonious and the sustainable development for our society. In 2008, Shenhua Group produced 281.25 million tons of rough raw coal and sold 311.20 million tons of commercial coal. Its return ratio on the total coal assets and returns on equity outperformed the excellent level in its line. The Group’s main business profit margin was 46.56%, up by 2% on a year-on-year basis. The Group created a new record in safety performance by eliminating accidents of over 3 persons injured in the coal mines with the fatality rate of 0.018 per million tons of raw coal produced. The Group also got new achievements in energy-saving and emission reduction. Throughout the year, a total of 70 special items for energy-saving and emission reduction had been approved and RMB1.59 billion had been invested in major technique process and upgrading of equipment and technology. The average recovery rate of mining in the Group was gradually improved and had exceeded the national assessment standards, and pollutant emissions were both reduced. During the year, following the concept of “When disaster occurs, helps comes from all sides”, the Group gave strong supports to the people in the disaster stricken areas against icy snow and Sichuan earthquakes. Employees of Shenhua contributed funds totalling of RMB17.848 million and materials worth RMB 312 thousand. At the same time, Shenhua raised a fund of RMB3 million to help the needy employees of Baotou and Shenxin Coal Branch, reflecting the consideration and warmth from the CPC of the Group. Through implementation of the corporate social responsibility strategy, Shenhua Group hopes to become a large world-class energy enterprise so as to realize the sustainable and healthy development. |