In an era where sustainability and ethical governance are becoming increasingly pivotal, Sinova Development Co., Ltd is proud to announce the formation of a dedicated new division-Eco Development, underscoring our commitment to ESG (Environmental, Social, and Governance) principles. As a leading enterprise specializing in the processing and export of natural bio-wax products such as beeswax, rice bran wax, soya wax, coconut,Rhus Verniciflua Peel Wax and wax customization, Sinova is poised to set new standards in sustainable and ethical business practices.

Understanding ESG: A new paradigm for sustainable development

ESG investment goes beyond traditional financial metrics, providing a comprehensive view of a company's sustainability and ethical impact. By evaluating businesses from environmental, social, and governance perspectives, ESG metrics offer a more holistic approach to assessing long-term growth and ethical responsibility.

1、Environmental: This dimension focuses on a company's impact on climate change, resource sustainability, and ecological footprint. For Sinova, this means adopting practices that minimize environmental harm and promote the use of renewable resources.

2、Social: Social metrics cover aspects like diversity, human rights, and community impact. Sinova is committed to fostering an inclusive workplace, respecting human rights, and contributing positively to the communities in which we operate.

3、Governance: Governance encompasses the internal structure and policies that govern a company, including management practices and executive compensation. Sinova strives for transparent, fair, and accountable governance that aligns with the best interests of all stakeholders.

Sinova Eco Development: A dedicated division for sustainable innovation

As Sinova continues to grow and play a significant role in global markets, the establishment of the Eco Development division marks a significant milestone in our journey towards sustainability. This division will spearhead initiatives aimed at enhancing our environmental stewardship, social responsibility, and governance frameworks.

Environmental Commitment

Sinova Eco Development will drive Sinova's efforts in reducing our carbon footprint and promoting sustainable production processes. By leveraging innovative technologies and sustainable raw materials, we aim to create products that are not only of the highest quality but also environmentally friendly. Our natural wax products, certified by COSMOS Natural, reflect our dedication to sustainable sourcing and production.

Social Responsibility

At Sinova, we recognize that our success is intertwined with the well-being of our employees, customers, and communities. Eco Development will focus on initiatives that promote diversity, equity, and inclusion within our workforce. We are committed to upholding human rights and ensuring that our operations contribute positively to society.

Governance Excellence

Strong governance is the backbone of a sustainable enterprise. Through Eco Development, we will enhance our corporate governance practices, ensuring that our decision-making processes are transparent and aligned with our ESG goals. This includes implementing fair compensation structures, fostering ethical leadership, and maintaining rigorous compliance with regulatory standards.

Vision for the Future

The creation of the Eco Development division is a testament to Sinova's unwavering commitment to ESG principles. By integrating environmental, social, and governance considerations into our business strategy, we are positioning ourselves as a leader in sustainable development within the natural wax industry.

Join us on our journey

We invite our customers, partners, and stakeholders to join us on this exciting journey. We can together make a meaningful impact on our planet and society, paving the way for a sustainable future.

At Sinova, we believe that sustainable growth is not just a goal but a responsibility. Through the Eco Development division, we are dedicated to building a better, more sustainable world for future generations. Thank you for your continued support as we embark on this transformative path.