The phrase "environmentally friendly" used to mean adhering to supplier codes of conduct, regulatory compliance, and ensuring that our business activities didn't harm the environment excessively.
In 2004, Hoyu was introduced to the concept of recycling PET fabrics, and since then, our idea of environmental friendliness has continuously evolved. Questions such as "How can we innovative technology to reduce the environmental impact of our products?" and "How can we improve our overall systems to reduce carbon emissions?" have been at the forefront of our minds.
The year 2020 brought a global pandemic that severely affected businesses worldwide, prompting many to reconsider their business models in these challenging times.
ESG has become a mandatory course in managing risks and enhancing competitiveness for companies. This made Hoyu realize something important - to make a business sustainable, we must consider its impact on the environment, society, and governance.