In the wave of global sustainable development, Chinese companies are demonstrating strong innovation and responsibility. On May 23, INTCO Medical won the “Golden Antelope Award” for ESG Innovation in 2024 at the “ESG and High-Quality Development Innovation Forum” held in Beijing for its outstanding performance in the field of environment, society and governance (ESG) Leading enterprise honors.

With the theme of “New Concepts, New Developments, and New Dynamics”, this forum attracts professionals from various fields. Based on the current economic changes and industry adjustments, it focuses on the cutting-edge development trends of ESG, and jointly discusses ESG practices under high-quality development, and continues to promote the improvement of ESG methodology.

As the world’s leading medical protective equipment service provider and disposable glove manufacturer, INTCO Medical has always regarded ESG development as an important part of its corporate strategy. In the latest “2023 Environmental, Social and Governance Report” released by INTCO Medical, the company has deeply rooted the sustainable development concept of “environmental protection, health, safety, energy saving, and lean” in every aspect of business operations.

Leading green and sustainable development

As a high-tech manufacturer of heavy-duty medical consumables, INTCO Medical continues to move forward on the road of green development. Through continuous improvement and innovation, the company continues to improve the efficiency of renewable energy use and reduce greenhouse gas emissions. In 2023, the carbon emissions and water consumption of our company’s main products such as nitrile gloves and vinyl gloves have dropped significantly, far below the market average, demonstrating its outstanding strength in green production.

At the same time, INTCO Medical attaches great importance to actively promote the investment and alternative applications of clean energy projects, adopts a variety of energy-saving and emission reduction measures, and gradually builds new momentum of green development suitable for our company.

Technological innovation drives development

INTCO Medical always adheres to technological innovation as its core driving force and continuously meets the diversified needs of the market. Starting from the glove business 30 years ago, to now covering a diversified product system such as medical consumables, rehabilitation equipment, physiotherapy care, etc., our company continues to make efforts in product research and development and iteration.

The 2023 ESG report shows that INTCO Medical’s total R&D expenditures in 2023 will reach 283million yuan, accounting for 4.10% of operating income. A number of new experimental equipment have been added to further enhance its comprehensive R&D capabilities. At the same time, the company also actively organizes R&D training to improve the overall level of the R&D team. Thanks to this, INTCO Medical successfully applied for 269 patents in 2023 and obtained a total of 240 patent authorizations.

INTCO Medical’s award is not only recognition of its past achievements in the ESG field, but also expectations for its future development. Our company will continue to adhere to the sustainable development concept of “environmental protection, health, safety, energy saving, and leanness”, use technological innovation as the engine, and take social responsibility as our responsibility, and contribute more to global sustainable development.