2020 was a challenging year as we faced a global health crisis on an unprecedented scale. Despite the uncertainties that followed in its wake, I am proud of our response and achievements as a Group. The health, safety and well-being of our employees has always been our top priority. As part of our ongoing efforts to combat COVID-19, we established an Epidemic Prevention Committee to prevent the spread of the virus within our factories, protect our employees and maintain our production and supply of products to customers under safe conditions. We ensure all our factories and sales offices across the globe abide by the rules and regulations of the local authorities, and our Chinese sites have also shipped masks to some of the overseas factories as additional support.
Against the backdrop of the pandemic, TPV managed to achieve impressively in 2020 business-wise, as well as fulfil our responsibilities towards building a better world such as committing to the UN Global Compact initiative in November and Science Based Targets in December. Besides reviewing current policies and developing new ones, we also reformed our ESG reporting standards to meet those set by GRI.
One of our highlights of the year was starting our very own CSR Foundation which we are proud to have helped Mercy Ships with their Hope and Healing initiatives for the forgotten poor. Besides enhancing their eLearning experience, we also aided in the set-up of their very first training centre in Guinea by supplying them with various products to equip them for success. In the future, we intend to expand and develop the foundation’s scope to cover more entities within the Group.
With our long-term goal to become a leading company in sustainability efforts, we approach 2021 with a renewed focus. In addition to preparing and implementing sustainability policies across all of our sites, we will also be making sustainability a foundation of our product designs, investing in new technology to develop less energy-consuming products and bringing together our suppliers to develop more environmentally friendly packaging.
In 2020, we have also embarked on the ‘intelligent’ road by taking the first steps towards implementing Industry 4.0 and smart factories to improve quality and productivity - we invited two renowned consultancies in intelligent manufacturing to guide us and develop a five-year plan for us in accordance with the unified frameworks and standards.
I am confident that the year ahead will bring us more exciting opportunities, and TPV’s purpose of ‘supporting the development of a clean, sustainable and inclusive global society’ has never been more pressing than it is today. We will continue our journey to create more positive corporate social values and build a responsible and sustainable future.