Mily Bedding Sustainability

2024 Mily Sustainability Report

Executive Summary

As global challenges become increasingly severe, sustainable development has emerged as a widely recognized global trend. Governments worldwide are prioritizing sustainability, elevating it to the level of national strategy. Industry associations are also raising their requirements for corporate ESG (Environmental, Social, and Governance) non-financial disclosures, with many regions making these disclosures mandatory.

Research shows that companies with strong ESG performance are not only more resilient to risks but are also more likely to achieve long-term stable growth.

As a company specializing in the production of mattresses and mattress accessories, Mily Bedding actively implements sustainable development practices, integrating ESG principles into all aspects of its operations:

· Production Process Optimization: By upgrading technologies and increasing the use of modern machinery, we reduce dependence on physically intensive labor, enhance production efficiency, and minimize energy consumption.

· Employee Welfare Assurance: We prioritize the employment of female workers, offering them light-duty work positions, while ensuring fair wages and opportunities for career development.

· Sustainable Material Procurement: We prioritize environmentally compliant raw materials and strive for green supply chain management, practicing sustainability at the source.

· Eco-Friendly Product Upgrades: By incorporating more biodegradable materials, we reduce carbon emissions and the environmental impact of discarded products.

 

Company Overview

Established in 1994 and headquartered in Hangzhou, Zhejiang, China, Mily Bedding specializes in the production of high-quality mattresses and their accessories. Our products are exported to numerous countries worldwide. We remain committed to a customer-centric approach, providing healthy, comfortable, and environmentally friendly sleep solutions.

 

Sustainability Strategies and Practices

1. Eco-Friendly and Low-Carbon Production

· Adopting energy-efficient equipment and intelligent manufacturing processes to reduce energy consumption and carbon emissions.

· Establishing a waste classification and recycling system within the factory to promote resource utilization.

· Transitioning the sales department to paperless operations.

2. Responsible Material Selection

· Offering customers bio-based materials and renewable resources to reduce environmental impact from the source.

· Partnering with suppliers that meet environmental standards to ensure the sustainability of raw materials.

3. Social Responsibility and Employee Care

· Providing a healthy and safe working environment, ensuring employee welfare and career development.

· Strongly supporting female employment by offering flexible job arrangements to help balance work and family.

· Over 60% of the sales team consists of female employees.

4. Customer Value and Eco-Friendly Products

· Gradually increasing the use of biodegradable materials in mattresses while ensuring comfort and durability.

· Implementing product lifecycle management plans, including mattress recycling and waste disposal services.

· Offering consolidated shipping services to customers, reducing logistics costs and minimizing additional energy consumption caused by multiple shipments.

 

Future Goals

1. Achieve carbon neutrality across all production processes by 2026.

2. Increase the proportion of eco-friendly and recycled materials to 90% of total materials.

3. Launch a customer recycling program covering major export markets.

4. Enhance ESG disclosures to ensure transparency and credibility.

5. Expand the home goods supply chain, offering more household products to provide customers with one-stop solutions.

 

Contact Information

For more information about Mily Bedding's sustainable practices or to provide feedback on this report, please contact us:

Email: sustainable@milybedding.com

Website: www.milybedding.com

Address: Hangzhou, Zhejiang, China