ZhongDe Waste Technology AG
Climate Impact & Sustainability Data (2011)
Reporting Period: 2011
Environmental Metrics
ESG Focus Areas
- Environmental protection
- Renewable energy
Environmental Achievements
- Feicheng BOT project off-gas emissions met national and some EU standards (e.g., dioxin emission).
Social Achievements
- Professional training course for project and technology management, construction management, and operation management departments.
Governance Achievements
- Compliance statement issued in accordance with Section 161 of the German Stock Corporation Act.
Climate Goals & Targets
Long-term Goals:
- Achieve a 10% market share of the Chinese waste-to-energy market
Medium-term Goals:
- Further benefit from favorable economic environment for eco-friendly waste disposal and growing demand for waste-to-energy plants in China and Asia
Short-term Goals:
- Complete and put into operation one BOT project in 2012
Environmental Challenges
- Decreased order intake (80% lower than 2010)
- Slower than expected construction progress of EPC and BOT projects due to internal and external delays
- Decreased gross profit (44% lower than 2010)
- Increased interest expense (>100% higher than 2010)
- Limited internal risk management activities due to staff changes
Mitigation Strategies
- Focus on large waste-to-energy projects
- Secured additional bank loans for BOT projects
- Optimized standardization of BOT projects
- Negotiations with clients regarding price increases for delayed EPC projects
- Plans to strengthen internal risk management activities
Supply Chain Management
Responsible Procurement
- Close ties with suppliers of special components and materials
- Development of a supplier database
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: BDO AG Wirtschaftsprüfungsgesellschaft
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 11 (Sustainable cities and communities)
- Goal 13 (Climate action)
Waste-to-energy plants contribute to renewable energy generation, sustainable waste management, and reduced greenhouse gas emissions.
Sustainable Products & Innovation
- Grate furnace incineration technology
- 100 tons per day three forward grate furnaces technology
- 350 tons per day circulating fluidized bed semi-dry gas treatment technology