Climate Change Data

Environmental Metrics

ESG Focus Areas

• Honest Governance
• Immaculate Quality
• Green Planet
• Harmonious Life

Environmental Achievements

• Huizhou Highpower and Shenzhen Highpower obtained the national "Green Factory" certification.
• Five subsidiaries obtained ISO 14001 environmental management system certification.
• Huizhou Highpower completed a 1.93 MWh distributed photovoltaic power generation project.
• Guangdong Highpower introduced air compressor waste heat recovery technology, achieving 29.01% energy savings.
• Guangdong Highpower applied air source heat pump technology.
• Huizhou Highpower optimized its central air conditioning system, saving 6.48 million KWH annually.
• NMP air emission recovery rate increased to over 95% in Huizhou Highpower.
• Guangdong Highpower installed NMP condensation recovery units, increasing NMP recovery efficiency to 96%.
• 100% production wastewater treatment compliance rate.
• Guangdong Highpower developed a wastewater reuse process, achieving 100% reuse.
• Huizhou Highpower recycled 60% of production wastewater.

Social Achievements

• Achieved 100% occupational health and safety objective achievement rate.
• Zero major information security incidents.
• Zero product safety incidents.
• Zero major environmental accidents.
• External factory partners received 1,741 hours of safety training.
• UFIDA 2023 China Human Resources Venus Prize-2023 Digital Intelligence Recruitment Innovation Practice Award Winner.
• Liepin Zhongnan District 2023 Outstanding Talent Partner Award Winner.
• Zhilian Recruitment 2023 China Annual Preferred Employer Award Winner.

Governance Achievements

• Implemented compliant corporate governance.
• Established a three-lines-of-defense risk management system.
• Formulated HighPower Technology Anti-Fraud Policy.
• Established a sound whistle-blowing management mechanism.
• Four subsidiaries obtained ISO 27001 certification.
• No significant risks identified in the audit.
• No major information security incidents.
• No major intellectual property infringement incidents.

Climate Goals & Targets

Environmental Challenges

• Complex and changeable economic environment.
• Fierce market competition.
• Potential risks related to climate change (typhoons, rainstorms, lightning).

Mitigation Strategies

• Deepened organizational change and capacity building.
• Improved investment and layout in R&D.
• Focused on product innovation and user experience.
• Actively carried out opening up and cooperation.
• Formulated Disaster Prevention and Recovery Operation Management Procedure and emergency plans.
• Carried out regular safety inspections and emergency drills.

Supply Chain Management

Supplier Audits: 40 key suppliers underwent sustainability risk assessments; 37 suppliers were investigated for conflict minerals.

Responsible Procurement

• Supplier Management Regulations
• Fundamental Guidelines for Cooperation with Suppliers
• Supplier Entry Management Process
• Supplier Performance Management Process
• Non-Usage of Conflict Minerals Commitment

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons
• Rainstorms
• Heavy lightning

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products
• Increased use of renewable energy

Reporting Standards

Frameworks Used: GRI Standards, UN SDGs

Certifications: ISO 14001, ISO 27001, ISO 45001, GB/T 29490

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Initiatives contribute to these goals through energy efficiency improvements, renewable energy adoption, waste reduction, and emission reduction efforts.

Sustainable Products & Innovation

• High energy density batteries
• Safe batteries
• Quick charging batteries
• Wearable silicon anode batteries
• Ultra-high power batteries
• T-BOX wide temperature standby power batteries
• Nickel zinc batteries
• Sodium ion batteries
• Large energy storage products
• Portable energy storage products
• Household energy storage products
• Replaceable batteries
• Solar skylight high temperature batteries

Awards & Recognition

• National "Green Factory" certification (Huizhou Highpower and Shenzhen Highpower)
• Winner in the field of "energy storage and management" in the "Future Positive Challenge" competition (Logitech International)

Environmental Metrics

ESG Focus Areas

• Environmental

Environmental Achievements

• ISO 14001 certified environmental management system
• Full life cycle carbon footprint accounting of its products (certified by a third-party organization)
• Implementation of various energy-saving measures, including equipment optimization and energy management systems
• Active exploration and expansion of renewable energy sources, such as photovoltaic energy
• Ongoing emission reduction efforts, including recycling and reutilization of exhaust gases and regular third-party monitoring
• Waste management efforts aimed at reducing or avoiding hazardous waste, including categorized collection of solid waste and collaboration with partners for waste battery material recovery

Climate Goals & Targets

Environmental Challenges

• Climate change risks (typhoons, floods, etc.)

Mitigation Strategies

• Development of targeted contingency plans for climate-related hazards
• Continuous enhancement of climate change risk management strategies

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons
• Floods

Sustainable Products & Innovation

• Energy storage batteries