Climate Change Data

Xiamen InterTech Inc.

Climate Impact & Sustainability Data (2022/1/1-2022/12/31, 2023)

Reporting Period: 2022/1/1-2022/12/31

Environmental Metrics

Total Carbon Emissions:18918815.68 kg CO2-eq/year (Scope 1 & 2); 328751236.28 kg CO2-eq/year (Scope 3)
Scope 1 Emissions:5476000.00 kg CO2-eq/year
Scope 2 Emissions:13442815.68 kg CO2-eq/year
Scope 3 Emissions:328751236.28 kg CO2-eq/year
Total Energy Consumption:291,000 KWH/year (from photovoltaic power station)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Established the entire product lifecycle of green environmental monitoring to achieve green production, prevention-oriented.
  • Statistically monitored, controlled and managed Scope 1/2/3 emissions.
  • Achieved ISO14001 management system certification.
  • Introduced non-mineral oil ink (all vegetable ink) in packaging.
  • Upgraded all products in use paints & inks to meet VOCs limits by March 31, 2021.
  • Installed 1.9MW photovoltaic power station, generating 291,000 KWH of electricity per year.
  • Implemented air compressor waste heat recovery and utilization, saving electricity cost more than 100,000 RMB per year.

Social Achievements

  • Created a healthy and safe working environment for employees.
  • Provided employees with satisfactory pay and benefits.
  • Implemented love donation, marathon running, sports and year-end recognition ceremony.
  • Established a comprehensive welfare protection system, including basic social security, compensation commercial insurance, and long-term incentive plans.
  • Provided commuter shuttle bus for employees.
  • Organized regular sports meetings and sports days.
  • Established a safety team and emergency response team.

Governance Achievements

  • Established and implemented ISO27001 system and obtained ISO/IEC 27001:2013 certification.
  • Conducted Cyber Vadis information security audit.
  • Conducted penetration testing on critical applications.
  • Conducted annual information security event drills.
  • Established conflict Mineral Management Procedures and policies.
  • Established “Intretech -QI-111 Intretech Ecodesign Guidelines V1.0”

Climate Goals & Targets

Medium-term Goals:
  • Reduce absolute Scope 1 and Scope 2 GHG emissions 25% by 2030 from a 2020 base year.
  • Reduce absolute Scope 3 GHG emissions 13% by 2030 from a 2020 base year.
Short-term Goals:
  • Based on 2021, the scope 1 and scope 2 carbon emissions increase by less than or equal to 30% in 2022.

Environmental Challenges

  • Severe outbreak situations and a complex international environment.
  • High temperature in compressor room and environmental pollution by exhaust gas emission from air compressors.
  • Insufficient hot water supply in dormitories.
Mitigation Strategies
  • Deepened cooperation with key strategic customers and explored new markets.
  • Accelerated the process of internationalization layout.
  • Implemented water cooling for air compressors, recovering waste heat for bathing.
  • Increased waste heat recovery system, optimized electric control system and transformed pipeline for hot water supply.

Supply Chain Management

Supplier Audits: 21 new suppliers introduced in 2022; monthly, quarterly and annual performance evaluation on suppliers.

Responsible Procurement
  • Fair procurement and equal opportunity
  • Comprehensive optimization of technology, quality, service, supply, cost, environment, social responsibility and information security
  • Green Environmental Agreement
  • U-MSDS hazardous substances management system
  • X-RAY test analysis of incoming materials

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Global Reporting Initiative (GRI) Sustainability Reporting Standards, 2020

Certifications: ISO14001, ISO/IEC 27001:2013

Sustainable Products & Innovation

  • Lich & Riki (PCR-ABS≥85% recycled content)
  • Senna (optimized for longevity, reparability, and reuse)

Awards & Recognition

  • 2021 Municipal Most Beautiful Canteen (Xiamen City Federation of Trade Unions)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:1,295,406.22 tCO₂e/year
Scope 3 Emissions:1,295,406.22 tCO₂e/year
Total Energy Consumption:58,741.64 MWh/year

ESG Focus Areas

  • Climate Change
  • Diversity & Equality
  • Governance
  • Supply Chain Management
  • Social Responsibility

Environmental Achievements

  • Completed a carbon emissions inventory across various global branches and subsidiaries.
  • Reduced carbon emissions by 2,713.14 tons of CO₂e through renewable energy initiatives.
  • Achieved ISO 14001 environmental management system certification for 14 subsidiaries.
  • Increased total installed photovoltaic capacity to 2.36 MW.

Social Achievements

  • Launched the “Intretech Dream Cup” Youth Speech Contest.
  • Organised International Women's Day activities at multiple sites.
  • Implemented a long-term incentive mechanism benefiting 864 employees.
  • Achieved 100% human rights training coverage for all employees.

Governance Achievements

  • Established a robust governance structure with three committees.
  • Implemented a comprehensive risk management system.
  • Developed the “Integrity Management System” and the “Fraud Prevention Inspection Reporting System.”
  • Revised the Independent Director System.

Climate Goals & Targets

Long-term Goals:
  • Reach carbon neutrality by 2050
Medium-term Goals:
  • Achieve carbon peak within operational boundary by 2030

Environmental Challenges

  • Greenhouse gas emissions
  • Pollutant management
  • Resource management
  • Energy management
  • Supply chain disruptions
  • Raw material price fluctuations
  • Climate change risks
  • Labor relations risks
  • Compliance risks
  • Information security risks
  • Exchange rate fluctuation risks
  • Overseas investment risks
Mitigation Strategies
  • Set carbon reduction targets: 54.6% reduction in Scope 1 and 2 emissions and 61.07% reduction in Scope 3 emissions per 10,000 yuan of added value by 2033.
  • Accelerated rooftop solar panel projects.
  • Implemented comprehensive energy-saving and consumption-reduction measures.
  • Developed alternative sourcing strategies.
  • Established a three-tiered risk control and defence system.
  • Formulated a comprehensive risk management plan.
  • Implemented the “Risk and Opportunity Response Management Procedure.”
  • Improved labor management system.
  • Built an anti-corruption management system.
  • Upgraded the information security system.
  • Set up an exchange rate risk management team.
  • Strengthened internal control management of overseas subsidiaries.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Green Environmental Protection Agreement
  • Supplier Integrity Agreement
  • Confidentiality Agreement
  • Statement on Non-use of Conflict Minerals

Climate-Related Risks & Opportunities

Physical Risks
  • Climate change risks

Reporting Standards

Frameworks Used: GRI Standards, UN SDGs

Certifications: ISO 14001, ISO 45001, ISO 27001 (3 subsidiaries), IATF16949 (9 companies), AEO customs, BRC

Sustainable Products & Innovation

  • Products using PCR plastics, water-based paint, and PVC-free packaging