Climate Change Data

GCL System Integration Technology Co., Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:252,302.35 tCO2e (location-based); 250,177.45 tCO2e (market-based) + 14,408,778 tCO2e (Scope 3)
Scope 1 Emissions:1,309.95 tCO2e
Scope 2 Emissions:250,992.40 tCO2e (location-based); 248,867.51 tCO2e (market-based)
Scope 3 Emissions:14,408,778 tCO2e
Renewable Energy Share:8.69%
Total Energy Consumption:473,387,732 kWh
Water Consumption:1,647,653 Tonnes
Waste Generated:52,238.60 tons
Carbon Intensity:13.41 tCO2e/MW (market-based)

ESG Focus Areas

  • Climate Change
  • Water Stewardship
  • Energy Management
  • Emissions and Waste Management
  • Labor Rights Protection
  • Diversity, Equity and Inclusion
  • Employee Training and Development
  • Occupational Health and Safety
  • Community Contribution
  • Corporate Governance
  • Risk Management
  • Anti-bribery and Corruption
  • Responsible Supply Chain
  • Product Responsibility
  • Customer Service
  • Information Security and Privacy Protection
  • Biodiversity

Environmental Achievements

  • Hefei GCL SI, Funing GCL SI, and Xuzhou Xinyu factories all obtained the ISO 14001 Environmental Management System Certification.
  • Hefei GCL SI, Funing GCL SI factories obtained the ISO 50001 Energy Management System Certification.
  • Non-hazardous waste recycling rate of 99.93%
  • Reduction in production-based GHG emission intensity (market-based) to 13.41 tCO2e/MW
  • Reduction in production-based electricity consumption intensity to 25.38 MWh/MW
  • Consumption of 41,129 thousand kWh of renewable electricity
  • Hefei GCL SI PV power station project fully operational, with a total installed capacity of 28.41 MW and annual cumulative electricity generation of 29.18 million kWh (21.72% of total factory consumption).

Social Achievements

  • Funing GCL SI has been certified with the Social Accountability 8000 International Standard (SA8000).
  • Hefei GCL SI, Funing GCL SI, and Xuzhou Xinyu all obtained the ISO 45001 Occupational Health and Safety Management System Certification.
  • Increased number of female employees by 57.52% and minority employees by 58.
  • Average training hours per employee increased to 46.70 hours.
  • Total Recordable Incident Rate (TRIR) of 0.14
  • Employee satisfaction survey average score of 94.04%
  • Various employee care activities organized (e.g., cycling activity, birthday party, Lantern Festival celebration).

Governance Achievements

  • GCL SI joined the United Nations Global Compact (UNGC).
  • Established a three-tiered governance structure for sustainability.
  • Renamed the Strategy Committee to the “Strategy and Sustainability Committee”, responsible for overseeing the company's overall sustainability and climate strategy.
  • 100% coverage rate of anti-corruption training for directors and employees.
  • Completed 4 business ethics audit projects.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • By 2030, reduce absolute scope 1 and 2 GHG emissions 42% from the 2023 level.
  • By 2030, reduce scope 3 GHG emissions from productive raw materials 51.6% per MW of product produced from the 2023 level.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Significant increase in GHG emissions due to increased production capacity.
  • High water risk levels at some plants (Hefei GCL SI, Funing GCL SI, Xuzhou Xinyu).
  • Climate-related risks (physical risks like climate disasters and long-term climate change, transition risks like laws and regulations, technological changes, and market changes).
Mitigation Strategies
  • Implementation of various energy-saving measures (lighting optimization, air conditioning optimization, etc.).
  • Installation of additional factory-owned PV power plants.
  • Purchase of renewable-sourced electricity.
  • Replacement of raw materials with lower carbon footprint.
  • Supplier advocacy for SBTi targets.
  • Retrofitting condensate piping to reduce fresh water consumption.
  • Exploration of local alternative water sources.
  • Upgrading water-saving facilities and optimizing wastewater treatment and recycling systems.
  • Establishment of targeted environmental and climate risk prevention and control measures, as well as emergency management systems.
  • GHG emissions inventory conducted by a third-party agency.
  • Development of the Carbon Chain Module system for carbon chain management.

Supply Chain Management

Supplier Audits: 95 existing suppliers; 82 Level I suppliers; 77 suppliers with ISO 14001; 86 with ISO 9001; 74 with ISO 45001.

Responsible Procurement
  • Business Partner Code of Conduct
  • Supplier Management Procedures
  • Procurement Process Control Procedure
  • Anti-Commercial Bribery and Integrity Agreement
  • Declaration on Conflict-free Minerals

Climate-Related Risks & Opportunities

Physical Risks
  • Climate disasters (short-term)
  • Climate change (long-term)
Transition Risks
  • Laws and regulations (short-term)
  • Technological changes (medium-term)
  • Market changes (medium-term)
Opportunities
  • Development of energy-efficient products
  • Increase in renewable energy use

Reporting Standards

Frameworks Used: GRI Standards, UN SDGs, TCFD, SBTi

Certifications: ISO 14001, ISO 50001, ISO 45001, SA8000, IEC 61730:2023, IEC 62941

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Lotus module
  • Xinfuding BIPV module
  • Floating Solar Module
  • N-type TOPCon bifacial monocrystalline modules

Awards & Recognition

  • 2023 Wind ESG Rating A Grade
  • 17th (2023) Crystal Ball Awards Dual-carbon Pioneer of the Year
  • Most Socially Responsible (ESG) Listed Company
  • Taihu Lake Green Excellence Award Gold Award