ZHEJIANG NHU CO., LTD.
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduces the proportion of purchased steam by using scraps and other wastes to produce steam by itself; improves the energy recovery efficiency through the steam boiler waste heat recovery project; adopts carbon dioxide emissions per 10,000 yuan of output value as the significant indicator of processing route of new products and environmental feasibility assessment, applies green technology in the research and development of new products, and improves atomic efficiency, so as to reduce carbon dioxide emissions from raw material consumption at source.
Social Achievements
- Please refer to the announcement disclosed on on April 15, 2022 for the full text of the “Social Responsibility Report of 2021”.
Governance Achievements
- Further improved its corporate governance structure and internal control system, strengthened its information disclosure management, actively carried out investor relations management and constantly promoted its corporate governance in strict accordance with the “Company Law of the People’s Republic of China”, the “Securities Law of the People’s Republic of China” and relevant laws, regulations and regulatory documents of CSRC and the Shenzhen Stock Exchange.
Climate Goals & Targets
Environmental Challenges
- Rising cost and limited procurement channels of basic chemical raw materials due to the “double carbon target and dual control system”, challenges in project approval and power supply.
Mitigation Strategies
- Ensure the supply of raw materials and inventory reserves by developing more qualified suppliers and choosing more green and sustainable products as raw materials; insist on technological transformation and equipment innovation, strengthen end-of-line management, to achieve energy conservation and emission reductions.