Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Environmental Protection
• Greenhouse Gas Emissions Reduction
• Renewable Energy
• Social Responsibility
• Corporate Governance

Environmental Achievements

• Reduced Greenhouse Gas Emissions (GHG) in line with national goals for clean energy and carbon dioxide reduction.
• Reduced waste from production processes by implementing waste reduction measures and recycling initiatives.

Social Achievements

• Donations to underprivileged children and flood victims.
• Participation in community events.
• Employee wellbeing initiatives (details not specified).

Governance Achievements

• Established a Code of Best Practice for transparent and ethical business operations.
• Implemented strong internal controls and risk management systems.
• Established an anti-corruption policy.

Climate Goals & Targets

Environmental Challenges

• Fluctuations in raw material prices (especially fabric).
• Intense competition in the garment industry.
• Dependence on key raw material suppliers.
• Dependence on a limited number of outsourced manufacturers.
• Shortage of skilled labor.
• Impact of COVID-19 lockdowns.
• Fluctuations in foreign exchange rates.
• Dependence on a single major supplier for electric motorcycle components.
• Major shareholder influence on corporate governance.
• Dependence on key management personnel.
• Potential conflicts of interest.
• Environmental risks associated with production processes and outsourcing.
• Potential limitations for foreign investors in future rights offerings.

Mitigation Strategies

• Negotiating with suppliers to maintain prices or find alternative sources.
• Creating value-added products to differentiate from competitors.
• Diversifying suppliers and developing alternative sourcing strategies.
• Using outsourcing strategically to manage labor costs and maintain quality.
• Offering competitive compensation and benefits to attract and retain skilled labor.
• Developing contingency plans for future pandemics.
• Implementing hedging strategies to manage foreign exchange risk.
• Developing relationships with alternative component suppliers and exploring domestic production.
• Appointing independent directors to ensure balanced governance.
• Developing succession plans for key management personnel.
• Establishing clear conflict of interest policies and non-competitive agreements.
• Implementing environmental management practices and selecting environmentally responsible suppliers.
• Considering exemptions for foreign investors in future rights offerings.

Supply Chain Management

Responsible Procurement

• Selection of high-quality suppliers with ethical and environmental considerations.

Climate-Related Risks & Opportunities

Opportunities

• Growth in the electric vehicle market.

Sustainable Products & Innovation

• Electric motorcycles