Acotec Scientific Holdings Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1,723.31 tCO2e (Scope 2)
Scope 1 Emissions:0 tCO2e
Scope 2 Emissions:1,723.31 tCO2e
Total Energy Consumption:2,966,105 kWh
Water Consumption:22,103 m3
Waste Generated:23.3 tons (hazardous); 38 tons (non-hazardous)
Carbon Intensity:36.37 kgCO2-e/10 thousand RMB of revenue
ESG Focus Areas
- Product quality management
- R&D innovation
- Intellectual property management
- Employee health and safety
- Environmental protection
- Corporate governance
Environmental Achievements
- Reduced hazardous waste generation by replacing alcohol with compressed air in product cleaning.
- Upgraded sterilizer technology to reduce wastewater discharge (to be completed in 2024).
- Met discharge standards for wastewater and atmospheric pollutants.
Social Achievements
- Organized 11 safety training sessions with over 600 participants, resulting in 2.5 million consecutive working hours without recordable injuries.
- Achieved 100% employee coverage in business ethics training.
- Maintained a 62.2% female workforce.
- Participated and supported more than 20 charity clinics.
Governance Achievements
- Established an ESG governance structure with clear responsibilities.
- Implemented a new OA system to improve internal operations and risk management, including fixed asset management.
- Board of Directors with over 50% female directors.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon peaking and carbon neutrality goals (3060 Target)
Environmental Challenges
- Product safety and quality risks
- Production safety risks
- Waste pollution and emissions risks
- Procurement integrity risks
- Climate-related risks (transitional and physical risks)
Mitigation Strategies
- Regular internal and external audits on the quality management system.
- Regular safety training and environmental monitoring.
- Improved hazardous waste management procedures and technology upgrades.
- Regular anti-fraud training and improved internal control procedures.
- Developed an “Emergency Response Plan against Extreme Weather Events”.
Supply Chain Management
Responsible Procurement
- Supplier Management Regulations
- Supplier evaluation and re-evaluation process
- Prioritizing environmentally friendly products
Climate-Related Risks & Opportunities
Physical Risks
- Rainstorms
- Wind disasters
- Cold waves
- Snowstorms
Transition Risks
- Policy and regulatory changes related to energy and emissions
- Technological risks
- Market risks
- Reputational risks
Reporting Standards
Frameworks Used: HKEX Environmental, Social and Governance Reporting Guide, GRI Standards, MSCI-ESG ratings
Certifications: ISO Class 7 Cleanroom certification
UN Sustainable Development Goals
- SDG 3
- SDG 8
- SDG 10
- SDG 11
- SDG 12
- SDG 13
- SDG 16
- SDG 17
The report highlights how Acotec's initiatives contribute to these goals.
Awards & Recognition
- Specialized, High-end, and Innovation-driven “Little Giants” (Beijing Acotec)
- First Prize in the 2022 Beijing Medical Science and Technology Awards (Beijing Acotec)
- Annual Medical Innovative Enterprise at TMTPost EDGE Awards 2023