Luen Mei Quantum Co., Ltd.
Climate Impact & Sustainability Data (2019)
Reporting Period: 2019
Environmental Metrics
Total Energy Consumption:193674 MWh/year
Water Consumption:3314194 m3/year
ESG Focus Areas
- Corporate Governance
- Compliance
- Business Ethics
- Integrity
- Anti-corruption
- Risk Management
- Environmental Risk Management
- Water Resources Management
- Clean Energy Technological Innovation
- Waste Management
- GHG Emissions Management
- Air Pollution Control
- Workplace Safety
- Reliable Heating Service
- Quality of Service
- Employee Rights Protection
- Supplier/Contractor Management
- Fair and Transparent Procurement
- Tax Payment
- Social Welfare
- Occupational Health and Safety
- Employee Career Development
- Research and Innovation
- Community Development
Environmental Achievements
- Achieved a 100% clean heating rate and greatly reduced carbon and pollutant emissions.
- Adopted various pollution control technologies (low-nitrogen combustion, SNCR/SCR denitrification, electric/fabric bag filters, various desulfurization methods) to meet environmental standards.
- Implemented water recycling projects to improve water resource utilization efficiency.
- Reduced energy consumption through technological transformation and optimized boiler operation.
Social Achievements
- Served nearly 650,000 households and over 2,000,000 residents.
- Handled more than 50,000 customer inquiries and service requests.
- Provided occupational health examinations for all employees with exposure to occupational hazards.
- Organized various employee care activities (Women's Day events, psychological counseling, team-building activities).
- Implemented the “Quantum Star Talent Plan” and “Good Rep Student” programs for new graduates.
- Conducted five open competition activities for internal promotions.
Governance Achievements
- Revised Articles of Association and working rules for committees.
- Reviewed and passed policies on external guarantees, affiliated transactions, and material information reporting.
- Provided training sessions for board members on regulatory policy and information disclosure.
- Actively communicated with investors through meetings and site visits.
- Maintained a “no exception, full coverage, and zero tolerance” policy towards corruption with no incidents reported in 2019.
Climate Goals & Targets
Environmental Challenges
- Maintaining stable heating supply during extreme weather and the COVID-19 epidemic.
- Meeting customer demands for personalized heating settings.
- Reducing environmental impact of emissions and waste.
Mitigation Strategies
- Implemented emergency response mechanisms to ensure heating supply.
- Developed an intelligent household temperature control system.
- Adopted clean energy sources (biomass, natural gas), implemented pollution control technologies, and promoted water recycling.
Supply Chain Management
Supplier Audits: 22 supplier inspections in 2019
Responsible Procurement
- Strict supervision and whistleblowing system for procurement and bidding.
- Supplier registration system.
- Environmental, safety, and quality requirements for suppliers.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards
Sustainable Products & Innovation
- Intelligent household temperature control and meter device
- Self-cleaning heat pump
Awards & Recognition
- 2018 Award for Investor Relations Management
- 2018 Golden Bull Award for Board Secretary
- Top 100 Listed Companies in Value
- AAA-rated heating supplier (multiple subsidiaries)
- TOP100 energy-saving and environmental-friendly enterprise
- Award for Advertising Owner
- Award for Golden Partner
- Gold Award for Marketing Innovations
- Award for innovative marketing