NEWLINK TECHNOLOGY INC. 新紐科技有限公司
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:80.7 tCO2e/year
Scope 1 Emissions:21.1 tCO2e/year
Scope 2 Emissions:59.6 tCO2e/year
Total Energy Consumption:102.6 MWh/year
Water Consumption:815 m3/year
Waste Generated:15.0 tons/year
ESG Focus Areas
- Environmental Protection
- Employee Well-being
- Supply Chain Management
- Information Security and Privacy
- Intellectual Property Protection
- Anti-Corruption
- Community Investment
Environmental Achievements
- Reduced greenhouse gas emissions per capita (Scope 1 and 2) to 0.1 Metric tons of CO2 equivalent/employee in 2022.
- Implemented waste separation in all operating areas.
- Achieved 100% compliance with hazardous waste disposal.
Social Achievements
- Organized various staff activities with over 720 employees participating.
- Provided free medical check-ups, personal accident insurance, communication allowance, and holiday care to employees.
- Offered various types of leave benefits (statutory holidays, annual leave, wedding leave, maternity leave, paternity leave).
- Achieved 100% anti-corruption training rate for employees and directors.
Governance Achievements
- Complied with the Corporate Governance Code.
- Established an ESG governance structure.
- Implemented the Board Diversity Policy.
Climate Goals & Targets
Medium-term Goals:
- Reduce electricity consumption per capita by 30% by 2030 (using 2020 as a baseline).
- Reduce gasoline consumption per capita by 25% by 2030 (using 2020 as a baseline).
- Reduce water use per capita by 25% by 2030 (using 2020 as a baseline).
Environmental Challenges
- Prolonged project implementation due to the COVID-19 pandemic, leading to increased costs and extended customer payment cycles.
- Credit risks from customers in industries with slowing digitization investment and extended payment cycles.
- High outstanding trade receivables and trade receivables turnover days.
Mitigation Strategies
- Strict control over outstanding trade receivables and minimizing credit risk exposure.
- Detailed policies covering reimbursement, cash, budget, and credit management.
- Refined fund management and detailed fund usage.
- Improved employee productivity through training and optimized staff allocation.
- Obtained bank facilities to supplement working capital.
Supply Chain Management
Supplier Audits: Strict audits of supplier background, qualifications, and past performance.
Responsible Procurement
- Compliance with national and local laws and regulations.
- Prioritization of energy-saving and environmentally friendly products.
Climate-Related Risks & Opportunities
Physical Risks
- Floods, heavy rainfall, extreme temperatures, droughts
Transition Risks
- Changing policies, laws, regulations, technological developments, market trends
Opportunities
- Reduced operating costs through energy and water conservation, waste reduction.
- Exploration of new markets and development of new products/services.
Reporting Standards
Frameworks Used: Appendix 27 of the Main Board Listing Rules
Certifications: ISO27001, ISO20000, CMMI5, ISO9001
Sustainable Products & Innovation
- Upgraded RPA product V5.0
- Asset Management and Development System (2022 Version)
- Hospital software products (Indicator Centre V2.0, Hospital Medical Quality Management and Safety Early Warning Comprehensive Platform V6.0, etc.)
- Financial Leasing Core System V1.0
- Air Cargo System
Awards & Recognition
- Best Small and Medium Cap Company (2022 Global Investment Trends Forum and 6th Golden Hong Kong Stock Awards Ceremony)
- 2022 Wise Artisan RPA Excellent Case
- Joint certification by Universal Hardware and Software Adaptation Certification Center
- Software Enterprise Certificate (China Software Industry Association and Beijing Software and Information Service Association)
- 2022 Digital Driving Force of the Year (Mr. Zhai Shuchun)
- 2022 Annual Product Innovation Award (Medical document data structuring and management platform)
- 2022 Beijing Software Core Competitiveness Enterprise (Scale Type)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:170.9 tCO2e/year
Scope 1 Emissions:28.2 tCO2e/year
Scope 2 Emissions:142.7 tCO2e/year
Total Energy Consumption:352.0 MWh/year
Water Consumption:1,376 m3/year
Waste Generated:68 tons/year
ESG Focus Areas
- Green Operations
- Valuing Human Resources
- Compliant Business Operations
- Community Investment
Environmental Achievements
- Implemented waste sorting and 100% compliant disposal of hazardous waste in all operating locations since 2021.
- Purchased green electricity for operations to reduce greenhouse gas emissions.
Social Achievements
- Awarded "2023 Responsible Excellent Enterprise" by the 6th Social Responsibility Conference.
- Employee wellbeing initiatives including free health checkups, personal accident insurance, communication allowance, business trip allowance, and holiday care.
Governance Achievements
- Established anti-fraud and anti-corruption reporting and complaint management methods.
- 100% employee and director anti-corruption and anti-fraud training rate.
Climate Goals & Targets
Medium-term Goals:
- Reduce per capita electricity consumption by 30% by 2030 (based on 2020 baseline).
- Reduce per capita gasoline consumption by 25% by 2030 (based on 2020 baseline).
- Reduce per capita water consumption by 25% by 2030 (based on 2020 baseline).
Environmental Challenges
- Slight increase in per capita water and energy consumption and greenhouse gas emissions due to the full resumption of normal office and vehicle use in 2023 after pandemic-related work-from-home arrangements in 2022.
- Significant increase in research and development expenses due to increased amortization of deferred development costs and increased amortization of newly identifiable intangible assets from the acquisition of subsidiary Dongruan Yuetong.
- Increase in accounts receivable balance over two years, leading to increased expected credit losses.
Mitigation Strategies
- Actively review and implement energy-saving, water-saving, emission reduction, and waste reduction measures to ensure environmental goals are achieved.
- Improve the turnover efficiency of accounts receivable to ensure the stable and healthy operation of the group and achieve profitability as soon as possible.
- Strengthen the collaborative development of subsidiaries, integrate internal and external resources, and expand business reach to achieve wider market penetration and stable expansion of national strategic layout.
Supply Chain Management
Supplier Audits: 26 suppliers audited annually
Responsible Procurement
- Compliance with relevant laws and regulations such as the "Procurement Management Measures of the Ministry of Commerce"
- Prioritizing energy-efficient and environmentally friendly products from equipment suppliers
- Ensuring suppliers comply with labor laws and regulations
Climate-Related Risks & Opportunities
Physical Risks
- Flooding and heavy rain
- Extreme temperatures and droughts
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Cost savings from improving energy and water efficiency
- New market opportunities from low-carbon transition and alternative technologies
Reporting Standards
Frameworks Used: HKEX Appendix 27 ESG Reporting Guide
Certifications: ISO27001, ISO20000, CMMI5, ISO9000, ISO9001
Sustainable Products & Innovation
- NewLink RPA robotic process automation application platform
- Customer value growth platform
- NewLink RPA-trust project submission management process automation
- Medical quality control and safety early warning platform
- Smart medical platform
- Smart medical management platform V4.0
- Traditional Chinese medicine outpatient electronic medical record system V1.0
- Hospital medical quality management and safety early warning comprehensive platform V6.5
- AI-based structured medical record quality comprehensive management platform V5.5
- Medical document AI structured platform V5.5
Awards & Recognition
- 2022 Excellent Outsourcing Service Provider
- Beijing Municipal Credit AAA-level Enterprise
- Deputy Editor Unit of "Medical Quality Informatization Construction Standard"
- Excellent Award of 2023 Beijing Selection of the 6th "Jinggang Youth Innovation Cup"
- ZGC High-tech Enterprise
- Vice Chairman Unit of the Hospital Quality Management and Informatization Construction Branch of the National Health Industry Enterprise Management Association
- 2023 Digital Finance Innovation Pioneer List - Digital Marketing Silver Award
- 2023 Process Value Award of the 3rd China RPA+AI Developer Competition
- 2023 Digital Innovation Leading Award
- 2023 Digital Transformation Driving Force Figure
- Excellent Award of the Industry Supply Chain Finance Track of the 1st Digital Finance Innovation Competition
- 2023 Annual Industry Influence Award
- Ona Award - 2023 Annual Responsible Excellent Enterprise
- 2023 Typical Cases of China's Medical Artificial Intelligence Practice - Voice and Semantic Category
- 2023 Beijing Software Core Competitiveness Enterprise (Technology R&D Type)
- 2023 Annual Beijing Enterprise Innovation Credit Leading Enterprise