Chongqing Zhifei Biological Products Co., Ltd.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:95,309.59 tCO2e/year
Scope 1 Emissions:11,714.79 tCO2e/year
Scope 2 Emissions:83,594.80 tCO2e/year
Total Energy Consumption:2,587,461.73 GJ/year
Water Consumption:1,488,466.00 m3/year
Waste Generated:1,850.35 tons/year
Carbon Intensity:0.02 tCO2e/RMB 10,000 of output value
ESG Focus Areas
- Corporate Governance
- R&D and Innovation
- Product Quality and Safety
- Employee Occupational Health and Safety
- Community Development and Public Welfare
Environmental Achievements
- Improved water efficiency: Zhifei Longcom subsidiary achieved a 96.10% water reuse rate, while Zhifei Lvzhu subsidiary recovered approximately 75,000 tons of steam condensation water.
- Improved energy efficiency: Multi-effect column water distillers were applied in the injection water system, significantly improving industrial steam utilization.
Social Achievements
- Launched Employee Stock Ownership Plan for Common Wealth, benefiting 1,923 employees.
- Donated nearly RMB 70 million to 34 donation projects.
- Achieved 99.08% customer satisfaction.
Governance Achievements
- Established a comprehensive ESG management system with a clear structure and responsibilities.
- Completed the revision of the Articles of Association and 25 work systems.
- Implemented cash dividends every year since listing, with accumulated cash dividends reaching RMB 4.924 billion by the end of 2022.
Climate Goals & Targets
Environmental Challenges
- Acute extreme weather events (heavy rainfall, flooding) causing power failures and supply chain disruptions.
- Extreme weather (typhoons) damaging production equipment and facilities.
- Increasingly stringent compliance disclosure requirements on climate change and potential constraints on carbon emissions.
Mitigation Strategies
- Established emergency plans and conducted regular drills to protect employee safety.
- Performed technical transformation on equipment and applied energy-saving devices.
- Explored possibilities of energy saving and consumption reduction, prioritizing climate change mitigation and adaptation.
- Kept abreast of laws and regulations and reinforced tracking and supervision of GHG emissions.
Supply Chain Management
Responsible Procurement
- Supplier Management Rules
- Procurement Management Rules
- Material Classification and Grading Management Regulations
- Standard Operating Procedures for Supplier Audit
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (heavy rainfall, flooding, typhoons)
- Damage to equipment and facilities
- Supply chain disruptions
Transition Risks
- Stringent compliance disclosure requirements
- Policies constraining carbon emissions
Opportunities
- Addressing emerging health threats due to climate change
- Business growth opportunities in mitigation and adaptation efforts
Reporting Standards
Frameworks Used: GRI Standards, GB/T 36001-2015, Shenzhen Stock Exchange Guidelines
Certifications: ISO 9001:2015, GMP, ISO 14001, ISO 45001
Awards & Recognition
- 2022 Top 10 Most Socially Responsible Employers in China
- 2021 Caring Enterprise
- National May Day Labor Medal
- Golden Bull Social Responsibility Award