RLX Technology Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1507.03 tCO2e
Scope 1 Emissions:51.45 tCO2e
Scope 2 Emissions:1007.63 tCO2e
Scope 3 Emissions:447.95 tCO2e
Total Energy Consumption:1806.56 MWh
Water Consumption:7008.12 tonnes
Waste Generated:87.81 tonnes (non-hazardous), 20.13 tonnes (hazardous)
ESG Focus Areas
- Corporate Governance
- Business Ethics
- Product Innovation and Harm Reduction
- Sustainable Supply Chain
- Addressing Climate Change
- Minor Protection
- Product Quality and Safety
- Human Rights
- Talent Development
- Community Support
- Environmental Protection
Environmental Achievements
- Completed two carbon footprint assessments for e-vapor products, validated by a third party.
- Established the first "net-zero" e-vapor retail shop powered by a certified wind energy project.
- Recycled over 6.5 tons of used rechargeable pods through the Pods Reborn Program.
- Reduced paper packaging by a significant amount (from 1061.9 tonnes to 165.4 tonnes).
Social Achievements
- Launched the RELX Care Community Service Program, investing RMB 44.3 million in corporate philanthropic programs.
- Maintained a customer satisfaction rate of 97.6% while serving over 260,000 users.
- Conducted responsible marketing training sessions for over 400 participants.
- Implemented comprehensive ESG requirements into supplier selection, performance evaluation, and elimination processes.
- No incidents of harassment or discrimination occurred within the company.
- Provided 5,825 total training hours for employees, averaging 10.5 hours per employee.
Governance Achievements
- Established an ESG Committee to oversee ESG strategies and initiatives.
- Developed and implemented several policies to regulate employee and business partner conduct (e.g., anti-corruption, anti-bribery, anti-insider trading).
- Conducted 19 business ethics training sessions for employees.
- Established integrity and compliance reporting channels, including a reward mechanism for whistleblowers.
- No major lawsuits related to corruption were involved in 2023.
Climate Goals & Targets
Long-term Goals:
- Carbon neutrality across the value chain (scope 1 + scope 2 + scope 3) by 2050
Medium-term Goals:
- Carbon neutrality for its own operation (scope 1 + scope 2) by 2033
Environmental Challenges
- Extreme weather events causing operational interruptions and damage to facilities.
- Transition risks from policy and legal changes, technology advancements, market shifts, and reputational concerns.
- Supply chain disruptions.
- Maintaining compliance with increasingly stringent regulations on energy consumption and GHG emissions.
Mitigation Strategies
- Developed disaster emergency plans and conducted drills.
- Strengthened communication with government and regulatory authorities.
- Invested in low-carbon technology and product R&D.
- Improved energy efficiency of operating assets and considered investing in renewable energy.
- Proactively communicated with stakeholders about climate action and GHG emission reduction efforts.
- Implemented the RELX Environmental Policy to guide green supply chain development and green manufacturing.
Supply Chain Management
Supplier Audits: More than 15 significant suppliers underwent internal ESG assessments; external audits conducted on nine suppliers.
Responsible Procurement
- RELX Code of Conduct for Business Partners
- ESG metrics incorporated into supplier assessments (labor standards, occupational health and safety, energy management, GHG emissions reduction, water management, EHS compliance, and business ethics).
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons, floods, droughts, cold waves, and heat waves
Transition Risks
- Policy and legal risks
- Technology risks
- Market risks
- Reputation risks
Reporting Standards
Frameworks Used: GRI Standards, SASB Standards, TCFD Recommendations, UN Sustainable Development Goals
Certifications: ISO 9001, GMP, ISO 45001, CNAS Accreditation
Third-party Assurance: TÜV Rheinland (limited assurance)
UN Sustainable Development Goals
- Goal 6
- Goal 7
- Goal 8
- Goal 9
- Goal 12
- Goal 13
- Goal 17
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- Zero-carbon products are a stated goal of the "Aim for Zero" initiative.
Awards & Recognition
- Shenzhen Baoan District Credit Compliance Demonstration Enterprise 2023
- Rated “A” in MSCI ESG Ratings
- Scored 51 in S&P Global Corporate Sustainability Assessment (Top 1% in China)
- Rated “Medium Risk” in Sustainalytics ESG rating
- Top 100 Quality Enterprises in Shenzhen