QPL International Holdings Limited
Climate Impact & Sustainability Data (2020, 2021-05 to 2022-04, 2022-05 to 2023-04, 2023-05 to 2024-04)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- anti-corruption
- supplier management
- product responsibility
Environmental Achievements
- Reduced greenhouse gas emissions by 1,517.49 tonnes compared to 2019 (16,079.01 tonnes in 2019 vs 14,561.52 tonnes in 2020).
- Reduced electricity consumption by 9% (19,121,254 kWh in 2019 vs 17,348,912 kWh in 2020).
- Reduced diesel consumption by 43% (30,704 liters in 2019 vs 17,477 liters in 2020).
Social Achievements
- Employee turnover rate at 0% (2019: 0.99%).
- 228 employees received 468 hours of training (2019: 493 employees, 1104 hours).
Governance Achievements
- No bribery or corruption cases reported.
- No intellectual property rights complaints received.
Climate Goals & Targets
Environmental Challenges
- Waste management
- Health and safety
Mitigation Strategies
- Investment in environmental pollution control systems and equipment (RMB 5.05 million in 2019 and RMB 3.8 million in 2020).
- Implementation of strict rules and measures for waste management.
- Continuous monitoring and management procedures for hazardous and non-hazardous wastes, gases, and emissions.
- Implementation of safety and health measures and training for employees.
- Group insurance offered to eligible employees.
Supply Chain Management
Supplier Audits: Strict assessments conducted on suppliers.
Responsible Procurement
- Compliance with laws, rules, and regulations.
- Consideration of market reputation and previous track records.
- Compliance with “QPL’s Conflict Metals Policy” and “EICC-GeSI Conflict-free Smelter Program”.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix 27 of the Rules Governing the Listing of Securities on Main Board of The Stock Exchange of Hong Kong Limited)
Certifications: ISO 14001:2015, IECQ-H LCIE 09.0016, IATF16949:2016, ISO9001:2015
Reporting Period: 2021-05 to 2022-04
Environmental Metrics
ESG Focus Areas
- Emissions
- Use of Resources
- Employment
- Health and Safety
- Training and Development
- Supply Chain Management
- Product Responsibility
- Anti-corruption
Environmental Achievements
- Achieved ISO14001:2015, IECQ-HLCIE 09.0016, IATF16949:2016, and ISO9001:2015 certifications.
- Invested RMB 6.4 million in environmental pollution control systems and equipment.
- No prosecutions for environmental violations during the reporting period.
Social Achievements
- Full compliance with PRC Labour Laws and Hong Kong Employment Ordinance.
- No material non-compliance with employment laws reported.
- Provided 1,072 hours of training to 350 employees (average 1.1 hours/employee).
Governance Achievements
- Established internal policies to prevent bribery and corruption.
- No cases of corruption, bribery, extortion, fraud, or money laundering reported.
- Implemented strict quality assurance procedures resulting in only 0.49% of sales returned due to defects.
Climate Goals & Targets
- 5% reduction of hazardous waste production intensity by 2032
Environmental Challenges
- Extreme weather events posing physical risks to business operations.
- Potential for increased compliance costs due to government policies (e.g., Power Rationing).
- Risks associated with transitioning to a low-carbon economy (technological transformation, increased operating costs).
Mitigation Strategies
- Exploring opportunities to use alternative energy or enhance energy efficiency.
- Developing emerging technologies for climate change mitigation.
- Investing in environmental pollution control systems and equipment.
Supply Chain Management
Responsible Procurement
- Material procurement management system
- Supplier management system
- Compliance with "QPL’s Conflict Metals Policy" and "EICC-Ge SI Conflict-free Smelter Program"
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (typhoons, storms, heavy rains, heatwaves)
Transition Risks
- Increased compliance costs due to government policies
- Technological transformation costs for climate change mitigation
- Increased operating costs from transitioning to a low-carbon economy
Opportunities
- Using alternative energy or enhancing energy efficiency
- Developing emerging technologies for climate change mitigation
Reporting Standards
Frameworks Used: ESG Reporting Guide (Appendix 27 of the Rules Governing the Listing of Securities on the Main Board of The Stock Exchange of Hong Kong Limited)
Certifications: ISO14001:2015, IECQ-HLCIE 09.0016, IATF16949:2016, ISO9001:2015
Reporting Period: 2022-05 to 2023-04
Environmental Metrics
ESG Focus Areas
- Emissions
- Waste management
- Health and safety
- Supply chain management
- Product quality
- Anti-corruption
Environmental Achievements
- Established a comprehensive environmental management system with periodic reviews and continuous improvements.
- Awarded ISO14001:2015, IECQ-HLCIE 09.0016, IATF16949:2016, and ISO9001:2015 certifications.
- Invested RMB 6.4 million in environmental pollution control systems and equipment.
Social Achievements
- Implemented a comprehensive human resources policy covering recruitment, dismissal, promotion, leave, holidays, and benefits.
- Provided 796 hours of training to 260 employees.
- Maintained zero work-related fatalities and no serious injuries for three years.
Governance Achievements
- Established an ESG Working Group to monitor and promote measures on various ESG issues.
- Implemented a whistle-blowing policy and procedures for reporting misconduct.
- Recorded zero corruption cases and no breach of anti-corruption laws.
Climate Goals & Targets
- Achieve a 2% reduction in intensity of scope 1 and 2 emissions by 2032.
- Achieve a 5% reduction of hazardous waste production intensity by 2032.
- Reduce water intensity by 2% by 2032.
- Reduce energy intensity by 2% by 2032.
Environmental Challenges
- Waste management and health and safety identified as major ESG risks.
- Potential damages to facilities and operational disruptions due to extreme weather events.
- Long-term challenges such as emerging ESG issues and climate-related risks and opportunities.
Mitigation Strategies
- Implemented strict rules and measures for waste management and continuous monitoring.
- Established contingency measures for weather-related events.
- Exploring opportunities to use alternative energy or enhance energy efficiency.
- Monitoring energy consumption and striving to cut down greenhouse gas emissions.
Supply Chain Management
Supplier Audits: 61 major suppliers subject to supplier engagement practice.
Responsible Procurement
- Strict assessments on suppliers considering cost, quality, compliance, reputation, and environmental/social responsibility.
- Green procurement policy implemented.
- Requesting suppliers to comply with “QPL’s Conflict Metals Policy” and “EICC-Ge SI Conflict-free Smelter Program”.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events causing damages to facilities and operational disruptions.
Transition Risks
- Increased compliance costs due to government policy actions.
- Technological transformation and increased operating costs due to low-carbon transition.
Opportunities
- Using alternative energy or enhancing energy efficiency in operations.
Reporting Standards
Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix 27 of the Rules Governing the Listing of Securities on the Main Board of The Stock Exchange of Hong Kong Limited)
Certifications: ISO 14001:2015, IECQ-HLCIE 09.0016, IATF16949:2016, ISO9001:2015
Reporting Period: 2023-05 to 2024-04
Environmental Metrics
ESG Focus Areas
- Emissions
- Use of Resources
- Employment
- Health and Safety
- Development and Training
- Supply Chain Management
- Product Responsibility
- Anti-Corruption
- Community Investment
Environmental Achievements
- Established a comprehensive environmental management system with stringent periodic reviews and continuous improvements.
- Achieved IECQ, CQC, and IATF16949 certifications.
- Invested RMB 6.3 million in environmental pollution control systems and equipment.
Social Achievements
- Complied with all employment laws and regulations.
- Provided group hospitalization insurance and outpatient medical plans to employees.
- Conducted 144 employee training sessions totaling 441 hours.
Governance Achievements
- Established an ESG Working Group to monitor and promote measures on various ESG issues.
- Implemented a whistle-blowing policy and procedures for reporting misconduct.
- Established internal policies to address bribery, conflict of interests, and intellectual property rights.
Climate Goals & Targets
- Achieve a 2% reduction in intensity of scope 1 and 2 emissions by 2032.
- Achieve a 5% reduction of hazardous waste production intensity by 2032.
- Reduce water intensity by 2% by 2032.
- Reduce energy intensity by 2% by 2032.
Environmental Challenges
- Waste management and health and safety identified as major ESG risks.
- Extreme weather events posing physical risks to business operations.
- Potential for increased compliance costs due to government policies on carbon emissions.
Mitigation Strategies
- Implemented strict rules and measures for waste management and continuous monitoring.
- Established contingency measures for weather-related events.
- Exploring opportunities to use alternative energy and enhance energy efficiency.
Supply Chain Management
Supplier Audits: 64 major suppliers subject to supplier engagement practice.
Responsible Procurement
- Strict assessments on suppliers considering cost, quality, compliance, reputation, and environmental/social responsibility.
- Green procurement policy implemented.
- Requesting suppliers to comply with “QPL’s Conflict Metals Policy” and “EICC-Ge SI Conflict-free Smelter Program”.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events causing damage to facilities and operational disruptions.
Transition Risks
- Increased compliance costs due to government policies on carbon emissions.
- Risks associated with technological transformation to a low-carbon system.
Opportunities
- Using alternative energy or enhancing energy efficiency in operations.
Reporting Standards
Frameworks Used: ESG Reporting Guide (Appendix C2 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited)
Certifications: IECQ Certificate of Conformity, CQC Environmental Management System Certificate, IATF16949:2016, ISO9001:2015