Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Generated 2,790 million kWh of green electricity, equivalent to savings of about 873,000 tonnes of coal consumption and a reduction of approximately 2.38 million tonnes of CO2 emissions.
• Reduced approximately 4,100 tonnes of SO2 emissions and 4,100 tonnes of NOx emissions.

Social Achievements

• Solar poverty alleviation projects improved the lives of 18,163 poor families, increasing their annual average household income by RMB3,000.
• No work-related injuries or fatal incidents recorded.
• 1,224 employees participated in occupational health and safety training.

Governance Achievements

• Complied with the code provisions set out in the Corporate Governance Code and Corporate Governance Report contained in Appendix 14 of the Listing Rules.
• No reports of incidences of corruption, anti-competitive behaviour, antitrust and monopoly.

Climate Goals & Targets

Environmental Challenges

• Challenges in attracting and retaining talents in a competitive solar sector.

Mitigation Strategies

• Committed to ensuring a diversified and fair working environment, providing a wide range of training, and promoting occupational health and safety.

Supply Chain Management

Supplier Audits: Around 98% of suppliers had quality, environmental, and occupational health and safety certifications.

Responsible Procurement

• Supplier Management Implementation Rules established by Golden Concord Holdings Limited’s Tender Management Centre

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 Sustainability Reporting Guidelines (Core Option), SEHK ESG Reporting Guide, CASS Guide to the Preparation of Corporate Social Responsibility Reports

Sustainable Products & Innovation

• Smart solar tracker systems
• Smart cleansing systems
• Smart far-end monitoring
• Unattended operation
• Anti-reflective nano-coating

Awards & Recognition

• First place in 2016 China Top Photovoltaic Brands for Power Station Investment Brand
• 2016 Best Performer in Corporate Social Responsibility and Most Influential Solar Power Plant Operator Award
• The Best Integrated Solar Power Company Award 2016
• SNEC Technological Achievement Award
• Industrial Leader of the Solar Power Industry
• Dong Kou, Funning County 30MW project Terawatt Diamond Award
• Top Chinese Solar EPC Company in 2016
• Corporate Responsibility Award and Elite Power Plant Developers and Investors Award
• Top 100 Weixin Public Account for Energy Enterprises
• Weixin Public Account with the Strongest Growth Potential in the Energy Sector
• Top PV Solar Energy Solutions Provider Award 2016 and Top Solar Poverty Alleviation Project Award
• Excellent Brand Award
• China Energy Environmental Protection Innovative Enterprise Award
• Influential People Award of the China Energy Industry 2016 and Business Leader Award of the Global New Energy Industry 2016
• Best Contributor to Solar Poverty Alleviation and Top PV Investor

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Social Progress
• Governance

Environmental Achievements

• Generated 7 billion kWh of clean electricity, reducing annual CO2 emissions by 6.8 million tons and equivalent to planting 280,000 mu of trees.
• Issued China's first solar energy green bond.

Social Achievements

• Achieved approximately 1,170MW of solar poverty alleviation projects, benefiting approximately 38,000 impoverished households.
• Developed the "solar energy + agriculture" model, with 69 agricultural complementary solar power plants in operation.

Governance Achievements

• Maintained a 100% contract compliance rate.
• Established an effective supervision and management system and whistleblowing system to combat corruption.

Climate Goals & Targets

Environmental Challenges

• Changes in macroeconomic policies, interest rates, and new regulations.
• Data collection processes for some data were still missing.

Mitigation Strategies

• Developed logical plans to balance development and make breakthroughs through innovation.
• Continued to discuss logical and uniform data collection scope and methods, and transferred knowledge to relevant departments through training and sharing.

Supply Chain Management

Supplier Audits: 100% of suppliers obtained ISO 14001, ISO 9001 and OHSAS 18001 certifications.

Responsible Procurement

• Use of environmental-friendly, energy-saving and water-saving, safe and reliable raw materials certified by national authorities.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Guidelines for Chinese Corporate Social Responsibility Reports for Power Generation Businesses (Chinese Academy of Social Sciences), GRI Standards (Power Sector Disclosures), HKEX ESG Reporting Guide

Awards & Recognition

• Annual PV Investment Enterprise, 2017 Solar Energy Cup
• Annual Solar Poverty Alleviation Award, 2017 Solar Energy Cup
• 2017 China PV Power Plant Excellence Investment Enterprise Award
• The Top Single PV Investment EPC Brands, 2017
• The TOP 100 Leading China Renewable Energy Pioneer Enterprises 2017
• Global 500 New Energy Company Steady Growth Enterprise 2017
• Outstanding Model Innovation Award, China Corporate Social Responsibility Summit Forum
• APVIA Award Photovoltaic Application
• 2017 China PV Pioneer Award
• Outstanding Solar Poverty Alleviation Enterprise Award, 2017 "Week Cup"
• Agriculture Solar Technology 2nd Place (Agri-solar Platinum Award)
• Top Ten Clean Energy Demonstration Projects