Guangdong Great River Smarter Logistics Co., Ltd.

Climate Impact & Sustainability Data (2022-01 to 2022-12, 2023)

Reporting Period: 2022-01 to 2022-12

Environmental Metrics

Total Carbon Emissions:1,505,876.81 tCO2e/year

Scope 1 Emissions:129,399.61 tCO2e/year

Scope 2 Emissions:1,376,477.20 tCO2e/year

Carbon Intensity:0.0436 tCO2e/RMB 10,000

ESG Focus Areas

Climate Change
Environmental Management
Green Strategy
Social Responsibility
Corporate Governance
Supply Chain Management

Environmental Achievements

Three of Midea's plants were granted a carbon neutrality certificate (PAS 2060).
Recycled 1.036 million units of used home appliances.
Launched low-carbon refrigerators using low-carbon footprint polyurethane.
Released the world's first EPD for air conditioning products.
Reduced GHG emissions (Scopes 1 and 2) to 1,505,876.81 tCO2e.
Increased PV power generation capacity to 215 million kWh (48.06% increase).

Social Achievements

Achieved a customer satisfaction rate of 98.14%.
Improved full-process service efficiency by 30%.
Donated RMB 10 million to Qiandongnan Prefecture in Guizhou Province for cultural and educational development.
Launched the "Mobile Green Box" public welfare science education activity benefiting nearly 10,000 students.
Provided assistance funds of over RMB 17 million for employees through the "May I" Support Funds.

Governance Achievements

Received an "AA" ESG rating from China Securities Index.
Established an ESG Committee.
Independent directors accounted for over 50% on the Board of Directors.
Distributed cash dividends of RMB 86.7 billion.
Conducted over 200 integrity training sessions.

Climate Goals & Targets

Long-term Goals:

Achieve carbon neutrality by 2060.

Medium-term Goals:

Achieve 30% green power by 2030.
Peak company-wide carbon emissions by 2030.

Short-term Goals:

Reduce energy consumption per unit of GDP by 20% by 2025 (compared to 2020).
Reduce CO2 emissions per unit of GDP by 25% by 2025 (compared to 2020).
Achieve 10% green power by 2025.

Environmental Challenges

Extreme weather events damaging infrastructure.
Stricter government regulations on emissions and environmental disclosure.
Changes in consumer concepts and increased demand for green products.
Increased raw material costs.
Supply chain disruptions.
Tightened EU packaging policies.
Increased labor costs.
Energy shortages.
Technological transformation in the industry.
Reputational risks from lagging in climate change efforts.

Mitigation Strategies

Adapting R&D to market demands.
Improving sales chain management.
Following policies and regulations.
Developing green and low-carbon technologies.
Enhancing green supply chain management.
Strengthening information disclosure.
Selecting sites with climate in mind.
Improving production lines.
Implementing energy management.
Developing emergency response plans.
Improving facility resilience.
Strengthening technology R&D.
Proactively communicating with stakeholders.

Supply Chain Management

Supplier Audits: 4,324 suppliers passed social responsibility self-assessment and review in 2022. 100% of new suppliers underwent social responsibility review.

Responsible Procurement

Social responsibility review system based on ISO 14001, ISO 45001, IPC 1401, and national laws and regulations.
Conflict-free minerals pledge.
Green Development Initiative for supply chain partners.

Climate-Related Risks & Opportunities

Physical Risks

Extreme weather events
Resource shortages
Energy shortages

Transition Risks

Stricter regulations
Market shifts
Increased costs

Opportunities

Development of energy-efficient products
Green technology innovation

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO9001, ISO14001, ISO45001, BSCI, C-TPAT, TRUSTE, ISO 27001, ISO 37301, APEC CBPR

UN Sustainable Development Goals

Goal 7 (Affordable and Clean Energy)
Goal 9 (Industry, Innovation and Infrastructure)
Goal 12 (Responsible Consumption and Production)
Goal 13 (Climate Action)

Sustainable Products & Innovation

Low-carbon refrigerators
New class I energy efficiency R290 air conditioners
CO2 electric compressor

Awards & Recognition

AA ESG rating from China Securities Index
2022 ESG Industry Synergy Award
Forbes China Sustainable Development Industrial Enterprises Top 50
2022 EPR Public Dialogue Pioneer

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed

Scope 1 Emissions:Not disclosed

Scope 2 Emissions:Not disclosed

Scope 3 Emissions:Not disclosed

Renewable Energy Share:Not disclosed

Total Energy Consumption:36.397 million kWh (electricity), 50,000 tons (steam)

Water Consumption:511,000 tons (tap water)

Waste Generated:536.84 tons (hazardous waste)

Carbon Intensity:Not disclosed