Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced total wastewater discharge from 829,000 tons in 2018 to 533,000 tons in 2019
• Reduced COD emission from 439 tons in 2018 to 252 tons in 2019
• Achieved minimal emission by installing dedust, desulphurisation and denitrification facilities on all power generator units
• Recycled 2,952,001 tons of non-hazardous wastes and 24 waste network equipment in 2019
• Implemented several water-saving projects recognized by the MIIT and the Ministry of Water Resources
• Planted over 8,900 trees, resulting in an annual GHG emission reduction of approximately 276 tons of CO2e

Social Achievements

• Improved social insurance for employees
• Provided pre-job and on-the-job trainings and development opportunities for employees
• Provided competitive remuneration packages and performance-based bonuses
• Engaged in social donation activities such as flood disaster relief and supporting left-behind children
• Supported 32 employees and their families in difficulties and 16 children in need
• Launched the “Weiqiao Rainbow Home” project, raising over RMB2.2 million for left-behind children

Governance Achievements

• Established a top-down ESG structure with clearly defined responsibility
• Successfully passed the certificate renewal assessments in relation to the quality management system and environment management system
• Implemented the Administrative Rules for Security of Using Office Computers and Network
• Organised a large-scale anti-corruption education training with 6,500 participants
• Compiled a new anti-corruption publication named “Anti-corruption In Organization”

Climate Goals & Targets

Environmental Challenges

• Potential risks on the ecological environment from exhaust gas, wastewater and GHG emission
• Potential risks of raw coal procurement
• Potential risks of occupational disease arising from hazardous chemicals

Mitigation Strategies

• Strictly complied with relevant environmental laws and regulations
• Implemented measures for land protection and regular land monitoring
• Implemented management measures to ensure raw coal quality meets requirements
• Implemented occupational health management systems, including hazard prevention and control, training, emergency response plans, and provision of occupational health protection devices

Supply Chain Management

Responsible Procurement

• Selecting suppliers based on market reputation, contract performance, supply capability, delivery time and product quality
• Quarterly appraisal of suppliers
• Site visits of suppliers
• Emphasis on strict compliance with business conduct
• Assisting suppliers to improve performance in product quality, environmental protection and social responsibility
• Purchasing green cotton such as “organic cotton” and “better cotton”

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather conditions and natural disasters

Reporting Standards

Frameworks Used: Appendix 27 Environmental, Social and Governance Reporting Guide to the Rules Governing the Listing of Securities on the Main Board of The Stock Exchange of Hong Kong Limited

Certifications: ISO14001:2015, ISO9001:2015, Global Recycled Standard, Global Organic Textile Standard, The Organic Content Standard, Better Cotton Initiative, OEKO-TEX Standard 100

Sustainable Products & Innovation

• Graphene series
• Cupro fiber series
• Sustans blended with anti-bacterial cotton series
• Beehive jacquard series
• One-step molded & down-filling quilt cover series

Awards & Recognition

• 2019 China National Textile and Apparel Council Product Development Contribution Award
• One-time Weaved, Duvet-filled 3D Graphene Seamless Comforter was granted 2019 Top Ten Innovative Textile Products
• Included into the list of “China’s 500 Most Valuable Brands” for many consecutive years