Infore Environment Technology Group Co., Ltd.
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental protection
- Social responsibility
- Corporate governance
Environmental Achievements
- Reduced carbon emissions through waste incineration for power generation, kitchen waste resource utilization and sewage treatment. Greenhouse gas emission reduction is about 0.78-1.32kg per kilowatt-hour, and 0.2-0.3TCO2e per ton of waste.
- All key pollutant discharge projects met emission requirements in 2021.
Social Achievements
- Participated in charity and anti-pandemic activities, donating cash and goods.
- Participated in local education support activities and donated funds and materials to promote rural revitalization.
Governance Achievements
- Continuously perfected corporate governance structure in accordance with Company Law, Securities Law, and CSRC regulations.
- Established four special committees (Strategy, Audit, Nomination, Remuneration & Appraisal) to ensure professional and efficient decision-making.
Climate Goals & Targets
Medium-term Goals:
- Achieve a cumulative contract value of RMB 100 billion from 2020 to 2024 and an annual revenue of RMB 10 billion.
Short-term Goals:
- Achieve a cumulative contract value of RMB 60 billion for smart sanitation service solutions in 2022.
Environmental Challenges
- Supply chain disruptions due to the pandemic and rising raw material costs.
- Intensified market competition in the sanitation industry.
- Policy risks related to macroeconomic, tax, and environmental policies.
Mitigation Strategies
- Focused on the "5115" strategy: boosting core workforce, investing in technological innovation and R&D, and promoting digital transformation.
- Pursued a technology-driven development strategy to maintain technological leadership and market share.
- Strengthened research and analysis of industry policy information to improve scientific decision-making and resist policy risks.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- New energy sanitation vehicles
- Smart sanitation robots
Awards & Recognition
- "Top 10 Enterprises of Intellectual Property Rights in Hunan Province"
- China Machinery Industry Science and Technology Award
- Hunan Provincial Science and Technology Progress Award
- China Award for Science and Technology in Construction