Shandong Boan Biotechnology Co., Ltd.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:13499.85 tonnes
Scope 1 Emissions:0 tonnes
Scope 2 Emissions:13500 tonnes (approx.)
Total Energy Consumption:42265.85 thousand kWh
Water Consumption:159936.00 m3
Waste Generated:36.18 tonnes (non-hazardous) + 32.50 tonnes (hazardous)
Carbon Intensity:0.022 tonnes/RMB’000
ESG Focus Areas
- Environmental Responsibility
- Labour Responsibility
- Operational Responsibility
Environmental Achievements
- Successfully selected as a “Yantai Green Factory” in 2023.
- Adoption of magnetic levitation chiller unit, effectively reducing energy consumption and waste.
- Increased the regeneration cumulative flow rate of water softener, resulting in significant water saving.
Social Achievements
- Organized various employee activities, including sports and fitness clubs, birthday celebrations, and parent-child activities.
- Provided comprehensive training programs covering various skills and qualities, with 785 employees trained.
- Donated 2,129 vials of bevacizumab injections to charity, valued at approximately RMB2.25 million.
Governance Achievements
- Established a strict code of business conduct and anti-corruption policies, with no incidents of bribery, extortion, fraud, or money laundering.
- Implemented a comprehensive quality control system complying with GMP and other related standards.
- Established an ESG Committee to oversee the Group’s ESG governance work.
Climate Goals & Targets
Environmental Challenges
- Potential impacts of climate change on production facilities in coastal areas (physical risks).
- Potential higher operating costs due to government requirements for low-carbon technologies (transition risks).
Mitigation Strategies
- Implementing internal ESG risk management strategies to identify and respond to climate-related risks.
- Adopting an advanced energy management system to monitor energy consumption and improve energy efficiency.
- Continuously optimizing production processes to increase efficiency and reduce consumption.
Supply Chain Management
Supplier Audits: 1732 suppliers total; supplier review process requires ISO system certification and checks for adverse records.
Responsible Procurement
- Prioritizing GMP-certified suppliers for direct procurement.
- Selecting suitable agents or distributors through a bidding process for indirect purchases.
- Developing supplier policies and specifying environmental safety requirements in contracts.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events and natural disasters affecting production facilities.
Transition Risks
- Higher operating costs due to government requirements for low-carbon technologies.
Reporting Standards
Frameworks Used: ESG Guide issued by the Stock Exchange of Hong Kong Limited
Certifications: ISO9001, ISO14001, ISO45001
Awards & Recognition
- Yantai Green Factory
- Top 10 Most Influential Antibody Companies
- Leading Award for Digital and Intelligent Transformation and Intelligent Production of Pharmaceutical Enterprises
- Shandong Provincial Engineering Research Center for Biopharmaceutical Development
- Top 20 Chinese Pharmaceutical Listed Companies in ESG Competitiveness