Climate Change Data

Environmental Metrics

ESG Focus Areas

• Emission Control
• Resources Management
• Environmental Impact Reduction
• Combat Climate Change
• Employment and Labour Practices
• Health and Safety Management
• Talent Training Management
• Prevention of Child Labour and Forced Labour
• Supply Chain Management
• Product and Service Quality Control
• Upholding the Business Ethics in the Workplace
• Caring for the Community

Environmental Achievements

• Established the Environmental and Safety Department to monitor and manage eco-friendly facilities.
• Implemented various energy-saving projects such as air compressor frequency conversion transformation and air compressor heat recovery projects.
• Engaged industry-qualified waste collectors to manage the disposal and transposition of hazardous waste.
• Sold non-hazardous waste with good conditions to external recycling parties to minimize disposal volume.
• Implemented measures for environmental protection, including using energy-efficient equipment to achieve additional energy savings and reduce waste.
• Utilized circulating water to provide heating in winter instead of a coal boiler for energy usage reduction.

Social Achievements

• Offered competitive remuneration, promotion opportunities, compensation, and benefits packages to attract and retain talents.
• Provided recreational area such as a football pitch and indoor table tennis room for employees.
• Organized the 6th “Solargiga Football Match” to encourage team-building spirit.
• Subsidiary “Jinzhou Yangguang Energy Co., Ltd.” was granted the honorary title of the “National Model Enterprise for Harmonious Labour Relations”.
• Provided comprehensive health and safety training such as three-level safety training and occupational health and safety training.
• Launched training course on “Enterprise Safety Management about Zero Accident-Target of 100% and Zero Accident”.

Governance Achievements

• Engaged Riskory Consultancy Limited, an independent ESG consultant, to assist in ESG reporting and provide ESG-related advisory services.
• Established a whistle-blowing policy to allow stakeholders to report suspected corruption or unethical behaviors.

Climate Goals & Targets

Environmental Challenges

• Suspension of energy and water supply due to extreme weather.
• Physical damage to production facilities and equipment due to natural disasters.
• Increased risks of employee injury due to extreme weather events.

Mitigation Strategies

• Utilization of recycling water from the sewage station to secure water supply temporarily; backup generators and fuel prepared for emergency power supply.
• Facilities designed with wind-resistance materials and flood protection facilities installed.
• Arranged flexible operation hours according to weather conditions; implemented cooling and cold-resisting facilities in the production plant.

Supply Chain Management

Supplier Audits: 45/year

Responsible Procurement

• Clauses on environmental requirements in supplier contracts; priority given to suppliers with reputable environmental certifications.

Climate-Related Risks & Opportunities

Physical Risks

• Suspension of energy and water supply
• Physical damage to production facilities and equipment
• Increased risks of employee injury

Opportunities

• Growing demand for green and low-carbon finance and investment

Reporting Standards

Frameworks Used: HKEX's ESG Reporting Guide

Certifications: CNAS L16766

Awards & Recognition

• National High and New Technology Enterprise
• National green factory
• National intelligent photovoltaic pilot demonstration enterprise
• National photovoltaic manufacturing industry specified conditions admission regulated enterprise
• Provincial Intelligent manufacturing demonstration factory
• Provincial green supply chain management enterprise
• Provincial four-star cloud enterprise
• Provincial Enterprise Technology Center
• Provincial Engineering Technology Research Center
• Photovoltaic Testing Center with CNAS laboratory accredited
• National Model Enterprise of Harmonious Labor Relations — Excellent Enterprise
• Top 100 Global Competitive Renewable Energy Enterprises
• Top 100 New Energy Companies Global Competitiveness
• Global Top 500 New Energy Companies
• Chinese Energy Group Top 500 Enterprise
• Top 20 PRC Comprehensive Companies in 2022
• Top 20 PRC PV Module Companies in 2022
• CPC2022 Global Research Top 100 Brand PV

Environmental Metrics

ESG Focus Areas

• Environmental Performance
• Social Performance
• Governance

Environmental Achievements

• Successfully implemented various carbon reduction measures, including utilizing carbon offsets to achieve reduction in greenhouse gas emissions intensity.
• Awarded the Three-Star Certification by China Quality Certification Centre (“CQC”) for “China Green Building Materials Products”.
• Implemented energy-saving projects to continuously improve energy performance and lower carbon footprint, including air compressor frequency conversion transformation and air compressor heat recovery.

Social Achievements

• Offers competitive remuneration, promotion opportunities, compensation, and benefits packages to attract and retain talents.
• Implemented comprehensive health and safety policies to protect the work environment.
• Offers a diverse range of customized training modules that encompass corporate culture, occupational safety, laws and regulations, professional skills, and other aspects for employees.

Governance Achievements

• The Board is responsible for supervising and reviewing the Company’s sustainable development goals and strategy formulation.
• Engaged Riskory Consultancy Limited, an independent ESG consultant, to assist the Group in ESG reporting, carbon neutrality planning, EcoVadis assessment and provide other ESG-related advisory services.
• Began preparing to participate in the EcoVadis sustainability rating assessment.

Climate Goals & Targets

Environmental Challenges

• Suspension of energy and water supply due to extreme weather.
• Physical damage towards the production facilities and equipment due to natural disasters.
• Increased risks of employee injury due to extreme weather.

Mitigation Strategies

• Utilization of recycling water from the sewage station to secure water supply temporarily; prepared backup generators and fuel reserves for emergency power supply.
• Facilities designed with wind-resistance materials and flood protection facilities installed.
• Arranging flexible operation hours according to weather warnings and implementing cooling and cold-resisting facilities in the production plant.

Supply Chain Management

Supplier Audits: 34 major suppliers evaluated during the Reporting Period

Responsible Procurement

• Supplier agreement incorporates specific environmental requirements; those with reputable environmental-related certifications are prioritized.

Climate-Related Risks & Opportunities

Physical Risks

• Suspension of energy and water supply due to extreme weather
• Physical damage to production facilities and equipment
• Increased risks of employee injury

Opportunities

• Sustainable Finance Strategy

Reporting Standards

Frameworks Used: HKEX's ESG Reporting Guide

Certifications: CNAS L16766, TÜV SÜD product certification for N-type TOPCon photovoltaic modules

Sustainable Products & Innovation

• N-type TOPCon photovoltaic modules

Awards & Recognition

• National Intelligent Photovoltaic Pilot Demonstration Enterprise
• National Intellectual Property Advantage Enterprise
• Global Top 500 New Energy Companies (No.189)
• Chinese Energy Group Top 500 Enterprise (No.297)
• Top 20 Chinese Solar Panel Companies on PV Power Plants 2023 (No.15)
• PVBL Top 100 Solar PV Brands in the World 2023 (No.33)
• PVBL Best Photovoltaic Brand Promotion Award 2023
• OFweek 2023 “2023 Most Promising Enterprise” Award
• Solarbe “2023 Most Influential PV Module Enterprise”,
• 2023 MolePV Golden Leopard Award “N-type TOPCon Golden Module Award”,
• 2023 MolePV Golden Leopard Award “Technology Innovation Award”