Climate Change Data

山东潍坊润丰化工股份有限公司

Climate Impact & Sustainability Data (2020, 2021, 2022)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:94490.44 tCO2
Scope 1 Emissions:8679.80 tCO2
Scope 2 Emissions:85076.04 tCO2
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:77842238.1 kWh
Water Consumption:503488.5 m³
Waste Generated:35065.21 tons (hazardous) + 1394.2 tons (non-hazardous)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Protection
  • Labor and Human Rights
  • Business Ethics
  • Sustainable Procurement
  • Governance

Environmental Achievements

  • Ningxia Gree Fine Chemical Co., Ltd. was rated as a "National Green Factory"
  • Reduced emissions in line with national and local standards through various waste treatment methods (cold condensation recovery, adsorption, absorption, RTO, high-power pulse, hydroxyl radical catalytic oxidation, etc.)
  • Installed solar photovoltaic panels on factory buildings and dormitories to improve energy utilization.

Social Achievements

  • Achieved 100% employee coverage for social insurance
  • No major violations of labor laws
  • Organized 12 skill training sessions for employees, with an average of 24 hours per person.
  • Implemented various employee wellbeing initiatives during the COVID-19 pandemic, including providing protective supplies and maintaining salary payments.

Governance Achievements

  • Established a Social Responsibility (CSR) Governance Committee
  • Implemented various internal control systems to prevent illegal and irregular behaviors
  • Established an online legal service platform to provide legal support to various departments.

Climate Goals & Targets

Long-term Goals:
  • Become a world-leading crop protection company
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Stricter environmental regulations globally
  • Trade protection measures (anti-dumping investigations) affecting product exports
  • Administrative penalties and corrective orders for non-compliant production operations in safety, environmental protection, customs, and taxation.
Mitigation Strategies
  • Developing and implementing comprehensive internal control systems
  • Expanding market share and improving product profitability
  • Strengthening product quality and cost control
  • Improving financial budget control and customer credit management
  • Establishing an online legal service platform for better support.

Supply Chain Management

Supplier Audits: 100% of target suppliers underwent CSR assessments and on-site audits.

Responsible Procurement
  • Sustainable Procurement Policy
  • "Working Together to Achieve Sustainable Development" initiative
  • Prioritizing local suppliers when possible

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Stricter environmental regulations
Opportunities
  • Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards - Core, ISO 26000 Social Responsibility Guidelines, UN Global Compact Ten Principles

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 2
  • SDG 5
  • SDG 6
  • SDG 8
  • SDG 12
  • SDG 13
  • SDG 14
  • SDG 15
  • SDG 16

The report mentions alignment with various SDGs through initiatives related to responsible production, decent work, climate action, responsible consumption and production, and good governance.

Sustainable Products & Innovation

  • Green and efficient crop protection products

Awards & Recognition

  • National Green Factory (Ningxia Gree)
  • Various awards from industry associations and government bodies

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:159617.36 tCO2e (Scope 1: 7208.03 tCO2e, Scope 2: 152409.33 tCO2e)
Scope 1 Emissions:7208.03 tCO2e
Scope 2 Emissions:152409.33 tCO2e
Total Energy Consumption:101,862.92 MWh
Water Consumption:497,115.07 m³
Waste Generated:29,139.79 tons (hazardous) + 34,143.20 tons (non-hazardous)

ESG Focus Areas

  • Environmental Protection
  • Social Responsibility
  • Governance

Environmental Achievements

  • Reduced carbon emissions (Specific figures not provided, but mentions reduction through process optimization and upgraded environmental treatment facilities)
  • Achieved ISO 14001 environmental management system certification
  • Implemented energy management system and clean production audit
  • Achieved safety standardization level 2 enterprise certification
  • Improved resource recycling level with the completion of two refined salt devices
  • Significantly reduced pollutant emissions through wastewater and exhaust gas treatment upgrades

Social Achievements

  • Implemented employee well-being programs (details not quantified)
  • Provided various commercial insurances to employees
  • 100% employee health check coverage
  • 100% employee personal protective equipment provision
  • Implemented a multi-level management system to prevent bribery and corruption
  • Conducted anti-corruption and bribery training for all employees
  • No corruption-related complaints reported
  • Implemented a first-stage restricted stock incentive plan
  • Participated in community building activities (details not quantified)

Governance Achievements

  • Established a sound internal control system
  • Complied with relevant laws and regulations
  • Held regular shareholder meetings and board meetings
  • Established four specialized committees under the board of directors
  • Implemented information disclosure and investor relations management system
  • No violations of laws and regulations reported

Climate Goals & Targets

Long-term Goals:
  • Become a globally leading crop protection company
Medium-term Goals:
  • Complete advanced manufacturing of 7 key active ingredients by 2024
  • Prepare for advanced manufacturing of 3 more key active ingredients by 2025-2029
  • Build a 'fast market entry platform' in all major global markets except the US, Canada, and Japan by 2024

Environmental Challenges

  • Supply chain disruptions (not specified)
  • Environmental risks associated with chemical production
  • COVID-19 pandemic impact
Mitigation Strategies
  • Implemented alternative sourcing strategies (not detailed)
  • Increased investment in environmental protection facilities
  • Implemented strict safety and health measures
  • Provided COVID-19 related support to employees

Supply Chain Management

Supplier Audits: 100% of target suppliers signed sustainability agreements; 60.5% underwent CSR on-site audits

Responsible Procurement
  • Supplier Code of Conduct
  • Sustainability requirements
  • Fair trade principles
  • Green procurement

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, CASS-CSR4.0, UN Global Compact Ten Principles, UN Sustainable Development Goals (SDGs)

Certifications: ISO 14001, ISO 45001

Awards & Recognition

  • Shandong Gazelle Enterprise
  • Weifang Top 100 Private Enterprises
  • Binhai District awards for various achievements
  • China Red Cross Contribution Award

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:131550.65 tCO₂e
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Achieved 100% pollutant discharge compliance rate for waste gas, wastewater, and noise.
  • Zero pollution accidents throughout the year.
  • Invested in upgrading various pollution control facilities across different factory areas to achieve emission reduction and efficiency improvement.
  • Implemented various environmental protection measures, including upgrading wastewater treatment facilities, constructing new RTO waste gas treatment devices, and improving dust control in workshops.

Social Achievements

  • Zero occupational disease incidence rate since company establishment.
  • Conducted 2022 annual occupational health check-ups for employees.
  • Organized various employee engagement activities, including a “Double Festival” event for Mid-Autumn Festival and Teacher’s Day, and health knowledge lectures.
  • Participated in social welfare activities, such as ocean cleanup and visiting elderly people and families in need.

Governance Achievements

  • Revised environmental protection regulations, including those related to environmental responsibility, hazardous waste, emergency response, and clean production.
  • Strictly adhered to environmental laws and regulations, with no environmental violations or penalties.
  • Established a dedicated team to handle environmental complaints and disputes.
  • Implemented the “three simultaneous” system, approving 10 projects and applying for or changing discharge permits as needed.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 14001, OHSAS 18001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Water-based formulations (SL, WG, SC, CS)

Awards & Recognition

  • Not disclosed