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
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
- Become a world-leading crop protection company
- Not disclosed
- 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
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
- Become a globally leading crop protection company
- 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
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
- Not disclosed
- Not disclosed
- 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