Climate Change Data

Suzhou Novosense Microelectronics Co., Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:3,768.66 tCO2e/year (Scope 2 only)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:3,768.66 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:6,608,207.00 kWh/year
Water Consumption:3,985 m3/year
Waste Generated:15.90 tons/year (general waste); 3.65 tons/year (packaging carton); 0.30 tons/year (hazardous waste)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Corporate Governance
  • Employee Interests
  • R&D and Innovation
  • Green Development
  • Supply Chain Management
  • Climate Change Response

Environmental Achievements

  • Reduced carbon emissions by 13,313.82 kg through collaboration with AutoNavi for new energy vehicle business travel.
  • No major safety or environmental accidents throughout the year.
  • Investment of approximately 481,000 yuan in production safety.
  • Planning for a modular server room project expected to save 300,000 kWh of electricity in 2025.

Social Achievements

  • Launched various employee well-being initiatives (monthly afternoon tea, Women's Day activities, Christmas activities, 10th-anniversary celebration, Citywalk).
  • Employee engagement and satisfaction score of 87.75 out of 100.
  • 9.31% employee turnover rate.
  • Nearly 4 million yuan invested in employee training with 500 training sessions and nearly 7,500 training person-times.
  • Donation of 20,000 yuan to the "99 Charity Day" event.
  • Agricultural assistance activity purchasing oranges from disabled fruit farmers (41,839 yuan).

Governance Achievements

  • Established a robust ESG governance framework overseen by the Board of Directors.
  • Held numerous meetings of the Board of Directors, Audit Committee, Strategy Committee, Nomination Committee, Compensation and Appraisal Committee, and Board of Supervisors.
  • Implemented a comprehensive Information Disclosure Management System.
  • Conducted anti-bribery, anti-fraud, and information security training for all employees (627 person/times).
  • Developed a Code of Business Conduct for Business Partners and conducted supplier integrity training.
  • Executive compensation linked to ESG metrics.

Climate Goals & Targets

Long-term Goals:
  • Become a high-quality, innovative, and trustworthy world-class chip company.
Medium-term Goals:
  • Achieve 90% system efficiency for server power supply products by end of 2024.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Climate-related risks (physical risks from extreme weather and chronic risks from climate pattern changes; transition risks from policy changes, technological advancements, market shifts, and reputational damage).
  • Supply chain disruptions due to potential extreme weather events.
Mitigation Strategies
  • Collaboration with AutoNavi to reduce Scope 3 emissions.
  • Implementation of robust safety and environmental management systems.
  • Development of emergency response plans for sudden environmental events.
  • Environmental risk assessment and management.
  • Requirement for partner vendors to consider extreme weather impacts in production scheduling.

Supply Chain Management

Supplier Audits: Annual audits on key suppliers

Responsible Procurement
  • TQRDCESGS management dimensions
  • Code of Business Conduct for Business Partners
  • Supplier integrity training
  • Conflict mineral management

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (storms, typhoons)
  • Long-term climate pattern changes (high temperatures)
Transition Risks
  • Policy and legal risks
  • Technological risks
  • Market risks
  • Reputational risks
Opportunities
  • Resource efficiency improvements
  • Development of green products and services

Reporting Standards

Frameworks Used: GRI Standards (2021 Edition), Shanghai Stock Exchange rules and guidelines, CASS-ESG 5.0, TCFD

Certifications: ISO 9001:2015, ISO 14001, ASIL-D (ISO 26262)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 6
  • SDG 7
  • SDG 8
  • SDG 9
  • SDG 10
  • SDG 11
  • SDG 12
  • SDG 13
  • SDG 16
  • SDG 17

The report mentions alignment with various SDGs throughout, but lacks specific details on how initiatives contribute to each goal.

Sustainable Products & Innovation

  • Isolated op amp with integrated isolated power supply
  • High-bandwidth current sensor

Awards & Recognition

  • National specialized, sophisticated, distinctive and innovative "Little Giant" enterprise
  • VDE Premium Quality Award
  • Top 50 Automotive Chips in 2023
  • "China Chip" Award (three consecutive years)
  • BJX Cup Influential PV Brand Award
  • Electric Drive Technology Innovation Award
  • Top 10 China IC Design Brands
  • Analog Semiconductors - Outstanding Enterprise Award
  • The Sensor Entrepreneur of the Year Award
  • 2023 Suzhou Intellectual Property (Patent) Award
  • 2023 EE Awards Asia - Automotive Electronics Solutions Supplier (Most Promising Company)
  • 2023 Domestic Analog IC Industry Leadership Excellence Award
  • Automotive Small Motor Driver SoC NSUC1610 - Gasgoo Awards 2023