Climate Change Data

CHINA CONCH ENVIRONMENT PROTECTION HOLDINGS LIMITED

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Sustainability

Environmental Achievements

  • Successfully implemented the 36,000 T/a oil sludge resource recycling project in Zhoushan City, Zhejiang Province by means of asset purchase.
  • Actively carried out technical transformation and technical measures, actively explored and optimized the ingredient process scheme, and at the same time continued to promote channel expansion and continuously improve the construction of the supply and sales market.

Social Achievements

  • Wuhu Conch Venture Environmental, a subsidiary of Conch Environment, won the title of “Top Ten Public Units of Environmental Protection Facilities in 2022”.
  • The Group attaches great importance to the feelings and development of its employees and provides them with competitive remuneration and welfare packages and sound and adequate vocational skills training system and career development planning.

Governance Achievements

  • Conch Environment was listed and its shares were traded successfully on the Main Board of Stock Exchange, officially entering a new path in the international capital market.
  • The Company has adopted the code provisions of the Corporate Governance Code (the “ CG Code ”) set out in Appendix 14 of the Listing Rules as the basis for the Company’s corporate governance practices since the Listing Date.

Climate Goals & Targets

Long-term Goals:
  • realize a solid and hazardous waste treatment contract scale of 30 million tonnes per year in 2028
Short-term Goals:
  • achieve a female employee ratio of over 20% of all employees by 2025

Environmental Challenges

  • In 2022, due to the complex and ever-changing international environment and the turbulent geopolitical situation, the risk of a global economic downturn had increased.
  • The triple pressure of demand shrinkage, supply shock, and expected weakening continues to emerge.
  • Under the background of fierce market competition and increased peak shifting efforts in the cement industry, the Group strived to overcome the challenges
Mitigation Strategies
  • Accelerated external project development, actively explored markets, stabilized economic benefits, internally paid close attention to safety management, promoted costs reduction and efficiency enhancement, and adhered to scientific and technological innovation, to achieve the increase in the amount of incoming plants and treatments against the unfavourable trend.
  • Improved the returns on its stock capital, enhanced capital planning and management and conducted reasonable allocation of project loans, so as to fully satisfy the Group’s capital needs.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • 20th China’s Financial Annual Champion Awards Selection — Overseas Pioneer of the Year Award