MOBI Development Co., Ltd.
Climate Impact & Sustainability Data (2020, 2021)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:7,425.39 tCO2e/year
Total Energy Consumption:8,845,844.39 KWh/year
Water Consumption:248,866.03 tons/year
Waste Generated:Details provided in the report, but not summarized in a single metric
Carbon Intensity:0.0027 tCO2e/working hour in 2020
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced carbon emissions (details not quantified in report)
- Improved waste management (details not quantified in report)
- Complied with EU RoHS and China RoHS directives
- Complied with EU WEEE Directive and adopted ecological product design
Social Achievements
- Established MOBI Academy for employee training (58,674.23 training hours in 2020)
- Maintained zero work-related fatalities
- Improved safety record (total reportable accident rate decreased from 1.23 to 0.34 per million working hours)
- Organized various staff activities (cultural campaigns and recreational sports)
- Signed corporate social responsibility agreements with 216 suppliers
Governance Achievements
- Complied with all relevant laws and regulations in mainland China and Hong Kong
- Implemented a zero-tolerance policy for corruption
- Established an independent audit department
Climate Goals & Targets
Long-term Goals:
- Becoming a global leading provider of RF technology for mobile communications
Environmental Challenges
- Significant decrease in revenue (27.2% year-on-year) due to the impact of COVID-19 pandemic and slower-than-expected 5G network construction
- Increased R&D expenditure
- Substantial increase in exchange losses due to USD/RMB fluctuation
- Intense competition in the base station RF subsystem market
Mitigation Strategies
- Increased R&D investment to prepare for 5G network construction and vertical application projects
- Internal management optimization to improve communication, decision-making, and execution
- Product technology innovation, continuous market expansion, customer structure optimization, and deep participation in vertical applications
- Deepened cooperation with leading customers worldwide to meet demand for high performance-price ratio products
Supply Chain Management
Supplier Audits: 216 suppliers signed corporate social responsibility agreements
Responsible Procurement
- Supplier code of conduct
- Corporate social responsibility requirements
Climate-Related Risks & Opportunities
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:7,588.58 tCO2e/year
Scope 1 Emissions:272.96 tCO2e/year
Scope 2 Emissions:7,315.62 tCO2e/year
Total Energy Consumption:9,096,768 KWh/year
Water Consumption:193,256.35 tons/year
Waste Generated:685.35 tons/year (general solid waste, household waste, hazardous waste)
ESG Focus Areas
- Environmental Protection
- Team Excellence
- Responsible Supply Chain and Product Liability Management
- Compliance in Operations
- Community Involvement
Environmental Achievements
- Improved pipeline network in the park, reducing domestic sewage leakage.
- Achieved advanced circular economic standards by using recyclable packaging materials.
Social Achievements
- Established MOBI Academy, providing 86,655.39 hours of training in 2021.
- No work-related deaths in the past three years.
- Donated clothes to Daliangshan and approximately RMB 7,000 to poor mountainous areas.
Governance Achievements
- Established an independent audit department to strengthen regular reviews of operations.
- Implemented a formalized management system and process to prevent corruption.
Climate Goals & Targets
Environmental Challenges
- Overall development of the industry failed to meet expectations due to postponed 5G network construction and stagnation of 4G network construction.
- Global economy was affected by the COVID-19 outbreak and international political uncertainties.
- Increase in bulk commodity and raw material prices and fluctuations in exchange rates resulted in a decline in overall gross profit margins.
- High employee turnover rate due to occasional fluctuations in orders.
Mitigation Strategies
- Improved operational efficiency and the conversion rate of research and development projects.
- Continuously strengthened customer relationships and rapidly responded to market demands.
- Increased research and development investment to meet customer demand for high-performance products and explore new business areas.
- Implemented internal restructuring and staff optimization to improve decision-making and execution efficiency.
- Implemented various measures to reduce energy and water consumption, and promote paperless office.
Supply Chain Management
Supplier Audits: 224 suppliers audited in 2021
Responsible Procurement
- Supplier’s Green Product (GP) Declaration
- Supplier Quality Assurance Agreement
- Corporate Social Responsibility (CSR) Agreement
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons, rainstorms, earthquakes