Climate Change Data

Ev Dynamics (Holdings) Limited

Climate Impact & Sustainability Data (2017, 2018, 2019-04-01 to 2020-03-31, 2021-04 to 2022-03, 2022-04 to 2023-03, 2023-04 to 2024-03)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:747.60 tonnes of CO2e
Scope 1 Emissions:78.69 tonnes of CO2e
Scope 2 Emissions:642.10 tonnes of CO2e
Scope 3 Emissions:22.32 tonnes of CO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:742,662 kWh
Water Consumption:10,038 m3
Waste Generated:12 tonnes (non-hazardous)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced paper consumption through paperless office initiatives.
  • Improved energy efficiency by implementing office lighting and equipment policies.
  • Planted 39 trees at the PRC manufacturing plant.

Social Achievements

  • Provided fair and open employment opportunities.
  • Maintained good relationships with customers and suppliers.
  • Implemented health and safety policies, including first-aider and fire drill training.
  • Provided employee welfare benefits including statutory holidays, paid leave, medical allowance, and year-end bonus.
  • Organized volunteering activities, including visiting elderly homes and donating to students.

Governance Achievements

  • Established three committees (Remuneration, Audit, and Nomination) with clearly defined terms of reference.
  • Adopted a board diversity policy.
  • Implemented a whistleblowing policy.

Climate Goals & Targets

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

Environmental Challenges

  • Macro-economic downturn in the PRC and worldwide markets.
  • Fluctuations in exchange rates (Renminbi depreciation against Hong Kong dollar).
  • Potential impairment of assets and goodwill.
  • Water scarcity in Chile affecting ores processing business.
  • Slow progress on land acquisition for the Glauberite Mine.
Mitigation Strategies
  • Raised funds through share placements.
  • Closely monitored currency exposure.
  • Regularly reviewed assets for impairment.
  • Delayed further work on the ores processing facilities in Chile until 2018.
  • Considering adjusting the project schedule for the Glauberite Mine.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Established procurement control procedure; communicated with suppliers on environmental and social responsibilities.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products (electric vehicles)

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 of the Listing Rules)

Certifications: ISO 14001, ISO 9001, ISO 50001 (Hong Kong Office)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Electric buses and vehicles

Awards & Recognition

  • Not disclosed

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:640.46 tCO2e/year
Scope 1 Emissions:122.46 tCO2e/year
Scope 2 Emissions:479.20 tCO2e/year
Scope 3 Emissions:3.36 tCO2e/year
Total Energy Consumption:1,131,754 kWh/year
Water Consumption:10,972 m3/year
Waste Generated:10.39 tons/year
Carbon Intensity:5.00 tCO2e per employee

ESG Focus Areas

  • Environmental
  • Social

Environmental Achievements

  • Planted 69 trees, contributing to an emission removal of 1.59 tCO2e.
  • Recycled 0.18 tonnes of waste paper, resulting in an emission removal of 0.84 tCO2e.
  • Hong Kong Office accredited with ISO 14001, ISO 9001, and ISO 50001.

Social Achievements

  • Implemented a health and safety policy with trainings, supervision, and health checks.
  • Provided first aider training and conducted annual fire drills.
  • Organized activities for female workers for International Women's Day.
  • Provided financial aid for underprivileged students in Mainland China.
  • Made donation to the Hong Kong Anti-Cancer Society.

Climate Goals & Targets

Environmental Challenges

  • Fluctuations in exchange rates affecting results of operation.
  • Impairment of assets and goodwill affecting reported results.
  • Governmental policies and subsidies affecting new energy business.
  • Concentration of credit risk from major customers.
  • Water scarcity and prioritization of water usage for agriculture and human consumption in Chile.
Mitigation Strategies
  • Closely monitors exchange rate fluctuations.
  • Conducts regular financial analysis and engages an independent valuer to assess fair value of assets.
  • Closely monitors policy shifts and strives to improve technology and expand market share.
  • Maintains strict control over receivables and targets long-term relationships with trustworthy customers.
  • Discontinued operations in Chile due to water scarcity and potential legal actions.

Supply Chain Management

Supplier Audits: Approximately 460 suppliers from Mainland China, with a procurement control procedure in place.

Responsible Procurement
  • Procurement control procedure ensuring purchased goods meet requirements.
  • Communication with suppliers on environmental and social responsibilities.
  • Purchase of PEFC or FSC certified paper.

Climate-Related Risks & Opportunities

Opportunities
  • Manufacturing pure electric vehicles to improve air quality.

Sustainable Products & Innovation

  • Electric vehicles

Reporting Period: 2019-04-01 to 2020-03-31

Environmental Metrics

Total Carbon Emissions:251.61 tCO2e/year
Scope 1 Emissions:67.92 tCO2e/year
Scope 2 Emissions:174.07 tCO2e/year
Scope 3 Emissions:8.62 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:478.85 MWh/year
Water Consumption:2802 m3/year
Waste Generated:1.9 tonnes/year (0.39 tonnes paper, 1.5 tonnes domestic and commercial waste)
Carbon Intensity:4.85 tCO2eq/employee

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced GHG emissions from 325.88 tCO2eq in 2019 to 251.61 tCO2eq in 2020
  • Recycled 26% of wastepaper generated in the Hong Kong Office, resulting in an emission reduction of 0.29 tCO2eq
  • Installed LEDs in the Hong Kong Office to replace traditional lighting
  • Implemented energy-efficient practices in the Hong Kong Office, such as encouraging the use of public transport and promoting energy-saving behaviors among employees

Social Achievements

  • Provided 198.50 hours of training to employees, with an average of 3.82 hours per employee
  • Established a competitive remuneration system for employees, including basic salaries, statutory holidays, various types of paid leave, and year-end bonus
  • Maintained a safe working environment with no work-related fatalities or injuries
  • Implemented a whistleblowing policy to encourage reporting of misconduct

Governance Achievements

  • Established an internal control system and a Prevention of Commercial Bribery Control Procedure
  • Complied with national and local laws and regulations regarding employment and labor practices, health and safety, advertising, labeling, and privacy matters

Climate Goals & Targets

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

Environmental Challenges

  • High turnover rate of 31%
  • Heavy photochemical smog and haze in the PRC
Mitigation Strategies
  • Regular review and upgrade of employee medical coverage
  • Investment in energy-efficient products and promotion of electric vehicles to improve air quality

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Established procurement control procedure
  • Purchasing of PEFC or FSC certified paper

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 to the Main Board Listing Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Pure electric vehicles

Awards & Recognition

  • Not disclosed

Reporting Period: 2021-04 to 2022-03

Environmental Metrics

Total Carbon Emissions:309.47 tCO2e/year
Scope 1 Emissions:81.66 tCO2e/year
Scope 2 Emissions:213.87 tCO2e/year
Scope 3 Emissions:13.94 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:626.75 MWh/year
Water Consumption:22,700.00 m3/year
Waste Generated:2.33 tons/year
Carbon Intensity:6.19 tCO2eq per employee

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced GHG emissions to 309.47 tCO2eq from 383.45 tCO2eq in 2021, resulting in a carbon intensity of 6.19 tCO2eq per employee (2021: 7.83 tCO2eq/employee).
  • Planted 10 new trees in the PRC Manufacturing Plants.
  • Reduced energy consumption by 2% compared to the previous reporting period.

Social Achievements

  • 0% employee turnover rate.
  • Provided 232.00 hours of training to employees (average 4.64 hours per employee).
  • No work-related fatality or injury cases.

Governance Achievements

  • No concluded legal cases regarding corrupt practices.
  • No cases of non-compliance with laws and regulations regarding bribery, extortion, fraud, and money laundering.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce emissions by 10% by 2032.
  • Reduce energy consumption by 10% by 2032.
  • Reduce water consumption by 10% by 2032.
  • Reduce waste by 30% by 2032.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Extreme weather affecting transportation and raw material supply.
  • High cost of research and development for new vehicle systems to meet the demand for environmentally friendly vehicles.
  • Potential supply chain disruptions due to extreme weather.
Mitigation Strategies
  • Cooperated with various approved suppliers from different regions in the PRC to ensure a stable supply of car components.
  • Expanded customer base and diversified business to overseas markets (Southeast Asia and Europe) to cope with high R&D costs.
  • Developed low-carbon goods and services.

Supply Chain Management

Supplier Audits: Annual evaluation and assessment of 182 suppliers.

Responsible Procurement
  • Established procurement control procedure covering all raw materials, components, etc.
  • Communication with suppliers on environmental and social responsibilities.
  • Purchase of PEFC or FSC certified paper.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather affecting transportation and raw material supply.
Transition Risks
  • Changes in consumer preferences for high-energy efficiency transportation.
  • High cost of research and development for new vehicle systems.
Opportunities
  • Growing demand for environmentally friendly vehicles.

Reporting Standards

Frameworks Used: Appendix 27 to the Main Board Listing Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: ISO 9001:2015, ISO 50001:2018, ISO 14001:2015, 3C certificate

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Pure electric vehicles

Awards & Recognition

  • Not disclosed

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:168.25 tCO2eq/year
Scope 1 Emissions:38.14 tCO2eq/year
Scope 2 Emissions:119.97 tCO2eq/year
Scope 3 Emissions:10.14 tCO2eq/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:332.33 MWh/year
Water Consumption:6,987 m3/year
Waste Generated:2.18 tons/year
Carbon Intensity:4.10 tCO2eq/employee

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced GHG emission intensity by 34% compared to the previous reporting period.
  • Reduced hazardous waste intensity by 28% compared to the previous reporting period.
  • Reduced energy consumption by 47% compared to the previous reporting period.
  • Reduced water consumption by 55% compared to the previous reporting period.

Social Achievements

  • Provided 567.50 hours of training to employees, with an average of 13.84 hours per employee.
  • Maintained a 0% work-related fatality and injury rate.
  • Implemented COVID-19 prevention measures to protect employees.

Governance Achievements

  • Established a whistle-blowing policy.
  • Conducted anti-corruption training for all staff.
  • Maintained compliance with anti-corruption laws and regulations.

Climate Goals & Targets

Long-term Goals:
  • Reduce GHG emission intensity by 10% by 2032 (2022 as base year).
  • Reduce waste intensity by 30% by 2032 (2022 as base year).
  • Reduce energy consumption intensity by 10% by 2032 (2022 as base year).
  • Reduce water consumption intensity by 10% by 2032 (2022 as base year).
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Extreme weather affecting raw material supply chain.
  • Tightening of climate-related policies increasing costs.
  • High cost of transitioning to lower emissions technology.
  • Changing customer behavior and preferences.
  • Potential reputational risks related to climate change.
Mitigation Strategies
  • Diversification of suppliers to ensure stable supply of car components.
  • Experienced R&D team to ensure compliance with climate-related requirements.
  • Expansion of customer base to offset R&D costs.
  • Diversification of business to overseas markets.
  • Adoption of industry best practices to manage climate-related risks.

Supply Chain Management

Supplier Audits: Annual evaluation and assessment of 148 suppliers.

Responsible Procurement
  • Established procurement control procedure covering all raw materials, components, and supplies.
  • Communication with suppliers on environmental and social responsibilities.
  • Green purchasing policy for office supplies.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather affecting transportation and raw material supply.
Transition Risks
  • Tightening of climate-related policies.
  • High cost of transitioning to lower emissions technology.
  • Changing customer behavior.
Opportunities
  • Increased demand for high energy efficiency transportation.

Reporting Standards

Frameworks Used: Appendix 27 to the Main Board Listing Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: ISO 9001:2015, ISO 50001:2018, ISO 14001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Pure electric vehicles.

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:176.12 tCO2eq/year
Scope 1 Emissions:56.24 tCO2eq/year
Scope 2 Emissions:107.85 tCO2eq/year
Scope 3 Emissions:12.75 tCO2eq/year + 15.59 tCO2eq (upstream and downstream logistics)
Renewable Energy Share:Not disclosed
Total Energy Consumption:375.51 MWh/year
Water Consumption:1,173 m3/year
Waste Generated:0.83 tons/year (non-hazardous)
Carbon Intensity:4.76 tCO2eq/employee

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • GHG emission intensity decreased by 23% compared with the base year (2022).
  • Non-hazardous waste intensity decreased by 60% compared with the base year (2022).
  • Hazardous waste intensity decreased by 99% compared with the base year (2022).
  • Energy consumption intensity decreased by 19% compared with the base year (2022).
  • Water consumption intensity decreased by 96% compared with the base year (2022).

Social Achievements

  • Provided 330.50 hours of training to employees, with an average of 8.93 hours per employee.
  • Percentage of employees who received training increased by 17% compared with the last reporting period.
  • No work-related fatality or injury cases during the Reporting Period.

Governance Achievements

  • Established a whistle-blowing policy.
  • Arranged 2 hours of anti-corruption training for all staff in the PRC Manufacturing Plant.
  • Obtained 4 utility model patents.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce 10% emission intensity by 2032 (2022 as base year).
  • Reduce 30% waste intensity by 2032 (2022 as base year).
  • Reduce 10% energy consumption intensity by 2032 (2022 as base year).
  • Reduce 10% water consumption intensity by 2032 (2022 as base year).
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Extreme weather may affect the stability of the raw material supply.
  • Tightening of climate-related policies increase costs.
  • High cost to transition to lower emissions technology.
  • Changing customer behaviour may lead to loss of customers and income.
  • Change in customer preferences may affect reputation.
Mitigation Strategies
  • Cooperated with various approved suppliers from different regions in the PRC to ensure a stable supply of car components.
  • Expanded customer base to strive for more revenue and diversified business to overseas markets.
  • Adopted industry best practices to improve energy efficiency.
  • Developed a comprehensive raw materials acquisition network.

Supply Chain Management

Supplier Audits: Annual evaluation and assessment of 179 suppliers.

Responsible Procurement
  • Established procurement control procedure; communicates with suppliers on environmental and social responsibilities; purchases office paper from suppliers who can provide PEFC or FSC certified paper.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
Transition Risks
  • Tightening of climate-related policies
  • Cost to transition to lower emissions technology
  • Changing customer behaviour
Opportunities
  • Growing demand for high energy efficiency transportation and green automotive products.

Reporting Standards

Frameworks Used: Appendix C2 to the Main Board Listing Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: ISO 9001:2015, ISO 50001:2018, ISO 14001:2015, 3C certificate, IATF-16949, EU COP-DOC

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Pure electric vehicles

Awards & Recognition

  • Not disclosed