China Hanking Holdings Limited
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:1,191,873.43 tCO2e/year
Scope 1 Emissions:-3,067.74 tCO2e/year
Scope 2 Emissions:227,067.76 tCO2e/year
Scope 3 Emissions:37.12 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:199,840,545.22 kWh/year
Water Consumption:1,441,186.00 m3/year
Waste Generated:2,116,000 tons/year (approx.)
Carbon Intensity:1.9447 metric tons CO2e per ton of high-purity iron in 2021
ESG Focus Areas
- Environmental Protection
- Employment and Labour Practices
- Operating Practices
- Community Engagement
- Corporate Governance
Environmental Achievements
- Reduced GHG emissions by 23.1% year-on-year
- Achieved zero fatality, zero casualty, zero environmental pollution, zero occupational morbidity rate, and zero fire for five consecutive years
- Reclaimed 371.97 mu of forest land
- Planted 258,773 trees, reducing GHG emissions by 5,951.78 metric tons CO2e
- Maogong Mine and Aoniu Mine recognized as national-level green mines
Social Achievements
- Achieved zero death, zero serious injury accident, zero incidence of occupational disease, zero fire and zero environmental pollution for five consecutive years
- Donated RMB 2.032 million for poverty alleviation, education promotion, pandemic prevention and disaster relief
- 1,256 employees received occupational disease checkups
- 1,606 employees received safety education
- Aoniu Mining awarded “AAA-level Harmonious Enterprise of Labour Model Relations in Liaoning Province”
Governance Achievements
- Full compliance with code provisions of the Corporate Governance Code (except for code provision C.2.1), and compliance with most recommended best practices
- Established a multi-level health, safety, environmental protection and community organization
- Implemented auditing and whistle-blowing system
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Achieve ultra-low emission target by 2025
Environmental Challenges
- COVID-19 pandemic impact on business travel and mass gatherings
- Potential safety hazards from underground goaf in long-term mining
Mitigation Strategies
- Encouraged substitution of business travel with conference calls
- Used tailings sand from mine processing to fill underground mined-out areas
- Implemented various preventive measures for COVID-19, including telecommuting and on-site office management
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Regular assessment of environmental and social risks in supply chain
- Materials procurement management system
- Bidding, price enquiry/comparison, and sentinel procurement
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather (e.g., rainstorm, blizzard)
Transition Risks
- Market shifts
Opportunities
- Development of energy-efficient products and becoming a new energy material supplier
Reporting Standards
Frameworks Used: GRI Standards 2016
Certifications: ISO9000 (High-purity Iron Business)
Third-party Assurance: Deloitte Touche Tohmatsu (financial data only)
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 8 (Decent work and economic growth)
- Goal 9 (Industry, innovation, and infrastructure)
- Goal 12 (Responsible consumption and production)
- Goal 13 (Climate action)
Initiatives contribute to these goals through various actions such as producing high-purity iron for clean energy, promoting sustainable resource management, investing in technological innovation, and reducing GHG emissions.
Sustainable Products & Innovation
- High-purity iron for wind power and ocean engineering
Awards & Recognition
- AAA-level Harmonious Enterprise of Labour Model Relations in Liaoning Province (Aoniu Mining)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:1,319,780 tCO2e/year
Scope 1 Emissions:1,191,926 tCO2e/year
Scope 2 Emissions:127,841 tCO2e/year
Scope 3 Emissions:13 tCO2e/year
Water Consumption:1,192,479 m3/year
ESG Focus Areas
- Environmental Protection
- Health and Safety
- Labour Standards
- Supply Chain Management
- Community Engagement
- Corporate Governance
- Scientific and Technological Innovation
Environmental Achievements
- Achieved zero fatality, zero casualty, zero occupational morbidity rate, zero environmental pollution and zero fire for six consecutive years.
- Planted 94,086 new trees, resulting in an equivalent emission reduction of 2,164 tCO2e.
- Total GHG emissions: 1,319,780 tCO2e
Social Achievements
- Total number of employees: 1,760
- 100% safety education training rate for employees
- Total donations: RMB 1 million
- Aoniu Mining was awarded the first “Employer of the Year” title in the talent market selection of Fushun City.
Governance Achievements
- Successive revisions of the Terms of Reference and Operating Model of the Remuneration Committee, the Board Diversity Policy, and the Whistle-blowing Policy.
- Full compliance with the “comply or explain” provisions set out in the ESG Reporting Guide.
- China Hanking won the “Best Information Disclosure Award”.
Climate Goals & Targets
Environmental Challenges
- Increase in total GHG emissions.
- Stricter environmental policies and regulations leading to increased compliance costs.
- Potential impact of extreme weather on business operations.
Mitigation Strategies
- Optimizing processes to improve energy efficiency.
- Energy transformation to increase the proportion of renewable energy.
- Implementing emergency plans to cope with extreme weather.
- Formulating environmental management systems and upgrading environmental protection equipment.
- Adopting smart management and improving production processes to reduce energy consumption.
Supply Chain Management
Supplier Audits: 418 suppliers, all from China. Regular assessment of environmental and social risks.
Responsible Procurement
- Regular assessment of environmental and social risks in the supply chain.
- Priority given to suppliers meeting environmental protection requirements.
- Collection of supplier qualification data and checks through online credit information system.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events impacting production and transportation.
Transition Risks
- Stricter environmental policies and regulations increasing compliance costs.
Opportunities
- Transformation into a high-quality raw material supplier for the clean energy industry.
Reporting Standards
Frameworks Used: GRI Standards 2021, Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited
Certifications: ISO 14001
Sustainable Products & Innovation
- High-purity iron products for wind power, nuclear power, and marine engineering.
Awards & Recognition
- Best Information Disclosure Award
- Best Energy and Resources Company
- Employer of the Year