Climate Change Data

Innovent Biologics, Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:15,894.42 tCO2e/year
Scope 1 Emissions:65.17 tCO2e/year
Scope 2 Emissions:15,829.25 tCO2e/year
Total Energy Consumption:4,940.60 tons of standard coal/year
Water Consumption:666,045 m3/year
Waste Generated:693.1 tons/year
Carbon Intensity:2.56 tCO2e/million revenue

ESG Focus Areas

  • Excellent Governance
  • Enjoying Good Health
  • High Quality as Key
  • People First
  • Embracing Ecology

Environmental Achievements

  • Annual water savings of 8,000 tons
  • Freshwater used per unit of production reduction of 9.9%
  • Energy consumption per unit of production decrease of 17.2%
  • Greenhouse gas emissions per unit of production reduction of 22%
  • Waste gas emissions per unit of production reduction of 13%
  • Hazardous waste generation per unit of production decrease of 40%

Social Achievements

  • Innovative medicines benefited over 2.5 million patients
  • Cumulative market value of donated drugs reached RMB 3.4 billion
  • Donated drugs served 170,000+ patients
  • Female employee representation exceeded 50%
  • Key talent retention rate reached 93%
  • Internal promotions accounted for 62% of vacant management position fillings
  • Employee satisfaction rate stood at 98%
  • Over 600 fresh graduates employed

Governance Achievements

  • MSCI ESG Rating upgraded to 'A'
  • 100% of employees and directors participated in business ethics and anti-corruption training
  • 100% of suppliers signed the Compliance Commitment Letter

Climate Goals & Targets

Medium-term Goals:
  • Achieve a 5% annual reduction in annual fresh water use per production unit by 2030
  • Achieve an annual 5% reduction in hazardous waste generation per unit of product by 2030
  • Reduce GHG emissions per unit of product by 10% by 2030 compared to 2020
  • Achieve a 30% reduction in air emission generation by 2030 as compared to 2022
  • Achieve a 5% annual reduction in energy consumption per production unit by 2030

Environmental Challenges

  • Transition costs of low-emission carbon technology
  • Increase of average temperature
  • Extreme weather
Mitigation Strategies
  • Contingency plans for extreme weather
  • Improved energy management system and energy efficiency
  • Energy-saving improvement project for freezers

Supply Chain Management

Supplier Audits: 95/year

Responsible Procurement
  • Green Procurement Policy
  • Supplier Integrity Commitment
  • Confidentiality agreements
  • Anti-corruption and anti-bribery questionnaire

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Flooding
Transition Risks
  • Transition costs of low-emission carbon technology
Opportunities
  • Development of energy-efficient products
  • Adoption of renewable energy sources

Reporting Standards

Frameworks Used: SEHK ESG Reporting Guide, MSCI ESG Ratings

Certifications: ISO 14001, ISO 45001, ISO 27001

Awards & Recognition

  • MSCI ESG Rating A
  • Excellent Case of Corporate Social Responsibility in the Medical Field
  • Outstanding Case of Healthcare Philanthropy Project
  • MostIn Global Talent Attraction Employer Awards on LinkedIn
  • Best Employer Brand on LinkedIn
  • The 7th most attractive employers from Universum
  • Excellent Digital Learning Operation Award
  • Advanced Company of Eco-environmental Protection