ZHONGGUANCUN SCIENCE-TECH LEASING CO., LTD.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:208.86 tCO2e/year
Scope 1 Emissions:5.94 tCO2e/year
Scope 2 Emissions:85.76 tCO2e/year
Scope 3 Emissions:117.17 tCO2e/year
Total Energy Consumption:88,590.00 kWh/year
Waste Generated:555.12 tons/year (estimated)
ESG Focus Areas
- Health and Safety
- Product Responsibility
- Labor Standards
- Development and Training
- Employment
- Environment and Nature Resource
Environmental Achievements
- Reduced carbon dioxide emissions (Scope 1) from 9.74 tons in 2022 to 5.94 tons in 2023.
- Reduced carbon dioxide emissions (Scope 2) per person from 0.63 tons in 2022 to 0.60 tons in 2023.
- Reduced waste paper per person from 4.91 kg in 2022 to 3.91 kg in 2023.
- RMB1.2 billion in finance leasing principles recognized in energy conservation, environmental protection, clean energy, and ecological protection fields.
Social Achievements
- Launched various employee wellbeing initiatives, including team building activities, annual medical check, daily meal and birthday allowances.
- Reduced employee turnover rate from 15% in 2022 to 5.7% in 2023.
- Completed 26,050 training hours for 141 employees (21,708 hours in 2022).
- Actively participated in consumer poverty alleviation actions, purchasing nearly RMB130,000 of poverty alleviation materials.
Governance Achievements
- Established an Environmental, Social, and Governance Committee in June 2023.
- Complied with all applicable code provisions set out in the CG Code.
- Implemented a set of effective procedures for the appointment of new Directors.
Climate Goals & Targets
Environmental Challenges
- Slowdown in economic recovery and stricter industry regulation.
- Fierce market competition.
- Macroeconomic impact on some customers, cyclical fluctuation in downstream customer demand.
- Extended payment terms of some downstream customers affecting the funding chain.
- Changes in market demand for local products among some biological and medicine industry customers after the end of the epidemic.
Mitigation Strategies
- Actively carried out the disposal of NPAs and achieved remarkable results.
- Optimized rating models and applications, improved risk characterization ability.
- Improved comprehensive risk management system, increased investment in digital and standardization construction.
- Introduced the “industry & finance integration” model, deeply integrating financial capital with industrial capital.
- Strengthened collection and disposal of overdue projects, established an external law firm cooperation mechanism.
Supply Chain Management
Responsible Procurement
- Formulated Procurement Management Measures, stipulating open and transparent procurement process, equal treatment to all suppliers and strict confidentiality.