Climate Change Data

Shanghai Putailai New Energy Technology Co., Ltd.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:132 million tons of carbon dioxide equivalent
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:2.48 million tons
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental protection
  • Social responsibility
  • Governance

Environmental Achievements

  • Successfully raised the Company’s MSCI ESG rating from BB to BBB
  • Completed bidding for rooftop photovoltaic project in 7 factories, with an installed capacity of 50.01 MWP, saving about 6,100 tons of standard coal (equivalent value) annually, and reducing the annual carbon dioxide emissions about 39,400 tons.
  • 15 production-oriented subsidiaries obtained ISO 14001 Environmental Management System certification (68.18% of all production-oriented subsidiaries).

Social Achievements

  • Total investment in public welfare was up to RMB 2.82 million.
  • Provided employment opportunities and infrastructure construction for the community.
  • 14 subsidiaries obtained the ISO 45001 occupational health and safety system certification.

Governance Achievements

  • Established a three-level ESG management structure.
  • Completed 25 audits in 2022.
  • Publicly disclosed an anti-corruption report email.

Climate Goals & Targets

Long-term Goals:
  • 100% green electricity use by 2030
Medium-term Goals:
  • 30% renewable energy usage by 2024
  • 50% renewable energy usage by 2025
Short-term Goals:
  • 10% renewable energy usage by 2023

Environmental Challenges

  • Water stress assessments revealed very high, high, low to medium, and low risk levels across subsidiaries.
  • Two subsidiaries were listed as key water pollution units.
  • One subsidiary was listed as a key air pollution discharge unit.
Mitigation Strategies
  • Water treatment systems operated normally, without exceeding standards and no major water quality incidents occurred.
  • Waste gas treatment system operated normally and no pollution incidents occurred.
  • Plans to carry out process and equipment renovation projects to further improve energy efficiency and reduce energy consumption in 2023.

Supply Chain Management

Supplier Audits: Quarterly comprehensive assessment

Responsible Procurement
  • Supplier Management Regulations
  • Procurement and Supplier Management Control Procedures
  • Requiring suppliers to provide ISO 14001, ISO 45001 certificates
  • Prohibiting child labor
  • Signing Integrity Agreement, Environmental Protection Agreement, Social Responsibility Commitment Letter
  • Requiring RoHS reports

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: MSCI ESG

Certifications: ISO 14001, ISO 9001, ISO 22301, IATF 16949, ISO 45001, GB/T 29490

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed