Climate Change Data

Shanghai Bio-heart Biological Technology Co., Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:635.72 tCO2e/year
Scope 1 Emissions:18.54 tCO2e/year
Scope 2 Emissions:553.25 tCO2e/year
Scope 3 Emissions:59.18 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:968.60 MWh/year
Water Consumption:1,577.00 m3/year
Waste Generated:0.84 tons/year (0.24 hazardous, 0.70 non-hazardous)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Innovation and Technology
  • Quality and Safety of Products and Services
  • Intellectual Property Protection
  • Business Ethics and Integrity
  • Risk Management

Environmental Achievements

  • Reduced GHG emissions from 818.53 tonnes in 2022 to 635.72 tonnes in 2023.
  • Reduced non-hazardous waste from 1.00 tonnes in 2022 to 0.70 tonnes in 2023.

Social Achievements

  • Implemented various employee well-being initiatives, including annual body check program and ergonomic office chairs.
  • Provided training to 234.38% of employees, with an average of 6.97 training hours per employee.

Governance Achievements

  • Established an ESG task force to monitor and implement ESG-related matters.
  • Adopted a Board Diversity Policy to enhance board effectiveness and maintain high corporate governance standards.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • General reduction of 1% in overall hazardous waste and non-hazardous waste intensity in the upcoming three years.
  • General reduction of 1% in overall energy use intensity in the upcoming three years.
  • General reduction of 1% in overall water use intensity in the upcoming three years.
  • General reduction of 1% in overall emission intensity in the upcoming three years.

Environmental Challenges

  • Significant operating losses since inception and potential need for additional financing.
  • Lengthy and expensive clinical product development process with uncertain outcomes.
  • Limited experience in sales and marketing activities.
  • Extensive government regulations and unpredictable approval processes.
  • Complex manufacturing process subject to strict quality controls.
  • Reliance on a limited number of suppliers.
  • Potential product liability claims.
  • Competition in the medical device market.
  • Risks associated with doing business in China (political and economic changes, legal system uncertainties).
Mitigation Strategies
  • Implementing various resource-saving measures (intelligent air-conditioning control, automated purification system, minimized packaging materials).
  • Strengthening risk awareness and emergency management, improving forecast and warning mechanisms, enhancing contingency plan operability, and improving coordination in disaster prevention and relief.
  • Regularly reviewing salary remuneration and benefits to retain talents.
  • Establishing a comprehensive ESG management system with a three-level structure.
  • Developing and implementing policies and systems to strengthen compliance management.
  • Establishing a quality management system in accordance with GMP standards and ISO 13485:2016.
  • Formulating an anti-corruption and anti-bribery policy and providing related training.
  • Establishing a whistle-blowing policy to encourage reporting of misconduct.
  • Implementing measures to protect intellectual property rights.
  • Adopting security safeguard measures to protect data privacy.

Supply Chain Management

Supplier Audits: 147 approved suppliers, annual comprehensive evaluation.

Responsible Procurement
  • Compliance with laws and regulations (anti-bribery, anti-corruption, product health safety).
  • ESG criteria considered in supplier selection and evaluation.
  • ISO13485 quality management system.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (floods, heavy rainfall) causing delays in product delivery and affecting operational efficiency.
Transition Risks
  • Changes in environmental laws and regulations.
Opportunities
  • Development of energy-efficient products and processes.

Reporting Standards

Frameworks Used: Appendix C2 of the Rules Governing the Listing of Securities (the “Listing Rules”) issued by the Stock Exchange of Hong Kong Limited

Certifications: ISO 13485:2016

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed