Sirnaomics Ltd.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1197.26 tCO2e/year
Scope 1 Emissions:19.36 tCO2e/year
Scope 2 Emissions:1177.90 tCO2e/year
Total Energy Consumption:3168.38 MWh/year
Water Consumption:3764.00 m3/year
Waste Generated:5.64 tons/year (hazardous); 18.94 tons/year (non-hazardous)
Carbon Intensity:0.0114 tCO2e/gross floor area in sq ft in 2023
ESG Focus Areas
- Environmental Management
- Community Relations
- Supply Chain Management
- Talent Care and Development
- Innovation
- Business Ethics
- Quality and Safety Control
Environmental Achievements
- Suzhou Sirnaomics set a target to reduce carbon dioxide emissions within its facility by 10% by 2032 compared to 2021 levels.
Social Achievements
- No incidents or violations of labor laws and regulations relating to compensation and dismissal, recruitment, and promotion, working hours, rest periods, equal opportunities, diversity, anti-discrimination and other benefits and welfare.
- No work-related fatalities in the past three years, including the Reporting Period, nor were there any lost days due to work injury.
Governance Achievements
- Established a robust ESG management structure, including representatives from the Board, the ESG Working Group, and various departments.
- Implemented comprehensive Anti-Corruption, Anti-Bribery & Anti-Money Laundering Policies.
- Established a Whistleblowing Policy.
Climate Goals & Targets
Medium-term Goals:
- Reduce carbon dioxide emissions within Suzhou Facility by 10% by 2032 compared with 2021.
Environmental Challenges
- High employee turnover rate (72.4%) due to restructuring and cost-cutting strategies.
- Increased GHG emissions due to occupation of new facilities with expanded floor area.
Mitigation Strategies
- Restructuring to enhance operational efficiency and streamline processes.
- Implementing a Work Plan for Controlling Greenhouse Gas Emissions at Suzhou Sirnaomics.
Supply Chain Management
Supplier Audits: 45 major suppliers in 2023, all subject to regular evaluation and monitoring.
Responsible Procurement
- Sustainability Supply Chain Policy emphasizing social, ethical, and environmental performance.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Policy and legal risks
- Reputation risks
- Technology risks
Reporting Standards
Frameworks Used: GRI Standards, Environmental, Social and Governance Reporting Guide (Appendix C2 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)
UN Sustainable Development Goals
- Goal 3: Ensure healthy lives and promote well-being for all at all ages
- Goal 8: Promote sustained, inclusive and sustainability economic growth, full and productive employment and decent work for all
- Goal 9: Build resilient infrastructure, promote inclusive and sustainability industrialization and foster innovation
The Group's contributions to these goals are described in the 'Sustainability Strategy' section.