Climate Change Data

Environmental Metrics

ESG Focus Areas

• Stable water supply
• Caring for employees
• Environmental protection
• Bearing in mind the community

Environmental Achievements

• Improved equipment efficiency at Huangyan Pumping Station, expecting to save more than 1.87 million kWh per year.
• Implemented various environmental protection measures for construction projects (dust, water, waste, noise, soil and water loss, ecological environment protection).

Social Achievements

• No work-related fatalities, one work-related injury with 15 lost working days.
• Organized “Work Safety Month” with various training and educational activities.
• Provided employee training with a total of 2,786.20 hours.
• Donated over RMB 800,000 to community initiatives and poverty alleviation programs.
• Implemented anti-corruption measures, including a whistleblowing system and training programs.

Governance Achievements

• Established an ESG working group (post-reporting period).
• Implemented a comprehensive internal control system for supply chain management.
• Formulated the Manual for Integrity Risk Control and the Schedule of Division of Responsibilities in Clean Party Construction and Anti-corruption.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting operations and construction projects.
• Aging equipment at Huangyan Pumping Station impacting water supply stability and safety.
• Potential risks from climate change, such as typhoons and mudslides.

Mitigation Strategies

• Implemented stringent pandemic prevention measures.
• Completed comprehensive renovation of aging equipment at Huangyan Pumping Station.
• Developed and implemented emergency plans for typhoon and flood prevention.

Supply Chain Management

Supplier Audits: 55 on-site assessments out of 93 major suppliers

Responsible Procurement

• Open tendering, selected bidding, request for quotation, competitive negotiation, market comparison and selection

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons, mudslides

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Certifications: ISO 9001:2015 (Taizhou City Water), ISO 14001:2015 (Taizhou City Water), ISO/IEC 17025:2005 (Taizhou City Water Water Quality Testing Center)

Awards & Recognition

• Advanced Unit for Fighting Against the COVID-19 Pandemic in Taizhou City
• 2019 Listed Enterprises with Outstanding Contribution
• 2019 Excellent Municipal Units under Working Target Accountability Assessment
• Model for Taizhou Enterprises
• Excellent-graded in 2020 city-wide production safety target accountability assessment
• Excellent Unit in 2020 Municipal-level Target Accountability Assessment
• 2019 Provincial-level “Safe Unit” and “Intelligent Security Unit”

Environmental Metrics

ESG Focus Areas

• Ensuring Stable and Reliable Water Supply
• Protecting the Environment
• Caring for Employees
• Caring for the Community

Environmental Achievements

• Successfully established a municipal “waste-free plant”, utilizing clean production, resource utilization and harmless treatment to achieve energy saving and emission reduction targets.
• Reduced GHG emissions by implementing energy efficiency measures and exploring clean energy use.

Social Achievements

• Created a fair and equal work environment for our employees, care for their health and safety and provide them with equal opportunities
• Provided ample training and development opportunities for employees.

Governance Achievements

• Established the Manual for Integrity Risk Control to clarify the core values of “anti-corruption” and standardized and optimized the process of integrity risk prevention and control in all aspects.
• Established a comprehensive internal control system in respect of supply chain management.

Climate Goals & Targets

Environmental Challenges

• More frequent extreme weather incidents may have an impact on the health and safety of our employees and our water service.
• Climate change brings persistent high temperatures, which may increase employee health risks and increase human resource costs.
• Changes in climate-related regulations are expected to increase our operating costs.

Mitigation Strategies

• Closely monitor weather conditions, including typhoons, mudslides and other climate risks, etc. Preventive work related to extreme weather incidents was deployed in advance to ensure the safety of employees.
• Provide heat protection materials to support frontline employees who work in high-temperature environments. Adjust the rest time schedule for employees, especially for those who need to work outdoors.
• Stay up to date on the latest policies and regulatory developments in climate change-related regulations and regulatory requirements. Regularly analyse market trends to stay competitive.

Supply Chain Management

Responsible Procurement

• Open tendering, selected bidding, request for quotation, competitive negotiation, market comparison

Climate-Related Risks & Opportunities

Physical Risks

• More frequent extreme weather incidents
• Persistent high temperatures

Transition Risks

• Changes in climate-related regulations
• Development and application of low-carbon technologies

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Certifications: ISO 9001:2015, ISO 14001:2015

Awards & Recognition

• Outstanding Performer in Assessment of Responsibility for Safety Production Target Management of Taizhou City 2021
• May 4th Red Flag Youth League Branch of Zhejiang Province
• Waste-free Cell of the City 2022
• The First Batch of Model Party Branch
• Safe Enterprise