Climate Change Data

SKSHU Paint Co., Ltd.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:36822.71 tCO2e/year
Scope 1 Emissions:11517.46 tCO2e/year
Scope 2 Emissions:25305.25 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:982,430 KWH/year (excluding outsourced power)
Water Consumption:839,603 m3/year
Waste Generated:18,046.70 tons/year (general solid waste); 1,069.14 tons/year (hazardous waste)
Carbon Intensity:0.0401 tons of CO2/'0,000 yuan in 2022

ESG Focus Areas

  • Economy
  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced carbon emission intensity year-on-year.
  • All products of two factories obtained Product Carbon Footprint Certificate.
  • Reclaimed water reuse project in Hebei Plant reduced sewage discharge by about 30%.
  • Implemented photovoltaic power generation projects in Anhui and Hebei plants.
  • Upgraded waste gas treatment facilities to improve waste gas treatment efficiency.
  • Developed green and low-carbon high-tech products.
  • Developed new bio-based products applied to multiple projects, reducing carbon emissions and VOC content.

Social Achievements

  • Launched Immediate Move-in services 2.0 and a new six-brand service standard system.
  • Won the honorary title of "Best Customer Service Provider" in 2022.
  • Established "3TREES Common Prosperity Guangcai Fund" with a principal of 100 million yuan.
  • Supported Sichuan Mingde Class Project, providing bursaries and living expenses support to students.
  • Participated in "Green Building Materials to the Countryside 2022" activity.
  • Carried out "Heart Care - Bethune Cardiac Surgery Charity Program", assisting heart disease patients.
  • Launched "Litchi Cultural Festival" to enrich employees' lives and enhance corporate cohesion.
  • Organized various EHS trainings and pre-work meetings to promote safety and environmental protection.

Governance Achievements

  • Completed the reelection of directors, supervisors, and senior executives.
  • Improved the legal risk management and control mechanism.
  • Established a comprehensive compliance management system.
  • Improved and standardized its internal control system.
  • Established a major risk management system and monthly risk reporting mechanism.
  • Implemented anti-corruption training for 8,755 employees and 7 board members.
  • Improved information disclosure management system.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce carbon emission intensity by 50% in 2030 compared with 2020.
  • Achieve 1.37 million tons emission reduction during the '15th Five-Year Plan' period (2026-2030).
Short-term Goals:
  • Reduce direct carbon emission by 10% each year.

Environmental Challenges

  • Climate change and its impact on supply chain.
  • Maintaining high standards of corporate governance and sustainable development.
Mitigation Strategies
  • Formulated specific carbon reduction goals and implemented relevant plans.
  • Developed alternative sourcing strategies.
  • Improved the comprehensive environmental safety management mechanism.
  • Established a full-process environmental safety risk management mechanism.
  • Implemented the "veto for safety performance" assessment plan.

Supply Chain Management

Supplier Audits: 14,539 suppliers received environmental and social impact assessments; 100% of procurement staff passed sustainable procurement training.

Responsible Procurement
  • Strict requirements for suppliers in terms of resource conservation and green environmental protection.
  • Prioritized qualified green products for procurement.
  • Signed safety agreements with contractors and provided EHS training.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products.

Reporting Standards

Frameworks Used: Self-regulatory Supervision Guidelines for Listed Companies No. 1, Guidance on Social Responsibility Reporting, Standardization Administration of the People’s Republic of China (GB/T36001-2015), Guidelines on Corporate Social Responsibility Reporting for Chinese Enterprises (CASS-ESG5.0), Sustainable Development Goals (SDGs), GRI Sustainability Reporting Standards (GRI Standards)

Certifications: ISO 14001:2014, China Green Product Certification, Green Building Materials Product Certification, CCC Product Certification, Environmental Labeling Product Certification, Carbon Footprint Certification, German Blue Angel Certification, American GREENGUARD Certification (Gold Level)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Green and low-carbon high-tech products
  • Bio-based products
  • Environment-friendly floor coating
  • Green Shield Energy-Saving Decoration System
  • Green Diamond Polymer Waterproofing System
  • Aerogel thermal insulation plaster
  • "HENGCAI" series stone-like coatings

Awards & Recognition

  • "Excellent Case of ESG Practice of Listed Companies"
  • "Excellent Case of Directors' Offices of Listed Companies 2022"
  • "National Intellectual Property Demonstration Enterprise"
  • "Best Customer Service Provider"
  • "Leading Enterprise in Human Resource Management Learning and Development 2022"
  • Gold Award in the "Digital Learning" Division of the 7th Enterprise Learning Design Competition
  • Bronze Medal in the Fujian Province Trials of the 2nd National Skills Competition