Climate Change Data

SolarSpace Technology Co., Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:1,209,799.32 tCO2e/year
Scope 1 Emissions:111,155.87 tCO2e/year
Scope 2 Emissions:1,098,643.45 tCO2e/year
Scope 3 Emissions:2,125.82 tCO2e/year
Renewable Energy Share:0.45%
Water Consumption:17,445,055 tonnes/year
Waste Generated:49,308.26 tonnes/year

ESG Focus Areas

  • Climate change
  • Carbon emissions
  • Energy management
  • Water management
  • Pollution prevention
  • R&D and innovation
  • Product quality
  • Customer relationship management
  • Employee welfare
  • Employee safety
  • Employee training
  • Industry development
  • Business ethics
  • Supplier management
  • Corporate governance
  • Network and information security

Environmental Achievements

  • Reduced GHG emissions through process optimization and intelligent manufacturing.
  • Achieved 0.82% and 0.30% PV power generation share of total electricity consumption at Suqian and Tongshan bases respectively.
  • Completed the laying of roof photovoltaic at Tongshan base for use in 2024.
  • Reduced daily electricity consumption of PCW cooling tower pumps by 3,171 kwh through energy management optimization.
  • Reduced daily electricity consumption by 600 kwh through compressed air system revamp.
  • Reduced daily electricity consumption by 2400 kwh through silane exhaust gas treatment.
  • Reduced water consumption through condensate recovery system and wastewater reuse.
  • Recycled packaging materials, achieving green recycling and reducing procurement costs.
  • Zero external discharge of waste.

Social Achievements

  • Proactively fostered a healthy, safe, and secure working environment for employees.
  • Refined talent training and promotion system.
  • Contributed to society through social welfare initiatives and care for the disadvantaged.
  • Maintained a 98% rate of female employees returning to work after maternity leave.
  • Conducted 317 training sessions with 125,892 person-times.
  • Conducted 372 safety exercises with 15,936 participants.
  • Achieved 100% coverage of new employees signing Integrity and Self-Discipline Pledge.

Governance Achievements

  • Continuously enhanced ESG governance system.
  • Integrated sustainable development into operational policies.
  • Deepened board's involvement in ESG.
  • Integrated ESG governance into daily operations and management.
  • Formulated 15 material issues.
  • Established a modern corporate governance structure of “Three Meetings and One Layer”.
  • Set up four specialized committees under the Board of Directors.
  • Implemented anti-corruption and anti-bribery regulations.
  • Adopted the “SolarSpace Partners Code of Conduct”.

Climate Goals & Targets

Long-term Goals:
  • Zero-carbon future

Environmental Challenges

  • Multiple environmental impacts such as changing international situations and industry cycle fluctuations.
  • Supply chain disruptions (implied).
Mitigation Strategies
  • Successfully completed and operated a new TOPCon cell production base.
  • Close collaboration with upstream suppliers and downstream customers.
  • Implemented multi-faceted partnerships.
  • Improved supplier quality through daily counselling, annual exchanges, and evaluations.
  • Incorporated ESG into on-site auditing projects.

Supply Chain Management

Supplier Audits: 80 out of 80 domestic suppliers audited; 55 out of 55 class B suppliers audited; 18 out of 18 class C suppliers audited (100% coverage for all classes).

Responsible Procurement
  • SolarSpace Partners Code of Conduct
  • Supplier Environmental, Occupational, Health and Safety Agreement
  • Supplier Due Diligence
  • Responsible Minerals Management

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards 2021, Self-Regulatory Guidelines for Listed Companies of the Shenzhen Stock Exchange No. 17 - Sustainability Reporting (for Trial Implementation), UN SDGs

Certifications: ISO 14001:2015, ISO 45001:2018, ISO 9001:2015

Third-party Assurance: TÜV Rheinland

Sustainable Products & Innovation

  • High-efficiency PERC cells
  • Double-sided double-glass modules

Awards & Recognition

  • PV Cup awards
  • Xuzhou Economic and Technological Development Zone Integrity Demonstration Enterprise
  • Contribution Award of Carbon Neutrality in the Photovoltaic Industry
  • Leading Quality Brand in National Photovoltaic Industry
  • Photovoltaic Storage Quality Award
  • National PV Industry Quality Leading Brand