Nanofilm Technologies International Limited
Climate Impact & Sustainability Data (2020, 2023)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:43,890.6 tCO2e
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:55,155.2 MWh
Water Consumption:324,471 m3
Waste Generated:176 tons
Carbon Intensity:46.1 tCO2e per 1,000 machine production hours
ESG Focus Areas
- Sustainable Innovation
- Environment
- Social
- Governance
Environmental Achievements
- Provided industrial equipment for mass production of solar panels for customers
- Installed solar panels at production facilities to transition to renewable energy sources
- Developing a pathway towards zero wastewater discharge from production through investments in ultrafiltration and reverse osmosis filtration systems
- Achieved ISO14001:2015 certification since August 2016
Social Achievements
- Implemented Nanofilm College, providing over 100 training courses and 39,479 trainee hours in 2020
- Maintained high hygiene and living standards in dormitories and staff canteens in Shanghai facility
- Employed more than 20 employees with disabilities
- Zero disaster incidents (requiring inpatient treatment or total permanent disability/fatality)
Governance Achievements
- Established a robust compliance and integrity platform with prevention, early detection, and response mechanisms
- Conducted supply chain due diligence to ensure no human rights violations
- 49% of purchases sourced from local suppliers in 2020
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Reduce carbon footprint intensity by 30% by 2030
- Achieve 50% renewable energy or purchased carbon credits by 2030
- Reduce wastewater discharge from production by 80% by 2030
- Increase training hours per employee to 24 hours by 2030
- Achieve 60,000 trainee hours annually by 2030
Short-term Goals:
- Not disclosed
Environmental Challenges
- High energy consumption in manufacturing operations
- Water consumption in production
- Managing carbon footprint from purchased electricity
- Maintaining high standards of occupational health and safety across multiple locations
Mitigation Strategies
- Investing in energy efficiency measures
- Transitioning to renewable energy sources (solar panels and exploring green hydrogen fuel cells)
- Developing a pathway towards zero wastewater discharge
- Implementing ISO45001:2019 (Occupational Health and Safety) in Shanghai factories
- Regular ESG audits to ensure compliance
Supply Chain Management
Supplier Audits: Periodic supplier assessments and due diligence screening before onboarding
Responsible Procurement
- Ethical sourcing of raw materials
- Zero tolerance for bribery and corruption
- Responsible sourcing policies for raw materials
- Anti-bribery and environmental agreements with critical vendors
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products and processes
Reporting Standards
Frameworks Used: GRI Standards: Core Option, UN Sustainable Development Goals (UNSDGs), Sustainability Reporting Guide in Practice Note 7.6 of the SGX-ST Listing Manual
Certifications: ISO 14001:2015, ISO 45001:2019 (Shanghai factories)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Advanced materials coating processes
- FCVA coating technology
- MiCC® coating
Awards & Recognition
- Recognition from Chinese Handicapped Union
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:5636.28 tCO2e (market-based)
Scope 1 Emissions:78.09 tCO2e
Scope 2 Emissions:5,558.19 tCO2e (market-based)
Renewable Energy Share:86.6%
Total Energy Consumption:286,247.22 GJ
Water Consumption:406,887.51 m3
Waste Generated:544.29 tons
Carbon Intensity:6.38 tCO2e/’000 machine production hours (market-based)
ESG Focus Areas
- Sustainable Innovation
- Environment
- Social
- Responsible Business
Environmental Achievements
- Utilized approximately 66,761.64 MWh of clean electricity, achieving 100% renewable electricity sourcing in Shanghai plants.
- Installed solar panels in Shanghai plants with a total capacity of 2.4 MWp, generating approximately 1,828.36 MWh of electricity.
- 37% reduction in wastewater discharge intensity compared to FY2022.
- 44% reduction in water consumption compared to FY2022.
- Increased waste recycling from 34 metric tons to 206 metric tons.
Social Achievements
- Implemented the inaugural Nanofilm Technology Forum for global technical staff.
- Employed 16 individuals with disabilities.
- Achieved a rate of recordable work-related injuries of 0.84 per 1,000,000 hours worked.
Governance Achievements
- All Directors attended sustainability training courses.
- Zero confirmed incidents of corruption.
- Zero cases of legal actions relating to anti-competitive behaviour.
Climate Goals & Targets
Medium-term Goals:
- Reduce GHG emissions intensity by 40% to achieve 24.64 tCO2e/’000 production hours by 2030.
- Source at least 50% of total energy consumption from renewable sources or purchased carbon credits by 2030.
- Reduce production wastewater discharge intensity by 80% to achieve 129.8 m3/’000 production hours by 2030.
- Provide an average of at least 40 hours of training annually per employee by 2030.
- Achieve a recordable work injury rate of less than 1.0 (per one million man-hours worked) by 2030.
Environmental Challenges
- Difficult business environment
Mitigation Strategies
- Continued investment in clean technology for hydrogen solutions and the NTI-NTU Corporate Laboratory.
Supply Chain Management
Supplier Audits: 100% of critical direct material suppliers underwent screening in FY2023.
Responsible Procurement
- Supplier Code of Conduct
- Social compliance audits
- Due diligence screenings (site visits, background checks, certification verification, sample testing)
- Anti-bribery and environmental agreements with critical vendors.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards, SGX-ST Listing Rules 711A & 711B, Sustainability Reporting Guide of Practice Note 7.6 of the SGX-ST Listing Manual, World Resources Institute’s Greenhouse Gas Protocol Corporate Accounting and Reporting Standard, Scope 2 Guidance
Certifications: ISO 14001, ISO 45001
Sustainable Products & Innovation
- SydroDIAMOND® coated Bipolar Plate (BPP)
- Sustainable vacuum coating technologies for metal components