China Risun Group Limited
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:2,940,373.23 tCO2e/year
Scope 1 Emissions:2,423,810.34 tCO2e/year
Scope 2 Emissions:516,562.89 tCO2e/year
Total Energy Consumption:540,488.87 MWh/year
Water Consumption:17,113.6 ten thousand tons/year
Waste Generated:214,513.59 tons/year
ESG Focus Areas
- Climate Change
- Resource Conservation
- Emission Management
- Health and Safety
- Supply Chain Management
- Employee Development
- Community Public Service
- Corporate Governance
- Anti-corruption
Environmental Achievements
- Reduced carbon emissions by implementing 121 environmental improvement projects, saving 188,100 tons of standard coal and reducing carbon dioxide emissions by about 489,000 tons per year.
- Reduced carbon dioxide emissions by 44,900 tons per year by recovering waste heat from the rising pipe of coke oven.
- Saved 2.8268 million m3/year of water resources through 71 process technological transformation projects, equivalent to a reduction of 314,800 tons of carbon dioxide emissions per year.
- Saved 28.2 million kWh of electricity and 44,600 tons of steam annually through 30 energy-saving technological transformation projects, equivalent to an annual reduction of 103,600 tons of carbon dioxide emissions.
- Achieved ultra-low emissions of sewage, dust, flue gas SO2, and NOx.
- 12 production units passed the ISO14001 environmental management system certification (92% certification rate).
Social Achievements
- Provided 1,679 jobs through the acquisition of Yuncheng Base and Dongming Base.
- 100% employee physical examination rate and 100% occupational disease physical examination coverage rate.
- Total employee training hours: 263,409.25 hours; Total training sessions: 13,176.
- No occupational disease cases reported.
- Customer satisfaction rate for coke and chemical products reached 100%.
Governance Achievements
- Established an environmental, social, and governance (ESG) working group.
- Implemented a comprehensive risk management system.
- Held 14 board meetings and 5 audit committee meetings.
- No commercial bribery, extortion, fraud, or money laundering cases reported.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality (specific target year not explicitly stated).
Medium-term Goals:
- Gradually expand coke oven gas hydrogen production capacity and energy conservation and emission reduction projects.
Short-term Goals:
- Reduce water consumption and carbon emissions (specific targets not explicitly stated).
Environmental Challenges
- Climate change risks, including tightening carbon emission policies, rising supplier costs, and extreme weather events.
- Supply chain risks related to environmental and social factors.
Mitigation Strategies
- Formulated Risun Group’s Action Plan for Carbon Peaking and Carbon Neutrality.
- Implemented various energy-saving measures, including waste heat recovery and the use of clean energy.
- Improved the green supply chain system by promoting the transition from highway to railway transportation and increasing the proportion of new energy vehicles.
- Strengthened supply chain responsibility management by adopting prudent principles and strict standards to select suppliers and contractors.
Supply Chain Management
Supplier Audits: 1,827 suppliers
Responsible Procurement
- Strict standards for selecting suppliers, considering product quality, service ability, enterprise reputation, and social responsibility.
- Promoting open, transparent, and efficient procurement through third-party platforms.
- Building a supply chain finance platform to reduce financing costs and enhance supply chain stability.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events impacting production equipment and facilities.
Transition Risks
- Tightening carbon emission policies, rising supplier costs.
Opportunities
- Development of green and clean projects, expansion of clean energy such as hydrogen energy.
Reporting Standards
Frameworks Used: Hong Kong Stock Exchange’s Environmental, Social and Governance Reporting Guide
Certifications: ISO14001, ISO9001
Third-party Assurance: Deloitte Touche Tohmatsu Certified Public Accountants LLP
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 13 (Climate Action)
- Goal 8 (Decent Work and Economic Growth)
Initiatives contribute to these goals through various environmental, social, and governance programs.
Sustainable Products & Innovation
- High-purity hydrogen production, closed vaporization coke quenching technology.
Awards & Recognition
- Hong Kong Green and Sustainable Finance Award 2021 (Best energy and resources company)
- Various awards received by subsidiaries (see Awards and Honors section).