MicroPort NeuroTech Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1,665.12 tCO2e/year
Scope 1 Emissions:89.32 tCO2e/year
Scope 2 Emissions:1,575.80 tCO2e/year
Total Energy Consumption:4,118,465.83 kWh/year
Water Consumption:34,283 tonnes/year
Waste Generated:96.74 tonnes/year
Carbon Intensity:2.50 tonnes CO2e per million RMB revenue
ESG Focus Areas
- Corporate Governance
- Innovation Protecting Health
- Cooperation and Development
- Contributing to a Low-Carbon Future
- Creating a Pleasant Workplace
- Engaging in Social Welfare
Environmental Achievements
- Achieved a 100% eligible disposal rate of hazardous waste, medical waste, general industrial solid waste and domestic waste.
- Localization rate of raw materials for products reached over 90%, with key materials exceeding 85%.
Social Achievements
- Expanded the Eagle & Swallows program to approximately 200 grassroots hospitals, covering over 800 hospitals in 250 lower-tier cities and counties.
- Provided technical training to 130 surgeons through the Brain Power program.
- WeLove NeuroTech Special Relief Fund provided medical aid for 28 patients.
Governance Achievements
- Established and improved environmental management system.
- Obtained MDSAP (Medical Device Single Audit Program) certification.
- Implemented the “One Core and Three Links” Quality and Health Management Model, awarded “Shanghai Quality Benchmark”.
Climate Goals & Targets
Environmental Challenges
- Substantial competition in the neuro-interventional medical device industry.
- Recently enacted and future legislation (two-invoice system and centralized procurement) may increase costs and difficulty in obtaining regulatory approval and commercializing products.
- Failure to achieve broad market acceptance.
- Maintaining an effective distribution channel.
- Complex manufacturing subject to strict quality controls.
- Potential impairment of intangible assets.
- Need for additional financing to fund operations.
Mitigation Strategies
- Optimizing operating and quality control systems, upgrading manufacturing technologies, strengthening training systems, and building a global supply chain to reduce costs and improve efficiency.
- Expanding production capacity.
- Actively expanding global presence and advancing registration of innovative products overseas.
- Establishing overseas R&D and production centers.
- Deepening cooperation with leading international companies.
Supply Chain Management
Supplier Audits: 42 suppliers reviewed annually
Responsible Procurement
- Comprehensive assessment of suppliers’ qualification, operation, product/service quality and material performance.
- ESG management standards (quality, environmental responsibility, social responsibility, business ethics) considered.
- Preference for suppliers with ISO 13485, ISO 14001, and ISO 9001 certifications.
- Commitment to Social Responsibility and Integrity signed with suppliers.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events affecting supply chain stability.
- Increased risk of infectious diseases reducing workforce availability and productivity.
Transition Risks
- Failure to comply with laws and regulations.
- Failure to develop safe, effective, and sustainable products.
- Changes in market conditions and competition.
- Failure to implement an appropriate ESG plan.
Reporting Standards
Frameworks Used: HKEx ESG Reporting Guide
Certifications: ISO 14001, ISO 45001, MDSAP, GB/T 29490–2013
Awards & Recognition
- Shanghai Brand certified enterprise
- Shanghai Quality Benchmark
- Shanghai Quality Management Team Outstanding Achievement