Climate Change Data

Xinyi Glass Holdings Limited

Climate Impact & Sustainability Data (2021, 2022, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:6,030,688 tonnes carbon dioxide equivalent
Scope 1 Emissions:5,372,149 tonnes carbon dioxide equivalent
Scope 2 Emissions:260,270 tonnes carbon dioxide equivalent
Scope 3 Emissions:398,300 tonnes carbon dioxide equivalent
Renewable Energy Share:30%-50% of total electricity consumption (from distributed solar power and residual heat)
Total Energy Consumption:19,079.6 GWh
Water Consumption:15,818.1 thousand tonnes
Waste Generated:586,938.8 tonnes

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced emission density of float glass, automobile glass, and architectural glass.
  • Reduced energy consumption density of float glass, automobile glass, and architectural glass.
  • Reduced water consumption density of float glass, automobile glass, and architectural glass.
  • Obtained ISO14001 environmental management system certification and ISO50001 energy management system certification.

Social Achievements

  • Established Xinyi Education Fund.
  • Organized various activities for employee well-being.
  • Maintained a low work-related injury rate.
  • Achieved 100% pass rate of work safety standardization certification on float glass systems.

Governance Achievements

  • Established a carbon management leading team.
  • Established Xinyi Glass safety committee and Xinyi Glass safety committee office.
  • Intensified monitoring of suppliers posing environmental risks.
  • Established a dedicated Xinyi Internal Control Centre to handle anti-corruption matters.

Climate Goals & Targets

Medium-term Goals:
  • Achieve carbon neutrality by 2060.
Short-term Goals:
  • Reduce greenhouse gas emissions density, hazardous waste emissions density, non-hazardous waste emissions density, energy consumption density, and water consumption density.

Environmental Challenges

  • Extreme weather risks in coastal industrial parks.
  • Policy risks related to increasing environmental protection requirements.
  • Energy risks due to global energy crises.
  • Image risks associated with failing to meet environmental protection goals.
Mitigation Strategies
  • Implemented contingency systems for extreme weather events.
  • Closely monitored environmental policies and proactively reduced emissions.
  • Utilized renewable energy and explored further increases in renewable energy use.
  • Provided multiple communication channels for stakeholders to address concerns.

Supply Chain Management

Responsible Procurement
  • Supplier Integrity Agreement
  • Preference for suppliers with quality, environmental, and other certifications.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (floods, rainstorms, snowstorms)
Transition Risks
  • Increasing environmental protection and emission requirements
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities of the Stock Exchange of Hong Kong Limited)

Certifications: ISO14001, ISO50001, ISO45001, IATF16949:2016

Sustainable Products & Innovation

  • SOLACO heat reflective automobile glass
  • SOLAR-X heat reflective automobile glass
  • Low-E glass

Awards & Recognition

  • Various awards and recognitions for product quality, environmental performance, and social contributions (see page 108-110).

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:5,958,002 tCO2e/year
Renewable Energy Share:Approximately 30%-50% of total electricity consumption
Total Energy Consumption:18,106.9 GWh/year
Water Consumption:13,181.7 thousand tonnes/year
Waste Generated:622.6 tonnes/year (hazardous); 595,013.5 tonnes/year (non-hazardous)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Decreased greenhouse gas emissions by approximately 1.21% compared to 2021.
  • Decreased total energy consumption by approximately 5.1% compared to 2021.
  • Decreased total water consumption by 2,636.4 thousand tonnes compared to 2021.

Social Achievements

  • Employee turnover rate decreased by 1 percentage point compared to 2021.
  • Successfully applied for 1,028 patents in 2022, a significant increase of 22.5% compared to last year.
  • Charitable donations totaled HK$9.837 million.

Governance Achievements

  • Established a carbon management leading team in 2021.
  • Established Xinyi Glass safety committee and office in 2021.
  • Intensified monitoring of suppliers posing environmental risks.

Climate Goals & Targets

Short-term Goals:
  • Slight decrease of 1.0% in greenhouse gas emissions density.
  • Slight decrease of 1.0% in hazardous wastes emissions density.
  • Slight decrease of 1.0% in non-hazardous wastes emissions density.
  • Slight decrease of 1.0% in energy consumption density.
  • Slight decrease of 1.0% in water consumption density.

Environmental Challenges

  • Extreme weather risks in coastal areas.
  • Increasing environmental protection and emission requirements from the government.
  • Global energy crisis.
Mitigation Strategies
  • Relevant contingency system in place for extreme weather.
  • Proactive emission reduction through equipment inspection and renewal, and close attention to the latest policies.
  • Increased use of renewable energy (distributed solar power and residual heat).

Supply Chain Management

Responsible Procurement
  • Supplier Integrity Agreement
  • Preference for suppliers with quality, environmental, and other certifications.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather (drought, rainstorms, snowstorms)
Transition Risks
  • Increasing environmental protection and emission requirements

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities of the Stock Exchange of Hong Kong Limited)

Certifications: ISO 14001, ISO 45001, ISO 50001, ISO 9001, IATF16949, BSI tempered and laminated certification, BSI insulating certification, SGCC certification, US DOT standard, Australian product certification, European Community ECE standard, China 3C standard

Third-party Assurance: Hong Kong Quality Assurance Agency (for some data)

Sustainable Products & Innovation

  • SOLACO heat insulating and sound-proof automobile glass; SOLAR-X heat reflective automobile glass; Low-E glass.

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:5,598,453 tCO2e/year
Renewable Energy Share:4.8%
Total Energy Consumption:16,813.9 GWh/year
Water Consumption:10,473.6 thousand tonnes/year
Waste Generated:657,427.3 tonnes/year (non-hazardous)
Carbon Intensity:0.6305 tonnes carbon dioxide equivalent/tonne (float glass)

ESG Focus Areas

  • Energy Conservation and Carbon Management
  • Talent Development
  • Staff Care
  • Sustainable Procurement
  • Customer Service
  • Supply Chain Management
  • Anti-corruption

Environmental Achievements

  • Reduced energy consumption by 1,293.0 GWh compared to 2022
  • Reduced CO2 emissions by 359,549 tonnes carbon dioxide equivalent compared to 2022
  • Utilisation rate of renewable energy: 4.8%
  • Green procurement commitment ratio: 100%

Social Achievements

  • 154,524 hours of employee training (100% of employees trained)
  • Staff satisfaction score: 82.4
  • RMB 1.56 million contributed to The Caring Fund, benefiting 219 employees
  • RMB 1.948 million contributed to Xinyi Education Fund, benefiting 487 students
  • Social donations: RMB 3.013 million
  • Employee turnover rate decreased by 4 percentage points compared to 2022

Governance Achievements

  • Established a carbon management leading team
  • Established an internal control center
  • Established a safety committee
  • 100% of suppliers signed integrity agreements
  • Two cases of corruption identified and handled

Climate Goals & Targets

Short-term Goals:
  • Greenhouse gas emission intensity, hazardous waste emission intensity, non-hazardous waste emission intensity, energy consumption intensity, and water consumption intensity slightly decreased by 1.0%

Environmental Challenges

  • Climate change risks (extreme weather, policy changes, stakeholder concerns)
  • Supply chain disruptions
Mitigation Strategies
  • Developed risk response policies for climate change scenarios (SSP1 and SSP5)
  • Implemented various energy-saving and emission reduction projects
  • Developed guidelines for extreme weather conditions
  • Strengthened supplier audits and implemented a code of conduct

Supply Chain Management

Supplier Audits: 100% of suppliers signed integrity agreements

Responsible Procurement
  • Code of Conduct for Suppliers
  • Green Procurement Agreement

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather (heat, typhoon, rainfall)
Transition Risks
  • Stringent climate-related policies, stakeholder expectations
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: SEHK ESG Reporting Guide

Certifications: ISO 14001, ISO 45001, ISO 50001, ISO 9001

Third-party Assurance: Hong Kong Quality Assurance Agency

Sustainable Products & Innovation

  • SOLACO heat insulating and sound-proof automobile glass
  • SOLAR-X heat reflective automobile glass
  • Low-E glass

Awards & Recognition

  • Numerous awards listed in the report (page 88-89)