Climate Change Data

Xinjiang Goldwind Science & Technology Co., Ltd.

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:220,569.04 tCO2e/year
Scope 1 Emissions:17,481.36 tCO2e/year
Scope 2 Emissions:203,087.68 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:587 million kWh/year
Water Consumption:76850000 tons/year
Waste Generated:1304.41 tons/year
Carbon Intensity:0.0436 tons CO2e/RMB 10k revenue in 2021

ESG Focus Areas

  • Climate Change
  • Environmental Protection
  • Supply Chain Management
  • Employee Development
  • Community Relations

Environmental Achievements

  • Reduced carbon dioxide emissions by 161 million tons CO2e per year compared with coal-fired electricity.
  • Achieved carbon neutrality at the operational level (Scope 1 & Scope 2) by 2022.
  • All eight eligible factories obtained green factory certification.
  • Developed and promoted green wind farm standards.
  • Reduced wood packaging materials for wind turbines.

Social Achievements

  • Increased maternity leave for female employees by 15 days and added parental leave.
  • Revised Measures for Fair Management of Employees to prohibit discrimination.
  • Formulated Measures for Prohibition of Forced Labor.
  • Average training hours per capita reached 35.70 hours.
  • Supported eight local community projects through the Moorabool Wind Farm community fund.

Governance Achievements

  • Improved compliance system with daily consultations, major issue assessments, compliance training and inspection.
  • Revised Information Disclosure Management System and Connected Transaction Management System.
  • Provided compliance training to over 400 trainees.
  • Established an independent Audit and Supervision Department to conduct anti-corruption work.
  • No major legal proceedings related to company corruption were recorded in 2021.

Climate Goals & Targets

Long-term Goals:
  • By 2040, 100% of wind turbines should be recycled and reused.
Medium-term Goals:
  • By 2025, the main suppliers of Goldwind products should use 100% of green power.
  • By 2025, the greenhouse gas emissions per RMB 10k revenue should be 25% lower than that in 2020.
  • By 2025, the hazardous waste generated per unit MW should be 20% lower than that in 2020.
  • By 2025, the overall energy consumption per RMB 10k revenue should be 20% lower than that in 2020.
  • By 2025, the density of water consumption for production should be 15% lower than that in 2020.
  • By 2025, build at least 10 youth science and technology practicing bases.
Short-term Goals:
  • Achieve carbon neutrality at the operational level (Scope 1 & Scope 2) by 2022.
  • By 2023, health management programs should cover all employees.
  • By 2023, the number of Goldwind volunteers should reach 5,000, with approximately 6,000 hours of volunteer work.
  • By 2023, the social responsibility audit rate of major suppliers of wind turbine components (manufacturing category) should reach 100%.

Environmental Challenges

  • Extreme weather events impacting production and transportation of wind turbine components and reducing wind farm operation efficiency.
Mitigation Strategies
  • Enhanced wind turbine adaptability to extreme weather conditions.
  • Developed computer simulation to forecast meteorological disasters and formulate risk management systems.
  • Proactively carried out energy conservation and emission reduction actions internally.
  • Disclosed carbon emission information in accordance with regulatory requirements.

Supply Chain Management

Supplier Audits: 80 suppliers evaluated, 24 on-site inspections in 2021.

Responsible Procurement
  • Transparent and compliant procurement practices.
  • Code of Conduct on Supplier Social Responsibility.
  • Social Responsibility Pledges.
  • Transparent Cooperation Agreement.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Legal and regulatory policy risks related to climate change
Opportunities
  • Growing market demand for low-emission products and services.

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Guidelines, ISO 26000: 2010 Guidelines on Social Responsibility, UN Global Compact's Ten Principles, Hong Kong Stock Exchange's Environmental, Social and Governance Reporting Guide, Shenzhen Stock Exchange's No. 1 Self-regulatory Guideline for Listed Companies

Certifications: ISO 14001, ISO 50001

Third-party Assurance: SWCS Corporate Services Group (Hong Kong) Limited

UN Sustainable Development Goals

  • SDG 1
  • SDG 3
  • SDG 6
  • SDG 7
  • SDG 12
  • SDG 13
  • SDG 15

The report details how various initiatives contribute to these goals.

Sustainable Products & Innovation

  • New generation of medium-speed permanent magnet platform products.
  • Smart fault diagnosis products.
  • Modular sliding main bearings.
  • Low-noise blade airfoil.
  • Fully rotating offshore single blade yoke.
  • All-in-one wind turbine integrating multiple grid connection optimization functions.

Awards & Recognition

  • Listed in the MSCI ESG Leaders Index, Hang Seng Corporate Sustainability Index, Hang Seng (China A) Corporate Sustainability Benchmark Index, and FTSE4Good Index Series.
  • A+ rating in the 2021 HKQAA Sustainability Rating.
  • A+ rating in CASVI Sustainability Value Rating in 2021.
  • C rating and B- supplier cooperation rating in CDP.
  • Listed on the “GoldenBee 2021 Outstanding CSR Reports” and won the Growing Enterprise Award.
  • Listed in the “ESG Vanguard of the Year” by TMTPost.
  • Listed in the “Top 100 ESG A-share Companies”.
  • Ranked 25th in “Yili 100” of sustainable development value of national A-share companies in 2021.
  • Ranked second in “China's Top 500 ESG Companies”.
  • Awarded the “Green Award for Sustainable Development”.
  • Dabancheng Wind Farm awarded a five-star rating for on-site management maturity.