Climate Change Data

Sinotrans Limited

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:119,167.92 tCO2e (direct) + 130,904.00 tCO2e (indirect)
Scope 1 Emissions:119,167.92 tCO2e
Scope 2 Emissions:130,904.00 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:80,708.00 tons of standard coal
Water Consumption:3,098,249.06 tons
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Energy Conservation and Emission Reduction
  • Supply Chain Management
  • Employee Rights Protection
  • Customer Service
  • Pollutant Control
  • Social Welfare
  • Compliance Management
  • Risk Control
  • Product Quality and Safety

Environmental Achievements

  • Reduced sulfur dioxide emissions by 90.22% year-on-year.
  • Reduced oxynitride emissions by 13.38% year-on-year.
  • Reduced total direct greenhouse gas emissions by 10.89% year-on-year.
  • Reduced total energy consumption by 4.93% year-on-year.
  • Increased total electricity consumption by 16.46% year-on-year.
  • Reduced total diesel consumption by 18.74% year-on-year.
  • Reduced total coal consumption by 60.94% year-on-year.
  • Reduced water consumption by 17.71% year-on-year.
  • Disposed of aged vessels, vehicles, and equipment, reducing energy costs and emissions.

Social Achievements

  • Implemented a new 4E remuneration system.
  • Launched a share option incentive scheme.
  • Implemented an excess profit sharing incentive plan.
  • Conducted employee engagement surveys.
  • Provided employee care activities and benefits.
  • Organized various training programs with 33,274 participants and 1,385,965 training hours.
  • Maintained an employee turnover rate of 8.46% (lower than the previous year's 10.40%).
  • Carried out charitable activities and community investment.

Governance Achievements

  • Established a three-level ESG governance structure.
  • Published ESG Management Regulations.
  • Improved risk management and compliance operation.
  • Strengthened anti-corruption measures.
  • No corruption lawsuits against the company or its employees.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality before 2060.
Medium-term Goals:
  • Increase non-fossil energy use ratio by 10% by 2030.
  • Increase electric forklift use ratio to 90% by 2035.
  • Replace all light trucks with electric vehicles by 2035.
  • Achieve peak greenhouse gas emissions before 2030.
Short-term Goals:
  • Decrease comprehensive energy consumption per RMB10,000 business revenue by 5% compared with 2020 by 2025.

Environmental Challenges

  • Transition risks related to climate change policies, market shifts, and technological advancements.
  • Physical risks from extreme weather events affecting infrastructure and supply chains.
  • High turnover rate of operational-level employees due to industry competition.
Mitigation Strategies
  • Monitoring climate change policies and adjusting risk management measures.
  • Developing green logistics solutions and investing in new technologies.
  • Formulating carbon emission reduction goals and action plans.
  • Implementing emergency plans and strengthening disaster preparedness.
  • Improving employee remuneration and benefits to reduce turnover.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • ESG assessment requirements added for suppliers.
  • Requirements for legal compliance, environmental protection, and safety included in contracts.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events affecting infrastructure and operations.
Transition Risks
  • Policy risks, market risks, technical risks, legal and compliance risks.
Opportunities
  • Development of green logistics solutions and technologies.

Reporting Standards

Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, Self-regulatory Guidelines of Listed Companies on the Shanghai Stock Exchange No. 1 – Standard Operation

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Smart container inspection system
  • Smart tire industry visual sorting solutions
  • Smart hazardous chemical gas monitoring sensor
  • Smart autonomous driving technology

Awards & Recognition

  • Annual Supply Chain Transformation Model Award (2021 Dingge Award)