Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Social responsibility
• Sustainable development

Environmental Achievements

• Reduced CO2 equivalent emissions by 92,338 tons

Social Achievements

• External donations and public welfare projects totaling RMB 25,611,800
• Poverty alleviation and rural revitalization projects totaling RMB 50,724,300

Governance Achievements

• Continuously improved corporate governance level
• Implemented Management of Insiders Who Have Access to Insider Information and Information Disclosure Suspension and Exemption Management System
• Improved business processes and enhanced internal control

Climate Goals & Targets

Environmental Challenges

• Disruption in the operation of the supply chain of the industry
• Significant market fluctuations
• High raw material prices
• Intense market competition
• Global economic slowdown and high inflation
• Complex external factors impacting the global automotive supply chain
• Increased competition in the automotive industry due to the conversion of traditional and new tracks

Mitigation Strategies

• Implemented measures to guarantee production and protect employee health and safety
• Established an industry chain guarantee committee to coordinate supply guarantee measures
• Accelerated chip localization and improved overseas transport capacity
• Deepened cooperation with financial institutions to improve cash flow management
• Implemented special support policies to help distributors
• Activated market demand through various promotional measures
• Launched new products and models
• Focused on innovation and transformation to improve core capabilities
• Established SAIC Motor R&D Innovation Headquarters
• Accelerated the launching of innovative strategic projects
• Enriched and expanded the industrial innovation ecology
• Optimized corporate governance
• Strengthened the construction of the cadre team
• Strengthened the training and motivation of the talent team
• Improved environmental management system and environmental protection technology
• Promoted green manufacturing and energy efficiency benchmarking projects

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• New energy vehicles

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Governance
• Environmental
• Social

Environmental Achievements

• Installed photovoltaic capacity reached 260MW, with an annual power generation of up to 247 million kWh, equivalent to reducing carbon emissions by 141 thousand tons per year.
• Directly purchased green electricity of 523.16 million kWh.
• Subsidiaries obtained a total of 31 national or provincial-level certifications of Green Factory, Green Product, Green Supply Chain, or China Environmental Labeling Product.
• Pilot Plant in SRIH achieved "Carbon Neutrality" in its operations and obtained the "Zero Carbon Factory Certification"
• Energy consumption per 10,000 yuan output value decreased by 9%

Social Achievements

• Invested over 650 million yuan in safety production in 2023 and achieved 100% full coverage of employee physical examinations.
• Total investment in various social welfare is 50.028 million yuan, benefiting over 240,000 people.
• Complaint response rate of 100% and Complaint closure rate of 100%
• Collective contract coverage rate of 100%
• Medical examination coverage rate of 100%
• 0 work-related fatalities and 0 serious accidents
• The proportion of female employees nearly 20%
• The coverage rate of the Special Collective Agreement for Female Employees exceeded 95%

Governance Achievements

• Revised the basic management systems, such as the Company Articles of Association, policies regarding the connected transaction management and fundraising management.
• One external director was introduced to the Board, three new vice presidents were appointed to diversify the management team, and the chief legal counsel was employed to serve as the senior management personnel of the Company.
• Since 2013, the Company has successively obtained the rating of "Class A for Information Disclosure of Listed Companies" from the Shanghai Stock Exchange.

Climate Goals & Targets

Environmental Challenges

• Key components supply risks such as chip shortages
• Operational risks
• Financial asset management risks
• Foreign exchange risks
• Compliance risks for overseas subsidiaries
• Security risks for intelligent and connected matters
• Cyber and data security risks

Mitigation Strategies

• Relevant departments were requested to propose risk response plans and implementation measures with regular monitor of the progress.
• Established a comprehensive and effective internal control mechanism
• Established a sound compliance process
• Organized relevant companies and all employees to undergo professional training in order to enhance risk awareness

Supply Chain Management

Responsible Procurement

• Requires mass production suppliers to provide ISO 14001 system certification or an environmental commitment letter.
• Manufacturing suppliers for mass production are required to hold an IATF 16949 certification and pass the Purchasing Department's pre-qualification audit.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, Shanghai State-owned Assets Supervision and Administration Commission's Shanghai State-owned Holding Listed Companies Environmental, Social, and Governance (ESG) Indicator System, Shanghai Stock Exchange's Listed Company Self-regulation Guidelines No. 1 - Standardized Operations, Indicators Reference Systems for ESG Reports of Listed Chinese Central State-Owned Enterprises

Certifications: IATF16949, ISO 9001, ISO 14001, ISO 45001, ISO 27001, ISO 27701, R115

Sustainable Products & Innovation

• New energy vehicles (BEV, (Plug-in) Hybrid Electric Vehicle, and Fuel Cell Vehicle)

Awards & Recognition

• Ranked 84th on Fortune Global 500 in 2023
• Ranked 27th on Fortune China's Top 500 in 2023
• The 12th "China Charity Award" Donation Enterprise Award
• Top 20 ESG Pioneer Index of Chinese Automotive Industry in 2023
• Best Practice Cases of ESG for Public Companies in 2023
• Excellent Practice Cases of the Board of Directors of Public Companies in 2023
• Top Employers China 2023