浙江鼎力机械股份有限公司
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Green Manufacturing
- Green Products
- Green Park
- Green Travel
- Green Cycle
Environmental Achievements
- Renewable energy generation increased by 100.56%
- Hazardous waste disposal reduced by 62.91%
- Arm-type electrification rate increased to 73.36%, up 11.07 percentage points
Social Achievements
- Donation to support earthquake-stricken areas and other charitable causes, totaling 191.86 million yuan
- Participation in the "Love Leidian" education project and other social welfare projects
Governance Achievements
- Established four specialized committees under the board of directors: Strategy and ESG, Nomination, Audit, and Remuneration and Appraisal
Climate Goals & Targets
Environmental Challenges
- "Double anti" investigation risks
- Fluctuations in raw material prices
- Intensified industry competition
- International trade risks
- Risk of bad debts in accounts receivable
- Risks of underperformance in investment projects
Mitigation Strategies
- Cooperating with legal teams to respond to "double anti" investigations and expanding into overseas markets outside of trade friction
- Strengthening cost control, optimizing supply chains, and accelerating the localization of components
- Continuous innovation, improving product quality, and enhancing product services
- Utilizing financial instruments to mitigate exchange rate risks and expanding into emerging markets
- Strengthening customer credit management, implementing reasonable credit policies, and improving accounts receivable management
- Implementing measures to expand sales markets for new products
Supply Chain Management
Supplier Audits: 100% of new suppliers in 2023
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products
Sustainable Products & Innovation
- Full range of electric aerial work platforms
Awards & Recognition
- IPAF Annual Pioneer Award
- ACCESS M20 Global Aerial Work Platform Top 3 Manufacturers
- Global Construction Machinery Manufacturers Top 40
- IAPA Innovation Award
- IAPA Annual Product Award