Fangda Carbon New Material Co., Ltd.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Water Consumption:352,400 tons (wastewater discharged)
ESG Focus Areas
- Environmental protection
- Rural revitalization
Environmental Achievements
- Upgraded and reconstructed equipment and processes to reduce pollutant emissions
- Carried out energy saving and emission reduction projects, including oil-to-electricity conversion of forklifts and promoting green office practices
- Actively utilized waste heat to reduce natural gas use and carbon emissions
- Improved the utilization rate of water resources recycling
Social Achievements
- Implemented six industrial aid projects in Dongxiang County to promote poverty alleviation and rural revitalization
- Provided skills training, exchanges, and visits to help workers improve skills and consolidate poverty alleviation results
Governance Achievements
- Strictly complied with the requirements of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and other relevant laws and regulations
- Continuously improved corporate governance structure and institutional norms system
- Strengthened information disclosure work
Climate Goals & Targets
Environmental Challenges
- Weak demand in the downstream market
- Fluctuations in the prices of upstream raw materials
- Stricter environmental protection governance requirements
- Exchange rate fluctuations affecting export volume
- Slow recovery of the global economy and geopolitical tensions
Mitigation Strategies
- Market-oriented, precise measures, innovation and change
- Implemented clean production program and upgraded environmental protection equipment
- Matching foreign currency income with expenditure to reduce exchange rate risk
- Adapting to the new trend of industry development, optimizing product structure, and accelerating technological innovation
- Paying close attention to macroeconomic policies
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- 2023 Gansu Top 50 Private Enterprises
- Twice awarded the province's industrial economy and stable growth of outstanding contribution to the enterprise
- National high-tech enterprise certificate