Sunwoda Electronic Co.
Climate Impact & Sustainability Data (2020, 2022)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:275,888.12 tCO2e/year
Scope 1 Emissions:7,425.77 tCO2e/year
Scope 2 Emissions:268,462.34 tCO2e/year
Total Energy Consumption:1,333,904.11 GJ/year
Water Consumption:1,501,840 tonnes/year
Waste Generated:11,794.38 tons/year (industrial), 5,720.47 tons/year (domestic)
ESG Focus Areas
- Environmental Management
- Social Responsibility
- Governance
Environmental Achievements
- Sunwoda and its 11 subsidiaries obtained ISO14001 Environmental Management System Certification.
- Sunwoda achieved a 10% reduction in energy consumption per ten thousand output value compared with 2019.
- 97.13% of industrial waste was recycled and 100% of hazardous waste was transferred.
- Achieved the goal of “zero-landfill” with 100% waste conversion rate.
Social Achievements
- Donated RMB 10 million to support pandemic control efforts in severely affected areas.
- Donated RMB 200,000 to the Chief Minister's Distress Relief Fund in India.
- Recruited 1,070 employees from Guangxi to promote local employment.
- Provided social responsibility training for 66 suppliers with 756 person-times.
- Provided 1,200 employees with free health checkups and other screening programs.
Governance Achievements
- Established an independent CSR Management Committee.
- Established a comprehensive anti-fraud management system.
- Implemented integrity policy for all employees and suppliers.
- Improved intellectual property protection and management system.
Climate Goals & Targets
Environmental Challenges
- Global outbreak and spread of COVID-19.
- Maintaining sustainable supply chain practices.
Mitigation Strategies
- Established the Pandemic Prevention and Control Headquarters.
- Implemented various pandemic prevention measures and policies.
- Established internal policies for supplier evaluation and monitoring.
- Provided social responsibility training to suppliers.
Supply Chain Management
Supplier Audits: 352 suppliers reviewed in 2020
Responsible Procurement
- Requires suppliers to acquire ISO9001 and ISO14001 certifications.
- Requires suppliers to meet SA8000 and RBA Code of Conduct standards.
- Conflict minerals management implemented.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: CASS-CSR4.0, GRI Sustainability Reporting Standards, Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, UN Sustainable Development Goals
Certifications: ISO 14001, ISO 45001, ISO 9001, QC080000, ISO/IEC 27001, TISAX (VDA-ISA), UL2799 Waste Zero-Landfill Platinum Certification
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 9 (Industry, Innovation, and Infrastructure)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
The report mentions the Group's contributions to these goals through various initiatives.
Awards & Recognition
- CBIS2020 Technology Innovation Award
- China Battery Industry 2020 Innovation Award
- Gold Award at the 2020 World Battery Industry Expo
- Luban Prize awards
- Huawei Excellent Quality Award
- 2020 Best Employer in China
- Guangdong Creditable Enterprise
- 2020 Shenzhen 40 Most Respected Listed Companies in 40 years
- 2020 Most Influential Enterprise in Energy Storage Industry in China
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Clean Transportation
- Energy Efficiency
- Renewable Energy
- Sustainable Water Management
- Green Buildings
- Waste prevention, minimization, recycling
Environmental Achievements
- Received ISO 14064 Green Factory Certification
- Aims to reduce carbon emissions from transportation by 42.37 million tons by 2040
- Targets to reduce carbon emissions by 6.84 tons by 2030
- Passed UL2799 Zero Waste to Landfill Platinum Operations, committing to reduce waste within production processes
- Recycles all waste raw materials into resources, creating economic and environmental benefits amounting to approximately RMB 2.6 million per year
Social Achievements
- High labor, health and safety standards for own employees and contractors
- Abides to International Labor Organization Declaration on Fundamental Principles and UN Global Compact
- Respects and protects the legitimate rights and interests of its employees
- Signs labor contracts with 100% of its employees
- ISO 45001 certification for all assets financed under the framework
Governance Achievements
- Established a Dual-Carbon Strategy Committee and the Dual-Carbon Management Office
- Has an ESG Management Committee, with the Chairperson of the Board of Directors as the Chairperson of the Committee
- Signatory to the United Nations Global Compact
- Committed to the Science Based Targets initiative (SBTi)
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by 2050
Short-term Goals:
- Reduce carbon emissions by 6.84 tons by 2030
Environmental Challenges
- ESG risks associated with the project categories
- Potential negative externalities of the Issuer’s sector
Mitigation Strategies
- ESG risks are identified and managed through an appropriate process
- Projects selected show alignment with the sustainability strategy of the Issuer
- Measures in place systematically ensuring that assets financed under this framework provide for high labor and health and safety standards in the supply chain
- Environmental Management System in place ensuring that assets financed under this framework meet high environmental standards and requirements in the supply chain
- Environmental Impact Assessment (EIA) conducted for all assets
Supply Chain Management
Responsible Procurement
- Adherence to the code of conduct of the Responsible Business Alliance (RBA)
- Due diligence on the supply chain for the procurement of five minerals, including tantalum, tin, tungsten, gold (3TGs) and cobalt
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, CASS-ESG 5.0
Certifications: ISO 14064, ISO 45001, ISO 14001, ISO 50001, UL2799 Zero Waste to Landfill Platinum Operations
UN Sustainable Development Goals
- Goal 7
- Goal 9
- Goal 11
- Goal 12
- Goal 13