Climate Change Data

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