Climate Change Data

Haitian International Holdings Limited

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:75,244.79 tCO2e/year
Scope 1 Emissions:3,196.09 tCO2e/year
Scope 2 Emissions:72,048.70 tCO2e/year
Renewable Energy Share:25.25% (Tongtu Road Plant, Sept-Dec 2022)
Total Energy Consumption:145,621.56 MWh/year
Water Consumption:323,161.00 tonnes/year
Waste Generated:25,445.45 tonnes/year (non-hazardous), 1,391.31 tonnes/year (hazardous)
Carbon Intensity:0.0611 tCO2e/Output per RMB10,000 revenue

ESG Focus Areas

  • Governance
  • Responsible Operation
  • Green Production
  • Employees’ Rights and Interests
  • Public Welfare

Environmental Achievements

  • Achieved a 6.4% reduction in carbon emissions per RMB10,000 revenue and a 13.9% reduction in total hazardous waste.
  • Successfully created the first batch of “Zero-Waste Plant” in Ningbo.
  • Completed rooftop photovoltaic (PV) project at Tongtu Road Plant, generating 5,775 MWh of electricity.

Social Achievements

  • Employee satisfaction rate of 89.9%
  • Provided more than 6,300 units of talent apartments and public rental housing for employees.
  • Conducted 1,254 internal training sessions and 42 training sessions with external lecturers.

Governance Achievements

  • Established a three-tier ESG governance structure.
  • MSCI ESG Rating upgraded from CCC to BB.
  • Awarded Bronze medal from EcoVadis Sustainability Rating.

Climate Goals & Targets

Medium-term Goals:
  • Reduce carbon emissions, energy consumption, and hazardous waste emissions by 7.5% from 2021 levels (2025 target).
Short-term Goals:
  • Reduce carbon emissions, energy consumption, and hazardous waste emissions by 2% year-on-year (2022 target).

Environmental Challenges

  • Complex and volatile external environment and recurrent outbreaks of COVID-19 in China.
  • Extreme weather events threatening safety, disrupting supply chains, and increasing electricity costs.
  • Stringent laws and regulations on carbon emissions and energy efficiency standards increasing expenditures.
Mitigation Strategies
  • Prepared contingency plans for emergencies, including extreme weather events.
  • Continuously improved environmental management systems to ensure compliance with energy-saving and emission-reducing measures.
  • Actively invested in and developed clean technology, prioritizing environmentally friendly raw materials.

Supply Chain Management

Supplier Audits: Annual reviews of suppliers’ compliance with environmental regulations, safety responsibilities, and social responsibilities.

Responsible Procurement
  • Standard supplier agreement
  • Supplier Administrative Rules for Safety, Environmental Protection and Social Responsibility
  • Haitian Group Supplier Safety and Environmental Protection Management Measures
  • Haitian Group Plastic Machinery Supplier Social Responsibility Guidelines
  • Haitian Group Supplier Social Responsibility Commitment Letter

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (rainstorms, typhoons, floods)
Transition Risks
  • Increased expenditures due to stricter emission regulations and energy efficiency standards; changes in market demands and requirements for clean technology.
Opportunities
  • Development of energy-efficient products and clean technologies.

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited)

Certifications: ISO 9001, ISO 14001, ISO 45001, Multi-level Protection of Information Security (Level 2)

Sustainable Products & Innovation

  • Fully electric VE5500III plastic injection moulding machine
  • HA series PIMMs
  • MA/K ultra-high speed PIMM
  • JUIII series PIMMs
  • Fifth generation (G5) machines

Awards & Recognition

  • MSCI ESG Rating (BB)
  • EcoVadis Sustainability Rating (Bronze Medal)
  • Certificate of the Top 100 China Machinery Industry Company
  • Top 30 Enterprises with Comprehensive Strength of China’s Plastics Machinery Manufacturing Industry
  • Top 19 Enterprises of China’s Plastic Injection Moulding Machinery Industry
  • Top 100 Private Enterprises in Zhejiang for R&D Investment
  • The 14th among Ningbo’s Top 100 Enterprises in Manufacturing Industry
  • The 20th among Ningbo’s Top 100 Enterprises with Comprehensive Strengthen
  • The Outstanding Contribution Award by Ningbo Beilun District Charity Federation