Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Social Responsibility
• Governance

Environmental Achievements

• Invested in the construction of solar photovoltaic power segment, resulting in a cumulative installed capacity of 156 MW.
• Village-level photovoltaic poverty alleviation power station construction project provided impoverished mountain regions with access to clean and inexpensive energy.
• Reduced electricity use by around 30% in the module plant by installing a high-efficiency variable-speed water-cooled screw chiller.

Social Achievements

• Organized various cultural and sports activities to improve teamwork and foster a strong sense of belonging among employees.
• Provided training programs to improve employees’ knowledge and skills.
• Implemented a robust quality management system based on ISO 9001:2015.

Governance Achievements

• Established a set of standards regulating supplier selection and assessment, taking environmental and social factors into account.
• Established a comprehensive reporting and analysis mechanism to resolve and prevent problems.
• Adopted the Whistleblowing Policy and established reporting channels for employees and business partners.

Climate Goals & Targets

Environmental Challenges

• Reducing GHG emissions from vehicle use and refrigerant leakage.
• Managing waste generated during operations.
• Minimizing energy consumption while maintaining product performance and service quality.

Mitigation Strategies

• Required all vehicles to meet China IV and Euro IV emission standards or above.
• Utilized machinery and facilities that consume electricity instead of fossil fuels.
• Implemented energy conservation practices and regular inspection and maintenance of equipment.

Supply Chain Management

Responsible Procurement

• Supplier Management Measures
• Control Procedures of Material Procurement

Climate-Related Risks & Opportunities

Reporting Standards

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

Environmental Metrics

ESG Focus Areas

• Ecological/Environmental Protection
• Air Emissions and Management
• Wastewater Discharge and Management
• Energy Usage and Efficiency
• Solid Waste Handling and Management
• Water Source and Water Usage Efficiency
• Greenhouse Gas Emissions and Management
• Employees' Health and Safety
• Employment Policy and Employees’ Benefits
• Employees’ Development and Training
• Product and Service Quality
• R&D and Technological Product Innovations

Environmental Achievements

• Invested in and operated a total installed capacity of 315MW solar power systems, mainly providing residents of Jiangsu Province with green and low-cost energy.
• Reduced exhaust emissions from vehicles by ensuring all vehicles meet China IV or Euro IV emission standards or above.
• Introduced the use of electric machinery in the module plant to minimize exhaust gas generation.
• Consumed 794,760 kWh of electricity generated by a solar photovoltaic system, catering to 35% of the electricity demand of the module plant.
• Collected 74.98 tonnes of recyclables.

Social Achievements

• Formulated the Recruitment and Employment Management Standard to provide a fair recruitment process.
• Developed an employee welfare system including social insurance, housing provident fund, and various subsidies.
• Organized cultural and sports activities to enhance team spirit and communication.
• Provided various training programs for different business segments.
• Implemented the 6S Management Approach in office operations to sustain a safe working environment.

Governance Achievements

• Established a supplier management process to mitigate environmental and social risks in the supply chain.
• Adopted a zero-tolerance approach towards bribery and corruption.
• Established a Whistleblowing Policy and reporting channels.

Climate Goals & Targets

Environmental Challenges

• Ecological impacts from power plant construction.
• Potential social risks associated with construction projects.

Mitigation Strategies

• Incorporated environmental protection and soil and water conservation measures in project feasibility studies.
• Developed pollution control programs and implementation plans.
• Engaged with stakeholders to collect opinions on projects and performed risk assessments to mitigate social risks.

Supply Chain Management

Supplier Audits: 112 material suppliers and sub-contractors

Responsible Procurement

• Supplier Management Measures, Tendering Management Approach on Material Procurement, on-site inspections

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and services

Reporting Standards

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

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

• High-efficient and high-quality solar photovoltaic modules

Awards & Recognition

• Top 10 EPC Brands in China (Nanjing CNI Energy Engineering Company Limited)
• Influential Photovoltaic EPC/Owner (Nanjing CNI Energy Engineering Company Limited)

Environmental Metrics

ESG Focus Areas

• Environmental Management
• Employee Health and Safety
• Supply Chain Management
• Product Responsibility
• Anti-Corruption
• Community Investment

Environmental Achievements

• Reduced GHG emissions from 2,243.66 tonnes CO2e in 2019 to 3,552.68 tonnes CO2e in 2020 (Note: increase explained by new projects and updated data).
• Reduced non-hazardous waste from 35,430.00 tonnes in 2019 to 27,542.72 tonnes in 2020.
• Reduced water consumption by 22%.
• Recycled 7.12 tonnes of recyclables.
• 60MW Fishery-Solar Hybrid Project launched.
• 140 MW of grid integration capacity completed in 145MW Self-operating Wind Power Project.

Social Achievements

• Established an ESG Working Group.
• Achieved zero work-related fatalities and zero major equipment accidents.
• Provided at least 40 hours of safety training to all new employees.
• Organized safety knowledge competition.
• Donated HKD508,000 to various charities for poverty alleviation and pandemic relief.
• Nanjing CNI Energy Engineering Company Limited accredited as "Advanced Technology Enterprise".

Governance Achievements

• Established a comprehensive supplier management mechanism.
• Formulated Anti-Corruption Policy and Whistleblowing Policy.
• Organized anti-corruption training for Board and employees.
• No concluded legal cases regarding corrupt practices.

Climate Goals & Targets

Environmental Challenges

• Climate change impacts on power station operations (e.g., aging of photovoltaic modules, increased fire risk).
• Supply chain disruptions (not explicitly stated, but implied by supplier management focus).
• Pandemic impact on operations and training.

Mitigation Strategies

• Formulating policies to address climate change impacts.
• Comprehensive supplier management mechanism.
• Increased use of company vehicles to reduce pandemic risks.
• Cancelled some training sessions due to the pandemic.

Supply Chain Management

Supplier Audits: 22 raw material suppliers and 26 construction subcontractors evaluated.

Responsible Procurement

• Contracts with suppliers include requirements on environmental protection, product and service quality, safety production and anti-bribery.

Climate-Related Risks & Opportunities

Physical Risks

• Rising temperatures accelerating aging of photovoltaic modules; high temperature and dry weather increasing fire likelihood.

Transition Risks

• Not disclosed

Opportunities

• Development of diversified renewable energy businesses.

Reporting Standards

Frameworks Used: 2016 edition of Appendix 27 Environmental, Social and Governance Reporting Guide to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Photovoltaic modules

Awards & Recognition

• Most Growth-oriented Financial Leasing Enterprise Award (CNEC Financial Leasing (Shenzhen) Co. Ltd.), 2019 PVBL Top 10 ranking of the most valuable power station EPC brands (CNI (Nanjing)), "2020 Influential Photovoltaic EPC/Owner" and "2020 Influential Photovoltaic Electronic Operation and Maintenance Brand" (CNI (Nanjing)), "Caring Enterprise for Poverty Alleviation" (Jianchuan County government).

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Product Quality
• Employee Development
• Supply Chain Management
• Anti-corruption

Environmental Achievements

• Generated 589,000,000 kWh of electricity from solar and wind power.
• Reduced various air pollutant emissions (CO2, SOx, NOx) from the Suining County wind power project.
• Total GHG emissions of 2,185.81 Tonnes CO2e (Scope 1: 43.21, Scope 2: 2,141.41, Scope 3: 1.19).

Social Achievements

• Established an ESG Working Group to oversee ESG issues.
• Implemented anti-corruption policies and training programs.
• Achieved zero work-related fatalities and zero major equipment accidents.
• Provided 29.86 average training hours per employee.

Governance Achievements

• Established an ESG Working Group.
• Implemented anti-corruption policies, including a Whistleblowing Policy.
• Conducted regular anti-corruption training for directors and employees.

Climate Goals & Targets

Environmental Challenges

• Product and service quality risks due to inadequate design or service standards.
• Infectious disease risks (COVID-19) affecting project operations and supply chains.
• Corruption and fraud risks.
• Climate change risks (long-term, market, and reputational).

Mitigation Strategies

• Established a quality management system (GB/T 19001-2016/ISO 9001:2015).
• Formulated prevention and control guidance documents for COVID-19.
• Implemented anti-corruption policies, including the Anti-Corruption Policy, Regulation on Gift Acceptance and Registration, and Whistleblowing Policy.
• Engaged an external consultant to integrate climate change into operational risk assessment and management.

Supply Chain Management

Supplier Audits: 29 material suppliers and 19 engineering contractors assessed annually.

Responsible Procurement

• Supplier Management Measures and Tendering Management Approach on Material Procurement.
• Contracts with suppliers include requirements on environmental protection, product and service quality, safety production, and anti-bribery.

Climate-Related Risks & Opportunities

Physical Risks

• Long-term changes in climate patterns (e.g., sustained high temperatures, frequent rainfall).

Transition Risks

• Significant increase in the cost of raw materials.
• Uncertainties in market signals and changes in customer preferences.

Opportunities

• Not disclosed

Reporting Standards

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

Certifications: ISO 14001, ISO 9001, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Advanced Group for Combating the pandemic
• CNI (Nanjing) ranked third in the “2020 PV Station Investor Brand Value”, 12th in the “2020 PV Power Plant EPC Brand Value”, and received three awards in the “Polaris Cup” annual influence selection.

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Operational Culture
• Development Quality
• Talent Management
• Community Building

Environmental Achievements

• Generated 822 million kilowatt-hours of electricity in 2022, a 234 million kilowatt-hour increase from 2021.
• Added cleaning pipe network system at distributed photovoltaic power stations to save cleaning water.
• Set up recycling material collection areas to collect recyclable waste.

Social Achievements

• Zero work-related fatalities, major equipment accidents, occupational diseases, and fire accidents in 2022.
• Held various employee activities to strengthen team spirit and create a good working environment.
• Donated epidemic prevention materials worth RMB772,700 to Zhenkang District, Yunnan Province.

Governance Achievements

• Established an ESG Working Group to oversee ESG issues.
• Formulated various internal management documents to ensure compliance with business ethics and laws.
• No concluded legal cases regarding corrupt practices against the Group or its employees in 2022.

Climate Goals & Targets

Environmental Challenges

• Infectious disease risk (COVID-19) affecting project operations and supply chain.
• Corruption and fraud risk.
• Cyber incidents affecting business stability and reputation.
• Climate change and extreme weather endangering assets and affecting operations.
• Technology and product development and innovation failures.
• Compliance and business ethics management challenges.
• Product and service quality risks.

Mitigation Strategies

• Formulated prevention and control guidance documents for COVID-19.
• Formulated Anti-corruption and Bribery Policy, Regulation on Gift Acceptance and Registration, and Whistleblowing Policy.
• Formulated Information Technology System and Computer Information Security Management Standards.
• Formulated Notice on Prevention of Heat Stroke in High Temperature.
• Formulated Measures for the Management of Scientific Research Projects.
• Formulated Employee Handbook and Regulation on Gift Acceptance and Registration.
• Established a quality management system in accordance with GB/T 19001-2016/ISO 9001:2015.

Supply Chain Management

Responsible Procurement

• Supplier Management Measures

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Transition Risks

• Market shifts

Reporting Standards

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

Certifications: ISO 14001, ISO 9001, ISO 45001

Awards & Recognition

• Influential Photovoltaic Developers and Investors/EPC Brand
• Influential Photovoltaic Power Station Operation and Maintenance Brand
• PV – Box – Leading Investor Award
• PVBL2022 Top 20 Global PV EPC Integrated Brand
• PVBL2022 Top 20 Global Power Plant Investment and Developer Brand