Shanghai INT Medical Instruments Co., Ltd.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:7,367 tCO2e/year
Scope 1 Emissions:48 tCO2e/year
Scope 2 Emissions:7,319 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:13,105,506 kWh/year
Water Consumption:88,400 m3/year
Waste Generated:15,433 kg hazardous waste + 37,620 kg non-hazardous waste
Carbon Intensity:0.10 tCO2e/RMB ten thousand (revenue)
ESG Focus Areas
- Product responsibility
- Supply chain management
- Information security and privacy protection
- Occupational health and safety
- Excellent customer service
- Direct energy
- Indirect energy
- Water management
Environmental Achievements
- Reduced non-methane hydrocarbon emissions by 0.04 tons/year (17.3% reduction rate compared to 2019)
- Installed a photovoltaic system generating 62 MWh of electricity
- Eliminated one fuel vehicle and purchased two new energy vehicles
Social Achievements
- Provided suitable jobs for 8 disabled persons
- Maintained a high overall customer satisfaction rate of 96.24%
- Held 17 large sessions of safety production education, with employee coverage exceeding 98%
- Conducted 316 offline training courses with 2,625 participants and 68 online trainings with 783 participants
- Distributed over 4,800 gifts to employees during the year
Governance Achievements
- Established a top-down ESG governance structure with the Board of Directors as the highest responsible and decision-maker
- Formulated Administrative Measures for Anti-corruption and Anti-bribery and updated corresponding rules and regulations
- Conducted 2 anti-corruption trainings with 290 participants
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero carbon emissions (detailed plans and targets to be developed).
Medium-term Goals:
- Further improve water efficiency, reduce absolute consumption, and increase the use of recycled water through waste water recycling.
- Further improve the automation of our production and scale up the application of automation to improve energy efficiency.
Short-term Goals:
- Zero accidents of serious injuries and fatalities in production; zero fire, explosion and traffic accidents; zero incidence of occupational diseases.
- Improve customer order delivery, shorten the delivery cycle, with order timely completion rate ≥ 90%; enhance inventory management.
- Batch complaint rate controlled within 5%; customer satisfaction rate of 90% or above.
Environmental Challenges
- Technology risk: Rapid changes in the medical device industry due to new technologies may impact market share.
- Regulatory and policy change risk: Changes in regulations and policies may significantly impact the Company’s business.
- Financial risk: Liquidity, foreign exchange movements, and interest rate changes may affect operations.
- Strategic operational risk: Failure to keep up with market demand or competition may affect market position.
- Market/business environment risk: Changes in policies, economic situations, and social factors may affect operations.
- Operational risk: Production safety, product quality, and supply chain management issues may lead to disruptions.
- Compliance risk: Non-compliance with laws and regulations may result in fines or legal proceedings.
Mitigation Strategies
- Increased R&D investment to maintain technological leadership and update products.
- Strengthened R&D innovation to improve product value and margins; established a tracking mechanism for policies and regulations.
- Established close cooperation with financial institutions and diversified financing channels; implemented reasonable foreign exchange management.
- Continuous R&D and innovation; conducted market research and maintained close communication with customers.
- Established a tracking mechanism for policies and regulations; strengthened communication with government departments.
- Improved product quality management; established long-term relationships with reliable suppliers.
- Established a sound internal compliance mechanism; strengthened compliance training and conducted regular compliance reviews.
Supply Chain Management
Supplier Audits: 8 on-site re-inspections in 2023; 100% coverage for new suppliers
Responsible Procurement
- Supplier qualification investigation and on-site inspection; consideration of supplier sustainability; environmental protection standards; preference for environmentally friendly products.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (typhoons, floods, high temperatures) affecting production, delivery, and supply chain.
Transition Risks
- Changes in energy prices and greenhouse gas emissions allowances affecting production and sales.
Opportunities
- Development of energy-efficient products and processes.
Reporting Standards
Frameworks Used: Appendix C2 the Environmental, Social and Governance Reporting Guide of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited
Certifications: ISO14001 (for some suppliers)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Hanchor Valve trans-catheter aortic valve system
Awards & Recognition
- Not disclosed