Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Increased PV installed capacity by 4,150.36 kW (709.04% increase rate)
• Improved energy efficiency by 15% in manufacturing and 20% in administrative departments
• Saved 1.5 million kWh of electricity annually through waste heat recovery
• Achieved 100% disposal of hazardous waste
• Zero chemical leakage accidents
• Zero air pollution accidents
• Up-to-standard noise emissions at the factory boundary

Social Achievements

• Implemented a comprehensive employee incentive system
• Granted 9,351,936 shares of restricted stock to 1,109 incentive recipients
• Provided more than 20,000 person-time of employee training
• Zero employee deaths due to work-related health issues
• Seven recordable workplace injuries (zero lost-time and severe accidents)

Governance Achievements

• Updated 22 internal governance rules and systems
• Obtained ISO27001 Compliance certification for information security
• Implemented an electronic signing platform for contract management
• Zero information security incidents
• Two corruption incidents reported, with actions taken

Climate Goals & Targets

Environmental Challenges

• Demand and industry inventory challenges
• Risks such as rare core materials, weak competition in program design, long procurement cycle and high prices of non-core materials in OEM cooperation

Mitigation Strategies

• Increased R&D investment in key new areas and accelerated implementation of overseas businesses
• Clearly set out a strategy to reduce costs and increase efficiency
• Strengthened machine and system solution capabilities and increased the value volume of products
• Accurately identified market demands and enhanced the value chain by self-defined products
• Quickly identified customer's risky material list, recommended substitutes, and completed preparation, selection, internal inspection, and customer review in OEM cooperation

Supply Chain Management

Supplier Audits: 100% of target suppliers assessed for CSR; 100% of official manufacturers on-site audited

Responsible Procurement

• Commitment on not Using Conflict Minerals
• Supplier Code of Conduct
• Sustainable Purchase Charter

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products
• Expansion of PV and energy storage inverter technology platforms
• Active practice of carbon finance innovation

Reporting Standards

Frameworks Used: GRI Standards, TCFD

Certifications: ISO 14001, ISO 45001, ISO27001, QC080000

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7: Affordable and clean energy
• Goal 9: Industry, innovation and infrastructure
• Goal 11: Sustainable cities and communities
• Goal 12: Responsible consumption and production
• Goal 13: Climate action

Topband's initiatives contribute to these goals through energy efficiency improvements, renewable energy adoption, waste reduction, responsible supply chain management, and product innovation

Sustainable Products & Innovation

• DC charging piles
• All-in-one industrial and commercial storage products
• Lithium and sodium batteries
• PV, energy storage and charging solution

Awards & Recognition

• Shenzhen Industrial Award
• China Manufacturing Champion
• Top 100 IoT Enterprises in China
• Best Energy Storage Battery Supplier
• Made in China Invisible Champion
• The 24th China Patent Award
• No. 65 in Top 500 Manufacturing Enterprises in Guangdong
• TTI Supplier Excellence Awards
• Shenzhen Water-Conservation Enterprise
• EcoVadis Bronze Medal
• CCXGF ESG Rating: A+
• Most Socially Responsible Listed Company