ENVIRONMENTAL, SOCIAL and GOVERNANCE REPORT 2021

Year: 2021
Published: 2022-05-31
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2020 2021 Report Pages
Air pollutants emissions % -5 32
Nitrogen oxides (NOx) emission reduction rate (%) % 81.6 84.1 56
Nitrogen oxides (NOx) emissions (tonnes) tonnes 4105 3568 56
Nitrogen oxides emissions year-on-year percent change -13.1 33
Particulates (smoke and dust) emissions (tonnes) tonnes 260 133 56
Reduction in nitrogen oxide emissions per unit of solar glass production % -21.6 4
Reduction in particulate matter emissions per unit of solar glass production % -13.4 4
Reduction in sulfur dioxide emissions per unit of solar glass production % -9.6 4
Smoke and dust emissions year-on-year percent change -48.9 33
Sulphur dioxide (SO2) emissions (tonnes) tonnes 1482 1386 56

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2020 2021 Report Pages
Annual carbon emission reduction from new grid-connected capacity of 580MW % 32.5 21
Direct emissions (scope 1) (tonnes of CO2 equivalent) tonnes of CO2 equivalent 1912360 2417539 56
Greenhouse gas emission per unit of solar glass production % -2.7 4
Greenhouse gas emissions from solar glass production as percentage of previous year 92.1% 7
Greenhouse gas emissions intensity (kg CO2 equivalent/m2 of finished product) kg CO2 equivalent/m2 of finished product 7.04 6.56 56
Greenhouse gas emissions per unit of finished goods kilograms of carbon dioxide equivalent 6.56 33
Greenhouse gas emissions per unit of revenue % -17.7 4
Indirect emissions (scope 2) (tonnes of CO2 equivalent) tonnes of CO2 equivalent 610553 832090 56
Intensity of greenhouse gas emissions % -6.8 32
Reduction in carbon dioxide emissions from solar farms %, thousand tonnes 33 4
Scope 1 carbon emissions per unit of finished goods percent year-on-year change -7.2 33
Scope 1 greenhouse gas emissions per unit of finished goods (calculated by square meters) year-on-year percent change -7.2 33
Scope 2 carbon emissions per unit of finished goods percent year-on-year change -5.8 33
Total greenhouse gas emissions (tonnes of CO2 equivalent) tonnes of CO2 equivalent 2522913 3249629 56

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2020 2021 Report Pages
Hazardous waste generated (tonnes) tonnes 92 112.9 56
Hazardous waste intensity (g/m2 of finished product) g/m2 of finished product 0.27 0.23 56

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2020 2021 2030 2050 Report Pages
CO2 Emissions (Neutral Scenario) Gt 34 36 36 25
CO2 Emissions (Positive Scenario) Gt 30 22 25
Non-hazardous waste intensity (g/m2 of finished product) g/m2 of finished product 47.4 77.9 56
Non-hazardous wastes generated (tonnes) tonnes 16200 38557 56
Paper and paper boxes (tonnes) tonnes 12828 18857 55
Product weight recovered during the Reporting Period (tonnes) N/A 50

Description of emissions target(s) set and steps taken to achieve them.

Indicator Unit 2020 2021 2025 2030 2050 after 2030 until 2050 Report Pages
CO2 emission reduction (thousand tonnes) thousand tonnes 2323.7 3074.7 56
CO2 emissions reduced by solar farms held by the Group tonnes 3075000 7
CO2 emissions reduction from the power generation of solar farms as a percentage of total CO2 emissions from solar glass production % 95.4 21
Carbon Price (Ideal Scenario) China USD/tCO2 45 90 200 25
Carbon Price (Neutral Scenario) Weighted global average price USD/tCO2 25 10 25
Carbon Price (Positive Scenario) Weighted global average price USD/tCO2 50 80 200 25
Global CO2 emissions from energy-related and industrial process reduction by 2050 (Ideal Scenario) net zero 24
Group's greenhouse gas emissions per unit of product decrease compared to the base year % -17.7 21
Group's greenhouse gas emissions per unit of product year-on-year decrease % -8.8 21
Particulates (smoke and dust) emission reduction rate (%) % 83.4 91.7 56
SO2, NOx, and smoke and dust emissions reduction % 6.4 22
SO2, NOx, and smoke and dust emissions reduction increased % 91.7 22
Share of global emissions reduction from electrification, hydrogen use and carbon capture technology after 2030 (Ideal Scenario) percent 50 24
Share of global emissions reduction from energy efficiency, wind and solar energy before 2030 (Ideal Scenario) percent 50 24
Sulphur dioxide (SO2) emission reduction rate (%) % 60.5 66.6 56

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2019 2020 2021 2022 2030 2050 Report Pages
Annual power generation of solar farms GWh 646 4
Annual power generation of solar farms (million kWh) million kWh 2772.9 3695.5 56
Clean energy and renewable energy share of Group's total direct energy consumption percent 99.9 33
Commercial and self-use distributed solar projects installed capacity MW 229 7
Direct energy consumption (MWh) MWh 6516001 8533205 55
Electricity demand of households to be met (thousand households) thousand households 1386.5 1539.8 56
Energy consumption intensity (kWh/m³ of finished product) kWh/m³ 20.56 19.73 55
Energy consumption intensity of finished products kWh/m², year-on-year percent change 19.73 33
Energy consumption per unit of solar glass production % -4.4 4
Energy generated from renewable sources % -6.8 4
Equivalent to standard coal savings (thousand tonnes) thousand tonnes 849.6 1126.8 56
Expected total daily melting capacity of solar glass production lines by end of 2022 tonnes 21800 7
Gasoline/diesel share of energy use (%) % 0.09% 0.06% 55
Indirect energy consumption (MWh) MWh 883597 1235419 55
Installed capacity of solar farms MW 580 4
Intensity of energy consumption % -4 32
Natural gas share of energy use (%) % 95.29% 95.37% 55
New PV installations in 2020 GW 134 30
Projected cumulative PV installation capacity (end of 2020) GW 800 30
Projected cumulative PV installation capacity (end of 2050) GW 14000 30
Projected new PV installations in 2030 GW 630 30
Renewable energy utilization rate % 48.2 4
Residual heat power generation share of energy use (%) % 2.76% 3.16% 55
Share of total electricity consumption for solar glass production from distributed PV power generation percent 7.4 33
Share of total electricity consumption for solar glass production from residual heat power generation percent 16.6 33
Solar power generation share of energy use (%) % 1.86% 1.41% 55
Total daily melting capacity tonnes 7800 13800 55000 30
Total diesel fuel consumption year-on-year percent change -7.4 33
Total electricity generated by solar farms held by the Group kWh 3695000000 7
Total energy consumption (MWh) MWh 7399582 9768244 55
Total installed capacity of solar farms held by the Group MW 4073 7
Total power generation from distributed PV power generation percent year-on-year increase 51 33
Total power generation from residual heat percent year-on-year increase 500 33
Utility-scale ground-mounted solar farm projects installed capacity MW 3844 7
Utility-scale solar farm projects newly added MW 540 22

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2020 2021 Report Pages
Capacity ratio in areas with high/extremely high baseline water pressure (%) % 0% 55
Domestic water consumption (million m³) million m³ 0.283 0.243 55
Production water consumption (million m³) million m³ 6.069 7.959 55
Reduction in water consumption per unit of solar glass production % -9.6 4
Total water consumption (million m³) million m³ 6.352 8.202 55
Utilisation rate of recycled water % 95.6 22
Utilisation rate of recycled water (%) % 95.0% 95.6% 55
Water consumption intensity (m³/m³ of finished product) m³/m³ 0.019 0.017 55
Water intensity of finished products m³/m² year-on-year change -0.017 33
Water intensity of finished products (adjusted) m³/m² 0.019 33

Description of energy use efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2021 Report Pages
Energy savings rate % 95.6 4
Group investment in energy-saving renovation and production equipment and systems million RMB per annum 280 33

Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2020 2021 Report Pages
Water recycling rate percent 95 95.4 33

Total packaging material used for finished products (in tonnes) and, if applicable, with reference to per unit produced.

Indicator Unit 2020 2021 Report Pages
Other packaging materials (tonnes) tonnes 56 83 55
Packing materials usage % -2.7 32
Packing products used per unit (g/m³ of finished products) g/m³ 111 108 55
Plastic, plastic strips and plastic tapes (tonnes) tonnes 7664 7193 55
Total amount of packing materials used (tonnes) tonnes 37880 53608 55
Utilisation rate of paperless packaging % 34.4 22
Utilisation rate of paperless packing (%) % 43.6% 34.4% 55
Wood, wood slats and wood pallets (tonnes) tonnes 17352 27475 55

Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.

Indicator Unit 2020 2021 2022 Report Pages
Equivalent to the amount of trees planted (thousand trees) thousand trees 101031.1 133680.4 56
Ranking in Global 100 Most Sustainable Corporations in the World (Corporate Knights) mainland China rank, world rank 1 8
Solar glass production capacity tonnes/day 10000 4
Solar glass production volume million tonnes/year 3.88 4

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Indicator Unit 2020 2021 Report Pages
Direct economic value retained (HK$ million) HK$ million 2831 3180 49
Dividend per share (HK cents) HK cents 25.5 27 49
Employees by age group (%) - 30 or below % 43 40.8 51
Employees by age group (%) - 31-40 % 33.3 33.4 51
Employees by age group (%) - 41-50 % 18.5 20.5 51
Employees by age group (%) - 51 or above % 5.2 5.3 51
Employees by employee category (%) - General employee % 97.8 98.4 51
Employees by employee category (%) - Middle management % 1.8 1.2 51
Employees by employee category (%) - Senior management % 0.4 0.4 51
Employees by employment type (%) - Full-time % 100 100 51
Employees by employment type (%) - Part-time N/A N/A 51
Employees by gender (%) - Female % 16 19.9 51
Employees by gender (%) - Male % 84 80.1 51
Employees by geographical region (%) - Mainland China % 83.5 87.4 51
Employees by geographical region (%) - Malaysia % 15.7 12.4 51
Employees by geographical region (%) - Other regions % 0.8 0.2 51
Number of employees 5079 7072 51

Employee turnover rate by gender, age group and geographical region.

Indicator Unit 2020 2021 Report Pages
Turnover rate of employees (%) % 19.7 27.5 52
Turnover rate of employees by age group (%) - 30 or below % 27.9 37.6 52
Turnover rate of employees by age group (%) - 31-40 % 15.2 22.6 52
Turnover rate of employees by age group (%) - 41-50 % 10.4 19.9 52
Turnover rate of employees by age group (%) - 51 or above % 13.5 9.7 52
Turnover rate of employees by gender (%) - Female % 12.5 27.7 52
Turnover rate of employees by gender (%) - Male % 21.1 27.5 52
Turnover rate of employees by geographical region (%) - Mainland China % 19.7 26.7 52
Turnover rate of employees by geographical region (%) - Malaysia % 19.1 33.4 52
Turnover rate of employees by geographical region (%) - Other regions % 26.2 6.3 52

Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.

Indicator Unit 2019 2020 2021 Report Pages
Number of employee deaths from accidents 2 22
Number of fatal accidents 2 22
Number of work-related fatalities 2 52
Number of work-related injuries 5 4 15 52
Work injury rate N/A N/A 0.65 52
Work-related fatal accident rate N/A N/A 0.028 52
Work-related injury rate 0.65 22

Lost days due to work injury.

Indicator Unit 2019 2020 2021 Report Pages
Lost workdays ratio 23.4 22
Number of work days lost 959 734 1657 52
Number of workdays lost due to work-related injuries per 100 full-time employee equivalent 26 14.5 23.4 52

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Indicator Unit 2020 2021 Report Pages
Number of employees trained 31171 39645 53
Percentage of employees trained (Female) 12.0% 20.5% 53
Percentage of employees trained (General employees) 99.1% 99.58% 53
Percentage of employees trained (Male) 88.0% 79.5% 53
Percentage of employees trained (Middle management) 0.8% 0.39% 53
Percentage of employees trained (Senior management) 0.1% 0.03% 53

The average training hours completed per employee by gender and employee category.

Indicator Unit 2020 2021 Report Pages
Average hours of training received by employees hours 8.5 6.8 53
Average hours of training received by employees (Female) hours 6.4 6.2 53
Average hours of training received by employees (General employees) hours 8.6 6.8 53
Average hours of training received by employees (Male) hours 8.9 6.9 53
Average hours of training received by employees (Middle management) hours 4.3 3.7 53
Average hours of training received by employees (Senior management) hours 3.2 0.5 53
Total hours of training received by employees hours 43142 47994 53

Number of suppliers by geographical region.

Indicator Unit 2020 2021 Report Pages
Net assets (HK$ million) HK$ million 26522 30312 49
Number of suppliers 2457 2389 51
Number of suppliers - Mainland China 2225 2168 51
Number of suppliers - Overseas (including Hong Kong) 232 221 51
Number of suppliers purchased from 2389 22
Suppliers by geographical region (%) - Mainland China % 90.6 90.7 51
Suppliers by geographical region (%) - Overseas (including Hong Kong) % 9.4 9.3 51

Description of practices relating to engaging suppliers, number of suppliers where the practices are being implemented, and how they are implemented and monitored.

Indicator Unit 2021 Report Pages
Percentage of qualified suppliers % 100 22

Percentage of total products sold or shipped subject to recalls for safety and health reasons.

Indicator Unit 2021 Report Pages
Product recallability ratio % 95 50

Number of products and service related complaints received and how they are dealt with.

Indicator Unit 2021 Report Pages
Proportion of total sales % N/A 50

Description of quality assurance process and recall procedures.

Indicator Unit 2021 Report Pages
Product recyclability ratio % 76–100 50

Description of consumer data protection and privacy policies, and how they are implemented and monitored.

Indicator Unit 2020 2021 Report Pages
Bank loans (HK$ million) HK$ million 6113 8080 49

Number of concluded legal cases regarding corrupt practices brought against the issuer or its employees during the reporting period and the outcomes of the cases.

Indicator Unit 2020 2021 Report Pages
Current ratio (%) 2.57 2.7 49
S&P 2021 Global Corporate Sustainability Assessment (CSA) score points 38 8

Focus areas of contribution (e.g. education, environmental concerns, labour needs, health, culture, sport).

Indicator Unit 2020 2021 Report Pages
Consolidated revenue (HK$ million) HK$ million 12136 16065 49
Direct economic value allocated (HK$ million) HK$ million 9715 13283 49
Direct economic value produced (HK$ million) HK$ million 12546 16463 49
Economic value contributed to community and upstream value chain billion HK$ 13.28 22

Resources contributed (e.g. money or time) to the focus area.

Indicator Unit 2020 2021 Report Pages
Charitable donations million HK$ 72.915 22
Direct economic value generated billion HK$ 16.46 22
Total value of donated money and materials HKD 15713000 72915000 53

The types of emissions and respective emissions data.

Standard Indicator Unit 2020 2021
Airborne Particulate Matter (PM) Emissions tonnes 260 133
NOâ‚“ Emissions tonnes 4105 3568
SOâ‚“ Emissions tonnes 1482 1386

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2020 2021
Direct GHG Emissions (Scope 1) tonnes of CO2 equivalent 1912360 2417539
Indirect Energy Emissions (Scope 2) tonnes of CO2 equivalent 610553 832090
Total GHG Emissions tonnes of CO2 equivalent 2522913 3249629
Total GHG Emissions Intensity (By Area) kg CO2 equivalent/m2 of finished product 7.04 6.56

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2020 2021
Total Hazardous Waste tonnes 92 112.9
Total Hazardous Waste Intensity (By Unit Product) g/m2 of finished product 0.27 0.23

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2020 2021
Non-Hazardous Waste Disposed tonnes 16200 38557
Paper Waste tonnes 12828 18857
Total Non-Hazardous Waste Intensity (By Unit Product) g/m2 of finished product 47.4 77.9

Description of emissions target(s) set and steps taken to achieve them.

Standard Indicator Unit 2020 2021
CO2 Emissions Reduction Compared to Last Year tonnes 2323700 3074700
CO2 Emissions Reduction Percentage Compared to Last Year % 95.4
PM Emissions Reduction Percentage Compared to Last Year % 83.4 91.7
Percentage of Reduction in GHG Intensity Compared to Last Year % -8.8
Reduction in GHG Intensity Compared to Last Year (By Unit Product) % -17.7
SO2 Emissions Reduction Percentage Compared to Last Year % 60.5 66.6

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2020 2021
Energy Consumption Intensity (By Area) kWh/m² 19.73
Energy Consumption Intensity (By Unit Product) kWh/m³ 20.56 19.73
Percentage of Renewable Energy Consumption percent 99.9
Total Direct Energy Consumption MWh 6516001 8533205
Total Energy Consumption MWh 7399582 9768244
Total Indirect Energy Consumption MWh 883597 1235419

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2020 2021
Recycled Water Percentage % 95 95.6
Water Consumption million m³ 6.352 8.202
Water Consumption in Office million m³ 0.283 0.243
Water Consumption in Production and Operation million m³ 6.069 7.959

Description of energy use efficiency target(s) set and steps taken to achieve them.

Standard Indicator Unit 2021
Investment in Energy-saving and Emission-reduction Technology Transformation million RMB per annum 280

Total packaging material used for finished products (in tonnes) and, if applicable, with reference to per unit produced.

Standard Indicator Unit 2020 2021
Packaging Material Consumption (Plastic) tonnes 7664 7193
Packaging Material Intensity (By Unit Product) g/m³ 111 108
Packaging Materials Consumed tonnes 37880 53608
Usage of Packaging Materials (Wood) tonnes 17352 27475

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Standard Indicator Unit 2020 2021
Number of Employees Aged 30-50 2670 3811
Number of Employees Aged Above 50 264 375
Number of Employees Aged Below 30 2184 2887
Number of Employees in Mainland China 4243 6177
Number of Female Employees 813 1410
Number of General Employees 4967 6960
Number of Male Employees 4266 5662
Number of Middle Management Employees 91 85
Number of Senior Management Employees 20 28
Number of Total Employees 5079 7072
Percentage of Employees Aged 30-50 % 51.8 53.9
Percentage of Employees Aged Above 50 % 5.2 5.3
Percentage of Employees Aged Below 30 % 43 40.8
Percentage of Employees in Mainland China % 83.5 87.4
Percentage of Female Employees % 16 19.9
Percentage of Full-time Employees % 100 100
Percentage of General Employees % 97.8 98.4
Percentage of Male Employees % 84 80.1
Percentage of Middle Management Employees % 1.8 1.2
Percentage of Senior Management Employees % 0.4 0.4

Employee turnover rate by gender, age group and geographical region.

Standard Indicator Unit 2020 2021
Turnover Rate of Employees Aged 30-50 % 15.2 22.6
Turnover Rate of Employees Aged Above 50 % 13.5 9.7
Turnover Rate of Employees Aged Below 30 % 27.9 37.6
Turnover Rate of Employees in Mainland China % 19.7 26.7
Turnover Rate of Female Employees % 12.5 27.7
Turnover Rate of Male Employees % 21.1 27.5
Turnover Rate of Total Employees % 19.7 27.5

Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.

Standard Indicator Unit 2021
Number of Work-related Fatalities 2
Work-related Fatalities Rate 0.028

Lost days due to work injury.

Standard Indicator Unit 2019 2020 2021
Lost Days Due to Work-related Injuries workdays 959 734 1657

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Standard Indicator Unit 2020 2021
Percentage of Trained Female Employees % 12 20.5
Percentage of Trained General Employees % 99.1 99.58
Percentage of Trained Male Employees % 88 79.5
Percentage of Trained Middle Management % 0.8 0.39
Percentage of Trained Senior Management % 0.1 0.03

The average training hours completed per employee by gender and employee category.

Standard Indicator Unit 2020 2021
Average Training Hours (Female) hours 6.4 6.2
Average Training Hours (General Employees) hours 8.6 6.8
Average Training Hours (Male) hours 8.9 6.9
Average Training Hours (Middle Management) hours 4.3 3.7
Average Training Hours (Senior Management) hours 3.2 0.5
Average Training Hours per Employee hours 8.5 6.8
Total Training Hours hours 43142 47994

Number of suppliers by geographical region.

Standard Indicator Unit 2020 2021
Number of Suppliers in Mainland China 2225 2168
Number of Suppliers in Overseas 232 221
Number of Total Suppliers 2457 2389

Percentage of total products sold or shipped subject to recalls for safety and health reasons.

Standard Indicator Unit 2021
Percentage of Recalled Products for Safety and Health Reasons % 95

Resources contributed (e.g. money or time) to the focus area.

Standard Indicator Unit 2020 2021
Total Public Welfare Donations HKD 15713000 72915000
Total Social Investment HKD 15713000 72915000