2023 Environmental, Social and Governance Report

Year: 2023
Published: 2024-04-29
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2021 2022 2023 Report Pages
Ammonia nitrogen Tonne 240 25 37 54
COD Tonne 331 277 321 54
NOx Tonne 15 53 35 54
SOx Tonne 9.7 5.7 12.0 54
VOC (category expanded to include VOC in 2023) Tonne - - 47 54

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 2021 2022 2023 Report Pages
Carbon emission reduction from technique improvement projects tCO2e 23318.5 49
Greenhouse Gas Emission per RMB10000 of output value Tonnes of CO₂ equivalent (tCO₂e) / RMB10000 0.28 0.24 0.22 48
Scope 1 GHG emissions Tonnes of CO₂ equivalent (tCO₂e) 63111 57364 71571 48
Scope 2 GHG emissions Tonnes of CO₂ equivalent (tCO₂e) 345265 363632 387130 48
Total GHG emissions Tonnes of CO₂ equivalent (tCO₂e) 395520 420996 458701 48

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

Indicator Unit 2021 2022 2023 Report Pages
Hazardous waste Tonne 45792 14752 15576 52
Hazardous waste per RMB10000 of output value Kg/RMB10000 32.90 8.52 7.59 52
Year-on-year reduction in hazardous waste intensity achieved % 11 13

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

Indicator Unit 2021 2022 2023 Report Pages
Non-hazardous waste Tonne 39709 43039 57400 52
Non-hazardous waste per RMB10000 of output value Kg/RMB10000 28.53 24.87 27.97 52
Recyclable non-hazardous waste Tonne 12729 52

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

Indicator Unit 2023 2030 Report Pages
Greenhouse gas emission intensity reduction compared to 2022 % 8.3 13
Hazardous waste reduction target (from 2019 baseline by 2030) % 25 13

Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.

Indicator Unit 2050 Report Pages
Target for recycled aluminium content by 2050 % 88 13

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 2021 2022 2023 2040 Report Pages
Comprehensive energy consumption Tonnes of standard coal 113131 118962 132744 50
Comprehensive energy per RMB10000 of output value Kg standard coal/ RMB10000 81.28 68.74 64.68 50
Diesel oil Tonne 122 159 143 50
Direct energy consumption Tonnes of standard coal 38882 34755 35117 50
Distributed photovoltaic project installed capacity in Jiaxing MW 6.7 13
Estimated annual power generation capacity for Minth Group Distributed Photovoltaic Power Generation Project in Huai'an, China kWh 6000000 50
Gasoline Tonne 129 70 108 50
Indirect energy consumption Tonnes of standard coal 74249 84207 97628 50
Natural gas Ten thousand m³ 2896 2588 2527 50
Photovoltaic power generation capacity installed (cumulative up to 2023) MW 70 13
Purchased electricity Ten thousand kWh 58010 65543 63620 50
Purchased steam Tonne 151154 50
Self-built distributed photovoltaic power generation Ten thousand kWh 2405 2974 5658 50
Target for use of green electricity for photovoltaic generation by 2040 % 100 13

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

Indicator Unit 2021 2022 2023 Report Pages
Total water consumption Tonne 6608293 5979876 5758449 54
Wastewater discharge (includes industrial and domestic wastewater) Tonne 2888940 2643649 2996929 54
Water consumption per RMB10000 of output value Tonne/RMB10000 4.75 3.46 2.81 54

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

Indicator Unit 2023 2040 Report Pages
Electricity saved through technique improvement projects MWh 40890 49
ISO 50001 Energy Management System Certification in factories factories 33 6
Total photovoltaic generation capacity target by 2040 GWh 300 13

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 2021 2022 2023 Report Pages
Wastewater reuse Tonne 438860 232911 296436 54

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

Indicator Unit 2021 2022 2023 Report Pages
Packaging Material Consumption Tonne 78733 19777 30058 55
Packaging Material Consumption per RMB 10000 of output value Kg/RMB10000 59.56 11.43 14.65 55
Recycled aluminium content achieved in ECO-ALUMINIUM® in 2023 % 50 13
Reduction of single-use wood consumption due to packaging replacement ton 163 55

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

Indicator Unit 2023 2024 Report Pages
Coverage of ISO 14001 Environmental Management System in factories percent 100 6
Industry standards participated in development or revision standards 5 25
MSCI ESG rating BBB 6
National standards in China developed or revised with participation, including low-carbon recyclable material for automobiles standards 8 25
Percentage of research expenditure invested in green/clean technologies percent 28 6
Subsidiaries certified as National Green Factory or National Green Supply Chain Management Enterprise subsidiaries 6 6

Description of the significant climate-related issues which have impacted, and those which may impact, the issuer, and the actions taken to manage them.

Indicator Unit 2023 Report Pages
CDP Climate Change score B- 6
CDP Water score B 6

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

Indicator Unit 2023 Report Pages
Number of Employees aged 29 years old and younger 5489 58
Number of Employees aged 30 years old and above but less than 40 years old 11847 58
Number of Employees aged 40 years old and above but less than 50 years old 4172 58
Number of Employees aged 50 years old and above 803 58
Number of Employees in Americas (United States, Mexico, Canada) 2385 58
Number of Employees in Asia (China, Thailand, Japan, South Korea) 17073 58
Number of Employees in Europe (Germany, United Kingdom, Serbia, Czech Republic, France, Poland) 2853 58
Number of Female Employees 7184 58
Number of Male Employees 15127 58
Number of Management Employees 1116 58
Number of Production Employees 14011 58
Number of Professional Employees 3012 58
Number of Technical Employees 4172 58
Number of new board members added members 3 6
Number of union participants (major units and sites worldwide) persons 17799 61
Percentage of employees who have signed the Labour Union Collective Bargaining Agreement % 80 61
Ratio of female directors on the Board percent 44.4 6
Total Number of Employees 22311 58

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

Indicator Unit 2023 Report Pages
Total Turnover Rate % 30 58
Turnover Rate for Employees aged 29 years old and younger % 38 58
Turnover Rate for Employees aged 30 years old and above but less than 40 years old % 28 58
Turnover Rate for Employees aged 40 years old and above but less than 50 years old % 25 58
Turnover Rate for Employees aged 50 years old and above % 17 58
Turnover Rate for Employees in Americas (United States, Mexico, Canada) % 37 58
Turnover Rate for Employees in Asia (China, Thailand, Japan, South Korea) % 29 58
Turnover Rate for Employees in Europe (Germany, United Kingdom, Serbia, Czech Republic, France, Poland) % 24 58
Turnover Rate for Female Employees % 27 58
Turnover Rate for Male Employees % 31 58

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

Indicator Unit 2021 2022 2023 Report Pages
Work injury rate Number of injury/millions of working hours 1.17 1.08 1.04 68
Work-related fatalities person 1 68
Work-related fatalities rate % 0.004 68

Lost days due to work injury.

Indicator Unit 2021 2022 2023 Report Pages
Lost days due to work injury Days 1327.625 62 1308.785 68

Description of occupational health and safety measures adopted, and how they are implemented and monitored.

Indicator Unit 2023 Report Pages
Coverage of ISO 45001 Occupational Health and Safety Management System in factories percent 100 6

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

Indicator Unit 2021 2022 2023 Report Pages
Employee engagement survey coverage (Minth Group) percent 91.2 75
Employee engagement survey score (Gallup Q12, Minth Group, maximum score 5 points) points 4.06 4.12 4.12 75
External training programmes participated in by R&D centre programmes 70 25
Forums and workshops organized by R&D centre forums/workshops 20 25
Internal training sessions conducted by R&D centre sessions 200 25
Number of employees participated in VDA6.3-2023 & VDA6.5-2020 Internal Auditor Training (Minth Group, China) employees 40 32
Number of factories involved in Internal Auditor Training (Minth Group, China) factories 16 32
Number of global researchers in the Group persons 3700 25
Number of individuals achieved Black Belt certification in Quality Potential Talent Development programme individuals 8 32
Number of individuals obtained Green Belt certification in Quality Potential Talent Development programme individuals 13 32
Number of individuals participated in Quality Potential Talent Development programme individuals 26 32
Number of new researchers joined during the Reporting Period persons 780 25
Research expenditure billion RMB 1.4 6

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

Indicator Unit 2023 Report Pages
Employee average training hours hours 85.0 6

Number of suppliers by geographical region.

Indicator Unit 2023 Report Pages
Number of suppliers in Americas (United States, Canada, Mexico) 178 40
Number of suppliers in Asia (China, Thailand, Japan, South Korea, India, United Arab Emirates, Israel) 4864 40
Number of suppliers in Europe (Serbia, Czech Republic, Germany, France, Italy, United Kingdom, Switzerland, Austria, Poland, Montenegro, Spain, Turkey, Netherlands, Romania, Slovenia, Slovakia, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia) 533 40
Number of suppliers in Oceania (Australia) 1 40
Proportion of suppliers in Americas (United States, Canada, Mexico) % 3.2 40
Proportion of suppliers in Asia (China, Thailand, Japan, South Korea, India, United Arab Emirates, Israel) % 87.2 40
Proportion of suppliers in Europe (Serbia, Czech Republic, Germany, France, Italy, United Kingdom, Switzerland, Austria, Poland, Montenegro, Spain, Turkey, Netherlands, Romania, Slovenia, Slovakia, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia) % 9.6 40
Proportion of suppliers in Oceania (Australia) % 0.02 40
Total number of suppliers 5576 40

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 2023 Report Pages
Annual process audit completion rate for raw material/component suppliers % 100 38
EcoVadis Committed Medal medal 1 6
Number of raw material/component suppliers audited 63 38
Number of suppliers graded A in annual audit 29 38
Number of suppliers graded B in annual audit 31 38
Number of suppliers graded C in annual audit 3 38
Supplier annual audit coverage of raw material suppliers percent 100 6
Suppliers received training sessions on quality, cost, service, and delivery percent 100 6

Description of practices relating to observing and protecting intellectual property rights.

Indicator Unit 2023 Report Pages
Number of new patents authorized patents 412 6
Percentage of new patents that are green/clean technologies percent 30 6
patents applied (Minth Group, as of the end of the reporting period) patents 4700+ 27
patents authorized (Minth Group, during the reporting period) patents 412 27
patents filed (Minth Group, during the reporting period) patents 530 27
patents searched and analysed (Minth Group, as of the end of the reporting period) patents 790+ 27
patents searched and analysed (Minth Group, during the reporting period) patents 91 27
trademarks registered (Minth Group, as of the end of the reporting period) trademarks 340+ 27
trademarks registered (Minth Group, during the reporting period) trademarks 69 27
valid patents authorised (Minth Group, as of the end of the reporting period) patents 2600+ 27

Description of quality assurance process and recall procedures.

Indicator Unit 2023 Report Pages
Coverage of IATF 16949 Automotive Quality Management System percent 100 6
Group standards developed or revised, including specification for use of recycled plastics in vehicles standards 5 25
Simulation accuracy reached by CAE Simulation Team percent 90 25

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 2023 Report Pages
Subsidiaries obtained ISO 37001:2016 Anti-Bribery Management System certification subsidiaries 2 6

Description of preventive measures and whistle-blowing procedures, and how they are implemented and monitored.

Indicator Unit 2023 Report Pages
Coverage of Business Ethic Training for employees (including all directors) percent 100 6

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

Indicator Unit 2023 Report Pages
Investment in education and community support by Minth Foundation million RMB 3.447 6
Technology exchanges and collaborations with universities and research institutions led by R&D centre exchanges/collaborations 60 25

The types of emissions and respective emissions data.

Standard Indicator Unit 2021 2022 2023
NOₓ Emissions Tonne 15 53 35
SOₓ Emissions Tonne 9.7 5.7 12

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 2021 2022 2023
Direct GHG Emissions (Scope 1) Tonnes of CO₂ equivalent (tCO₂e) 63111 57364 71571
Indirect Energy Emissions (Scope 2) Tonnes of CO₂ equivalent (tCO₂e) 345265 363632 387130
Total GHG Emissions Tonnes of CO₂ equivalent (tCO₂e) 395520 420996 458701

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

Standard Indicator Unit 2021 2022 2023
Total Hazardous Waste Tonne 45792 14752 15576
Total Hazardous Waste Intensity (By Revenue) Kg/RMB10000 32.9 8.52 7.59

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

Standard Indicator Unit 2021 2022 2023
Non-Hazardous Waste Disposed Tonne 39709 43039 57400
Non-Hazardous Waste Recycled Tonne 12729
Total Non-Hazardous Waste Intensity (By Revenue) Kg/RMB10000 28.53 24.87 27.97

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

Standard Indicator Unit 2023
Percentage of Reduction in GHG Intensity Compared to Last Year % 8.3

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 2021 2022 2023 2040
Comprehensive Energy Consumption Intensity (By Revenue) Kg standard coal/ RMB10000 81.28 68.74 64.68
Diesel Fuel Consumption Tonne 122 159 143
Gasoline Consumption Tonne 129 70 108
Natural Gas Consumption Ten thousand m³ 2896 2588 2527
Percentage of Renewable Energy Consumption % 100
Purchased Electricity Ten thousand kWh 58010 65543 63620
Purchased Steam Tonne 151154
Total Direct Energy Consumption Tonnes of standard coal 38882 34755 35117
Total Energy Consumption Tonnes of standard coal 113131 118962 132744
Total Indirect Energy Consumption Tonnes of standard coal 74249 84207 97628

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

Standard Indicator Unit 2021 2022 2023
Total Wastewater Discharge tonne 2888940 2643649 2996929
Water Consumption tonne 6608293 5979876 5758449
Water Consumption Intensity (By Revenue) tonne/RMB10000 4.75 3.46 2.81

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

Standard Indicator Unit
Target Energy Consumption Reduction Percentage Compared to Last Year %

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.

Standard Indicator Unit
Target Water Consumption Reduction Percentage Compared to Last Year %

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

Standard Indicator Unit 2021 2022 2023
Packaging Material Intensity (By Revenue) kg/RMB10000 59.56 11.43 14.65
Packaging Material Savings ton 163
Packaging Materials Consumed tonne 78733 19777 30058

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

Standard Indicator Unit 2023
Number of Employees Aged 30-50 16019
Number of Employees Aged Above 50 803
Number of Employees Aged Below 30 5489
Number of Employees in Americas 2385
Number of Employees in Asia 17073
Number of Employees in Europe 2853
Number of Female Employees 7184
Number of Male Employees 15127
Number of Total Employees 22311
Percentage of Employees Aged 30-50 % 71.85
Percentage of Employees Aged Above 50 % 3.6
Percentage of Employees Aged Below 30 % 24.61
Percentage of Female Employees % 32.18
Percentage of Male Employees % 67.82

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

Standard Indicator Unit 2023
Turnover Rate of Employees Aged 30-50 % 28
Turnover Rate of Employees Aged Below 30 % 38
Turnover Rate of Employees in Americas % 37
Turnover Rate of Employees in Asia % 29
Turnover Rate of Employees in Europe % 24
Turnover Rate of Female Employees % 27
Turnover Rate of Male Employees % 31
Turnover Rate of Total Employees % 30

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

Standard Indicator Unit 2023
Number of Fatalities as a Result of Work-related Injuries person 1
Number of Work-related Fatalities person 1
Work-related Fatalities Rate % 0.004

Lost days due to work injury.

Standard Indicator Unit 2021 2022 2023
Lost Days Due to Work-related Injuries Days 1327.625 62 1308.785

Description of occupational health and safety measures adopted, and how they are implemented and monitored.

Standard Indicator Unit 2023
Health Check Coverage for Employees percent 100

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

Standard Indicator Unit 2023
Total Cost of Training billion RMB 1.4

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

Standard Indicator Unit 2023
Average Training Hours per Employee hours 85

Number of suppliers by geographical region.

Standard Indicator Unit 2023
Number of Suppliers in Australia 1
Number of Suppliers in Europe 533
Number of Total Suppliers 5576

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

Standard Indicator Unit 2023
Percentage of Critical Suppliers Covered by CSR Audit percent 100

Description of practices relating to observing and protecting intellectual property rights.

Standard Indicator Unit 2023
Accumulative Number of Patent Applications patents 4700
Accumulative Number of Patents Granted patents 412
Number of New Patent Applications patents 530
Number of Patents Applied patents 530
Number of Patents Granted patents 412
Number of Patents Held patents 2600
Number of Trademark Registrations trademarks 69

Description of preventive measures and whistle-blowing procedures, and how they are implemented and monitored.

Standard Indicator Unit 2023
Percentage of Employees Anti-corruption Policies have been Communicated to percent 100