2024 Environmental, Social and Governance (ESG) Report

Year: 2024
Published: 2025-04-17
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2023 2024 Report Pages
Ammonia Nitrogen Discharge ton 0.2 0.09 47
COD Discharge ton 2.11 1.66 47
Nitrogen Oxides ton 13.33 16.77 47
Non-methane Total Hydrocarbons ton 8.59 4.8 47
Particulate Matter ton 0.3 1.39 47
Sulfur Oxides ton 1.59 1.07 47

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 2023 2024 Report Pages
Greenhouse Gas Emissions per Unit Product (Scope 1 & 2) ton CO2e/GWh 21878.42 13293.31 47
Scope 1 Greenhouse Gas Emissions ton CO2e 58333.35 100895.55 47
Scope 2 Greenhouse Gas Emissions ton CO2e 367858.05 488540.24 47
Scope 3 Greenhouse Gas Emissions ton CO2e 3644462.44 47
Total Greenhouse Gas Emissions ton CO2e 426191.57 4212862.03 47

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

Indicator Unit 2023 2024 Report Pages
Hazardous Waste Generated per Unit Product ton/GWh 18.81 13.22 47
NMP Waste Liquid ton 39739.35 47
Total General Industrial Solid Waste ton 11903.31 54607.27 47
Total General Industrial Solid Waste Recycled ton 51656.81 47
Total Hazardous Waste Disposed ton 594.91 47
Total Hazardous Waste Generated ton 366.41 594.91 47

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

Indicator Unit 2023 2024 Report Pages
General Industrial Solid Waste Generated per Unit Product ton/GWh 611.05 1213.56 47
Others (Solid Waste) ton 11912.76 47

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 2024 Report Pages
Battery Recycling ton 4.7 47

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 2018 2019 2020 2023 2024 Report Pages
10th 3GWh production line of Wenzhou manufacturing base officially started operations 3GWh production line 10 8
130MWh ESS project in Guizhou, Gansu Province MWh 130 8
2.5MW/5MWh Energy Storage Project in Sangzhuzi District, Jiangning, Tibet MW, MWh 5 8
85MWh energy storage project in Tsinghan industrial park in Indonesia MWh 85 8
Chongqing 30GWh production base project GWh 30 8
Energy Consumption per Unit Product MWh/GWh 50789.78 33240.79 47
First batch of 10.5m electric buses delivered m electric buses 10.5 8
First batch of 4.5-ton electric logistics vehicle batteries delivered ton 4.5 8
Green Electricity Purchased MWh 11000 14000 47
Jiashan phase I factory 160GWh GWh 160 8
Jiashan phase II factory 45GWh GWh 45 8
Photovoltaic Power Generation MWh 3009.32 3309.82 47
RPSK annual output of 20GWh project GWh 20 8
State Grid Pinggao Shandong Xintai Photovoltaic Power Station 5MW/10MWh MW, MWh 10 8
Total Direct Energy Consumption MWh 291322.98 548052.69 47
Total Energy Consumption MWh 989384.82 1490501.39 47
Total Indirect Energy Consumption MWh 698061.84 942448.7 47
Total Renewable Energy Consumption MWh 113409.23 140390.82 47

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

Indicator Unit 2023 2024 Report Pages
Total Water Consumption ton 2317400.02 2848466 47
Wastewater Discharge ton 15929.06 30853.51 47
Water Consumption per Unit Product ton/GWh 118964.07 53032.32 47

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

Indicator Unit 2023 2024 Report Pages
Energy Vault signed with160MWh ESS battery MWh 160 8
Wending Large Capacity Series and 3.0MWh Energy Storage System Launch MWh 3 8

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

Indicator Unit 2023 2024 Report Pages
Packaging Materials Used per Unit Product ton/GWh 243.94 304.22 47
Total Recyclable Packaging Materials Used ton 4751.89 13688.95 47

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

Indicator Unit 2019 Report Pages
50Ah household batteries launched Ah 50 8

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

Indicator Unit 2023 2024 Report Pages
Employees Aged 30-50 persons 4820 5145 47
Employees Aged <30 persons 7206 5989 47
Employees Aged >50 persons 29 29 47
Employees with Disabilities persons 99 98 47
Ethnic Minority Employee Count persons 1918 1918 47
Female Employee Count persons 3768 3075 47
Full-time Employee Count persons 12055 11163 47
Mainland China Employee Count persons 12055 11154 47
Male Employee Count persons 8287 8088 47
Master's Degree or Higher (R&D Team) persons 598 453 48
Overseas & Hong Kong/Macao/Taiwan Employee Count persons 9 47
Total Number of Employees persons 12055 11163 47

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

Indicator Unit 2023 2024 Report Pages
Employee Turnover Rate % 16.67 42.09 47
Employees Aged 30-50 Turnover Rate % 12.82 34.63 47
Employees Aged <30 Turnover Rate % 19.01 47.31 47
Employees Aged >50 Turnover Rate % 29.27 21.62 47
Female Employee Turnover Rate % 14.36 40.71 47
Mainland China Employee Turnover Rate % 16.67 42.09 47
Male Employee Turnover Rate % 17.68 42.59 47
Overseas & Hong Kong/Macao/Taiwan Employee Turnover Rate % 100 47

Lost days due to work injury.

Indicator Unit 2023 2024 Report Pages
Work Injury Lost Days days 547.5 241 48

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

Indicator Unit 2023 2024 Report Pages
Annual R&D Expenditure million RMB 991.31 772.95 48
Female Employee Training Percentage % 100 100 48
Junior Employee Training Percentage % 100 100 48
Male Employee Training Percentage % 100 100 48
Middle Management Training Percentage % 100 100 48
R&D Expenditure as % of Revenue % 7.2 4.38 48
R&D Team Headcount persons 1918 1249 48
Senior Management Training Percentage % 100 100 48

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

Indicator Unit 2023 2024 Report Pages
Female Employee Average Training Hours hours 43.85 30.51 48
Junior Employee Average Training Hours hours 50.38 29.66 48
Male Employee Average Training Hours hours 52.18 29.48 48
Middle Management Average Training Hours hours 40.83 33.44 48
Senior Management Average Training Hours hours 22.08 15.41 48

Number of suppliers by geographical region.

Indicator Unit 2023 2024 Report Pages
Mainland China Supplier Count companies 754 693 48
Overseas Supplier Count companies 3 48

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 2024 Report Pages
Cumulative Suppliers Implementing Compliance Practices companies 2643 3336 48
Suppliers Implementing Compliance Practices companies 757 693 48

Description of practices used to identify environmental and social risks along the supply chain, and how they are implemented and monitored.

Indicator Unit 2023 2024 Report Pages
Supplier Compliance Coverage % 100 100 48

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

Indicator Unit 2020 2023 2024 Report Pages
Customer Complaint Count cases 27 15 48
Customer Complaint Resolution Rate % 100 100 48
Customer Satisfaction Rate % 90.34 48
Monthly shipments ranked fifth in the industry rank 5 8

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

Indicator Unit 2023 2024 Report Pages
Annual Granted Patents items 890 741 48
Cumulative Granted Patents items 1791 2532 48
Cumulative Patent Applications items 2963 3924 48

Description of quality assurance process and recall procedures.

Indicator Unit 2021 Report Pages
280Ah ESS batteries were applied to North American market in batches Ah 280 8

Description of anti-corruption training provided to directors and staff.

Indicator Unit 2023 2024 Report Pages
Anti-Corruption/Integrity Training Sessions times 3 9 48
Directors Trained in Anti-Corruption/Integrity persons 12 12 48
Employees Trained in Anti-Corruption/Integrity persons 5668 1075 48

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

Indicator Unit 2024 Report Pages
Social welfare contribution amount 10K RMB 227 48

The types of emissions and respective emissions data.

Standard Indicator Unit 2023 2024
Airborne Particulate Matter (PM) Emissions ton 0.3 1.39
NOâ‚“ Emissions ton 13.33 16.77
SOâ‚“ Emissions ton 1.59 1.07

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 2023 2024
Direct GHG Emissions (Scope 1) ton CO2e 58333.35 100895.55
Indirect Energy Emissions (Scope 2) ton CO2e 367858.05 488540.24
Total GHG Emissions ton CO2e 426191.57 4212862.03
Total GHG Emissions Intensity (By Unit Product) ton CO2e/GWh 21878.42 13293.31
Total Other Indirect Energy Emissions (Scope 3) ton CO2e 3644462.44

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

Standard Indicator Unit 2023 2024
Total Hazardous Waste ton 366.41 594.91
Total Hazardous Waste Disposed ton 594.91
Total Hazardous Waste Intensity (By Unit Product) ton/GWh 18.81 13.22

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

Standard Indicator Unit 2023 2024
Non-Hazardous Waste Disposed ton 11912.76
Total Non-Hazardous Waste Intensity (By Unit Product) ton/GWh 611.05 1213.56

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).

Standard Indicator Unit 2023 2024
Energy Consumption Intensity (By Unit Product) MWh/GWh 50789.78 33240.79
Renewable Energy Consumption MWh 113409.23 140390.82
Total Direct Energy Consumption MWh 291322.98 548052.69
Total Energy Consumption MWh 989384.82 1490501.39
Total Indirect Energy Consumption MWh 698061.84 942448.7

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

Standard Indicator Unit 2023 2024
Total Wastewater Discharge ton 15929.06 30853.51
Water Consumption ton 2317400.02 2848466

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

Standard Indicator Unit 2023 2024
Packaging Material Intensity (By Unit Product) ton/GWh 243.94 304.22
Packaging Materials Consumed ton 4751.89 13688.95

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

Standard Indicator Unit 2023 2024
Number of Employees Aged 30-50 persons 4820 5145
Number of Employees Aged Above 50 persons 29 29
Number of Employees Aged Below 30 persons 7206 5989
Number of Employees in Mainland China persons 12055 11154
Number of Female Employees persons 3768 3075
Number of Full-time Employees persons 12055 11163
Number of Male Employees persons 8287 8088
Number of Total Employees persons 12055 11163
Percentage of Employees Aged 30-50 percent 39.99 46.11
Percentage of Employees Aged Above 50 percent 0.24 0.26
Percentage of Employees Aged Below 30 percent 59.8 53.67
Percentage of Employees in Mainland China percent 100 99.92
Percentage of Female Employees percent 31.24 27.52
Percentage of Full-time Employees percent 100 100
Percentage of Male Employees percent 68.76 72.48

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

Standard Indicator Unit 2023 2024
Turnover Rate of Employees Aged 30-50 % 12.82 34.63
Turnover Rate of Employees Aged Above 50 % 29.27 21.62
Turnover Rate of Employees Aged Below 30 % 19.01 47.31
Turnover Rate of Employees in Mainland China % 16.67 42.09
Turnover Rate of Female Employees % 14.36 40.71
Turnover Rate of Male Employees % 17.68 42.59
Turnover Rate of Total Employees % 16.67 42.09

Lost days due to work injury.

Standard Indicator Unit 2023 2024
Lost Days Due to Work-related Injuries days 547.5 241

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

Standard Indicator Unit 2023 2024
Percentage of Trained Female Employees % 100 100
Percentage of Trained General Employees % 100 100
Percentage of Trained Male Employees % 100 100
Percentage of Trained Middle Management % 100 100
Percentage of Trained Senior Management % 100 100

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

Standard Indicator Unit 2023 2024
Average Training Hours (Female) hours 43.85 30.51
Average Training Hours (Male) hours 52.18 29.48
Average Training Hours (Middle Management) hours 40.83 33.44
Average Training Hours (Senior Management) hours 22.08 15.41

Number of suppliers by geographical region.

Standard Indicator Unit 2023 2024
Number of Suppliers in Mainland China companies 754 693
Number of Suppliers in Overseas companies 3
Number of Total Suppliers companies 757 693

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

Standard Indicator Unit 2023 2024
Complaints Handling Rate % 100 100
Satisfaction Rate of Customer Complaint Handling % 90.34
Total Number of Customer Complaints cases 27 15

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

Standard Indicator Unit 2023 2024
Accumulative Number of Patent Applications items 2963 3924
Accumulative Number of Patents Granted items 1791 2532
Number of Patents Granted items 890 741

Description of anti-corruption training provided to directors and staff.

Standard Indicator Unit 2023 2024
Number of Anti-corruption Training Session times 3 9
Number of Directors and Management Attendance for Anti-corruption Training persons 12 12
Number of General Employees Attendance for Anti-corruption Training persons 5668 1075
Number of People Participated in Ethical Standards and Anti-corruption Training persons 5680 1087

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

Standard Indicator Unit 2024
Total Social Investment 10K RMB 227