On April 30, Chint New Energy released the “Chint New Energy Technology Co., LTD. 2023 Environmental, Social and Governance (ESG) Report”, which focuses on the core issues of coping with climate change, sustainable supply chain, product lifecycle management, scientific and technological innovation, business ethics, etc. To publicly disclose Chint’s key performance and value creation in the direction of social responsibility, environmental protection, corporate governance and employee development in 2023 to all stakeholders.

140ACO03000 In 2023, Chint New Energy released a sustainable development strategy, announcing that the full value chain will be carbon neutral by 2050. At the same time, the company set up an independent sustainable development department as the management organization, which is responsible for the three special working groups of environmental governance, social responsibility and corporate governance, and coordinates, plans, implements and supervises various activities and projects related to ESG, so as to continuously improve the sustainable development capability of the company.

In the first year of the systematic implementation of the sustainable development strategy, Chint New Energy achieved its own operational carbon emission intensity, water consumption intensity and energy intensity “three drops”; Through extensive communication with customers, employees, partners and other stakeholders, the industry chain partners are driven to save energy and reduce emissions, and the core supplier ISO 14001 certification accounts for more than 80%, leading the green development of the industry. At the same time, Chint New Energy is committed to building a diverse talent system, promoting the creation of a diverse, fair and inclusive cultural atmosphere, actively fulfilling social responsibilities, and promoting social welfare. In addition, Chint New Energy uses ESG goals, business goals and compliance goals as assessment indicators for members of the management body, and is 100% linked to performance and compensation.

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The first zero-carbon factory certification was completed. The annual carbon emission intensity decreased by 7.12% year-on-year

In 2023, Chint’s new energy sustainable development strategy was released, including greenhouse gas emission targets for 2028 and 2035. In order to achieve this goal, the company takes the construction of zero-carbon plants as the starting point, and continues to reduce the carbon emissions of production and operation.

In terms of climate change mitigation and adaptation, relying on the existing EHS management system and internal environmental management system, through a series of greenhouse gas emission reduction actions such as energy conservation and emission reduction, the use of clean energy and environmentally friendly packaging, Chint New Energy reduced its annual carbon emission intensity by 7.12% year-on-year, saved 2,708.47 tons of standard coal and 15.768,400 KWH of electricity in the year. Water saving of 69,000 cubic meters, energy intensity decreased by 34.18%, water intensity decreased by 25.43%, non-hazardous waste recovery rate increased by 14.65%, to achieve zero waste landfill.

140ACO03000 In terms of low-carbon factory construction, Chint New Energy actively promotes the digitization and intelligent transformation of factories, promotes the transformation and upgrading of product quality and green manufacturing with the digital management of the whole life cycle, and achieves the full coverage of ISO 9001:2015 system certification.

It is worth mentioning that last year, Chint New can build the first zero carbon factory – Yancheng zero carbon factory, the factory reduced a total of 42,221.37 tons of carbon dioxide emissions, environmental benefits are significant. In March this year, Chint New Energy’s second zero carbon plant Jiuquan Base zero carbon plant launch meeting was officially held, is expected to be completed by the end of July. In the future, Chint New Energy plans to complete the certification of eight zero-carbon plants by 2028. In addition, Chint New Energy also announced its commitment to join the SBTi Science Carbon Target Initiative, the United Nations Global Compact’s “Forward Faster” initiative, as well as international organizations such as the SSI Solar Management Initiative and CCCA China Business Climate Action.

Based on its excellent performance, in 2023, Chint New Energy was selected into the 2023 Green Manufacturing list published by the General Office of the Ministry of Industry and Information Technology, and successfully awarded the national Green Factory. In addition, Chint New Energy also has many honors such as “Zhejiang Green low-carbon Factory”, “Three-star certification of photovoltaic modules for Green Building Materials Evaluation”, “Jiaxing Waste Free Factory”, and ASTRO series components were selected into the “Green Technology Promotion Catalogue List” issued by the Department of Environmental Information of the National Development and Reform Commission.