- Slowdown in NEV demand growth.
- Increasingly competitive industry environment.
- Fluctuations in metal prices (nickel, cobalt, lithium, copper).
- Risks from fluctuations in foreign currency exchange rates.
- Stringent environmental protection standards.
- Uncertainty in technology R&D.
- Management risk associated with transnational and trans-regional operations.
- Risks of transnational business due to uncertainties in industrial policies, politics, economy, regulation, and law in various countries.
- Risk of overcapacity in the power battery and lithium-ion battery materials industry.
Zhejiang Huayou Cobalt Co.,Ltd.
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
๐ Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 171.72 10,000 tCO2e (Scope 1 and Scope 2) |
| 2022 | 1.3M tCO2e/year (Scope 1 and 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
โ Reported Environmental Achievements
- Carbon emissions of mainstream products decreased by an average of 12% compared with the previous year.
- Self-generated photovoltaic power station generated 4.59 million kwh, achieving a carbon reduction of 2,617 tons.
- 121.83 million kwh of waste heat power generation and a carbon reduction of 158,379 tons.
- 2.11 million cubic meters of water were recovered in Indonesia.
- Rainwater reuse in Indonesia decreased new water consumption by 26%, recovering 980,000 cubic meters of rainwater and reducing carbon emissions by 460 tons.
- 14 subordinate units completed carbon emission verification at the organizational level; carbon footprint accounting based on CTW was completed for 20 products.
๐ฑ ESG Focus Areas
Carbon reductionResource recyclingCommunity investmentResponsible Minerals Initiative (RMI)United Nations Global Compact (UNGC)