Chint New Energy Technology Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Chint New Energy Technology Co., Ltd. disclosed greenhouse gas emissions of 46.7K tCO2e (Scope 1) + 326541.15 tCO2e (Scope 2) in 2022; 7537.55 tCO2e (Scope 1) + 446536.48 tCO2e (Scope 2) in 2023. By scope: Scope 1: 7.5K tCO2e/year (2023); Scope 2: 446.5K tCO2e/year (2023). 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.

💨
GHG Emissions
46.7K tCO2e (Scope 1) + 326541.15 tCO2e (Scope 2) in 2022; 7537.55 tCO2e (Scope 1) + 446536.48 tCO2e (Scope 2) in 2023
2023
⚡
Renewable Energy
48% in Jiuquan base in 2023; 69.61% in Yancheng Zero-Carbon Factory in 2023
of total energy
💧
Water Usage
1.9M tons in 2022; 6847488.64 tons in 2023
2023
♻️
Waste
13.7K tons in 2022; 36813.96 tons in 2023
2023
⚙️
Energy Use
579.2M kWh in 2022; 812078381.31 kWh in 2023
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).7.5K tCO2e/year (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.446.5K tCO2e/year (2023)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202346.7K tCO2e (Scope 1) + 326541.15 tCO2e (Scope 2) in 2022; 7537.55 tCO2e (Scope 1) + 446536.48 tCO2e (Scope 2) in 2023
2022373.5K tCO2e/year (Scope I and II)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • 30% reduction on unit product carbon emission intensity by 2028 (2022 as base year)
  • 8 factories achieving zero carbon emission by 2028
  • 50% reduction (Scope 1&2) on carbon emissions by 2028 (2022 as base year)
  • 85 or higher employee satisfaction score by 2028
  • 15% or lower technical talent turnover rate per year by 2028

📅 Medium-term

  • Operate in carbon neutrality by 2035
  • 40% female employee proportion by 2035
  • 30% female senior management staff proportion by 2035
  • 30% female technician proportion by 2035
  • 1000 employees get supports for continuing education and improving academic qualifications by 2035 (taking 2022 as the base year)

🔭 Long-term

  • Carbon neutrality across the entire value chain by 2050

🌱 ESG Focus Areas

Climate ChangeNatural Resources ManagementLabor and Human RightsOccupational Health and SafetyBusiness EthicsSupply Chain ManagementBiodiversity Protection

⚠️ Challenges & Risks +

  • Potential climate risks including extreme weather events, rising sea levels, and regulatory changes.
  • Rapid iteration of photovoltaic technology potentially causing obsolescence of existing production lines.
  • Increased costs of low-carbon raw materials and customer demands for carbon reduction in products.
  • Potential risks in reduced renewable energy subsidies in local markets and increased difficulty in supply chain traceability requirements.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, IFRS S1, IFRS S2, UN SDGs 2030, UNGC 10 Principles
Assurance: Hangzhou TÜV Nord Quality Certification Service Co., Ltd.