AAC Technologies Holdings Inc 2020 AR2
The report outlines AAC Technologies' financial and operational performance for the fiscal year 2020, highlighting its transition toward advanced optical and acoustic solutions. Despite challenges from the COVID-19 pandemic, the company expanded its optics business, with plastic lens production reaching 70 to 80 million units monthly and WLG hybrid lens projects commencing mass production. On the sustainability front, the company established a Sustainability Working Group to enhance ESG risk oversight and set a clean energy target of over 75% by 2030. Additionally, two plants in Changzhou achieved 100% waste diversion under the Zero Waste to Landfill project, and the company made significant progress in digitalizing human resources.
Company: AAC Technologies Holdings Inc
Sector: Information Technology
Country: China
Year: 2020
Type: AR2
Pages: 176
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AAC Technologies Holdings Inc
Annual Report
The report outlines AAC Technologies' financial and operational performance for the fiscal year 2020, highlighting its transition toward advanced optical and acoustic solutions. Despite challenges from the COVID-19 pandemic, the company expanded its optics business, with plastic lens production reaching 70 to 80 million units monthly and WLG hybrid lens projects commencing mass production. On the sustainability front, the company established a Sustainability Working Group to enhance ESG risk oversight and set a clean energy target of over 75% by 2030. Additionally, two plants in Changzhou achieved 100% waste diversion under the Zero Waste to Landfill project, and the company made significant progress in digitalizing human resources.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees