Annual Report

The report describes the company’s ESG strategy, “Cycling For A Better Future,” organized around clean innovation, circularity, and DEI. It reports that the 2023 Scope 1 and Scope 2 reduction target was achieved, with a longer-term target of a 25% reduction by 2030 from a 2021 base year. The company also reports seven factories with solar systems generating 18,584,039 kWh and green power representing 11.7% of total electricity consumption.