Hengdian Group DMEGC Magnetics Co Ltd 2023 SR

The report highlights DMEGC's commitment to its 'Magnetic Materials + New Energy' dual-core business strategy, focusing on high-quality development and digital transformation. Key achievements in 2023 include reaching a top-ten global ranking for photovoltaic product shipments and the certification of its Jiangsu facility as a 'Zero Carbon Factory.' The company established a Strategy and ESG Committee to integrate sustainability into decision-making and set a net-zero target for 2050. Additionally, DMEGC advanced its green manufacturing initiatives, achieving 100% green power coverage at its headquarters module factories and Jiangsu base.

Company: Hengdian Group DMEGC Magnetics Co Ltd

Sector: Information Information Technology

Country: China

Year: 2023

Type: SR

Pages: 83

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Hengdian Group DMEGC Magnetics Co Ltd

Hengdian Group DMEGC Magnetics Co Ltd 2023 ESG Report

ESG Report

The report highlights DMEGC's commitment to its 'Magnetic Materials + New Energy' dual-core business strategy, focusing on high-quality development and digital transformation. Key achievements in 2023 include reaching a top-ten global ranking for photovoltaic product shipments and the certification of its Jiangsu facility as a 'Zero Carbon Factory.' The company established a Strategy and ESG Committee to integrate sustainability into decision-making and set a net-zero target for 2050. Additionally, DMEGC advanced its green manufacturing initiatives, achieving 100% green power coverage at its headquarters module factories and Jiangsu base.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Mar 7, 2024

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Standard

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Water Consumption

Total Waste

Women in Management

Net Zero Target

Employees