Hengdian Group DMEGC Magnetics Co Ltd 2024 SR

The report details DMEGC's 2024 ESG performance, highlighting its "Magnetic Materials + New Energy" strategy. Key achievements include reaching a net profit of 1.827 billion RMB and obtaining the first carbon neutrality certificate in the global photovoltaic industry for its Lianyungang base. The company significantly increased its green electricity usage, purchasing over 387 million kWh, and advanced its digital transformation with 5G-connected factories. Socially, DMEGC maintained a 100% employee training coverage and contributed over 1 million RMB to rural revitalization and public welfare. The company also committed to achieving carbon neutrality by 2050.

Company: Hengdian Group DMEGC Magnetics Co Ltd

Sector: Information Information Technology

Country: China

Year: 2024

Type: SR

Pages: 57

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Hengdian Group DMEGC Magnetics Co Ltd

Hengdian Group DMEGC Magnetics Co Ltd 2024 ESG Report

ESG Report

The report details DMEGC's 2024 ESG performance, highlighting its "Magnetic Materials + New Energy" strategy. Key achievements include reaching a net profit of 1.827 billion RMB and obtaining the first carbon neutrality certificate in the global photovoltaic industry for its Lianyungang base. The company significantly increased its green electricity usage, purchasing over 387 million kWh, and advanced its digital transformation with 5G-connected factories. Socially, DMEGC maintained a 100% employee training coverage and contributed over 1 million RMB to rural revitalization and public welfare. The company also committed to achieving carbon neutrality by 2050.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Published

Mar 11, 2025

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

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 on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees