JL Mag Rare-Earth Co Ltd 2024 SR
The report highlights JL MAG's sustainability progress in 2024, focusing on its "green philosophy framework" and carbon reduction roadmap. The company achieved a significant reduction in carbon emissions through its products in NEVs, wind power, and energy-saving air conditioners. Key achievements include using 30.4% recycled rare earth materials and reaching 26% green power usage. JL MAG also advanced its intelligent manufacturing with a RMB 321 million R&D investment and maintained strong social commitments, such as providing 1,300 college scholarships. The report details its alignment with GRI, HKEX, and SZSE standards, alongside improved ESG ratings from S&P and CDP.
Company: JL Mag Rare-Earth Co Ltd
Sector: Industrials
Country: China
Year: 2024
Type: SR
Pages: 113
JL Mag Rare-Earth Co Ltd
ESG Report
The report highlights JL MAG's sustainability progress in 2024, focusing on its "green philosophy framework" and carbon reduction roadmap. The company achieved a significant reduction in carbon emissions through its products in NEVs, wind power, and energy-saving air conditioners. Key achievements include using 30.4% recycled rare earth materials and reaching 26% green power usage. JL MAG also advanced its intelligent manufacturing with a RMB 321 million R&D investment and maintained strong social commitments, such as providing 1,300 college scholarships. The report details its alignment with GRI, HKEX, and SZSE standards, alongside improved ESG ratings from S&P and CDP.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 28, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees