Environmental, Social And Governance (ESG) Report

Overview

The report is Neway Valve's first ESG disclosure and covers Suzhou Neway Valve Co., Ltd. for 2023. The company reports Scope 1 emissions of 1,879.51 TCO 2 -e/year, Scope 2 emissions of 6,692.09 TCO 2 -e/year and Scope 3 emissions of 119,733.26 TCO 2 -e/year, alongside a 23% green electricity share. It sets a 20% GHG reduction target by 2030 against a 2021 base year and a carbon-neutrality goal for 2050. Bureau Veritas provided reasonable assurance over the report's 2023 data.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Language: English
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Overview