Yantai Zhenghai Magnetic Material Co Ltd 2024 SR

The report highlights ZHmag's 2024 ESG performance, focusing on its 'Outshine' and 'Balance of Rare Earth Resources' strategies to reduce heavy rare earth usage. Key achievements include the grid connection of a photovoltaic project generating over 1,700 MWh and the launch of the 'Digital Zhenghai Project' for intelligent production. The company achieved a 100% anti-corruption training rate and invested 17.01 million Yuan in environmental protection. Additionally, ZHmag was recognized as a 'National Champion Enterprise in Single Manufacturing Field' and established a rare earth permanent magnet recycling industry chain.

Company: Yantai Zhenghai Magnetic Material Co Ltd

Sector: Industrials

Country: China

Year: 2024

Type: SR

Pages: 56

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Yantai Zhenghai Magnetic Material Co Ltd

Yantai Zhenghai Magnetic Material Co Ltd 2024 ESG Report

ESG Report

The report highlights ZHmag's 2024 ESG performance, focusing on its 'Outshine' and 'Balance of Rare Earth Resources' strategies to reduce heavy rare earth usage. Key achievements include the grid connection of a photovoltaic project generating over 1,700 MWh and the launch of the 'Digital Zhenghai Project' for intelligent production. The company achieved a 100% anti-corruption training rate and invested 17.01 million Yuan in environmental protection. Additionally, ZHmag was recognized as a 'National Champion Enterprise in Single Manufacturing Field' and established a rare earth permanent magnet recycling industry chain.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Published

Apr 8, 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

Workplace Fatalities

Net Zero Target

Employees