Solartech International Holdings Limited (01166) has published its Environmental, Social and Governance (ESG) Report for the reporting period from 1 July 2024 to 30 June 2025. The document outlines management policies, progress, and future plans in environmental protection, employment practices, operational safety, and governance structures.
The report emphasizes compliance with governmental requirements and industry standards, stating that there were no recorded cases of non-compliance or penalties regarding environmental regulations. Measures include monitoring air emissions such as nitrogen oxides, sulphur oxides, particulate matter, and greenhouse gases from factory operations and vehicle usage, as well as careful handling of cooling water discharge at production sites. Quantitative data in the report shows a decrease of about 28.06% in indirect CO2 emissions compared to the previous period, aligned with targets set for continuing energy-efficiency enhancements.
Key information in the report details efforts to conserve natural resources such as electricity, water, and packaging materials. The factory in Dongguan reduced its water usage by 22.35%, while also documenting a smaller quantity of non-hazardous waste. The brief introduces steps taken to mitigate climate change, including identifying physical and transition risks, and instituting strategies to reduce the greenhouse gas footprint across operations.
Regarding social aspects, the document reports a focus on fair and transparent employment practices. There were no disputes or transgressions related to labor laws, child labor, or forced labor. Data shows 292 employees in the PRC and 17 employees in Hong Kong, with overall efforts in place to improve occupational health and safety. Zero work-related fatalities and minimal lost days due to injuries were recorded. Training hours were increased compared to the previous period, centered on skills improvement and professional development.
On the operational side, the company upholds supply chain standards by engaging approved suppliers through an internal procurement system. The report notes a product return rate for cables and wires of approximately 0.32% due to quality reasons, considered below industry norms. It also states that there were no complaints or legal cases regarding product safety or privacy breaches. Anti-corruption policies remain strict, with no recorded violations or cases related to bribery, extortion, fraud, or money laundering.
The 2025 ESG Report highlights continued progress in environmental protection, workforce care, and transparent governance oversight. The company has reiterated commitments to developing environmentally responsible practices, advancing employee welfare, and refining supply chain management, while aiming for ongoing integration of social and governance responsibilities within its business operations.