GlobalData offers a comprehensive analysis of Kingboard Laminates Holdings , providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Kingboard Laminates Holdings ‘s ESG performance. GlobalData’s company profile on Kingboard Laminates Holdings offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Kingboard Laminates Holdings is committed to reduce its carbon footprint and prioritizes low-carbon and eco-friendly suppliers. The company plans to promote the use of new energy and build solar power plants in its factories to reduce electricity consumption and carbon emissions. In 2022, Kingboard's Direct (Scope 1) emissions were 265,440.1 metric tons of CO2e, while its Indirect (Scope 2) emissions emissions were 683,772.9 tons of CO2e. It has also established emergency response procedures to address climate change threats.
The company actively develops strategies aligned with China's "carbon dioxide emissions peak and carbon neutrality" policy, a part of the double carbon initiative for climate control. It is dedicated to implementing long-term goals focused on reducing carbon emissions. It aims to strengthen its resilience to climate change and mitigate its impact. Kingboard Laminates Holdings also attaches great importance to the country's "double carbon" policy and wastewater pollution control.
To reduce its environmental impact, the company has implemented ISO 14001 management system and EU Restriction of Hazardous Substances Directive (RoHS) certifications in its plants. It has developed measures to recycle and reclaim waste gases, wastewater, and solid wastes. The company has a dedicated environmental protection team to assess emissions sources, manage waste water and develop emission reduction plans.
Kingboard Laminates Holdings has taken steps to conserve energy and water resources. It requires its production facilities to operate in accordance with environmental rules and regulations and implements enterprise resource planning systems for centralized resource allocation. The company encourages employees to be energy-conscious and promotes the use of advanced low-carbon technologies. It has also invested in distributed photovoltaic power stations to reduce electricity consumption and carbon emissions.
The company focuses on reducing packaging waste and has developed strategies to replace carton packaging with recyclable iron frames. It conducts regular investigations and diagnoses of its operation processes to reduce the use of packaging materials. Kingboard Laminates Holdings also considers investing in water recycling and environmental protection projects to make more rational use of water resources.
In conclusion, Kingboard Laminates Holdings is committed to achieving carbon emission reduction and has implemented various measures to reduce its carbon footprint and environmental impact. The company prioritizes low-carbon suppliers, promotes the use of new energy, and has established emergency response procedures. It has also implemented certifications and recycling measures to manage waste and conserve resources.
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