Key Actions

The Company has formulated the Capchem Energy (Carbon) Management System in accordance with the laws and regulations relating to the use of energy in the country and the place of operation.

 

The Company is committed to reducing energy use and actively carried out internal energy reviews, including an external energy audit of our Huizhou Capchem and a survey on energy utilization. The Company has implemented a number of targeted energy consumption management measures to enhance operational energy efficiency according to the product categories.

 

The Company also adopted measures including building an energy management platform, improving the utilization rate of renewable energy sources and energy-saving technological renovation to comprehensively promote the optimization of the energy structure.

 

The Company integrates energy-saving inspections into quarterly EHS audits, and regularly informs each base of its energy use and progress in implementing energy-saving and carbon reduction measures through inspection reports and quarterly carbon management reports. In addition, the Company also promotes the efficiency of energy use by optimizing the production process, improving the efficiency of raw material use and reducing energy consumption in warehousing.

 

The Company actively engages in green power procurement to increase the use of cleaner energy. In 2024, approximately 50% of the electricity used in the Company's electrolyte production came from green power, and the production of battery chemicals accounted for more than 70% of the Company's total annual production. The use of cleaner energy substantially greatly reduced conventional energy use and carbon emissions in the Company's core business.

 

Highlights in 2024

  • Implemented 29 carbon reduction projects throughout the year, reducing 6,959 tons of carbon
  • Realized 100% green power usage by Suzhou Novolyte
  • Multiple bases obtained the ISO 50001 certificate