Reporting period: 2026 Q2 baseline (pre-construction)

Wind-Solar-Storage Integrated Power Station at Huailai Zhongji Sion Mining Area · ESG executive summary

Owner: Huailai Zhongji Sion New Stone Technology Co., Ltd. · FSR version: HL-WSS-2026-FSR-V0.1 · Published: 2026-04

Headline KPIs

Annual CO₂ avoided
417,000 t
Grid EF 0.5839 kg CO₂/kWh
25-yr cumulative (Phases I-III)
10,420,000 t
Far-future incl. Phase IV ~34 Mt
Construction peak jobs (direct+indirect)
2400
Operations ≈ 330
25-yr cumulative tax
12 RMB bn
GRI 207 tax transparency

E / S / G executive paragraphs

Environmental (E)
PV + wind + 4-hr storage + BIPV; reuse of mine roofs minimizes new land take. Target 100% renewable mining-site electricity in operations with battery second-life recycling.
Social (S)
~2,400 jobs at peak; operations 80 direct + 250 indirect; local hiring prioritized; ISO 45001 OHS to be established. RMB 12 bn cumulative tax over 25 yrs.
Governance (G)
HSE & Sustainability Committee under the board, independent whistleblowing, supplier code over full tender. TCFD adopted; targets ISSB S2 and MLPS 2.0 / IEC 62443.

TCFD four pillars

Governance · Governance
An executive committee chaired by the owner (Huailai Zhongji Sion) and joined by EPC / O&M reviews climate KPIs quarterly. During operations, an independent HSE & Sustainability Committee will report to the board, with a designated CSO role.
Strategy · Strategy
Strategy is anchored to dual-carbon: 100% renewable electricity for the mining site by 2030 (behind-the-meter first, with green-power trading top-up), and net-zero Scope 1+2 by 2060. Delivery is phased (I-IV), aligned with coal substitution and hydrogen extensions.
Risk · Risk management
Physical risks (extreme cold, snow, lightning, wind loads) are absorbed via design margins (FSR Ch.3 & 11). Transition risks (tariff, storage mandates, green-power certification) are quantified through a 5×5 scenario matrix and Monte Carlo P10–P90. All material risks enter the project risk register with quarterly review.
Metrics · Metrics & targets
Headline metrics: 0.417 Mt CO₂/yr avoided; 10.42 Mt cumulative over 25 yrs (Phases I-III) and ~34 Mt with Phase IV; grid EF 0.5839 kg CO₂/kWh; operating SAIDI/SAIFI tracked against SASB IF-EU-550a.

KPIs & targets (baseline → 2030 → 2060)

PillarMetricBaseline20302060UnitType
EScope 1+2 GHG intensity vs. thermal baseline0.58390.050kg CO₂/kWhcommitment
EAnnual CO₂ avoided041.713610⁴ t/yrbaseline
ERenewable share of mining-site electricity0100100%commitment
ECoal saved023.47610⁴ t/yrbaseline
EBattery recycling rate9599%commitment
SConstruction peak jobs (direct + indirect)024002400FTEbaseline
SOperations jobs (direct + indirect)0330530FTEbaseline
SLocal hiring share7080%commitment
STotal Recordable Incident Rate0.50.2per 200k hrscommitment
S25-year cumulative taxes01212RMB bnbaseline
GAnti-corruption incidents00/yrcommitment
GSupplier ESG self-assessment coverage90100%commitment
GMaterial cyber-incidents00/yrcommitment
GClimate disclosure completeness (TCFD/ISSB)70100100%commitment

Frameworks alignment

CodeNameScopeStatus
GRIGRI Standards 2021Universal + topic disclosures (305, 403, …)Aligned
SASBSASB Electric Utilities & Power Generators (IF-EU)Industry KPIs: GHG intensity, water, OHS, grid reliabilityAligned
TCFDTCFD climate-related disclosuresGovernance / strategy / risk / metricsAligned
ISSB S2IFRS S2 climate-related disclosuresISSB baselineTarget
EU TaxonomyEU TaxonomyCompliant with climate-mitigation screening (wind, PV, storage)Aligned
GB/T 36001GB/T 36001-2015 (China CSR reporting)Chinese national CSR/ESG report formatApplied
Dual-Carbon 1+NChina dual-carbon '1+N' framework2030 peaking · 2060 neutrality alignmentAligned
ISO 14001/45001/50001ISO management systems (env / OHS / energy)Establish & certify during operations (target)Target

Materiality topics

PillarTopicStakeholderFinancialFramework
EGHG emissions avoided4.94.7GRI 305, SASB IF-EU-110a, TCFD
EEnergy mix & self-consumption4.44.6GRI 302, ISO 50001
ELand use & ecology (brownfield reuse)3.93.6GRI 304
EWater conservation vs. thermal3.43.0SASB IF-EU-140a
EBattery EOL & second-life4.03.8GRI 306, EU Taxonomy
SLocal jobs & employment4.33.6GRI 401-403
SOHS (HV, working at height)4.64.4GRI 403, ISO 45001
SCommunity & stakeholder engagement4.13.5GRI 413
STax & local contribution4.03.9GRI 207
GAnti-corruption & business ethics4.54.6GRI 205
GSupply chain accountability (PV traceability)4.44.2GRI 308, GRI 414
GCybersecurity & grid IT/OT4.04.5SASB IF-EU-550a
GClimate-related risk governance (TCFD)4.24.5TCFD, ISSB S2

Governance

Board & executive
The board oversees an HSE & Sustainability Committee covering climate, safety, and CSR. The CEO is accountable for ESG targets; the CSO leads framework alignment and disclosures.
Risk management
A project-level risk register covers seven categories — policy, tariff, technology, construction, cyber, physical & transition climate. Tracked monthly, reviewed quarterly; material trigger events escalate to the board.
Supplier code of conduct
Module, battery, and wind-turbine suppliers must sign anti-corruption / anti-forced-labor / environmental-compliance commitments. Third-party-certified suppliers (e.g., SVTC, PV CYCLE) are prioritized; tendering is fully auditable.
Whistleblowing & grievance
An independent whistleblowing channel (email & hotline) accepts compliance, safety, and human-rights concerns from employees, community, and suppliers. Investigations are confidential and resolved within ≤ 30 business days.
Cyber & data governance
SCADA, AGC/AVC, and EMS follow MLPS 2.0 / IEC 62443 zoned-defense. Operational data is anonymized before disclosure; personal data of customers & community follows China's PIPL.

Disclosure index

TopicFramework codeReference
Phased scaleGRI 2-6 / SASB IF-EU-000.AFSR §1.1.5
GHG (direct + avoided)GRI 305-1/2/4 / SASB IF-EU-110aFSR §2.3.6
Energy consumed & generatedGRI 302-1 / SASB IF-EU-130aFSR §2.2.2, §5-8
Grid reliability & safetySASB IF-EU-550aFSR §9
Workforce & laborGRI 2-7 / 401 / 403FSR §12, §2.3.5
Climate-related risks & opportunitiesTCFD / ISSB IFRS S2FSR §14.7, §14.8, §15
Anti-corruptionGRI 205FSR §15 + governance charter
Tax transparencyGRI 207FSR §2.3.5 (RMB 12 bn over 25 yrs)
Data sourced from the Feasibility Study Report V0.1 (Apr 2026) and aligned to GRI 2021 / SASB IF-EU / TCFD / ISSB IFRS S2 / EU Taxonomy / GB/T 36001 / China dual-carbon 1+N. Forward-looking targets may change with policy, market, and technology. Not investment advice.