In response to the Guiding Opinions on Promoting the Comprehensive Green Transformation of Economic and Social Development issued by the CPC Central Committee and the State Council, and for the purpose of actively implementing and promoting the green and low-carbon economic and social development, and further improving our environmental, social and governance (ESG) needs and carbon emission control level, from August 20 to 28, we organized ESG training and officially launched the carbon inventory project.

In both online and offline forms, department heads and ESG specialists of ZGM and its subsidiaries were invited to participate in the training. In the training, Mr. Li Ruixue, secretary of the board of directors of the Company, gave an in-depth elaboration on the close connection between ESG work, carbon inventory and the Company’s sustainability. Subsequently, senior experts from MioTech provided in-depth and systematic analysis on the key ESG issues and specific issues of energy conservation and carbon reduction. After the training, the ESG working group interviewed and communicated with various departments, and paid on-site visits for carbon inventory.

Through on-site interviews, the ESG working group, together with various departments of the Company, discussed issues of wide concern to various stakeholders in order to understand the current shortcomings in ESG management and make practical recommendations for the continuous optimization of the ESG management. In order to clarify the current carbon emission status, the ESG working group also carried out a comprehensive carbon inventory of ZGP and Zangge Lithium Industry (ZGL) plant areas and office premises, focusing on identifying the emission sources and hot spots in Scopes 1 & 2, and also included Scope 3 in the inventory. Starting from the office building in Geermu, the working group conducted a point-to-sphere survey of the water and electricity consumption of the office premises, and then went to the production line to conduct a survey of the carbon emissions of the entire production and living scenes of ZGP and ZGL plant areas.

As a leading domestic listed enterprise in the development of Salt Lake and other mineral resources, we have been improving our carbon inventory and ESG management level. This move will enable our own low-carbon operations and meet the low-carbon needs of global customers. More importantly, it embodies our participation in global climate governance, and our international and social responsibilities. In the future, we will update our carbon emission reduction paths and targets from time to time, comply with the national dual-carbon development policy, and play a demonstration role for our partners and peers.