(Adopted by the Board on 23rd March 2022)
AAC Technologies Holdings Inc. (the “Company” or “AAC”, together with its subsidiaries, the “Group”) recognises that climate change poses physical and transition risks to its business. Therefore, the Group is committed to developing strategies in line with industry best practices to mitigate, adapt and fortify its resilience to the impact on its operations occasioned by climate change.
In accordance with the Company’s Sustainability Policy, the Company shall:
- Comply with relevant laws and regulations regarding carbon emissions of respective jurisdictions where the Company’s operations are located;
- Reduce energy consumption and its reliance on non-renewable energy, where technically and economically feasible, by:
- Increasing renewable energy generation capabilities;
- Increasing the purchase of clean energy supplied externally;
- Favouring low-carbon technologies in facilities and operations;
- Executing action plans to continually improve energy performance, including energy efficiency, energy use and energy consumption;
- Encourage sustainable procurement by incorporating climate change considerations, such as encouraging the use of low-carbon products and energy-efficient equipment;
- Regularly review identified and assess potential climate-related risks and opportunities and ensure appropriate measures and emergency response plans are in place to minimise the impact of climate change on its operations;
- Disclose climate-related risks and its management approach in the Sustainability Report; and
- Disclose carbon emissions, targets, and progress in accordance with the HKEX and any other applicable requirements.