ESG Report 2024

87 The Group regards net zero emission as its long term target and believes that carbon reduction must be persistent and progressive, and cannot be achieved overnight, so as to avoid affecting the Group's development in other aspects. We strive to gradually reducing and offsetting carbon emissions through innovative technologies and green practices, and actively exploring feasible pathways to achieve carbon neutrality. The following table summarizes the results of carbon reduction for the Year. Please refer to the corresponding sections for details: 10.3 Towards Carbon Neutrality Promote Low-Carbon Development Gradually reduce carbon emissions through energy- saving technological upgrades and by increasing the proportion of green electricity in energy consumption. On Arbor Day, we planted taller than , resulting in a reduction of approximately of greenhouse gas emissions in terms of carbon dioxide equivalent 3,090 trees 5 meters 71 tonnes Undertake low-carbon activities to become an energy-efficient enterprise Implement carbon reduction measures in the direction of energy conservation, both in the factory and office Organise Energy Conservation Promotion Week and Arbor Day to foster carbon reduction awareness Improve Energy Efficiency By 2025, reduce the energy 2 consumption of Unit Product by (set year 2020 as baseline) 5.0% During the Year, the energy consumption of Unit Output 1 Value decreased by compared to the previous year 4.9% Implemented 5 energy-saving and optimisation devices, resulting in an annual increase in electricity savings of and an annual increase in steam savings of 17,555 MWh 13,020 metric tonnes Implement energy optimisation projects to enhance technological capabilities Phase out high-consumption and lowenergy efficiency equipment Use of Renewable Energy Increase the proportion of renewable and green energy usage year by year Renewable and green energy usage accounts for of the total electricity consumption 19.7% Green electricity purchased in this year has increased by approximately compared to 2023 5.0% Implementing distributed photovoltaic projects, expected to be completed in 2024, with an estimated annual electricity generation of 25 million kWh Increase the use of renewable and green energy Initiate renewable and green energy projects Notes: 1.Unit Output Value, refers to industrial output value per RMB10,000. 2.Unit Product, refers to the product per tonne Strategies Strategic Directions and Actions Targets Key Achievements in the Year Align with China Supporting and fulfilling the national carbon emission trading scheme Continuously participate in national voluntary emission reduction projects The Group has purchased of carbon credits 187,500 tonnes Performance of national carbon emission trading plan Improve Water Resource Efficiency Reduce the water consumption 2 of Unit Product annually Maintain wastewater discharge and achieve wastewater reuse as reclaimed water 0 100% Improve the recycling efficiency of reclaimed water to reduce the demand for fresh water The daily water consumption has decreased by compared to last year 10.4% 0 wastewater discharge Achieved a recycled water utilisation rate 100% Achieved a reclaimed water utilisation rate 100% Pilot Phase One of the high-concentration water fractionation and 10 t/d caustic soda recycling project, with an investment of RMB57.05 million Implement water conservation projects and enhance technological capabilities Develop water resource management measures for production factories and offices Environmental, Social and Governance Report 2024 The United Laboratories International Holdings Limited