Our service

Centre Testing International Co., Ltd. (CTI) is the pioneer and leader in the TIC Industry which provides one-stop solutions on testing, inspection, certification, calibration, audit, training & technical services.

 

By Industry

Our service capabilties cover the upstream and downstream of the supply chain including textile and apparel,toys,electronic appliances,medical health,food...andother industries.

Specialty

Comprehensively guarantee quality and safety, promote compliance and innovation, demonstrate brand competitiveness, and achieve higher quality, healthier, safer, and greener sustainable development.

SUSTAINABILITY

Addressing Climate Change

Release times:2022-04-25 Watching times:552

1. Climate Change Governance

We identify and disclose our company's approach and actions to address climate risks. We seize climate opportunities in accordance with the Task Force on Climate-related Financial Disclosures (TCFD) framework. The board of directors is responsible for overseeing the climate impact of the company's operations. They also review environmental, social and governance reports including the issue of "addressing climate change" every year. At the same time, the company promotes ESG-related matters including climate change through a multi-departmental ESG working mechanism.

2. Strategy and Risk Management

We mainly refer to the analysis framework on climate-related risks and opportunities proposed by the Task Force on Climate-related Financial Disclosures (TCFD) on the basis for living climate opportunities.

By identifying, assessing and analyzing of potential financial impact of climate risks and opportunities on the company's business and operations. Through the promotion of energy conservation and emission reduction, we mitigate physical risks and provide climate-related services as to respond climate change.

 

Risk type

Climate risk factor

Risk classification

Description

Involved business section

Impact intensity

Physical risks

Extreme climate disasters

Acute operational risks

Extreme climate disasters will cause physical damage to the physical assets of the affected areas. CTI Group has many offices and laboratories located in coastal areas and areas with rich rainfall which further increases the impact of extreme weather on the Group’s operations.

CTI group-wide

High

Climate Change

Chronic Operational Risk

If CTI's customers from the fields of agriculture, forestry, fishery, animal husbandry and other industries encounter long-term global warming, sea level rise and other climate changes. Their normal production and operations may be affected as resulting in the loss of CTI's specific business.

CTI group-wide

Low

Transition Risk

New policies for low-carbon Economic transition

Market and technology risks

China has committed to the 3060 dual carbon targets; the government has introduced new policies to support low-carbon transformation. The Group has made efforts to reduce the impact of its operations on the natural environment. We have carried out measures to reduce energy consumption and greenhouse gas emissions.

CTI group-wide

High

Energy transition policies

Market and technology risks

Due to the government's more stringent emission reduction policies, the company needs green energy with lower emissions to replace the existing high-emission energy sources, which increases the cost of transitioning to lower-emission technologies.

CTI group-wide

Middle

Carbon market price fluctuations

Market and Reputation risks

As the government has introduced more stringent carbon emission policies, the company's cash flow will be affected by carbon market price fluctuations. But the Group is not a high-emitting enterprise, and then the fluctuated carbon market price is low risk to the Group.

CTI group-wide

Low

Regulatory Mandatory Information Disclosure

Operational and Reputation Risk

Regulatory and mandatory disclosure of climate-related financial information, lacking of historical data and accurate accounting methods, it affects the quality of disclosure.

CTI group-wide

Low

Raising environmental protection standards

Market and technical risks

As the government has introduced more stringent environmental protection policies, the company needs to raise building energy consumption standards to comply with laws and regulations for energy conservation and low emission standards. It may increase R&D investment for energy conservation and environmental protection measures.

CTI group-wide

High

 

Opportunities

Our climate-related opportunities are primarily in services and markets. China's "3060" carbon neutrality goal has been upgraded to a national strategy. More and more companies (organizations) have begun to transit to a low-carbon green economy. Therefore, we can give full effort to our service advantages in energy management, energy conservation and emission reduction, green environmental protection, etc. We help partners transforming to a low-carbon, circular, and green economy, and hence to build a green financial system. Our country has formulated policies for low-carbon products and services for many industries which has further expanded the market demand for low-carbon, green technologies and services.

 

3. Targets and Goals

The Group collects information of emissions from electricity consumption, heating and cooling in laboratories and offices, and emissions from business travel through monthly reports, online system reporting and other systems as for further management, integration and analysis.

In 2021, our total carbon emissions at the operational level of group headquarters and all subordinate institutions and offices in China was 125,441.2 tonnes of carbon dioxide equivalent. The emissions of purchased electricity, travel of employee and purchased heat was the top three emission sources, as shown in the following table:

No.

Scope

Type

Main Content

Carbon Emissions

(tonnes of CO2 eqv)

Percentage

1

One

Natural gas

Natural gas is mainly used for heating, humidification and laboratory sterilization in Suzhou biological animal laboratory

511.2

0.4%

2

One

Gasoline

Daily consumption as the power source of CTI's own sampling vehicles, mobile monitoring vehicles, fast inspection vehicles, medical examination vehicles and commercial vehicles

612.6

0.5%

3

One

Diesel

Consumption as a power source for generators and self-owned sampling vehicles

206.0

0.2%

4

One

Refrigerant

Emissions from Refrigeration Equipment (Air Conditioning) in CTI Office

231.9

0.2%

5

One

Septic tank

Discharges from CTI's own base sewage treatment

648.8

0.5%

Total of Scope One

2,210.5

1.8%

6

Two

Purchased electricity

Power consumption of CTI's own and leased offices and laboratories

76,698.8

61.1%

7

Two

Purchased heat

The purchased heat for central heating of CTI's own and leased offices

2,294.7

1.8%

Total of Scope Two

79,023.1

63.0%

8

Three

Business travel

Carbon emissions from employee travel (cars, high-speed trains, airplanes, etc.)

44,237.3

35.3%

Total of Scope Three

44,237.3

35.3%

Note:

1. In 2021, the data coverage was the group headquarters and all subordinate institutions and offices in China.

2. The emission factors are selected from the provincial power grid emission factors in the 2010 China Regional and Provincial Power Grid Average Carbon Dioxide Emission Factors issued by the National Development and Reform Commission in 2013, and the world's most authoritative Ecoinvent 3.7 database based on life cycle analysis. Applying to global data, GHG Protocol, UK Defra and other international authoritative emission factors or relevant authoritative documents issued by domestic governments.

3. Taking technical feasibility and cost feasibility into consideration, other indirect emissions that are mainly considered as carbon emissions generated by means of transportation (cars, high-speed trains, airplanes, etc.) for employees' business travel.

 

4. Dealing with Climate Change

In order to deal with climate change, our main strategies at this stage include the following three aspects.

Reducing Energy Consumption

For different types of energy, we take a classified management approach. For the electricity consumed in laboratories and offices, we have strengthened the management of power-consuming equipment, efficiently utilized experimental equipment, and reduced electrical energy consumption. We encourage saving office electricity and promote the use of energy-saving electrical appliances. We advocate turning off lights to reduce the standby energy consumption of office equipment. For gasoline, the company adopts the methods of registering fuel cards and driving mileage for reasonable control. We gradually adopt electric sampling vehicles to replace gasoline and diesel sampling vehicles.

Reasonable Arrangement of Business Travel

According to business needs, we prioritize employees who are closer to the project site as team members to reduce the distance of business travel. We also advocate the use of video conference rooms in the company to reduce the number of business trips in reasonable way. At the same time, we encourage employees to prioritize public transportation.

Improving Climate-Related Service Capabilities

We have been strengthening the attention and research on climate change and related regulations and policy trends. From the perspective of customer needs, we have continuously improved the quality and forward-looking of sustainable development services such as climate change.