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HiTHIUM's Landmark Sustainability Achievement

In the world of sustainability ratings, HiTHIUM has made a striking entrance by achieving an EcoVadis Gold Medal in its first evaluation. This accolade places HiTHIUM in the top 5% of rated companies worldwide, marking a significant achievement for a Chinese energy storage enterprise. The company scored an impressive 80 points, distinguishing itself within the global market.

EcoVadis Overview

Founded to provide comprehensive sustainability assessments, EcoVadis evaluates over 150,000 companies spanning 185 countries and 250 industries. Its rating system has become a coveted benchmark for enterprises striving to enhance their sustainability practices, as about 90% of leading companies utilize these ratings to qualify their suppliers.

Assessment Highlights

The assessment framework used for HiTHIUM encompasses four main pillars—Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. HiTHIUM's scores in these areas were exceptional, particularly excelling in Environmental and Sustainable Procurement practices, outshining industry averages by 22–34 points.

This success is attributed to HiTHIUM's commitment to integrating sustainability principles throughout their operations, from product design to production. The company employs environmentally friendly technologies in its manufacturing plants located in Xiamen and Chongqing. They are devoted to advancing low-carbon practices with initiatives like using electric-powered machinery, reducing waste, optimizing energy efficiency, and promoting packaging recycling.

Supply Chain Engagement

HiTHIUM's dedication to sustainability extends across its supply chain. Through ESG training and annual audits, the company has fostered a culture of environmental awareness and collaboration. This has enabled partners to strengthen their green management practices, ultimately contributing to an overarching goal of sustainable development within the industry.

Strong Sustainability Framework

HiTHIUM's impressive sustainability performance stems from its well-structured framework, which includes:

• - Comprehensive policies and governance with measurable targets.
• - Targeted management actions across crucial ESG categories.
• - Certified management systems, including ISO 14001, ISO 45001, and ISO 50001, implemented at all production sites.

The guiding principle for these actions is encapsulated in the HIMPACT 2037 Sustainability Strategy. This forward-thinking strategy focuses on six pillars: Innovation, Empowerment, Proactivity, Achievability, Collaboration, and Transparency. HiTHIUM’s efforts reflect a steadfast commitment to its Environmental, Social, and Governance (ESG) targets.

Recognitions and Commitments

This recent achievement is not HiTHIUM's first foray into sustainability accolades. The company has been recognized as a National Green Factory and Green Supply Chain Enterprise, received a CDP B rating, achieved SBTi approval, and joined the UN Global Compact and the Supply Chain ESG Stewardship Initiative. Each of these recognitions reinforces HiTHIUM's role as a leader in promoting a low-carbon, sustainable energy future.

HiTHIUM's debut on the EcoVadis rating stage, culminating in the Gold Medal, serves as a clear testament to its impactful sustainability practices and dedication to responsible business conduct. As they move forward, HiTHIUM intends to further enhance its ESG performance while continuing to foster green innovations that support the global transition toward clean energy and sustainable economic growth.