Dear Sir/Madam,
To systematically advance Noark’s sustainable development strategy and scientifically identify the Environmental, Social, and Governance (ESG) issues most material to our business, we are conducting this Materiality Assessment based on the "Double Materiality" principle. This evaluates both:
·Financial Materiality: Whether the issue significantly impacts NOARK’s business model, operations, financial performance, or cash flow in the short, medium, or long term.
·Impact Materiality: Whether NOARK’s performance on the issue could generate actual or potential material impacts on the economy, society, or environment.
Your input is vital to help us refine our sustainability performance and strategy.
Scoring Scale (1–5 Points)： Negligible
2 - Minimal
3 - Moderate
4 - Significant
5 - High
Instructions:
·The survey is anonymous and takes 5–8 minutesto complete.
·Please evaluate ESG issues objectively based on:
Industry trends,
NOARK’s practice,
Your professional expertise.
·Share additional issues or suggestions via open-ended questions.
All responses will be strictly confidential. Results will be visualized in a materiality matrix and serve as a key input for Noark’s 2024 Sustainability Report.
Thank you for taking the time to participate in this assessment! We remain committed to advancing sustainability with transparency and accountability, and we look forward to working hand in hand with you on this journey toward a sustainable future.
1. What is your relationship with Noark? （Choose one） Regular employee Board member, supervisor, or senior management Customer or consumer Government or regulatory agency Supplier or partner Investor or investment institution representative Community and public Media Industry association Other (Please specify)
2. Climate Action
The company should establish governance frameworks to address climate change, identify and manage related opportunities and risks, implement energy-saving initiatives or equipment, improve energy efficiency, and reduce greenhouse gas emissions from its operations and business activities. Additionally, collaborating with upstream and downstream partners to implement carbon reduction measures is essential.
3. Clean Technology Opportunities
The potential for business development and investment in emerging clean technology sectors, including but not limited to renewable energy (e.g., solar, wind, hydrogen), environmental protection technologies, energy-saving, and emission-reduction technologies, as well as exploring new clean technology applications to promote green upgrades.
4. Pollutant Emission Management
Adhering to environmental protection laws and regulations, conducting environmental risk assessments, managing pollutants emitted from operations and business activities (such as wastewater, exhaust gases, solid waste, etc.), and responsibly using chemicals to protect the ecosystem and minimize impacts on human health and the environment.
5. Water Management
Managing water resources used in business operations, optimizing water usage efficiency, and continually improving water consumption practices.
6. Biodiversity Protection
Minimizing the potential impacts of business activities on biodiversity and its natural habitat, ensuring the maintenance and restoration of species and ecosystem diversity.
7. Promoting Circular Economy
Following the principles of "reduce, reuse, and recycle," optimizing resource use, minimizing waste, and ultimately reducing greenhouse gas emissions throughout the entire lifecycle of raw materials and products, including in production, transportation, sales, and disposal.
8. Human Capital Development
Establishing and enhancing the company's human capital management system, optimizing recruitment, performance evaluation, promotion, and compensation mechanisms. Focusing on attracting and retaining talent through diversified training, creating clear career progression opportunities, and offering competitive salaries and benefits to enhance employee engagement and potential.
9. Labor Practices and Management
Complying with national and international labor standards, strengthening the protection of labor rights, fostering a safe and healthy working environment, and prohibiting discrimination, harassment, child labor, and forced labor, thereby safeguarding employees' rights.
10. Sustainable Supply Chain Management
Establishing a sustainable supply chain management system, integrating fair procurement principles, ensuring robust supplier evaluation processes, and conducting conflict mineral investigations to guarantee the stable, compliant operation of the supply chain. Additionally, providing reasonable support to small and micro enterprises and vulnerable supply chains.
11. Product Safety & Health
Enhancing the product quality management system, rigorously controlling product quality, and taking responsibility for the safety and quality of the products manufactured.
12. Responsible Product Innovation
Investing in research and innovation, continuously improving product development capabilities, and ensuring technological advancements while respecting and protecting the intellectual property rights of the company and other parties during business operations. products manufactured.
13. Digitalization Transformation
Utilizing cutting-edge technologies such as big data, cloud computing, artificial intelligence, and blockchain to empower the entire business and production processes, enhancing operational efficiency, optimizing resource allocation, and achieving transformation and upgrading.
14. Customer Service and Satisfaction
Providing high-quality customer service, safeguarding customer rights, addressing complaints in a timely and effective manner, and continuously enhancing customer satisfaction and overall experience.
15. Data Security & Customer Privacy Protection
Emphasizing corporate information security governance, protecting the company’s information assets, ensuring the legal acquisition of data, safeguarding customer privacy, and responsibly managing customer data.
16. Public Welfare and Community Participation
Actively participating in public welfare and charity work, focusing on vulnerable groups and underdeveloped regions through charitable activities, employee volunteer services, and material assistance, in order to fulfill corporate social responsibilities and promote harmonious social development.
17. Corporate Governance
Building a robust corporate ESG governance structure and effective oversight mechanisms to ensure the reasonable protection and balance of stakeholder rights, enhancing corporate efficiency, competitiveness, and sustainable development.
18. Anti-Bribery & Anti-Corruption
Eradicating all forms of corruption, bribery, and profiteering, ensuring that business activities with customers, the supply chain, and partners comply with relevant laws, regulations, and international standards.
19. Anti-competition
Opposing unfair competition practices, resisting behaviors that disrupt market order and harm the legitimate rights and interests of customers and other market participants, ensuring that business activities with customers, suppliers, and partners comply with laws and regulations.
20. Compliance & Risk Control
Strictly adhering to local laws, regulations, and international standards within operational areas, fulfilling tax obligations, cooperating with compliance investigations, establishing a sound internal compliance management system, and continually enhancing risk management capabilities.
21. Through which channels would you prefer to receive sustainability/ESG-related information about NOARK Electrics (Shanghai) Co., Ltd. ? (Multiple choice)
Printed copy – Sustainability Report/ESG Report Digital version – Sustainability Report/ESG Report Company official website Corporate meeting Social media (Weibo, WeChat) Newspapers, magazines, etc. Regulatory ＆ research institutions Other (please specify)
22. Suggestions for ESG and Sustainable Development Practices at NOARK Electrics (Shanghai) Co., Ltd. (Optional&Open-Ended)