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固德威:2022年度社会责任报告(英文版)

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固德威:2022年度社会责任报告(英文版)

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2022 SOCIAL RESPONSIBILITY REPORT About This Report
12022 SOCIAL RESPONSIBILITY REPORT About This Report
22022 SOCIAL RESPONSIBILITY REPORT About This Report
About This Report
This report is the second environmental social and governance (ESG) report released by GoodWe Technologies Co. Ltd. Under the principles of objectivity transparency and comprehensiveness
it discloses in detail GoodWe Technologies Co. Ltd.’s sustainability practice and achievements focusing on topics of stakeholders’ concerns.Preparation basis Reporting scope Confirmation and approval
This report is prepared according to the Rules Governing the The report takes GoodWe Technologies Co. Ltd. as the Upon confirmation by the management this report is
Listing of Stocks on Shanghai Stock Exchange (February subject and includes all its subsidiaries within the scope of its approved by the Board of Directors and released on April 25
2023 Revision) the Rules for the Listing of Stocks on the consolidated financial statements. 2023.
Science and Technology Innovation Board of Shanghai Stock
Exchange the Self-regulatory Guidelines for Companies
Listed on Shanghai Stock Exchange No. 2: Voluntary
Disclosure and the Guidelines Regarding Environmental
Social and Corporate Governance Disclosure for Companies References Access
Listed on Shanghai Stock Exchange (Consultation Paper).It also extensively refers to the Sustainability ReportingStandards of the Global Reporting Initiative and the Chinese For the convenience of presenting and reading “GoodWe This report comes in simplified Chinese and English forCSR Report Preparation Guide 5.0 (CASS-CSR 5.0). This Technologies Co. Ltd.” is referred to as “GoodWe” the readers. For online browsing or downloading this report
report also draws on the topics of ESG ratings that are being “Company” and “we/us” in this report. As business subjects please visit GoodWe’s official website (www.goodwe.com) or
monitored by MSCI (Morgan Stanley Capital International) GoodWe’s branches and subsidiaries are referred to with Shanghai Stock Exchange’s website (www.sse.com.cn).a leading global rating agency and references the United their abbreviation.Nations’ 2030 Sustainable Development Goals (SDGs) We value the opinions of our stakeholders. Please feel free
combining them with the current development status of to contact us in the following ways. Your comments will help
GoodWe Technologies Co. Ltd. us further improve this report and our social responsibility
management.Reporting period Languages Telephone: 0512-62397978 extension 8213
Email: ir@goodwe.comFrom January 1 to December 31 2022 (the “reporting This report is published in simplified Chinese and English. Fax: 0512-62397972period”). Some of the content may trace back to previous In the event of ambiguity between the two versions the
years or extend to 2023 as appropriate. simplified Chinese version shall prevail. Address: No. 90 Zijin Rd. New District Suzhou China
012022 SOCIAL RESPONSIBILITY REPORT Chairman’s Message
Chairman’s Message
The year 2022 marks a year of inheritance and innovation and upgrade our products through innovation-driven Forging Ahead with Openness and Win-Win Cooperation
of the 14th Five-Year Plan. While actively stabilizing its development releasing efficient safe stable reliable and
economic operations China has spared no effort to promote intelligent PV inverters that cater to different market needs As a responsible corporation GoodWe shoulders its
sustainable development and implement sustainable in various countries. GoodWe has raised the bar for its social responsibility practices corporate citizenship and
development strategies that will enable a comprehensive PV inverter products in response to the explosive growth is committed to fostering a greener future. It continues
green transformation of economic and social development. of distributed PV setting new technological requirements. to deepen communication and exchanges with internal
In light of this GoodWe remains committed to its mission of We increased our investment in the energy storage sector and external stakeholders such as employees suppliersbeing “a firm driving global energy transformation creating in 2022 focusing on the research and development of a and customers while creating a green environment. Thea sustainable future for the earth humanity and future series of new products that enable various energy storage Company continuously optimizes its internal management
generations and safeguarding green waters blue skies and application scenarios thereby accelerating the construction improves product and service quality focuses on employeebeautiful mountains and rivers.” We will continue to deepen of a new power system. development practices responsible procurement and
our involvement in sustainable development. empowers social welfare and rural development based on
Building the PV Dream and Shaping a Zero-Carbon City their suggestions and expectations. It consolidates its efforts
Compliance in Action for Steady and Sustainable Growth toward sustainable development with various stakeholdersWe have stayed true to our development vision of “Driving maintaining a steady course toward success. In 2022 weWe are committed to integrating the ESG (environmental the World’s Smart Energy Future” and are committed to continued to build a professional and effective talent training
social and governance) concept into the Company’s new energy generation and power supply equipment. system a diverse and equal talent development platform
development strategy and production operation. We follow As a result a smart energy management system and and an inclusive and harmonious work environment in order
a sustainable development strategy and deeply practice a regional smart energy comprehensive operation and to achieve talent and Company growth together. We have
corporate environmental social and corporate governance management ecosystem have been established centered donated a total of RMB 4.71 million for public welfare invested
responsibility. Looking back on 2022 we continuously on value-added energy services like smart PV power over RMB one million in the construction of PV power stations
improved the corporate governance structure continuously plant development and construction energy efficiency for impoverished families and actively responded to the
pushed for the fusion of industrialization and informatization management and optimization. We offer comprehensive national Whole-county PV Strategy and rural revitalization
strengthened the development of our compliance management clean energy solutions for public buildings businesses strategic plan through the “PV+” model helping China achieve
system regularly engaged with stakeholders held meetings to and end users. Through our smart energy management its ultimate goal of zero-carbon rural areas.discuss pertinent issues improved the organizational structure platform we actively implement national “carbon peakingand development direction of the Company and increased our and carbon neutrality” goals and focus on management With PV inverters at its core GoodWe is a full-service
competitiveness and capacity for sustainable development. operation power dispatch green energy trading and virtual solution provider that is constantly pushing the market toward
In 2022 the Company achieved RMB 4.71 billion in revenue power plants for distributed PV. This effectively uses the advancements in high-quality design. We currently take
and became the third-largest global energy storage inverter rooftop resources of public buildings such as government corporate responsibility actively promote our Company’s
supplier obtaining overseas market certifications and product agencies schools and hospitals to collect urban power values and self-assurance hold fast to our convictions and
reliability certifications from institutions such as SGS CSA plant clusters fully mobilize urban green energy resources move forward resolutely. We will keep strengthening our
KTC North America Japan and South Korea. and promote urban energy-saving and carbon-reduction foundation in the ESG field and putting national sustainable
efforts as well as energy planning via digital and intelligent development policies into action. Looking ahead we will
Upholding Tradition and Driving Innovation to Foster city energy management. We collaborated in 2022 to bravely forge ahead ride the winds and waves and work to
Development reduce carbon emissions pollution and increase greenery establish ourselves as a leading enterprise in the PV inverter
growth in order to fully enter the fast lane of green and low- and energy storage sectors.GoodWe has been dedicated to the core technologies of carbon development.PV inverters for over twelve years. We continuously iterate
022022 SOCIAL RESPONSIBILITY REPORT About GoodWe
About GoodWe
Company Profile
GoodWe Technologies Co. Ltd. (SSE STAR quality and has received numerous awards. energy storage technologies. To maintain its
Market: 688390) established in 2010 is a high- From 2015 to 2021 we won the TüV Rheinland leading position in the global energy storage
tech enterprise headquartered in Suzhou New “All Quality Matters” Award for seven consecutive market the Company continues to innovate and
District with subsidiaries in Germany the United years. From 2017 to 2021 GoodWe has won enhance the depth and breadth of its product
Kingdom Australia the Netherlands South the Top Inverter Brand Award from EuPD for five offerings. It achieves this by vertically improving
Korea Japan the United States Poland Spain consecutive years. In 2019 GoodWe was ranked its technologies and horizontally expanding its
Singapore and other countries and regions. Our as the NO.1 Global Hybrid Inverter Supplier by product lines to comprehensively cover all types
main business products include grid-connected Wood Mackenzie. In 2022 GoodWe has been of product requirements. In addition the Company
PV inverters energy storage PV inverters smart awarded a Silver Medal by EcoVadis the world's employs the Internet of Things (IoT) technology
data collectors and Smart Energy Management most-trusted provider of business sustainability combined with big data and cloud computing to
System (SEMS). We feature renewable energy ratings as a recognition to its strong ESG achieve an integrated service model for smart
conversion energy storage conversion and performance. We won the title of Best Employer management. GoodWe considers technological
energy management focus on reducing power in Suzhou 2022 for six consecutive years. innovation a key brand pillar and so both its newcosts and improving power efficiency. In 2020 Moreover GoodWe obtained overseas market logo and the accompanying brand slogan “SmartGoodWe became the first PV inverter and certifications and product reliability certifications Energy Innovator” were rebranded to bring out
smart energy solution company to be listed on from SGS CSA and KTC organizations in North this high-tech identity. The new logo has been
the Shanghai Stock Exchange’s Science and America Japan and South Korea including officially launched on January 7 2022. Following
Technology Innovation Board (STAR Market). North American certifications such as UL 1741 that new product designs will incorporate the new
UL 9540 IEEE 2030.5 testing and GW120K- logo highlighting the innovative brand identity
GoodWe is dedicated to the R&D production HT smart inverter certification testing as well behind the products. The incorporation of the new
and sales of new energy power and power as the KSGA-025-15-1 standard. With high- logo also reflects our commitment to innovation
supply equipment such as solar energy and quality products a good corporate reputation and sustainability. As a major driving force in the
energy storage. We have launched more than and a pro fess iona l team of employees global energy transition we will join hands with
20 series of grid-connected and energy storage GoodWe has established long-term partner- power grids communities and customers to drive
PV inverter products with a power range from ships with many companies including CHN the world’s smart energy future!
0.7 to 250 kW. Moreover we are committed ENERGY POWERCHINA CHINA ENERGY
to providing overall solutions for residential ENGINEERING CORPORATION LIMITED and
industrial and commercial users and utility-scale Trinasolar. This has led to a significant increase
projects. Our products are sold on a large scale As of the end of 2022 in global sales revenue for the Company.throughout China and in more than 100 countries the total number of
and regions. The Company’s residential energy GoodWe continues to develop its global strategic employees in the
storage inverter shipments ranked first in 2019. layout by establishing R&D centers production company was more than including over and nearly
In 2021 GoodWe ranked among the top six bases customer service centers and overseas
global PV inverter suppliers and in 2022 it bonded warehouses in multiple locations R&D personnel overseas employees
ranked among the top three global energy including Suzhou Shenzhen Nanjing India 3000 800 100
storage inverter suppliers. Turkey Brazil Mexico the United States and
Japan. The Company continuously enriches
GoodWe is widely acclaimed both at home and and improves its PV inverter product portfolio
abroad for its consistent and reliable product while also deepening its expertise in related
032022 SOCIAL RESPONSIBILITY REPORT About GoodWe
Corporate Culture
Mission Values
We are determined to become a major driving force in the Customer-centric hard-worker-prioritized and persevering
global energy transition building a sustainable future.Believe in mindfulness and perseverance
Vision
Truth-seeking practical professional and reliable
Driving the World’s Smart Energy Future
Smart optimistic resilient introspective and self-disciplined
Respect collaborate and share
All for one and one for all
042022 SOCIAL RESPONSIBILITY REPORT About GoodWe
2022 Highlighted Events
January 2022 July 2022 August 2022 December 2022
* Groundbreaking ceremony for the R&D * Signed a Cooperation Framework Agreement * Suzhou Innovation Leading Talents and Suzhou * Establishment of the first outdoor demonstration
building with GUOHUA ENERGY INVESTMENT CO. Youth Innovation Leading Talents 2022 testing project for photovoltaic building materials in the
LTD.* China Industry-University-Research industry* Provincial Industrial Internet Demonstration
Cooperation Innovation and Promotion * Obtained the Greenhouse Gas Verification Engineering Project (Benchmark Factory Category) * DNS G3 6kW product obtained Carbon Footprint
Award - Award for Industry-University- Statement Certification 2022 Certificate
Research Cooperation Innovation
Achievements June 2022 * Ranked Top Three Global Energy Storage Inverter * SMT 60kW product obtained Carbon Footprint Suppliers by Wood Mackenzie Certificate
* GoodWe’s high-speed rail station
advertisements were released covering * 2022 Jiangsu Provincial Special Fund for the * Guangde Phase II commenced production
Beijing Jinan Shanghai and Hangzhou Development of Green Buildings Project * Advanced Technology Research Institute for November 2022
* Ten-star certification for the completeness * Performance Evaluation of Jiangsu Province Independent Brand Large Enterprises and Leading
of after-sales service system Engineering Research Center of Technology - Enterprises in Suzhou * GoodWe’s first box-typed transformer substation was
Excellent successfully shipped providing a complete solution for
* Global Brand Renewal Conference * Brand Certification of “Made in Suzhou” ground power stations
launch of GoodWe IP2.0 * Jiangsu Provincial Academician Workstation * Sign a Strategic Cooperation Agreement with * PCBA Workshop Honored as Suzhou Demonstration
* Signed a strategic cooperation framework * Suzhou Intellectual Property Peak Project JIANGSU FINANCIAL LEASING Smart Workshop 2022
agreement with Soochow University
* Wuhan R&D Center Unveiling Ceremony
* Zhongxin Xude New Energy (Suzhou) Co. Ltd. October 2022
Unveiling Ceremony
February 2022 * Science and Technology Innovation Leading Talents in the
New District 2022
* Top 20 Revenue of Suzhou New District
in 2021 May 2022 September 2022 * Suzhou Municipal Demonstration Smart Workshop 2022
* EcoVadis Silver Certification for Sustainable Development* 2021 CSR report was officially released * Distinguished with the TüV Rheinland “All QualityMatters” Award for the seventh consecutive year Rating
March 2022 * GoodWe EcoSmart Home made its debut at InterSolar exhibition in Europe and was officially * Nanjing R&D Center Unveiling Ceremony * Charging Pile Product Launch
launched
* Photovoltaic Building Materials Product * Won the 11th “BJX Cup” Influential PV Inverter* Assisted Kaihua County Zhejiang in “Whole CountyPromotion”
Launch Conference * Demonstration Unit of Industry-University- Brand and Influential Integrated Energy Storage
Research Cooperation in Suzhou New District Solution Enterprise Award * National Intellectual Property Advantageous Enterprise
* Member of Carbon Neutrality Committee of * Signed a Strategic Cooperation Agreement with * GW30K-MT product obtained Carbon Footprint Certificate
April 2022 China Energy Conservation Association Tianbang New Energy Technology Co. Ltd. WUXI
EMPIRE NEW ENERGY Ltd. and CSI Solar Power * GW80K-MT product obtained Carbon Footprint Certificate
* May Day Labor Award of Jiangsu * Continued promotion of public welfare solar (China) Inc.projects * GW110K-HT product obtained Carbon Footprint CertificateProvince
* Launch of the GoodWe Guangde Smart Factory * GW250K-HT product obtained Carbon Footprint Certificate
* Turned out to be the best Asian * GoodWe’s first product based on the third- Series Brand Promotion Event
manufacturer in 2022 SPI test generation technology platform DNS G3 was
officially launched globally
052022 SOCIAL RESPONSIBILITY REPORT About GoodWe
2022 Highlights
Governance Environment Society
The Company held a total of The Company’s smart energy R&D building has Awarded the
been awarded the certificate for EcoVadis Silver
11 supervisory board meetings Sustainability Rating ultra-low energy
consumption building Awarded as a “National Intellectual Property passed a total of Advantage Enterprise”
43 resolutions 6 products of GoodWe have been awarded the No major safety accidents or work-related
carbon footprint certification injuries
No cases of corruption-related litigation Conducting corporate carbon inventories China Talent Management Cultural Model 2022
A total of As of November 2022 the self-consumption rate Best Employer in Suzhou 2022
of photovoltaic power in GoodWe’s Guangde
692 participants in anti-corruption training Industrial Park has reached 91% with Awarded as a “High-Tech Enterprise” by the government as well as a “Provincial Engineeringa total self-consumption revenue of RMB Technology Center” “Provincial Industrial Design
1.7175M and a cumulative Center” “Provincial Postdoctoral Innovation Workstation” and “Provincial Workstation forcarbon emissions reduction revenue of RMB Graduates”
122600 Invited to participate in the Intersolar Europe
an international solar energy exhibition held in
Munich Germany
More than RMB 1M has been invested in
rural revitalization public welfare projects
062022 SOCIAL RESPONSIBILITY REPORT About GoodWe
Awards and Honours in 2022
National Intellectual National Intellectual CPC Working Committee CPC Working Committee of
Property Advantage Property Advantage of Suzhou National Suzhou National High-Tech
Enterprise Enterprise High-Tech Industrial Top Ten Contributors to Industrial Development ZoneDevelopment Zone Top 20 Revenue Scale
The Advanced Technology Headquarter Economy in Enterprises in Suzhou Suzhou National High-Tech
Research Institute of Suzhou Municipal Suzhou New District 2021 Suzhou National New District 2021 Industrial Development Zone
Suzhou’s Major Independent People’s Government High-Tech Industrial Management Committee
Brands and Leading Development Zone
Enterprises Management Committee
Industrial Internet Industry and Information
Shishan Sub-district Office of
Benchmark Factory in Technology Department CPC Working Committee
Suzhou High-tech Zone (Huqiu
Outstanding Contribution
Jiangsu Province 2022 of Jiangsu of Suzhou National
District)
Industry-University- High-Tech Industrial
Award 2021
Hengtang Sub-district Office of
Research Collaboration Development Zone Suzhou High-tech Zone (Huqiu
Suzhou Municipal Suzhou Bureau of Demonstration Unit of
Demonstration Smart Industry and Information Suzhou National
District)
Suzhou New District
Workshop 2022 Technology High-Tech Industrial
Development Zone
Management Committee Certificate of AAA Credit Jiangsu Far East International
Suzhou Municipal Suzhou Municipal Rating Appraisal&Consultation Co.Headquarter Enterprise Development and Reform Ltd.May Day Labor Award Jiangsu General Labour
Commission Certificate of Jiangsu Union
Province
2022 Top 10 Most PVIC 2022
Creditworthy Enterprises on Suzhou New District Innovative Inverter
the Statistical Credit Red (Huqiu District) Bureau of Enterprises in China’s
List in Suzhou New District Statistics Photovoltaic Industry
2022 Top 10 BIPV (Building China Photovoltaic
Integrated Photovoltaic) Industry Association
Annual Excellent PV Inverter OFweek Brands Award 2022 Most Innovative PVIC 2022
Supplier BIPV Solution Provider
Award
China Industry-University-
Research Collaboration
Innovation and Promotion China Industry-University- China Top 10 Distributed China Photovoltaic Best Energy Storage Global Solar + Energy Storage
Award - Industry-University- Research Institute PV Inverter Brands Industry Association Demonstration Project Conference 2022
Research Collaboration Collaboration Association Award
Innovation Achievement
Award
072022 SOCIAL RESPONSIBILITY REPORT Responsible WE Future: Corporate Governance
This chapter responds to UN Sustainable
Development Goals (SDGs)
082022 SOCIAL RESPONSIBILITY REPORT Responsible WE Future: Corporate Governance
Governance Framework
The Company strictly abides by a series of laws and regulations including the Company Law of the People’s Republic of China the Securities Law of the People’s Republic of China and the Code
of Corporate Governance for Listed Companies. We have formulated our internal management system including the Rules of Procedure for the Shareholders Meeting the Rules of Procedure
for the Board of Directors the Rules of Procedure for the Board of Supervisors the Management System for Related Transactions the Management System for External Guarantees and the
Management System for Outward Investment. By clarifying the functions of the Shareholders Meeting the Board of Directors and the Board of Supervisors we aim to improve the corporate
governance structure establish a sound system for corporate governance and investor management.The Company organizes annual general meetings in strict accordance with relevant laws regulations
and the Rules for the Listing of Stocks on the Science and Technology Innovation Board of Shanghai
Shareholders Stock Exchange to develop procedures for convening holding deliberating voting and decision-
and making at the Shareholders Meeting fully protecting the exercise of rights of all shareholders. In
Shareholders
Meeting 2022 the Company held a total of nine Shareholders Meetings passed a total of 44 resolutions and
Quantitative Performance Indicator
adjusted the number of members of the Board of Directors through the proposal of the election of the
Board of Directors the Board of Supervisors and Senior Management.Shareholders Resolutions passed by
The Company strictly adheres to the requirements of relevant laws and regulations and establishes a Meetings the Shareholders Meeting
Board of Directors with a term limit of no more than three years per term and the option for re-election
upon term expiration. Additionally under the Board of Directors there are four special committees 9 44
namely the Audit Committee the Nomination Committee the Remuneration and Appraisal
Directors and
the Board of Committee and the Strategy Committee. The Company has established four specialized committees Meetings of the Resolutions passed at
Directors including the Audit Committee Nomination Committee Remuneration and Assessment Committee Board of Directors meetings of the Board of
and Strategic Committee. Through the resolution of the Shareholders Meeting the Company adjusted Directors
the number of members of the Board of Directors to seven for this year including three independent
directors. In 2022 the Company held a total of 14 Board of Directors meetings and passed a total of
82 resolutions. 14 82
Meetings of Resolutions passed at
The Company strictly adheres to the requirements of relevant laws and regulations the Rules of the Board of meetings of the Board
Supervisors Procedure for the Board of Supervisors and the Articles of Association and establishes its Board of Supervisors of Supervisors
and the Supervisors of three supervisors two of which are the employee representative supervisors who are
Board of responsible for the Company’s finance and the legality and compliance of the Company’s directors
Supervisors and senior management personnel in performing their duties. In 2022 the Company held a total of 11 11 43
meetings of the Board of Supervisors and passed a total of 43 resolutions.
092022 SOCIAL RESPONSIBILITY REPORT Responsible WE Future: Corporate Governance
Information disclosure management
The Company strictly abides by the Rules for the Listing of
Stocks on the Science and Technology Innovation Board of
Shanghai Stock Exchange the Measures for the Administration
of Information Disclosure by Listed Companies and other
regulatory requirements. We have established the Information
Disclosure Management System and other internal systems
to regulate information disclosure and reporting procedures to
ensure accurate timely fair and complete disclosure of relevant
information. We earnestly fulfill our information disclosure
obligations and continue to improve information transparency.Compliance Management
Investor relations management
The Company has formulated internal management systems Compliance management system
including the Management System for Investor Relations and
Media Interview Reception and the Investor Relations Management We have developed a GoodWe Internal Control Manual and other internal compliance management systems and
System. We communicate and interact with investors in an all- measures to institutionalize and standardize our compliance management. We classify and categorize business modules
around way via the investor hotline email the SSE E-interaction according to the Company’s actual conditions and build a risk control matrix for business modules covering organizational
and investor exchange meetings constantly expanding overseas structure development strategy human resources social responsibility corporate culture and communication. Moreover
investor base. In 2022 the Company organized a total of 252 we list the responsibilities and obligations concerning social responsibility in the Internal Control Manual and set the
investor exchange meetings including 161 conference calls with responsible department for social responsibility and risk levels. These measures facilitate competent departments to
institutional investors 62 on-site investor research sessions 26 control the business and ensure the Company’s healthy stable and sustainable development.brokerage strategy meetings and three performance briefings.The Company based on the opinion of the Audit Committee of the Board of Directors and in compliance with the
requirements of the Shanghai Stock Exchange develops its annual audit plan. We commission third-party professional
auditors for internal control audits of the Company to conduct internal control and internal audit work achieving a closed-
loop process of routine auditing preparation of audit working papers issuance of recommendations and subsequent
follow-up. This continuous improvement of the Company’s compliance system aims to increase employee awareness of
compliance and foster a culture of compliance within the Company.The Company organized a total of
We emphasize raising employees’ compliance awareness. GoodWe has established a sound and regular compliance
252 training mechanism regularly conducting compliance training. By disseminating information on compliance management policies and systems internal control compliance measures and basic compliance knowledge to employees the Company
investor exchange meetings continuously deepens and emphasizes the importance of compliance. This ensures that all employees understand and
adhere to the Company’s compliance goals and requirements and work together to achieve compliance goals.
102022 SOCIAL RESPONSIBILITY REPORT Responsible WE Future: Corporate Governance
Business ethics management Case GoodWe Integrity Training
We insist on lawful and honest operations and In September 2022 GoodWe
strictly abide by the Anti-Money Laundering Law conducted a training on the
of the People’s Republic of China and the Anti- theme of integrity through a
Unfair Competition Law of the People’s Republic combination of lectures and
of China. We implement integrity management group discussions. GoodWe
in a “zero-tolerance” approach and promote promoted the Company’s
employees’ integrity and compliance throughout code of conduct sor ted
our business work. We have establ ished out the in tegr i ty system
working mechanisms for cracking down on and processes discussed
commercial bribery reporting and complaints. management loopholes and
We have created a clean and upright compliance developed and implemented
environment and built an honest and clean improvement methods.workforce to fully protect the legitimate rights and
interests of the country the Company and all
stakeholders. GoodWe Integrity Training
The Company has established a sound reporting
and complaint system with multiple channels
including the supervision hotline and mailbox to The Company has established a comprehensive reporting and complaint system to
facilitate whistleblowing. It actively encourages strengthen its management of business ethics and actively encourages all stakeholders Quantitative
all stakeholders to report any illegal irregular to report any illegal irregular or improper corporate or employee behavior. The Company Performance
or improper behavior of the Company and has provided various channels to report such as the public hotline email and a newly Indicator
its employees. The Company also regularly added “GoodWe” email. The Company promptly and effectively investigates and
conducts anti-corruption training signs integrity handles any report of violations and provides feedback on the investigation results to the Percentage of employees
commitments with employees and improves self- whistleblower as soon as possible. Additionally the Company has implemented measures signing the Letter of Integrity
restraint and self-supervision mechanisms for to protect the legal rights of whistleblowers including not disclosing the whistleblower’s Commitment
employees. In 2022 the company achieved a name or department without their consent and using voice alteration technology during
100% employee participation rate in signing the communication. These measures effectively safeguard the legal rights of whistleblowers. 100%
integrity commitments and conducted a total of
12 anti-corruption training sessions with a total of Reporting Channels
692 participants. Anti-corruption training
sessions
Address: No. 90 Zijin Rd. New District Suzhou China 12
Telephone: 0512-62396791
Anti-corruption training
Email: GOODWE-Admin@goodwe.com
692 participants
112022 SOCIAL RESPONSIBILITY REPORT Responsible WE Future: Corporate Governance
Stakeholder Engagement
GoodWe always believes that working together with all stakeholders is the prerequisite for the long-term sustainable development of the Company. By building a social responsibility management
system and actively communicating with various stakeholders such as government regulatory agencies shareholders and investors through multiple channels GoodWe comprehensively
understands the demands of all stakeholders and sets up the material topics matrix for the current year.Stakeholder communication
To achieve long-term value enhancement for the Company GoodWe identifies stakeholders based on its overall business and corporate activities including government and regulatory agencies
shareholders and investors customers employees suppliers and partners and the public community. Meanwhile the Company thoroughly understands the expectations and demands of all
stakeholders to promote win-win cooperation with them.Stakeholder
Government and Investors and
regulators shareholders Customers Employees Suppliers and partners
Communities and
the public
Compliance Operational compliance R&D innovation Employee remuneration and Responsible procurement Supporting charity
Paying taxes Risk management Product quality benefits Fairness and transparency Supporting
Expectations according to law Operational transparency Customer service Employee training and Good faith in execution community
and Supporting development constructionStable returns Privacy security Cooperation for mutual
Demands national strategies Occupational health and benefits Promoting green
safety development
Protection of intellectual
property rights
Policies and Shareholders Meeting Visits to customers Labor unions Bidding meetings Volunteering
instructions Investors’ meetings Customer complaints Internal communication Surveys and visits Public welfare
Work reports Surveys and roadshow Satisfaction surveys platforms Exchanges and activities
Communication
Methods Information Information disclosure Telephone and email
Employee satisfaction surveys cooperation
submission
Telephone and email communication Care visits Industrial forums
On-site communication
inspections
122022 SOCIAL RESPONSIBILITY REPORT Responsible WE Future: Corporate Governance
Analysis of material topics
GoodWe is committed to establishing long-term stable and mutually trusting friendly cooperation relationships with all stakeholders closely communicating with them and identifying and
evaluating ESG topics in conjunction with the Company’s strategic development plan. In 2022 the Company reviewed ESG topics through communication with all stakeholders and discussions at
the board level. Eventually 25 important topics were identified including 18 high-materiality topics five medium-materiality topics and two low-materiality topics. This report will focus on disclosing
the relevant information of high-materiality topics.GoodWe 2022 Material Topic Matrix
High
High-materiality topics Medium-materiality topics High-materiality topics 12
4
3
1 Product and Service 2 R&D Innovation 3 Protection of Employee 7 5
Quality Rights and Interests 8
6
4 Protection of Intellectual 5 Occupational Health and 6 Performance Growth
Property Right Safety 9 10
7 Compliance 8 Industrial Cooperation 9 Supply Chain 11 14
and Development Management 12
13
10 Customer Privacy 11 Business Ethics and 12 Equal Opportunity and 16 15
Protection Anti-Corruption Diversity
13 Corporate Governance 14 Employee Training and
17
15 Employee Care
Development
1918
16 Operational Transparency 17 Energy Conservation and 18 Employee Remuneration
Consumption Reduction and Benefits 21 20
Medium-materiality topics
19 Public Welfare and 20 Clean Energy Exploitation 21 Resource Recycling 24 22
Investment and Utilization
23
22 Waste Management 23 Response to Climate
Change 25
Low-materiality topics
Low-materiality topics Low Materiality to GoodWe High
24 Water Use and 25 Biodiversity Conservation Environmental Topics Governance Topics Social Topics
Management
13
Materiality to Stakeholders2022 SOCIAL RESPONSIBILITY REPORT Responsible WE Future: Corporate Governance
Contributing to the UN SDGs
In September 2015 the United Nations Sustainable Development Summit adopted the 2030 Agenda for Sustainable Development. GoodWe followed the guidance of UN Global Compact with
a focus on creating value for all stakeholders and combined corporate social responsibility management practices and identified 12 core goals based on current business operations and future
strategic development directions. We will focus on devoting resources and leveraging our strengths in relevant target areas to practice our corporate social responsibility.The material topics we have identified are highly aligned with the UN SDGs and the corresponding relationships are as follows:
Public Welfare and Resource Recycling Clean Energy Exploitation Investment and Utilization
Response to Climate
Change Waste Management
Biodiversity
Conservation
Water Use and
Management
ESG Topics
High-materiality
topics
Product Safety and R&D Innovation Protection of Intellectual Industrial Cooperation Occupational Health and Quality Property Right and Development Safety Compliance
Customer Privacy Protection of Employee Supply Chain Business Ethics and
Protection Rights and Interests Performance Growth Corporate Governance Management Anti-Corruption
Employee Training and Equal Opportunity and Operational Employee Care Energy Conservation and Employee Remuneration Development Diversity Transparency Consumption Reduction and Benefits
We have also joined the UN Global Compact and pledged to support its ten principles in the areas of human rights labor standards environment and anti-corruption. We are committed to
integrating the Global Compact and its principles into corporate strategy and culture actively build partnerships with other member companies and stakeholders jointly taking sustainable
development actions to contribute to the realization of the UN SDGs.
14
Medium
t -o mp aic tes riality
lity a
ate
ri
ow-
m
opi
cs
L t2022 SOCIAL RESPONSIBILITY REPORT Innovative WE Future: Product Innovation
This chapter responds to UN Sustainable
Development Goals (SDGs)
152022 SOCIAL RESPONSIBILITY REPORT Innovative WE Future: Product Innovation
Strengthening R&D Innovation
We infuse innovation vitality into the Company by continuously improving the innovation system and mechanism construction developing an innovation talent pool increasing our investment in
R&D activities actively engaging in industry-university-research collaboration and establishing a collaborative and win-win innovation ecosystem. Furthermore to effectively prevent legal risks
associated with intellectual property we constantly improve our intellectual property management system and strengthen our internal intellectual property management through forms such as
intellectual property training.g Ut
ildin ilitBu y
PV rial
s Inv -se c
Mat
e rt ae lr es
R&D Innovation
Product R&D Innovation
We are constantly improving our R&D capabilities and have been
innovating for many years occupying the technological high ground. GoodWe’s
In terms of product innovation we have established an effective product portfolio
R&D system that is based on a number of external standards
including IEC62109-1 IEC61000-6-1 EN50549-1 and VDE4105.We have never stopped upgrading and enriching our own business
injecting new life into the Company’s development. We are dedicated
to providing all-encompassing smart energy solutions. Power
electronics new energy control energy management energy storage
conversion mass data collection storage and application are all
areas of technological R&D that we focus on.Hybrid Inverters
16
Monitor
a inn gd SA yc sc te es mso ries
Re
I sn iv de er nte tir as l
mercia
l and
Com Inverte
rs
ustrial
Ind
ies
att
er
ge
B
Sto
ra2022 SOCIAL RESPONSIBILITY REPORT Innovative WE Future: Product Innovation
We constantly accelerate our product innovation and iteration speeding up the development of new energy generation systems. In 2022 our products obtained certifications from
During the reporting period we stepped up our efforts to empower a wide range of products. authoritative institutions in North America Korea
and other regions and have gained recognition in
GoodWe DNS G3 Series Residential Inverter GoodWe ES G2 Hybrid Inverter overseas markets.The GoodWe DNS G3 series inverter The GoodWe ES G2 inverter ranging from
is specially designed for single-phase 3 to 6kW is a single-phase hybrid inverter North American Market
residential applications. Integrated with designed to increase self-consumption of
high-current input and DC input oversizing the generated solar energy with the ability
capabilities the series can bring you to control the flow of energy intelligently. Certifications:
optimized power generation and make Its smart design also offers great flexibility North American UL
substantial returns. With its lighter and for demanding scenarios as it supports
fanless house fit-in compact design the parallel connection for dependable backup 1741 UL 9540 and
DNS G3 inverter provides a reliable power power supply. Featured with plug-and- IEEE 2030.5 testings
supply yet runs at a super quiet operation play compact design and minimal weight
below 25dB. The inverter also takes PV installations are quicker and easier to Certification Agencies:
safety measures including optional Arc complete than ever before. Importantly SGS CSA
Fault Failure Interrupter (AFCI) and Type ES G2 is compatible with a wide range
II Surge Protection Device (SPD) on both of low voltage batteries such as GoodWe
sides to protect the system from electrical Lynx Home U battery. For homeowners
fire and lightning hazards in extreme looking to achieve a high degree of energy
environments for guaranteed safety. autonomy reliable power supply and
affordable energy prices the ES G2 is the
right choice.GoodWe New ET Series Hybrid Inverter GoodWe Lynx C Series High Voltage Lithium Battery
Korean Market
GoodWe ET 15-30kW Series inverter Featuring enhanced safety and reliable
is ideal for large residential or small performance GoodWe's high-voltage
commercial and industrial applications. As battery Lynx C Series has been specially Certifications:
the core of the energy storage solution the designed for various C&I solar rooftop Certification testing for
high-voltage inverters facilitate powerful appl icat ions. Lynx C combines wi th GW120K-HT intelligent
energy backup and load management for GoodWe hybrid inverter ETC Series and
optimized autonomy and reduced energy retrofit battery inverter BTC Series to form inverter KSGA-025-15-1
cost. The ET inverters also present peak a highly-flexible energy storage system that standard
shaving that balances power demand and helps manage energy use for maximized
grid power imported to effectively reduce self-consumption and ensures a reliable Certification Agency:
extra grid demand. Furthermore thanks to power supply for business. In addition KTC
dry contact in the inverter external loads the system allows the user to level out
such as heat pumps can also be flexibly peak demands and ultimately leads to
activated to optimize energy consumption. the reduction of electricity bills. It offers
The series can be combined with a range a capacity of 101 kWh to 156 kWh and
of battery capacities and brands including supports a parallel connection of up to
the GoodWe Lynx Home F. 3 towers for a maximum capacity of 468
kWh.Major Innovative Products for 2022
172022 SOCIAL RESPONSIBILITY REPORT Innovative WE Future: Product Innovation
R&D capability building R&D innovation awards
We strive to improve our employees’ R&D capabilities and The Company has been recognized as a High and New Tech Enterprise Provincial Engineering Technology Center Provincial
to build a professional R&D team. We had over 800 R&D Industrial Design Center Provincial Postdoctoral Innovation Workstation and Provincial Workstation for Graduates by the
personnel at the end of the reporting period. GoodWe has government. Our testing laboratory has also successfully obtained the accreditation from CNAS (China National Accreditation
dedicated patent application channels and actively organizes Service for Conformity Assessment) as a national testing laboratory.incentive activities for R&D personnel to encourage innovation
and boost R&D vitality. In addition we offer specialized China Industry-University- Industry and Information
learning platforms and organize internal training within Research Cooperation Suzhou New District Suzhou Municipal People’s Technology Bureau of
departments to help employees improve their R&D expertise. Promotion Association Management Committee Government Suzhou Municipality
We increase our investment in R&D equipment each year to
ensure adequate R&D resources.
2022.012022.052022.082022.10
GoodWe actively creates a platform for industry-university-
research collaboration and forms strategic alliances with
Industry-University-Research Suzhou New District Suzhou Advanced Suzhou City-Level
numerous prestigious universities and research institutions
Cooperation Innovation Industry-University- Technology Research Demonstrative Intelligent
to help improve product intelligence and reliability. We have
and Promotion Award - Research Cooperation Institute for Independent Workshop in 2022
been collaborating with research institutions since 2015 to
Industry-University-Research Demonstration Unit Brand Enterprises and
promote the R&D of new energy-power electronics products.Cooperation Innovation Leading Enterprises
We have established a number of industry-university-research
Achievement Award
collaborations with universities such as Zhejiang University
Shanghai Jiao Tong University Soochow University Nanjing
University of Aeronautics and Astronautics Hohai University
Changzhou Campus and the Chinese University of Electronic
Science and Technology. We have also established national-
level post-doctoral research workstations to strengthen talent
development for the entire industry.Case GoodWe was selected for the 2022 Provincial Academician Workstation Construction Project
Provincial academician workstation aims to provide
strong support for enhancing enterprises’ independent
innovation capabilities and market competitiveness
by focusing on enterprises’ innovation needs relying
on enterprises’ R&D departments and using industry-
university-research projects as a link. In 2022 the Jiangsu
Provincial Department of Science and Technology issued
a notice on the construction of provincial academician
workstation and GoodWe Technologies Co. Ltd. was
selected as the only enterprise in Suzhou New District to
participate in the project. GoodWe R&D Innovation Awards in 2022
182022 SOCIAL RESPONSIBILITY REPORT Innovative WE Future: Product Innovation
Protection of intellectual property rights
GoodWe adheres to the national standard Enterprise Intellectual Property Management we have created an Intellectual Property Management Manual that is tailored to the Company’s current
situation. We have established an intellectual property management policy and clarified the responsibilities of each department to protect the intellectual property owned by our Company. We
also meticulously implement the Intellectual Property Risk Management Control Procedures protect our intellectual property rights and avoid infringing the intellectual property rights of others.Meanwhile we have established the main management process for intellectual property rights and strengthened the management of intellectual property rights.* Manage intellectual property work GoodWe has complete independent intellectual property rights over its core
Intellectual through the WE-IP intellectual technologies and products which ensures its leading position in the market During the reporting period
Property property management system application of the technologies. we organized
Innovation
Service * In charge of IPR applications GoodWe actively organizes intellectual property training to promote relevant 10 intellectual property
Center management of IPR accounts knowledge among employees. During the reporting period we organized 10 training activities in total
maintenance of IPR and the intellectual property training activities in total.protection of IPR
Technology * In charge of reviewing patent
Center disclosures
In April 2022 we organized
* In charge of evaluating the quality of learning activities including the Fast
patents and conducting risk analysis Preliminary Review and Writing
Based on Fast Preliminary ReviewIn February 2022 we invited during the “World Intellectual Property In April 2022 we organizeda third-party organization to Day” series events on April 26 training activities featuring
* In charge of the annual internal conduct a training session Training on Intellectual Property
System audit related to IPR titled Strengthening Trademark Management System Basic
Center Protection and Utilization to Knowledge of Patents and
* In charge of organizing and Promote High-Quality Brand Integration of Intellectual Property
implementing external audits and Development for our Marketing into R&D Process Patent Writing
issuing relevant documents Sales and Product Centers and Response etc.IPR Management Process
192022 SOCIAL RESPONSIBILITY REPORT Innovative WE Future: Product Innovation
We passed the test on national standard
Enterprise Intellectual Property Management
in 2020 and received satisfactory results in
the system surveillance audits in 2021 and
2022. In October 2022 we were recognized The Company was involvedas a “National Intellectual Property Advantage in no disputes or casesEnterprise” by the National Intellectual Property
Operation Promotion Bureau. We have now concerning intellectual
obtained the Intellectual Property Management property rights during the
System Certification. The Company was reporting period
involved in no disputes or cases concerning
intellectual property rights during the reporting
period.Intellectual Property
Management System
Certification
Quantitative Performance Indicator Unit 2022
New invention patents item 13
New utility model patents item 50
New design patents item 19
Total new patents item 82
Patents
Intellectual Invention patents held item 57
property rights Utility model patents held item 124
Design patents held item 34
Total patents held item 215
New trademarks item 52
Trademarks
Total trademarks held item 87
GoodWe’s Intellectual Property Statistics Table 2022
202022 SOCIAL RESPONSIBILITY REPORT Innovative WE Future: Product Innovation
Strengthening Quality Upgrading product quality
Management GoodWe is committed to providing high-quality products for our customers and taking personalized measures in production
such as introducing automated equipment. We not only reduce costs and increase efficiency through automated operations but
The fundamental quality management concept of GoodWe we also improve product quality.is to create “Good” products and to establish “Good” quality.We insist on providing customers with high-quality high-
performance products earning their trust through consistent Case GoodWe introduces AGV automated handling equipment
and dependable product quality. We are constantly
optimizing our quality management system organizing In 2022 we introduced AGV automated handling
quality improvement activities and strengthening product equipment to improve material handling efficiency.quality management. In addition we have also collaborated with
suppliers and various units within the factory to
Product quality system conduct multiple in-depth discussions guiding suppliers to expand the dock operation route to
two lines fully releasing production line space.GoodWe regards product quality as the lifeline of the We have achieved a fully automated process of
Company and we have also developed the Quality Manual. material warehousing - issuing materials to the
To ensure the quality of our products exported overseas production line - finished product warehousing
we actively comply with the universal standards of exporting improving operation efficiency and reducing
countries and regions. We have received ISO 9001:2015 personnel by six people per shift.quality management system certification as of the end of the
reporting period.Case GoodWe introduces assistive arms
In August 2022 we introduced assistive arms
in the manufacturing process to solve problems
such as high physical fatigue of personnel during
handling and machine collisions. The introduction
of assistive arm equipment reduced the height
of bending during ground-level handling and
achieved high-precision positioning at elevated
heights thus improving production efficiency while
alleviating physical fatigue and ensuring product
quality.ISO 9001:2015 Quality Management System Certification
212022 SOCIAL RESPONSIBILITY REPORT Innovative WE Future: Product Innovation
We also actively carry out diverse quality promotion and training activities to continuously improve product quality.Case GoodWe carries out Quality Month activities Case GoodWe develops “DOE Experimental Design Course”In September 2022 GoodWe launched the second Quality Month activities with the theme of “Building Good Quality Creating In July 2022 GoodWe launched the “DOEWE Future”. The Quality Month was targeted towards all employees and also planned online and offline special activities for Experimental Design Course” with the aim of
different fields. improving process quality enhancing product
quali ty and improving work eff iciency. In
November 2022 the closing ceremony of
All-employee knowledge contest Specialized training for internal auditors in the three management systems the “DOE Experimental Design Course” and
the project results release conference were
successfully held in the training room on the
To promote the learning and application of quality To solidify the foundation of the Company’s ISO 9001 quality third floor of the GoodWe headquarters. Three
knowledge and skills the China Association for Quality management system ISO 14001 environmental management representative groups reported on their research
launched a national contest on comprehensive quality system and ISO 45001 occupational health and safety topics and shared the product quality and
management knowledge for employees of enterprises. management system and to enhance the auditing skills of production efficiency issues they discovered and
The contest was conducted in the form of online quizzes internal auditors GoodWe organized a three-system internal solved through the practice of DOE.and exquisite prizes were offered. GoodWe’s employees auditor training for the year 2022 during the Quality Month.actively participated in this all-employee knowledge contest The training invited senior consultants from an external
and gained fruitful results. consulting company to conduct offline on-site trainingadopting a “classroom teaching + group discussion + caseanalysis” approach to comprehensively explain the basic
standards of management systems audit preparation and
audit implementation. A total of 73 people participated in this
on-site training and obtained the internal auditor certificate.
222022 SOCIAL RESPONSIBILITY REPORT Innovative WE Future: Product Innovation
Accelerating the Integration of Informatization and Industrialization
GoodWe established an integrated industrialization and informatization management system which provided a clear direction for the integration of strategic objectives with information technology.We continuously optimize the management mechanism of information technology and industrialization integration implement the integrated management system of industrialization and
informatization and implement diverse measures to promote the integration of the two and have achieved excellent results.I-I Integration System I-I Integration ResultsFor the integration of industrialization and informatization we adhere to the policy of “industrialization shaping the industry GoodWe held an internal audit meeting on the integrationbrand” and “informatization leading enterprise development.” We always regard scientific management as the driving force of informatization and industrialization in the Company
for development regard quality as the life of the enterprise continuously increase technology investment strive to provide in August 2022. The internal audit concluded that the
customers with all-around high-quality services and strive to create an industry brand. Furthermore we promote industrial Company’s I-I integration management system standards
transformation through informatization upgrade management methods and tools transform manufacturing modes and and system documents had been fully implemented in
adapt to new development opportunities under the Internet model. various departments and related production processes and
that the I-I integration management system was operationally
We strive to improve the integration of the two systems and have compiled a list of relevant documents for the two sound. The Company held a management review meeting
systems such as the I-I Integration Management Manual the Control procedure for the technical realization process of I-I on I-I integration management the same month and fully
integration and the Control procedures for I-I integration matching and regulation. We have also established a two-system affirmed GoodWe’s achievements in the operation of its I-I
integration organizational structure clarifying the responsibilities and duties of each department. integration system.General Our integration of
Manager the I-I integration
system has received
external recognition
in addition to internal
Management reviews. We received
Representative the AA Integration
of Informatization
Sales Center Product Center R&D Center Procurement and Industrialization Center Management
Certificate during the
reporting period.Operation Center Management Center Financial Center
Quality Process &
IT Department
AA Integration of Informatization
Informatization and Industrialization Integration Organizational Structure and Industrialization Management Certificate
232022 SOCIAL RESPONSIBILITY REPORT Low-Carbon We Future: Environmental Management
This chapter responds to UN Sustainable
Development Goals (SDGs)
242022 SOCIAL RESPONSIBILITY REPORT Low-Carbon We Future: Environmental Management
Fulfill Environmental Management
Responsibilities
We implement the policy of low-carbon development and environmental protection in all aspects of
our operations continuously improving the environmental management system effectively managing
environmental risks and reducing environmental hazards. While actively fulfilling our social
responsibilities we contribute to the sustainable development of GoodWe.Environmental management system
We strictly abide by the Environmental Protection Law of the People’s Republic of China the Energy
Conservation Law of the People’s Republic of China the Atmospheric Pollution Prevention and
Control Law of the People’s Republic of China the Water Pollution Prevention and Control Law of
the People’s Republic of China the Law of the People’s Republic of China on the Prevention and
Control of Environmental Pollution by Solid Waste and the Law of the People’s Republic of China on
the Prevention and Control of Environmental Noise Pollution. We have developed policy documents
such as the Noise Control Procedure the Waste Control Procedure and the Wastewater Control
Procedure and are committed to fulfilling our environmental management responsibilities.In 2022 we passed the surveillance audit for ISO
14001:2015 Environmental Management System
which covered the research and production of PV
inverters.ISO 14001:2015 Certificate
We set EHS management goals and work schedules at the start of each year. We take
organized measures to ensure that each goal is met and to improve environmental
management performance in order to achieve these EHS goals. We set goals for
hazardous waste disposal internal and external audits in 2022 and we have tracked our
progress toward these goals.
252022 SOCIAL RESPONSIBILITY REPORT Low-Carbon We Future: Environmental Management
Environmental risk management
We have developed the Measures for the Environmental Emergency Response Management for Environmental Incidents of Jiangsu GoodWe Power Supply Technologies Co. Ltd. to improve
the Company’s ability to prevent and respond to environmental emergencies and reduce environmental hazards. GoodWe has implemented monitoring measures for environmental risk sources
established emergency prevention measures equipped various emergency facilities and rescue materials and strengthened emergency training and drills for employees in response to potential
environmental risks such as leaks fires and explosions during the operation and use of the Company’s production storage public works and environmental facilities.Emergency response measures for Emergency measures for air pollution Emergency measures for water
sudden environmental incidents on site incident protection targets pollution incident protection targets
The emergency response team is responsible for Residents nearby may be affected by the exhaust A water pollution incident should be reported
providing a report on the nature of the incident gas produced after a fire. The management right away to the High-Tech District Management
source parameters dispersion and meteorological committee’s relevant departments should be Committee by GoodWe’s emergency response
conditions after an incident occurs. They are also in informed right away via phone the Internet and team. The committee will then direct qualified
charge of taking immediate action at the scene of the other channels. These departments should then units to collect samples and conduct analyses at
incident to prevent it from spreading implementing act quickly to alert businesses that might be the water intake and advise downstream water
risk-reduction measures in the contaminated area impacted by atmospheric pollution and evacuate users to take emergency action. To precent further
and rescuing injured employees. those in the area that is downwind of the accident. incidents prompt response measures must be
To reduce the risk of pollution and quickly lower taken if the COD pH and other indicators are
the concentration of pollutants in the air it may be above the threshold. The plant area should also
necessary to strengthen the near-ground ventilation take precautions to prevent materials from getting
in contaminated areas. into nearby bodies of water.
262022 SOCIAL RESPONSIBILITY REPORT Low-Carbon We Future: Environmental Management
Promoting Energy Conservation and Emission Reduction
GoodWe is committed to achieving resource conservation efficient energy management and emission reductions. We diligently carry out our environmental responsibilities and wholeheartedly
support the concept of sustainable development. We strive to improve our environmental protection efforts and ensure our commitment to sustainability through well-organized energy management
and efficient resource utilization.Resource conservation Energy management
Use of packaging materials GoodWe continues to improve energy management reduces energy consumption in manufacturing
and operations imporves energy utilization efficiency and increases the proportion of green energy
use. We analyze and track our factory buildings’ energy consumption from a variety of perspectives
The raw materials used in GoodWe’s inverters meet ROHS regulations. We use including energy types time scales building spatial structures and different production lines. This
recyclable aluminum alloy materials to manufacture inverter casings and covers. allows us to develop specific energy-saving policies for the future.GoodWe selects sustainable AL6063 metal as the heat sink material based on
requirements such as heat dissipation weight weather resistance and production Case GoodWe Actively Implements Energy-saving Renovations
cost.We practice “plastic reduction” when using packaging materials reducing the white In 2022 GoodWe carried out energy-saving renovations
pollution brought on by plastic packaging materials and attempting to make our on the air conditioning system aiming to achieve a
packaging materials more environmentally friendly. We achieved 100% recycling 10% to 20% reduction in energy consumption using Expected electricity cost
of packaging materials while lowering packaging costs by swapping out traditional professional technology. We have transformed the savings of RMB
EPE cushioning materials for more readily biodegradable and reusable paper-plastic pure fresh air fan in the PCBA workshop into a flexible
packaging. We also follow lightweight design guidelines concentrating on reducing fan that can switch between fresh air and recirculating
the overall products’ volume and weight. GoodWe’s inverters’ lightweight design air according to the workshop environment effectively 63840
lowers the cost of packaging and shipping. using energy. In addition we have replaced workshop
lighting during the reporting period with an expected
electricity cost savings of RMB 63840.Use of water
To avoid leaks and stop water waste we regularly
inspect buildings and keep an eye on water usage. Total water consumption
To improve the efficiency of water use we also install
water-saving urinals and toilets in our restrooms. By 45570 tonnes
modernizing our landscape facilities and collecting
and recycling overflow water for irrigation we also
actively practice water resource recycling.GoodWe Water
Consumption Statistics
272022 SOCIAL RESPONSIBILITY REPORT Low-Carbon We Future: Environmental Management
During the reporting period GoodWe implemented corresponding practices in the development of distributed PV and smart microgrid
platforms advancing the smart energy revolution and promoting local economic development.Case GoodWe Guangde Smart Power Station Demonstration Project - GoodWe Guangde 2.8MW Distributed Photovoltaic Power Station
T h e G o o d We G u a n g d e S m a r t P o w e r S t a t i o n The annual power generation The cumulative grid-connected
Demonstration Project is located in the production base of the GoodWe Guangde power generation was
of GoodWe’s Anhui Guangde Phase I factory. The project Smart Power Station exceeded
has a total investment of more than RMB 10 million and
includes various photovoltaic forms such as photovoltaic
sunrooms integrated photovoltaic storage and charging 2.34 M kWh 198700 kwh
carports building-integrated photovoltaics (BIPV) and
lightweight component warehouses with a total installed
capacity of 2.8 MW. with a self-consumption rate of The cumulative feed-in tariff
income was RMB
The project utilizes the GoodWe Smart Energy WE-Seeds
platform which employs multiple intelligent sensors
such as high-precision commercial weather forecasts 91% 76100
high-precision meteorological environment monitoring
instruments inverters and smart collectors for online
comprehensive perception intelligent control intelligent The cumulative self-consumption The cumulative carbon
warning and intelligent diagnosis of the PV power revenue was RMB emissions reduction was
plant. With the assistance of the WE-Energy App the
project achieves efficient convenient and cost-effective
management of the PV assets through online and offline 1.7175 M 2323.32 tonnes
mobile operation and maintenance coordination.As of November 2022 the annual power generation of
the GoodWe Guangde Smart Power Station exceeded The cumulative The cumulative carbon
2.34 million kWh with a self-consumption rate of 91%. self-consumption emissions reduction revenue
The cumulative self-consumption revenue was RMB power was was RMB
1.7175 million the cumulative self-consumption power
was 2.1416 million kWh the cumulative power-grid power 2.1416 M kWh 122600
was 198700 kwh and the cumulative feed-in tariff income
was RMB 76100. The cumulative carbon emissions
reduction was 2323.32 tonnes and the cumulative
carbon emissions reduction revenue was RMB 122600
(calculated at RMB 52.78/tonne of carbon emissions for
those within carbon credits).
282022 SOCIAL RESPONSIBILITY REPORT Low-Carbon We Future: Environmental Management
Case GoodWe Guangde Smart Microgrid Demonstration Project - GoodWe Guangde Phase I GoodWe Energy Consumption and Usage StatisticsSolar-plus-storage-plus-EV charging Smart Microgrid
The GoodWe Guangde Phase I Solar-plus-storage-plus-EV charging
Smart Microgrid is located at the GoodWe Guangde Phase I
manufacturing base in Anhui province China. The project consists of a Over
2.8 MW photovoltaic system a 2.5 MWh energy storage system and energy storage
eight charging piles. The project is built using GoodWe’s independently 100 Natural gas
produced energy storage inverter energy storage battery and energy regulations
storage PCS facilities and forms a solar-plus-storage-plus-EV 37964
charging microgrid. The project is fully managed and operated using m3
GoodWe’s WE-Power platform for smart energy management.Over
By the end of 2022 the project had achieved refined management of 20 demand responseselectricity consumption in the factory area with more than 100 energy Comprehensive power
storage regulations and more than 20 demand responses. This has consumption
improved the self-consumption rate of PV power by about 2%.
14540.11
MWh
In the field of energy management we have received recognition from professional organizations and society. GoodWe
was awarded the certificate for ultra-low energy consumption buildings in June 2022. The China Association of BuildingEnergy Efficiency designated GoodWe’s smart energy R&D building as a “Better Buildings Action DemonstrationProject” in August 2022.Ultra-Low Energy Building Certificate Better Buildings Action Demonstration Project Certificate
292022 SOCIAL RESPONSIBILITY REPORT Low-Carbon We Future: Environmental Management
Emission reduction
We effectively control waste gas smoke and wastewater emissions and strive to reduce the waste in production We are constantly putting the
and operations. We have established internal policies and documents such as the Waste Control Procedure and concept of green development into
the Chemical Control Procedure to standardize waste classification collection storage and disposal. We have practice reducing greenhouse gas
established a dedicated hazardous waste disposal process and entrusted qualified third-party compliance disposal. emissions and carbon footprint in
our production and operations fully
Furthermore GoodWe inverters are designed to be quiet. We use fanless designs for household inverters and low- demonstrating our commitment
noise fans for commercial and industrial products to reduce noise pollution caused by fans. and responsibility in the green
era. GoodWe PV inverters not
only generate and convert green
electricity but the products and
manufacturing processes are also
GoodWe Emissions Statistics environmentally friendly and low-
carbon. Six GoodWe products
were awarded Product Carbon
Quantitative Performance Indicator Unit 2022 Product Carbon Footprint Footprint Certification in 2022. Certification
Total waste gas emissions m3 73244000
Total dust discharge tonne 0.0418
Meanwhile we verify greenhouse gas emissions at the
Total effluent discharge tonne 36456 enterprise operation level in accordance with the ISO 14064-
Hazardous waste 1:2018 standard. The greenhouse gas emissions for the
Company's fiscal year 2021 and 2022 had been verified
Total hazardous waste tonne 35.61 by a third-party organization. The data for the 2022 carbon
verification are as follows:
Waste chemical packages waste cleaning agent
and waste activated carbon tonne 35.61
GoodWe Greenhouse Gas Emissions Statistics
Non-hazardous waste
Total non-hazardous waste tonne 63.40 Quantitative
Performance Indicator Unit 2022
Grease tank waste tonne 2.50
Scope 1 tonne of CO2e 527
Yard waste tonne 0.50
Scope 2 tonne of CO2e 8292
Household waste tonne 30.20
Kitchen waste tonne 30.20 Total tonne of CO2e 8819
302022 SOCIAL RESPONSIBILITY REPORT Low-Carbon We Future: Environmental Management
Practicing Green Operation
We put the concept of a green sustainable and low-carbon office into practice in our daily office work and corporate culture development and we strive to raise employee awareness of energy
conservation and environmental protection. We make every effort to create a green and low-carbon workplace thereby contributing to the creation of a green environmentally friendly energy-
saving and low-carbon living environment.We have taken a variety of steps to increase our employees’ environmental awareness such as posting articles about saving electricity and energy and promoting an energy conservation and
environmental protection culture among our employees.We have also implemented intelligent lighting control in the Company’s public areas by smartly
Turn off the power when not in use and save water controlling the public corridor lighting system in the office area. In addition we have placed stickers in
the office buildings promoting water and electricity conservation and secondary paper printing boxes.* Fully utilize natural light and avoid using indoor lighting when there is sufficient
sunlight
* Use air conditioning reasonably control indoor temperature and when air
conditioning is used close doors and windows
* Turn off lights and electrical appliances such as air conditioning when no one is
in the office area
* Develop water-saving habits shorten water use time and remember to turn off
and tighten the faucet when not in use
Resonable use of paper say no to waste
* Save every piece of paper advocate double-sided use of paper and reuse paper Promotion of Reusing Paper
* Promote paperless office and advance Internet information-based office platform
Save food clean your plate
Intelligent Lighting Control
* Practice “clean plate action” order meals appropriately cherish food and reduce
waste
Limit the use of plastic and sort garbage
* Reduce the use of non-degradable plastic products and disposable consumables
* Sort and dispose the garbage according to classification standards strengthen
the unified collection and reuse of recyclables
Green transportation energy conservation and
emission reduction
* Reduce the use of private cars and prioritze walking cycling or public
transportation
* Use more green and low-carbon transportation methods such as shared Stickers Promoting Water Conservation
transportation
312022 SOCIAL RESPONSIBILITY REPORT Better WE Future: Win-Win Partnerships
This chapter responds to UN Sustainable
Development Goals (SDGs)
322022 SOCIAL RESPONSIBILITY REPORT Better WE Future: Win-Win Partnerships
Enhancing the Level
of Customer Service
We adhere to the customer-centered value and are
constantly working to improve our service management
system. We are actively addressing customer needs.We provide all-around customer rights protection and
higher-quality and more convenient services for global
customers and strive to continuously improve customer
satisfaction.Improving customer service
GoodWe is dedicated to offering customers innovative and reliable
products and services worldwide. Our full range of products have
been exported to more than 100 countries and regions around the
world. We have established subsidiaries and branches in 23 countries
Customer complaint Initial solution provided Resolve customer issues
and regions including the United States Brazil Australia Germany responded within 15 minutes within 2 hours within 24 hours
India and Japan in order to increase service effectiveness and
quality. We offer one-stop services covering the entire product life
cycle including product consultation system design equipment Customer Complaint Handling Principle
installation and after-sales services for customers around the world.Complaint handling and after-sales service
management N
We attach great importance to customer complaints and feedback.We strictly adhere to internal management systems including the Receiving
and Determining Solving calling The problem
Customer Complaint Handling Process and optimize the complaint Customer solved and Y
complaint recording Investigation
the back
responsible the to the the customer Conclusion
handling mechanism. Customers can report dissatisfaction by calling the problem
complaint department customer satisfied
the 400-hotline using WeChat or communicating with salespeople.Our customer service team handles all complaints in a closed loop to
ensure that customer feedback is timely and properly addressed. Customer Complaint Handling Process
332022 SOCIAL RESPONSIBILITY REPORT Better WE Future: Win-Win Partnerships
We adhere to the “From Problem to Solution” concept and have established a professional
and well-defined after-sales service team to ensure that the after-sales service is effectively
implemented. We have built an informationalized after-sales service system to connect
various business processes such as returns and exchanges on-site dispatch after-sales
orders testing and repair and service provider management to further improve the efficiency
of customer complaint handling. We
continuously improve our after-sales
service and customer satisfaction by
establishing a comprehensive and
reliable customer complaint tracking
and ana lys is sys tem. GoodWe
has obtained the highest level of
certification in the Five-Star After-
Sales Service Certification and a
Ten-Star (Excellent) Certification for
the completeness of the after-sales
service system during the reporting
period.After-Sales Service System Certification
After-sales Service Department Customer satisfaction surveys
We actively conduct customer satisfaction surveys track customer satisfaction with our
products and services on a continuous basis and use the feedback to fuel improvement
Call Center Technical Services Service Operation initiatives. The following are the customer satisfaction scores during the reporting period:
Primary service Level-1 service (on-site) Maintenance and spare
(telephone WeChat parts management
email and website) Secondary service New product introduction
Assigning and following (remote) (training service
up service orders representative – IPD Key account service management of change)
Customer feedback and (on-site and remote) CRM system and
satisfaction management warranty management Service Quality Professional Ability
Self-service and Delivery service (on-site
and headquarters) Administrative support points pointsintelligent service (fees and contract 93.9 93.3
Service experience management)
(service demonstration Service solution definition
and standardization) and development
Service process system
management
The organizational structure of after-sales service
342022 SOCIAL RESPONSIBILITY REPORT Better WE Future: Win-Win Partnerships
Protect customer rights The Company received
and interests no complaints or
Responsible marketing legal proceedings during
the reporting period for
misrepresenting or deceiving
We strictly abide by the Advertising Law of the consumers in promotional
People’s Republic of China in promotion and content.marketing. We strictly prohibit exaggerated
and deceptive publicity and are committed
to a transparent promotion culture. We
conduct responsible marketing education
for the Company’s internal marketing team During the reporting
during regular training and team meetings period the Company
and rigorously review all types of promotional
materials. At the same time we regularly received no incidents
provide responsible marketing training to our of customer information
vast network of domestic and international leakage (resulting in
distributor partners on company introduction complaints or other
brand advantages product and solution significant impacts).selling points etc. to improve all distributors’
compliance awareness. Information security and customer privacy
We strictly abide by laws and regulations such as the Law of the People’s Republic of China on Protection of Consumer
Rights and Interests and the Cybersecurity Law of the People’s Republic of China and have implemented a series of internal
management systems such as the Measures for Information Maintenance and Monitoring Management Measures for
Personal Data Protection Management and Information System Security Control Procedures to comprehensively safeguard
information security and customer privacy.In 2022 we deepened the development of the information security management system and strengthen the standardization
of personnel equipment and systems management. We have launched a security monitoring project that covers the entire
group detecting information security risks and malfunctions and alerting us in real time preventing problems from occurring.Meantime we have installed an encryption system on all of our computers and any employee who needs to decrypt files
during business processes must obtain permission from the appropriate departments effectively ensuring the information
security of our company and customers. Furthermore we actively conduct various types of training to raise employee
awareness of information security and customer privacy.
352022 SOCIAL RESPONSIBILITY REPORT Better WE Future: Win-Win Partnerships
Promoting Common Development and Case GoodWeek Webinar Series and GoodWe Truck Roadshows
Win-Win Cooperation of the Industry In 2022 GoodWe cont inued i ts
GoodWeek Webinar Ser ies and GoodWeek
GoodWe Truck roadshows in markets
The PV industry is facing historic development opportunities as well as severe challenges Online live- Countries and across Europe the Middle East Africa
in the context of global carbon peaking and carbon neutrality goals. GoodWe as a leading streaming regions coveredNorth America and Brazil focusing
PV company has a vision of “creating a new era of smart energy” and is committed to on the latest industry insights and
collaborating with global high-quality partners to create a win-win situation promoting the solutions. Through these events
ecological layout of the smart energy field in the PV industry 2.0 era and creating more 5 80+GoodWe has provided comprehensive
sustainable development space for future life. guidance and references for the
market equipment financing and
Case GoodWe Solar Community application segments helping global Partnership Real-time viewership
PV professionals gain a deeperunderstanding of “new technologiesGoodWe Solar Community is an open communication platform that integrates functions new products new markets and new 21 9000+such as a digital PV classroom digital library and PV forum. Through various forms ecosystems” in energy revolution.such as free online training webinars research case sharing and technical problem
discussions we are committed to providing an open platform for global PV professionals
to share knowledge and exchange ideas.People covered
A s o f 2 0 2 2 t h e g l o b a l Market
solar communi ty has had
15000 reg is tered users 20000+
with 38 research articles 36
professional training sessions Financing Equipment
25 technical videos and 93 PV
forum discussions produced. Live interaction
By integrating resources from
Application
multiple parties GoodWe is 70000+
helping more users obtain rich
photovoltaic knowledge from
the community communication
platform.Registered users
15000
362022 SOCIAL RESPONSIBILITY REPORT Better WE Future: Win-Win Partnerships
Case GoodWe Journal and Household Energy Storage Solution Manual released
We actively participate in various industry
GoodWe Journal hosted by GoodWe is aimed to popularize PV knowledge for industry professionals and provide associations exhibitions and forums to
comprehensive technical interpretation. continuously expand the channels of industry
communication and contribute to the high-
In 2022 focusing on hot topics in the industry such as whole-county promotion and ground power plant operation and quality and sustainable development of the
maintenance GoodWe released two issues of the Chinese version of GoodWe Journal (with a total of 16 articles) and one industry as a whole. During the reporting
issue of the English version (with a total of seven articles). The publications put forward ideas for specific implementation period GoodWe was invited to participate
paths and solutions promoting high-quality development of distributed PV industry. in multiple large-scale industry exhibitions
and forums covering 24 countries such as
Intersolar Europe in Germany the 14th China
(Wuxi) International New Energy Conference
and Exhibition and the 17th China (Jinan)
Solar Energy Utilization Conference. Along
with outstanding peers we have explored
and discussed the key and forward-looking
technologies and market development trends
in the new energy power industry promoting
continuous innovation and progress.As energy storage technology matures manufacturing
costs decrease and government support increases
the home energy storage market is becoming an
increasingly important f ield for energy storage
applications. The PV industry’s demand for knowledge
of home energy storage systems continues to grow. As
a pioneer in the industry in 2022 GoodWe released the
Residential Energy Storage Solution Manual providing
systematic explanations on application scenarios
solutions equipment selection economic calculations
and more in a concise and easy-to-understand manner.The publication has been widely praised by the industry
for helping professionals quickly understand household
energy storage knowledge.
372022 SOCIAL RESPONSIBILITY REPORT Better WE Future: Win-Win Partnerships
GoodWe participates in large-scale industry exhibitions both domestically and internationally
Case
Industrial Association Title Industrial Association Title China ECOPV 2022
China Photovoltaic Industry Executive All-China Federation of Industry Member GoodWe showcased its leading full-scenario smart energy Association director and Commerce (ACFIC) solutions at China ECOPV 2022 committed to providing
Shandong Solar Energy Industry Executive sustainable PV integrated solutions for more users and leadingAssociation director Hubei Solar Energy Association Vice president a new way of zero-carbon life. With the theme of “Focusing onProblem Supplementing the Chain Collaborative CooperationHebei Photovoltaic New Energy Director hongguancun Energy Storage Executive Strengthening the Chain Innovative Upgrading Extending the Chamber of Commerce Industry Technology Alliance member Chain Clean Low-carbon Green Chain” we jointly discussed
the future of green development in the photovoltaic industry with
Guangdong Solar Energy Executive Fujian Province Solar Photovoltaic Director energy power finance and other industry users and experts.Association member Chamber of CommerceAt the conference GoodWe was awarded the “GREENPVJiangsu PV Industry Association Member Energy Storage Leading Alliance Director Balance Component and System Integration TechnologyInnovation Award” and “GREENPV PV Building MaterialsJiangsu Province Renewable Deputy Jiangxi Provincial Energy Technology Innovation Award” for the year of 2022 for our
Energy Industry Association director Association Member outstanding contributions in the field of technology R&D and
industrialization of balance-of-system components inverters
China Industry and Commerce and tracking systems in the photovoltaic industry. This Suzhou PV Industry Association Director
and Household Deputy chief recognition has provided important affirmation for our efforts in
technological innovation.Brand Alliance (Photovoltaic director Asia Photovoltaic Industry
Green-Ecosystem Organization) Association (APVIA) Director
382022 SOCIAL RESPONSIBILITY REPORT Better WE Future: Win-Win Partnerships
Building a Sustainable Supply Chain Supplier evaluation
We have established an effective supplier evaluation
and assessment process and mechanism and
GoodWe is committed to treating suppliers as important partners and insists on developing equal mutually beneficial and close we conduct monthly and annual evaluations. We
relationships with exceptional suppliers. We work with our supplier partners to create a transparent honest and green supply categorize suppliers into four rates based on the
ecosystem by continuously optimizing supplier management and communication preventing supply chain risks promoting the assessment results (A B C D). We offer preferential
construction of sustainable supply chains. treatment to high-quality suppliers at levels A and B
such as priority consideration and order allocation.Supplier management We actively conduct problem analysis and provide
assistance for improvement for suppliers at levels
C and D that require improvement. They will be
We strictly adhere to laws and regulations such as the Bidding Law of the People’s Republic of China and have established a removed and disqualified as suppliers if they show no
number of sound internal management systems such as Supplier Control Procedures and Procurement Control Procedures. improvement or if their improvement does not meet
We constantly improve the management mechanisms of various links such as supplier sourcing access evaluation and our standard. We have mobilized existing suppliers’
grading to ensure the transparency and fairness of procurement work and to prevent illegal events. enthusiasm to improve supply quality and promote
the construction of a high-quality supply chain through
Supplier admission dynamic and continuous monitoring and evaluation of
suppliers’ supply capacity and enthusiasm.We have established a standardized and stringent supplier admission process and Communication and assistance
standards to strengthen the construction of our supplier pool. In the qualification review By the end of the reporting period for suppliers
and evaluation of suppliers we consider environmental social governance and other we have had a total of
factors. Only after they have passed the review will they be added to the list of qualified
suppliers. We maintain good and close communication with 326 suppliers our suppliers. Through online and offline training
EHS management level environmental videoconferencing mail and other methods we
Environment (E) management system construction hazardous regularly conduct various types of supplier training
substance control environmental performance etc. The number of suppliers and communication on product quality after-sales
categorized by region is service technical challenges and environmental
Quality management system development management. Our selection process prioritizes
Society (S) customer base and service labor rights protection local suppliers and we give long-term partners with
and supply chain condition China operational issues special attention.
324 entities We conducted over 400 supplier training and exchange activities in 2022 enhancing suppliers’
Governance (G) Legal and regulatory compliance financial status IPR management ability to deliver products and comprehensively
Overseas deepening technical and business cooperation.In addition we have launched a Supplier Relationship Management (SRM) platform 2 entities
to digitize the entire lifecycle management of sourcing bidding execution and quality
control for supplier procurement.
392022 SOCIAL RESPONSIBILITY REPORT Better WE Future: Win-Win Partnerships
Sustainable supply chain
Supply chain risk management Green supply chain
GoodWe firmly believes that a stable supply chain system is an important cornerstone for achieving sustainable We combine green manufacturing theories and supply
development. We strictly comply with the Criminal Law of the People’s Republic of China the Anti-Unfair chain management technologies based on the concept of
Competition Law of the People’s Republic of China and other laws and regulations on anti-bribery and anti- sustainable development in response to China’s goal of
corruption. We continuously strengthen the integrity and governance of the supply chain require suppliers to sign “carbon neutrality.” To ensure a safe efficient and green
integrity agreements and regularly promote business ethics. supply chain we conduct regular green audits and supplier
evaluations based on institutional documents such as the
We have completed the preliminary evaluation of supplier risks and the investigation of conflict minerals and Green Procurement Guidelines.we have required suppliers to provide the Conflict Minerals Report and sign the No-Use of Conflict Minerals
Commitment. To reduce the environmental impact of our products we
require our suppliers to strictly adhere to our management
In addition in 2022 we strengthened the construction of material warehouses and signed strategic supply regulations such as the Hazardous Substance Control
agreements with seven key suppliers to ensure the stability of the Company’s supply chain in response to the Procedures and Restricted Substances Specification.challenges posed by various emergencies. During the procurement process we also require them
to sign a Quality Agreement to ensure that their products
meet the requirements of international environmental
laws and regulations and the specifications for green and
environmentally friendly products.Furthermore during supplier development and maintenance
we actively promote the installation of green energy solar PV
power stations by our partners and we take environmental
protection measures such as recycling packaging materials
We have conducted conflict and transforming frequency conversion equipment to form
mineral investigations on an environmental alliance with our suppliers.
230 suppliers during the
reporting period to ensure the
Company’s compliance with
conflict mineral regulations.
402022 SOCIAL RESPONSIBILITY REPORT Collaborative WE Future: Talent Gathering
This chapter responds to UN Sustainable
Development Goals (SDGs)
412022 SOCIAL RESPONSIBILITY REPORT Collaborative WE Future: Talent Gathering
Protecting the Legitimate Rights and
Interests of Employees 100%
labor contract
GoodWe has had a signing rate
Recruitment and Employment total of 3330
employees as of the end
GoodWe actively responds to the United Nations of the reporting period
Global Compact fo l lows the in i t iat ive of the
International Labor Organization’s core conventions 100%
and complies with national laws and regulations such social insurance
as the Labor Law of the People’s Republic of China coverage rate
and the Labor Contract Law of the People’s Republic of
China. By implementing internal policies and systems
such as the Social Responsibility Management
System the Recruitment Management Measures and
the Employee Handbook the Company practices legal Salary and Welfare
and compliant employment and effectively safeguards
employees’ rights and interests. In accordance with relevant national laws and regulations we have developed management measures such as the General Principles
of Salary Management System Company Equity Incentive System and General Principles of Employee Performance Improvement
We commit to putting into effect the Provisions on Assessment Management Policy continuously improving the salary and welfare management system and providing employees with
the Prohibition of the Use of Child Labor establishing competitive salary and benefits.corresponding internal policies and procedures and
enforcing strict compliance with them from all staff
members and stakeholders including but not limited to
suppliers and customers. At the same time we firmly Statutory benefits Universal benefits Special benefits
eliminate the use of child labor and other forms of
forced labor while enhancing background checks on Social insurance; Cash gift for holiday birthday wedding Supplementary commercial
job applicants during the hiring process. housing provident fund; and maternity; health check-up; insurance; financial aid for
To ensure that employees have access to fair and just statutory holidays communication preferential benefits; serious illness; loving fund; fund
career development opportunities we adopt a zero- fitness facilities reading room etc. for department activities etc.tolerance policy toward workplace discrimination
harassment and bullying and we eliminate all forms of We have put in place a long-term incentive mechanism to fully motivate employees and effectively align the interests of the Company
discrimination based on ethnicity race gender region employees and shareholders thereby promoting the Company’s long-term development. We have launched a new restricted equity
or nationality social class political affiliation and incentive plan during the reporting period and awarded a total of 85 awards to technical experts outstanding contributors and core
other factors. Furthermore we are deeply concerned employees.about vulnerable groups’ rights and interests and we
have collaborated with the Suzhou Disabled Persons In 2022 we also optimized the performance management system using the “top-down distribution and bottom-up acceptance” principle
Federation to actively promote the employment of to ensure work objective formulation and evaluation effectiveness and reasonableness. Furthermore we have provided all employees
people with disabilities. with opportunities for salary review and adjustment in order to better attract retain and motivate exceptional talent.
422022 SOCIAL RESPONSIBILITY REPORT Collaborative WE Future: Talent Gathering
Employee communication Employee satisfaction survey
Democratic communication We place a high value on our employees’ Employee satisfaction
expectations and demands and conduct an annual was rated
employee satisfaction survey. We conducted a
GoodWe strictly abides by relevant laws and regulations such as the Labor Law of the survey in 2022 with 12 questions centered on four 4.39 out of 5 stars
People’s Republic of China the Labor Contract Law of the People’s Republic of China dimensions: basic needs management support
and the Trade Union Law of the People’s Republic of China. We have established the teamwork and common growth. Employee
Employee (Member) Representative Congress Implementation Management System satisfaction was rated 4.39 out of 5 stars.Equal Consultation System Trade Union Work System and other policies to protect
the rights of all employees to freely establish and participate in unions and participate We have launched several improvement projects During the reporting period
in collective negotiation. The Company has signed a Collective Contract with the union to address various issues identif ied in the GoodWe has received
including a Special Collective Contract on Wages a Special Collective Contract on satisfaction survey such as promoting corporate
Labor Safety and Health and a Special Collective Contract on the Protection of Female culture enhancing management team leadership multiple
Employees comprehensively protecting employees’ legitimate rights and interests. skills and improving team cohesion among
others. These projects have increased interaction awards and recognitions in the
We value employee communication and encourage them to make constructive between departments and increased employees’ field of human resources
suggestions to company management. We’ve set up various channels for employee sense of belonging and satisfaction.communication such as a transparent communication platform a rationalization
suggestion platform a Good’s mailbox employee meetings and interviews and surveys.We require company management or responsible departments to respond to employee
opinions and suggestions in writing or in person within ten working days ensuring that
employee demands are addressed in a timely and effective manner.Case The GoodWe Union Member Representative Conference of 2022
GoodWe has always adhered to democratic management and created a respectful
free and equal democratic atmosphere in all aspects. In 2022 GoodWe held its
second Union Member Representative Conference where employee representatives
jointly discussed and formulated solutions for various issues including working
environment employee benefits talent development and employee health. Several
democratic regulations and systems
were passed such as the Procedure
and Management Measures for the
Distribution of Employee WelfareProducts and the System for Assisting Certificate of China “Suzhou BestEmployees in Difficulties. Talent Management Employer” 2022
Culture Examples 2022
432022 SOCIAL RESPONSIBILITY REPORT Collaborative WE Future: Talent Gathering
Promoting Employee’s Career Development
GoodWe firmly believes that talent is the most valuable resource and sees employee development as a critical foundation for
the Company’s long-term sustainable development. We implement the concept of “growing together with talents” and offer our
employees a fair diverse and broad development platform.Diversified employee promotion
We have established a solid employee promotion system and developed internal regulations such as the Management
Measures for the Promotion of Front-line Employees and the GoodWe Cadre Qualification Management System. We have
created a diverse and clear career development path for employees in various functional positions such as management
technology and production.We evaluate our employees holistically adhering to the principles of clear standards and open processes through the review of
the Human Resources Committee 360-degree evaluation debriefing and so on creating a platform for employees’ vertical in-
depth development and rank promotion. At the same time we have invited third-party experts to oversee the evaluation data
and make every effort to build a fair scientific and reasonable promotion mechanism.Employee Technical
promotion expert GoodWe's
program promotion Talent Poolprogram
Building a multi-dimensional To strengthen the construction The internal talent mobility
development platform for of R&D and management expert platform of the Company helps
employees within each functional teams we have launched a employees to switch career
system to achieve promotion technical expert promotion paths and achieve diversified
based on five dimensions: program and tailored training development. During the reporting
comprehensive basic abilities plans for core technical period a total of nine employees
professional knowledge moral employees in order to cultivate found new career development
quality behavioral standards and the core competitiveness of the opportunities through the
working capabilities. enterprise and promote its long- GoodWe’s Talent Pool.term development.
442022 SOCIAL RESPONSIBILITY REPORT Collaborative WE Future: Talent Gathering
Employee skill enhancement
GoodWe values long-term talent development and is committed to creating a learning-oriented enterprise system. According to the Employee Training Management System we have established
a training system based on the job training with a focus on career training supplemented by self-learning. To assist employees in achieving all-around capability enhancement we make full use of
various resources actively enrich training methods and expand training channels.During the reporting period
Employee training duration
New employee training Professional skill training Cadre training 74985 hours
We have established a The Company has established In order to promote the building
standardized onboarding training tailored and professional training of the Company’s talent poolprogram called “GoodWe’s courses for functional positions in and enhance the comprehensiveNewcomers Training”. Through various professional fields such as ability of our management Employee training
training courses on company R&D operations management personnel we have launched
introduction corporate culture and marketing to help employees multiple management and reserve sessions
department structure office continuously improve their skills. cardre training programs such as 118
procedures etc. we help new the “Desheng Plan” which assist
employees to quickly integrate By adopting the “tutorial system” trained employees in achieving
into the Company. we formulate the Supervisor comprehensive improvements
Management System and utilize in industry insights professional
For the recruitment of recent our technology backbone to its competence management and Employees covered by thegraduates we specially planned utmost potential in “teaching leadership. trainingthe “Foal Eagle” training program helping and leading” helping
helping employees reposition employees get familiar with the participants
themselves from being students to working process and improve their 26892
becoming professionals and even professional skills and qualities.the backbone of the Company’s
development.Training hours per employee
GoodWe fully supports all employees in their pursuit of academic degrees and professional qualifications. We collaborate with the Suzhou City
Federation of Trade Unions and the High-Tech Zone Federation of Trade Unions to provide adults with higher education programs leading to a 24.9 hours
promotion from a junior college diploma to an undergraduate degree as well as adult education programs leading to a promotion from a vocational
school or high school education to a college education. These programs assist employees in improving their academic credentials and award
education awards upon completion. Furthermore we have launched the “PM Running Plan” which encourages employees to apply for Project
Management Professional (PMP) certification and provides full reimbursement.
452022 SOCIAL RESPONSIBILITY REPORT Collaborative WE Future: Talent Gathering
Safeguarding Employee Health and Safety
We actively conduct regular safety education and training focusing
on promoting relevant topics such as laws and regulations
We strictly adhere to the Work Safety Law of the People’s Republic of China the Fire occupational health safety behavior and emergency rescue to
Prevention Law of the People’s Republic of China and other occupational health
no cultivate safety awareness among all employees and promote the and safety laws and regulations. To implement production safety and to practice the GoodWe had implementation of safety production responsibilities.safety management goal of zero accidents and zero injuries in overseas factories major safety incidents
prevention and control we also developed internal systems such as the Social During the reporting period we conducted over 300 hours of or work-related injuries
Responsibility Management System and the “Five Simultaneities” Management safety training with a total coverage of 9644 participants.during the reporting
System for Production Safety. To ensure the implementation of safety management period.we continuously strengthen the safety responsibility system have established
safety management responsibility zones and have normalized supervision and
management mechanisms. We also require all staff to sign the performance
assessment of the production safety responsibility system. We have passed the ISO Case Safety Month Activity
45001 Occupational Health and Safety Management System certification as well as
the national second-level safety standardization assessment.In 2022 we carried out a Safety Month Activity with the
Work safety theme of “Compliance with Production Safety Laws and Being a Responsible Person”. Through various forms such
as comprehensive knowledge training knowledge contests
By implementing a dual prevention mechanism the Company enhances its risk identification and evaluation emergency drills and themed meetings we effectively enhanced
system for the benefit of workplace safety. We actively conducted safety risk assessment work in 2022 and the safety awareness of employees and comprehensively
oversaw each accountable unit to put corrective measures in place for the 12 high-risk areas that were identified deepened the safety management of the Company.including the storage of flammable materials toxic material leaks and work in confined spaces.Additionally we have established a reliable emergency management
system outlining the emergency response process responsibility
distribution and operating procedures for safety accidents. This
is done to deal with the impact of extreme weather conditions
and scenarios on product safety. The Company regularly holds
emergency drills to improve everyone’s capacity for risk response
and accident avoidance.The Company has conducted
3 safety emergency drills
during the reporting period
covering fire evacuation
chemical spills and elevator
accidents.
462022 SOCIAL RESPONSIBILITY REPORT Collaborative WE Future: Talent Gathering
Occupational health
The Company strictly complies with the Occupational Disease Prevention and Control Law of the People’s Republic of China. and has formulated internal occupational health and safety systems
such as the Occupational Diseases Prevention and Control Management System the Occupational Hazard Notification System the Occupational Hazard Detection and Evaluation Management
System ensuring its employees’ health and safety in an all-round way.Occupational Occupational Occupational In addition we provide all employees with annual health checks accident
hazard monitoring hazard notification health examination and critical illness double insurance psychological counseling and other
benefits to fully support their physical and mental health.To create a healthy and For positions with For employees exposed
safe working environment occupational health to occupational hazards Case “Mind Station” Employee Service
we regularly carry out hazards we provide clear the Company provides
occupational hazard occupational hazard risk regular occupational
identification on production and disease prevention health examinations and We have established the “Mind Station” welfare program to fully
sites. and control measures to establishes occupational safeguard the mental health of employees. The program includes
employees before they health monitoring records multiple services such as intelligent psychological robots relief
During the reporting take up their positions to track and manage their stations psychological reports and interesting encyclopedias.period we commissioned and provide them with health status.qualified third parties to necessary protective In 2022 the “Mind Station” launched the “E-heart Care” application
conduct annual testing equipment to ensure their providing employees with professional services such as a 24-
of occupational hazard health and safety. hour mental health emergency hotline online video consultations
factors and based on the and offline one-on-one counseling appointments. With a scientific
test results we conducted rigorous and thoughtful attitude the program helps employees face
current situation analysis work and life with a positive and healthy mentality.and evaluation.
472022 SOCIAL RESPONSIBILITY REPORT Collaborative WE Future: Talent Gathering
Focusing on Humanistic Care
We care about our employees’ well-being and actively participate in a variety of employee care and recreational activities fostering a harmonious
and friendly corporate culture and making every effort to improve employees’ sense of belonging identity and satisfaction.Conducting employee care
Helping needy employees Care for female employees
We consider all GoodWe employees to be To protect female employees’ rights and promote an equal workplace
family members and actively promote a environment we actively respond to national policies and strictly adhere
spirit of solidarity and mutual assistance. We to administrative regulations such as the Regulations Concerning
provide comprehensive assistance based the Labor Protection of Female Staff and Workers. The Company is
on the Company’s Management System committed to preserving female employees’ legal rights to paid marriage
for Assisting Needy Employees to those leave maternity leave breastfeeding leave and other statutory holidays
who are experiencing economic difficulties and it offers additional benefits such as women’s health checkups
due to various special circumstances “mommy stations” and expert breastfeeding courses. Furthermore we
including financial assistance injury and invite special lawyers to give lectures and
illness condolences and humanistic care consultations on legal protection to all
to help needy employees and their families female employees in order to help them
overcome difficulties. During the reporting protect their legal rights.period we assisted two needy employees.In 2022 GoodWe was awarded the“Carnation ServiceStation for FemaleWorkers” by the Suzhou
General Federation of Trade Unions
in recognition of our full care for
female employees.
482022 SOCIAL RESPONSIBILITY REPORT Collaborative WE Future: Talent Gathering
Enriching employee’s lives
We value our employees’ work-life balance
and actively promote a positive and uplifting
corporate culture by providing heartfelt
holiday greetings and a variety of cultural
and sporting activities. We strive to create
a space for our employees to practice their
artistic abilities showcase their talents
and express themselves. This promotes a
healthy and positive environment as well
as a bright and optimistic outlook.A Rich and Colorful Festival Carnival
Case Good-date Family Day event Case “FUN Love and Joy” Employee Sports Meet
Every year we invite employees’ In 2022 we held the “FUN Love and Joy”
family members to participate in Employee Sports Meet featuring four competitive
our Good-date Family Day event. events: badminton basketball table tennis and
We organize a variety of activities tug-of-war. The teams from various departments
such as communal family dinners worked together fought hard and wh i le
tours of our smart workshop promoting physical fitness and enhancing team
and office areas and children’s cohesion also strengthened and elevated the
playgrounds to strengthen the trust corporate spirit of “striver-centered” at GoodWe.between our employees and their
families with the Company and to
enhance employee cohesion.
49
492022 SOCIAL RESPONSIBILITY REPORT Beneficial WE Future: Community Empowerment
This chapter responds to UN Sustainable
Development Goals (SDGs)
502022 SOCIAL RESPONSIBILITY REPORT Beneficial WE Future: Community Empowerment
Dedicated to Social Public Welfare Case Donating SDT G2 10kW inverters to Energy Training and Research Center (ETRC) in PakistanThe Company adheres to the development philosophy of “remembering where one’s happiness In 2022 GoodWe donated the latest SDT G2 10kW inverters to the Energy Trainingcomes from and giving back to society” and does its utmost to give back to society shoulder and Research Center (ETRC) in Pakistan and established a long-term partnership with
corporate responsibility and carry out various public welfare projects such as establishing ETRC. With GoodWe’s technological advantages the inverters can provide 98.3%
a public welfare fund organizing volunteers to provide support and help supporting the energy efficiency and lower maintenance costs helping ETRC implement and achieve its
government’s “Pillar Project” and so on. These efforts have sparked the flame of public welfare educational concept of sustainable development promote the widespread use of green
and spread its power. energy in Pakistan and make a positive contribution to addressing climate change.Case Donating ES series hybrid inverters to Universitas Muhammadiyah Sukabumi in Indonesia
In 2022 GoodWe donated its ES series bidirectional energy storage inverters to
Universitas Muhammadiyah a prestigious university in Indonesia to help the school
address power outage concerns achieve green energy transformation and further
advance Indonesia’s carbon neutrality goals leading the popularization of green energy.In addition GoodWe has established training courses on solar energy storage system
technologies at the university explaining the principles of solar energy usage to students.More than 3000 students have participated in this training course.GoodWe Donation Ceremony
Training Courses on Solar Energy Storage System Technology GoodWe Donation Ceremony
512022 SOCIAL RESPONSIBILITY REPORT Beneficial WE Future: Community Empowerment
Organizing employee blood donation activities with a total of 67
participants and a total blood donation volume of 21200ml;
Donating RMB 20000 Donating 20 heaters 10 tents 5000 Donating Love Meals to Hengshan Community Party Group Service
to Suzhou High-tech masks 50 boxes of instant noodles Center a total of three times amounting to RMB 14700;
District New Generation and 30 barrels of red dates ginger tea
Entrepreneur Association with a total value of RMB 15000 Donating RMB 1.8 million to Harbin Engineering University to June 2022
establish the GoodWe Scholarship Program
Donating AUD 2500
January 2022 March 2022 April 2022 (equivalent to RMB 11667)
through a local charity
organization by GoodWe’s
Australian subsidiary
November 2022 August 2022Supporting the “Renmin University Supporting the Donating a total of RMB 200000 to the High-Tech Zoneof China Education Foundation’s government’s “Pillar Supporting the cultural Charity Federation;New Business School Building Project” by making a development of NanjingUniversity by donating a Donating a total of RMB 5000 to the Xuancheng Youth Construction Fund” project by donation of RMB 40000 Foundation;
donating RMB two million to Renmin for educational assistance Suzhou embroidery screen
University of China Education of “Nanyong Chunse” worth GoodWe donated RMB 202000 to Nanjing University of
Foundation in Beijing RMB 2 million Aeronautics and Astronautics to establish the GoodWe
Scholarship and support other administrative expenses.July 2022 The donation will be made in two installments with
RMB 101000 being donated in 2022 and another RMB
101000 being donated in 2024. The first installment of
RMB 101000 had been completed in 2022.December 2022
Quantitative Performance Indicator Unit 2022
Volunteering activities Session 8
Volunteering activity duration Hour 160
Volunteering
Employees participating in volunteering activities Person 24
Number of volunteers Person 20
Public welfare Total public welfare donations RMB 10000 470.77
522022 SOCIAL RESPONSIBILITY REPORT Beneficial WE Future: Community Empowerment
Promoting Common Prosperity Case Poverty alleviation and assistance for elderly people in rural areas
in Rural Areas In 2022 GoodWe continued to promote the spirit of “everyone for me me for everyone” in public
welfare. Covering more than 700 kilometers from Jiangsu to Henan from Dongtai to Anyang the
GoodWe continues to contribute to poverty alleviation by traveling to mountains Company has donated PV power stations to dozens of disadvantaged households supported
and villages to donate and build solar power stations responding to and fully poverty-stricken elderly people with PV power generation and conveyed the warm power of
implementing the rural revitalization strategy conveying warmth and strength to resistance to difficult living conditions.rural areas and expressing the Company’s sincere heart and deep emotions. As
of 2022 the Company has partnered with its partners to
construct PV power stations for low-income families in
Jiangsu Henan Hebei Hubei and other regions with
a total investment of more than RMB one million.Case Public welfare project in Jingdong Village Huai’an City
In 2022 GoodWe implemented Xuzhou Jiangsu Longyan Fujian
a public welfare project by
donating a public welfare power
station worth more than RMB
one million to Jingdong Village
Huai’an City. The installed
capacity of the power station is
about 248.4 kW. Through the
public welfare power station
project the Company wi l l Dongtai Jiangsu Anyang Henan
help Jingdong Village achieve
an expected annual power
generation of 300000 kWh Case GoodWe helped the whole county promote “green and zero carbon” practices
save 120 tonnes of standard
coal per year reduce carbon
dioxide emissions by nearly In 2022 GoodWe initiated the “PV+” model in response to the national strategy of promoting the
299.1 tonnes and generate construction of Whole-county promotion of “PV village” and assisting rural revitalization through
an annual economic income of energy transformation and technological poverty alleviation. Based on the clean and reliable nature
RMB 100000. This will greatly as well as stable income of PV power generation the Company has selected areas with better solar
improve the infrastructure and resources and implemented targeted poverty alleviation measures to promote stable and increased
promote the modernization and income for poor populations. Meanwhile the Company has constructed a smart energy management
beautiful rural development of platform connecting rural power stations into a smart energy network and forming a regional cluster
Jingdong Village. of power stations laying the foundation for a regional new energy system and contributing to the Public Welfare Power Station Empowering construction of a zero-carbon rural China in order to achieve high-quality common prosperity.Rural Areas
532022 SOCIAL RESPONSIBILITY REPORT Beneficial WE Future: Community Empowerment
Advocating the Concept of Green and Energy-Saving
GoodWe actively takes on corporate responsibility and responds to the national call for “carbon peaking and carbon neutrality” goals by promoting green energy knowledge through various
platforms advocating energy conservation and consumption reduction implementing green office initiatives and practicing corporate responsibility in order to deepen the concept of green energy
conservation.Case GoodWe’s PV knowledge publicity Case Improvement of PV safety solutions
As a leading company focusing on PV inverters and smart energy solutions GoodWe actively shoulders its social responsibility. In With the increasing application of PV in
2022 we actively spread green knowledge by posting videos on short video platforms such as Tiktok Kuaishou and Bilibili. We spread government agencies schools hospitals
knowledge about PV power generation to the society and comprehensively promote our hardware and software products such as PV and other commercial projects PV power
building materials PV inverters energy storage and charging energy storage batteries and smart energy management platforms on plant facilities show an explosive growth
social media platforms in order to raise public awareness and understanding of PV technology. trend and the number of PV power plant
fire accidents caused by DC side faults
also increases. As a leading group in PV
inverters GoodWe has empowered its
safety solutions with new technologies
through technological iteration. GoodWe
has developed the AFCI 3.0 solution
which ensures no leakage or misreporting
of dangerous incidents and provides the
fastest protection by detecting and cutting
off power to electrical arcs within 0.1
seconds showcasing its responsibility in
enhancing overall safety in the PV industry.detecting and cutting
off power to electrical
arcs within
0.1 seconds
PV Knowledge Publicity
542022 SOCIAL RESPONSIBILITY REPORT Appendix
Appendix Integrity
Quantitative Performance
Quantitative Data Table Indicator Unit 2021 2022
Percentage of employees signing
the Letter of Integrity Commitment % 100 100
Economic Performance Anti-corruption training session 12 12
Trainees of anti-corruption training person 459 692
Quantitative Performance Indicator Unit 2021 2022
Total assets CNY 3714703328.03 5798746253.67
Operating revenue CNY 2678113764.75 4710236539.05 Environmental
Net profits attributable to the
shareholders of the listed company CNY 279535000.04 649288216.90 Quantitative Performance Indicator Unit 2021 2022
Basic earnings per share CNY/ share 2.27 5.27 Comprehensive power consumption MWh 21100.08 14540.11
Rate of return on common Resources 3
shareholders’ equity % 18.12 33.18 Used Natural gas m 30689 37964
Total water
consumption tonne 31835 45570
Corporate Governance Total waste gas emissions m3 73244000 73244000
Total dust discharge tonne 0.0624 0.0418
Quantitative Performance Indicator Unit 2021 2022
Total effluent discharge tonne 25468 36456
Shareholders Meeting session 7 9
Waste chemical
Resolutions passed by the
Shareholders Meeting item 19 44 Hazardous
packages waste
waste cleaning agent tonne 23.52 35.61and waste
Meeting of the Board of Directors session 13 14 activated carbon
Resolutions passed at meetings of Grease tank waste tonne 1.80 2.50
the Board of Directors item 45 82
Meeting of the Board of Non- Yard waste tonne 0.50 0.50
Supervisors session 8 11 hazardous
waste Household waste tonne 21.60 30.20
Resolutions passed at meetings of
the Board of Supervisors item 25 43 Kitchen waste tonne 21.60 30.20
552022 SOCIAL RESPONSIBILITY REPORT Appendix
Employment Employee Training
Quantitative Performance Indicator Unit 2021 2022 Quantitative Performance
Indicator Unit 2021 2022
Total workforce person 2223 3330 Total employee training
hours hour 37158 74985
Production
personnel person 928 1196 Employee training session 118 127
Sales
personnel person 256 494 Trainees of employee
training person 12020 26892
R&D personnel person 615 862 Average hours of training
per employee hour 24.7 24.90
Finance
By function personnel person 33 43
Administrative
personnel person 161 312 Occupational Health and Safety
Operational Quantitative Performance
support person 185 379 Indicator Unit 2021 2022
personnel
Work-related deaths person 0 0
QC personnel person 45 44
Master’s Work-related injuries person 2 0
degree and person 178 267
above Lost time due to work-
related injuries hour 936 0
By academic Undergraduate person 868 1216
degree
Junior college person 421 545 Products and Services
High school
and below person 756 1302 Quantitative Performance
Indicator Unit 2021 2022
Percentage of employees signing
labor contracts % 100 100 Complaints or legal actions concerning misleading
or deceptive promotional case 0 0
Coverage of social insurance % 100 100 information
562022 SOCIAL RESPONSIBILITY REPORT Appendix
R&D Supplier Management
Quantitative Performance Indicator Unit 2021 2022 Quantitative Performance
Indicator Unit 2021 2022
R&D investment CNY 188465218.24 347822537.83 Total production material
suppliers entity 180 326
R&D personnel person 615 862
Percentage of R&D personnel in the
total workforce % 27.67 25.89 Public Welfare
New invention patents item 13 13
Quantitative Performance Indicator Unit 2021 2022
New utility model patents item 34 50
Volunteering activities session 2 8
New design patents item 12 19
Volunteering activity
Total new patents item 59 82 duration hour 176 160
Patents Volunteering
Invention patents held item 44 57 Employees participating
in volunteering activities person 26 24
Utility model patents held item 82 124
Number of volunteers person 54 20
Design patents held item 18 34 Public Total public welfare CNY
welfare donations 10000 6.51 470.77
Total patents held item 144 215
New trademarks item 1 52
Trademarks
Total trademarks held item 35 87
572022 SOCIAL RESPONSIBILITY REPORT Appendix
GRI Standards Index
Disclosure Item Disclosure Title Sections Disclosure Item Disclosure Title Sections
Universal Standards 2-19 Remuneration policies P42
GRI 1: Foundation 2-20 Process to determine remuneration P42
GRI 2: General Disclosures Strategy policies and practices
The organization and its reporting practices
2-22 Statement on sustainable development strategy P02
2-1 Organizational details P03-07
2-23 Policy commitments P02
2-2 Entities included in the organization’s sustainability reporting P01 For details
2-24 Embedding policy commitments please refer to
2-3 Reporting period frequency and contact point P01 each chapter.
2-4 Restatements of information P03-07 2-25 Processes to remediate negative impacts P12
Governance 2-26 Mechanisms for seeking advice and raising concerns P12
2-9 Governance structure and composition P09 For details
2-27 Compliance with laws and regulations please refer to
2-10 Nomination and selection of the highest governance
each chapter.body P09
2-28 Membership associations P38
2-11 Chair of the highest governance body P09
2-12 Role of the highest governance body in overseeing the
Stakeholder engagement
management of impacts P09-10
2-29 Approach to stakeholder engagement P12
2-13 Delegation of responsibility for managing impacts P09-10
2-14 Role of the highest governance body in sustainability
GRI 3: Material Topics
reporting P09-10
2-15 Conflicts of interest P12 3-1 Process to determine material topics P13
2-16 Communication of critical concerns P12 3-2 List of material topics P13
2-17 Collective knowledge of the highest governance body P12 3-3 Management of material topics P13
582022 SOCIAL RESPONSIBILITY REPORT Appendix
Disclosure Item Disclosure Title Sections Disclosure Item Disclosure Title Sections
Topic Standards GRI 304: Biodiversity
GRI 205: Anti-corruption Operational sites owned leased managed in or
304-1 adjacent to protected areas and areas of high P25-26
Communication and training about anti-corruption biodiversity value outside protected areas205-2 policies and procedures P11
304-2 Significant impacts of activities products and services on biodiversity P25-26
205-3 Confirmed incidents of corruption and actions taken P11
GRI 305: Emissions
GRI 206: Anti-competitive Behavior
Legal actions for anti-competitive behavior anti-trust 305-1 Direct (Scope 1) GHG emissions P30206-1 and monopoly practices P11
305-2 energy indirect (Scope 2) GHG emissions P30
GRI 301: Materials 2016
305-5 Reduction of GHG emissions P28
301-1 Materials used by weight or volume P27
305-7 Nitrogen oxides (NOx) sulfur oxides (SOx) and other 301-2 Recycled input materials used P27 significant air emissions P30
301-3 Reclaimed products and their packaging materials P27 GRI 306: Effluents and Waste
GRI 302: Energy 306-1 Waste generation and significant waste-related impacts P30
302-1 Energy consumption within the organization P29 306-2 Actions taken to prevent waste generation P30
302-2 Energy consumption outside of the organization P29 306-3 Composition of waste generated P30
302-5 Reductions in energy requirements of products and services P27-29 306-4 Recovery operations used to divert waste from disposal P30
GRI 303: Water and Effluents 306-5 Disposal operations P30
303-2 Management of water discharge-related impacts P30 GRI 308: Supplier Environmental Assessment
303-4 Water discharge P30
308-1 New suppliers that were screened using environmental criteria P40
303-5 Water consumption P27 308-2 Negative environmental impacts in the supply chain and actions taken P39-40
592022 SOCIAL RESPONSIBILITY REPORT Appendix
Disclosure Item Disclosure Title Sections Disclosure Item Disclosure Title Sections
GRI 401: Employment GRI 405: Diversity and Equal Opportunity
401-2 Benefits provided to full-time employees that are not Disclosure 405-1 Diversity of governance bodies and provided to temporary or part-time employees P42 405-1 employees P42
401-3 Parental leave P48 GRI 414: Supplier Social Assessment
GRI 403: Occupational Health and Safety
414-1 New suppliers that were screened using social criteria P39-40
403-1 Occupational health and safety management system P46
414-2 Negative social impacts in the supply chain and actions taken P39-40
403-2 Hazard identification risk assessment and incident investigation P46-47
GRI 416: Customer Health and Safety
403-3 Guidance for Disclosure P47
416-1 Political contributions P21-22
403-4 Worker participation consultation and communication on occupational health and safety P46-47
GRI 417: Marketing and Labeling
403-5 Worker training on occupational health and safety P46
417-1 Requirements for product and service information and P35
403-6 Promotion of worker health P46-47 labeling
403-7 Prevention and mitigation of occupational health and 417-2
Incidents of non-compliance concerning product and P35
safety impacts directly linked by business relationships P46-47 service information and labeling
Incidents of non-compliance concerning marketing
403-8 Workers covered by an occupational health and safety 417-3 P35management system P46-47 communications
403-9 Work-related injuries P46 GRI 418: Customer Privacy
403-10 Work-related ill health P46-47 418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data P35
GRI 404: Training and Education
404-1 Average hours of training per year per employee P45
404-2 Programs for upgrading employee skills and transition assistance programs P44-45
602022 SOCIAL RESPONSIBILITY REPORT Appendix
Glossary
DOE Design of Experiment 实验设计
Abbreviation Full name Full name in Chinese
EHS Environment Health Safety 环境、职业健康安全管理体系
TüV Technischerüberwachungs Verein 技术监督协会
COD Chemical Oxygen Demand 化学需氧量
EuPD EuPD Research 德国权威市场调研机构关于限制在电子电气设备中使用某
ROHS Restriction of Hazardous Substances
SGS Société Générale de Surveillance 瑞士通用公证行 些有害成分的指令
EPE Expanded Polyethylene 可发性聚乙烯
CSA Canadian Standards Association 加拿大标准协会
PCS Power Conversion System 储能变流器
KTC Korean Testing Certification 韩国机械电气电子试验研究院
Photovoltaic Green-ecosystem
PGO 绿色能源生态合作组织
UL Underwriters Laboratories 美国安全检定实验室公司 Organization
Asian Photovoltaic Industry
Institute of Electrical and Electronics APVIA 亚洲光伏产业协会
IEEE 美国电气电子工程师学会 Association
Engineers报告中特指供应商全生命周期管理
SPI System Performance Index SRM Supplier Relationship Management系统性能指数 平台
PCBA Printed Circuit Board Assembly 印制电路板 UNGC United Nations Global Compact 联合国全球契约
BIPV Building Integrated Photovoltaics 光伏建筑一体化 ILO International Labor Organization 国际劳工组织
SDGs Sustainable Development Goals 联合国可持续发展目标 PM Project Management 项目管理
China National Accreditation Service
CNAS 中国合格评定国家认可委员会 PMP Project Management Professional 项目管理专业人士资格认证
for Conformity Assessment
Energy Training and Research 报告中特指巴基斯坦能源培训资源
AGV Automated Guided Vehicle 智能搬运机器人 ETRC Center 中心
612022 SOCIAL RESPONSIBILITY REPORT Appendix
Feedback Form
Thank you for reading the 2022 Social Responsibility Report of GoodWe Technology Co. Ltd. This report responds to the expectations and requirements of GoodWe's stakeholders.To provide you and other stakeholders with more valuable information and further improve
GoodWe's social responsibility management ability and level we sincerely hope to listen 〇 Yes 〇 Average 〇 No
to your valuable comments and suggestions on this report. Please give us your feedback
through the following channels:
The quantitative information disclosure in this report is objective accurate and effective.〇 Yes 〇 Average 〇 No
Email: ir@goodwe.com
Fax: 0512-62397972
The text of this report is clear and easy to understand.Zip code: 215011
〇 Yes 〇 Average 〇 No
Mailing address: No. 90 Zijin Rd. New District Suzhou 215011 PRC
The format design of this report is helpful in understanding relevant information.What kind of stakeholders do you work for? 〇 Yes 〇 Average 〇 No
〇 Government and regulatory agency 〇 Shareholder and investor 〇 Customer
〇 Employee 〇 Supplier/Partner 〇 Environment 〇 Community What are your opinions and suggestions on GoodWe's social responsibility management and
social responsibility report?
〇 Media and NGOs 〇 Others
This report provides a complete description of GoodWe's performance in environmental social
and governance.〇 Yes 〇 Average 〇 No
622022 SOCIAL RESPONSIBILITY REPORT Appendix
LEAD "WE" FUTURE OF SUSTAINABLE DEVELOPMENT
63
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