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Hengyang Shantai Chemical Co., Ltd. 2024 Annual Greenhouse Gas Emission Verification Report

Release time:

2026-01-22 16:03

Source:

Verification Conclusion: Based on document review and on-site visits, the consulting firm confirms.

1. Compliance of emission reports with accounting methodologies and reporting guidelines

Hengyang Shantai Chemical Co., Ltd.'s 2024 emissions report and accounting methodology comply with the requirements of the "Guidelines for Greenhouse Gas Emission Accounting and Reporting for China's Chemical Production Enterprises (Trial)."

2. Emission Declaration

Upon verification, the greenhouse gas emissions from the corporate legal entity boundary of Hengyang Shantai Chemical Co., Ltd. for the year 2024 are:

Table: 202 4 Annual greenhouse gas emissions from the company's operational boundaries

Fossil fuel combustion CO 2 Emission

1941.16                                             

Industrial production process CO 2 Emission

0.00

Industrial Production Process N 2 O emission

0.00

CO 2 Recycling volume

0.00

CO₂ emissions from enterprises’ net purchases of electricity and heat consumption 2 Emission

785.24

Total corporate greenhouse gas emissions (tons of CO₂) 2 Equivalent)

2726.40

3. Description of issues not covered during the verification process or issues that require special clarification.

During this verification process, there were no uncovered issues or particularly noteworthy matters requiring further clarification.

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Hengyang Shantai Chemical Co., Ltd. Polyester Resin SA9305B Carbon Footprint Assessment Report

I. Preface

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The results of the “Hunan’s Hundred-County Science and Technology Innovation Achievement Promotion and Exhibition Event” have been announced, and our company has been honored with a place on the “Top 100 Distinctive Innovation Brands List.”

According to a report by the Xin Hunan client on May 13 (reporters Chen Dayong and Yan Luyan), the results of the “Innovative Hunan Thematic Promotion and 2023-2024 Hunan’s Top 100 Counties’ Science and Technology Innovation Achievements Promotion and Exhibition Event”—a publicity and exhibition activity jointly hosted by the Hunan Provincial Department of Science and Technology and the Hunan Daily—were announced on May 13.

Hengyang Shantai Chemical Co., Ltd. Polyester Resin SA9305B Carbon Footprint Assessment Report

In accordance with relevant carbon footprint assessment standards such as GB/T 24040 “Environmental Management — Life Cycle Assessment — Principles and Framework,” GB/T 24044 “Environmental Management — Life Cycle Assessment — Requirements and Guidelines,” and GB/T 24067 “Greenhouse Gases — Product Carbon Footprint — Quantification Requirements and Guidelines,” Hunan Kolin Hant Technology Service Co., Ltd. conducted a carbon footprint assessment of 1 kg of polyester resin (SA9305B) produced by Hengyang Shantai Chemical Co., Ltd. The assessment boundary was defined as “cradle-to-gate.” The assessment results are shown in the table below:

Hengyang Shantai Chemical Co., Ltd. 2024 Annual Greenhouse Gas Emission Verification Report

Hengyang Shantai Chemical Co., Ltd.'s 2024 emissions report and accounting methodology comply with the requirements of the "Guidelines for Greenhouse Gas Emission Accounting and Reporting for China's Chemical Production Enterprises (Trial)."

I. Preface

Hengyang Shantai Chemical Co., Ltd., as a socially responsible enterprise, not only continues to grow and thrive but also consistently remains mindful of the social responsibilities that come with its role. The company is committed to pursuing a win-win philosophy for society, employees, customers, and investors, thereby promoting coordinated, harmonious, and sustainable development between the enterprise and the community. An outstanding enterprise cannot thrive without the support of exceptional talent. Therefore, the company has always placed talent development and respect for talent at the forefront of its corporate growth, striving to create a harmonious and dynamic environment for nurturing top-notch professionals.

Hengyang Shantai Chemical Co., Ltd. has won the "Innovation and Entrepreneurship Competition for Small, Medium, and Micro Enterprises" in Hengyang City.

Hengyang Shantai Chemical Co., Ltd. is engaged in the R&D, production, and sales of polyester resins specifically designed for powder coatings. The company is a member of the Coatings and Painting Professional Committee of the China Chemical Society. The company’s energy-saving, environmentally friendly, low-temperature curing polyester resin for powder coatings is its flagship product, featuring independent intellectual property rights. This product effectively addresses the industry challenge of achieving both excellent low-temperature curing performance and superior protective properties at 130°C for coating surfaces on extremely large and heavy workpieces. It fills a critical gap in China’s coating industry—the lack of a viable low-temperature curing process for such large and heavy substrates—thus enabling China to reach an internationally leading level in surface coating technologies for rail transit equipment and construction machinery.

Decision on Establishing a “Technology Research and Development Center”

To intensify research and development efforts, enhance the company’s technological innovation capabilities and market competitiveness, and ensure the company’s sustainable development, the company’s Board of Directors has, after careful deliberation, decided to establish the “Hengyang Shantai Chemical Co., Ltd. Technology Research and Development Center” on the basis of the company’s existing technical departments.