Xinjiang Goldwind Science & Technology Co.,Ltd. Sustainability Report 2018
2018 Sustainability Report
in iang Gold ind Science Technology Co , td No. 107 Shanghai Road, Economic & Technological Development District, Urumqi, Xinjiang Tel：+86-（0）991- 3767402 Fax：+86-（0）991- 3762039 Post code：830026
Bei ing Gold ind Science Creation indpo er E uipment Co , td No. 19 Kang Ding Street, Economic & Technological Development Zone, Beijing (first- phase project) Preserving Blue Skies and Tel：+86-（0）10- 87857500 Fax：+86-（0）10- 87857529 White Clouds for the Future No. 8 Bo Xing 1st Road, Economic & Technological Development Zone, Beijing (second- phase project) Tel：+86-（0）10- 67511888 Fax：+86-（0）10- 67511983 Post code：100176 About the Report
Scope This report discloses the work of social responsibility carried out by Xinjiang Goldwind Science & Technology Co., Ltd. (hereafter referred to as "Goldwind" or "the Company") from January 1, 2018 to December 31, 2018, as well as its commitment to sustainable development. Some contents where appropriate are traced back to previous years. The report covers Goldwind and its subsidiaries.
Reporting Frequency This is an annual report. The report of the previous year was issued on March 23, 2018.
Reporting Reference The report was compiled basing on Hong Kong Stock Exchange’s Environ- mental, Social and Governance Reporting Guide, Shenzhen Stock Exchange’s Social Responsibility Guidelines for Listed Companies. It also draws extensive reference from the Global Reporting Initiative’s (GRI)Sustainability Reporting Guidelines, International Organization for Standardization (ISO)26000: Guide- lines for Social Responsibilities (2010) and other related documents.
Data Specification All financial data disclosed in the report is obtained from the Company’sAn- nual Report, while other data is obtained from the Company’s official docu- ments and related statistics. Unless indicated otherwise, any financial data in the report is expressed in RMB.
Reporting Commitment This Report was examined and approved by Goldwind’s Board of Directors. It has been guaranteed that the reported contents do not contain any false in- formation or misleading statement. Report Availability This Report is available in both Chinese and English. Should there be any in- consistency between the two versions, the Chinese version shall prevail. The report is published in both printed and electronic formats. To view this report, please visit Goldwind’s website at www.goldwind.com.cn, www.cninfo.com. cn, or Hong Kong Stock Exchange’s website at www.hkexnews.hk. Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018
CONTENTS
bout t e e o t Prospect e e om t e C ai man Pe o mance ndicato bout nde u tainable e elo ment ana ement nde endent u ance tatement eedbac o m
Products and Services Research & Development Corporate Governance Quality and Safety of WTGs P o idin eliable een Environment Supply Chain ana ement Ba ed on Power Com liance ana ement Science and Technology Coping with Cli- e on ible P ocu ement i ana ement nno a on e a on and ain- Employees Community and Public Benefit mate C an e tenance e ice Green Supply Chain n co u on Product and Technolog- tili ation o ne - ai and tanda d m loyment ical nno a on ate eatment in in Coo e a on aintainin elation i it t e i t and nte e t o y and e ou ce i e ity o m loyee Community n e to i in t e e elo - mi ion and a te ment o t e ndu t y u o n Community e elo ment ana ement ainin and e elo ment e ea C a itable o colo ical n i on- ealt and a ety mental P otec on m loyee Ca e
02 03 Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018
Letter from the Chairman
Having strived hard for 20 years, we never give up; having of the Company in the future. In order to reduce energy con- pursued our dream for 20 years, we have not changed our sumption and emissions of WTG component manufacturers cause. during production process and to propel the transformation Born in the era of China's economic reform and the wave of of the entire wind power industry, the Company was the global renewable energy revolution, Goldwind has walked first in the industry to launch “green supply chain” project to past its 20th year in 2018. In 20 years, Goldwind has been provide smart energy solutions for its suppliers. Through the carrying the mission "Preserving Blue Skies and White Clouds construction of energy efficiency management platform and for the Future”, continuing its innovation in the field of wind development of distributed clean energy, Goldwind took up power. Its growth from a wind turbine manufacturer and de- a leadership role in assisting suppliers in saving energy and veloper to a global, comprehensive solution provider in clean reducing emissions. By the end of 2018, the Company has energy, energy conservation, and environmental protection signed the Green Supply Chain Strategic Cooperation Agree- reflected the history of development and transformation of ment with 20% of its supply chain corporations and has been China’s wind power industry. widely recognized and supported by suppliers. In the future, the Company will create more sustainable development proj- Opportunities or challenges it faces, Goldwind has never ects, and further promote corporate social responsibility and changed its initiative and has always devoted to the envi- sustainable development with its own influence. ronment and society. It has always adhered to the goal of improving wind power efficiency, popularizing green ener- Goldwind has always cared for the society. As a corporation gy and serving for human society. By the end of 2018, the originating from Xinjiang, it has assisted in the development Company’s accumulative global installed capacity is above of poverty-stricken areas in Xinjiang, supported local educa- 50 GW, with annual electricity generation of 100 billion kilo- tion, participated in public infrastructure construction and watt-hours (kWh). The impact is equivalent to annual reduc- improved the community environment. Whenever a wind tion of 102.36 million tons of carbon dioxide emissions when farm is built, the Company carries social responsibility to the compared to fossil-fuel fired energy generation. local area and brings hope to the community. In addition, the Company has responded to the United Nations Global 2018 is key to global energy transformation. China has em- Sustainable Development Goals(SDGs), combining the aims phasized the policy of green energy development, and is of the global sustainable development with its own strengths committed to promoting green development and energy and experience to contribute to the resolution of the world's transformation through industrial innovation. Within this con- most urgent and critical environmental issues. text, the Company continues with technological innovation, industrial ecology optimization, and integration of advanced Although there will be unknowns in the future, Goldwind technologies such as big data and artificial intelligence. The will not back off from its commitments to the environmental company launched smart Wind Turbine Generators (“WTG”) and social development. In the trend of global green energy and accelerated the development of distributed wind power transformation and increasing demand for economical, green What distinguishes a good enterprise from a great one is that, while a good in order to create opportunities for the production and utili- and reliable electricity, the Company will keep up with its zation of high-efficient green energy, thereby driving a shift spirits and enthusiasm. It will continue to create innovative enterprise can persistently develop high-quality technology and products in energy usage pattern and motivating the growth of smart technologies and provide better-quality wind power products energy globally. and services, bravely embracing the future, accepting chal- to create benefits and value for its clients, a great enterprise will strive to lenges, and adding momentum to the global green economy. As a global corporate citizen, Goldwind adheres to trans- make our world a better place in addition to achieving the former. parent and regulated operation, interacts with stakeholders 20-year is a milestone, also a brand-new start. Let us look for- through good business practices and focuses on balancing ward to the future and pursue our dreams. I also hope that environmental and social needs when developing itself, all stakeholders will continue to pay attention to and support striving to achieve sustainable development with various the development of Goldwind, and work together with us to parties. The emphasis on environment and social impact create a brighter future. management has paved way for the sustainable development
Chairman Wu Gang
04 05 Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018
About Us
Company Introduction
Xinjiang Goldwind Science & Technology was founded in RMB 81.4 billion RMB 28.7 billion RMB 3.2 billion RMB 1.46 billion 1998 in Urumqi, Xinjiang and was restructured into a limited company in 2001. The Company was listed in Shenzhen Stock Total Asset Value Revenue Net Income Attributable to Tax Payments Exchange (SZEx: 002202) in December 2007 and was listed in Shareholders Hong Kong Stock Exchange (HKEx: 02208) in October 2010.
The Company is primarily engaged in the development and manufacture of wind power equipment, wind power service, wind farm investment and development, water treatment > GW business, etc.. With its extensive experience in Research & 50 No.2 No.1 8,753 Development (R&D), WTG manufacture and wind farm de- velopment, the Company not only provides high-quality wind Total Global Installed Capacity Market Share Ranking of Domestic Market Share Total Number of Employees power systems, but also meets the needs of its clients along- Global WTG Manufacturers Ranking side the industry chain by providing wind power service and wind farm development solutions. While consolidating its core business, the Company actively expands other renew- able energy and environmental protection businesses, and is committed in becoming a top runner in clean energy and energy-saving solutions. The company adopts Permanent Magnet Direct Drive (“PMDD”) technology. To meet rapidly-growing and diversi- fied needs of clients, the Company continuously completes and refines its technologies. It now owns a series of 1.5MW, 2.XMW, 2.5MW, 3.0MW(S) and 6.XMW PMDD WTGs that are adaptable to various external conditions, such as high and low temperature, high altitude, low wind speed, and coastal area. By the end of 2018, the Company’s cumulative installa- tions in the world are over 50 GW. Its cumulative installations in China are over 48 GW; annual installations are above 6.7 GW; market share is 32% and is ranked number 1 in Chinese market for 8 consecutive years. According to 2018 Global Wind Turbine Market Shares published by Bloomberg New Energy Finance (“BNEF”), Goldwind was ranked number 2 in global market shares.
06 07 Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability u tainability Report e o t 2018
Business Distribution
elyin on it t on e ea c and de elo ment ca abili e and le e a in on it inte na onali a on t ate ie old ind o- ide com e en i e olu on to clean ene y en i onmental otec on and ene y a in to el cu tome in e lo in alue in ene y e a in ele ant ene y t ate ie and ma in it an a o dable eliable and u tainable a et o eo le o ld ide
10 7 52 ui ment anu actu in lobal Cente ate eatment Plant Sites
6 con nent 24 countries Bu ine Co e a e Bu ine Co e a e
Kazakhstan
Uzbekistan
United Kingdom Copenhagen, Denmark
Canada Neunkirchen, Germany Poland Germany
France Romania
United States Chicago, United States Spain Turkey
Cyprus
Egypt Cuba
Thailand
Panama Ethiopia WTG Manufacturing
Pakistan Ecuador
Wind Farms Brazil Bolivia
Australia Water Treatment Plants
Chile Argentina R&D Institutions
08 09 Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018
Our Strategy Corporate Culture
With its mission “Preserving Blue Skies and White Clouds for power service, providing a full life cycle solution for wind Goldwind’s corporate culture is the the Future”, Goldwind is committed to becoming a global farm business. In addition, it continues to create the net- fruit of the Company’s accumu- leader of clean energy and comprehensive solution provider work of "source - grid - load" in the industry chain, providing lated wisdom and the inner force of energy conservation and environmental protection. In customers with user-end integrated energy services such as of the Company’s steady develop- this critical timing of energy transformation, opportunities electricity trade, energy management, and energy saving. ment. The Company upholds the and challenges coexist. Whilst building its strategic core With its development in water treatment technology, water notion “Creating Values for a Life business, the Company continues to explore and incubate treatment engineering and Internet of Things (“IoT”) capabil- Achievement” and strives to create businesses in new areas, expanding its business to the entire ities, it also provides overall smart water treatment solution an active, healthy and energetic wind power industry chain. It also continues the “offshore and operates water treatment assets efficiently. organizational culture. It aims to and overseas” strategy and forms four major business sec- inspire every Goldwind member tors: onshore wind, offshore wind, overseas wind, and wind to discover and create value in his or her work so as to fulfil both the Customer-oriented Company’s goal as well as one’s Customer focus is fundamental to a company's survival. The own career. Company insists that all employees stay in touch with the market, gain insight into customer needs, work with customers and ma- ture ourselves while helping clients succeed. Preserving Blue Skies and White Mission Clouds for the Future
Becoming a global leader of clean Pioneering energy and comprehensive solu- The Company encourages making breakthroughs, opening up minds, pi- Vision tion provider of energy conserva- oneering, and innovating. It also stimulates the discovery and creation of tion and environmental protection value through insights from experiences and innovation from practices. Wind power industrial chain Strategic Planning Smart energy network Water treatment and environ- Action Follows Words mental protection The Company disagrees with too much talking but few actions and encour- ages value-creation through actual practices.
Strategic Measures Modesty, Openness and Collaboration Goldwind people are modest, kind, and open-minded. The Company always en- Digitalization Internationalization Diversification courages its staffs to learn from customers, business competitors, and outstanding enterprises. Only by being humble can a person face future challenges; only by being open and aspirational can a person make breakthroughs. Goldwind people are aware of their limitations so as to explore possibilities and to grow. The Company insists on realizing its goals through cooperation with customers. It Provide customers with digital prod- Continually enhance the core com- With the aim of establishing a mod- firmly believes that to help others succeed is to help oneself succeed. ucts and solutions, with emphasis petence of international business ern energy system, promote large- on digital wind farms, online energy with focuses on three business pat- scale development of various busi- network, and wholly excellent in- terns: sales, invest-build-transfer, nesses. Incubate innovative business dustrial chain. Extend smart water and service. Stabilize investment and transform startup business into treatment solutions. Digitalize busi- scale, expand WTG sales and ser- strategic, major business. Respect and Trust ness, products and management. vices business, and explore the Respect lies in the way one treats people. It is our pursuit to let Goldwind people live and overseas market of distributed en- work with dignity. Respect is also reflected in Goldwind’s adherence to truth and rules and ergy and micro-grid. discard of power or hierarchy bias. The key to successful business is credibility. The Company has always committed to cre- ating a trustworthy work environment through actions so that corporations, employees, suppliers, and customers become a credible and integrated group.
10 11 Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018
Major Awards and Honors Goldwind puts its existence and development within the framework of global sustainable Sustainable development, marching towards businesses that benefit the environment and society. Through wind power equipment R&D, manufacture, wind power services, wind farm investment and development as well as water treatment, the Company is committed to Awards or Honors Dispatching organization Development helping community solve energy-related and environmental problems. In this process, the Management Company effectively manages business decisions and their impacts on the environment 2018 Global Challengers 100 Boston Consulting Group (BCG) and society through transparent and regulated operations. It strives to achieve sustainable development together with its stakeholders, actively utilizing its unique business advantag- Fortune China 500 Fortune China, CICC Asset Management Department es and resources to contribute to the solutions of global issues such as poverty and envi- ronmental degradation.
Climate Leader Plants Energy Foundation In order to improve the management efficiency and standard of sustainable development, the Company has established and gradually improved the sustainable development work 2018 International Clean Energy Enterprise of the International Clean Energy Forum (Macau), China-ASEAN Center, ASEAN En- system. It established the sustainable development organization system, refined relevant Year ergy Center mechanisms, initiated internal and external dialogues and capacity-building, and mixed sustainable development concepts with daily business. In 2018, the Company launched Energy Decade: Innovative Equipment Enterprise Energy Magazine 8 new employee social responsibility training sessions that involved more than 800 new Award employees, spread sustainable development concept within the Company, and guided em- 2018 National Excellent Wind Power Equipment and ployees to understand the relationship between sustainable development and their work China Investment Association Material Supplier positions. Most Honored Company & Best Investor Relations Institutional Investor (U.S.) Company in All-Asia (ex-Japan) Sustainable Development Organization System 2018 China Energy Enterprise Innovation List · New Beijing NengApp Energy Manufacturing Goldwind’s sustainable development organization system consists of the Sustainable De- China Quality Award Nomination State Administration for Market Regulation velopment Management Committee, the Sustainable Development Office and the Sustain- able Development Taskforce. The Sustainable Development Management Committee is the Award for Fastest-growing Public Company in New highest decision-making body of the Company’s social responsibility and sustainable devel- Energy Industry National Business Daily opment management. It comprises primary leaders of the corporation and is responsible China Top 25 Technological Innovation Public Com- for guiding the Company’s social responsibility and sustainable development strategies, pany Brand Value List solving critical problems of implementations, and ensuring that such strategies and other Asian Photovoltaic Industry Association (APVIA), China Renewable Energy “SNEC Top 10 Highlights” Gigawatt-level Gold Award social or environmental appeals are included into its decision-making process. The Sustain- Society (CRES), etc. able Development Office consists of department heads whose duties are primarily relevant Outstanding Enterprise Award for Meteorological to the issue, and corporate social responsibility professionals. It provides professional China Meteorological Service Association Services support and action plans for the Company to promote sustainable development. The Sus- China Electrical Equipment Industry Association Wind Power Equipment tainable Development Taskforce is set up according to specific projects of concern and is 2018 China Offshore Wind Power Industry Promo- Branch, China Electrotechnical Society Wind Power Technology Committee, responsible for implementations. tion Award East Wind Power Net Ministry of Commerce, Pilot Business for National Supply Chain Innovation Ministry of Industry and Information Technology, and Application Ministry of Ecology and Environment Sustainable Development Management Committee As You Sow (U.S. NGO), Clean200™ List Corporate Knights (Canadian market research company) Sustainable Development Office 2018 Golden Wings Award – Company Value Rank of Securities Times Hong Kong Connect
China Association of Social Workers – Corporate Citizen Committee, CCTV, Top 50 of China CSR Brands Tencent Foundation Environmental Procurement Employee Community Management Taskforce Green WTG Taskforce Responsibilities Taskforce Care Taskforce Charity Taskforce
Best Board of Directors, Best New Media Award Securities Times Sustainable Development Taskforce
2018 Golden H-Share Best Investor Relations Man- Zhi Tong Cai Jing agement Public Company
12 13 Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018
Sustainable Development Communication Stakeholder Engagement
In addition to everyday business communication and exchange, the Company also communicates with stakeholders with Engaging in stakeholder communication is a crucial part of Goldwind’s sustainable development management. The Compa- regard to its own sustainable development work. While broadcasting sustainable development concepts to these stakehold- ny accurately identifies stakeholders and communicates with them through meetings, regular visits, surveys, etc., to under- ers, the Company at the same time obtains advices and opinions from these external stakeholders, including social responsi- stand their expectations and demands. Then the Company takes measures and tries it best to meet such demands. bility professionals, regulators, etc., in order to improve the quality of work.
The Company hosted a research seminar “Power Company CSR Implementation Guide: National Standard Development Stakeholders Major Concerns or Expectations Response and Pilot Application”, sharing its experience in management and practice Enhance our business management capacity The Company’s 2018 Sustainability Report was awarded the “GoldenBee CSR Report - Supplier Information Disclosure Sustainable profitability Strengthen management of debt risk Award” at the 11th China Corporate Social Responsibility Report International Symposium Regulation of corporate governance Optimize internal management system of compli- Shareholders and The Company compiled the CSR case study “Building A Green Supply Chain and A Green Wind Power Industry Chain” Disclosure of business information ance risk creditors that was included in the China Electricity Council’s Model Cases of Power Company CSR (2018) Enhance the profitability to reward Timely disclosure of information shareholders Organize shareholders' meeting Reasonable profit return
Strictly implement requirements set forth in Honour and integrity contracts High-quality products Strengthen management of product quality Clients Excellent services Offer varied and high quality products Respond to client concerns Offer excellent services Improve the procedure to handle client complaints
Equal and standard recruitment Set up staff committee Legal interests protection Appropriate salary and social insurance payments in Goldwind in the 11th China Corporate Social Responsibility National Standard Research Group for Power Company CSR Salary and welfare guarantee a timely manner Report International Symposium visiting Goldwind Employees Health and safety protection Improve talent development channels Development platform building Offer competitive salaries Offer diversified welfare In 2018, the Company (H shares: 2208) became a constituent of MSCI ESG Leading Indexes. Offer healthy and safe work environment One of the key global indexes in CSR investment, this index is created by the U.S. company ,MSCI, and constituents are companies with excellent ESG results Transparent procurement Open and fair purchase Supplier and other Honest contract performance and integrity Timely payment for goods partners Win-win cooperation Support the healthy development of suppliers The Company became a constituent of Hang Seng Corporate Sustainability Index and the Hang Seng A-share Sustainable Development Index for the second year after September Carry out energy conservation and emission reduc- 2017 Protection of local environment tion actions Community Support of community development Protect ecological environment Charity and welfare Support public affairs of the community As one of the 50 best-performing A-share companies in ESG, the Company was included in Carry out charity activities within the community China’s SGCX ESG50 Index for the second year Follow laws and regulations Follow laws and regulations Pay taxes according to law Government Drive local economic development Offer job opportunities Through its long-term development and value creation capability, the Company was admit- Tax payments Drive development of related industries ted by Social Value 99 Index, the social value index jointed published by WIND and China Alliance of Social Value Investment Carry out strategic cooperation Financial institutions,R&D Common development Strengthen industry, university and research co- institutions, media, etc. Information disclosure operation Organize activities such as visit, meeting, etc.
14 15 Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018
Identification of Key Aspects
n t e ba i o inte nal and e te nal ta e olde e ecta- disclosed in the u tainability e o t e e confi med tion it bu ine co e and lobal u tainable de elo - n ecembe t e Com any i ued to it ta e olde ment and it e e ence to dome tic and inte national a ue onnai e conce nin to ic to be co e ed in t e u - C tanda d uideline ini a e a ell a e ula on tainability e o t and ecei ed eedbac and u e on on t e de elo ment o ind o e indu t y a total o om in e to cu tome em loyee and u lie to- to ic i ue conce nin t e Com any economic ocial tal o alid ue onnai e e e collected and en i onmental im act t at a e o im o tance to ta e olde deci ion e e iden fied e bein e ie ed by t e Com any mana ement and bein ad u ted acco d- in to u ey ta e olde illed out all t e i ue to be
Matrix for the material aspects of the 2018 Sustainability Report of the Company i and nno a on Co in it climate c an e
n uence on e alua on and deci ion o ta e olde Quality of WTGs
Client e ice ccu a onal ealt and a ety Community communica on and a ci a on u ly c ain mana ement m loyee de elo ment Charity m o ement o ate en i onment ne y a in and di c a e educ on ai and tanda d em loyment colo ical ci ili a on con t uc on a te mana ement i in indu t y de elo ment Corporate o e nance n co u on
Low i n uence on c ea n ma imi ed com e en i e alue o economy ociety and en i onment o t e Com any
16 17 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
a li ted com any on bot on on and en en toc c an e o e t e yea old ind al ay u old inte ity one ty and com liance in it bu ine e and o e a on con nuou ly u adin it co o ate o e - Corporate nance and inte nal mana ement le el and c ea n alue o a e olde and t e ociety u tainably 01 Governance
United Nations Sustainable Development Goals Supported
old ind a e tabli ed a obu t an co u on y tem t a e no e o t in ai in ublic a a e- ne a ain t co u on and in e andin it t ainin o am t a et u com laint c annel and t i e to c eate a t an a ent and ealt y o en i onment P22
18 19 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
Goldwind strictly abides by requirements of laws and regulations and standardized docu- Building on top of the standard management systems of ISO9001, ISO14001 and ments such as the Corporate Law, Securities Law, Governance Standards of Listed Compa- Risk OHSAS18001, the Company further improves its risk management and internal manage- ny, Corporate Governance Codes, Articles of Association. It works on governance structure, ment systems. It has formulated policy documents such as Fundamental Governance for formulates a modern corporate system, and standardizes company procedures to ensure Management Internal Business Operations and Risk Management System, covering different business healthy and orderly operations of various production and business activities. sectors and management segments. The Company also conducts risk control and major When the Company selects a board member, it considers the diversity of board in terms risk management assessments every year, emphasizing efficiency and behavioral compli- of various factors such as professional experience, skills, knowledge, age and gender. As of ance. In 2018, the Company compiled the Risk Management System Plan and coordinated 2018, the Company added 1 female director. Female members accounted for 11% of the all-level risk management goals, countermeasures, and assessment criteria to increase risk total number of board members. management capabilities, on top of integrating risk management, standardization manage- ment and lean management. The meetings of shareholders, the Board of Directors, the Board of Supervisors and the Special Committee of the Board are responsible for reviewing major matters related to development of the Company. In 2018, the Company held 8 Board meetings and reviewed 62 proposals including the annual report, profit distribution plan, etc.. The Company held Merging management approaches such as internal monitoring, standardized 3 shareholder meetings and reviewed 21 proposals.It also held 5 meetings of the Audit management, lean management etc. to exert complementary advantages on Merging Committee, 1 meeting of the Nomination Committee and 1 meeting of Compensation and tasks such as target setting, division of labor, prevention measures & imple- Assessment Committee. mentation procedures, thereby increasing overall management efficiency Please refer to the “Corporate Governance Report” section of the 2018 Annual Report 8 (H-shares:2208) or the “Corporate Governance” section (A-shares: 002202) of the report Covering all business aspects and assimilating into various management el- for detailed information about the Company’s governance. Risk Management ements,e.g. annual budget planning, project investment approval, tender & Board Meetings Assimilation System procurement assessment etc.. Evaluating risks and formulating solutions at the time of decision making
Shareholders' Meeting 3 Integration Integrating corporate culture with its robust operational style to demonstrate Shareholders’ General Board of Supervisors values of the Company Meetings Board of Directors
Compensation and Nominating Strategic Audit Committee Assessment Committee Decision Committee 5 Committee Audit Committee Meetings Business Units
The Company's Governance System
The Company strongly adheres to honesty credibility and compliance. It fulfills the obliga- Compliance tions of a listed company and continuously improves its compliance system with daily con- sultations, major issue assessments, compliance training and inspection, accepting feed- Management backs and suggestions to improve itself, as well as amending theArticles of Association, Fundraising Governing Mechanisms in accordance with relevant rules and regulations. It has also revised the Compliance Manual according to rules and practices of Shenzhen and Hong Kong Stock Exchange to provide legal compliance support for its businesses to reduce management risks. In addition, the Company tailor-makes compliance training materials in accordance with different characteristics of subsidiaries, providing them with multiple training sessions and promotional activities throughout the year, thereby enhancing their compliance awareness and capabilities and raising the overall quality of management.
20 21 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
As a company listed on both the Shenzhen roadshows, online results conference, Anti- Under the guidance of the Board of Direc- occurring. The Company also regularly Rights and and Hong Kong Stock Exchange, Goldwind specialized policy briefings and reverse in- tor Audit Committee, the Company has surveys employees’ understanding of the has always adhered to the principles of vestor roadshows etc. to communicate its Corruption set up an independent audit department compliance culture, collects perspectives Interests of fairness, justice, openness and information business performance, major policy chang- to monitor and tackle corruption. The on anti-corruption related issues, commu- disclosure consistency across the two ex- es and other major events to its investors. Company has a robust anti-corruption nicates with industry peers, and improves Investors changes. It continues to refine information It also utilizes new media such as WeChat system which assesses the effectiveness of anti-corruption policies to ensure that it disclosure system and releases company official accounts to publish corporate news the regulations in preventing corruption matches up to the level of business devel- information in a timely, accurate and com- from time to time, bridging communica- through the internal audit department. opment. plete manner. It strictly follows the Rules tive platforms with domestic and foreign It has also set up mechanisms to restrain In 2018, the Company carried out an in- and Regulations for Listed Companies, con- investors. operations in risky and key areas where depth analysis of its business operation to forms its decision-making procedures and In 2018, the Company issued 4 regular corruption is most likely to occur. In 2018, pinpoint the weaknesses in management. protects the rights of investors, striving reports, 77 A-share announcements and no legal proceedings related to company It strengthened anti-corruption supervi- to create sound business returns for their 153 H-share announcements, of which corruption were recorded. sion in terms of procurement, project con- investment. As of 2018, the Company was 81 were in both Chinese and English. The The Company adheres to the principle struction, investment and development rated A (Excellent) in the annual informa- Company organized overseas roadshows 20 of transparency and legal compliance in etc., and proposed recommendations to tion disclosure assessment for companies twice, reverse investor roadshows twice, Anti-corruption Talks its operations, regarding credibility, righ- raise working standards. It increased the listed on the Shenzhen Stock Exchange. and online reception day twice. It also throughout the Year teousness, integrity and self-discipline as frequency of anti-corruption training and Being part of the new energy business participated in five sell-side summits. the fundamental ethics of all employees. promotion sessions, expanded the scope and facing frequent policy changes and Throughout the year the Company orga- It has compiled the Regulations against of training, designed differentiated train- fierce market competition, it is difficult for nized 83 communicational meetings, 6 + Bribery in Work, clarifying the concept ing contents and activities to cover key investors to keep abreast of the latest in- global conference calls, 2 on-site visits to and format of bribery, listing preventive management personnel, newly promoted dustry developments and the competitive wind farms, and met with 1,068 investors 700 measures and mechanisms for reporting leaders and new employees. Roughly 20 advantages of the Company. Therefore, in in total. It responded to all the questions Employees covered and investigating, as well as stipulating anti-corruption sessions were conducted addition to online interactive platforms, investors have raised via IR platforms, corresponding remedies and penalties. It throughout the past year, covering more telephone, mail and on-site communi- email and hotline. has complied the Sunshine Convention, than 700 employees. cation, the Company actively conducts Employee Ethics & Code of Conduct to The Company publishes on its official web- ensure that staff abide by business ethics, site, work venues and digital platforms the encouraging healthy and orderly inter- channels through which complaints and action between employees and business reports can be made. It has designated partners. Goldwind employee Pledge and staff to handle these complaints and re- Reward & Penalty Management System 4 153 ports, and guarantees measures to protect Regular reports published H-share announcements published helps to guide and regulate employee the employees or other personnel who are behavior, preventing corruption from involved in the investigation.
Goldwind Anti-corruption Hotline: +86-(0)10-67511888-1127 E-mail: [email protected] 100 1,068 Address: Investors’ questions answered Investors attended to by IR officers Audit & Legal Department, Goldwind Science & Technology Co., Ltd. No. 8 Boxing Yi Road, Economic & Technological Development Zone, Beijing Post Code: 100176
22 23 old ind oac ely conduct tec nolo ical inno a on to omote t e de elo ment o t e ind o e indu - t y t inte ate tec nolo ie uc a bi data and a ficial intelli ence to c eate e e ience in t e oduc on Research & and u li a on o e cient een ene y c an in t e ay uman ac ui e ene y and o ellin t e con nual 02 Development o e ion in t e o ld o ma t ene y
United Nations Sustainable Development Goals Supported
old ind i leadin t e indu t y it inno a on e oduced a e able to ada t to ty oon t unde to m e t eme tem e atu e and ot e inclement eat e ey a e al o e ui ed it en i- onmental eatu e uc a noi e mi a on bi d otec on and li t ado ic e in cont ol P28 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
The Company emphasizes technological world-class technologies and products Management innovation. It constantly seeks to im- with its own intellectual property rights Some collaborative innovation projects prove the current system by exploring and to lead industry development. 7 Joint research on ultimate wind load with the Technical University of and optimizing innovative procedures Based on The Company has set up 7 major R&D R&D Centers established Denmark and approaches in management, striv- centers around the world. They are locat- Joint research with North China Electric Power University on special- ing to enhance its original and integral ed in Beijing, Urumqi, Yancheng, Wuxi, as Science and ized technology of Goldwind’s high-power PMDD generators innovative capability. The Company has well as Denmark, Germany and the Unit- always been developing innovative wind ed States. These centers are responsible Established long-term collaboration and signed a Memorandum of Co- Technology % power technologies to keep up with for production and operation support, 35.78 operation with the University of New South Wales R&D personnel as proportion market and customer needs in order to new product development, technology Joint research with Beijing Aerospace Measurement and Control Tech- of total employees Innovation provide them with superior products and and test management etc., providing nology Company on developing portable synchronous WTG equipment services. Steered by the Chairman of the technical support to the Company inter- Worked with Beijing General Certification to jointly build a high-end Board, the Company comprises a Strate- nally while meeting the needs of indus- In 2018, the Company held the 6th laboratory to carry out research on pioneering technology of the wind gic Innovation Committee which explores trial development. In order to further Technological Innovation Awards Con- power industry and supports innovative businesses, and strengthen its research and development ference, evaluating and awarding over provides full support and services. The capability, the Company actively seeks co- 1,555 innovations with RMB 14.45 mil- Company adopts an authorization man- operation with research institutes, higher lion bonus. agement system consisting of three lay- academies or outstanding corporations, ers: the corporate level, the unit level and soliciting complementary support to the micro-innovation level. By providing a jointly conduct activities such as research Number of R&D personnel R&D personnel as proportion of total employees platform for creative projects and assist- or results promotion, and the establish- ing in the incubation and transformation ment of a global wind power innovation 3,132 34.41% 35.78% to results, the Company aims to invent 2,881 network. 28.81% 2,080
2016 2017 2018 2016 2017 2018
In November 2018, Goldwind R&D investment (100 million RMB) R&D investment as proportion of revenue Laboratory was approved to join Intertek's Satellite Pro- 15.77 gram. Goldwind is a domestic 14.73 wind power manufacturer to 13.85 5.86% 5.49% join this plan in an early stage 5.25%
2016 2017 2018 2016 2017 2018
26 27 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
The Company combines innovation to drive digitalization and customization Smart WTG Product and with wind power industry and actively of WTGs, and has achieved major break- researches on key and major R&Ds in throughs in high tower, long blade, and With the development of artificial intelli- Then through the control system,WTGs Technological the industry. It introduces big data, IoT, large-capacity and smart-WTGs. gence, big data, cloud computing and IoT, issue commands to adjust. By employing cloud computing and other technologies the Company weaves such new technology advanced sensors and GPS, the Company Innovation into traditional WTG to create smart WTGs collects real-time deviation parameters of that can sense the external environment WTG key components like displacement, Optimize Levelized Cost of Energy (“LCOE”) and recognize its own status, thereby inclination, sinking etc. during their op- exerting control and engaging in collabo- eration, providing reference information As one of the earliest companies in Chi- liver high-volume and high-quality wind rative decision making. In other words, it for the entire control system. Moreover, na’s wind power equipment R&D and power products within a short period. enables WTG to exert a certain degree of by integrating new data technologies like In the context where wind power manufacturing industry, Goldwind has Whilst ensuring performance of WTGs “thinking” ability. big data and cloud computing, Goldwind steps towards true parity, Gold- profound knowledge with regard to LCOE. in its life cycle, the Company leverages Using radar system in windspeed measure- develops algorithms that can assist in the wind will continue its competitive- It emphasizes on, and continues to re- its advantages in R&D and technology to ment and control technology, the WTGs optimization of WTG and monitoring of ness of the entire industry chain duce the full life-cycle wind power LCOE. develop independent innovative technol- can accurately detect wind resources in potential problems of wind farm. and commit to providing custom- Relying on robust production and supply ogy products, enhancing the efficiency of front of the wind wheel rotating plane. ers with fast, accurate, cost-effec- chain facilities, a highly intelligent manu- wind power projects in terms of design, tive, environmentally-friendly and facturing system, an automated, digitized construction, and operation, thereby Smart WTG Features comprehensive solutions, leading and standardized management system maximizing power production with the the industry to technological plus a large logistical and transportation least possible cost. progress while at the same time network, the Company manages to de- Detection: Employ all kinds of advanced sensors to conduct deep perception of external envi- further enhancing the cost com- ronment and WTG status and behavior petitiveness of wind power. Self-recognition and Control: Evaluate surroundings, status and performance through acquiring sensor information and further self-adjust, adapt and control Collaborative Decision Making: Make collaborative decisions at the levels of single wind farm, ——Wu Gang, wind farm group and energy network to ensure optimal performance of the entire system Goldwind Chairman
Some innovative technologies
Mid-Scale Meteorological Data Simulation Technology Wind Farm Design Uses big data technology to analyze meteorological data within the wind farm to forecast features such as wind & Planning Phase power, temperature, natural disasters etc., ensuring the layout of the WTG can utilize the most of wind resources 3D High Precision Model Simulation Technology by Drones Uses drones to make precise 3D models and to accurately identify wind farm landscapes in order to create the most correct and realistic simulations Surface Object Rapid Identification AI Technology Uses AI to identify limiting factors such as houses and ponds within the wind farm with precise drone data and high-discrimination satellite data to avoid the layout of turbines not fulfilling the actual scenario
Wind Farm BIM 7D Dynamic Visualization Platform Construction Creates 3-dimensional VR pictures to demonstrate the complete construction of the wind farm. The platform possesses the 4 functions of progress, cost, quality and safety management; by determining precise plans with Phase the above factors, it can fine manage production progress, lower project costs and increase building efficiency EFarm Laser-Radar Smart Control Technology Wind Farm Uses laser radar wind speed sensors to precisely predict wind flow data, proactively optimizing the WTG in ad- Operation Phase vance. It can effectively reduce loading of the WTG key parts by 5-10%, increase WTG generation performance, lower project investment and increase returns The POWERNEST™ System The Company continues to increase its innovative investment in 2018. Four smart WTG As the control system of the wind farm, it can manage data and status of various sensors, collaborate on over all control of the wind farm, increase power generation capacity of the entire farm and hence improve environ- models were launched: GW168-8MW offshore large capacity unit, GW184-6.45MW off- mental friendliness shore large impeller unit, GW168-6.45MW offshore typhoon-adaptive low wind speed unit, and GW155-3.3MW onshore low-to-medium wind speed unit, all equipped with high- er power generation capacity and more reliability and grid adaptability.
28 29 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
Protection of Intellectual Property Rights Driving the Development of the Industry The Company has accumulated profound R&D efficiency. The Company has also publi- results of technological innovations in its cized the Intellectual Property Management With an open-minded, cooperative and win-win attitude, the Company cooperates with industrial, academical and research development. In order to protect these in- System and the Trademark Management fields. Together with these partners it promotes innovations in the realms of new energy, energy conservation and environmen- novations and encourage development of Measures, regulating work related to intel- tal protection. innovative work, the Company has set up an lectual property rights. All these measures intellectual property management office. It seek to protect internal innovations of the is staffed by intellectual property manage- Company whilst respecting and avoiding in- Strengthens core technologies of R&D, leads technologi- Actively participates in industry exchange activities, ment personnel who provide information fringement of intellectual property rights of cal development in the industry shares wind power experience with international peers, support and intellectual property protection others, minimizing operational risks and cre- Actively promotes R&D of key and significant technol- explores development trends at the forefront and pro- for technological innovations to improve ating a desirable atmosphere for innovation. ogy, undertakes research of important technological motes technological development of the industry areas and leads industrial progress Cumulative number of domestic patent licenses 1,826
1,335 819
2016 2017 2018
Cumulative number of domestic patents for invention Participates in the compilation of international, national and industrial standards, leading the development of industry 520 standardization The Company takes part in the formulation of standards of innovative technology, continuously improves industry stan- 363 dards and contributes to its healthy development. In 2018, the Company cooperated with the International Organization for Standardization (ISO) in the revision of international standards as well as the standardization of international wind 203 power pioneering technology.
Cumulative number of domestic standard-setting participated Cumulative number of international standard-setting participated
2016 2017 2018 178 11 151 7 127
3
2016 2017 2018 2016 2017 2018
Conducts training for customers and suppliers, cultivates talents for the industry The Company utilizes its advantage of talents and other resources in the industry to provide training and accreditation exams for industry professionals working at heights. It also provides professional personnel training for major clients, identifies, trains and accredits key personnel for its suppliers, as well as educates private wind power developers.
30 31 ou conduc n ind tu bine and manu actu e clean ene y de elo ment and ate t eatment bu i- ne e to co e it ene y and en i onmental oblem old ind ad e e to t e ilo o y o e in o Products and t e ociety and t e en i onment and cont ibute to t e utu e o t e man ind 03 Services
United Nations Sustainable Development Goals Supported
old ind en a e in ate t eatment bu ine and launc e a te ate t eatment ate eu e and lud e di o al o ect on a la e cale t inte ate ate t eatment it ene y tec nolo ie to c eate a ne model o clean ene y u li a on and ma t ate lant mana ement P37
old ind i commi ed to o idin a o dable eliable and u tainable een o e to t e lobal community t ou inno atin ind o e tec nolo y and oduct educin elect icity co t a ell a buildin ind a m a ound t e o ld to o ula i e een ene y P36 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
ind a m a e mo tly di tant om u ban a ea and t e ene ato a e in talled e e al Quality and und ed mete abo e t e ound any uality and a ety oblem ould entail t e t an - o t o e ui ment and maintenance ta meanin u e co t o bot e ui ment man- Safety of u actu e and o e ato e e o e t e uality and a ety o eatly a ect in e t- ment etu n o t e en e ind a m a ell a t e ealt and a ety o on ite e onnel WTGs Quality Management of WTGs
e Com any alue t e oduct uality o and outline t ate ie it uality and e ciency inci le Combinin it yea e e ience in manu actu in old ind e lo e and o mulate it uality mana ement model a a ind o e ma at on om t e i e dimen ion cultu e o ientation tec nolo ical inno ation leade i initiati e u ly c ain and cu tome e e ience it ua antee and en ance t e uality o products in all aspects.
old ind a al ay t eated ind o e a a ma at on and ocu e on c ea n lon te m alue o it cu tome e Com any a cula ly em a- n t e Com any im lemented in de t it ind o e ma at on uality mana ement mod- i e t e uality and eliability o it oduct du in t e yea li ecycle el omul ated t e mana ement a oac e o t e i i ma lean mana ement uality analy i o a and ill ne e unde mine t e e acto becau e o c an e in t e con nual uality im o ement etc to im o e t e o e a n tanda d o oduc on Ba ed ma et en i onment on e i n o mi a on ocedu e modula oduc on and y tema c a embly old ind a —— Wu Gang, Goldwind Chairman em loyed ma t mec anical e ui ment to im lement i elinin o e a on in t e manu actu in oce t a al o embedded ma o unc on o t e anu actu in ecu on y tem into a iou te o t e oduc on oce e a a mean o en u in oduct uality e Com any a com iled olicy document uc a t e ui ment uality n ec on e a t- ment anual and i o al P ocedu e o on ualified P oduct t ictly e ecu n uality in ec- on and di o al o a iou element includin ocu ed a t e ui ment a embly t an o ta- tion on ite in tallation etc e Com any a al o com iled t e Cu tome Com laint andlin P oce tanda di in t e oce o andlin com laint in o de to collect and analy e in o ma- on and e ol e t em in a mely manne o a to con nuou ly im o e t e uality o oduct and e ice
Safety Management of WTGs
e Com any t ictly im lement a ety tanda d cu a onal ealt and a ety de i n e ui ement du in t e de elo ment and manu actu in o t e eby a oidin o educin a ety and ealt cco din to t e ocedu e ul illin risks for staff and guaranteeing WTG security. It Culture Orientation Leadership Initiative Technological Supply Chain Customer Experience ealt and a ety e ui ement de elo in otec- al o em loy eal me in o ma on tec nolo y to Innovation e de ice o idin om t o a ety i ue monito a e ate and cont ol any idden a ety e ine and nu tu e tabli e o ani- As wind power tech- obili e e ou ce tend uality it continuou ly im o e otection unction in a a d o ind a m ac o t e count y and e - uality cultu e o ation and y tem nolo y inno ation along the supply mana ement to o e - te m o t e elect oma netic adiation and elec- ula ly de i n e en e mea u e to educe t e one ty ecau on uc a uality deci- runs through the c ain to im o e ation stage, ensuring trical safety of WTGs and ensures the health and c ance o uc idden a a d om occu in n el mana ement ac- ion committee and en e li ecycle o t e WTG production and that generators work cu acy and t e t i e uality i cont ol conduct ual- standards together reliably throughout safety of installation workers, operation staff and t e Com any de i ned t e a ety com li- o e cellence and to ensure that senior ity de i n at t e it manu actu e the life cycle cu tome a muc a o ible n t e Com- ance tanda d o o o e unit im o ed restates it within the leaders take the lead ta e to im o e pany did not recall any WTG products due to safety t e de i n o a ety i n e ented o ible o ani a on to ol e c i cal uality product standard and and health concern. malo e ation and e onal in u y and educed oblem eliability om t e a ety i to ma e t e mo e ecu e and beginning e Com any a added a ety e ie ocedu e at a iou ta e o t e oduct de elo ment o- user-friendly. ce en u in t at ne oduct com ly it oc-
34 35 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
The demand for energy in modern economic and social development has been increasing. From building wind power service teams, optimizing the network of spare parts Providing While traditional energy sources are depleting and causing environmental pollution, the WTG Operation distribution, designing wind power service standards and solutions, to applying development of green power has become a trend in the globe. The Company continuously new technologies such as big data and cloud computing in its operation and Reliable develops and promulgates clean energy technology and equipment, creating conditions and Maintenance maintenance, the Company strives to improve wind power service capability for, as well as facilitating the use of, green energy in the society, changing the ways man- and service quality, to maintain high efficiency of operation, and to increase Green Power kind accesses energy. Services WTG stability and wind power generation. The Company has been cultivating carefully in the wind power sector, developing core technologies such as distributed energy, integrated energy supply, advanced energy stor- age, smart and digital management, etc.. It provides diversified energy products and solu- tions in network, source, load, storage, control and other aspects. Wind Power Service Team Wind Power Management System Possesses around 2,000 domestic operation & maintenance Established over 30 standards throughout the entire WTG engineers with experiences of complex operations such as lifecycle operations including their admission to site, instal- PMDD technology & double fed multi-systems lation delivery, operation maintenance etc., promoting the standardization of WTG operation & maintenance during their service period
Distributed Energy Energy Storage System Integrates various types of distributed Separates traditional centralized energy Smart Operating & Maintenance System Resource Network Layout energy through scientific planning and storage systems into electronic storage Established an integral solution which comprises the "online" Set up 4 1st-tier archives, 13 2nd-tier archives, 122 3rd tier allocation in correspondence to the en- systems and battery storage systems, then smart operation system SOAM™ and "offline" efficient exe- archives and 18 4th tier archives, forming a 3-dimensional ergy demand of the users and local clean stores or releases energy according to dif- cution, swiftly responding to various needs of the wind farm, service network coverage with nodes, lines and surfaces energy endowment. By realizing optimal ferent scenarios. This effectively reduces enhancing operation & maintenance efficiency and benefits allocation of diversified energy, efficient the operational risks and costs of the sys- of the wind farm collaborative supply and computerized tem, standardizing its operation and laying dispatch, such technology reduces energy the foundation for the local consumption costs, increases end-user energy utilization of wind power. and the clean energy ratio. Building the “iGo” Offshore Wind Power Smart Management Platform to Reduce Offshore Operation and Maintenance Costs Designed specifically for the offshore wind power business, the Company applies digital and smart technology to build the “iGO” Qinghai Province Achieves “9 Days of Green Energy” through Ultra Large-scale offshore wind power smart management platform. Through the construction of remote dispatching systems, equipment lifecycle New Energy and Big Data Platform archives and defect solution libraries, the Company develops defect surveillance modules based on status monitoring. It coor- dinates resource allocation for various parties, optimizes plans for marine missions, improves collaborative work efficiency, and China’s first mega-scale new energy and big data platform – the Qinghai New Energy And Big Data Innovation Platform jointly reduces power generation loss and the frequency of marine trips. The platform is equipped with various software, hardware and developed by Goldwind, the State Grid Qinghai Electric Power Corporation and the Beijing University of Technology Data Innova- data technologies such as hydrometeorology forecast and analysis, as well as onshore radar, enabling it to accurately respond to tion Center – managed to provide the entire Qinghai province 9 consecutive days (216 hours) of electricity – From 0:00 June 20 on-site emergencies and to implement plans timely, thereby ensuring the safety of outbound maintenance staff. to 24:00 June 28, 2018 – through only clean energy such as hydro power, photovoltaics and wind. As the key unit responsible for planning and construction of the platform, the Company led the creation of advanced applications. For example, the underlying IoT for energy to provide key technologies such as centralized monitoring, centralized power forecast and smart management of In response to the rapid growth of water energy efficiency platforms, it implements equipment. Qinghai’s “9 days of green energy” was a trial of zero-emission electricity. It enhanced the practice of clean energy demand in China and the grave problems of clean energy utilization and intelligent man- supply by maximizing consumption of new energy while laying foundation for the Company to build a clean, low-carbon, safe and Water water pollution and shortage, the Company agement for the energy consumption of the energy-efficient system. Treatment started water supply, sewage treatment and entire water plant, reducing the cost of elec- water reuse businesses in 2015. It aimed to tricity whilst raising the proportion of clean improve water use efficiency whilst reducing energy use and operation efficiency. The Company builds wind farms around the world, provides green power, and populariz- harmful pollutants to the environment. In es its use. By the end of 2018, the Company has cumulative installation of 50 GW in the The Company used this solution to assist the 2018, the Company independently devel- globe, with its business footprint covering 6 continents and more than 20 countries. It has Beijing Drainage Group in building distribut- oped several techniques in the field of ad- provided excellent and reliable green power to the society with an annual power genera- ed photovoltaic project in domestic water vanced oxidation processes, and established tion of 100 billion kWh. business sector, establishing a 36 MW pho- a joint laboratory with research institutes to tovoltaic system in addition to configuring an In August 2018, the China Electricity Council announced the results of the 2017 assessment implement application of the relevant tech- integrated efficiency management platform of national wind farm production and operation indicators by surveying the operation of niques in sludge treatment. and setting up an energy control center. It wind farms from five aspects – wind resources, power generation, energy consumption, The Company integrates its core new energy is estimated to generate 36 million kWh of equipment tracking, and operation and maintenance costs. The Company has received 80 business with its water treatment to invent clean energy annually, meeting about 30% of awards for its wind power projects, accounting for more than a quarter of its total awards. the “W + E” Smart Water-Energy Solution. electricity consumption and reducing carbon By accurately and dynamically applying dioxide emissions by 36,000 tons. techniques such as distributed energy and
36 37 old ind ac ely e ond to bot dome c and inte na onal climate c an e olicie and ene y t ate ie t t i e to lay an im o tant ole in t e ne ene y indu t y in o mi in ene y t uctu e and c ea n eco- lo ical ci ili a on t t e ame me it t ie it be t to educe any ad e e im act on t e en i onment du in it o e a on t ou inc ea in e ciency o e ou ce u li a on con e in ene y educin emi ion c e- 04 Environment a n ecolo ical ci ili a on a ell a o in in a mony it t e en i onment
United Nations Sustainable Development Goals Supported
old ind e a d t e ide u a e o ind o e a an a oac to tac le climate c an e t ac ely im lement e ilient t ate ie to ada t to climate c an e P40
en utili in o o e ind o e e ou ce old ind conce n about ma ine otection and a oid cau in any ad e e e ect on t e ma ine ecolo ical en i onment P43
old ind e tabli e an e ec e y tem to a oid dama e to o e t and e eta on du in it de el- o ment and con t uc on o ind a m t e eby otec n ildli e P45 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
lobal climate c an e i bot an o o tunity and a c allen e o old ind n t e one o t ene y and e ou ce con umed by t e Com any o e ational acti itie a e elec- Coping with and lobal climate c an e a om ted count ie to modi y ene y u e a e n and to Utilization t icity to o e o ce and manu actu e ac i e a oline o bu ine e icle die el o ac ely e lo e and inc ea e t e u li a on o ene able ene y uc a ind and yd o en inee in e icle and P o em loyee cate in ate con um on i not e ui ed Climate o e t e eby omo n t e o t o ind o e bu ine e n t e ot e and ob- of Energy in t e oce o oduc on and ate t eatment oce e do not con ume ate lem cau ed by climate c an e uc a e t eme eat e ea le el i e and ocean acidifica- om t e natu e ate i mainly u ed o o ce and canteen and li le ate i u ed on Change on ill a ect t e e ciency o ind o e ene a on oduc on and t an o ta on o and Resources du t u e ion and eenin in t e oce o ind a m de elo ment and con t uc on t e com onent in addi on to o in bi e c allen e o t e to ada t to t e en i onment Amount and Density of Primary Energy or Resource Usage of the Company ile o ula i in ind o e oduct and e ice o ld ide to educe een ou e Type of energy or resource a emi ion t e Com any i adually ettin u and im o in it e on e lan to im lement e ilient ada ta on to climate c an e e Com any eco ni e t e im act Po e con um on t e mal million and i o en i onmental c an e cau ed by climate c an e on it bu ine o e a on Po e con um on ind ola million and continue to en ance t e ada tability o ind tu bine unde a en i onment a oline e Com any can ada t to ty oon t unde to m i tem e atu e and ot e ie el e t eme eat e ou t e u e o oofin a ain t co o ion alt e o ion and o t e i uefied Pet oleum a m Com any o o e e and unction elated to en i onment cont ol y tem and meet t e need o t e ma ine en i onment atu al a m e all ene y con um on e B e enue n t e Com any a in talled a total ca acity o o ind tu bine a ound t e o ld e ui alent to educin million ton o ca bon dio ide emi ion by t e mal o e ton o tanda d coal B ate con um on t Environmental Benefits Achieved through Company’s WTG Products ate con um on e ca ita ton ca ita Com a ed to coal fi ed o e e ui alent to Pac a in mate ial ood ton en ity o ood ac a in u a e t c
GW 10k tons e e to B ene al P inci le o Calcula on o t e Com e en i e ne y Con um on o t e con e ion o a iou ene y 50.00 3,078.39 o m to tanda d coal e ui alent Cumula e lobal n talla on tanda d coal educ on e Com any t ictly abide by t e la e ulation and bu ine t a el it one call o ideo con e ence tanda d elated to en i onment otection continuou ly e ma t mic o id and inte ati e clean o e e ui - 3 10,235.7010k tons 5,593.28 10k m im o e t e en i onment mana ement y tem ment uc a and oto oltaic at t e o ce at Bei in Ca bon dio ide educ on e o e ta on and identi ie and e aluate a iou en i onmental acto cience and ec nolo y Pa P a e can o ide o t t ac ma o indicato o ene y and e ou ce u a e t e a total elect icity demand o eo e t e a a in oint a ea o i ene y con um tion and in ect in talled t e ano un e a e t eatment y tem t at i able a actitione and ad ocate o een e t nited ation Climate C an e o e ation and maintenance o e ui ment ou on ite to oce ton o d in able o eclaimed ate e day ene y t e Com any u o t acti itie Con e ence a eld in ato ice Poland mea u ement and collec on o ecommenda on t e Com- e a a a ate ecyclin y tem t at collect ain ate 45 li e t e Bei in a at on a a ne ene y in ecembe e e en n t e Com- any e lo e oten al o o tuni e to a e e ou ce and through a sunken greenfield and a sunken plaza and also Successfully registered Clean sponsor, encourages the public to pur- any old ind ub idia y ian un e to im o e e ou ce u a e e ciency unc on a i i a on and eclaimed ate ecyclin e elo ment ec ani m C o ect chase renewable energy through green ne y a in ited to attend t e C ina n manu actu in oce e t e Com any io i e t e u e e Com any o ce buildin t at i located in ide t e a o e ce ficate and omote t e u e Pa ilion a in it ac cal e e ience o o matu e lo ene y and e ou ce con um on tec nolo y a ea t e ma t ne y Buildin utili e a iou een of renewable energy. It has joined renew- tac lin climate c an e t ou a one to and e ui ment t con nuou ly o mi e ocedu e t yin building technologies to help realize green planning, energy able ene y o ani ation o initiati e low-carbon green solution, calling on the to minimi e t e me o e ui ment unnin o load n te m a in en i onmental iendline in addition to com o t lobal community to o to a d t e oal o outine o ice o it u e ene y a in li t encou - o uc a t e C ine e to ono it and e ciency t ou cien fic de i n 50 o n emi ion educ on commitment o ee in lobal a e a e tem e atu e i e a e em loyee to u e double ided a e in in n o a Com leted e ifica on eco d- it in C om e indu t ial le el to a e elect icity and ate and o te t e e lacement o ed C ina Ce ti ied mi ion educ on CC o ect
Integrated use of solar, a e o eot e mal eat tabli ment o a i ual ene y man- a e o tem e atu e o 25 natural gas, wind and um y tem to e c an e eat a ement y tem o o ce elect icity and and umidity cont ol eco ded C ina Ce ti ied other clean energy to within soil and building in order t e buildin o a ma t li n y tem to y tem to cont ol indoo mi ion eduction CC meet a t o elect icity to meet coolin and eatin ma imi e t e u e o natu al li t ou ce tem e atu e and umid- projects old ind a been named Climate eade demand demand and e tend t e li e o li n e ui ment ity and reduce energy Plant by t e ne y ounda on con um on
40 41 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
e Com any t ictly abide by t e a t at a te di o al com lie it t e e - Waste Discharge Control Emission of the Peo le e ublic o C ina on P e- ulation di e ent a te eduction met - ention and Cont ol o n i onmental ods and approaches are constantly sought e Com any ene ate elati ely le a te i e mana ement and cont ol o e ation uc Pollution by Solid Waste and other rele- to educe t e im act o t e Com any and Waste in manu actu in oce e mainly com- a ocu ement u a e to a e cu tody and ant e ula on to educe a te and em- o e a on on t e en i onment i in a mall amount o a a dou a te and t eatment o a a dou c emical educin a i e on com liance o a te di o al n t e Com any ta ted en i on- Management ome ene al olid a te oduced du in t ei a m ul ollu on to t e en i onment n processes. ment in o ma on di clo u e in acco dance t e a embly oce a ell a ome a ilot t ial ca e in t e Com any efined with the n anua y t e n i onment P o- ea u e o t e i clo u e o con t uc on a te ene ated du in t e con- the production process by using bolts with tec on a a o t e Peo le e ublic o n i onmental n o ma on by nte i e t uc on o ind a m o de ed inc coatin in lace o cold al a- China came into e ect a e a e le ied on and Public Institutions de o o e Com any o e ly andle all ty e o ni in o anti co o ion t eatment educin corporates according to the appendices, n i onment P otec on ini t y t e tab- a te in com liance it t e inci le o cat- t e ene ation o a a dou a te amid t e c edule o a tem and a mount o li ed t e old ind n i onmental n o - e o y di ided ecycle cent ali ed mana ement process. n i onmental P otection a and Sched- mation onito in Plat o m ubli in and com e en i e a e ment a ti ulated n e on e to t e o in o o e ind o - ule o a able Pollutant and ui alent en i onmental in o ma on indicato on a by the law. e bu ine t e Com any a e tabli ed t ict Values. The three pollutants plus noise daily ba i e monito in data i imul- mec ani m o ob olete mate ial and dome - ene ated by t e Com any in manu ac- taneou ly elea ed on t e n i onmental o ene al olid a te t e Com any ta e tic a ba e ecyclin to en u e t at all mate- tu in and o e ation oce e a e ta ed n o ma on i clo u e Pla o m o Bei in t e a oac o cent ali ed mana ement and rials can be sorted, recycled and brought back acco din to t e e ui ement t ictly nte i e and Public n tu on and i recycling. It entrusts a third-party to conduct onshore for further processing. It uses con- ulfillin it ta obli a on ile en u in ub ect to ublic u e i ion recycling and disposal. For hazardous wastes, it undertakes storage and disposal in accor- tainers to replace ordinary packaging in storing dance with the tanda d o Pollu on Cont ol lin t at a e u ed in ma i me t an o ta on on a a dou a te to a e B and and oi tin ma in t em con enient o Emissions of Primary Wastes of the Company the dmini t ati e ea u e o a a dou eu e t de i n oil to a e de ice o e ui - a te an e ani e t de o o tate ment a t e e oil lea a e may occu and Category Waste P ima y ou ce n i onmental P otection dmini t ation monito a t it i lea a e i to a oid a a dou a te anic a te ton Factory workshops e Com any o mulate t e ana ement the leakage of hydraulic oil or diesel, which y tem o a a dou C emical to standard- may contaminate t e ma ine en i onment General solid wastes Con t uc on a te om ind a m ton ind a m
a a dou a te include cate o y ty e o anic ol ent t at a e ene ated du in oduc on e aint and cate o y Ambient Noise Control ty e o anic e in e olidifie ad e i e i e ent le el o noi e ill be ene ated bines sound absorption and insulation tech- Greenhouse Gas Emissions of the Company du in t e oce e o oduc on in tal- ni ue uc a in tallin onic anel in o - lation o e ation a ell a ate t eatment shops, enclosing the plant to constrain noise e all emi ion ton o C mi ion co e Type of energy e Com any t ictly abide by t e Law of the ollu on it in t e buildin du in o e a on Peo le e ublic o C ina on t e P e ention o noi e ene ated om in talla on it a oid co e Gasoline, diesel, LPG, natural gas and Cont ol o mbient oi e Pollution, the ni ttime con t uction o noi e ene ated mi ion tanda d o ndu t ial nte i e om t e o e a on o t e t e Com any co e lect icity oi e at Bounda y B t e mi ion selects appropriate positions, sets buffer dis- Total tanda d o n i onment oi e o Bounda y tance and ado t noi e educ on tec nolo y e e to mi ion ccoun n et od e o n uidance o ac ine y ui ment anu actu e o calcula on o een ou e o Con t uc on ite B and ot e le al acco din to di e ent c a acte i c en- a emi ion mi ion om u c a ed elect icity o o e a on o o e ea o ce a e not included tanda d to miti ate noi e ollution t com- u in t at noi e emi ion tanda d a e met
Density of Waste Generation and Greenhouse Gas Emissions of the Company mi ion den ity Indicator a a dou a te ene ated e o manu actu ed ton Con t uc on a te ene ated e o in talled ton
C emi ion e B e enue ton B
42 43 e ea c e elo ment n i onment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. u tainability e o t Co o ate o e nance P oduct and e ice m loyee Community and Public Benefit
e a onal n i onment P otec on ini t y and t e a onal e elo ment and e- e Com any inte ate t e en i onmentally iendly con- n addition to com lyin it national and local ule and Ecological o m Commi ion C ointly ubli ed t e ec nical uideline o t e elinea on ce t o li in in a mony it natu e into it de elo - e ula on it eci ely ulated t e ene al e ui ement o ed ine o colo ical P otec on in ay e ui in o ince to com lete t e ment manu actu in a ell a t e con t uc on oce o o en i onmental otection a ell a ettin out eci ic Environmental lannin o o incial ecolo ical e ion by t e end o and to e t ain t e de el- ind a m t a com iled t e ana ement y tem o n- c ite ia o de i n con t uction ocu ement and ate o ment o o ect it in t e de i nated a ea n t e one and t e Com any ee a i onmental P otec on and ate and oil Con e a on and con e a on du in manu actu in and ind a m con- Protection clo e eye on t e lannin and de elo ment o a iou o incial ecolo ical e ion on ana ement and Cont ol lo o n i onmental P otec on t uc on t in ointed t at t e con t uc on o ind a m t e ot e and it u t e im o e mi a on mea u e and olu on to tac le acto and ate and oil Con e ation in order to regulate wind mu t meet ou c ite ia e ou ce a in en i onmentally t at a e iden fied to cau e en i onmental im act a m de elo ment and o e a on and otect t e ecolo y n iendly lo ca bon and ealt y to a oid o educe t e im- t e Com any com iled tanda d o een ind a m act on t e en i onment
Environmentally friendly Healthy e e to e timatin t e een- Vegetation excavation Bird protection Light-shadow flickers Landscape ou e emi ion lu emi ion e e to ate a in com- e e to en i onmental o- reductions for the whole life e e to y ical and mental e elo la e ca acity etect bi d acti itie Calculates shadow ranges Considers surrounding land- act land u e a mate i- tection and soil and water cycle o t e ind a m t en ealt o it em loyee model t e eby e- t ou t e com e en i e according to local solar el- scape features and takes al a in and ene y a in con e a on neut ali in any uc emi ion ducing land use a lication o tec ni ue e a on and t e len t lu initiati e to con ult local to ac ie e e o ca bon o mulate eciali ed uc a ideo analy i t e - height of the blades, then communi e om t e ea ly t an o ta on lan and de- mal ima in ound ada a end te tin de ice stages of WTG locating and Resource-saving Low-carbon loy e ui ment om acto- etc and t en e el t em to minimi e t e im act o planning and integrates lo- ie clo e to t e in talla on a ay om t e o e at- light-shadow flickers by ro- cal industry strategies in the ite u e di ital tec nolo y ing areas with bird-repelling ta n eed cont ol and an con t uction o ind a m o eci e en inee in technology such as ultrason- mana ement to en u e t e im act on t e de i n o timal oute to ic i o e di ital oice land ca e i minimi ed reduce transport distance i o ou a la e o oc Cu tomi e and aint t e Biodiversity Protection and e eta on e ca a on a e to ma e t e indu t y cti ely o a eed a moniou it t e cultu - e Com any ocu e on t e otec on o ildli e and t ei e Com any a int oduced a li t monito in y tem in sugar cane or other crops al and natu al en i onment abitat com ilin t e ea u e o u tainable ana e- t e Ca le ill ind a m P o ect in u t alia ou obe a te e ca ation to e to e ment o Biolo ical and atu al e ou ce e mea u e di t ibuted t ou out t e a ea t e y tem can monito in e eta on co e a e e ulate on t e di i ion o labo oce e and e ui ement eal me t e oute o all bi d yin in ide t e a m en elated to biodi e ity con e a on du in t e de elo ment a bi d i edicted to be a ected by a t e y tem auto- con t uc on and o e a on o ind a m o ect to educe ma cally i ue an eme ency command to alt t e and t e im act o t e o ect on biodi e ity a oid a m to t e bi d
44 45 e Com any i commi ed to o idin em loyee it a ealt y a e and umane o en i onment c e- a n a di e e and ela ed atmo e e t o ide o o tuni e and la o m o em loyee to lea n and 05 Employees de elo and el t em eali e e onel alue ile omo n t e Com any comme cial ucce
United Nations Sustainable Development Goals Supported
old ind ad ocate and t i e to en u e t at emale em loyee a e e ual o o tuni e to a ci- ate in ca ee ec uitment i in t ainin and de elo ment a e ua din t ei i t P48
old ind ad e e to a eo le fi t ilo o y il t c ea n em loyment o o tuni e o it em loyee it o ide t em it de i able o in and li in condition ca e about t ei ba ic need and a e no e o t in i in t em ull benefit and ecu ity P55 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
Fair and Standard Employment
The Company strictly abides by the Labor Law of the People's Republic of China and Labor Contract Law of the People's Republic of China, following international conventions approved by the Chinese government and other relevant local laws, regulations and systems. It implements an equal and non-discriminate employment policy, treating employees of different races, colors, na- tionalities, genders, ages, religious beliefs and cultural backgrounds fairly and properly, and strictly prohibiting and discouraging any form of child or forced labor. The Company has formulated the Recruitment Management System to regulate the recruit- ment process, guaranteeing that staff employment is conducted in compliance with laws and regulations. During the overseas recruitment of local personnel, the Company actively seeks to understand the labor laws of various countries in addition to in- ternational practices, formulating operating mechanisms such as Equalthe Employment System and Local Recruitment Process Guidance to improve the compliance of talent recruitment and management. By the end of 2018, the Company has a total of 8,753 employees, including 1,723 women, 478 ethnic minorities and 30 employ- ees with disabilities.
218 632 3% 7% 1,723 815 2,807 1,988 860 20% 9% 32% 23% 10%
Employee diversity helps to enhance the Company’s creativity and innovativeness, enriching Diversity of its culture. The Company actively recruits a wide range of talent, seeks to build a versatile and diversified team, and respects variations in staff personalities, abilities and grown-up- ex 7,030 4,913 2,141 3,132 Employees periences. It cherishes people with different backgrounds, talents, insights, experiences and 80% 56% 24% 36% skills, and strives to create an open and inclusive environment that allows every employee to Number of male employees Aged 29 or below Aged 40-49 Production staff Customer service staff freely exert his or her full potential and to integrate him or herself into the Company. Number of female employees Aged 30-39 Aged 50 or above Sales staff Administrative staff The Company has specifically compiled theForeign Personnel Management System to stip- Technical staff ulate its management principles. It respects the differences in culture and customs of coun- tries, and implements differentiated management procedures for foreign staff where neces- 76 0.9% 62 169 sary. In order to promote the integration of employees from different cultural backgrounds, 143 1.6% 1% 1.9% 28 in July 2018, the Company invited overseas managers and some local executives to partici- 61 2,506 1,797 395 4.5% 0.3% pate in a cultural exchange program in Xinjiang. Under the theme “The Past, the Present and 1% 29% 20% 75 0.9% the Future”, they visited the Dabancheng Wind Farm, the Xinjiang Wind Energy Company and the past workshop where the first generation of localized WTGs were developed and produced. The visit deepened their understanding of the Company’s culture and promoted exchange and mutual communication of staff from different cultural backgrounds.
7,867 4,450 8,630 89.9% 51% 98% Postgraduate or above Contractual staff China South America Undergraduate Dispatched labor Other Asian countries Oceania College or below Staff by labor agreement Europe Africa North America
Wages
The Company has established a reasonable and encouraging salary system according to the laws and regulations of China, as well as those of other countries or regions in which it operates. It regularly adjusts salaries according to market conditions to justify salary competitiveness. It pays the wages of its employees on schedule, and fully pays five social insurances and one housing fund to protect their legitimate rights. The subsidiaries under Goldwind that operate in various industries and regions have established different incentive mechanisms in accordance with the specific conditions of their businesses and local practices.
48 49 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
old ind e a d ta de elo ment a a c ucial ounda on o u tainable de elo ment Major Internal Training Programs of the Company Training and ou o idin em loyee it u cient t ainin t e Com any el t em ac ie e e onal o t t al o cul ate a o en i onment o o enne and ai com e on Training Targets P o am ame Training Contents ainin b ec e o o Pa ci ant Development acilita n ca ee de elo ment c annel o it em loyee no led e and ill Widen the horizon and iddle mana ement according to the needs in i t o middle and o di e ent mana ement lo e mana ement Employee Training o e mana ement Leadership training le el uc a co o ate ta en ance t ei e mana ement culture, self-awareness, o e all mana ement it t e oal o u o n t ate y m lementa on C ea n e ice alue el in team mana ement etc and leade i abili e m loyee o and Buildin a no led e a in Plat o m t e Com any a e tab- ainin ecifically li ed it el a a lea nin o ani a on t le e a e on t e e ou ce o old ind ni e ity i ital t ate ic lannin designed for digital and it o n t ainin and educa on y tem to o ide di e ified o am o a iou le el cloud com u n di ital i ital e onnel t ainin e onnel ic aim i ital e onnel a lica on ene y nte - and o mat to it em loyee t e eby mula n o i e inte ac on bet een t e de el- project to con e e no led e net di ital ind a m data o ment o t e ta and t e Com any and im lement di itali- pool etc. n t e Com any con nued to inc ea e t ainin in e tment t en anced t e t ainin a on o y tem om i e a ect cu iculum in t ucto lat o m o mat and a d a e in an n ance ind o e ind a m de elo ment o ani ed a oac and o ided em loyee it com e en i e lea nin o o tuni e no led e o e te nal trends and policies, wind t ou a mi tu e o inte nal e te nal online o ine t ainin o am de elo e and t ei Training courses for a m o ect de elo ment te nal de elo e understanding about t e mana ement body o ta t ainin and by ta in into con ide a on bu ine lan- e te nal de elo e wind resources & solu- old ind omo n on ind o e in e t- nin t ate ie and t e need o em loyee de elo ment old ind ni e ity ea nin and t ei collabo a on it ment co t e elo ment Cente o mulate t e lan tanda d and y tem o t ainin t de elo Goldwind lea nin o am ic e en ally co e t e ou a ea t ate ic im lementa on t ate- ic talent nu tu e ey o i on e onnel t ainin and ene al ca acity buildin nde t e n ite t ainin and Climbin i al tude acc edita on ecifi- uidance and u o t o old ind ni e ity eac bu ine unit o unc onal de a tment i al tude o e a on i al tude o e a on escape, ladder rescue, cally de i ned o ta projects o t e ub idia ie i e on ible o a iou o e ional t ainin and ta de elo ment eme ency e cue en a in in i al - lan o idin mo e detailed and ecific lea nin o o tuni e tude o e a on
Corporate culture, el ne em loyee Training Resource System of the Company com any int oduc on integrate into the Agency-recruited indu t y de elo ment Com any a oon o med a cu iculum o leade i o e ional and uni e ality it as possible through em loyee e em loyee int oduc- manu actu ed oduct idea om e ecu e o e ional e e ience inde endently de elo ed concentrated learning, on t ainin mate ial by old ind uni e ity a ell a t e int oduc on o co y i t- School-recruited a ety oduc on t ema c ac cal Curriculum ed mate ial em loyee uality mana ement tasks, coaching, front- work skills and general line ac cum and ot - skills etc. er training approaches u tu ed in ou e in t ucto t ou out t e yea and i ed e - te nal lectu e om ot e o e ional in tute to teac em loyee Instructor Employee Development tabli ed an online lea nin la o m uc a t e ainin oom and Cloud ectu e all it a total o online cou e a ailable e Com any lace t on em a i on t e ca ee de elo - e uence o i ontal ub e uence and e cal le - Platform ment o it em loyee t i in to o ide oom o t em to el it eac o i on ut into a ce tain e uence and le el ac ie e t ei alue e Com any a com iled t e Career to o m to et e a o i on ma t e Com any e tabli e a P o ided a iou lea nin o mat includin lectu e o e ecu e out- e elo ment ana ement y tem and e tabli ed a ne a iety o ca ee de elo ment at o em loyee sourced training, outreach training, job rotation, distance learning, on- o i ontal o e tical ca ee de elo ment y tem o t e ob coac in ac cal t ainin i it emina and o o etc n t e Com any e tabli ed a alent e elo ment Format it em loyee ne o i ontal e e to t e t ee di e ent Commi ee it t e Com any C ai man e in a t e com- a oac e o econdment ob otation and t an e e old ind uni e ity a t ainin oom con e ence emina oom mittee di ecto and t e C ie Pe onnel ice e in a and mul u o e all ca able o imultaneou t ainin o con e enc- Com any im lement inte nal ec uitment o o ition t e ead o t e daily o e a on team t e commi ee elect in o o e eo le t cla oom a e e ui ed it eco din com ile a talent in ento y e e y yea and conduct ob o- nurtures and transfers talents across organizational bound- and o t eco din e ui ment meetin t e need o el made o- ta on o t an e in t e ool o talent o e cal e e a ie layin t e ound o mo e o en and e ible talent de- am com act cou e inte ie t lib a y a a collec on o Hardware to t e t o ca ee at o en to em loyee mana ement elo ment to in i e c ea ity and itality o t e ta a ell olume co e in a a iety o ub ect om mana ement ocial cience and tec nical eciali a on By t e end o t e Com a- to technology and so on. as other professionals. ny a e tabli ed a o i on y tem com i in o i ontal
50 51 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
e Com any t ictly abide by and im lement ule and e ula on uc a t e Work Occupational Health and Safety Health and a ety a and ccu a onal i ea e Cont ol ct o t e Peo le e ublic o C ina. It con- nue to im o e t e occu a onal ealt and a ety tanda d o o in condi on o old ind a a ed t e ccu ational ealt and a ety lementa on tanda d and oce e by con ide in i em loyee Safety ana ement y tem ce ti ication o t e ole Com a- i acti itie t at a e eci ic to o e ea bu ine o e a- ny t o ide em loyee it labo otection e ui ment on n t e ca e o em loyee t a el it a a tne ed it Production Safety ic a e in line it t e na onal and indu t ial tanda d nte na onal to o ide em loyee it com e en i e de elo o i on mat ice o occu a onal i and in o m ecu ity lan o t a el a ety mental ealt y ical ealt in t e oduc on a ety mana ement y tem a t e co e ecu ity a a ene o em loyee and en ancin oduc on em loyee o occu a onal a a d t ei con e uence co - and medical u o t t e Com any im o e e i n a ety mec ani m t en t - a ety t ou o t ame i ual mana ement ecu ity e ondin e en on mea u e and andlin a oac e t ince t e Com any a ca ied out em loyee ealt en t e e on ibili e and a a ene o oduc on a ety e e ience and amily ac i e n t e Com any did al o conduct e iodic occu a onal ealt c ec e y yea mana ement o t ee con ecuti e yea ou coo - and e ulate em loyee be a io not eco d any occu ation elated ca ualtie ccu ational t i d a ty a encie a e in ited to conduct e ula te t on erating with the Institute of Sports Science of the General n t e Com any ocu ed on t e e tabli ment o a ety in u ie cau ed a total o day o o in day lo any occu a onal a a d and to a e t e i tatu dmini t a on o o t o C ina it collect em loyee ealt tanda d and com iled t e m lementation ea u e o e Com any a e tabli ed a ety uali ication t ainin n t e Com any o mulated t e n i onmental ccu- data u in mode n medical and in o ma on tec nolo y a - tanda di a on o P oduc on a ety By ula n t e di i- and te t cente in t e cate o y o i al tude o e a on in a onal ealt and a ety n u ance ec ani m and Com- lica on t e eby t ac in and e alua n t e ealt tatu ion o e on ibilitie o e ui ement uality cont ol t e a ea o e ui ment in talla on maintenance and o e a- e en i e me ency Plan o ccu ational ealt and o em loyee om bot y iolo ical and yc olo ical mana ement atin tanda d e a d and uni ment on t conduct eciali ed cou e uc a t ee e a ety Safety Accidents, clarifying the standard insurance charges, e ecti e en by e ea c and analy i t e in titute it continuou ly im o ed t e Com any tanda di ation education a ety t ainin o eci ic o ect eme ency t ei co e o a lication and u a e eme ency mana e- e c ibe e e ci e and dieta y o mulae in o de to en ance o o e all oduction a ety t u aded t e eme ency lan and on ite olu on mana ement ue to t e a id de- ment and e on e ocedu e andlin e on ibili e and t ei y ical fitne a ell a to maintain t ei y iolo ical e on e y tem and e tabli ed a t ee tie eme en- elo ment o o o e ind o e in addi on to de elo in o on u t e im o in t e occu a onal ealt and a ety and mental ealt cy mana ement ame o t at co e ed t e Com any o o e a ety ac a e du in t e ta e o de i n t e y tem o t e Com any e Com any a ecifically com- ead ua te it bu ine unit ub idia ie a ell a t e Com any a in ited e te nal a ety con ultin a encie to piled the ccu a onal ealt and a ety and n i onmental c ie a embly lant ti ulatin t e ty e uantitie and collec ely build a a ety mana ement la o m o o o e ana ement anual o o e ea bu ine e cla i yin im- cate o ie o t e eme ency lan t al o con nued to o a- projects. ni e cultu al ac i e o oduc on a ety t t en t ened Pictu e o em loyee ealt c ec
Establishment of Goldwind Offshore Wind Power Training Center
t e o o e ind o e bu ine a o n t e Com any a adually e tabli ed an ancilla y ma i me a ety mana e- ment y tem ea ly a t e Com any o o e mul unc onal to e te n la o m added ancilla y e ui ment uc a inte nal e te nal ladde and e cue la o m t a met t e e ui ement o a ety t ainin o am includin be t in imula on all a e te en ine oom eme ency e ca e i al tude ab eilin o o e la o m fi e e en on etc n t e Com any added an o o e u i al t ainin la o m t at ulfilled t e B tanda d e la o m can imulate eci - ic t ainin cena io uc a t unde li tnin ain o and to m and can e o m i doc in loadin and t an e di in e ca e boat o e a on elico te e cue and o on en ancin em loyee ca ability in el and mutual e cue du in o o e o e a on accident i la o m a obtained inte na onal acc edita on By t e end o it ad o ided mo e t an t ainin o cu tome u lie o e a on and maintenance com anie and c ool
ome ealt c ec acility
52 53 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
The Company adheres to its “People-First” philosophy. It actively carries out a variety of Work-Life Balance Employee cultural and sports activities in order to build work-life balance for employees, help them improve their work environment and quality of life, and enhance their happiness and Care sense of belonging. The Company provides fitness facilities, venues and instructors to create opportunities and facilities for its employees to devel- op interests, cultivate hobbies and learn new skills. It regularly organizes a variety of cultural and sports activities to encourage them to work efficiently while living a happy life. Communication and Exchange
It has always been the goal of Goldwind to provide an open working atmosphere for its employees, allowing them to become acquainted with the business and participate in it. The Company places a strong emphasis on the communication between its leaders and employees. It creates different conditions and opportunities for communication according to different subjects and purposes, and establishes a platform for the exchange of employ- ee information through various forms of communication and sharing activities. Multi-purpose Sports Centers The Company possesses several sports centers for football, basketball, badminton, tennis, swimming, rock climbing, table ten- Subjects, Formats and Contents of Employee Communication nis, gymnasiums and so on, allowing employees to enjoy their sporting hobbies.
Dimension Subject Format Content
Middle and senior Business management and Democratic day, management conference management strategic planning Corporate culture Executives and Assembly meeting, onsite visit by management, WeChat platform, management mailbox, senior management Issues concerning the develop- employees ment of the Company and that Different levels meeting, general manager coffee time, survey of the employees themselves Latest company development OA forum, internal newsletter, monthly employee birth- Among employees Various internal company in- day party, sports gala, home Friday, self-service portal Clubs with Professional Instructors Employee Family Open Day Establishment of the Goldwind Choir formation The Company has more than 10 sports In 2018, a total of 270 families and more In 2017, some 30 amateurs from the Com- Foreign employees Cultural exchange Corporate culture clubs including badminton, basketball, than 900 people participated in the Family pany were selected to form the Choir. In Business progress of the Com- football, tennis, table tennis, yoga, swim- Open Day, letting family members of the 2018, the choir represented the Company Different Regular divisional meeting, business operation meeting, pany and various departments ming and shuttlecock. It also employs employees know more about the work and won the championship of the choir Among departments technology seminar, experience exchange, production retired national athletes and professional environment and duties of their relatives, competition “Singing for a New Era, Em- departments communication conference Cutting-edge knowledge and techniques instructors to conduct professional coach- allowing them to feel the cultural charac- bracing the New Future” which was hosted ing, guiding the employees to exercise and teristics and care of the Company. by Beijing Yizhuang Economic and Techno- Updated company develop- train in a scientific manner. logical Development Zone. Different Among various OA forum, internal newsletter, WeChat platform, inter-re- ment regions regional companies gional video conference, survey, staff zone poster Various internal company in- formation Employee Welfare
The operational department establishes a mechanism to collect feedback on issues and The Company continues to improve the welfare mechanisms, tending and responding to the differentiated needs of its employ- ees. It provides them with a variety of benefits ranging from catering, health, travel to accommodation. % trace the implementation progress. As one of the managed projects, the Company regular- 96 ly traces the key problems identified in employee communication, and monitors the prog- Employee engagement survey ress of meeting employee expectations and demands. List of Employee Welfare participation rate The Company conducts a survey on employee engagement for all the staff every year. It Offers rich breakfast and free, nutritious lunch Provides medical fund in addition to the five social also continuously improves measurement indicators and sample requirements, systemat- insurances and housing fund Provides staff accommodation, public housing, etc. ically evaluating their level of satisfaction. In 2018, the Company collaborated with Gallup Provides 5 days of paid vacation per year in addi- Provides breastfeeding rooms for female employees to identify 7 dimensions - key factors in affecting employee satisfaction and enthusiasm tion to statutory holidays – which were basic needs, management support, teamwork, career development, salary Offers free medical examination Arranges onsite project employees’ family mem- incentive, performance evaluation and corporate culture. The participation rate of the Offers a variety of benefits such as festival, labor union, birthday, bers to visit them survey was 96%. The Company will incorporate the results of this annual survey in its new marriage and child-bearing benefits year work plan and develop specific measures to improve. Provides employee shuttle buses and business vehicles for special care
54 55 en coo e atin it it u lie old ind a al ay ad e ed to i mo al tanda d and bu ine et ic t conduct ai o e a on u o t t e de elo ment o u lie ile a e ua din t ei le i mate Supply Chain i t and ac ely a ume t e e on ibili e o a leadin com any in t e ind o e indu t y t en u e t e u tainable and ealt y de elo ment o t e ind o e indu t y u ly c ain by d i in u lie to ulfill 06 t ei ocial e on ibili e t ou t ei o n in uence
United Nations Sustainable Development Goals Supported old ind inco o ate u tainability conce t into ocu ement oce e t io iti e t e o- cu ement o en i onmentally iendly oduct and e ice encou a e e on ible u lie im- lement een u ly c ain o ect and uide u lie to a e ene y educe emi ion and u e renewable energy, thereby building a sustainable wind power industry chain. P60 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
Responsible Procurement
e Com any ad e e to t e conce t o t an a ency and n t e Com any et u t e u ly C ain Collabo a on t e Com any conce n it el it t e com liance and u - e Com any include ocial e on ibility e ui ement ule com liance alon it t e inci le o ai ne u t CC lat o m u lie can acce t e lat o m t ou tainability e o mance o t e u ly c ain it inte ate t e o t e u lie in it cont act t e ue t t at t e manu- and o enne in it ocu ement t a o mulated t e in itation o el e i t ation to o m an online u lie e- conce t o ocial e on ibility into it u lie mana ement actu in ac i e oduct and e ice o u lie mu t uideline o Com any P ocu ement ana ement, clari- ou ce ool e lat o m a unction o online biddin oce By e ui in u lie to com ly it any a licable com ly it t e na onal en i onment occu a onal ealt yin t e e on ibilitie o a iou de a tment includin in ui y and uotation e y tem cont ol tende in and e ulation and con entional code o conduct it encou a - and a ety e ulation and mu t meet ele ant tanda d ocu ement ecto o demand tec nolo y audit and le al bidding processes to ensure the openness and transparency e t em to ul ill t ei ocial e on ibilitie and e ecti ely e ui ement e Com any al o e ue t t em to de elo a ai and o on ula n u lie mana ement and o- o ocu ement ec nical audi n and le al e onnel can monito any uc i o t e c ain n t e Com any a e and en i onmentally iendly oduct and e ice and cu ement a oac e t e eby educin ocu ement i a e data t ou t e lat o m and ob ecti ely e aluate issued the Code of Conduct for Suppliers, inco o a n ocial to im lement e ec e mea u e to cont ol t ei a ociated and im o in mana ement e iciency e ome a e o u lie t e eby i ni icantly im o in t e e iciency o e on ibili e uc a en i onmental otec on ene y con- en i onmental o occu a onal ealt i du in t an o - t e Com any u ly c ain e comme ce o tal ublici e bu ine ac i e bet een t e Com any and it u lie e a on emi ion educ on labo i t ealt and a ety ta on in talla on and o e a on olicy document uc a t e un ine P ocu ement Pled e, bu ine et ic etc into t e content o u lie com liance the Com any P ocu ement ana ement Policy aluation y tem o ualified u lie o t e ind u bine to ensure u lie obtain ocu ement in o mation ic el t e B billion Com any to c utini e and omote com liance mana e- 9.749 ment o t e ocu ement oce P ocu ement om to u lie
Global Distribution of Goldwind's Suppliers in 2016-2018 2016 7 e abo e mentioned data co e doe not in- clude ot e bu ine e ce t manu actu in 2016 68 2017 7
2017 70 2018 7
2018 70
Europe Other countries in Asia 2016 219
2016 20 2017 221
2017 20 2018 237
2018 20
North America
58 59 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
As a research and manufacturing enterprise for wind power equipment, the energy used The Company established a green supply chain information management platform in 2018 Green Supply and wastes created in the production process by the Company are relatively small in com- to integrate multiple energy-saving and environmental systems such as smart energy man- parison to the impact that the entire wind power industry chain has on the environment. agement, sewage discharge, solid waste disposal, atmospheric monitoring, green material Chain As there is almost no pollution during the process of electricity generation by the WTG, management, etc.. By building a comprehensive environmental information management most of the resource consumption and emissions are concentrated in its upstream sup- platform, data among various systems were seamlessly connected. This facilitated data ply chain businesses. Since 2017, the Company has pioneered the notion “Green Supply collection, integration, analysis and utilization, significantly improving the environmental Chain” in the industry and put forward system solutions, assisting suppliers in improving performance of suppliers. their environmental performances and reducing environmental risks, sparing no effort in In 2018, in order to evaluate green development performancethe Company developed building a sustainable supply chain. differentiated evaluation criteria according to the specific industry of suppliers and for- After two years of systematic construction, the Company has established a green supply mulated the Goldwind Green Supplier Evaluation Code (Trial Version) in order to compre- chain project management team to train and promote the corresponding notion among hensively evaluate their performance in terms of quality, service, cost, resource use and its suppliers. It works together with the suppliers to improve their environmental perfor- environmental protection. With an overall annual energy consumption of more than 3 mance through actions, such as designing tailor-made energy-saving and environmental million tons of standard coal or its equivalent as the baseline, 30 suppliers were evaluated, solutions or assessing their environmental performance. As of 2018, 20% of the suppliers of which 6 green suppliers were selected and awarded with green certificates. had signed cooperation agreements to promote a green supply chain with the Company.
Establishes a green supply chain project management team and develops internal green pilot projects for demonstration A green pilot demonstration project has been developed at the Beijing office (Phase II) which has adopted ener- gy-saving technologies to transform its energy use. It employs techniques such as distributed photovoltaic, wind power and natural gas CCHP (combined cooling, heating and power) to increase the proportion of clean energy use. It also improves energy utilization by building an information platform for energy control and Key Performance Indi- cators (KPI) management.
Organizes relevant forums, training etc. to promote the green supply chain concept For two consecutive years, the Company has introduced green supply chain projects at supplier conferences, and has set up specific sections to promote knowledge of its management. The Company also regularly hosts green sup- ply chain forums, organizes specialized training of its management for suppliers, and communicates with them to jointly solve problems encountered during their green transformation.
Develops energy-saving, environmental technology and products, tailor-makes solutions for the suppliers The Company has built an energy efficiency management platform for suppliers and implements projects like ener- gy-saving measures, residual heat utilization, smart control and so on to increase the proportion of renewable ener- gy usage. The Company also offers suppliers contracted energy management services, ranging from project design, engineering construction, equipment installation and calibration to personnel training, etc.. The green supply chain project reduces environmental risks of the wind power industry, improves the overall environmental performance of the supply chain, promotes its green Establishes a green information management platform for the suppliers and introduces the “Greenness In- transformation, enhances its market competence and drives its steady and healthy de- dex” in their performance evaluation system velopment. The Company has received honors such as the “Demonstrative Enterprise of The Company has developed a green evaluation standard for its suppliers, measuring their environmental performance National Green Supply Chain Management” and the “Pilot Enterprise of National Green in the five aspects of energy utilization, resource usage, environment management, social recognition and economic Supply Chain Applications”. input. It has also developed differentiated evaluation criteria based on their industry characteristics, establishing com- plete mechanisms for their green accreditation, selection, auditing, performance management and exit. Amid the long-term and stable cooperation with its suppliers, the Company attends to Win-win their voices, encourages them to innovate and supports them at all levels, promoting tech- nological advances in the wind power industry together whilst sharing countless business Cooperation opportunities with them. Goldwind has many years of experience in building a wholly-excellent industrial chain. It has formed a strong partnership and synergy with its suppliers in terms of quality, cost, technology and coordination. In 2018, the Company continued to cooperate with its sup- plier, Systex, to demonstrate its advanced concepts and management experience in the wind power industry. By providing technical, informational, personal support and so on for them, it helped to systematically improve their management level. It trained 151 suppliers 151 throughout the year, with content ranging from German & Japanese lean management ap- Suppliers trained proaches, the APQP4Wind quality management system, salt and fog test training and NDT personnel upgrade training, etc. A total of 258 people participated in these sessions.
60 61 old ind mana e and a e ua d local natu al and ocial e ou ce in a u tainable manne du in it o e - a on n addi on it le e a e it bu ine t en t and e ou ce to im o e t e li eli ood o u oundin Community and communi e ma imi in t ei benefit in it o e a on and el in communi e de elo 07 Public Benefit
United Nations Sustainable Development Goals Supported old ind in i t on e e e t e e a e old ind eo le t e e a e old ind ocial e on ibili- e ene e t e Com any build a ind a m it donate teac in mate ial to local c ool and u o t oo local ou e old t lace em a i on el in t e de elo ment o out e n in ian e ion addin ca e and itality to t e a ea P65
old ind a been ca yin out t e c a itable o ect u tu in ind o C ina o many yea om dona n teac in mate ial to undin oo colle e tudent om educa on to t ainin u al teac e it a e no e o t in im o in t e uality and tanda d o u al educa on P66 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
The Company considers itself a part of the approaches, impact assessment methods To support the 17 Sustainable Development Goals of the United Nations, in addition to con- Maintaining community. It strictly abides by the laws and and response plans being formulated. In Supporting tributing to global sustainable development through its core business, the Company actively regulations of the regions and countries in addition, by compiling the Measures for supports the society through a wide range of actions. By conducting activities in areas such as Relationship which it operates, maintains good communi- Stakeholder Consultation and Participation Community poverty alleviation, education support, environmental protection, charity and public health, it cation with the community stakeholders, re- Management, and Measures for External ameliorates the community and promotes developments in education, infrastructure and pub- with the spects local cultures, and strives to integrate Communication and Complaint Mechanism Development lic health to benefit the community. In 2018, the Company donated RMB 7.05 million. into the local community. Management, it regulates communication, The Company has set up a dedicated volunteer team to motivate employees to use their ex- Community At the Company's headquarters in Beijing coordination and complaint handling with pertise in social services, providing crucial support for various charitable activities. In 2018, the and Xinjiang, the Company regularly invites residents, government agencies and other Company further regulated and enhanced the management capabilities of its volunteers. It stakeholders to visit the park and workshops stakeholders, improving communication effi- enhanced their fundamental knowledge and implementation abilities in social services through for further communication. During the ciency. training camp activities, promoting the spirit of volunteerism and creating a good atmosphere development and construction phases of Apart from complying with the national and for social services. the wind farms, workers talk to community local laws and regulations and respecting residents to identify developmental issues in the customs and culture of ethnic minorities, the surrounding areas that needed to be ad- the Company takes the initiative to meet the dressed urgently, and implement measures requirements of the Convention concerning or conduct activities in response to their the Protection of the World Cultural and reasonable demands. Overseas, the Com- Natural Heritage. It adopts internationally pany has set up a community relationship recognized cultural heritage reports, field re- manager position based on local conditions searches and record archives to identify and to coordinate and conducts activities of protect cultural heritages. community development. During the early stage of site selection of a For the development and construction of wind power project, the Company tries its domestic wind farms, the Company has best to avoid setting up projects in cultural compiled the Environment and Social Risk heritage reserves, leaving sufficient safety Assessment and Action Plan Management. buffers. It actively seeks to take avoidant or It has systematically identified 7 major preventive approaches instead of mitigation risks, namely labor and working conditions, or compensation measures. When it is in- Volunteer training in blind guides community health, safety and public se- evitable to avoid adverse effects after trying curity, land acquisition, involuntary migra- alternatives, any impact will be minimized, tion, ethnic minority and cultural heritage and compensations will be given in an ap- Alleviating Poverty in Communities management. There are risk identification propriate manner.
As a clean energy and energy-saving en- ing solutions and systematically planned vironmental enterprise originated from poverty alleviation. In 2018, the Company Xinjiang, the Company regards Xinjiang as donated and built a chicken cooperative at RMB 7.05 million the prime unit of assistance, sparing no Ying'airike Village, Shache County, Kashgar Charity donations effort in supporting the development of region of Xinjiang, supporting the local vil- poverty-stricken areas in the district over lagers to raise chickens and register trade- the years – especially that of the poorer marks. The farmers spent half a year to southern regions. produce 4 batches of 38,000 chickens and In 2018, the Company formulated the a net income of about RMB 350,000. The Measures for the Implementation of Social Company promoted the model to Wen- Welfare Management. Whilst visiting local wutakecun Village, Tumantale Township people, benefiting them and giving them of Makit County, investing and building a To integrate the WTG into the natural landscape, the Company created WTGs with patterns warmth, it has conducted a survey in con- chicken farm for the local community. It on their towers and blades, blending them with the natural landscape and human environ- junction with village officers of the Xinjiang also helped to build satellite factories and ment. During the construction process of the Niutouling Wind Farm Project in Tiandeng Economic and Information Commission rearing cooperatives for other villages. County, Chongzuo, Guangxi in December 2018, Goldwind's wholly-owned subsidiary, Tian- and the Development and Reform Com- The Company seeks to employ local im- run New Energy, consulted the local government and cultural scholars. Patterns with local mission on the current standard of living poverished residents in Xinjiang. It offered natural characteristics and folk customs such as bronze drums, Zhuang brocades, kapok, in Southern Xinjiang. By exploring the local employment to 6 underprivileged people dalang dances, etc. are painted on the WTG tower and blades to promote the Zhuang cul- peripheries of products and industries in throughout the year. ture, rendering a unique local landscape. the region, it has formulated correspond-
64 65 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
Supporting Education Environmental Protection
The Company focuses on supporting rural education and developing wind power innovative talents and technology. Through im- The Company seeks to leverage its experience in renewable energy and water treatment to proving education facilities, training rural teachers and supporting wind power technology events, it improves the conditions of promote clean energy utilization among communities. rural education, cares for future talent cultivation and promotes the development of innovative talents in the industry. In 2018, the Company invested RMB 1,313,600 for the construction of solar-electricity complementary energy supply projects, alongside pollution-free toilet renovation projects for the Yutian County of Hotan region and the Makati County of the Kashgar region in Xin- jiang. It introduced the use of new energy to poverty-stricken areas, hence improved the Donation of Educational Supporting Wind Power Materials Training Rural Teachers Technology Events local conditions of energy distribution and usage. It also improved farmers’ sanitary envi- ronment and reduced the spread of disease through toilet renovation projects. The Company donates educational It undertakes the “Wind for the Future” The Company has jointly held the materials and teaching facilities to rural rural teacher training charity project “Goldwind Cup - Smart Energy Inno- primary and secondary schools. Its con- for three consecutive years, inviting vation Challenge” with the Beijing tributions cover 16 provinces, including 27 rural teachers from the extremely Institute of Technology and Tsinghua Public Health Xinjiang, Jiangxi, Hebei, Henan, Gansu, poor villages among seven counties of University, encouraging and cultivating Qinghai, Guizhou, etc., benefiting more Xinjiang’s Hotan and Kashgar regions to college students to become thinkers The Company values and advocates a healthy work and living style, gradually promoting than 21,000 rural teachers and stu- visit the Company headquarters. They and actors for energy revolution. The dents. participated in professional teaching event built an exchange platform for the philosophy of “work efficiently, live happily” from its employees to other stakeholders It initiated the campaign "Caring for and training sessions provided by edu- innovative thinking and incubated new such as nearby communities. It also organizes internal club teaching resources and sport- Southern Xinjiang through Donation”, cational experts and teachers from Bei- ideas, technology and business projects ing venues to open them to public use. jing, visited the Xinjiang Museum, the that drive the revolution. organizing company employees and Since 2017, for two consecutive years the Company has supported the Beijing Marathon nearby schools to hold activities for ma- Goldwind Dabancheng Wind Farm and in the form of green power certificate sponsorship. It has formed a wind power team and terial donations. The campaign collect- the assembly factory to learn advanced ed 28,000 pieces of clothes, toys and teaching methods and expand their conducted various activities such as training camps, leisure and charity running. In 2018, horizons. + learning commodities, which were de- 21,000 apart from sponsoring the Guangzhou Marathon in the form of green power certificate livered to counties in Southern Xinjiang sponsorship, the Company also held the first wind power industry marathon at Dafeng such as Makati, Shache, Moyu, Yutian Rural teachers and students District of Yancheng, Jiangsu Province – the Wind Power Industry Invitational Marathon. and Pishan, benefiting nearly 20,000 benefited 3 Under the theme “green, environmentally friendly and healthy”, the event calls on all cit- students. Marathons participated izens to improve their physical fitness whilst at the same time, promulgating the concept and organized of being green and low-carbon. A total of 3,664 athletes from the wind power industry all over the country, plus other amateurs participated in the competition.
Goldwind Library donated by the Company
The 3rd “Wind for the Future” – Rural teacher training charity project
66 67 Research & Development Environment Supply Chain Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018 Corporate Governance Products and Services Employees Community and Public Benefit
Overseas Charitable Work
old ind ad e e to t e belie locali ation i t e ey to and ot e acilitie to o ide con enience o t ei t a el internationalization”. It learns and obeys local rules and and ec ea on e ula on e ect local cultu e and ac ce ac ely in- t e Com any bu ine e co e o e count ie in te ate it el into t e ociety u o t t e de elo ment o continent it c a ity oot int a al o ead o e ea c a itable o and benefit local e ident e Com any alon it it o e a on e ec n it c a itable ilo o y a e it accumulation o ind o e e e ti e to local o e e e t e e a e old ind eo le t e e a e old- communi e inc ea e t ei unde tandin o ind o e ind ocial e on ibili e it ele ant tec nolo ie a ell a ai in t ei en i onmen- tal a a ene t al o und t e con t uc on o oad la a
n C ica o t e Com any o ani ed m and m al in c allen e o em loyee and t ei amilie to u o t t e incoln oo
U.S.A.
n ailand em loyee lanted t ee to et e it local e ident in e a a on o t e ainy ea on
n Panama em loyee donated muc needed o t- in e ui ment to t e local ba eball team and olun- teered to teach the children baseball.
Thailand Panama
Ecuador
Chile n cuado t ou local c a ity oundation t e Com any em loyee donated tatione y and toy n u t alia t e Com any o ani ed em loyee to o ima y c ool tudent nea t e ind a m and n C ile t e Com any donated clot e and lea nin a ci ate in t e local t adi onal ay Australia u ed t ei a e me to teac t em ba ic C ine e commodi e to u oundin ima y c ool u o t- in local im o e i ed tudent
68 69 Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018
Prospect
It has always been Goldwind’s mission to "Preserve Blue Skies and White Clouds for the Future” through developing renewable energy. By promot- ing green development and deep energy transformation through industrial innovation, the Company strives to become a global leader in clean ener- gy, energy conservation and environmental protection. Looking ahead, opportunities and challenges coexist in 2019. The past 20 years of growing experience of Goldwind demonstrated that various challenges, in fact, brought to the Company new opportunities, which were the engines that drove its leapfrogging evolution. The Company will continue its pioneering spirit and further its competitiveness in the areas of technology strategies, product diversity, business models, etc. to start a new chapter of progress. Whilst grasping the present moment to develop, Goldwind sets its eyes for long-term planning. The Company pursues sustainable operation and long- term success, always sticking to the co-development of economic, social and environmental benefits. In addition, it always takes into account the interests of various stakeholders in the process of business growth, striving to achieve sustainable and prosperous development together with them. In the future, the Company will continue to improve its sustainable devel- opment management system and consolidate its foundation to form long- term mechanisms for its continuous advancement. By integrating the con- cept of sustainable development into its business strategies and culture, a responsible business model embedded with Goldwind features is born within, rendering the Company an international wind power enterprise that is respected and recognized by the society.
70 71 Xinjiang Goldwind Science & Technology Co., Ltd. u tainability e o t
Performance Indicators
Economic Performance Staff Structure Indicator Unit 2018 2017 2016 Indicator Unit 2018 2017 2016 otal a et alue million B otal numbe o em loyee Person e enue million B By ty e o em loyment et ncome ibutable to a e olde million B Cont actual ta Person a Payment million B i atc ed labo Person otal cumula e in talled ca acity GW ta by labo a eement Person Interns Person Research & Development By ende emale Person Indicator Unit 2018 2017 2016 ale Person umbe o e onnel Person By a e e onnel a o o on o total em loyee ed o belo Person in e tment million B ed Person in e tment a a e centa e o bu ine e enue ed Person otal dome c atent a lica on tem ed o abo e Person otal dome cally in ented atent a lica on tem By e ion otal dome c atent licen e tem China Person otal dome cally in ented atent licen e tem t e ian count ie Person 75 otal o e ea atent a lica on tem u o e Person otal o e ea atent licen e tem 77 o t me ica Person ome c tanda d e n a ci ated tem out me ica Person nte na onal tanda d e n a ci ated tem 7 ceania Person Africa Person Environmental Management By eciali a on P oduc on ta Person Indicator Unit 2018 2017 2016 ale ta Person Po e con um on t e mal million - ec nical ta Person Po e con um on ind ola million - Cu tome e ice ta Person a oline con um on kL - dmini t a e ta Person ie el con um on kL - By educa onal le el P con um on m - Po t aduate o abo e Person atu al a con um on m - nde aduate Person ate con um on ton - College or below Person e all ene y con um on e B e enue on o tanda d coal - B nte n a e not included in t e total ta numbe ood ac a in mate ial Ton - a a dou a te Ton - Equal Opportunities and Recruitment Compliance ene al olid a te con t uc on a te Ton - Indicator Unit 2018 2017 2016 C mi ion on o C - Labor contracts signing rate co e on o C - ocial in u ance co e a e e centa e co e on o C - emale mana ement ta Pe on - a a dou a te ene ated e o manu actu ed on - m loyee it di abili e Pe on - Con t uc on a te ene ated e o in talled on - t nic mino i e Pe on - C emi ion e B e enue on B - o ei n ta Pe on - nnual aid aca on e ca ita ay - ate con um on i not e ui ed in t e oce o oduc on and ate t eatment oce e do not con ume ate om t e natu e ate i mainly u ed in t e o ce and in du t u e ion and eenin du in t e oce o ind a m de elo ment and con t uc on a a dou a te include cate o y ty e o anic ol ent t at a e ene ated du in oduc on e aint and cate o y ty e o anic e in e olidifie ad e i e Con t uc on a te include con t uc on a te ene ated du in t e de elo ment and con t uc on o ind a m
72 73 Xinjiang Goldwind Science & Technology Co., Ltd. u tainability e o t
Staff Turnover Rate Occupational Health & Safety Indicator Unit 2018 2017 2016 Indicator Unit 2018 2017 2016 ta tu no e ate ccu a onal di ea e Person By ende a o a ety incident Person emale Ca ual e due to o accident Person ale o in day lo due to occu a onal in u ie ay By a e Safety training sessions Person - ed o belo By cate o y ed ecial o e a on ta Person - ed a ety mana ement ta Person - ed o abo e Frontline operators Person - By e ion e em loyee Person - China Persons in charge Person - t e ian count ie Bu ine ta Person - u o e o t me ica i include a ety t ainin e ion o ided o em loyee o a e in ol ed in t e o o dome c o o e a on maintenance o out me ica the WTGs. ceania Africa
ta u no e ate numbe o ta le e annum a e a e ta numbe e annum e ea a e a e ta numbe e annum mont ly ta numbe Supply Chain Management Indicator Unit 2018 2017 2016 umbe o ma o u lie Com any By e ion China Com any Staff Training t e ian count ie Com any 7 7 7 u o e Com any Indicator Unit 2018 2017 2016 o t me ica Com any Training hours per capita ou - By ta le el e e a e ualified u lie ic o ide a mate ial o e ice o t e includin e ui ment a t oduc on tool e ui ment enio mana ement ou - ac a in etc e ualifica on con i t o o e t in ent a e ment co e in bu ine o e a on tec nolo y uality e ice a ety etc iddle lo e mana ement ou - in acco dance it t e Com any document e elo ment ana ement ea u e o ui ment u lie unio ta ou - By ende emale ou - ale ou - a o o ta a in ecei ed t ainin - Community Charity By ta le el enio mana ement - Indicator Unit 2018 2017 2016 iddle lo e mana ement - otal c a ity dona on B unio ta - By ende emale - ale -
74 75 Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018
Index
Disclosures and KPIs Page Disclosures and KPIs Page
co e n i onmental B e elo ment and ainin
mi ion ene al i clo u e P e e centa e o em loyee t ained by ende and em loyee cate o y i e enio mana ement middle ene al i clo u e P B P mana ement e ty e o emi ion and e ec e emi ion data P B e a e a e t ainin ou com leted e em loyee by ende and em loyee cate o y P een ou e a emi ion in total in ton and den ity i a licable i e e unit o oduc on olume P e acility B abo tanda d otal a a dou a te oduced in ton and den ity i a licable i e e unit o oduc on olume e P ene al i clo u e P acility otal non a a dou a te oduced in ton and den ity i a licable i e e unit o oduc on olume B e c i on o mea u e to e ie em loyment ac ce to a oid c ild and o ced labo P P e acility P B e c i on o te ta en to eliminate uc ac ce en di co e ed P e c i on o mea u e to mi ate emi ion and accom li ment P e a n P inci le e c i on o di o al o a a dou and non a a dou a te and mea u e and accom li ment o P reducing their output. B u ly C ain ana ement e o e ou ce ene al i clo u e P ene al i clo u e P B umbe o u lie by eo a ical e ion P i ect and indi ect ene y con um on by ty e e elect icity a o oil in total in and den i- P ty i e e unit o oduc on olume e acility e c i on o ac ce elated to en a in u lie numbe o u lie e e t e ac ce a e bein B P ate con um on in total and den ity i e e unit o oduc on olume e acility P im lemented and met o d o t ei im lementa on and u e i ion
e c i on o ene y u e e ciency ini a e and accom li ment P P B P oduct e on ibility e c i on o et e t e e i any i ue in ac ui in a o iate ate ou ce and lan and accom li - P P ene al i clo u e P ment o im o in ate u a e e ciency otal ac a in mate ial u ed o fini ed oduct in ton and o o on o eac manu actu in unit i B Percentage of products sold or shipped subject to recalls for safety and health reasons. P P a licable B umbe o oduct and e ice elated com laint ecei ed and o t ey a e dealt it P e n i onment and atu al e ou ce B e c i on o ac ce elated to ob e in and otec n intellectual o e ty i t P ene al i clo u e P e c i on o i nificant im act o ac i e on t e en i onment and natu al e ou ce and t e ac on B e c i on o uality a u ance oce and ecall ocedu e P P ta en to mana e t em e c i on o con ume data otec on and i acy olicie and met od o t ei im lementa on and B P co e ociety u e i ion B n co u on m loyment and abo P inci le ene al i clo u e P B m loyment umbe o clo ed le al ca e e a din co u t ac ce b ou t a ain t t e i ue o it em loyee du in B P ene al i clo u e P t e e o n Pe iod and t e outcome o t e li a on e c i on o e en e mea u e and i tle blo in ocedu e and met od o t ei im lementa on B P B otal o o ce by ende em loyment ty e a e ou and eo a ical e ion P and u e i ion
B m loyee tu no e ate by ende a e ou and eo a ical e ion P Community
B ealt and a ety B Community n e tment
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B umbe and ate o o elated atali e P75 B ocu a ea o cont ibu on i e educa on en i onmental conce n labo need ealt cultu e o t P
B Lost working days due to work injury. P75 B e ou ce cont ibuted i e money o me to t e ocu a ea P e c i on o occu a onal ealt and a ety mea u e ado ted and met od o t ei im lementa on and B P u e i ion
76 77 Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018
Independent Assurance Statement
To the Board of Directors of Xinjiang Goldwind Science & ity Report agreed upon and selected between Goldwind and provided was complete and accurate. Specified Performance Indicators Technology Co., Ltd.: CECEPAC (HK). The selected specified performance indicators V. Limitations Based on the procedures CECEPAC (HK) has performed and are as follows： CECEP (HK) Advisory Company Limited (“CECEPAC (HK)” or The absence of a significant body of established practice on the evidence we have obtained, nothing has come to our “We”) has been engaged by Xinjiang Goldwind Science & • Liquefied Petroleum Gas and Natural Gas Consumption which to draw to evaluate and measure non-financial infor- attention that causes us to believe that the disclosure of the Technology Co., Ltd. (“Goldwind”) to conduct an independent • Total Number of Patent Applications and Patent Licenses mation allows for different, but acceptable, measures and three selected specified performance indicators in the Sus- limited assurance engagement on the information and data tainability Report for the year ended December 31, 2018 is • Training Hours per Capita measurement techniques and can affect comparability be- in the 2018 Sustainability Report (“Sustainability Report”) of tween entities. unreliable, inaccurate or not been prepared, in all material Goldwind. • The scope of the assurance engagement is limited to in- respects, in accordance with the basis of reporting for the formation disclosed for the 1 January 2018 to 31 December VI. Conclusions This independent assurance statement has been prepared in Sustainability Report. 2018 period, and any information that falls outside this peri- In accordance with the AA1000AS principles of Inclusivity, English and Chinese versions. Should there be any discrepan- VII. Recommendations od or any other data that is disclosed in the Sustainability Re- Materiality and Responsiveness, and the ESG Reporting cies between these versions, the English version shall prevail. port are not included within the assurance scope. Therefore, Guide published by SEHK, our conclusions are as follows: We recommend that Goldwind consider strengthening the I. Goldwind’s Responsibilities below aspects for future reports: we do not express any conclusions on this information; Inclusivity Goldwind is responsible for the preparation and presentation • Improving the Inclusivity of materiality assessments • The scope of the assurance engagement is confined to Goldwind has identified key stakeholders and has established of the Sustainability Report in accordance with the Envi- within the sustainability report by increasing the number of the information provided by Goldwind only. Any queries re- a database of sustainability issues through various forms of ronmental, Social and Governance Reporting Guide (“ESG respondents across stakeholder groups; garding the content or related matters within this assurance stakeholder engagement. Goldwind has demonstrated that Reporting Guide”) issued by the Stock Exchange of Hong statement should be addressed to Goldwind only; their formulation of policies and daily operations account for • Enriching communication channels with stakeholders, fur- Kong Limited (“SEHK”). Goldwind is also responsible for im- • The scope of the assurance engagement is confined to stakeholders’ expectations and their potential impacts. In our ther strengthening efforts to collect stakeholders’ views per- plementing internal control procedures to ensure that the data and information in the Sustainability Report that relate professional opinion, Goldwind adheres to the principle of taining to Goldwind’s sustainability performance, and disclos- contents of the Sustainability Report are free from material to Goldwind and its subsidiaries only, and does not include Inclusivity. ing response measures and outcomes in future sustainability misstatement, whether due to fraud or error. reports. Goldwind’s suppliers, contractors, and data or information Materiality II. Assurance Provider’s Responsibilities provided by other third parties. VIII. Independence and Competence Goldwind has accounted for stakeholders’ needs and con- CECEPAC (HK) is responsible for issuing an independent assur- IV. Methodology cerned issues, and has disclosed qualitative and quantitative CECEPAC (HK) was not involved in collecting and calculating ance statement to the Board of Directors of Goldwind. This CECEPAC (HK)’s assurance engagement was conducted at sustainability material issues and key performance indicators data, or in the development of this Sustainability Report. CE- independent assurance statement applies solely to express- Goldwind’s headquarters and Electric Control Factory in Bei- based on its unique business characteristics, legal and regu- CEPAC (HK)’s activities are independent of Goldwind. There is ing a conclusion on the assurance work in the specified scope jing, and the assurance work included: latory requirements, economic and social impacts, etc. In our no relationship between Goldwind and CECEPAC (HK) beyond of Goldwind’s Sustainability Report, and does not serve any the contractual agreement for providing this assurance en- • Assessing the suitability of Goldwind’s stakeholder en- professional opinion, Goldwind adheres to the principle of other intents or purposes. gagement. gagement participation process; Materiality, and has identified material aspects using suitable CECEPAC (HK) ensures that all personnel involved in the as- means and presented these material issues in a matrix for- • Conducting interviews with personnel involved with sus- surance work meet professional qualification, training and mat. experience requirements, and are demonstrably competent. tainability management, report preparation and the provi- Responsiveness CECEPAC (HK) also ensures that personnel involved in the sion of other relevant information; assurance work are capable of conducting assurance engage- • Assessing whether the reporting and management ap- Goldwind has developed multi-faceted means of communica- ments. All results of assurance and certification audits are proach for the Sustainability Report have been conducted in tion and strengthened communication with stakeholders. In internally reviewed by senior staff to ensure that methodol- line with the AA1000AS principles of Inclusivity, Materiality response to stakeholders’ needs and concerned issues iden- ogies used in the process are sufficiently stringent and trans- and Responsiveness; tified in the materiality assessment, Goldwind has responded accordingly to their needs and issues in their Sustainability parent. • Reviewing the supporting evidence for qualitative speci- Report. In our professional opinion, Goldwind adheres to the III. Assurance Scope fied performance indicators; principle of Responsiveness. • Adoption of a Type 2 Moderate Level of Assurance to eval- • Conducting random sampling of evidence pertaining to SEHK (ESG Reporting Guide) uate the nature and extent of the Sustainability Report’s quantitative specified performance indicators; Disclosures for indicators of environmental and social aspects adherence to the Principles of Inclusivity, Materiality and Re- • Recalculating quantitative specified performance indica- have been provided, in all material aspects, in alignment with sponsiveness (the three AA1000 AccountAbility Principles); tors; the ESG Reporting Guide issued by SEHK. Our observations • Assess the extent to which the Sustainability Report aligns • Performing other procedures we deemed necessary. and recommendations for the Sustainability Report have with the ESG Reporting Guide issued by SEHK; March 27, 2019 Assurance work was performed and the conclusions within been adopted by Goldwind before the issuance of this assur- • Limited assurance of the reliability and accuracy of three were based upon information and data provided by Goldwind ance statement. Hong Kong specified performance indicators disclosed in the Sustainabil- to CECEPAC (HK), and on assumptions that the information
78 79 Xinjiang Goldwind Science & Technology Co., Ltd. Sustainability Report 2018
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