Recently, Tianjin Battery Science & Technology Co., Ltd. (Tianjin Battery), a demonstration production base under Luen Mei Group’s Battery Science & Technology, released its 2023 ESG report. The report provides a detailed disclosure of the company’s environmental, social, and governance (ESG) initiatives and green practices. As Tianjin Battery’s inaugural ESG report, it signifies a new stage of systematic development in the company’s ESG framework, green and low-carbon initiatives, and the implementation of its dual-carbon strategy.

The rapid growth of China’s new energy vehicle (NEV) industry has brought the challenge of power battery recycling to the forefront. Effectively addressing the “last mile” of the industrial chain and realizing resource recycling are crucial for the sustainable and healthy development of the NEV industry. Battery Science & Technology is stepping up at this critical juncture with its proprietary innovations in multi-tier utilization and “dry-process” dismantling of power batteries. These technologies resolve key industry issues, including “electrolyte condensation, battery dust blockage, and low recycling efficiency”. The process operates without wastewater discharge, employs fully enclosed production lines, and utilizes RTO (Regenerative Thermal Oxidizer) systems for treating gas emissions. This approach ensures resource utilization, carbon recovery, and pollution-free, environmentally safe operations, turning waste into value and creating “green wealth”.

The ESG report highlights the company’s comprehensive low-carbon transformation. Tianjin Battery has established a robust three-tier energy management system, achieving the authoritative Energy Management System Requirements (ISO 50001:2018) certification. Through measures such as energy-saving upgrades, precision management, and the adoption of renewable energy, the company is building a zero-carbon factory and low-carbon products. In 2023, Tianjin Battery implemented the Capacity Increase and Cost Reduction Plan, which included upgrading sorting and grinding processes to improve equipment efficiency. The upgrades reduced installed power from 1,800 kW to 1,600 kW, increased production capacity by 30%, and lowered energy consumption by 51.3%. The improvements also enhanced the quality of metal shell sorting, achieving a purity rate of over 98%.