POWER CONSTRUCTION CORPORATION OF CHINA
1
A Thriving POWERCHINA 04
About the Report CONTENT ESG Governance 08
The report is the 10th Social Responsibility Report issued by Powerchina Limited (company referred to as POWERCHINA,
Stock Code: 60166). According to the relevant guidance of the State-owned Assets Supervision and Administration
Commission of the State Council, this issue is renamed Environmental, Social and Governance (ESG) Report , aiming to
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faithfully reflect POWERCHINA’s concept, practices and performance in terms of sustainable development.
Governance for A More
The report discloses all businesses of POWERCHINA, and also fully discloses the corresponding key performance Permanent Operation
indicators so that the stakeholders could fully understand the relevant information of the Company.
Improving the company’s governance 14
Basis of Compilation
Integrity Risk Control 16
This report is based on The Report on the Fulfillment of Social Responsibility by Listed Companies, The Shanghai Stock
Exchange's Guidelines for Environmental Information Disclosure of Listed Companies and Guiding Opinions on the Making the Main Business Stronger and Better18
Fulfillment of Social Responsibility by Central Enterprises issued by the State-owned Assets Supervision and Administration
Commission of the State Council. Furthermore, it has referred to the Global Reporting Initiative (GRI)’s Sustainability Guaranteeing customers’ rights 22
Reporting Guidelines (GRI 4.0, GRI-standards), International Organization for Standardization (ISO)’s Social Responsibility
Guide (ISO 26000), the Guidelines on Corporate Social Responsibility Report for Chinese Enterprises (CASS-CSR4.0) High-quality Supply Chain 24
issued by the Corporate Social Responsibility Research Center of the Chinese Academy of Social Sciences, United
Nations Sustainable Development Goals (SDGs) and other standards.
26
Environment: For A More
Reporting Period Sustainable Ecology
From January 1, 2021, to 31 December 2021, some content is extended as needed, which has exceeded this time range.
Perfecting Green Management 28
Scope of the Report
Addressing Climate Change 29
Powerchina Limited and its wholly-owned, holding enterprises; some indicators include the relevant indicators of
enterprises entrusted by the controlling shareholder Power Construction Corporation of China.
Implementation of Green Production 33
Data Clarification Ecological Environment Protection 34
The financial data cited by this report mainly come from the audited financial report, other data come from the company's
36
official documents and statistical reports.
Term Description Society: For A more Eternal Beauty
38
In order to facilitate expression and reading, Powerchina Limited in the report is addressed as "POWERCHINA" or
Deepening the Win-win Partnership
"Company" or "We" according to the specific situations.
Adhering to the Red Line 40
Confirmation and Approval
The report was reviewed, confirmed and approved by the company's board of directors in March 2022 to ensure that the Paying Attention to Talent Development 42
report complies with the principle requirements as "Materiality" "Quantification" "Balance" and "Consistency".
Devoting to Social Welfare 44
Access to the Report
This report is in Chinese and published to the stakeholders and the public in the form of PDF electronic documents. The
PDF electronic documents can be downloaded from the website of the Shanghai Stock Exchange and the official website
of POWERCHINA (http://www.powerchina.cn).
POWERCHINA Looking into the Future 48
We sincerely thank you for your attention, and look forward to your feedback, suggestions and corrections, which could
assist us in improving POWERCHINA's ESG control and disclosure. For that, we will be more than grateful. Appendix 50
2 Powerchina Limited 2021 Environmental, Social and Governance Report 03
A Thriving
POWERCHINA
○ On June 28, 2021, the first batch of generating units of Baihetan Hydropower Station, another "national business
card" for China’s world-leading hydropower industry, was officially put into operation, in which POWERCHINA
undertook all the design and 80% of the construction work.
Company Overview Scope of Business Governance Achievements
The controlling shareholder of to "Powerchina Limited", and the POWERCHINA is mainly engaged in urban railways, clean energy, water In 2021, the Company was awarded Golden Roundtable Award for Board
Powerchina Limited is one of the stock abbreviation was changed from general contracting of domestic and resources and environment, mines, a series of capital market honors, of Directors of Listed Companies in
Fortune Global 500 companies— "SINOHYDRO" to "POWERCHINA". international water conservancy and etc.; investment and financing business; including the "Top 100 Award" of China.
Power Construction Corporation of hydropower construction projects and electrical power production; import the 23rd Golden Bull Award for
In 2021, its parent company Power
China. The Company was formerly related survey, design, construction, and export, etc. The Company is the Listed Companies, the "Best Listed
Construction Corporation of China,
known as Sinohydro Limited which consulting, supervision, and other largest water conservancy and hydro- Company" of the 11th Golden Ba-
as the world’s largest designer and
was established in Beijing by Sinohydro supporting services; the manufacturing, power construction enterprise in the uhinia Award, the "Excellent ESG
contractor in the power sector, was
Construction Corporation of China installation and trade of mechanical and world with the leading technological Practice Case of Listed Companies
ranked 107th among Fortune Global
and Hydrochina Corporation Limited electrical equipment and construction level and the strongest brand influence in Beijing" of the Beijing Association
500 companies, 1st among the ENR
on November 30, 2009. On October machinery; engineering design,constru- in the industry. of Listed Companies, "the Listed
Top 150 Global Engineering Design
18, 2011, the Company was listed ction, consulting and supervision of Company with the most investment
Companies, and 5th among the
on the Shanghai Stock Exchange. In electric power, high-ways, railroads, value" of the 2020 China Securities
ENR Top 250 Global Engineering
January 2014, the Company name ports and waterways, airports and Journal Golden Bull Award, and the
Contractors.
was changed from "Sinohydro Limited" housing construction, municipal utilities, Best Board of Directors of the 17th
04 Powerchina Limited 2021 Environmental, Social and Governance Report 05
Organizational There are 43 second-level wholly-owned and holding subsidiaries, including
7 hydropower design companies, 18 hydropower engineering companies, 4
Strategic Orientation
Structure professional market platform companies, 9 investment and operation platform
companies, 4 financial service platform companies, and 1 real estate company
Aiming at becoming a world-class enterprise, coordinating both the domestic and the international
market, highlighting the three core businesses of energy and power, water resources and environment,
under POWERCHINA. urban construction and infrastructure, integrating the three major links of "investment, construction and
operation”, strengthening capacity building on seven areas including overall innovation, market expansion,
Shareholders’ Meeting quality performance, lean management, resource integration, asset operation, risk management and
control, etc. and systematically promoting eight strategic actions of Party building, technological innovation,
deepening reform, management improvement, international development, talent-based enterprise, honest
43 Board of Directors employment and digital transitions so as to better serve the national strategies, fully promote high-quality
development and play a better role and make a greater contribution in the "14th Five-Year Plan" period.
second-level wholly-owned,
holding subsidiaries
Professional Committee Supervisory Board
Overall Objectives
Management
The overall objectives of the Initially become a world-class enterprise with
"14th Five-Year Plan" global competitiveness
a t th e h ea d q u a r ters
22 management departments
21 wh ol ly - own ed com p a n i es
22 h ol d i n g s u b s i d i a r i es
24 en tr u sted com p a n i es
6 overseas Regional headquarters
5 domestic regional headquarters
6 b ra n c h es
A world-class business system is A world-class technology innovation system is
basically formed basically formed
A world-class management system A world-class globalized business layout is
is basically formed basically formed
A world-class talent team is basically The three-year action task of state-owned
built enterprises is fully completed
The Party's leadership and
construction are further strengthened
Corporate Culture
Developmental
Building clean energy Building a world-class enterprise
strategies Creating a green environment Creating an excellent global brand
Serving smart cities
Our Our
Mission Vision
entconcept
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Being honest and
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Philosophy Spirit Dare to go beyond
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Innovation, Coordination, Responsibility, Innovation, Integrity,
Green,Openness, Sharing Win-Win Cooperation
06 Powerchina Limited 2021 Environmental, Social and Governance Report 07
Communication of Stakeholders
In response to the differentiated needs of different in 6 strategy meetings organized by domestic and foreign
stakeholders, POWERCHINA continuously improves securities companies throughout the year and received
communication mechanisms, expands communication 38 sessions of research by domestic and foreign investors
ESG Governance
forms, and strives to accurately, timely and comprehensively as well as analysts. In addition, the Company maintains
disclose the information concerned stakeholders. In 2021, good interaction with investors through on-site and online
the Company further revised The Management System for performance promotion meetings, telephone conferences,
Information Disclosure, The Internal Reporting System of investor collective reception day, etc., actively participates
Major Events and Inside Information Insider Registration and in social responsibility (ESG) related forums, and compiles
Filing System, organized special training on securities affairs, and distributes quality social responsibility (ESG) reports
and popularized the latest policies of market supervision, year after year. On our official website, we set up columns
information disclosure systems for listed companies, etc. to of "Social Responsibility"and“Investors Relations”, focusing
Board Statement relevant employees, and continued to increase the levels and
qualities of information disclosure.
on and actively speaking in the social responsibility (ESG)
field, conveying the Company's value with information of high
The ESG of POWERCHINA is comprehensively supervised Board is responsible for formulating the Company's ESG quality and showing a good market image. In August 2021,
POWERCHINA has formulated the company's 2021 Investor
by the Board of Directors. The board of directors participates governance strategy, evaluating and determining ESG risks the Company has won the Class A evaluation of the Shanghai
Relations Work Plan, maintained good communication with
in the deliberation and decision-making of major ESG issues and opportunities, regularly reviewing the progress of ESG Stock Exchange’s 2020 annual Information Disclosure Work.
various investors through multiple channels, participated
of the Company and assumes overall responsibility for the work, approving disclosure information in ESG reports, and
ESG work. The relevant functional departments, branches, evaluating whether the Company's ESG risk management
Communication
and subsidiaries of the Company are responsible for the and internal control systems are applicable and effective . Stakeholders Demands of stakeholders Our response
mechanism
specific implementation of ESG affairs. In addition, the
Responding to the national strategy
Abiding by laws and regulations
Law-abiding compliance operation Policy guidance
Implementing national policy
Asset preservation and appreciation of Special meeting reports
Integrity management by the law
Government assets Information delivery
Practicing business with integrity
Full tax payment according to the law Work objectives and assessment
Developing clean energy
Promoting the stable employment Strategic cooperation
Assuming social responsibility
ESG Governance System
Combating climate change
Regular or temporary reporting
Shareholders’meeting Keeping stable profit
Avoiding economic risks
Shareholders Board of Directors Maintaining shareholder rights
POWERCHINA learns from the prevailing standards and management concept into the enterprise strategy and opera- Keeping information communication
Daily communication Timely disclosure of information
advanced practices of ESG management of global enter- tion management system in practice, and promotes the manage-
Official website of the Company
prises, fully considers the practical basis of the Company's ment of responsibility to achieve sustainable development.
Implementing quality management
operational management, continuously integrates the ESG Customer service hotline
Guaranteeing engineering quality Providing excellent service
Satisfaction survey
Clients Improving customer service Strengthening technological innovation
Official website of the Company
Innovating engineering technology Protecting client privacy
Client visits
Leading collective growth
The board of directors decides on the ESG management structure, participates in and supervises ESG work throughout the
process, and regularly reviews the progress of ESG; Regular communication Adhering to integrity and
Complying with business ethics trustworthiness
Business communication and
Partners Practicing mutual benefit and win-win
Establishing a work leadership group led by the Company's main leaders, responsible for the leadership, decision-making cooperation Mutual benefit and equal consultation
development
and overall deployment of the ESG work of the Company. The Brand and Social Responsibility Division of the Administration Industry forum and exhibition Maintaining good cooperation
Department of the Company is responsible for the planning, coordination and daily management of ESG-related work. Thus, an Stabilizing salary and incentives
Improving benefits and welfare Safeguarding employees’ rights
ESG management organization system that is characterized by in-depth participation at all levels, horizontal coordination, and Staff congress
Protecting personal safety Carrying out democratic management
vertical integration has taken its form;
Staff
Daily communication
Supporting career development Strengthening employees’ training
Various types of business training
Formulating and issuing strategic guidance documents and related management systems such as the Concept, Strategy and Realizing personal value Enriching employees’ life
Staff recreational activities
Action Plan on Social Responsibility, Construction Plans on the Management System of Social Responsibility, clarifying ESG Work-life balance Continuing epidemic prevention and
control
planning goals in the "14th Five-Year Plan" of the Company, and continuing to improve the institutional basis for ESG management;
Participating in community activities
Community visits Devoting efforts to Public welfare and
Regularly organizing system-wide training on social responsibilities and for ESG business personnel to strengthen ESG capacity
Care-taking and exchange charity
building, and continue to improve ESG management capabilities and performance. Supporting community construction
Community Open Day Aiding to rescue and disaster relief
Supporting social public welfare
Public welfare and charity Practicing green production
Environmental protection Environmental protection and public
welfare
08 Powerchina Limited 2021 Environmental, Social and Governance Report 09
Identification of Substantive Topics
Identification of Topics Analysis of Topics
POWERCHINA has actively carried out ESG substantive topic identification and research work to disclose according to the POWERCHINA carries out the investigation of internal and external stakeholders, based on the Company's context, analyzing
requirement of the regulatory authorities and the ESG rating standards both at home and abroad, accurately focusing on the and sorting -from dimensions of "the importance to the sustainable development of POWERCHINA" and "importance to external
policy orientation and social public opinion, continuously updating the database of key topics of ESG. Currently, there are 43 stakeholders" - the importance of topics, in order to determine the key topics of the ESG reported this year. This report discloses
topics covering three major categories of environment, society and governance, effectively responding to stakeholders’ ever- these topics to achieve good communication effects with the stakeholders.
updating demands, leading POWERCHINA to create a sustainable win-win value.
Governance topics Social topics Environmental topics
100
1.Responsibility strategy 12.Guaranteeing engineering quality 38.Developing clean energy
2.Responsibility governance 13.Adhering to innovation 39.Saving energy resources
3.Social responsibility training 14.Protecting clients’ privacy 40.Strengthening emissions management 25
24 15
12
4.stakeholders’ communication 15.Providing excellent service 41.Combating climate change 22
16 11
27 14 10 41
90
5.Optimizing governance structure 16.Adhering to integrity operation 42.Environmental educational publicity
4
21 34 40 33 38
6.Serving national strategy 17.Practicing procurement liability 43.Participating in environmental public welfare
7.Strengthening the Party building 18.Standardizing supply chain management
23 20 18 30 26
13
36 32
Importance for external stakeholders
8.Risk management and internal control 19.Strengthening strategic cooperation 29
35 31 43
9.Clean governance and anti-corruption 20.Driving industry development
80
19 39
42
10.Standardizing information disclosure 21.Protecting intellectual property rights 28 17 6
11.Investor relationship management 22.Employment compliance
23.Democratic management 8
5 7
9
24.Salary and welfare, health and safety
70
25.Health and safety 37
26.Training and development
1
27.Work-life balance
2
28.Localization procurement 3
29.Driving local employment 60
30.Cultivating local talents
31.Protecting local environment
32.Carrying out the charitable donation
33.Helping rural resolution 50
707580859095100
34.Supporting against epidemic
35.Aiding to rescue and disaster relief
36.Supporting community public welfare Importance for the sustainable development of POWERCHINA
37.Carrying out volunteer services
Substation Analysis 2D Matrix of POWERCHINA
10 Powerchina Limited 2021 Environmental, Social and Governance Report 11
Governance for A More Improving the company's governance
Integrity risk control
14
16
Permanent Operation Making the main business stronger and better 18
Guaranteeing customers’ rights 22
POWERCHINA has committed to a global operation, quality-efficient operation, with High-Quality Supply Chain 24
sustainable development goals, continuously optimizing corporate governance,
improving the corporate governance structure with clear responsibilities and rights
as well as regulated management. We constantly strengthen integrity risk prevention
and control, implementing clean governance and anti-corruption. Focusing on
energy power, water resources and environments as well as urban construction and
infrastructure, we aim to make the core business stronger and better. POWERCHINA
has committed to providing products and services of high quality to ensure client rights
and strengthening supplier management and supplychain building. With commodity
supply and the foundation of development being improved continuously, we strive to
create a greater value for shareholders.
○ The full image of Lianghekou Hydropower Station
12 Powerchina Limited 2021 Environmental, Social and Governance Report 13
Improving the Benchmarking against other world-class enterprises, POWERCHINA continuously
advances the modernization of its governance system and capabilities. The Party
Strengthening the Enterprises with Legal
Representatives
company's
committee supports the board and managers, and the board and managers are
responsible for the implementation of decisions made by the Party committee. The
Supervisory Board effectively oversees the Company and ensures that the company
governance is operated in a regulated way, and both directors and senior managers are fulfilling
their duty diligently. The bodies of governance at all levels are characterized by
In 2021, the Company has further strengthened the management of hierarchical
tiers and legal entities, and continued to reduce the current number. As of the end of
statutory and transparent rights and responsibilities, coordinated operation, and December 2021, 270 legal entities were reduced, among which 30 legal entities were
effective checks and balances, which provide powerful assistance to the Company's accomplished in 2021, with cumulative recovered funds reaching 11.4 billion RMB,
sustainable development. In 2021, two wholly-owned enterprises, POWERCHINA saving managerial costs of 320 million RMB in total. The Company's organizational
RESOURCES LIMITED and the SINOHYDRO Bureau 11 Co., Ltd were determined structure is further streamlined, and the control efficiency is significantly improved.
by the State-owned Assets Supervision and Administration Commission of the
State Council (SASAC) as management benchmarks for other key state-owned
enterprises.
At the end of December 2021
Strengthening the Construction of Governance
System
Cumulatively recovered Cumulatively saved
funds of management costs of
The "Two consistencies” are resolutely and earnestly implemented at POWERCHINA.
We have carefully practiced Opinions on Central Enterprises to Strengthen the
Party’s leadership in the improvement of Corporate Governance, revised the
implementation of the Company's decision-making systems of Three Important
and One Major Decision Items, and prepared a List of Decision and Procedures on
270 11.4 320
legal entities were reduced billion RMB million RMB
Three Important and One Major Decision Items, which will strengthen the Party's cumulatively
leadership and improve the organic unity of corporate governance to ensure that the
Understanding numbers
for the Year 2021 Party's leadership is legally enforceable in the system, guaranteed in the procedure,
and implemented in practice, and the Party committee's leading role in "setting the
direction, managing the overall objective, and promoting implementation" is fully
15 utilized.
POWERCHINA continues to strengthen the board of directors by building its
subsidiaries and promoting a regulated, scientific, effective operation of the board.
Combating Illegal Affiliates
board meetings were convened We have continuously enhanced the competence of the board and fully encourage it
to play a big role in setting strategies, making decisions, and fending off risks as well.
POWERCHINA has established a Comprehensive Leading Group against "illegal
In 2021, 50 second-tier subsidiaries that must have boards have established their
affiliates", formed an inspection group and the guarantor group to inspect the
63
board of directors, and the number of managers who are under the tenure system
enterprises at all levels, and promoted comprehensive work with strong execution
and contractual management accounted for 93% of its kind. The qualified 17 wholly-
and solid work style.
owned subsidiaries have all established their board of directors where external
directors dominate, and 233 third-tier subsidiaries and below have established
proposals were reviewed by the
boards, realizing a coverage of 84%. In addition, we have scientifically decided on
board
the boundaries of rights and responsibilities of each governance entity, sorted out 69
major policy decision items in 10 categories of Party building, management, strategy,
reform, etc., and clarified the decision-making entity’s role and operating mechanism
in this regard to effectively promote the corporate governance in a standardized,
procedural and scientific way.
○ POWERCHINA 2021 Work Conference ○ Seminar for the construction of the board of POWERCHINA
14 Powerchina Limited 2021 Environmental, Social and Governance Report 15
Integrity Risk POWERCHINA continues to make systematic efforts to address awareness, ability
and resolve to resist corruption and thus form integrated, coordinated measures. We
Risk Control
Control
have made unanimous efforts to punish and deter, restrained officials with systems,
raised their awareness, promoted the normalization of supervision more specifically,
and actively cultivated a clean and positive environment of development. At the same
time, we must fully grasp the work prevention and control of the epidemic, promote POWERCHINA continues to strengthen the risk prevention and control, conscientiously
the construction of a risk prevention and control system, strengthen the construction implements the compliance policy requirements of the central government and SASAC,
of compliance management and the "Legal Framework of POWERCHINA", and continues to focus on major operation risk control, especially on Covid-19 prevention and
effectively prevent major business risks, safeguarding the Company to achieve high- control overseas, and fully leverages the important role of compliance,audit and oversight
quality development. in fending off risk, ensuring sustained healthy development of the Company.
Anti-corruption Amendment to the Administrative Measures for Risk Assessment
Formation of Major Risk Management Research Report during the "14th Five-Year Plan"
Upholding the Redline period
POWERCHINA has always maintained a high pressure on anti-corruption, adhering
to the main principle of severeness. By strictly investigating the "few key" issues,
we have achieved a result that incremental cases are curbed and case-in-stock Formation of the Year 2021 Comprehensive Risk Management Report, the Year 2021
is reduced. In 2021, the POWERCHINA Discipline Inspection Committee has dealt Comprehensive Risk Management Summary Analysis Report on Subsidiary
with 50 cases with letters and calls, and 164 cases were verified preliminarily, and
17 were filed accordingly. 53 persons have been disciplined consequently, and 305
persons have received punishment within their organization.
Sorting out A Check & Investigation Report on Overseas Business Legal Risks
Grasping Management
Entrusted by the Bureau of Policies, Laws and Regulations of SASAC, organizing the
We have further strengthened the Party style and transparent government Compliance Guide against World Bank Group Sanctions
construction and anti-corruption work, organized the 2021 Party Work Integrity
50
Construction and Anti-Corruption Work and Warning Education Conference, issued
"Key Working Issues on 2021 Party Work Integrity Construction and Anti-Corruption
Work", and performed mission breakdown to ensure that the responsibility is
cases with letters and calls accounted and well allocated. Besides, we continue to make systemic efforts to
have been dealt with by the ensure a mechanism where awareness, ability and resolve to resist corruption are
POWERCHINA Discipline
Inspection
upheld. Regular Epidemic Facing a complicated and challenging Covid-19 pandemic, POWERCHINA has always
considered the lives and health of employees and stakeholders as the top priority, By
Prevention and Control intensifying the prevention and control of COVID-19 measures and taking further actions,
POWERCHINA has guaranteed steady project progress while the resumption of work and
Strengthening Supervision production is pushed ahead in a coordinated way. The Company is highly concerned
about the health and safety of overseas employees, and has taken all feasible measures
We highlight political supervision, strengthen daily supervision, deepen the supervision such as chartered flights to ensure a safe and healthy journey, thus achieving the "stability
and management, strictly implement the Eight-Point decision on improving work on two fronts and security in two areas" goals.
conduct set by the Central Committee and the follow-up implementation measures,
and keep up our effort to tackle pointless formalities, bureaucratism, hedonism and
extravagance. We promote "Three No Corruption", and increase the accountability
for discipline enforcement, seriously investigate and handle cases of violations of
discipline and law, complete the annual tasks of special inspections and internal
Investigating We have actively carried out special rectification operations against financial capital
risks, and further promoted the investigation and rectification of illegal businesses, such
inspections of illegal affiliates in the Company ordered by the State-owned Assets significant as trade financing. Integration of audit supervision and punishment for those failing to
53
Supervision Party Committee of the State Administration of China (SASAC) with
high quality. In 2021, the Company has completed the three rounds of the Party
operational risks perform their duty in terms of due operations and investment has been accelerated. We
have established a partnership enterprise of POWERCHINA ensuring the investment and
committee routine inspections in 36 wholly-owned subsidiaries and the Party operation, preventing systematic risk in PPP projects’ operation. By carrying out risk
people have received disciplinary committee inspection rectification assessment in 19 wholly-owned subsidiaries. project governance, we have effectively addressed some major risks of related projects.
sanctions on the party and the
government level
Promoting Good Styles
POWERCHINA is paying great attention to the quality of discipline inspection Enhancing the With the in-depth promotion of the integration of the legal system, legal capacity and
cadres. Coupling with Party history education activities, the Discipline Inspection legal culture, we continue to build up the Company's capability on legal governance,
Commission of POWERCHINA has carried out 6 research at the grassroots level, 4 capacity to compliance operation, and standardized management in terms of major legal dispute
Party classes, and organized 4 centralized lectures for discipline inspection cadres. safeguard the rule case management, international business risk prevention, legal review and supervision,
Coupling with Party history educational activities, we have carried out Party conduct, etc. In 2021, the Company has conducted law publicity and risk management education
clean governance, and integrity education training, enhancing the consciousness of of law effectively, a compliance culture-building has been advanced in-depth and the measures
self-discipline among all staff. of the building of the "Legal Framework of POWERCHINA" are paying off.
16 Powerchina Limited 2021 Environmental, Social and Governance Report 17
Making the Main Business Stronger and Better
Focus on "Water, Energy and City"
As a global pioneer in the cleaning, low-carbon energy, water resources, and environmental construction fields, a cadre in the
global infrastructure interconnection, and a leading service provider for "B&R" Construction, POWERCHINA has focused on its In the field of "water, energy and city", POWERCHINA continues to consolidate and
main business and consolidated the in-depth implementation of the new development concept, so as to find the development strengthen its advantages in water utilization and governance, and heads on to be
731.5
positioning and comparative advantage of itself in the domestic circulation and domestic international double circulation. The the best in the fields of water resources allocation, water security, water environment
Company grabs the new opportunities brought by the new development pattern, firmly promotes the development of globalization, governing and water ecological restoration, thus creating new advantages in water
the synergy of the whole industry chain, the whole life cycle service, and fully expands the "big building" market, steadily promoting supply and water development, acquiring and holding high-quality water assets, and
the integration of "investment, construction, and operation", so as to make the "water-” much stronger, the "energy " much better, exploring the promotion of water-city linkage. With a view to the "Carbon Peak,
and the "city” much bigger. Carbon Neutrality" goal, the Company fully develops and explores the market of billion RMB of new contracts in the "water,
energy and city" business
pumped-hydro energy storage (PHES), PV power, wind power, geothermal energy,
biomass, hydrogen, energy storage and integrated energy, and actively participates
in the construction of power grids. Centering on the innovative business thinking
and business model of "exploring the city, operating the city and serving the city",
the Company accelerates the deployment in the fields of housing construction,
Expanding the Great Infrastructure municipal utilities, rail transportation, comprehensive urban development, urban
renewal, old neighborhood renovation and urban public utility operation to make the
urban business a new growth pole.
In the field of infrastructure construction, POWERCHINA actively increases the market development in urban rail transit, intercity In 2021, the Company signed 731.5 billion RMB of new contracts in the "water,
railway, highway, municipal bridge, underground integrated pipe, old community renovation, civil-military airport, inland channel, energy and city" business, accounting for 93.7%, including 1,245 RMB of new
etc. As a result, a large number of infrastructure projects enjoying great reputations such as the Beijing-Shanghai high-speed contracts in the new energy business, up 42.6% year-on-year.
rail, Chengdu subway, Zhongshan-Kaiping high-speed express, and China-Laos railway were built. We have participated in the
construction of "China's most important projects", such as the Sichuan-Tibet Railway, with the spirit of overcoming difficulties. We
have accomplished Shenzhen Metro Line 7 with high quality, which has become the only subway project in China that has won
both the Gold Award of National Quality Engineering Award and the Zhan Tianyou Award. The Company's infrastructure business
has grown steadily and converged gradually toward the industry synergy.
○ Wroclaw Flood Diversion River Regulation Works in Poland - the first time a Chinese enterprise successfully fulfilled
○ Participation in the construction of the Jakarta-Bandung high-speed rail project
its contract in the EU infrastructure market and obtained a Taking-over Certificate
18 Powerchina Limited 2021 Environmental, Social and Governance Report 19
Integration of Investment, Construction and Operation Promoting Globalization
In the field of investment, construction and operation, In 2021, the Company has issued the Opinions on Further POWERCHINA has actively responded to the national "B&R" Company co-signed the world's largest Wind Energy and PV
POWERCHINA has accelerated its development from single Improving the Management and Control of Recent Investment, Initiative, optimized the configuration of international business & Energy Storage Project — the Saudi Red Sea Wind Energy
investment-driven to the integration of investment, construction clarifying the orientation of investment as profit and cash resources, deeply restructured international business, and PV & Energy Storage Integrated Project; pushed forward
and operation, and strives to form a beneficial development creation as well as risk prevention and control, introducing established "three steps" on the global development the implementation of five projects in Vietnam in the mode of
pattern of “strong investment, strong contracting, superior special incentives for renewables and pumped water energy strategy of "group establishment for international business, Construction Financing; and successfully signed three spot-
assets, superior capital" that is characterized by accurate storage investment business as well as special fund guarantee localization of international operation and globalization of exchange projects in Angola with European funds. The first
investment, excellent construction, efficient operation and policies for the preliminary work of major investment projects POWERCHINA", promoting its international business to electricity investment project in Europe — the Ivoivik Wind
smooth exit. to better enhance the development of the Company. achieve the development of high quality, so that the brand Power Project in Bosnia and Herzegovina, was successfully
value and international influence of POWERCHINA have been launched; the China-Laos Railway Project was officially
significantly improved. opened to traffic; the first generator unit of Kafue Gorge Lower
Hydropower Station in Zambia was connected to the grid for
In 2021, the Company made a breakthrough in the power generation; and the Nam Ou River Hydropower Station
China-Laos Railway - Connect the Lao people to the world through railways Case development of the overseas new energy market, with 84 in Laos, which was invested and operated by the Company,
billion RMB of new contracts signed, accounting for 39.98% was put into operation in the whole river basin.
of the total new contracts signed in international business. The
On December 3, the 1,035km long China-Laos Railway connecting Kunming and Vientiane went into operation, which has
profoundly changed the transportation pattern of Laos, and is of great significance to China and Laos in the promoting
economic, social and humanistic cooperation and communication, accelerating the construction of China-Laos Economic
Corridor and building China-Laos Community of Destiny. Since the commencement of construction of the China-Laos Railway, Xiamen University Malaysia Campus Project, Kariba South Bank Expansion Project in Zimbabwe, Memve'ele Hydropower Project
POWERCHINA has gathered its high-quality resources, which demonstrates the advantages of integration of the whole in Cameroon, and Nam Ou River Sixth-Grade Hydropower Station Project in Laos were awarded the "2020 China Construction
industrial chain, to build "road, bridge and tunnel" high-quality projects. The participation units including SINOHYDRO BUREAU Engineering Luban Prize (for the overseas projects)".
3CO., LTD, SINOHYDRO BUREAU 10 CO., LTD, SINOHYDRO BUREAU 14 CO., LTD, and SINOHYDRO ENGINEERING
BUREAU 15CO., LTD of POWERCHINA have completed the targets and tasks at all nodes safely and with high quality Jatigede Dam Project in Indonesia, Kuwait University City Business School, and Women's College Project, etc. was awarded the
through the careful formulation of construction plans, adoption of advanced technology and construction methods, and National Quality Project Award.
scientific and reasonable organization of construction, making the China-Laos Railway a "model project" for Chinese railroads
going abroad with practical actions and practicing the spirit of mutually beneficial of the "Belt and Road" initiative.
Rural road opens the door for Kenyan peasantry to get rid of poverty and achieve Case
prosperity
In March 2021, POWERCHINA Municipal East Africa
Corporation completed the construction of 17.3 km
asphalt double-layer surface pavement of the 2nd branch
rural road of section 444 and successfully opened to
○ On December 3, the entire China-Laos Railway line went into operation, which has profoundly changed the
traffic, connecting Elgeyo-Marakwet and Uasin Gishu
and connecting the villages and towns around these two
transportation pattern of Laos, and is of great significance to China and Laos in promoting economic, social and
counties. The opening of the project will facilitate not
humanistic cooperation and communication, accelerating the construction of the China-Laos Economic Corridor
only the travel of inhabitants, but also the transportation
and building China-Laos Community of Destiny.
of crops, opening a door for local people to get out of
poverty and achieve prosperity.
○ On June 30local time, the first generator unit of
Kafue Gorge Lower Hydropower Station, the largest
single-roof infrastructure project in Zambia, was
○ Sino-German Ecopark - the first Sino-German
industrial ecological park cooperation project and the
first urban complex project in China implemented in
“ This is a road benefiting the people. Chinese company helps Kenya build the roads, use the actual actions to build
new roads to the deepest corner in the mountains, to the doorsteps of the villagers, and bring them the hope to
communicate with the outside world. Meanwhile, these highways will effectively revitalize the resources in poor areas,
help the development of rural specialized industries, and enhance the 'blood-making' capacity of the rural area, so
that it will gradually embark on the road out of poverty and wealth.
“
connected to the grid for power generation accordance with international standards, covering a
total area of 10 square kilometers
——Mandago, Leader of the County Uasin Gishu, Kenya
20 Powerchina Limited 2021 Environmental, Social and Governance Report 21
Guaranteeing Strengthen Quality Management Breakthroughs in
technology research
Four "1025 special" tasks were concluded on schedule; the first domestic full-
capacity feed pump set of 1,000mw ultra-supercritical unit, large wind turbines and
Customers’
BIM simulation system with independent intellectual property rights, and whole-
life track cycle management system; approved to undertake eight major national
In accordance with the Quality Management System Requirements (GB/T19001-
scientific and technological research tasks including CZ railway and Qinghai-Tibet
Rights 2016/ISO9001:2015) and Code for Quality Management of Engineering Construction
Enterprises (GB/T50430-2017) standards, POWERCHINA has promoted the
scientific expedition, and 10 national natural fund projects in the field of offshore
wind power and hydropower; leading the organization of nearly 20 provincial and
establishment of a quality management system covering the whole process of
ministerial-level scientific and technological research tasks, and carrying out major
production and operation. In terms of quality management, the Company enhances
scientific and technological projects for novel electric power systems and make
the implementation of quality standards and specifications, strictly and specifies and
breakthroughs in core technologies in the source of original technologies.
assigns the responsibilities to survey, design, and construction units; implements
quality supervision, insists on "zero tolerance" for quality and safety problems;
strengthens the collection and collation as well as replication and promotion Improve the actively advance the development of central enterprises innovation consortium, six
of advanced technology and experience in quality management; increases the provincial and ministerial-level R&D platforms including the Tibet Water-Wind-PV-
creation and declaration of high-quality projects; focuses on culture development
collaborative Storage Energy Technology Innovation Center led by the Company were approved
of "strengthening the enterprise by quality", enhances the quality awareness of all innovation system to set up; the construction of water environment, solar thermal, intelligent rail and
staff, and develops and expands the spirit of craftsmen and model workers. In 2021, other group-level R&D platforms is proceeding orderly.
the Company's Sichuan Dadu River Monkey Rock Hydropower Station, Guohua
Dongtai Phase IV (H2) 300 MW Offshore Wind Farm Project and other projects were Advancing New projects were fully integrated into the PRP-ERP-GRP three-level information
awarded the 2020-2021 National Quality Project Award; nine projects including the management system; independently developed BIM-centric collaborative design
Dahua Bridge Hydropower Project, which was constructed or cooperated by the digital platform, fully covering the entire design process; established a smart site system
Company, was awarded the Luban Award; the Baihetan Test Team of the Baihetan transformation based on "BIM+" technology to carry out several intelligent applications in projects
Test Center of the China Water and Hydropower Fourth Engineering Bureau Co. Ltd such as the Lianghekou Hydropower Station; completed and put into operation a
under POWERCHINA was nominated for the China Quality Award; the Northwest number of smart water platforms, smart energy platforms and smart city platforms;
Consulting Company of the Northwest Institute was awarded the "The 19th National the "three-chain and one-platform" digital innovation management was selected as
Quality Award”; the Wuzhou-Liuzhou Expressway Project and the Ya'an-Kangding a benchmarking project by the State-owned Assets Supervision and Administration
Expressway Project undertook by POWERCHINA Road and Bridge Company were Commission of the State Council (SASAC); the digital transformation training was
awarded the "Li Chun Award" for the first batch of highway transportation quality carried out in East China, North China and Southwest China, with more than 400
projects in 2020-2021, which is the first time for POWERCHINA to be awarded participants.
the highest quality award in the national highway and transportation industry. The
Company and its member enterprises did not have any major engineering quality Practicing the the Company's chief technical expert Zhang Zongliang from Kunming Institute, was
problems or accidents throughout the year. elected as an academician of the Academician of Chinese Academy of Engineering;
strategy of Zhang Chunsheng from Eastern China Institute (ECADI) was elected as a national
"strengthening the survey and design master; and Xu Min from SINOHYDRO BUREAU 10 CO., LTD
was rated as the 15th national technical expert. The Company organized and carried
enterprise with out the first "Electric Power Construction Craftsman" and special-grade technicians,
talents" and evaluated and employed 10 "Electric Power Construction Craftsmen" in the first
batch.
Applied for
○ Chengdu Rail Transit Line 18 was awarded the 2020-2021 National
Optimizing customer service
4,532 Quality Engineering Gold Award
patents POWERCHINA insists on client-centered
Insist on Innovation-Driven Development services, continues to summarize and
revise its customer service system in
the daily operation and management,
POWERCHINA places scientific and technological innovation at the core of the continuously optimizes customer services,
overall development, focusing on the requirements of the Company's high-quality and improves the customer experience.
development and building of a world-class enterprise, and dovetailing with the POWERCHINA has strengthened its
requirements of national strategies, and market exploitation and structural adjustment, performance control, responded to client
transformation and upgrading. Driven by the construction of original technology feedback and complaints in a timely
sources, the Company has been incrementally improving the mechanism of the manner, and handled them properly.
scientific and technological innovation system, solidly promoting major technology Through customer callback and satisfaction
research tasks, and accelerating the construction of high-end professional platforms surveys, we collect customers' opinions
4,275 with the synergy between industry, academia, research, and application as the link,
the digital transformation as an effective means, and the institutional mechanism
innovation as the guarantee. In addition, the Company strictly complies with the
and make timely corrections; we have
also strengthened product knowledge
dissemination and potential risk warnings
patents granted Patent Law of the People's Republic of China and other relevant laws and regulations through diversified customer training and
in terms of intellectual property protection to comprehensively strengthen the product descriptions; resolutely curbed
management and protection of intellectual property in production and operation and false propaganda; strengthened information
effectively avoid the risk of intellectual property infringement. In 2021, the Company security, paid attention to customer data
applied for 4,532 patents, obtained 4,275 granted patents, and won hundreds of management and privacy protection,
new ministerial and provincial-level science and technology awards, including the shaped the "brand of POWERCHINA"
highest industry award for outstanding achievements such as Double Shield TBM and enhanced the company's reputation,
technology. customer satisfaction and loyalty. ○ Letters of thanks from clients
22 Powerchina Limited 2021 Environmental, Social and Governance Report 23
Developed and built a supply chain cloud service platform.
The Company has worked for the transformation and upgrading of procurement
management toward supply chain management, and successfully applied it in 8 pilot
projects of 7 subsidiaries and put it into full-scale trial operation by the end of October Final transaction amount of
2021, which promoted the digital transformation of supply chain management.
Deepened the centralized management and control of 1.082
bulk material procurement. billion RMB
The innovative pilot work of centralized joint procurement of steel bars in the Sichuan-
Chongqing and South China regions has reduced procurement costs, which saved
procurement funds, reduced about 200 activities of repeated bidding and tendering ,
and significantly improved procurement efficiency and benefits, and provided strong
support for market development and project implementation of the subsidiaries in
the said region.
Intensified centralized management and control of
critical equipment.
○ Panzhihua Wanjiashan PV Power Plant POWERCHINA innovatively conducted annual framework procurement for 16 About
categories of common-used construction equipment and four categories of critical
High-Quality Responsible Procurement
wind and PV equipment, effectively pooling procurement resources and enhancing
market voice and bargaining power. Among them, the critical wind and PV equipment
procurement for all company investment and construction projects is requested to
5 %
be made through the annual centralized procurement.
Supply Chain
lower than mainstream
e-commerce platforms in the
product price
POWERCHINA has actively advanced the improvement of the procurement
management system and established and maintained a qualified supplier database. Comprehensively increased the level of e-commerce
The Company's headquarters, subsidiaries , and basic level units have always been establishment and operation.
carrying out qualified supplier audits according to the principle of "three levels for each
database", and keep a direct connection with the State Administration for Industry POWERCHINA has further standardized and promoted the centralized procurement
and Commerce (SAIC) and credit information service relying on POWERCHINA of sporadic products from "POWERCHINA Electronic Mall". In 2021, POWERCHINA
Equipment and Material Centralized Procurement Platform, to ensure the accurate Electronic Mall had completed the planned transaction amount ahead of schedule,
and true supplier information. with a final transaction amount of 1.082 billion RMB, about 5% lower in product price
compared with mainstream e-commerce platforms.
In addition, the Company made solid progress in the annual evaluation of suppliers
by investigating the implementation of suppliers' social responsibilities in business
cooperation and by integrating the concept of responsible procurement and
social responsibility management into the process of supplier management and
procurement management. Furthermore, the Company has been practicing green
procurement, giving priority to low-carbon and environmentally friendly products and
clean energy. By the end of 2021, POWERCHINA had incorporated 41,834 suppliers
into the qualified supplier database at all levels, among which a total of 22,526 active
suppliers had participated in procurement practices.
Operation of Procurement Platform
POWERCHINA Equipment and Material Centralized Procurement Platform have
20,481
Totally
been put into service since 2014, and in recent years, its functions have been
upgraded and improved by the "Internet +" technology, which realized electronic
closed-loop management for the whole procurement process from the phase of
22,526 Supply Chain Management
procurement planning to supplier performance evaluation and has been applied in
project offices, branch offices and other basic level units.
In 2021, under the instruction of POWERCHINA, the Company’s subsidiaries
items of equipment and material procurement
were completed on the centralized procurement
platform
active suppliers are involved in
procurement behavior conducted remote off-site and online contactless bid opening and evaluations
Following the guidance of the concept of modern supply chain management, relying on the centralized procurement electronic platform. They carried out a total of
POWERCHINA has been carrying out high-quality supply chain management 20,481 items of equipment and material procurement on the centralized procurement
based on actual development and in accordance with the idea of "complementing, platform, of which 16,486 were completed online for the whole process, accounting
strengthening, consolidating and extending the supply chain". The Company has set for 80.49% of the total procurement.
two demonstration goals: an intelligent global supply chain and a supply chain for the
clean energy industry of "One Belt, One Road", and has implemented corresponding
demonstration initiatives.
24 Powerchina Limited 2021 Environmental, Social and Governance Report 25
Environment: For A More
Sustainable Ecology
POWERCHINA regards environmental protection as the cornerstone of the
sustainable development, strictly complies with the relevant provisions of domestic
and international laws as well as regulations on environmental protection, fully
supports green and low-carbon energy development, promotes green and low-
carbon infrastructure construction and operation, strengthens ecological environment
management and biodiversity protection, actively responds to climate change, strives
to reduce the disturbance from its development on the environment, maintains the
harmonious coexistence between human beings and nature, and provides strong
support to global sustainable development.
Perfecting green management 28
Addressing Climate Change 29
Implementation of Green Production 33
Ecological Environment Protection 34
○ Beijing Yongding River Lianshi Lake Ecological Restoration Project
26 Powerchina Limited 2021 Environmental, Social and Governance Report 27
Perfecting POWERCHINA continues to strengthen the top-level design of energy-saving and
environmental protection, strictly implementing "both Party and company posts Addressing POWERCHINA adheres to the path of green and low-carbon development, and
cooperates with global partners to address climate change. The Company focuses
Green Climate
take the same responsibility for ecological and environmental protection, and one on the optimization of energy structures, striving to build a new power system mainly
post with dual responsibilities", strengthening the investment and construction based on new energy, promoting the production of green building materials, issuing
projects according to the law, strictly implementing various ecological environmental green "carbon neutral" asset securitization financial products, actively conducting
Management governance measures, conducting regular investigation and treatment of potential
ecological and environmental risks. Meanwhile, we have strengthened the policy
Change carbon transactions, and strives to contribute to the achievement of the goal of
carbon compliance and carbon neutrality.
publicity of environmental protection regulations, continuously improved the green
construction management as well as the emergency response system in the project
engineering and construction process, and strictly prevented the occurrence of
various types of ecological and environmental protection violations.
Enhancing Top-level Design
POWERCHINA implements steadfastly the national objective of "Carbon Peak
and Carbon Neutrality" according to the Guidance on Promoting the High-Quality
Development of State-Owned Enterprises to Achieve Carbon Peak and Carbon
Neutrality issued by the SASAC, in which controlling carbon emissions serve
as a focus and a clear path to achieve "Carbon Peak and Carbon Neutrality” is
mapped out. The Company will incorporate energy-saving and carbon reduction
targets into the "14th Five-Year Plan"; promote low-carbon energy structures and
Environmental compliance review and POWERCHINA has carried out Research focus on building a clean power system; continuous make efforts to policies and
rectification activities carried out in key and Application of Identification and actions related to climate change; actively carry out carbon market transactions;
projects.We have also performed an en- Evaluation of Ecological and Environ- enhance the carbon capture technology research and development. In September
vironmental risks review focusing on the mental Pollution Sources and Risks in 2021, "CITIC Securities - POWERCHINA 2021 Green Asset Support Special Plan
implementation of subject responsibility, Construction, Equipment Manufacturing (esp. for carbon neutrality)" have been successfully issued on the Shanghai Stock
compliance with laws and regulations, and Power Generation & Operation, Exchange, incorporating financial resources into the green and Carbon Neutrality
and pollution prevention. established identification and evaluation field successfully.
standards and databases for ecological
and environmental pollution sources and
risks that adapting to the Company's
green and low-carbon sustainable deve-
lopment. "14th Five-Year Plan" Target
Integrated energy consumption of 10,000 Carbon dioxide emissions for 10,000 RMB
Environmental Environmental RMB output value decreased by output value decreased by
inspection Protection
Research
Environmental
training
Green
office 15 % 18 %
in 5 years in 5 years
POWERCHINA has established envir- POWERCHINA has strengthened the
onmental training systems covering management of consumption of water,
units of all levels, organized training electricity, paper, etc. in the office area. We
on ecological and environmental insist on "water stops when leaving" and
protection as well as environmental "lights off when leaving", use double sides
standards related to the operation, of the paper, and save water, electricity and
and enhanced the environmental paper. In addition, the video conferencing
protection awareness of all staff. system is widely used at POWERCHINA,
reducing the greenhouse gas emissions
from employees' business travels.
○ Upper Reservoir of Hebei Fengning Pumped Storage Power Plant
28 Powerchina Limited 2021 Environmental, Social and Governance Report 29
Developing Clean Energy Hydropower Project
As of the end of 2021
With its extraordinary competitiveness in the field of water conservancy and hydroelectric
power, POWERCHINA has fully been participating in domestic and international
Bearing in mind the mission of "developing clean energy, creating a green environment, and serving smart cities", POWERCHINA hydropower projects , undertook the planning and design of most of the large and medium- Installed hydro power capacity
is committed to the new energy development, participating in the grand blueprint of the energy revolution. In 2021, POWERCHINA sized hydropower projects in China, and participated in most of the hydropower
has implemented the restructuring of new energy business and established POWERCHINA Renewable Energy Development construction in China and that of major large and medium-sized hydropower plants
Co. Ltd. to plan, coordinate and promote the development of the Company's new energy business; we have strengthened
the top-level design of our new energy business development, published the Implementation Plan for New Energy Business
in the world. In 2021, the number of major Hydropower projects undertaken by
POWERCHINA achieved commercial operation, and greatly contributes to the
6.4824 million kW
of Electric Power Enterprises, Guidance on the Integration of New Energy Investment, Construction and Operation of Electric optimization of energy structure.
Power Enterprises, Opinions on Strengthening and Improving the Investment Business of Electric Power Enterprises ; established YoY growth in 2021
a leading group and research center for new energy planning and research, promoted key technology research in new energy, On June 16, all 12 units of the Wudongde Hydroelectric Power Plant, which
new power systems and other industries, and accelerated the core capacity of biomass, geothermal energy and other new were constructed with the participation of POWERCHINA, were put into
businesses, actively explored the frontier technical reserves such as hydrogen energy, and effectively protect energy security and
sustainable development.
operation, reducing carbon dioxide emissions by 30.5 million tons per year,
which is equivalent to planting 85,000 hectares of broadleaf forests. 1.2 %
1
On June 28, the first unit of Baihetan Hydropower Plant designed
and built by POWERCHINA achieved commercial operation. It
is the world's largest hydropower plant in terms of construction
scale and unit capacity and the second largest in the world in
terms of installed capacity, with the reduction of carbon dioxide
emissions by 51.6 million tons per year.
○ On November 26, 2021, POWERCHINA Renewable Energy
2
Development Co., Ltd. establishment
On June 30 , the first unit of Kafue Gorge Lower On June 30, Yangfanggou Hydro-
Hydropower Plant achieved commercial operation. It power Plant, the first domestic EPC
is a model project of the "Belt and Road" implemented hydropower project over 1 million
Empowering Green Winter Olympics Case by POWERCHINA. It is also the first large hydropower kW implemented by POWERCHINA,
plant invested in the past 40 years and the largest achieved all generating units com-
infrastructure project at present in Zambia with the mercial operation, which can reduce
As of the end of 2021 reduction of carbon emissions by 3,189 tons during carbon dioxide emissions by about
On December 30, 2021, the first unit of Fengning Pumped Storage Power
Plant in Hebei achieved commercial operation— the world's largest pumped the construction period. 4.75 million tons and sulfur dioxide
storage power station designed and constructed by POWERCHINA. by about 34,000 tons.
Fengning Power Plant is a key green energy project supporting the 2022
Total installed capacity Beijing Winter Olympic Games, with a total installed capacity of 3,600MW. It is
the world's largest pumped storage power plant in terms of installed capacity, 4 3
energy storage capacity, underground plant size and underground cavern
17.3785 million kW
scale, and it provided the Beijing Winter Olympic Games a reliable guarantee
for 100% green power supply, which was the first time in the history.
Meanwhile, as the main regulating and adjusting power plant for the Beijing-
On September 29, the first unit of On October 9, Jinsha Hydropower Plant constructed by
Tianjin-Hebei power grid, the Power Plant has these "six functions": peak
Clean Energy Holdings grid-connected
regulation, frequency regulation, phase regulation, energy storage, system
backup and black-start. It is the "golden key" to hold up the energy and power
5 Lianghekou Hydropower Plant, the
largest hydropower project in the
POWERCHINA was fully completed and put into operation for
power generation, which can reduce carbon dioxide emission by
installed capacity Tibetan region in terms the scale of 2 million tons, sulfur dioxide by 6,000 tons, and nitrogen oxides
transformation of the Beijing-Tianjin-Hebei region, which is of great significance
construction and investment, which by 5,000 tons per year.
to ensuring the safety of the power grid, promoting the consumption and
was constructed by POWERCHINA,
14.2185
utilization of new energy, and boosting the ecological protection of the capital
achieved operation on schedule,
economic circle, and it contributes to the achievement of the "Carbon Peak,
million kW reducing carbon dioxide emissions by
Carbon Neutrality" goal.
21.3 million tons per year.
Proportion of Clean Energy 6 7 8
81.82 %
On September 28 , the Nam Ou River Cascade
Hydropower Plant in Laos invested and developed
by POWERCHINA, the first cascade hydropower
On December 30, the first unit of Fengning Pumped
Storage Power Plant in Hebei — the world's largest
pumped storage power plant constructed by
project invested by a Chinese enterprise overseas, POWERCHINA, was put into operation at full capacity.
was put into operation all cascades, and as of It can consume and absorb 8.7 billion kWh of excess
October 2021, the cumulative power generation electricity per year and generate 6.288 billion kWh
from all cascades has exceeded 7.9 billion kWh, of electricity per year, which can meet the electricity
○ Lower Reservoir of Hebei Fengning Pumped Storage Power Plant providing 12% power supply for Laos. consumption of 2.6 million households for one year. It can
save 480,000 tons of standard coal and reduce carbon
emissions by 1.2 million tons per year, the equivalent of
reforestation of more than 240,000 mu (about 16,000 m2).
30 Powerchina Limited 2021 Environmental, Social and Governance Report 31
Wind Power Project
Implementation Strictly observing the Law of the People's Republic of China on the Promotion of
Clean Production, the Law of the People's Republic of China on Environmental
Impact Assessment and other relevant laws and regulations, POWERCHINA
As of the end of 2021
of Green
POWERCHINA is taking great efforts to explore the wind power market: building
a new business system for offshore wind power, issuing the "Implementation Plan pursues resource conservation, pollution control and emission reduction in the
for Accelerating the High-Quality Development of Overseas Wind and Solar Power whole process of production and operation, striving to fight the battle for protecting
Business (2021-2025)", actively applying for building the State Key Laboratory of
Clean Energy and Offshore Wind Power, and systematically planning for the National
Production the blue sky, green water and clean soil. In 2021, the Company's pollutant up-to-
standard discharge rate reached 100%.
Energy R&D Center for Offshore Wind Power Safety Hazard Prevention and Control
Installed wind power capacity to provide support for the development of wind power business.
6.2845 million kW
Saving Energy and Resources
YoY growth in 2021
POWERCHINA carried out the Research on and Application of Identification and
Evaluation of Ecological and Environmental Pollution Sources and Risk Points in
18.9 %
Building Construction, Equipment Manufacturing and Power Generation & Operation,
promoting better green construction management, improving the control of key
energy-using units, key energy-consuming production processes, and equipment
by focusing on the control of total energy consumption. In addition, the Company
actively optimized production processes and production procedures, promoted
energy-saving technologies and methods to reduce the total energy consumption of
various types of energy and improve energy resource utilization.
○ Sachal Wind Farm Project in Pakistan — total installed capacity 49.5MW,
the first electric power project financed and launched under the China-
Pakistan Economic Corridor (CPEC)
Reducing Pollution Emissions
POWERCHINA strictly implements the relevant national requirements on pollution
Photovoltaic (PV) Project emissions, comprehensively promotes clean production, strengthens control
of pollution sources, carries out refined environmental protection management,
In addition to developing domestic PV business, POWERCHINA has also deeply
upgrades environmental protection technology, intensifies environment control and
explored the foreign PV market. In 2021, the Company has signed a number of
management of production processes, reduces pollutant emissions throughout the
PV power station projects including Yangon New Energy PV Project in Myanmar,
life cycle of projects, and lowers the burden of production on the environment.
Chirata Floating PV Project in Indonesia, EPC project of Chile PV power station,
and Phase II of Suriname Microgrid PV Project. Lingwu PV Power Generation Co.,
Ltd., a subsidiary of the Company, was awarded the 3A-level honor of PV power
generation enterprise by the Science and Technology Development Service Center
of China Electricity Council (CEC), and the Gauchari PV Power Station project in Atmospheric Pollution Prevention and Control
Jujuy Province, Argentina and the 233MW PV Power Station Project in Algeria
were selected as the Best Practice Cases in international energy cooperation at the POWERCHINA implements air pollution prevention and control in strict accordance
second "One Belt, One Road" Energy Ministerial Conference. with the Law of the People's Republic of China on Prevention and Control of Air
Pollution and other relevant laws and regulations on exhaust gas emissions,
and entrusts qualified third-party monitoring organizations to conduct regular
environmental monitoring, equips each project with portable environmental
As of the end of 2021 monitoring instruments for regular and irregular testing of construction sites, installs
online environmental monitoring instruments for real-time environmental monitoring,
and sets up physical protection and other measures to reduce the impact of
pollutants on the atmosphere.
Installed PV power capacit
1.4516 million kW
Water Pollution Prevention and Control
POWERCHINA strictly controls the discharge and treatment of wastewater in
accordance with the Law of the People's Republic of China on Water Pollution
Prevention and Control and local discharge standards. POWERCHINA sets up
YoY growth in 2021 waste-water treatment systems to collect and treat production wastewater until
meeting the threshold for discharge. POWERCHINA Chengdu Engineering Institute
○ Algeria 233MW PV Power Station developed a new technology for the deep treatment of IV grade water, which is able
12.4 %
to help bio-chemical systems to realize water discharge of TN<10mg/L, meeting
new requirements for IV grade water discharge.
32 Powerchina Limited 2021 Environmental, Social and Governance Report 33
Solid Waste Pollution Prevention and Control Biodiversity Protection
POWERCHINA strictly complies with the requirements of the Law of the People's
Republic of China on the Prevention and Control of Solid Waste Pollution, and revises
the relevant management system of the Company in a timely manner to ensure that In biodiversity protection and practice, POWERCHINA implements the ecological
solid waste management meets the latest national, local and industry requirements. concept of respecting nature, conforming to nature and protecting nature, follows
The Company reduces waste from the emission source, supervises and manages the laws of natural ecosystem succession and inherent mechanisms, and carries
the whole process of collection, storage, transportation and utilization of solid waste, out overall protection, systematic restoration and comprehensive treatment of
and conducts compliant transfer and treatment in accordance with the Technical ecosystems whose functions were damaged, degraded and weakened through
Specification for Collection, Storage and Transportation of Hazardous Waste. engineering and non-engineering measures.
Noise Pollution Control
POWERCHINA strengthens the management of sound environments. The Company
controls noise at sources through reasonable construction layout and construction
time arrangement as well as other measures, and also prevents noise pollution during
construction by using low-noise equipment, installing noise reduction barriers, and
setting no-noise signs, so as to minimize the impact of noise on the surrounding
environment.
Circular Economy Development
○ To protect the endangered wedge-tailed eagle, white-bellied sea eagle and
POWERCHINA strictly abides by the Law of the People's Republic of China on other rare birds, POWERCHINA introduced the world's leading technology
the Promotion of Circular Economy, actively implements the "14th Five-Year Plan" "eagle monitoring and protection system" in its Wild Cattle Hill Wind Farm,
for Development of Circular Economy of the National Development and Reform which was awarded the "Renewable Energy Innovation Award 2021" by the
Commission (NDRC) to develop a circular economy based on the three principles of Australian Clean Energy Agency.
reduction, reuse, and recycling, making resource utilization, gradient utilization and
recycling of various by-products generated in the production and service processes
to maximize resource recovery and utilization as much as possible.
Carrying out Ecological Public Welfare
Ecological Creating Green Environment POWERCHINA actively publicizes and implements the concept of environmental
protection, and leverages activities such as "Energy Conservation Publicity Week"
Environment POWERCHINA insists on the protection and restoration of the integration of mountain,
and "National Low Carbon Day" to organize energy conservation and environmental
protection publicity activities on the themes of "Energy Conservation, Carbon
Protection
Reduction, Green Development" and "Low-Carbon Life, Green Building Future". In
water, forest and farmland and the integration of lake and grass. By centering on the addition, the Company has carried out activities such as garbage sorting, voluntary
water system, POWERCHINA adheres to emission source treatment, overall planning tree planting and garbage cleaning on a large scale to convey ecological and
of water and land, zoning and overall advancement. Through river regulation, pipe environmental protection concepts to all walks of life.
network collection, ecological landscape and other projects, POWERCHINA realized
the governance objectives in terms of water security, water environment, water
ecology and water economy, and constructed a benign and stable ecosystem.
○ Maozhou River Basin Water ○ Fuhe River Estuary Wetland Water Quality
○ Garbage sorting game in the North Branch River Project of SINOHYDRO
Environment Comprehensive Purification Project
BUREAU 6 CO., LTD
Treatment Project
34 Powerchina Limited 2021 Environmental, Social and Governance Report 35
Society For A more
Eternal Beauty
POWERCHINA always keeps in mind its corporate social responsibility and
corporate citizenship, adheres to cooperative sharing business philosophy and
drives partners with its own development. The Company attaches great importance
to safe production, strengthens security responsibility system construction, builds
solid safety borderlines, adheres to people orientation, safeguards the rights and
interests of employees, and cares for the growth of employees; sincerely gives back
to the society, supports the development of the community, and creates good life
together with the stakeholders.
Deepening the win-win partnership 38
Adhering to the red line 40
Paying attention to talent development 42
Devoting to social welfare 44
○ Tibet Engineering Company holding the "Hand in Hand for Love" charity activity
36 Powerchina Limited 2021 Environmental, Social and Governance Report 37
Deepening In-depth Cooperation Between the Government Expanding Overseas Cooperation
and the Enterprise
the Win-win POWERCHINA firmly promotes the "three-step" strategy for the overseas business, focusing on water
Partnership POWERCHINA deeply integrates into and serves the strategy of national and
resources and environment, energy power, infrastructure, etc. In 2021, we have established third-party
market partnerships with a total of 51 renowned companies in 16 developed countries. A total of 75 third-
regional coordinated development, continuously strengthens the domestic key
party market collaboration projects about 50.323 billion US dollars are in construction and promotion.
regional market layout,and attaches great importance to government-enterprise
Making full use of the platform of the CIIC to sign cooperation agreements with HitachiABB Power Grid and
exchange cooperation. The Company works with governments and enterprises in
Vestas, POWERCHINA's overseas partner cooperation has achieved a series of pragmatic results.
the modern integrated transportation system, infrastructure construction, ecological
environmental governance, clean energy transformation and other fields, and such POWERCHINA has actively strengthened its localization construction, and the Company East and South
cooperation covers the entire industrial chain and is in multiple levels and various Africa Region actively cooperates with localized resources and European partners to promote project
areas. financing in East and South Africa Region; its West and Central Africa region has realized localization
of management personnel mainly in Cameroon; its Middle East and North Africa region has explored
In 2021, the Company has signed 21 strategic cooperation agreements with 13
cooperation with local companies in Saudi Arabia and Algeria to accumulate performance; its Eurasia
provinces (cities and districts), including Gansu, Jilin, Tibet and Guangxi, and with
region relocated to Serbia to firmly grasp market opportunities; its Asia Pacific region has taken the lead in
8 central enterprises, including China South-to-North Water Diversion Corporation
formulating the local work evaluation and management methods for regional subsidiaries and strengthening
Limited, CHINA HUANENG, CRRC, and CCCC. POWERCHINA exchanges
the integrated management of various personnel; its Vietnam subsidiary has improved the localization
visits with the five major power generation groups, SDIC, China Three Gorges
system in engineering, operation and maintenance, and equipment manufacturing; its Americas region has
Cooperation, China South-to-North Water Diversion Corporation Limited, CRTC,
deepened mutual trust with partners and promoted the localization process in Panama and Brazil.
CCCC and other large enterprise groups, and jointly signs the world's largest solar
power storage project with Huawei - the Saudi Red Sea Wind Energy & PV energy
Storage Integrated Project, joining hands with partners to complement each other's
advantages, attaining mutual benefit, sharing development opportunities.
Strengthening Exchanges and Mutual Understanding
21 In 2021, POWERCHINA has actively participated in the Boao Forum For Asia, International Infrastructure
strategic cooperation Investment and Construction Forum (IIICF), China-Africa Expo, 2021Clean Energy Expo China, Central
agreements were signed Enterprises' Work Conference for Aiding Tibet, etc., actively strengthened cooperation with all parties,
exploring multilateral cooperation paths, conjugating cooperation consensus.
○ On September 17-18, Ding Yanzhang, Party Secretary and Chairman of POWERCHINA, attended the cooperation ○ On April 25, 2021, Ding Yanzhang, Party Secretary and Chairman of POWERCHINA, attended
symposium of Yunnan and central enterprise projects and spoke at The 4th Digital China Summit
38 Powerchina Limited 2021 Environmental, Social and Governance Report 39
Adhering to POWERCHINA has thoroughly implemented the important remarks and instructions
of General Secretary Xi Jinping on safety production, insisted on "People first and
the Red Line
life first", firmly established the "red line consciousness" that development shall not
be sacrificed over safety, and resolutely achieved a serious system, strict prevention
at source, strict control in the process, and strict punishment in the consequences
as an important scale and important connotation of the Company's high-quality
development. In 2021, the Company had not a major production safety accident and
above, and several sub-companies and project departments won the "Advanced
Group of Electricity Safety Production", "Advanced Team of Electricity Safety
Production", and "National Youth Production Safety Demonstration Post" and other
honors.
○ Ding Yanzhang, Secretary of POWERCHINA's Party Committee and Chairman of the Board, carried
out safety supervision
Paying Close Attention to the Safety Management
Management system construction
Strengthening Emergency Management
Performing safety management construction "Continue to promote the
system standard depth landing year", the Company at all levels has developed
implementation plans, organized to carry out "System standard entering the field
and team", deepening "A post with a list", promoting "A post with an assessment"; The Company establishes the emergency coordination mechanism that works closely with the Emergency
completing the safety norms preparation missions entrusted by the National Energy Management Department, and establishes the information-sharing and alerting mechanism at various levels,
Administration, including "Standardized Implementation Specification for Safety through which the information of meteorological disasters and safety alerts can be transmitted to the front line
Production in Electric Power Construction "Anti-accident Measures for Safety in promptly, so that the front line workers could get prepared for emergencies at the earliest time possible; organizes
Electric Power Construction". the survey of geological disasters around the construction site and the living camp, comprehensive inspection,
timely maintenance and service of flood control machinery ensuring a good condition; organizes various types
of emergency drills including flood control, construction safety, collapse accident, fire-fighting safety, helping
employees master emergency-responding measures and improving emergency rescue and relief capabilities;
strengthens the construction of emergency response forces, sets up emergency teams in projects with longer
Standardization construction construction cycles and a greater number of construction machineries, and allocates part-time rescue personnel
and equipments as engineering rescue and relief forces. The Company has launched 8,598 rounds of emergency
Strengthening the construction of safety production, implementing the standardization drills throughout the year, and the Company’s emergency management ability was continuously strengthened.
review of sub-enterprises, self-examination reviews and self-assessment sampling.
HSE information system
Our HSE management information system has passed the acceptance successfully
and the construction has witnessed phased results and the trial operation is
progressing smoothly, with information technology means empowering the
standardization of safety production.
○ POWERCHINA Real Estate Group carrying out ○ STECOL Corporation launching tunnel
fire-fighting safety drills collapse emergency drill
The total investment in safety
production reached
Implementation of Inspection and Rectification
7.05516 POWERCHINA has organized and launched a special action for security risks and
Cultivating Safety Awareness
billion RMB. hidden dangers inspection and rectification, "Three-year action of special rectification
of safety production", risk prevention and removal of hidden dangers and other kinds
of safety inspection actions, and has deeply integrated "general and normalized" In 2021, the Company has further strengthened theoretical study on safety, organized the watching of the special
supervision and inspection into our daily safety production. In 2021, our total documentary "Life is more Important than Mount Tai - Studying the Important Discourse of General Secretary
investment in safety production has reached 705.516 million RMB. There were no Xi Jinping on Safety Production", carried out safety accident warning education, publicity and consultation day,
major or severe safety production accidents throughout the year, the foundation of "Ankang Cup" safety knowledge competition and other various "Safety production month" activities, creating an
safety production was strengthened and the level of safety production was effectively atmosphere of safety culture in all aspects of the enterprise with a production safety training coverage rate of
improved. 100%.
40 Powerchina Limited 2021 Environmental, Social and Governance Report 41
Paying Protecting Legitimate Rights and Interests Work Life Balance
Attention The Company strictly abides by the Labor Law and other applicable laws and The Company is committed to fostering "Happiness in POWERCHINA" atmosphere. By holding a variety of cultural and sports
to Talent regulations, and maintains the protection of legitimate rights and interests of
employees in an important position. The Company fully respects individual differences
activities for employees such as building cultural centers, organizing sports and competition activities, outdoor health activities,
networking activities, and entertainment evening parties, the Company assisted the employees to achieve work-life balance and
Development such as ethnicity, race, gender and religious beliefs, and resolutely opposes
employment discrimination; adheres to hiring in a compliant way, continuously
greatly enhanced the employees’ happiness and sense of belonging.
improves the Company's labor-management measures, and improves the multi-
level welfare protection system such as medical care system, protects employees’
legitimate rights and interests; establishes and improves the employment system,
including salary system, incentive mechanism, etc. to stimulate the entrepreneurial
vitality of employees; establishes a long-term mechanism to ensure the payment of
migrant workers’ wages, and effectively protects the legitimate rights and interests
of special groups.
Understanding numbers
in 2021 Helping Employees to Grow
○ The Company’s Senior College has held a cultural ○ Cultural and sports activities held by POWERCHINA
performance to celebrate July 1st Hydropower Development Group
The Company attaches great importance to talent development, continuously
Total number of employees: broadening the career development channels for employees of different fields and
levels, helping employees to grow and become talents, and realize their own value.
132,000
In 2021, the Company has prepared and published the "14th Five-Year Plan" Human
Resources (Talent) Plan and the Guidance on Construction of Career Development
Channel for Employees, Management Measures of Chief Technical Experts,
Management Measures of Special Technician, Chief Technician and Skill Expert
and other policy documents; set up the "Company Training Center", integrated the
functions of vocational skill appraisal center, and improved the vocational education Caring for the Life of Employees
Number of female employees: and talent training system; increased the incentives for those who have obtained
vocational qualifications, and stimulated the enthusiasm of employees to obtain
28,300
various vocational qualifications.
optimizing the working environ- The Company pays attention to special
ment of employees with special groups of employees, and makes every
types of work and providing labor effort to solve the problems of "first aid"
protection supplies; carrying out for them. The Company has set up
Ratio of female managers (Vice occupational health protection various grants to provide employees
Senior Title): lectures such as Law on Prevention with hardship relief such as the special
and Control of Occupational Helping subsidy for employees with difficulties
23.88 Diseases and Basic Knowledge employees in and the mutual aid fund for critical
of Health Manager; improving the Paying difficulties illnesses. The Company has carried
%
medical protection mechanism attention to out the "Golden Autumn Scholarship"
for employees, performing regular occupational activity to help with the education of the
occupational health checkups and health children of employees with difficulties;
maintaining effective management set up "Caring Stations" at the grass-
on employee health; performing roots level to make the workers' homes
"Spring Sprout Program of warmer.
Vaccination"and offering "Caring
Free Clinic" and other activities
to overseas employees to protect Caring for
employees' health in all aspects. employees
Carrying out in-depth "I do practical things for the masses" activities; organizing holiday
○ On October 25, 2021, POWERCHINA 2021 (Total No. 4) Country greetings for employees; setting up mother and baby rooms for female employees;
representative training course was officially opened establishing the "Workers' Mental Health Service Center", providing psychological
counseling to overseas employees through remote medical platforms, providing all-round
care for employees and building a warm-hearted home for them.
42 Powerchina Limited 2021 Environmental, Social and Governance Report 43
Devoting to Continue to Contribute to Rural Revitalization
Social Welfare POWERCHINA has studied and implemented the important instructions of General
Secretary Xi Jinping on rural revitalization, resolutely carried out the decision and
deployment of the Party Central Committee and the State Council, and fulfilled extra
the working requirements of "removing hats but not efforts" to the strict implementation
of the policy requirements of "four no-removals", thus achieving “five no-removals”.
We have prepared the 14th Five-Year Assistance Plan in Rural Revitalization and the
2021 Annual Implementation Plan for Assisting Rural Revitalization, further increasing
the assistance in education, medical care, employment, industry, consumption,
infrastructure, etc., and POWERCHINA has continued to deepen the efforts in key
areas of poverty alleviation such as Xinjiang, Tibet, and Yunnan to ensure that rural
revitalization achieves important results.
○ On September 17, 2021, Ding Yanzhang, Secretary of the Party Committee and Chairman of
POWERCHINA, was invited to attend the State-owned Enterprises' Conference on Aiding Tibet
and the Conference on State-owned Enterprises' Contribution to Quality Development in Tibet
Total investment of The number of cadres selected and
dispatched is
43.3053 56 Helping Xinjiang with Culture
million RMB for rural revitalization
POWERCHINA has thoroughly implemented the working requirements of General Secretary Xi Jinping
"Helping Xinjiang with culture", formulated the Implementation Plan for Conscientiously Implementing the
The number of industrial development The number of people who benefited Party's Xinjiang Governance Strategy in the New Era and Further Doing a Good Job in Aiding Xinjiang, and
projects is from vocational skills training is invested 15 million RMB to help build the Niya Culture Museum in Minfeng County, Xinjiang, to help Minfeng
48 3,178
County excavate the Niya culture, build the Niya ruins for the development of the ancient silk road culture
and tourism industry marked by the ancient country of Jingjue.
The investment in improving education
resources in the supported areas is
The number of people with disabilities
aided in the supported areas is
Caring Activities in Northern Yunnan
2,584,700 RMB 330 In response to the characteristics of the high incidence of diseases in Jianchuan County, Yunnan,
POWERCHINA has maintained the industrial revitalization according to the local conditions, investing 15
million RMB to assist in the construction of digestive disease prevention and control center, helping the
local specialized industrial development in combination with medical care business; continuing to promote
the dairy farming on a scale of ten thousand cows as well as 100,000 acres of pastoral planting projects in
Jianchuan, enhancing residents' income and local tax, driving the development of related industries.
Caring for Tibet
POWERCHINA is actively involved in the great cause of assisting and building Tibet
in the field of energy power, water resources and environment, infrastructure, and
other fields; selecting cadres aiding Tibet, and working in cooperation with Tibetan
State-owned enterprises to conduct projects, solving the employment problems of
local farmers and herdsmen, carrying out twinning support, and absorbing Tibetan
university graduates for employment. From talent assistance to technical assistance,
project assistance, and public welfare assistance for Tibet, POWERCHINA insists on
the concept of "blood transfusion" and "blood creation" in aiding Tibet and provides
a continuous source of vitality to Tibet. The Company has been awarded "Advanced
Unit Aiding Tibet", "Advanced Collective Aiding Tibet" many times, and many cadres
aiding Tibet have been awarded the honorary titles of "Excellent Staff Aiding Tibet" ○ POWERCHINA invested a total of 15 million ○ POWERCHINA has donated two manage-
and "Advanced Worker in Talent Aiding Tibet" among other honorary titles, which are RMB to help build the Jianchuan County ment boats of a novel type to Jianchuan
highly affirmed by the Organization Department of the Central Committee and other Digestive Disease Prevention and Control County, Dali Prefecture, Yunnan Province
relevant departments of the state. Center
44 Powerchina Limited 2021 Environmental, Social and Governance Report 45
Aids and Disaster Relief Against COVID-19
Aiding flood-striken Henan Case
Fighting the COVID-19 with one Resolution In July 2021, Henan has suffered a heavy downpour and the situation of flood prevention and relief was grim. After the
disaster occurred, POWERCHINA has conveyed and implemented the important instructions of General Secretary Xi Jinping
In the face of the complex situation of the repeated ups and downs of the epidemic in China, POWERCHINA fully supported the on flood relief, resolutely implemented the decision and deployment of the Party Central Committee and the State Council,
front line against the epidemic and organized human and material resources to fight against the COVID-19 at the earliest time and donated 10 million RMB; each subsidiary company has raised rescue materials, set up rescue teams, dealt with
possible. The Firefly Volunteer Service Team from SINOHYDRO Bureau 4 has participated extensively in various volunteer activities drainage and flooding, transferred people, blocked dikes, cleaned up mud, dredged rivers, and located hidden dangers,
to fight against the epidemic in different projects and communities, and performed outstandingly on the front line in Qinghai, which was fully committed to carrying out flood relief activities and assumed the due responsibility as a State-owned Enterprise.
was affirmed and commended by the Qinghai Provincial Committee of the Communist Youth League; SINOHYDRO Bureau 14has
provided 6 vehicles and more than 1,500 sets of "water horses" and “iron horses” (road obstacles) to help fight the epidemic in
Guangzhou; SINOHYDRO Bureau 15has established six temporary Party branches regarding epidemic prevention and control,
where more than 200 Party members took the initiative to go to the front line against COVID-19 in Xi'an. All units and departments
have shown the spirit and responsibility of State-owned Enterprises by acting as the "guard team" against the epidemic and the
"guardian" of the masses, and provided a strong guarantee for winning the battle of epidemic prevention and control.
○ The Zhengzhou Subway Line 8 Project Management ○ The Hebi Branch of the 6th Company of SINOHYDRO
Team of SINOHYDRO Bureau8 has successfully completed Bureau 9 has participated in the dike rescue and
rescue and support tasks at multiple subway locations successfully blocked the breach of the Weihe River
Contributing to Public Welfare in the Community
POWERCHINA has always adhered to its philosophy, giving back to the society with love, and continued to carry out "Candlelight",
"Firefly", "Ruo Shui", "Le Cheng" and other construction activities by young volunteer teams, actively organizing all kinds of
○ SINOHYDRO Bureau 3 offered Xi'an University of ○ Young volunteers from the Nanjing Project of public welfare activities, widely launched the campaign learning from Lei Feng, serving the "14th Game of PRC" and promoted
Technology supplies in support of the fight against the SINOHYDRO Bureau 5 assisted the community to carry the normalization as well as the institutionalization of young volunteers. The Company actively promotes local infrastructure
pandemic out epidemic joint prevention and control construction overseas, improves local people's living conditions, actively carries out donation activities to help local vulnerable
groups, and strives to improve local people's livelihood. In 2021, SINOHYDRO BUREAU 7 CO., LTD demonstrated its "China’s
sense of responsibility" in the construction of Pakistan Railways and was awarded the "National Best Volunteer Service Award
Learning from Lei Feng".
○ SINOHYDRO Bureau 14 has supported the epidemic ○ The Vietnam Offshore Wind Power Project Management
prevention and control work of Huadu District, Team of Zhongnan Engineering Corporation has organized
○ 248 volunteers of SINOHYDRO BUREAU 3 CO., LTD escorted the opening ceremony of the "14th. Game of PRC", and got
Guangzhou City a volunteer team to help the "Spring Sprout Program of
Vaccination" in Bac Liêu Province
highly appraised by the organizing committee
POWERCHINA has actively responded to the national call in the context of the global epidemic, and fully cooperated with
our embassies and consulates to promote the "Spring Sprout Program of Vaccination". All overseas companies carried out
volunteer services actively in Laos, Vietnam, Rwanda, Zambia, Algeria, and other countries and have set great examples as
"POWERCHINA".
Working Together on Disaster Relief
○ POWERCHINA’s representative in Cameroon Seg ○ POWERCHINA has organized a donation activity for the
POWERCHINA has fully utilized its professional advantage, committed to the rescue force and rushed to the front line in various (left) led volunteers to donate caring materials to primary school maría mbasogo ngüi in Equatorial Guinea.
disaster relief operations such as the heavy downpour in Henan, rainstorm in Shaanxi, mudslide in Shuangjiangkou, Sichuan, and ACENAMM Orphanage
earthquake in Yangbi, Yunnan.
46 Powerchina Limited 2021 Environmental, Social and Governance Report 47
POWERCHINA
Looking into the
Future
The 20th Congress of CPC is coming in 2022. It will be an important milestone that implies we will
embark on a new journey toward the Second Centenary Goal of comprehensively building a modern
socialist country. Corresponding to this, POWERCHINA will keep participating in social activities and
taking responsibility in an attempt to unfold a brand new chapter driven by higher quality.
A new journey unfolds a new mission, and a new duty calls for further actions. We will be a practitioner
focusing on high-quality development by adhering to the basic rule of prioritizing stability while
pursuing progress, highlighting the theme of high-quality development, and anchoring the corporation
transformation. We will also be an industrial leader by focusing on the main business, transforming
and upgrading the current business, persisting in innovation, and constructing high-quality projects.
We will be a guardian of the ecological environment by focusing on carbon-neutral and carbon peak
goals, strengthening pollution control work, and adhering to the green development concept. We will
also undertake social responsibilities to make efforts to better life, providing quality goods and services,
aligning interests with stakeholders, helping rural revitalization, and dedicating caring to society.
Working hard toward our great goals is “an uphill battle”. To participate in the new journey toward the
Second Centenary Goal , we will convert our mission and responsibilities to action, trying to act as a
top-ranked enterprise with a significant influence and a brilliant brand worldwide and welcoming the 20th
Congress with outstanding achievements!
○ The first 55m water depth offshore jack-up exploration test platform in China
48 Powerchina Limited 2021 Environmental, Social and Governance Report 49
Appendix Rate of economic contract fulfillment % 100
Operation in Number of compliance training sessions Sessions 58
Compliance
Table of Key Performance Number of participants in compliance training Ten thousand people 5.6
Supplier certification rate % 83.47
Classification Indicators Units 2021 Number of suppliers penalized (blacklisted) Number 85
Total assets Hundred million RMB 9639.77 Number of supplier training sessions Sessions 2
Operating income Hundred million RMB 4489.80 Supplier training participants Person/time 590
Total profit Hundred million RMB 167.49 Supplier training Hour 3
Responsible
Supply Chain
Net profit Hundred million RMB 134.58 Number of potential suppliers rejected for social
Number 0
responsibility non-compliance
Operating Debt to asset ratio % 75.09
28004
Performance Number of suppliers reviewed during the reporting period
Number
(number of declared suppliers )
Net profit attributable to the parent company Hundred million RMB 86.32
0
Number of suppliers whose cooperation was terminated
Number
State-owned capital preservation and appreciation rate % 109.11 due to social responsibility non-compliance
% 100
170.19
Responsible procurement ratio
Taxes paid Hundred million RMB
111
0.4979
Number of countries with management offices worldwide Number
Earnings per share RMB/share
Overseas 321
160.88
Number of management offices worldwide Number
Science and technology, R&D investment Hundred million RMB Presence
127
20695
Number of countries (regions) where we have operations Number
Number of scientific and technological R&D personnel Person
13.2
Ten thousand
Number of annual patent applications Item 4532 Number of employees
people
Number of annual patents granted Item 4275 Number of female employees
Ten thousand
2.83
people
428
6811
Number of provincial work methods Item
Number of employees of ethnic minority Persons
34
% 100
Number of National Engineering Awards Item
Employment contract signing rate
Science, 299
Number of Provincial Science and Technology
Technology Progress Awards attained
Item The social security coverage rate of employees % 100
Engineering
and Number of national and industry standards compiled
Item 126 Employee Number of employees with disabilities Persons 309
Management and completed
Rights
% 23.88
9
Proportion of female managers (associate senior title)
Number of participating in international standards Item
9584
Number of employees absorbed during the reporting
Number of national-level R&D institutions Number 8 period
Persons
Number of provincial-level R&D institutions Number 60 Localization ratio of overseas employees % 62.3
Number of software copyrights obtained Item 687 Number of paid vacation days per capita per year Day 8.3
Engineering quality acceptance rate % 99.71 Staff satisfaction % 100
Customer satisfaction % 94.11 Turnover rates of employees % 3.04
50 Powerchina Limited 2021 Environmental, Social and Governance Report 51
Total investment in safety production
Ten thousand
RMB
705516 Feedback
Safety production training coverage % 100
Number of production safety accidents Number 9 Dear readers:
Safety
Management Hello! Thank you for reading this report. We attach great importance to it and hope that you can evaluate POWERCHINA’s
Number of employee casualties Persons 13 2021 Environmental, Social and Governance Report and put forward your valuable comments. We will take your opinions and
suggestions as a matter of continuous propulsion of our social responsibility management and practice, and we promise to
0
Number of newly diagnosed cases of occupational protect your feedback information that is not obtained by third parties.
Item
diseases among employees
Number of emergency drills Time 8598 1.Do you think that this report reflects the significant influence of POWERCHINA on the economic, social, and environment?
〇Yes 〇Average 〇No
1839.15
Ten thousand
Total external donations
RMB
4330.53
Ten thousand
Total investment for rural revitalization 2.Do you think the identified stakeholders in this report and the analysis of their relationship to POWERCHINA is accurate and
RMB
comprehensive?
Materials as monetary contributions to rural revitalization
Ten thousand
165.37 〇Yes 〇Average 〇No
RMB
Number of cadres selected for special posts Persons 56
3.Do you think the information disclosed in this report is complete, accurate and clear?
Number of industrial development projects Item 48 〇Yes 〇Average 〇No
3178
Number of people who benefited from vocational skills
Persons
training
Harmonious 4.Do you think the overall framework of this report, the content design and the formal arrangement are convenient for reading?
222.08
Ten thousand
Society Subsidies for students in the supported areas 〇Yes 〇Average 〇No
RMB
Number of students in the supported areas Persons 1968
5.Do you think it is convenient to find information or topics you pay attention to in this report?
258.47
Investment in improving education resources in Ten thousand
supported areas RMB 〇Yes 〇Average 〇No
16.93
Investment in helping people with disabilities in supported Ten thousand
areas RMB
6.What is the overall impression of this report giving you in all aspects?
Number of people with disabilities in supported areas Persons 330 〇Very good 〇good 〇Average 〇very poor
Number of volunteers Persons 24560
7.Which information that you are interested in is not disclosed in this report?
Hours of volunteer service Hour 20016
7.97
Hundred million
Total investment in environmental protection 8.Do you have any opinions or suggestions for this report and Company in the future regarding compiling this Environmental,
RMB
Social, and Governance Report?
Ton of standard
0.75
Energy consumption of 10,000 RMB of operational
coal / Ten
income (comparable price)
thousand RMB
Environ- Contact us:
mental Nitrogen oxide emissions Ten thousand tons 1404.20 Brands and Social Responsibility Office, POWERCHINA
Protection
Sulfur dioxide emissions Ten thousand tons 1106.90 Address: No. 22, Chegongzhuang West Road, Haidian District, Beijing
Contact: Wang Hai
EIA approval rate of new construction projects % 100
Tel: 010-58367886
Pollutants reaching standard emission rate % 100 E-mail: wanghai@powerchina.cn
52 Powerchina Limited 2021 Environmental, Social and Governance Report 53
WeChat account of POWERCHINA
Scan the code to enter the subscription for more information
Address: No. 22, Chegongzhuang West Road, Haidian District, Beijing
Tel: 010-58367886
Website:https://www.powerchina.cn/