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ENVIRONMENTAL,

SOCIAL, AND GOVERNANCE

REPORT 2023

Vice Chairman’s Message

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“Our dedication to the environment is demonstrated through continued investments in research and development that drive energy efficiency and minimize waste, noise, and our carbon footprint.”

Stephan Horst Pudwill

Vice Chairman

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TTI's ESG Approach And Strategic Framework

Sustainability is deeply ingrained in our decision-making process and overall strategy, leading to substantial value creation for all stakeholders across our four strategic drivers.

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ESG Timeline

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    • Launched our battery recycling partnership with Call2Recycle
    • Partnered with Envirostream and GRS Batterien and others in subsequent years
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    • Introduced and filed our first patent in the lithium-ion family
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    • Global Engagement with Habitat for Humanity
    • Became Global Partners in 2019
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    • Leadership Development Program was launched
    • Launched our first eco-packaging initiative
    • Published our first ESG Report, in accordance with the recommended disclosure of HKEX
    • Established our Environmental, Health, and Safety (EHS) Committee
    • Launched our internal training platform, Learn TTI
    • Established our ESG Working Committee
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    • Aligned our goals and targets with the United Nations Sustainable Development Goals
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    • Established our ESG Executive Committee
    • Became a member of the Responsible Minerals Initiative (RMI)
    • Published our Report with reference to GRI Sustainability Reporting Standards
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    • Became a Founding Member of Better Mining
    • Became a Community Member of GRI
    • Became a Supporting Member of Responsible Business Alliance (RBA)
    • Established our Group sustainability functions
    • Established our Global Diversity and Inclusion (D&I) Committee
    • Formalized our decarbonization strategy and announced our target of 60% reduction in Scope 1 and Scope 2 GHG Emissions by 2030
    • Began reporting against the Sustainability Accounting Standards Board (SASB)
    • Conducted our climate risk analysis in line with the Task Force on Climate-related Financial Disclosure (TCFD)
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    • Committed to setting Science-Based targets
    • Formalized waste target to achieve a 90% waste-diverted-from-landfill rate by 2030
    • Formalized the creation of the Sustainability Sub-Committee reporting up to the Audit Committee
Materiality Assessment Stakeholder Engagement