NEW VISION CO (Jiangsu New Vision Automotive Electronics Co., Ltd.) released its first Environmental, Social and Governance (ESG) Report, covering the period 1 January–31 December 2025 and approved by the board on 28 April 2026. The disclosure details environmental metrics, governance structure, supply-chain oversight and workforce data for the Hong Kong-listed auto-electronics supplier.
Governance and Compliance • The nine-member board includes 33.3% independent non-executive directors and 33.3% female directors. • Zero incidents of corruption, litigation or major regulatory violations were recorded in 2025. • Anti-commercial-bribery training was delivered across the organisation; internal and external whistle-blowing channels are in place.
Innovation and Quality Management • 84 new patent applications and 33 grants lifted the cumulative patent portfolio to 228; registered trademarks totalled 95. • Automotive software processes achieved ASPICE Level 3 certification. • The Yizheng manufacturing centre obtained ISO 9001 and IATF 16949 certifications; sample pass rate reached 99.86% and no product recalls occurred.
Supply-Chain Stewardship • Supplier base: 115 vendors (113 mainland China; 2 overseas); 100% signed the Sunshine Procurement Agreement. • Structural components are 100% localised; c.80% of electronic parts have domestic substitutes, and domestic FPGA chips entered mass production. • Annual audits completed for all Tier-1 material suppliers with no significant non-conformities.
Environmental Performance • Scope 1 emissions: 36.17 tCO2e; Scope 2: 2,173.33 tCO2e; combined intensity: 0.03 tCO2e per RMB10,000 revenue. • Scope 3 (selected categories): 73,288.38 tCO2e, dominated by purchased goods and upstream logistics. • Total energy consumption: 4.13 million kWh; energy intensity: 61.83 kWh per RMB10,000 revenue. • Green electricity purchases reached 1.12 million kWh, accounting for 16.8% of total power use and eliminating an estimated 874 tCO2e. • Water use stood at 6,852 tonnes (0.10 t per RMB10,000 revenue). • Waste generation: 1.20 tonnes hazardous (100% compliant disposal) and 3.60 tonnes non-hazardous (95% recycled). • Air-quality controls kept non-methane hydrocarbons at 0.12 tonnes and particulate matter at 0.02 tonnes; all discharges met national and internal limits. • Packaging-material consumption fell 18% year-on-year to 1,074.65 tonnes (0.02 tonnes per RMB10,000 revenue); reusable packaging reuse rate improved to 60%.
Climate Strategy and Targets • A low-carbon transition roadmap prioritises energy-efficiency upgrades, expanded renewable procurement and supply-chain decarbonisation. • Quantitative goals include a 5% reduction in water-intensity by 2027 (baseline 2024) and progressive green-power sourcing to exceed 25% of total electricity by 2026.
Workforce and Safety • Headcount: 457 employees (68% male, 32% female); turnover rate: 20%. • Average training time reached 40.5 hours per employee. • No work-related fatalities were reported; lost-time injuries totalled 522 hours. • ISO 45001 certification covers all operations; monthly inspections and emergency drills underpin occupational-health management.
Social Contribution • The company engaged in public-welfare programmes, including city-wide charity drives and partnerships with universities for talent cultivation, and co-drafted the national standard GB/T 46926-2025 for automotive vision-assistance systems.
The 2025 ESG Report underscores NEW VISION CO’s progress on corporate governance, resource efficiency and sustainable supply-chain localisation while outlining measurable targets for further carbon-emission and resource-intensity reductions.
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