In recognition of the severe challenges posed by global climate change and as a responsible corporate entity, Shanghai Global Advanced Technology (Shanghai) Co., Ltd. (GAT Aviation Manufacturing) has made a firm decision to actively participate in the Science-Based Targets Initiative (SBTi) for setting and validating emission reduction targets. We deeply understand that establishing and achieving these targets through scientific methods not only contributes to addressing global climate change but also drives our company's sustainable development, enhances our brand image, and strengthens our market competitiveness.
What did we do?
1. Specialized Team Formation: We have assembled a dedicated team responsible for thoroughly studying the SBTi standards and requirements to ensure that our emission reduction targets align with both scientific principles and our company's practical situation.
2. Resource Allocation: To ensure the smooth implementation of our emission reduction targets, we have invested necessary resources, including funds, technology, and manpower, to support the execution and continuous improvement of our reduction projects.
3. Capability Enhancement: We actively participate in SBTi training and exchange activities to continuously enhance our company's professional competence and level in emission reduction, ensuring that we stay abreast of international reduction trends and best practices.
4. Transparency and Oversight: We regularly disclose our emission reduction progress and accept social oversight to ensure the transparency and credibility of our targets, thereby enhancing public trust in our environmental commitments.
GAT Aviation Manufacturing is fully committed to participating in the SBTi and views it as a crucial opportunity to drive our company's green transformation and sustainable development.
To this end, we will:
1. Continuously Optimize Production: By constantly optimizing our production processes, improving energy efficiency, and reducing carbon emission intensity, we aim to achieve more efficient low-carbon production.
2. Increase R&D Investment: We will increase investment in research and development in areas such as low-carbon technologies and clean energy, exploring and promoting innovative solutions to support our company's low-carbon transformation.
3. Supply Chain Collaboration: We will closely collaborate with our supply chain partners to jointly promote the low-carbon transformation of the entire industry chain, achieving broader environmental benefits.
4. International Cooperation and Exchange: We will actively participate in international cooperation and exchange related to climate change, sharing our emission reduction experiences and achievements, and contributing our efforts to addressing global climate change while enhancing our company's influence in the international environmental field.
Audit Progress:
We has made initial progress in the SBTi audit, successfully passing the eligibility verification and proceeding to the technical screening stage. This is a recognition of our previous efforts and an encouragement for our future emission reduction commitments.
By participating in the SBTi and striving to achieve our emission reduction targets, we not only contribute to improving the Earth's environment but also distinguish ourselves in the fiercely competitive market, realizing our company's long-term development and prosperity. GAT Aviation Manufacturing will continue to uphold environmental principles, steadfastly promote low-carbon transformation, and contribute our efforts to building a better Earth home.