Greenway’s 2025 ESG Report Signals Growing Readiness for Global Battery Regulations and Sustainable Supply Chains

China's Greenway’s 2025 ESG Report highlights its preparation for a more sustainable battery industry through climate management, renewable energy adoption, battery traceability, and responsible supply chain practices. The report signals growing readiness for evolving global battery regulations.

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Greenway’s 2025 ESG Report Signals Growing Readiness for Global Battery Regulations and Sustainable Supply Chains

Guangdong Greenway Technology Co., Ltd. has released its 2025 Environmental, Social and Governance Report, covering the period from 1 January to 31 December 2025. As the company’s second standalone sustainability report, it is prepared with reference to the Shanghai Stock Exchange Sustainability Reporting Guidelines (Trial), GRI Standards, and the United Nations Sustainable Development Goals.

The report arrives at a critical moment for the lithium battery industry. Regulatory developments such as the EU Battery Regulation, increasing customer requirements for carbon footprint transparency, and growing scrutiny of mineral sourcing and battery lifecycle management are reshaping global market expectations. Greenway’s disclosures therefore provide insight into how a mid-sized battery manufacturer is positioning itself for a more regulated and sustainability-focused global market.

Key Sustainability Themes and Disclosures

A central theme throughout the report is Greenway’s effort to align with emerging battery sustainability requirements. The Chairman’s Statement highlights the deployment of a self-developed Battery Passport system capable of providing batch-level traceability from raw material sourcing through production, usage, and end-of-life recycling. The company states that the system is designed to support compliance with EU battery regulations, including carbon footprint accounting and recycled content verification. This suggests that Greenway is moving beyond basic compliance and investing in systems that may become increasingly important for export competitiveness.

Climate management continues to mature. The company reports that it applies the TCFD framework to identify climate-related risks and opportunities and conducts annual greenhouse gas inventories. Total greenhouse gas emissions reached 21,547.16 tCO₂e during 2025, comprising 4,482.30 tCO₂e of Scope 1 emissions and 17,064.87 tCO₂e of market-based Scope 2 emissions. The report also discloses the purchase of 17,840 MWh of renewable electricity, representing a significant step toward reducing operational carbon intensity. Renewable electricity accounted for approximately 38.9% of total electricity consumption.

Resource efficiency and environmental management remain core operational priorities. Greenway reported total comprehensive energy consumption of 10,532.19 tonnes of standard coal equivalent, while energy intensity reached 3.85 tonnes of standard coal equivalent per million yuan of revenue. The company states that comprehensive energy consumption per unit of output value declined by approximately 25% compared with the previous year following multiple energy efficiency upgrades. Environmental governance is supported by ISO 14001 certification across all major operating sites, with no environmental penalties, complaints, or litigation reported during the year.

The report also highlights circular economy initiatives. Hazardous waste, battery waste, packaging materials, and manufacturing scrap are managed through structured collection, storage, transfer, and disposal systems. Greenway emphasises lifecycle responsibility and product traceability, reflecting increasing industry focus on battery recycling and extended producer responsibility requirements.

On the social dimension, workforce development appears to be a strategic priority. Greenway has implemented a three-tier talent development programme and continues investing in technical and management training. R&D expenditure reached RMB146 million during the reporting period, reflecting management’s view that technological innovation remains central to both business growth and sustainability performance. The company reported over 2,000 employees globally and maintains a 100% occupational health examination coverage rate. No incidents of child labour, forced labour, discrimination, or mental health incidents were reported during the reporting period.

Product responsibility is another notable area. The company maintains ISO 9001 and IATF 16949-certified quality management systems and reported a customer satisfaction score of 94.7 points. Given the safety-critical nature of lithium battery applications in electric mobility and energy storage systems, product quality management is likely to remain a key ESG consideration for customers and regulators alike.

Governance and Strategic Signals

Governance disclosures indicate a more structured ESG management approach than is often seen among similarly sized manufacturing companies. Greenway has established a formal ESG governance framework consisting of Board oversight, a Sustainability Committee, and dedicated working groups covering environmental governance, corporate governance, and social responsibility management. The company also completed a double materiality assessment during the reporting period, identifying 21 ESG topics and evaluating them based on both financial and impact materiality.

Business ethics and compliance continue to receive attention. The company requires all employees to sign its Code of Business Conduct and maintains whistleblowing channels for employees, suppliers, and business partners. Anti-corruption training achieved 100% coverage, and no incidents involving corruption, fraud, bribery, money laundering, conflicts of interest, or unfair competition were reported. Information security governance has also been strengthened through dedicated management systems, cybersecurity audits, and enhanced network security architecture.

What This Report Suggests About Future Direction

Greenway’s disclosures suggest a company preparing for increasingly demanding sustainability expectations across the global battery value chain. The development of its Battery Passport platform, product carbon footprint verification activities, renewable electricity procurement, and climate governance initiatives indicate growing readiness for regulatory frameworks such as the EU Battery Regulation.

Future priorities are likely to include expanding battery lifecycle traceability, improving supply chain transparency, increasing renewable energy consumption, and strengthening carbon footprint management. As customers increasingly request product-level sustainability data and responsible sourcing assurance, Greenway appears to be positioning itself as a supplier capable of supporting those requirements.

The report also suggests that ESG is becoming more closely integrated with business strategy. Investments in R&D, intelligent manufacturing, traceability systems, and sustainable supply chain management may provide both compliance benefits and competitive advantages as global battery markets continue to evolve.

Pacifica ESG View

Greenway’s 2025 ESG Report reflects a company transitioning from traditional environmental management toward regulatory-ready sustainability governance. The most significant signal is not emissions performance alone, but the company’s investment in battery traceability, carbon footprint management, and supply chain transparency. As battery regulations become increasingly stringent globally, stakeholders should monitor the expansion of Battery Passport capabilities, renewable energy adoption, lifecycle emissions management, and supplier sustainability performance.

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