Handler’s 2024 ESG Report Highlights Green Innovation, Social Impact, and Strong Governance

Handler’s 2024 ESG Report Highlights Green Innovation, Social Impact, and Strong Governance

Xuzhou, China – Xuzhou Handler Special Vehicle Co., Ltd. (“Handler”) has released its 2024 ESG and Sustainability Report, showcasing significant strides in environmental innovation, social responsibility, and corporate governance. The report – Handler’s first sustainability disclosure – details the company’s progress in reducing its environmental footprint, supporting employees and communities, and strengthening governance practices, in line with global sustainability goals and rising investor expectations. Below we summarize the key achievements and commitments from the report.

Environmental Initiatives: Toward Low-Carbon Manufacturing

Handler’s 2024 report underlines a robust commitment to environmental sustainability. The company obtained product carbon footprint certification for its GKS28 aerial work platform in 2024, quantifying and validating the carbon emissions of this flagship equipment. In pursuit of cleaner energy, Handler installed 3.88 MW of rooftop solar photovoltaic capacity at its facilities, generating about 1,000,000 kWh of renewable electricity over the year. This solar initiative not only cuts emissions but also supports China’s “dual-carbon” goals of peaking carbon emissions and achieving carbon neutrality. In response to climate change risks, the company has begun assessing the potential impacts of climate change on its assets and supply chain, using these insights to craft mitigation and adaptation strategies for enhanced resilience. These efforts underscore Handler’s alignment with national climate targets and its contributions to the global fight against climate change.

Equally notable are Handler’s pollution reduction and resource efficiency measures. The report highlights a “paint-to-powder” conversion project in the manufacturing process, which virtually eliminated volatile organic compound (VOC) emissions from painting operations. By switching to high-efficiency powder coatings (with over 90% material recovery), Handler has significantly reduced VOC air pollution and hazardous paint waste. The company also promoted circulating water reuse in its product testing and debugging areas, minimizing wastewater and conserving water resources. As a result of these green upgrades, Handler’s production now generates fewer emissions and less waste, contributing to cleaner operations. Moreover, Handler maintained full compliance with environmental regulations in 2024 and bolstered its environmental management systems – the company is ISO 14001 certified for environmental management, reflecting a systematic approach to ecological responsibility. The report also notes the development of green products such as compressed-air foam fire trucks and liquid nitrogen fire trucks, signaling Handler’s focus on innovative equipment that supports low-carbon and emergency-response needs. These environmental initiatives position Handler as a leader in green manufacturing, integrating technological innovation with ecological stewardship.

Social Responsibility: Investing in People and Communities

Handler’s sustainability report showcases a strong social commitment, emphasizing employee welfare, community support, and customer satisfaction. Within its workforce, the company is fostering diversity and talent development. Women now comprise 12% of employees – a notable share in the specialized vehicle manufacturing sector – and Handler is actively working to balance gender representation. Employee training is another focal point: in 2024 each employee received an average of 66 hours of training through various programs, from skills certification to academic education. This dual-track training model (“management and professional” pathways combined with “academic advancement + skill certification”) has enhanced staff capabilities and career growth. The company delivered over 16,000 hours of training in total, including sessions on environmental protection and safety, to ensure a high-quality, knowledgeable workforce. As a result of its safety culture and rigorous training, Handler reported zero work-related fatalities in 2024 – an achievement reflecting the effectiveness of its occupational health and safety measures. Frontline workers benefit from a robust safety management system, and the firm holds ISO 45001 certification for occupational health and safety management, underscoring its commitment to maintaining a safe and healthy workplace.

Beyond the factory floor, Handler has extended its social responsibility to customers and communities. According to the report, customer satisfaction reached 99.09% in 2024 – the highest on record – indicating excellent product quality and service. The company contributes actively to public safety and social development initiatives. In support of China’s rural revitalization strategy, Handler focused on improving rural public safety and infrastructure resilience in 69 towns across 25 provinces during 2024. This included deploying specialized vehicles and solutions to enhance emergency response and utilities in underserved areas. Handler’s cutting-edge emergency equipment has proven its value in critical situations: the company’s emergency drainage and rescue vehicles were recognized as “Typical Cases for Application and Promotion of Safety and Emergency Equipment in 2024” by China’s Ministry of Industry and Information Technology. Handler regularly participates in emergency rescue efforts, dispatching service teams and maintaining a dedicated rescue squad for disaster response. For example, the firm has sent personnel and equipment to assist in major incidents such as flood relief and industrial accident responses, demonstrating a strong commitment to societal well-being. The company also engages in targeted philanthropy – the report notes donations (e.g. fire-fighting equipment to local brigades) to bolster emergency services in rural communities. Through these actions, Handler is leveraging its expertise to protect lives and support communities, aligning its social impact with the United Nations Sustainable Development Goals on quality education, decent work, and sustainable communities.

Governance and Innovation: Ensuring Integrity and Sustainable Growth

Handler’s governance framework in 2024 underscores integrity, accountability, and innovation as pillars of sustainable growth. The Board of Directors consists of nine members (including 3 independent directors and 3 female directors), bringing diverse expertise in finance, law, and corporate management to oversight roles. This composition strengthens strategic guidance and reflects a measure of gender diversity at the top. Throughout 2024, Handler recorded zero compliance violations or regulatory penalties, indicating a robust culture of ethics and legal compliance. The company places integrity at the core of its business conduct, enforcing a strict anti-corruption policy. All employees are required to uphold ethical standards, supported by training and accountability mechanisms. In fact, Handler held dedicated anti-corruption training (“integrity education”) sessions during the year to reinforce this culture, with 2 training sessions engaging over 200 personnel on ethics and fraud prevention. To further institutionalize good practices, the company’s management systems are internationally certified – notably, Handler maintains an ISO 45001 occupational health and safety management certification (complementing its ISO 14001 environmental certification) – ensuring that both employee safety and environmental responsibility are governed by rigorous standards. These governance efforts collectively build transparency and trust, which are crucial for investors and stakeholders.

Innovation management and intellectual property protection are also key aspects of Handler’s governance. The company’s R&D achievements have earned it national accolades, and it boasts a portfolio of 333 active patents (including 126 invention patents) as of the end of 2024. This strong patent portfolio evidences Handler’s commitment to technological innovation and protects its competitive edge in specialized vehicles. The sustainability report also provides disclosure of various ESG-related risks and the company’s responses. For instance, Handler evaluates climate-related risks (such as carbon pricing and extreme weather) that could affect its operations and supply chain, and has integrated these considerations into its risk management and strategic planning. By openly discussing climate risks and other ESG factors, the company is enhancing transparency and preparedness in line with best practices for listed companies. Additionally, Handler has strengthened sustainable supply chain practices as part of its governance ethos. In 2024 the firm undertook supply chain management improvements – including consulting projects to improve efficiency and vendor-managed inventory systems – and enforced supplier integrity by adhering to fair competition and anti-monopoly laws in procurement. The company emphasizes equal opportunity for small and medium-sized suppliers and ensures that environmental and ethical standards are upheld across its supply chain. Through these measures, Handler is building a resilient, ethical supply chain that supports its long-term sustainability objectives.

Conclusion: Aligned with Global Sustainability Goals

Handler’s 2024 ESG and Sustainability Report demonstrates comprehensive progress across environmental, social, and governance dimensions. The company’s initiatives not only yield measurable performance improvements – such as reduced emissions, high employee training hours, and zero safety incidents – but also align with broader sustainable development goals. The report explicitly references the United Nations 2030 Sustainable Development Goals (SDGs) as a guiding framework, linking Handler’s actions to global priorities like Climate Action, Clean Energy, and Industry, Innovation and Infrastructure. Many of the achievements support China’s national “dual-carbon” targets of carbon peaking and neutrality, from expanding solar power to cutting VOC emissions. By integrating ESG considerations into its core business strategy, Handler is meeting the rising expectations of international investors and regulators for transparency, accountability, and impact. The formal ESG governance mechanisms in place – combined with the company’s proactive stance on innovation and community well-being – position Handler as a forward-looking enterprise in the sustainable economy. In summary, the 2024 report portrays Handler as a company translating ESG commitments into concrete action, thereby creating long-term value for shareholders and stakeholders alike while contributing to a more sustainable and resilient future.

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