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PANDA GREEN ENERGY GROUP LIMITED Aligning with SDGs and IR

The Challenge

Panda Green Energy is one of the largest renewable energy investors and operators. It partners with the UNDP to proliferate the adoption of green energy in China and worldwide. With its entire business deeply rooted in environmental sustainability, it is no surprise that Panda Green Energy faces particularly high expectations when it comes to its sustainability efforts and disclosure practices.

Our Approach

We understand that the Company’s core business is closely aligned with the SDG no. 7 i.e. offering affordable and clean energy. However, this is not the only SDG that the Company has aligned with. By analysing its value chain, we have coherently explained how the Company’s operating activities have generated impacts to different stakeholder groups, both positive and negative. We then helped communicate fairly the efforts exerted by the Company and the entire 2016 report was closely aligned with the United Nations Sustainable Development Goals. Furthermore, a thorough internal and external stakeholder communication process was initiated to help Panda better understand key external concerns, besides formulating prominent internal efforts to address these concerns. Close interaction with managers in various departments also enabled us to help identify its main ESG risks and opportunities. An infographic based on Integrated Reporting was also created to demonstrate the Company’s business model.

Outcome

We managed to help Panda Green Energy produce an award-winning report (Report of the Year by an inaugural ESG Award) that not only adheres to GRI Standards and properly addresses stakeholder concerns, but also manages to effectively communicate the relevance of their work to sustainable development of the planet through close alignment with the UN SDGs.