China Resources Power : Sustainable Development Report 2020

Powering	Life with
	Energy
Green

China Resources Power Holdings Company Limited

Sustainable Development Report

2020

About the Report

This is the 11th annual Sustainable Development Report published by China Resources Power Holdings Company Limited ("CR Power") for the year from January 1 to December 31, 2020.

Basis of Preparation

This Report is prepared with reference to the following important standards:

• Environmental, Social and Governance Reporting Guide as set forth in Appendix 27 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited issued by the Stock Exchange of Hong Kong Limited ("HKEx" )
• Sustainability Reporting Guidelines of the Global Reporting Initiative (GRI Standards)

• G u i d e l i n e s o n C o r p o r a t e S o c i a l Responsibility Reporting for Chinese E n t e r p r i s e s ( C A S S - C S R 4 . 0 ) - B a s i c Framework of the Chinese Academy of Social Sciences

• G u i d e l i n e s o n C o r p o r a t e S o c i a l Responsibility Reporting for Chinese Enterprises - Power Production Industry (CASS-CSR3.0)

• Guidelines to the State-Owned Enterprises Directly under the Central Government on Fulfilling Corporate Social Responsibilities released by the State - Owned Assets Supervision and Administration Commission of the State Council (SASAC)
• CR Group Social Responsibility Program Management Rules
• CR Power Social Responsibility Program Management Standards

Scope

This Report relates to China Resources Power Holdings Company Limited and its affiliates (see Organizational Structure at page 13), referred to herein as "We," "the Company," or "CR Power."

W e h a v e e n g a g e d a n i n d e p e n d e n t third party to provide assurance of 16 performance indicators in this Report . See pages 4-5 for the Assurance Report.

2010	2012	2014
2011	2013	2015

Access to this Report

This Report is available on the HKEx website (www . hkexnews . hk) and the CR Power website (https://www.cr-power.com/power_ en/SocialResponsibility/Sustainable/).

For any enquiries, comments or suggestions about this Report, please contact:

Hong Kong Head Office: Room 2001-2002, 20/F, China Resources Building, 26 Harbour Road, Wanchai, Hong Kong

Tel: [phone]

Fax: [phone]

Investor Relations Hotline: [phone]

E-mail:[e-mail]

Shenzhen Head Office: 52/F, China Resources Building, 2666 Keyuan South Road, Nanshan District, Shenzhen

Tel: [phone]

Fax: [phone]

E-mail:[e-mail]

Website: www.cr-power.com

Feedback

For any comments or suggestions, please send an email to [e-mail] or cr- [e-mail], or scan the QR code below to help us improve this Report.

2016

2018

2020

20172019

01

CONTENTS

About the Report

Assurance Report

Letter from the Chairman

CR Power in 2020

About Us

01

04

06

08

10

16	30		38
Low-Carbon		Risk and Safety		Bold Attempts at
Development:		Management:		Innovation:
Expanding Clean	Solidifying		Accelerating the
Energy		Development		Transition
Investment		Foundation		toward
		Boosting Compliance	32	Innovation-
		driven
Responding to Climate		Preventing Operational
		Development
	18
Change	Risks	34
Improving Environmental		Enhancing Safe		Improving
Management	23	Production	35	Competence	40
Promoting Circular				Improving Quality
Economy	28			of Service	44
				Enhancing Cooperation
				and Mutual
				Development	46

02	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

50	60	66
Pursuit of		A Better		Maintenance
Excellence:		Society:		of Persistence:
Maintaining		Creating		Promoting a
Growth		Harmony		Culture of
through		through Joint		Responsibility
Cohesion		Efforts		Deepening Social
Building a Fair Work		Fighting the COVID-19		Responsibility
Platform	52	Pandemic	62	Management	68		74
Achieving Work-Life	58	Joining Efforts for a		Facilitating		A Glance at the Future
Balance	Well-off Society	63	Communication of		Appendix	75
				Our Responsibilities	70	Major Social Responsibility	75
				Targeted Responses		Awards Received
				to Issues	72	Key Performance Indicators	77
						Key Policy List	80
						Rating Report	82
						Report Index	84
						Report Preparation Team	86

03

Assurance Report

Independent Practitioner's Limited Assurance Report

To the Board of Directors of China Resources Power Holdings Company Limited

We have been engaged by the Board of Directors of China Resources Power Holdings Company Limited (the "Company") to perform a limited assurance engagement in relation to the selected data listed below and identified

with an asterisk [*] on page 77 to 79 (the "Selected Sustainability Information") in the Company's Sustainability Report for the year ended 31 December 2020 (the "2020 Sustainability Report").

Selected Sustainability Information

The details of the Selected Sustainability Information are listed below:

Selected Sustainability Information#

1. Nitrogen Oxides (NOx) emissions (kt)
2. Nitrogen Oxides (NOx) emissions rate (g/kWh)
3. Sulphur Dioxide (SO2) emissions (kt)
4. Sulphur Dioxide (SO2) emission rate (g/kWh)
5. Particulates emissions (kt)
6. Particulates emissions rate (g/kWh)
7. Installation rate of desulfurization device in coal-fired thermal power plants (%)
8. Installation rate of denitrification device in coal-fired thermal power plants (%)
9. Natural gas consumption (Million cubic meters)
10. Diesel consumption (kt)
11. Coal consumption (kt)
12. Net generation coal consumption rate (g/kWh)
13. Purchased electricity (MWh)
14. Carbon dioxide emissions (kt)
15. Carbon emission intensity in power generation (g/kWh)^
16. Carbon emission intensity in thermal power generation (g/kWh)

#	Assurance scope refers to the power plants indicated by on page 14 - 15 in the "About Us" section, and also the
	Zhuhai Heating Unit.

• In addition to the coal-fired power plants in the assurance scope, the power generation figure included in the calculation of this key performance indicator also includes other renewable energy power plants controlled by the Group.

Our limited assurance was with respect of the year ended 31 December 2020 Selected Sustainability Information only and we have not performed any procedures with respect to earlier periods or any other elements included in the 2020 Sustainability Report and, therefore, do not express any conclusion thereon.

Reporting Criteria

Responsibilities of the Board of Directors

The criteria used by the Company to prepare the Selected Sustainability Information is set out in the footnotes of "Key Performance Index" on page 77 to 79 of the 2020 Sustainability Report (the "Reporting Criteria").

The Board of Directors is responsible for preparing and presenting the 2020 Sustainability Report in accordance with the Reporting Criteria. The responsibility includes designing, establishing and maintaining appropriate internal control system for preparing, obtaining and presenting the Selected Sustainability Information in the report, applying an appropriate basis of preparation, making estimates that are reasonable in the circumstances, ensuring the accuracy and completeness of the Selected Sustainability Information, and maintaining sufficient records.

04	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Our Responsibilities

In accordance with the agreed terms with the Company, we are responsible for performing a limited level of assurance engagement on the Selected Sustainability Information in the 2020 Sustainability Report. Our work is only for the Board of Directors, and for no other purposes. We do not assume responsibility or accept liability to any other person or third party for our work or the contents of this report.

Our Independence and Quality Control

We conducted our engagement in accordance with the independence and other ethical requirements of the Code of Ethics for Professional Accountants issued by the International Ethics Standards Board of Accountants, which is founded on fundamental principles of integrity, objectivity, professional competence and due care, confidentiality and professional behavior.

Our firm applies International Standard on Quality Control 1, "Quality Control for Firms that Perform Audits and Reviews of Financial Statements, and Other Assurance and Related Services Engagements" and accordingly maintains a comprehensive system of quality control including documented policies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements.

Basis of Our Work

We conducted our work in accordance with the International Standard on Assurance Engagements 3000 (Revised), "Assurance Engagements other than Audits or Reviews of Historical Financial Information" (the "Standard"), issued by the International Auditing and Assurance Standards Board. We planned and performed our engagement to obtain all the information and evidences which we considered necessary to form conclusions.

Procedures, Scopes and Limitation of Our Work

Our work performed includes interviewing personnel responsible for the 2020 Sustainability Report, analyzing information, and other steps to collect evidence . Specifically, our procedures include:

• Interviewing management and staff responsible for the Selected Sustainability Information;

• Assessing the Selected Sustainability Information in the 2020 Sustainability Report against the Reporting Criteria;
• Establishing acknowledgement of Selected Sustainability Information regarding the 2020 Sustainability Report with the Company to perform this limited assurance engagement;
• Analyzing sampled data, reviewing its consistency with our work results;
• Did not perform any testing on the Continuous Emission Monitoring System of the Company.

The extent of evidence gathering procedures performed is less than that of a reasonable assurance engagement and therefore a substantially lower level of assurance is provided. Our work performed is not for the purpose of expressing an opinion on the effectiveness of the Company's internal control. Moreover, historical data and financial information are not within the scope of our work.

Inherent Limitations

Non-financial performance information, including the Selected Sustainability Information, is subject to more inherent limitations than financial information given both its nature and the methods used for determining, calculating, sampling and estimating such information. This could have a material impact on comparability. Qualitative interpretations of relevance, materiality and the accuracy of such information are subject to individual assumptions and judgements.

Conclusion

Based on our work performed, nothing has come to our attention that would lead us to believe that the Selected Sustainability Information have not been prepared, in all material respects, in accordance with the Reporting Criteria.

This is translation of the Chinese language version of the Independent Assurance Report. If there is any conflict between the Chinese and English version, the Chinese version will prevail.

Deloitte Touche Tohmatsu

Certified Public Accountants

Hong Kong

26 April 2021

05

Letter from the Chairman

2020 was an extraordinary year; it was a year CR Power made tremendous progress and breakthroughs in fighting against the COVID-19 pandemic, securing grid connection, maintaining stable growth, promoting reform and innovation, and at the same time strengthening corporate governance. Only in hard times can courage and perseverance be manifested, and only after polishing can a piece of jade be finer. During the year, in addition to stepping up efforts toward a globally competitive, world-class clean energy provider, we voluntarily assumed our social responsibilities and strived to maximize comprehensive economic,

Wang Chuandong

Chairman of the Board of Directors

social and environmental values for all stakeholders. In 2020, we further increased the proportion of renewable energy in our business, accelerated the shift towards an integrated energy service provider, and gained significant growth in our operating results over 2019 and made remarkable achievements in supporting poverty alleviation. We also won a number of honors, including but not limited to Asian Power Awards, Hong Kong Green Award and China Research Base for Energy High-Quality Development, and was incorporated into the Hang Seng ESG 50 Index and the Hang Seng Corporate Sustainability Benchmark Index for the first time.

Low-carbon development: Expanding clean energy investment

Given China's commitment to achieve carbon neutrality by 2060, we have been making active efforts to seize major opportunities for the energy and power industries brought about by the country's peak carbon emission and carbon neutrality targets and strategic ones created by the nation's energy restructuring, and to promote the transition to renewable energy for a clean and low-carbon energy structure . In 2020, attributable operational generation capacity of our new grid-connected wind and photovoltaic power projects hit a record high of 4,447 MW; attributable operational generation capacity mix of our renewable energy projects rose to 25.9% from 13.1% in 2015; average standard coal consumption rate decreased by 11g/ kWh compared with 2015; and all coal-fired generating units realized ultra-low emissions. We also enhanced research on our carbon emission reduction and carbon neutrality strategy and plan, incorporated energy conservation and emission reduction targets and measures into the Company's 14th Five-Year Plan, and discussed and formulated the Company's roadmap and schedule for achieving peak carbon emissions and carbon neutrality. In addition, the carbon capture test platform (CCTP) established by us, the first international multi-technology CCTP for coal-fired power plants in Asia, successfully captured more than 10,000 tons of high-purity carbon dioxide, providing valuable practices in the research and application o f c a r b o n c a p t u r e a n d s t o r a g e t e c h n o l o g i e s . D u r i n g t h e y e a r , the Company invested RMB1.499 billion in environment protection, including RMB1.27 billion in energy conservation and emission reduction transformation.

06	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Bold attempts at innovation: Accelerating the transition toward innovation-driven development

We have been accelerating the shift towards innovation-driven development by moving into new areas and mastering new technologies. In 2020, we invested around RMB151 million in R&D and were granted 132 new patents. To improve energy efficiency, we put into operations or under construction 17 distributed energy projects and participated in eight energy storage projects and eight integrated energy service projects. We were actively involved in China's power system reform and endeavored to expand our power sales market by signing contracts with 7,804 customers and holding an equity interest in 15 provincial power trading centers around the country. In addition, we set up a work team to research on hydrogen energy and its long-term strategic direction. We have been focusing more on driving industry progress through our own development. To this end, we have been seeking to establish extensive strategic alliances and close partnerships with government a u t h o r i t i e s , c o m p a n i e s , a n d universities to develop more highly skilled talents, offering fresh impetus for the development of the industry. We have been integrating our projects more with the local and surrounding communities and implementing the circular economy by encouraging the subsidiary thermal power plants to explore the application of biomass coupling power generation technology in treating industrial and environmental wastes. As at the end of 2020, 14 of our coal-fired power plants have implemented waste incineration, achieving a symbiotic balance between their own and social development.

Pursuit of excellence: Maintaining growth through cohesion

We have been strengthening safe production management. For this purpose, we have built a strong awareness of safe production and safety risk prevention, consolidated the foundation of safe production management, and enhanced the performance of safe production responsibilities of our subsidiary companies. In 2020, we invested about RMB143 million in safety production and 90% of our corporate safety indicators reached advanced levels of the industry. Following a people- oriented and meritocratic policy, we recruited diverse talents and provided promotion channels and training systems for the employees, enabling all of them to receive leadership and professional skill trainings, with an average training time of 49.5 hours per employee. In addition, we have been optimizing the organizational structure to create an environment that is more conducive to the growth of both the Company and the employees.

A better society: Creating harmony through joint efforts

During the critical moments of the COVID-19 pandemic in 2020, as an immediate response to the country's call for pandemic prevention and control, we took measures according to local conditions to ensure power and heat supply. At the same time, we leveraged on our own resource strengths to donate relief supplies to help defeat the pandemic. We also made best efforts to protect the lives and health of the employees. As a result, no case of infection was reported among our employees across the country. Ensuring employment of residents was a top priority for the nation during the year. In strict compliance with the country's policies and requirements, we continued with our efforts on preventing and

controlling the pandemic, resuming work and production, and maintaining stable growth. In particular, we recruited 790 employees via online and offline channels to bolster employment in areas where our construction or operational projects are located, and led upstream and downstream companies in creating employment opportunities for about 10,000 migrant workers. In 2020, the final year for a decisive victory in poverty alleviation, we took many measures, such as supporting distinctive industries, improving roads and other infrastructures, and promoting agriculture and animal husbandry in poor areas, local employment, and agricultural product processing and sales, to help improve the living standards of the impoverished people, achieving sustainable poverty alleviation. During the "13th Five-Year Plan" period, we contributed more than RMB200 million in poverty relief funds, covering more than 18,000 impoverished families. In 2020, the Company made donations of about RMB175 million through pandemic prevention and control, poverty alleviation, student aid, support for the elderly, environmental protection, community co-building, and other efforts, as well as participating in the establishment of schools by CR Group in poverty-stricken areas around China.

The growth and development of CR Power are built upon the hard work and efforts of each employee and are highly expected and followed by all stakeholders. In 2021, which is a year for us to continue to move forward, we will capture development opportunities, stimulate organizational vitality, improve core competitiveness, and increase operating efficiency to strive towards our targets; we will also continue to create value and contribution for all stakeholders and take practical actions to contribute to the green and sound development of the society.

April 2021

Excellence of Pursuit Innovation at Attempts Bold Management Safety and Risk Development Carbon-Low

Society Better A

Persistence of Maintenance

07

CR Power in 2020

Environmental Performance

Total Assets

HKD259.63 bn

Turnover

HKD69.55 bn

Net Generation Volume of Subsidiary Power Plants

154,944 GWh

Attributable Operational Generation Capacity

43,365 MW

Profit Attributable to Owners of the Company HKD7.583 bn

Total Heat Supply

112.00 kTJ

Social Performance

08	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Net Generation Standard Coal Consumption		Investment in Efficiency and Emission Upgrades
Rate (Subsidiary Coal-fired Power Plants)
		1.270
296.0 g/kWh		RMB	bn
Sulfur Dioxide Emission Rate		NOx Emission Rate
0.07 g/kWh		0.12 g/kWh

Particulate Emission Rate 0.01 g/kWh

Economic Performance

Safety Investment	New Graduates Employed
RMB	143	mn	319
Total Number of Employees	Total Tax Paid
21,611
RMB6,137 mn

Charitable Donations

RMB175 mn

09

About Us

CR Power was established in August 2001 and listed on the Main Board of the HKEx in November 2003 (stock code

1. . CR Power's businesses mainly cover wind power, thermal power, hydroelectric power, photovoltaic power, distributed energy, power sales, integrated energy services, and coal mining.

As at the end of December 2020, CR Power had total assets of HKD259.63 billion and total controlled generation capacity of 55,371 MW, with its businesses covering 30 provinces, autonomous regions, municipalities, and special administrative regions. The Company has been listed in the S&P Global Platts Top 250 Global Energy Companies and Forbes Global 2,000 for 14 consecutive years, ranking 109th and 1,043rd, respectively, in 2020.

Wind Power

Thermal Power

10	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Photovoltaic Power

Hydroelectric Power

Distributed
Energy	Integrated Energy Services

11

Excellence of Pursuit Innovation at Attempts Bold Management Safety and Risk Development Carbon-Low

Society Better A

Persistence of Maintenance

As of the end of 2020

3 Executive Directors

3 Non-executive Directors

10 Directors in Total

4 Independent Non-executive Directors

C R P o w e r h a s b e e n i m p r o v i n g i t s g o v e r n a n c e s t r u c t u r e a n d management system in line with the Corporate Governance Code in Appendix 14 of the Main Board Listing Rules of the HKEx. CR Power's Board of Directors is mainly responsible for improving the governance framework, m a k i n g o v e r a l l s t r a t e g i c p l a n s , setting long-term performance and management targets, supervising t h e p e r f o r m a n c e o f t h e S e n i o r Management, assessing the operations of the Company and auditing various risks.

The diversity of members of the Board of Directors is one of the important contributing factors for the sustainable development of the Company. The Board of Directors are required to consider the Board of Directors' diversity policy, including but not limited to the requirements on gender, age, cultural and educational backgrounds, professional experience, skills, knowledge and service tenure, when reviewing the composition and selection criteria of the Board of Directors and seeking qualified candidates of directors. The Company has two female directors.

				Governance Structure
General Meeting of Shareholders
	1
Meetings of the Board of Directors
				7
				Shareholders
Nomination Committee Meetings
		2
Sustainability Committee Meetings
		2
Audit and Risk Committee Meetings	Sustainability			Nomination
Committee			Committee
			4
Remuneration Committee Meetings		Board of
		2			Directors
				Audit and Risk			Remuneration
				Committee			Committee

Senior

Management

12	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Organizational Structure

China Resources Power

Holdings Company Limited

Technical Research

Institute

Rundian Information

Company

Rundian Investment

Company

South	Central	East	Western	North	Region	Region
Region	Region	Region	andCentral	Region
China	China	China	Region	China	Northern	Northeast
Company	Company	Company	Company	Company	Company	Company
Regional	Regional	Regional	Regional	Regional	Regional	Regional

Strategic Investment

Department

Construction Management

Department

Operations Management

Department

Marketing Department

Fuel Management

Department

Finance and Accounting

Department

Human Resources

Department

Environment, Health and

Safety Department

Procurement Management

Department

Audit Department

Legal Department

Administrative Office

Intelligence and Informatization

Management Department

Supervision Department

Mass Affairs Department

Inspection Office

Excellence of Pursuit Innovation at Attempts Bold Management Safety and Risk Development Carbon-Low

Society Better A

13

Persistence of Maintenance

Business Distribution

Jiangsu

Changshu (1,950.0MW) △

Changzhou Gas (103.0MW) △

Huaxin (660.0MW) △

Nanjing Banqiao (660.0MW) △

Nanjing Chemical

• Industry Park (670.0MW) △ Nanjing Thermal (1,200.0MW) △ Tongshan (2,000.0MW) △ Xuzhou (1,280.0MW) △ Yangzhou No.2 (1,260.0MW) Zhenjiang (1,540.0MW) △ Nantong Wind (65.5MW) Yancheng Wind (44.0MW) Huai'an Photovoltaic (10.0MW) Suqian Photovoltaic (20.4MW)

Henan

Dengfeng (1,840.0MW) △

Gucheng (600.0MW) △

Jiaozuo Longyuan (1,320.0MW) △

Shouyangshan (1,200.0MW) △

Anyang Wind (241.4MW)

Biyang Wind (183.5MW)

Dingbian Wind (50.0MW)

Fengqiu Wind (40.0MW)

Huaxian Wind (194.0MW)

Linying Wind (65.0MW)

Luohe Wind (30.0MW)

Lushan Wind (28.6MW)

Neihuang Wind (410.0MW)

Queshan Wind (40.6MW)

Shangqiu Wind (20.0MW)

Tanghe Wind (192.7MW)

Wugang Wind (36.0MW)

Xinye Wind (12.5MW)

Yanshi Wind (30.0MW)

Yexian Wind (60.7MW)

Zhoukou Wind (2.5MW)

Zhumadian Wind (2.0MW)

Guangdong

Guangzhou Thermal (600.0MW) △

Haifeng (2,000.0MW) △

Huilai Wind (133.5MW)

Leizhou Wind (100.0MW)

Lianzhou Wind (300.0MW)

Lianzhou Wind Phase II (20.0MW)

Lufeng Wind (66.0MW)

Shantou Chaonan Wind (145.9MW)

Shantou Haojiang Wind (18.0MW)

Shantou Wind (29.3MW)

Xinfeng Wind (50.0MW)

Xinyi Wind (39.0MW)

Xuwen Wind (100.0MW)

Yangjiang Wind (89.8MW)

Yangjiang Wind Phase II (45.5MW)

Fogang Wind (50.0MW)

Haifeng Photovoltaic (4.0MW)

Yingde Photovoltaic (29.2MW)

Zhuhai Photovoltaic (4.2MW)

Hubei

Hubei (600.0MW) △

Hubei Phase II (2,000.0MW) △

Yichang (700.0MW) △

Guangshui Wind (109.8MW)

Suixian Tianhekou Wind (404.8MW)

Suizhou Fengming Wind (76.5MW)

Suizhou Wind (49.8MW)

Yicheng Wind (190.2MW)

Zaoyang Bailu Wind (40.0MW)

Zaoyang Wind (161.3MW)

Zhongxiang Wind (9.0MW)

Hebei

Bohai Xinqu (700.0MW) △

Cangzhou (660.0MW) △

Caofeidian (600.0MW) △

Caofeidian Phase II (2,000.0MW) △

Tangshan Fengrun (700.0MW) △

Yundong (700.0MW) △

Chengde Weichang Wind (246.0MW)

Fucheng Wind (50.0MW)

Handan Wind (100.0MW)

Linzhang Wind (50.0MW)

Mulanweichang Wind (150.0MW)

Qinhuangdao Wind (100.0MW)

Caofeidian Photovoltaic (11.4MW)

Shandong

Heze (1,200.0MW) △

Dezhou Wind (50.0MW)

Dongying Wind (100.0MW)

Feixian Wind (119.4MW)

Haiyang Wind (267.5MW)

Jining Wind (49.5MW)

Jüxian Wind Phase I (50.0MW)

Jüxian Wind Phase II (50.0MW)

Linyi Wind (86.0MW)

Linyi Wind Phase II (50.0MW)

Penglai Daliuhang Wind (49.8MW)

Penglai Daxindian Wind (49.8MW)

Qingdao Wind (118.0MW)

Qingdao Wind Phase I (50.0MW)

Qingdao Wind Phase II (50.0MW)

Rizhao Wind (48.6MW)

Weihai Huancui Wind (50.0MW)

Weihai Wind (50.0MW)

Wulian Wind Phase I (50.0MW)

Wulian Wind Phase II (50.0MW)

Yantai Penglai Wind (46.6MW)

Yantai Wind (48.0MW)

Zibo Wind (38.0MW)

Zoucheng Wind (44.0MW)

Inner Mongolia Autonomous Region

Dengkou (600.0MW) △

Xilinguole (1,320.0MW) △

Jingneng Xilinguole (1,320.0MW)

Bayinxile Wind (198.0MW)

Manzhouli Wind (49.5MW)

Manzhouli Wind Phase II (49.5MW)

Wulanchabu Hongmu Wind (49.5MW)

Thermal power

Wind power, hydro-electric power, photovoltaic power

Power sales

Integrated energy services

Xinjiang

Autonomous

Region

Gansu

Qinghai

Tibet

Autonomous

Region

Sichuan

Yunnan

14	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Heilongjiang

Jilin

Inner Mongolia

AutonomousLiaoning

Region

Beijing

Hebei Tianjin

Ningxia	Shanxi
Autonomous
Region	Shandong

Shaanxi Henan

Jiangsu

AnhuiShanghai

Hubei

Zhejiang

Hunan Jiangxi

Guizhou

Fujian

Guangxi

Autonomous

Region Guangdong

Hong Kong

Liaoning

Panjin (700.0MW) △

Jinzhou Thermal (660.0MW)

Shenhai Thermal (600.0MW) △

Beipiao Wind (240.1MW)

Fuxin Wind (99.0MW)

Fuxin Wind Phase II (97.5MW)

Jianping Wind (99.0MW)

Jinzhou Wind (48.0MW)

Linghai Wind (90.0MW)

Guangxi Autonomous Region

Hezhou (2,000.0MW) △

Beiliu Wind (46.2MW)

Cangwu Wind (50.0MW)

Rongxian Wind (130.0MW)

Yulin Wind (8.9MW)

Hezhou Photovoltaic (6.0MW)

Zhejiang

Cangnan (2,000.0MW) △

Wenzhou Telluride (660.0MW)

Wenzhou Photovoltaic (12.1MW)

Zhejiang Photovoltaic (6.1MW)

Guizhou

Guizhou Liuzhi (1,320.0MW)

Jianhe Wind (152.0MW)

Jinping Wind (22.0MW)

Kaili Wind (50.0MW)

Liping Wind (254.0MW)

Shanxi

Datong Guangling Wind (100.0MW)

Datong Wind (198.0MW)

Datong Yanggao Wind (129.0MW)

Guxian Wind (19.5MW)

Linfen Wind (99.0MW)

Xinrong Wind (60.0MW)

Xinzhou Wind (120.0MW)

Zhongyang Wind (220.0MW)

Datong Photovoltaic (20.0MW)

Lanxian Photovoltaic (30.0MW)

Xinrong Photovoltaic (50.0MW)

Hunan

Liyujiang A (600.0MW) △

Liyujiang B (1,300.0MW) △

Lianyuan (600.0MW) △

Linwu Wind (68.0MW)

Anhui

Fuyang (1,280.0MW)

Mingguang Wind Phase (50.0MW)

Suixi Wind (50.0MW)

Huaibei Photovoltaic (5.9MW)

Huoshan Photovoltaic (18.0MW)

Ningxia Autonomous Region

Haiyuan Wind (300.0MW) Haiyuan Photovoltaic (90.0MW)

Gansu

Guazhou Wind (201.0MW) Huanxian Wind (50.0MW)

Heilongjiang

Fujin Wind (50.0MW)

Jiamusi Wind (43.5MW)

Anda Photovoltaic (120.0MW)

Tailai Photovoltaic (20.0MW)

Shaanxi

Baoji Wind (100.0MW)

Tongguan Wind (49.4MW)

Yan'an Wind (50.0MW)

Yunnan

Honghe Hydro (210.0MW)

Midu Photovoltaic (20.3MW)

Zhaotong Photovoltaic (20.1MW)

Sichuan

Yazuihe Hydro (260.0MW) Heishui Photovoltaic (30.0MW)

Jiangxi

De'an Wind (48.0MW)

Dingnan Wind (49.5MW)

Ganzhou Nankang Wind (64.0MW)

Ruichang Wind (36.0MW)

Xiajiang Wind (82.0MW)

Fujian

Changting Wind (46.0MW)

Hui'an Wind (26.0MW)

Longyan Wind (48.0MW)

Minqing Wind (30.0MW)

Fuqing Photovoltaic (14.2MW)

Fuzhou Photovoltaic (8.1MW)

Jingwei Photovoltaic (7.0MW)

Beijing

Beijing Thermal (150.0MW) △

Qinghai

Dachaidan Wind (50.0MW) Delingha Photovoltaic (20.0MW)

Tibet Autonomous Region

Jiangzi Photovoltaic (20.2MW)

Jilin

Nong'an Wind (40.0MW)

Shanghai

Shanghai Gas (2.4MW) △

15

Excellence of Pursuit Innovation at Attempts Bold Management Safety and Risk Development Carbon-Low

Society Better A

Persistence of Maintenance

Proportion of attributable operational generation capacity of renewable energy projects

25.9%

Total environmental investment

RMB1.499 bn

Investment in efficiency and emission upgrades RMB1.27 bn

Comprehensive ash and slag utilization rate

88.96%

Carbon emission intensity in power generation 726 g/kWh

Carbon emission intensity in thermal power generation 834 g/kWh

16	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

UN Sustainable Development Goals

Low-Carbon

Development

Expanding Clean Energy Investment

Climate change has become a key concern to be reckoned with by the world and will have a profound impact on global economic and social development. At the 75th Session of the United Nations General Assembly, Chinese President Xi Jinping announced that China will scale up its Intended Nationally Determined Contributions by adopting stronger policies and measures, aiming to have CO2 emissions peak by 2030 and achieve carbon neutrality by 2060. CR Power is well aware that each company has the obligation and responsibility to take measures to respond to climate change. For this reason, we have incorporated the impact of climate change into the Company's decision-making, continuously increased the proportion of renewable energy business, and strengthened environmental stewardship and pollution control to support the development of green and low- carbon industries and provide green power for the green and low-carbon development of society.

Affordable and

Clean Energy

1

CR Power Actions

1

During the 13th Five-Year Plan period, we invested heavily in renewable energy, mainly in wind power, and the attributable operational generation capacity of renewable energy grew at

1. 5-yearCAGR of 19.9% from 4,535 MW in 2015 to 11,238 MW in 2020 and the proportion of its installed capacity grew from from 13.1% in 2015 to 25.9% in 2020;

We have discussed and developed an action plan for achieving peak carbon e m i s s i o n s a n d c a r b o n neutrality. According to the plan, the Company will continue on a clean and low-carbon development path to optimize its asset structure and further raise the proportion of installed c a p a c i t y o f r e n e w a b l e energy projects.

Climate Action

2

2

The Company has been strengthening carbon asset m a n a g e m e n t , t r a c k i n g policy and operational risks related to climate change, engaging in carbon trading, and developing carbon c a p t u r e t e c h n o l o g i e s . R u n t a n T e c h n o l o g y C o . , L t d . , o n e o f i t s subsidiaries, has completed carbon verification and is qualified and capable to independently carry out third - party carbon verification; the Carbon Capture Test Platform (CCTP) at Haifeng Power Plant has successfully captured more than 10,000 tons of high- purity carbon dioxide;

We have fully identified a n d r e s p o n d e d t o potential climate risks and opportunities by drawing up risk mitigation measures for climate change.

17

Responding to Climate Change

As a firm supporter of China's peak carbon emissions and carbon neutrality targets, CR Power has been transitioning toward renewable energy to achieve a low-carbon energy structure and increasing energy efficiency to reduce carbon emissions.

At the same time, CR Power has been tracking policy and operational risks related to climate change, engaging in carbon trading, and developing carbon capture technologies, in a bid to drive the transformation of the Company through technologies.

Identifying Risks and Opportunities

Risks and Opportunities from Climate Change

By identifying and assessing climate change risks, the Company has identified risks associated with laws and regulations, technology, market, reputation, and other risks and opportunities arising from climate change. In 2020, through risk identification and assessment, external threat and internal weaknesses assessment, control measures assessment, and risk confirmation, the Company fully identified the impacts and challenges of climate change, formulated risk mitigation measures for climate change, and regularly reviewed risks and applicability of response measures for them, thereby forming a closed-loop control process for climate change risks.

Case Study

Responding to Flood Risk in the Yangtze River Basin

In July 2020, the heavy rainfall for days elevated the water level of the Yangtze River. CR Power's power plants along the Yangtze River basin immediately made flood prevention arrangements according to their corresponding emergency plans. To ensure safe production, they enhanced on-site safety management and potential risk investigation, performed monitoring, early warning and information reporting, strengthened information sharing, and maintained the availability of emergency supplies and an emergency shift system.

Thanks to its accurate predictions, the shipping division of Jiangsu Banqiao Power Plant started the 24-houron-duty shift for berthed ships one week in advance. The marine engineers increased inspection of ship equipment, and the dispatchers strengthened detection of leakages in the inner slope of the dikes. Potential hazards to equipment were eliminated in a timely manner to ensure that the equipment was functioning well.

Changshu, Zhenjiang, Changzhou and Huaxin Power Plants in Jiangsu Province as well as Xiantao Project and Yichang Power Plant in the Central China Region took precautions by setting up a task force for flood control and rescue to ensure their immediate involvement in flood control and disaster relief work. Through efforts such as special and training for flood control, they strived to maintain continuous, stable, safe, and reliable power supply to the public during flood prevention.

Identified Risks and	Solutions
Opportunities
Carbon trading			• Strictly controlling investment in high-
and other	policies	carbon emission projects such as coal-
to be released	by	fired power plants
China will add			• Strengthening the R&D, application
carbon emission	and promotion of green production
costs to	coal -			technologies
fired power			• Continuing with the R&D of carbon
plants					capture technologies
					• Institutionalizing and standardizing
					measures on energy conservation and
					emission and carbon reduction
China's	targets	of	• Tracking progress in the formulation
carbon neutrality	by	of China's 14th Five-Year Plan for
2060 and peak carbon	the energy and power industries and
emissions	by 2030	timely following the development of
m a y p u s h	u p	t h e	important policies by the competent
Company's	operating	industry authorities
c o s t s , e s p e c i a l l y	• Incorporating policy risks that may
environment-related	affect the operation and development
costs for coal-fired	of coal-fired power plants, into the risk
power plants			management process
Policy on	tightening	• Regularly following changes in the
renewable	energy	policies on renewable energy subsidies
subsidies	will lower	• Pre-reviewing potential projects in a
investment returns			more professional, accurate and forward-
					looking manner, carefully reviewing
					boundary conditions, and revealing the
					key risk points of the projects
					• Seriously performing the internal
					decision-making procedures of the
					Company and managing the process for
					investment projects and timely following
					up the review of the invested projects
					Risks
					Opportunities
Expecting	significant	• Expanding renewable energy projects in
potential	growth in	all target markets to rapidly increase the
installed	wind and	proportion of their installed capacity

photovoltaic capacity in the next five years

18	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Making a Clear Action Plan

With carbon emission control as its top priority, CR Power has developed the Action Plan for Peak Carbon Emissions and Carbon Neutrality by mapping out the path according to its own particular conditions and incorporating the intended targets and measures into its 14th Five-Year Plan. Estimated to reach peak carbon emissions in 2025, CR Power strives to increase

the installed capacity of its renewal energy projects by 40 GW, making the proportion of such installed capacity exceed 50% by the end of 2025. CR Power will continue on a clean and low-carbon development path to optimize asset structure and further raise the proportion of installed capacity of renewable energy projects for a quick transition in energy structure.

Clean Expanding	Carbon-Low
Investment Energy	Development
	ManagementSafety and Risk

CR Power's Action Plan for Peak Carbon Emissions and Carbon Neutrality

Strictly	controlling new	thermal	P u t t i n g m o r e e f f o r t s o n t h e
energy	conservation and	emission
power	projects,	investing	heavily
r e d u c t i o n o f t h e r m a l	p o w e r	Continuously seeking breakthroughs
in clean energy,	and transforming
plants,	strengthening	internal	in carbon capture technologies;
the Company into a comprehensive

clean energy provider;	management, and reducing energy
consumption;

I n c r e a s i n g e f f o r t s o n t h e	Strengthening the linkage of	Engaging	in afforestation
p r o g r a m s , g r e e n i n g t h e
development of carbon assets such		the power, carbon and green
	land and	reducing carbon
as CCER;		certificate markets; and
	emissions.

at Attempts Bold

Innovation

Excellence of Pursuit

Proportion of attributable operational generation capacity of renewable energy

%

Over 50%

25.9%

23.3%

17.1%20.1%

13.9%

2016

2017

2018

2019

2020

2025

19

Society Better A

Persistence of Maintenance

Advancing Strategic Transition

Further Improving Energy Efficiency

CR Power is committed to strategically transitioning to renewable energy by continuously creating economic and social value during this process and investing more in wind, photovoltaic and other clean energy projects. CR Power's attributable operational generation capacity of renewable energy projects1 surged by 147% from 4,535 MW in 2015 to 11,238 MW in 2020, representing 25.9% of its total installed capacity, up from 13.1% in 2015. Based on its current installed capacity and forecast of new capacity in the next five years, CR Power's total carbon emissions is expected to peak by 2025.

CR Power has greatly promoted the construction and commissioning of onshore wind farms and the development of a pipeline of potential offshore wind projects, recording an annual growth of 4,168 MW in grid-connected wind capacity; in terms of photovoltaic power generation, CR Power has hastened efforts to develop, stockpile, construct, and connect to grid projects, reporting an annual growth of 279 MW in grid- connected photovoltaic capacity. As of the end of 2020, the projects filed by CR Power amounted to more than 5 GW.

Attributable operational		Attributable operational
generation capacity of		generation capacity of grid-
operational wind power projects		connected wind power projects
10,396MW		13,456MW
Attributable operational		Attributable operational
generation capacity of		generation capacity of
operational photovoltaic		grid-connected photovoltaic
power projects		power projects
562MW		742MW

To build a safe and efficient energy system, cut carbon emissions, and increase energy efficiency, we have developed and implemented the Supervision and Management Rules for Energy Conservation and Emission Reduction Programs and established a leading group to oversee energy conservation programs and to set energy conservation goals.

Net generation coal consumption rate (subsidiary coal-fired power plants)

g/kWh
305.0	303.2	299.5
	296.6
		296.0
2016	2017	2018	2019	2020

Organization building

The leading group is responsible for overseeing energy conservation programs and supervising and evaluating their implementation. Each regional company and project company has also set up corresponding positions responsible for daily management and supervision. The Strategic Investment Department of the Company is responsible for setting new energy targets.

Target management

CR Power has formulated energy-saving plans and, in view of industry characteristics and domestic and international benchmarks, set appropriate management and evaluation targets, which are cascaded down to subsidiary companies, departments and teams. CR Power monitors and periodically reviews energy

Breakdown of

attributable

operational

generation

capacity

Wind power: 10,396 MW

Photovoltaic power: 562 MW

Hydroelectric power: 280 MW

Gas-fired power: 182 MW

Coal-fired power: 31,945 MW

consumption data to continuously enhance energy management.

Case Study

Energy Conservation Technology Transformation of Guangzhou Power Plant

In 2020, CR Power's Guangzhou Power Plant modified the flow path of the steam turbine of its generating units by adopting the latest steam turbine design technology to the high-, medium- and low-pressure flow paths of Turbine No.1, which is estimated to save about 13,600 tons of standard coal per year; and using an electromechanical speed controller for the first time in the world to control the speed of the generating units' feed pump,

1 Renewable energy includes wind, photovoltaic, and hydroelectric power.

projected to save around 4,088 tons of standard coal per year.

20	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Strengthening Carbon Asset Management

Clean Expanding	Carbon-Low
Investment Energy	Development

Carbon trading is a market-based approach for reducing greenhouse gas (GHG) emissions worldwide and promoting the global transition to a low - carbon economy . In November 2020, the Ministry of Ecology and Environment issued the Measures for the Administration of National Carbon Emissions Trading (for Trial Implementation), further specifying the management rules and supportive system for carbon market development. In view of China's regulations on carbon asset management, CR Power has prepared and promulgated its Carbon Asset Management Standards, Guidelines for Preparation of Carbon Emission Reports, and other internal rules. They are intended to standardize carbon asset verification and management and improve the professionalism of carbon asset management practices such as assessing, verifying and monitoring carbon emissions and tracking, meeting and trading emission quotas.

In 2020, CR Power consolidated organization and capacity building and launched regional pilot carbon trading in order to fully engage in carbon trading and promote the national carbon market.

Organization building

CR Power has a carbon asset m a n a g e m e n t m o d e l a n d standardized the performance of carbon reduction obligation by its thermal power projects a n d t h e d e v e l o p m e n t a n d m a n a g e m e n t o f i t s n e w e n e r g y - b a s e d c a r b o n emission reduction projects. C R P o w e r ' s H e a d q u a r t e r s , r e g i o n a l c o m p a n i e s a n d project companies have set up dedicated or part - time staff positions to manage carbon assets. Under a multi-

level management model, the Headquarters is responsible f o r f o r m u l a t i n g r u l e s a n d r e g u l a t i o n s , s u p e r v i s i n g services, allocating resources, and conducting internal and external collaboration, while regional companies and project c o m p a n i e s i n d e p e n d e n t l y c o m p l e t e a c c o u n t i n g o f carbon assets, performance of carbon reduction obligations, and carbon trading under the unified supervision and guidance of the Headquarters.

Capacity building

CR Power has periodically organized trainings on carbon asset policies, capacity building, and major trading processes of the national carbon market including the calculation and

allocation of emission quotas, trading, and performance, allowing for easier entry into the carbon market and more e f f e c t i v e m a n a g e m e n t o f carbon trading.

Pilot trading

All regional companies have innovated in carbon trading models and reasonably allocated their carbon assets to reduce their performance costs. In 2020, CR Power had five pilot carbon trading projects, namely Guangzhou Power Plant, Haifeng Power Plant, Puqi Power Plant, Yichang Power Plant, and CR Golden Concord (Beijing) Thermal Power Plant, which provided experience for CR Power to fully engage in carbon trading.

21

Management Safety and Risk

at Attempts Bold

Innovation

Excellence of Pursuit

Society Better A

Persistence of Maintenance

Exploring CCUS Technology

To date, carbon capture, utilization and storage (CCUS) is one of the technologies that allow us to substantially reduce GHG emissions. The UN Intergovernmental Panel on Climate Change (IPCC) has identified CCUS as one of the most important technologies for coal-fired power plants to achieve their 2050 GHG emissions reduction goal. Keeping up with international GHG emission policies and technologies, CR Power has established its first international multi-technology CCTP for coal-fired power plants in Asia at Haifeng Power Plant to explore the practical application of CCUS.

The CCTP at Haifeng Power Plant, composed of pretreatment, amine - based absorption, membrane separation, and compression and purification systems, has successfully captured more than 10,000 tons of high-purity carbon dioxide.

Successfully capturedmore than

10,000tons

of high-purity carbon dioxide

Technical Process for CCUS

Lowers the temperature of flue gas from a power plant, further reduces the content of sulfur dioxide, nitrogen oxides, acid mist and other pollutants in the flue gas, and mitigates their corrosion of the carbon capture device and impact on capture efficiency.

Pretreatment unit

Amine-based absorption device

In the absorption tower and desorption tower, amine liquid reacts with carbon dioxide in the flue gas, finally producing gas with pure carbon dioxide content of more than 99% that meets the standards for industrial utilization.

Upon being separated and purified through a three- stage membrane module, high-purity carbon dioxide gas is finally produced.

Membrane separation device

Compression and purification unit

After further compression, cooling, dehydration and impurity removal, the liquefied carbon dioxide is stored in the corresponding industrial-grade storage tank or food-grade storage tank according to its purity.

Our Cutting-Edge Explorations:

While profit maximization is not part of its commercial goal, the CCTP at Haifeng Power Plant has publicly introduced new carbon capture technologies for testing and demonstration with partners, in order to seek the best solution to reduce the cost and technical risks of the project. Under an industry-university-finance- research collaboration model, the project has cooperated with institutions - China Energy Engineering Group Guangzhou Electric Power Design Institute Co., Ltd., UK-China (Guangdong) CCUS Centre, Technology Centre Mongstad (TCM) in Norway, and US National Carbon Capture Center - in producing world-leading technological achievements and exploring sustainable CCUS business models.

The CCTP will continue to conduct research on low-carbon industries in Guangdong Province as well as in the rest of China. It will also look for potential corporate, university and institutional partners, hold regular seminars on CCUS, and invite representatives from upstream and downstream companies and experts to discuss potential development opportunities and plans for the project. In addition, the CCTP will apply to become a provincial and national engineering laboratory, strive to develop itself into a high-quality and representative industry-university- research collaboration project, build CCUS industries in Guangdong Province and in the rest of China, and integrate industry-university- research resources for technology demonstration.

22	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Improving Environmental Management

Committed to the philosophy of "seeking economic development not at the cost of ecological environment", we have been doing our utmost to protect and improve the environment while providing the society with safe and stable power and heat supply. For harmonious coexistence with nature, we have set environmental management indicators, established a sound environmental management system, and developed innovative environmental protection technologies.

Environmental Management Indicators

CR Power sets quantitative annual environmental management indicators, breaks down its strategic goals into actionable tasks in day-to-day operations, reviews the annual achievement of the goals, and timely adjusts the priority and direction of future operations.

Environmental Management Indicators

Clean Expanding	Carbon-Low
Investment Energy	Development
	Management Safety and Risk

	Proportion of renewable
	energy (%)
2020 Goals	29%

25.9% for operational renewable energy and

2020 Achievements 31.1% for grid-connected renewable energy; goal achieved

Proportion of operational

2021 Goalsrenewable energy (%):

31%

	SO2 emissions
2020 Goals	2% lower than in 2019

-9.84% YoY (on a

2020 Achievements comparable basis); goal achieved

2021 Goals

Lower than in 2020

Net generation standard coal consumption rate (subsidiary coal-fired power plants)

(g/kWh)

0.1% lower than in 2019

296 g/kWh (-0.6 g/kWh or -0.2% YoY); goal achieved

YoY decline

NOx emissions

2% lower than in 2019

-5.49% YoY (on a comparable basis); goal achieved

Lower than in 2020

Pollution incident of major or higher impact

0

0; goal achieved

0

Particulate emissions

9.5% lower than in 2019

-14.18% YoY (on a comparable basis) goal achieved

Lower than in 2020

at Attempts Bold

Innovation

Excellence of Pursuit

			Comprehensive energy
		Chemical oxygen	consumption rate per RMB
		demand (COD) emissions	10,000 of output value (tons
		(tons)	of standard coal)
2020	Goals	Lower than in 2019	3% lower than in 2019
2020	Achievements	55.02 tons (-53.58% YoY);	3.67 tons (-8.19% YoY);
goal achieved	goal achieved
2021	Goals	Lower than in 2020	3% lower than in 2020

Comprehensive energy consumption rate per RMB 10,000 of industrial added value (tons of standard coal)

2% lower than in 2019

8.57 tons (-14.47% YoY); goal achieved

2% lower than in 2020

Society Better A

Note: 1 As of the end of 2020, the attributable operational generation capacity of wind, hydroelectric and photovoltaic power projects added up to 11,238 MW, accounting for 25.9% of the total. Some wind and photovoltaic power projects were grid-connected near the end of 2020 and have been put into commercial operation after passing trial operations in early 2021. The substantive construction and grid connection of these projects were completed before the end of 2020. As a result, by grid-connected capacity, the attributable operational generation capacity of renewable energy projects reached 31.1%. In 2021, the Company will aim to increase the attributable operational generation capacity of renewable energy projects by 3.9 GW.

2 NOx emissions in 2020 amounted to about 19,700 tons , a slight YoY increase, if including those from Caofeidian Phase II project, Cangzhou Yundong Power Plant project and Wujianfang project. The above data has excluded the impact of the above three projects.

23

Persistence of Maintenance

Environmental Management System

CR Power has in place the CR Power 6-StarEnvironment, Health, and Safety Management System. Incorporating many of the elements of international standards such as ISO 14001 and covering all phases of the PDCA (Plan-Do-Check-Act) model, this system is more applicable to its organizational management process and business priorities. CR Power and its subsidiaries are required to observe this system in their environmental management. In accordance with international agreements such as the Paris Agreement and the Convention on Biological Diversity, CR Power has formulated internal policies such as Environmental Protection Principles1, Ecological Protection Standards, Detailed Supervision and Management Rules for Energy Conservation and Emission Reduction Programs. In addition, CR Power has encouraged and supported its subsidiaries to become ISO 14001 certified for environmental management systems ("EMS"). This has been achieved by subsidiaries including CR Power Northeast Power Engineering Co., Ltd.

Coverage of ecosystem protection risk investigation in 2020:

100%

Proportion of operational coal-fired generating units achieving ultra-low emissions in 2020:

100%

Hours of trainings for	Total hours of
employees:
596,024	EHS trainings
	organized
Hours of trainings for	by CR Power
in 2020:
employees of
1,301,969
stakeholders:
705,945

The Board of Directors is responsible f o r C R P o w e r ' s e n v i r o n m e n t a l s t r a t e g y a n d p e r f o r m a n c e . E a c h y e a r , C R P o w e r c o n d u c t s p e r i o d i c e n v i r o n m e n t a l r e v i e w s on its subsidiaries to ensure that t h e y i m p l e m e n t e n v i r o n m e n t a l management programs and comply with environmental management s t a n d a r d s . I n 2 0 2 0 , C R P o w e r l a u n c h e d a c o m p r e h e n s i v e investigation of ecosystem protection risks, covering all of its subsidiaries. During the investigation, CR Power focused on issues such as fulfillment o f r e s p o n s i b i l i t i e s , c o m p l i a n c e w i t h l a w s a n d r e g u l a t i o n s , implementation of pollution control programs, and responses to the public's environmental demands,

identified 1,194 issues, and proposed rectification measures for all of them. For key projects, CR Power took a host of measures, such as environmental compliance review and demonstrative ecosystem protection inspection.

CR Power has set up an environmental training system, covering all levels of entities from the Headquarters to project companies, to ensure all employees receive such training. I n 2 0 2 0 , C R P o w e r r a i s e d t h e environment protection awareness of all employees by organizing trainings on special ecosystem protection inspection and related laws and regulations and issuing environmental cases for warning purpose.

1 The Environmental Protection Principles provide CR Power with guidance on biodiversity protection and GHG emission reduction, and hazardous waste reduction, covering in whole CR Power's scope of operations and suppliers (Learn more about the Environmental Protection Principles).

24	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Environmental Impact Management

I n a c c o r d a n c e w i t h t h e P R C Environmental Impact Assessment Law, CR Power has ensured that various pollution control facilities are competently constructed, operated, and managed in strict compliance with the "Three Simultaneous" requirements1. Moreover, in line with the Interim Measures for the Administration of Contingency Plans for Environmental Emergencies, CR Power has conducted risk screening and developed the emergency plans for responding to various types of pollution before putting a project into operation. In 2020, CR Power revised the Management Rules for Ecosystem Protection, setting new standards for environmental protection and pollution prevention.

Air Pollution

In accordance with the PRC Air Pollution Prevention and Control Law, the Company has upgraded its thermal power plants to achieve ultra-low emissions and coal yard enclosure so that pollutant emissions can be reduced at source. In addition, the Company has a real-time online monitoring system to closely monitor pollutant emissions.

Ultra - low emissions by thermal power plants

According to China's Action Plan for the Upgrade and Retrofitting of Conservation and Emission Technologies in Coal- Fired Generating Units (2014-2020), CR Power has conducted a phased upgrade of its thermal power generators to achieve ultra-low emissions. This program has lowered the concentrations

of sulfur dioxide, nitrogen oxides, and particulates in emissions to below 35 mg/Nm3, 50 mg/Nm3, and 10mg/Nm3, respectively, meeting the corresponding national standards (GB13233-2011). In 2020, CR Power upgraded its two 200 MW coal-fired generators in Shenyang to achieve ultra-low emissions. By November 2020, all coal-fired power generation units run by CR Power had achieved ultra-low emissions.

Daily monitoring:

Flue gas emission monitoring system is installed at all of CR Power's thermal power plants in accordance with MEE's Specifications for Continuous Emissions Monitoring of SO2, NOX and Particulates in the Flue Gas Emitted from Stationary Sources. This system transmits real-time pollutant data to local environmental authorities. In the event of abnormality, on-site personnel can be contacted at any time to take emergency measures . For added insurance, power plants periodically compare the data manually to ensure the integrity and validity of the transmitted data.

Fully-enclosed coal yards:

In order to further control pollution to the air and environment, CR Power carried out the transformation of 12 power plants with enclosed coal yards to promote the treatment of dust emissions from coal yards, and at the same time reducing the risk of water pollution caused by rainwater carrying coal water.

Environmental technologies:

CR Power embeds the supervision and management of energy-conservation and emission-reduction technologies in the power generation process. It also supervises, adjusts, and evaluates p a r a m e t e r s , p e r f o r m a n c e , a n d indicators crucial to the economic operation of generators, in order to achieve the lowest overall consumption of coal, electricity, oil, steam and water.

Clean Expanding	Carbon-Low
Investment Energy	Development
	Management Safety and Risk
	at Attempts Bold
	Innovation
	Excellence of Pursuit

Society Better A

1 "Three Simultaneous" requirements: Environmental facilities are to be designed, constructed, and operated concurrently with the principal facilities.

25

Persistence of Maintenance

Water Pollution

CR Power has strictly controlled the treatment and discharge of industrial wastewater in accordance with the PRC Water Pollution Prevention and Control Law and local discharge s t a n d a r d s . I n 2 0 2 0 , C R P o w e r formulated a technical roadmap and action plan for wastewater treatment and completed the comprehensive treatment of wastewater for 16 thermal power projects. As a result, the COD emissions of Jiangsu Xuzhou Power Plant and Shandong Heze Power Plant dropped by 11.69 tons and 39.07 tons, respectively, year on year.

Classification and collection of wastewater:

A l l w a t e r u s e d f o r r e p a i r a n d maintenance of generating units and cleaning of various machinery and equipment is collected and recycled. All wastewater from chemical cleaning and shutdown protection is collected and recycled by each project company, or treated by their authorized qualified entities, in accordance with the predetermined disposal plan.

Wastewater treatment facilities:

Each project company has, based on its own operations, set up facilities for treatment of sewage, chemical wastewater, desulfurized wastewater, c o a l - c o n t a i n i n g w a s t e w a t e r , a n d oily wastewater to meet applicable wastewater discharge standards.

Solid Waste Pollution

In strict accordance with the PRC Law on the Prevention and Control of Environmental Pollution by Solid Wastes, we take actions to reduce the creation of wastes, and supervise its collection, storage, transportation, utilization, and disposal to prevent pollution incidents . Pursuant to the requirements of this Law as revised in 2020, we have organized relevant personnel to understand and study this Law to ensure that the Company always complies with the updated national, local and industry requirements for solid waste management.

Disposal of non-hazardous wastes:

At our power plants, non-hazardous wastes mainly comprise furnace byproducts such as fly ash, slag, and d e s u l f u r i z e d g y p s u m . T h r o u g h a n integrated utilization approach, we have increased the recycling of non-hazardous wastes as harmless resources.

Disposal of hazardous wastes:

Hazardous wastes generated by power plants mainly include waste grease, catalysts, and lead batteries. Pursuant to the Technical Specifications for the Collection, Storage, and Transportation of Hazardous Wastes and the Multi-Receipt-Based Management of Hazardous Wastes, and other rules, we have implemented multi-receipt-based management by engaging qualified third parties to transport the wastes for compliant disposal.

Green Office

CR Power has actively promoted employees' awareness of environmental protection, strengthened office water and electricity management to reduce waste. We have reduced greenhouse gas emissions from employee travel through extensive use of video conferencing systems. We launch afforestation activities during Arbor Day every year. All local subsidiaries have actively carried out vegetation restoration and site greening, planted trees according to soil characteristics while using water cellars to collect rainwater for tree irrigation. We hope to promote the realization of personal low-carbon life and the sustainable development of the Company by guiding and motivating employees to create a good atmosphere of energy saving, emission reduction and green office.

26	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Protecting the Ecosystem

In accordance with the Regulations on Land Reclamation and the Provisions on the Protection of the Geologic Environment of Mines, CR Power has formulated its Plan for the Protection of Geologic Environment of Mines and Land Reclamation to restore subsidence land caused by coal mining. In 2020, through specific measures such as leveling land, improving the physical and chemical properties of soil, and growing plants, Tianneng Coal Mine in Xuzhou established a new land use ecosystem and formed fresh artificial and natural green landscapes, ecologically restoring 3,990 mu of coal mining-inducedsubsidence land.

For hydroelectric power projects, CR Power maintains a stable aquatic ecosystem by carrying out ecological fish planting and artificial breeding, building fish passages and artificial spawning grounds, and protecting fish habitats. CR Power strictly prohibits the dumping of excavated excess soil into rivers and streams, and has set up pipe and box culverts to help amphibians

Our green efforts

CR Power's Nankang Qingtian Wind Farm, has an installed capacity of 64 MW, equipped with 32 wind turbines and covers a land area of 63.25 hectares. The stratum mainly consists of muddy clay, silty clay, gravel soil and weathered siltstone. The slopes are steep, some of which are as high as 30 meters. Due to the combined effect of multiple factors, the original water and soil conservation plan of the wind farm (i.e., direct spay-seeding grass plan) experienced setbacks, affecting the vegetation restoration of the slopes.

The project has innovatively developed various vegetation restoration test areas according to local conditions, including improved soil test area, spray seeding test area, three-dimensional geotextile mat test area, and steel wire gauze test area for upper slopes, to seek the best solution through comparative analysis. After the design institute, supervision, and construction units conducted on-site surveys and organized special seminars, a new implementation plan for re-greening was formed, taking

and reptiles pass under roads. In 2020, CR Power organized a fish planting activity in the reservoir area of Sichuan Yazui River Buxi Hydropower Station , planting 3,000 schizopygopsis malacanthus fry to enhance fish reproduction in the Yazui River basin and further improve the aquatic ecosystem.

For wind power projects, CR Power carries out ecological environmental protection and water and soil conservation as early as during the site selection stage. CR Power avoids areas requiring more efforts on preventing and controlling water and soil erosion and develops a water and soil conservation plan for minimum soil disturbance and vegetation damage. After a wind farm is built, CR Power conducts ecological remediation on an ongoing basis, such as restoration of vegetation, conservation of water and soil, and maintenance of biodiversity, in accordance with its Ecosystem Protection Standards. In 2020, CR Power had 28 new energy projects passing environmental protection acceptance and 35 projects passing soil and water conservation acceptance.

into consideration the effects of the test area.

According to the new plan, different vegetation restoration options have been selected based on the different geological conditions of each site and the vegetation restoration results of each test area: three-dimensional geotextile mat-basedexternal-soil spray seeding for excavation side slopes, steel wire gauze-based external- soil spray seeding for high and steep stone side slopes or unstable soil-rock side slopes, and three-dimensional geotextile mat-basedexternal-soil spray seeding or man- made horizontal groove planting for earth fill slopes depending on the slope ratio and geological conditions.

We have endeavored to plant 27,300 square meters of grass in the booster station area, 525,000 square meters of grass on road side slopes and wind turbine platforms, as well as 45,000 climbing plants such as ivies and creepers and 3,000 seedlings such as cedars.

Clean Expanding	Carbon-Low
Investment Energy	Development
	Management Safety and Risk
	at Attempts Bold
	Innovation
	Excellence of Pursuit

Society Better A

High side slope with weathered rocks before		Side slope after vegetation restoration
vegetation restoration

27

Persistence of Maintenance

Promoting Circular Economy

In accordance with the PRC Circular Economy Promotion Law, CR Power has fully implemented the reduce-reuse-recycle paradigm and has been continuously improving the utilization of water and solid wastes to reduce dependence on natural resources and protect and improve the environment.

Lowering Water Use

CR Power highly values the management of water resources during its production and operation process. The Board of Directors has set up the Sustainability Committee to supervise and urge the Management Team to perform duties in ecological protection, including in formulating strategies for and improving performance in water resource management. In 2020, CR Power explored the application of advanced water conservation technologies, strengthened water management and reduced fresh water consumption. It also encouraged all of its power plants to cut down on water usage at the source, look for alternative water sources, and improve water use efficiency.

Reducing the use of fresh water:

According to the actual conditions, we preferentially use reclaimed water (i.e., treated wastewater) in our operations and apply technologies such as closed- loop water cooling system and flue gas dehydration to increase impurity concentration in circulating waters and reduce the loss of fresh water. With reclaimed water as its main water source, Jiaozuo Power Plant uses the discharged sewage of the circulating water system to produce desalted water, realizing the plant- wide cascade utilization of wastewater. In 2020, our application of the reclaimed water reuse technology resulted in a total consumption of 33.89 million tons of reclaimed water and a decrease of 36.6% in comprehensive water consumption for power generation since 2015.

Innovating in water-conservation technologies:

Considering its raw water quality and raw water treatment process for thermal power generation, Fuyang Power Plant has innovatively flowed the clean water of its sludge sedimentation tank back to its reaction sedimentation tank, conveyed the sludge water to its sedimentation tank for coal water treatment, and then used the precipitated sludge and coal ash for furnace combustion. This can provide a water source for and dispose of solid wastes from coal water treatment facilities. In addition, some power plants have, in view of the similar water quality of desulfurized wastewater and seawater, reused desulfurized wastewater in their electrolyzed seawater chlorination devices to integrate water conservation with wastewater disposal.

28	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Integrated Use of Solid Wastes

CR Power has been promoting integrated use of solid wastes through sludge-coupling power generation, utilization of ash and other by-products and recycled use of industrial solid wastes in multiple projects, gaining experience in the integrated use of solid wastes in the power industry.

Haifeng Power Plant Sludge-Coupling Mixture Project

Clean Expanding	Carbon-Low
Investment Energy	Development
	Management Safety and Risk
	at Attempts Bold
	Innovation
	Excellence of Pursuit

Sludge-coupling power generation: We have applied the sludge-couplingpower generation technology, where sludge is mixed with coal before incineration. This technology makes large-scaletreatment of sludge become possible, and the resulting additional heat can also be used for power generation . In 2020, we put into operation the world's largest sludge- coupling power generation project, which has a daily sludge disposal capacity of 6,000 tons (80% moisture content). A total of 14 coal-firedpower plants in Jiangsu, Guangdong and Hubei processed 750,000 tons of sludge during the year through this technology.

Enhancing the utilization of by-products:Jiaozuo Power Plant has built a fully enclosed storage facility for ash and slag, raising the overall utilization rate of the by-productsto 100%. Northeast China, Inner Mongolia and others regions have limited capacity to absorb solid wastes like fly ash, slag, and gypsum. For this reason, CR Power has cooperated with local governments and building materials companies to open up green channels for transporting solid wastes to other regions and improve their multiple use efficiency.

Recycling industrial solid wastes:

G u a n g x i H e z h o u P o w e r P l a n t h a s recycled marble waste slurry for flue gas wet desulfurization. Since 2016, it has consumed 450,000 tons of marble waste slurry. Likewise, Dengfeng Power Plant has been conducting research on the desulfurization technology which replaces limestone power with calcium carbide slag,

1. waste by-product from the chlor-alkali industry, in order to address the disposal of by-products in the chlor-alkali industry. Since 2019, Dengfeng Power Plant has reduced solid wastes from the chlor-alkali industry by 50,000 tons, carbon dioxide emissions by over 20,000 tons, and mined limestone by about 50,000 tons.

Society Better A

29

Persistence of Maintenance

Signing rate of CR Code of Business Conduct

100%

Number of integrity trainings for all employees

1,527

Safety training coverage ratio

100%

Total number of hours of safety training

1,301,045

Total number of safety training participants

263,379

Safety investment

RMB143mn

Number of emergency drills

1,718

Number of emergency drill participants

27,541

30	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Risk and Safety

Management

Solidifying

Development

Foundation

We always believe risk and safety management is the guarantee of sound development. Hence we build the awareness of compliance management, increase the capability to prevent and control risks, improve internal control, and focus on preventing and diffusing major risks. We also create an all-encompassing safety network that enhances safe production and the accountability of our subsidiary companies, laying a solid foundation for our sustainable and healthy development.

UN Sustainable Development Goal

Responsible

Consumption

and Production

CR Power Actions

Setting up the Internal Control and Risk Management Committee as part of the internal control and risk management system to strengthen compliance and risk management;

Requiring every employee to sign a letter of commitment to the CR Code of Business Conduct, to regulate the behavior of employees and raise their awareness of compliance;

Creating the CR Power 6-Star Environment, Health, and Safety Management System to ensure sustainable production; and

Making 90% of subsidiary companies' safety indicators reach industry-leading levels

31

Boosting Compliance

CR Power follows the concept of governing the enterprise according to law, conducts business in good faith, strengthens the construction of corporate compliance, integrates the concepts of legal compliance and risk prevention into all aspects of corporate production and operation, and gives full play to the synergies between of integrity, legal system, and internal audit compliance to promote the scientific and stable development of the Company.

Creating a Compliance System

CR Power continues to ensure that our operations and employees comply with laws, regulations, regulatory rules, industry norms, our articles of association and systems, as well as international conventions and rules. Specifically, we establish the Compliance Committee to organize and coordinate compliance management activities, and launch a legal risk management program, which comprises ten compliance risk manuals covering employment and all business lines, including thermal power, photovoltaic, wind power, and heat supply.

Each year, we select areas of top concern based on our business management and operations, refine and summarize the compliance risks involved, and develop guidelines to enhance the Company's compliance management. In 2020, CR Power implemented compliance management in environmental compliance, regulatory review, and connected transactions management.

Environmental Compliance	Regulatory Review	Connected Transactions
		Management

After investigating the compliance of our business operations with environmental laws, regulations, and internal rules, we prepared the Environmental Compliance Investigation Report and Compliance Manual: Environmental Protection, w h i c h i d e n t i f y e n v i r o n m e n t a l compliance risks that may arise from project development, construction a n d o p e r a t i o n p h a s e s , a n d stipulate corresponding compliance r e q u i r e m e n t s , g u i d e l i n e s , a n d punishments.

We reviewed the legal compliance of 65 sets of rules such as the Measures f o r t h e M a n a g e m e n t o f C o a l Suppliers, and made 642 comments.

We formulate the Management M e a s u r e s f o r C o n n e c t e d T r a n s a c t i o n s o f M a n a g e r s (Tentative) and Interim Measures for Regulating Managers and Key Employees in Investing, Running, and Establishing Other Businesses. To implement these measures, we launch a dedicated publicity program. We also investigated the connected transactions of all our employees.

Consistent Business Ethics

In 2020, CR Group released the CR Code of Business Conduct1 (the "Code") to guide the business activities of its subsidiaries and employees. As a CR subsidiary company, we and our affiliates have since required our directors, managers, and employees to observe the Code, in addition to external regulatory requirements and applicable laws and regulations. We define and regulate, the behavior of employees in line with the Code and undertake to act in accordance with its compliance requirements wherever applicable.

As of the end of 2020, our staff had signed the Code online or offline and completed corresponding compliance training. A culture calling for compliance on everything by everyone at any time was fostered, further reinforcing our compliance awareness.

1 The CR Code of Business Conduct specifies the requirements on CR Group and its subsidiary companies and their responsibilities for violating such requirements, including anti-trust and unfair competition, anti-commercial bribery, gifts, and entertainment, anti-bribery regulation during engagement with governments and regulators, ethical handling of personal and professional conflicts of interest, information security and privacy management, etc. (Please refer to The CR Code of Business Conduct for details).

32	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Strengthening Anti-Corruption Safeguards

Development Carbon-Low

In accordance with the Company Law of the People's Republic of China, Supervision Law of the People's Republic of China, Anti Unfair Competition Law of the People's Republic of China, and other anti-corruption and anti- bribery regulations, as well as internal rules such as the Management Measures for the Integrity and Self- Discipline Information of Managers and Key Personnel, and 24 Rules for the Conduct of Managers, we standardize and intensify supervision over key managers, and create a general supervision network led by the Company, overseen by the Safety Supervision Department, and supported by all departments.

We created a multi-dimensional,company-wide integrity education platform that consists of bulletin b o a r d s , i n t e r n a l S u p e r v i s i o n B r i e f i n g , a n d W e C h a t P u b l i c Account "Anti-Corruption in CR Power". The platform delivers regular training and education sessions to the staff. During the reporting period, no lawsuit was brought against CR Power for commercial bribery, blackmailing, fraud, or money laundering.

We have a Whistleblowing Policy1, according to which the Supervision Department conducts investigations into the reported matters and, if applicable, takes proper follow-up actions.

Facts & Figures:

Identifying Corruption Risks:

Through a thorough investigation, we identified 174 risks in corruption-prone areas and processes, and developed over 200 preventive measures.

Responding to Integrity Suggestions:

We launched a consultation on keeping the integrity record and information of managers and key employees, receiving responses from 1,674 people.

Enhancing Professional Training:

We organized centralized and hands- on training to constantly improve the capability of the supervisory team. During the year, we provided four face-to-face training sessions to 240

Solidifying	and Risk
Foundation Development	Management Safety
	at Attempts Bold
	Innovation

Providing Smooth	Treating Whistleblowers
Whistleblowing Channels	Fairly
We provide smooth whistleblowing	We ensure that whistleblowers who
channels, including hot-line, email,	report information truthfully and
website, and WeChat Public Account	appropriately will be treated fairly
"Anti-Corruption in CR Power," to	and will not be subject to dismissal,
receive information in an orderly	injury, or improper disciplinary
manner.	measures.

inspection cadres.

Promoting Regular Staff Education:

We launched the Grassroots Level Integrity Education Program and customized a series of trainings. A total of 1,527 training sessions were organized, with a total of 37,000 participants.

Excellence of Pursuit

Protecting Whistleblower Privacy

W e p r o t e c t t h e p r i v a c y o f whistleblowers to the best of our ability. In case the identity of a whistleblower is required or likely to be disclosed, we will inform the whistleblower in advance wherever possible and get his/her consent. It is forbidden to disclose the personal information of any whistleblower.

Handling Whistleblowing Cases Properly

W e p u t i n p l a c e a c o m p l e t e handling process composed of seven steps, i.e., registration, lead analysis, evaluation, acceptance, investigation, disposal, and closure. Every case is treated seriously.

Society Better A

1 The Whistleblowing Policy stipulates that employees and relevant third parties such as customers and suppliers who have business dealings with the company may, anonymously or with confidentiality, report any misconduct, fraud, and violation in the company's financial reporting, internal control, or other matters (please refer to the Whistleblowing Policy for details).

33

Persistence of Maintenance

Preventing Operational Risks

Through risk identification and response, the establishment of an internal control system, and the protection of information security and intellectual property rights, we continue to strengthen management and control of operational risks. To ensure the risk management department is not influenced by the business departments, our risk management structure functions independently from division of duties to reporting mechanism.

Risk Identification and Response

CR Power has established a risk standards assessment system covering all business units which conducts annual risk assessments and requires all units to fill in a quarterly major risk monitoring forms every quarter, allowing response measures to be formulated in a timely manner. The top five major risks identified in 2020 include: EHS protection risks, policy change risks and macroeconomic risks, procurement management risks, investment and M&A risks as well as human resources risks. In addition, we analyzed policies on China's 2060 carbon neutrality target, consolidation of coal-fired power companies, and power market reform, and evaluated the existing and potential impacts of market changes on our operations, management, and profitability. We have also developed corresponding m i t i g a t i o n s a n d p r o m o t e d t h e implementation of relevant plans.

Internal Control

Evaluation

To ensure internal controls are conducted and evaluated by separate teams, we established the Internal C o n t r o l a n d R i s k M a n a g e m e n t Committee in 2020 . Headed by the President of the company, the Committee is responsible for developing plans and systems for internal control and risk management, tracking and collecting major risk c h a n g e s a n d r i s k m a n a g e m e n t information, and organizing annual major risk evaluation, self-evaluation of internal controls, and relevant supervisions and inspections.

CR Power conducts special audits for key management issues across the organization annually. In 2020 our special audits focused on the economic responsibility of leaving managers, infrastructure projects, technological transformation, renewable energy operations, and project closures, covering both us and our affiliates. Suppliers are also included in internal control. In 2020 supplier compliance audits included economic responsibility and project operations.

Intellectual Property Protection

Based on the Trademark Law of the People's Republic of China, Copyright Law of the People's Republic of China, Patent Law of the People's Republic of China, and other applicable laws and regulations, we formulated the Standard for Research and Innovation Management, providing practical guidance for approving research and innovation projects, transferring project results, managing experts, protecting intellectual property, and issuing awards. Also, we released the Measures for Patent Application M a n a g e m e n t , w h i c h s p e c i f i e s patent application procedures and requirements, as well as application drafting standards, aiming to improve the quality and standard of patent applications.

I n 2 0 2 0 , w e r e d e f i n e d t h e responsibilities of the Innovation, Development and Intellectual Property Committee. Its responsibilities include p r o v i d i n g i n t e l l e c t u a l p r o p e r t y p r o t e c t i o n s u g g e s t i o n s t o t h e Company and providing effective references to assist the decision- making process of the Company. We also conducted patent value risk

Case Study

Developing Audit Risk Warning

Recognizing technology empowers auditing, we independently developed and launched an off-site audit system. Supported by basic functionalities of data search and verification, automatic modeling and analysis, and statement presentation, the system can sample and analyze all purchasing data, and quickly identify major issues and risks, improving auditing efficiency. The system will then share the auditing results or give out a warning, so that relevant departments can take prompt countermeasures. It is helpful in establishing an internal control and risk management mechanism that features online monitoring, early warning, and continuous improvement.

management, including reviewing patent grading and classification reports, identifying legal risks, and analyzing existing technologies in the industry.

34	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Enhancing Safe Production

The safety and lives of employees are always our top priority. We create an all-encompassing safety network from the aspects of organizational structure, systems, risk management, emergency response, monitoring and feedback, and safety culture. The aim is to reduce potential safety and health risks in the workplace and create a safe working environment for employees and other stakeholders.

	Development Carbon-Low
Solidifying
and Risk
Development	Safety

Practicing Safety

Management

We created the unique CR Power 6-Star EHS Management System, carried out safety management and safety risk prevention according to the CR Power EHS Management P l a n 2 0 1 6 - 2 0 2 0 , a n d s i g n e d Safe Production Accountability S t a t e m e n t w i t h s u b s i d i a r y companies to ensure that clear safety responsibilities are assigned to corresponding jobs and cover the entire production process. In 2020, we caused 90% of subsidiary companies' safety indicators to reach industry-leading levels.

All levels of CR Power companies r e g u l a r l y i d e n t i f y a n d a s s e s s operating, regional, and job safety risks, and develop preventive and control measures according to risk level . We continue to conduct safety inspections for production, pandemic prevention and resumption of work and production, safe production month, and major holidays, to identify potential safety hazards and clarify

accountabilities . In 2020, we formulated the Three-yearAction Plan for Safety Production, under which we took various actions targeting operations, construction, i n f o r m a t i o n , a n d h a z a r d o u s chemicals. We also fully reviewed t h e 6 - S t a r E H S M a n a g e m e n t Systems of subsidiaries and audited their EHS performance on a trial basis, to improve the EHS system and promote EHS implementation.

In accordance with the Guidelines

for Standardized Maintenance M a n a g e m e n t o f G e n e r a t i n g

Units, we continue to promote s t a n d a r d i z e d e q u i p m e n t maintenance, enhance preventive m a i n t e n a n c e o f e q u i p m e n t , intensify control over on - site equipment defects and hazards, and comprehensively implement technical supervision. In this way, we increase the safety level of equipment and ensure safe and reliable operation. In addition, we provide operators with suitable safety products and personal protective equipment to safeguard their health and safety.

In 2020

We evaluated the safety of 14 wind and thermal power plants, conducted EHS inspections for 118 lower-level companies, and issued 136 inspection and support reports. We identified 1,661 issues during the safe production inspections, o f w h i c h 9 8 . 5 2 % h a v e b e e n addressed, carried out repair and maintenance on 50 generating units, and eliminated 98 . 96% of the defects identified. There were neither normal nor major equipment accidents during the year.

Foundation	Management
	at Attempts Bold
	Innovation
	Excellence of Pursuit

Days of safe operation (D) Number of subsidiary companies

D≥4,000		13
3,000≤D<4,000		8

2,000≤D<3,000		21
D<2,000			39

Note: In the past 5 years, many new projects have been put into operation.

35

Society Better A

Persistence of Maintenance

Fostering Strong Safety Culture

CR Power carries out various forms of safety publicity and education, encourages setting up independent safety teams, and uses a strong safety culture atmosphere to consolidate the foundation of safety culture construction.

Safe Production Month

and Safety Journey

Programs

T h r o u g h s a f e t y h a z a r d detection and control, lessons learned from accidents, and general safety inspections, we raised the safety awareness of employees as the basis for better risk management.

Collecting Typical

Production Accidents

We completed and published the Compilation of Typical Production Accidents and organized our affiliates to learn lessons from the accidents, conduct detection and remediation, and prevent similar accidents.

Creating 3-2-1 Safety

Training Model

W e r e q u i r e l o w e r - l e v e l companies to arrange one safety training session for general managers, two for department heads, and three for team leaders each year.

Cloud Training for Safe

Production

The cloud platform offers programs on safety-related laws and regulations, safety concepts and systems, as well as safety quiz games and comic contests. The number of training programs and attendance increase by 32% and 30% over the last year, respectively.

Our Safety Explorations:

As the first line of defense in safety accidents, safety teams are the basic link in corporate safety management. Accordingly, strengthening these teams is not only essential to better safety management, but also the most practical and effective means to reduce accidents.

CR Power started to build safety teams since early 2018. In 2019 we enhanced routine supervision over stakeholders' work and managed their teams as our own safety teams to create closed- loop management. The year 2020 marks the start of our safety management system, further reinforcing our safety teams as the basis for safety management.

In 2020, we strengthened the safety teams at our thermal

power plants and even set an example for the industry. We turned this experience into 12 reports to the National Energy Administration. Our renewable energy division explored the way to build safety teams under centralized operation and maintenance. With our guidance and supervision, our affiliates tracked the monthly progress of regional and lower- level companies in building safety teams, and urged the regional companies to carry out safety team evaluation and rating according to the three-year controlling interest plan. In addition, we created the CR Power Five-StarSafety Team Rating Standard based on the CR Power Interim Measures for the Maturity Evaluation of Safety Teams, for the purpose of improving the autonomous safety management capacity of lower-level teams through closed-loop management.

36	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Improving Stakeholders' Safety Management

CR Power formulated the Stakeholder EHS1 Safety Management Rules to control stakeholders' safety risks arising from their business dealings with us, arranged regular inspections and reviews, and exercised safety management through the entire process from safety accountability and objective management to supervision and evaluations. Furthermore, we conducted training sessions to help the personnel of stakeholders develop safety awareness and skills and improve suppliers' safety management capacity. In 2020 we offered 705,945 hours of EHS training to stakeholders.

In accordance with the Requirements

Selection for EHS Section of Engineering Project Bidding Documents, contractors with stronger safety management capabilities are selected during the bid review.

Stakeholders are subject to reviews on

Site their qualifications and licenses, safety

admission track record, personnel, equipment, occupational health and training system, work plans, risk identification reports, and contingency plans.

	Development Carbon-Low
Solidifying
and Risk
Foundation Development	Management Safety
	Bold

We further intensified control over the dynamic risks in stakeholders' work process from stakeholder selection and site admission, to commencement, operation, and completion.

In 2020, one accident occurred with one of our stakeholders, resulting in one fatality. After the accident, we immediately formed an investigation team according to the EHS Accident and Event Management Standards to look into the accident and analyze its cause through on-site investigation, CCTV footage review, data search, and witness interviews. Based on the findings, we impose punishments on the liable company and individuals in accordance with the Accountability Rules for EHS Accidents and Incidents, EHS Award and Penalty

Start of

work

Operation

Before commencing work, stakeholders need to attend safety training courses, pass the safety exam, and duly obtain the work commencement approvals.

We implement consistent operational standards and manage stakeholder's teams as our own safety teams. We carry out random on-site inspections to detect potential problems and require timely rectifications, especially for high-risk operations. The entire process is tracked down to ensure end-to-end management.

at Attempts

Innovation

Standards (Tentative), and Accountability Standards for EHS Accidents and Incidents (Tentative). To prevent similar accidents from occurring in the future, we issued accident notification and accident investigation reports for affiliated companies to draw lessons and conduct self-inspection and self-correction, and reviewed their performance during inspections.

After work is completed, we will rate

Completion a stakeholder on its adherence to EHS

of work commitments as reference for future selection processes.

Excellence of Pursuit

Society Better A

1 EHS means environment, health, and safety.

37

Persistence of Maintenance

Total Assets

HKD259.63 billion

Net Generation Volume of Subsidiary Power Plants

154,944 GWh

Attributable Operational Generation Capacity

43,365 MW

Annual R&D Expenditure

RMB151 mn

38	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Bold Attempts at

Innovation

Accelerating the Transition toward Innovation-driven Development

CR Power has been actively adjusting its energy mix to improve its power quality and energy efficiency and exploring new integrated energy models through technological innovation. While accelerating business transformation, we also help customers shift from a traditional energy mix to the integrated model, meeting their higher demands for green energy and promoting the high-quality and steady development of the Company.

UN Sustainable Development Goal

Industry, innovation and infrastructure

CR Power Actions

In 2020, we invested more than RMB151 million in R&D to improve the innovation management system and adopt innovations to transform from a traditional energy mix to an integrated energy model that is clean, low-carbon, intelligent, eco-friendly, and efficient;

We set up the Technology Management Committee to coordinate and promote management in project construction, technological transformation, technological innovation R&D, and energy technology research;

Based on our experience in energy structural reform, green power transformation, and technological innovation, we provided our input to the 14th Five-Year Plan for the power sector; and

We launched a range of energy management products, including the CR Smart Energy Platform, Energy Storage Cloud Platform, AGC Online Simulation Tool, Lingxi cooling and heating energy utilization products, smart industrial park energy planning software, smart business system, and smart operations and maintenance.

39

Improving Competence

Improving Quality and Efficiency

Profit Attributable to Owners

In 2020, the attributable operational

of the Company

Turnover (HKD bn)

(HKD bn)

generation capacity of CR Power's

renewable energy increased rapidly. Grid-

connected renewable energy capacity

increased by a record high of 4,447 MW.

76.94

7.71

7.58

In addition, we sped up the restructure

73.31

66.21

67.76

69.55

6.59

of coal assets by closing 2 mines in 2020,

shedding 750,000 tons of annual output												4.62
to further improve the asset quality.
													3.95

2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

40	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Net Generation Volume of Subsidiary Power Plants

(GWh)

159,395	157,019			154,944
151,590
				149,186

2016 2017 2018 2019 2020

Total Heat Supply (kTJ)

92.04 102.48 112.00

73.83

65.19

2016 2017 2018 2019 2020

41

	Development Carbon-Low
	Management Safety and Risk
toward Transition the Accelerating Development driven-Innovation	Innovation at Attempts Bold
	Excellence of Pursuit

Society Better A

Persistence of Maintenance

Stimulating Vitality through Innovation

CR Power has been improving its	M e a s u r e s f o r R & D E x p e n d i t u r e
innovation management system to	Management, and Measures for Patent
underpin innovation. In 2020, we set up	Application Management, and set
the Technology Management Committee	out to formulate the Measures for
to coordinate and promote management	R&D Evaluation and Rewarding. These
in project construction, technological	measures motivate innovations by
transformation, technological innovation	providing additional financial support to
R&D, and energy technology research;	R&D activities.
redefined the responsibilities of the
Innovation, Development and Intellectual	We enhance technological innovation to
Property Committee; and participated	reduce the impact of traditional thermal
in and guided the formulation of	power plants on the surrounding
innovation and	entrepreneurship	environment	and communities. We
systems, resource	coordination, expert	carried out Theoretical Research and
pool creation, selection and incubation	Development	of Key Anticorrosion
of innovation projects, etc. Furthermore,	Technologies for Thermal Systems, and
we optimized the organizational	Control and Removal of Sulfur Trioxide
structure by establishing innovation	in Coal-Fired Flue Gas, and significantly
teams in the Headquarters, regional and	improved the operating efficiency of
lower-level companies to ensure efficient	generating units, while reducing energy
innovation.		consumption and pollutant emissions.
In 2020, we revised the Standard for	I n a d d i t i o n ,	b y c o m b i n i n g o u r
Research and Innovation Management,	i n n o v a t i o n s	w i t h c u t t i n g - e d g e

Facts & Figures:
Number of R&D personnel:	R&D expenditure:
336	RMB151 million
New patent applications filed:	Patents granted in the year:
181	132
Total patent applications filed:	Total patents granted:
1,257	752

technologies such as big data, Internet of Things, and artificial intelligence, we developed a range of innovative products related to power generation. For example, the Centralized Supervision and Analysis Specialist System (CSASS) provides real-time monitoring and early warning, optimization plans, and decision-making support to ensure the safe and economic operation of thermal power generating units. The Smart Wind Farm increases the generation capacity of wind power plant through continuous optimization of turbine control strategy and digital management of smart equipment. The Order-Based Power Technology Service Platform promotes online, smart, and shared power technology services. And the RUY optimization system delivers unattended operation through the digital transformation, storage, passing, and application of thermal power plants' operating experience.

42	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Our Innovation Explorations:

The Runyoushi Intelligent Safety Control System provides a comprehensive power plant monitoring solution that integrates remote monitoring, video analysis, unattended security protection, and intelligent early warning. In 2020, CR Power Technology Research Institute upgraded the system, focusing on optimizing algorithms and platforms, and adding new functionalities such as integrating intelligent safety control with intelligent inspection.

• Increasing the algorithm running speed by 25% through upgrading the scheduling platform and adjusting the algorithm architecture;
• Updating key functionalities of the intelligent safety control platform, including upgrade of user interface and data transmission network architecture, and creating five software platforms such as intelligent contactless body temperature monitoring;
• Developing intelligent LEC risk assessment to control major risks;
• Exploring intelligent process control for ammonia unloading, absorption tower maintenance, and fuel transportation;
• Testing on-track robot for the coal transfer system at Hubei Puqi Power Plant; and
• Developing the second-generation wheeled robot, which features higher stability and inspection algorithm accuracy,

Second-generation Runyoushi Wheeled Robot

and optimized inspection platform. Its 5G intelligent inspection functionality was tested at Hebei Fengrun Power Plant.

By the end of 2020, the Runyoushi system had been installed in Hubei Puqi Power Plant, Hebei Fengrun Power Plant, Hebei Cangzhou Yundong Power Plant, and Central China Wind Farm.

	Development Carbon-Low
	Management Safety and Risk
toward Transition the Accelerating Development driven-Innovation	Innovation at Attempts Bold

Promoting Business Transformation

To meet higher user demands for value- added services and energy efficiency and economy, we sped up the transformation from a traditional energy mix to an integrated energy model that is clean, low-carbon, intelligent, eco- friendly, and efficient. In 2020, building on existing smart distribution network, smart industrial parks, and industrial energy efficiency technologies, we renewed our focus on business types and scenarios, i.e., energy management platforms, application of energy storage technology, smart heating networks, smart industrial parks, and hydrogen energy.

In 2020, we launched a range of energy management products, including the CR Smart Energy Platform, Energy Storage Cloud Platform, AGC Online Simulation Tool, Lingxi cooling and heating energy utilization products, smart industrial park energy planning software, smart business system, a n d s m a r t o p e r a t i o n s a n d maintenance . All of them are widely recognized by customers.

S e v e r a l e n e r g y m a n a g e m e n t platforms were built in 2020. The Intelligent Energy Company created

two industrial-park platforms - Jiangsu Taixing Hongqiao Industrial Park Smart Energy Cloud Platform and Nanjing Yanjiang Heating N e t w o r k M o n i t o r i n g C l o u d Platform - as well as five corporate p l a t f o r m s , i . e . , T i a n j i n M G L Energy Consumption Monitoring Cloud Platform, Fuqing Energy Consumption Online Monitoring Cloud Platform, Country Garden Silver Beach Hotel Smart Building Platform, Hezhou Power Plant L i n g x i E n e r g y A P P , a n d C R (Zhejiang) Electricity Sales Company Electricity Application Applet.

Excellence of Pursuit

Society Better A

Case Study

Upgrading Smart Energy Management Platform to Cover More Types of Products

Relying on rich industrial experiences and data, we independently developed algorithm models to build the smart energy management platform, which enables centralized management of electricity, gas, cooling, and heating energy. The platform provides governments, industrial parks, and business customers with efficient energy supply and smart consumption services covering the entire process from energy planning, design, integration, construction, operation, and maintenance. In 2020, CR developed the second-generation smart energy management platform, which features an upgraded energy management system for the controller of the energy storage system, further covering thermal energy storage frequency modulation, wind energy storage integration, and solar energy storage integration. The new platform has obtained the level-3 information system security certification from the Ministry of Public Security.

43

Persistence of Maintenance

Improving Quality of Service

CR Power always provide customers	Services by Electricity Sales Call	In 2020
with speedy,	targeted, thoughtful,	Center, and Management Standards	The Company's market-based
a n d s a t i s f a c t o r y	s e r v i c e s . I n	f o r E l e c t r i c i t y S a l e s	1 0 6 T e x t	pricing generation volume is
accordance	with	the	Management	Message Platform, we have set up	105.2 TWh
Standards	for Categorization of	differentiated power	sales	strategies,
Energy Customers,	Management	expanded customer	base,	selectively
S t a n d a r d s	f o r	M a i n t a i n i n g	develop power distribution services,	Number of customers reached
Relationship	with Energy Customers,	and offered complementary and	7,804
Management Standards for Customer	integrated energy solutions.
								Up 46% year-on-year

Improving After-Sales Services

In addition to the account manager's daily visits to customers, maintaining relationships and handling problems, we take effective complaint handling as the first step towards better after-

Handling Customer Complaints

Customers may send their queries o r c o m p l a i n t s t h r o u g h v a r i o u s channels, such as 400 Customer Service Hotlines, 106 Text Message Platforms, WeChat Official Account, a n d W e C h a t R u n x i a o x i S e r v i c e Account . We track 100% of the e f f e c t i v e c o m p l a i n t s t o f o l l o w up with the customer to gather f e e d b a c k , a n d t h e n e n t e r t h e c o m p l a i n t a n d o u t c o m e i n o u r records.

sales services. Hence, we listen and respond to customers' feedback, and seek service improvement suggestions from their evaluations given in our satisfaction surveys.

Conducting Customer

Satisfaction Survey

Through phone calls or text messages, w e c o n d u c t r e g u l a r c u s t o m e r satisfaction surveys from six dimensions including contract performance, electricity bill settlement, service process, service efficiency, expertise and attitude of the account manager, and other opinions or suggestions. In 2020, the customer satisfaction rate was 95.8%.

Caring for Customers

We regularly visit key customers and have set up a customer relations group on WeChat for major and group- company customers to provide better services. On holidays, we send our greetings and good wishes to customers through the 106 Text Message Platform and WeChat accounts . We have launched "Best Partner" and "Best Service Provider" awarding activities for high-quality customers and service providers, and we have also carried out the "Free Mask for Overcoming Tough Times" campaign, giving more than 20,000 masks to 623 contracted customers nationwide.

44	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Doing Responsible Marketing

We continue to enhance fair marketing management in accordance with the Advertising Law of the People's Republic of China and other applicable laws and regulations. During advertising, sales, and contract signing, marketing personnel are required to abide by relevant code of conduct, and are prohibited from overcommitting and disseminating misleading or ambiguous product information, to ensure customers' rights to be informed. We formulate the Management Measures for Electricity Sales 106 Text Message Platform to regulate the content, quality, and purposes of short messages. Any short message that violates the principle of fair marketing will be rejected and accountable persons will receive education and training.

We also value customer education and use online and offline channels to inform and educate our customers about the latest policies for the electricity market and our take on the current market situation.

Customers can also find information about national electricity market transactions, provincial power sales news, and our cloud-powered demonstration areas by following our WeChat accounts (including Runxiaoxi) and TikTok account.

Our magazine CR Power Monthly has a "Spot Power Market" column devoted to the spot market for electricity.

For customer requirements collected through phone calls, our account managers call customers to provide one-to-one training.

Moreover, we are joining hands with power exchange centers and other relevant organizations to answer customer questions, explain the workings of market- based electricity transactions, and comment on the development of the electricity market at face-to-face settings. We hope these events can help customers lower their energy bills.

Keeping Information Secure

We strictly abide by the Cybersecurity Law of the People's Republic of China and other laws and regulations on the protection of key information infrastructure. We also draft and implement internal rules such as the Management Measures for Information Security, Management Standards for Cybersecurity Incidents, and Management Standards for Information System Incidents. We set up a cybersecurity leading group headed by the President, responsible for leading our cybersecurity activities and coordinating the decision- making of major cybersecurity issues.

We build systems that ensure the secure operation of our computers and related devices to achieve better protection against system security risks, and conduct regular inspections to detect and address safety loopholes for key data and personal information, thus ensuring information confidentiality and integrity. In their orientation, new employees need to attend cybersecurity training, and sign the Letter of Commitment on the Use of Copyrighted Software, Confidentiality Agreement and Letter of Cybersecurity Accountability. Our partners and suppliers are also required to sign a Letter of Confidentiality. For electricity sales involving customer information, the Management Measures for Electricity Sales 106 Text Message Platform specifies customer information security requirements and relating responsibilities, and the Electricity Sales Cloud Platform Management System defines the administrative permissions of the platform and controls the export of customer data.

Our information security measures also apply to suppliers. The Procurement Center Management Guideline provides the confidentiality obligations during procurement. Specifically, bidders should not disclose any non-public business or technological information on intellectual properties in the bidding documents without the consent of information owners, nor should they reveal any personal information during bidding and procurement.

In addition, we launch information security training through posters and videos, informing employees about the security risks frequently encountered on and off work settings, as well as how to avoid and handle them, in order to raise their awareness and related skills.

	Development Carbon-Low
	Management Safety and Risk
toward Transition the Accelerating Development driven-Innovation	Innovation at Attempts Bold
	Excellence of Pursuit

Society Better A

In 2020
We obtained	100%of	Cybersecurity
the IT Server	training coverage
Room Power and
our employees	was
Environmental	signed the letter	100%
System Certificate	of cybersecurity
	accountability
		45

Persistence of Maintenance

Enhancing Cooperation and Mutual Development

We value broad strategic partnerships and close cooperation with stakeholders, and seek diversified cooperation models to build harmonious relations with them. We work together to promote innovation and productivity in business development, project construction and operation, power sales, and integrated energy services, empowering and benefiting each other.

Responsible Procurement

Applying the principles of fair trade, mutual benefit, and responsible procurement, CR Power selects suppliers based on merit. In accordance with the Invitation and Submission of Bids Law of the People's Republic of China, Regulations on the Implementation of the Invitation and Submission of Bids Law, and other applicable laws and regulations, we have developed internal procurement policies, including t h e S u p p l y C h a i n M a n a g e m e n t Principles1, Procurement Management Standards, and Bidding Supervision and Management Standards. We have also created a procurement management system to facilitate information sharing among the headquarters and regional companies. A supplier database has been set up for centralized management of all suppliers from entry to exit.

We abide by the industry's code of conduct and business ethics. For procurement projects that are subject to a bidding process according to governmental or corporate rules, suppliers will be selected through competitive bidding. Information about every bidding process is available on our bidding platform to ensure openness and transparency. We have developed the Code of Integrity , requiring employees to maintain fair competition, fulfill the confidentiality agreement, comply with the avoidance system, acknowledge the tender results, and standardize bidding agency service. All our suppliers have been required to sign the Sunshine Declaration before bid opening so that they will reject bribes or demands for bribes from CR Power employees and may report to persons in charge of the inspection or audit department. We have zero tolerance

for anti-competitive behaviors such as collusion, below-cost bids, industry monopoly, and kickbacks. We have also set up a channel to receive and handle grievances and complaints from bidders during bid-invitation,bid-opening, and bid-award stage.

To create a more responsible supply
chain, we formulate the Guidelines
for Stakeholder EHS Management in
Bidding Process and Requirements for
EHS Section of Engineering Project
Bidding Documents, which regulate
suppliers'	behaviors in	environmental
protection	and safety	management.
According to these rules, bidders will
be subject to an EHS review of their
environmental and safety commitments,	3	7
policy goals, governing bodies,
personnel training, use of hazardous
materials,	personal protection, and
environmental protection. Furthermore,
we incorporate safety	management
requirements into bid documents and
contracts,	specifying the proportion
of suppliers' safety	production			Tibet 3	16
expenditure and the supervision of such
expenditure. In the annual review of
suppliers, we evaluate them in terms
of product quality, after-sales service,
project safety, and environmental
protection. Delinquent	suppliers will

be identified, reviewed, and removed according to the Delinquent Suppliers Management Process.

In addition, to ensure that workers of suppliers receive their due payment on time, we specified, in our contracts with suppliers in 2020, terms on the separation of labor costs from project payments, use of dedicated account for workers' wages, payment period, and liabilities for violations.

1 The Supply Chain Management Principles regulates the business ethics of CR Power's suppliers in cooperation, specifies the responsibilities of suppliers in environmental protection, occupational health and safety, and practice on employment. The Principles also creates a channel to receive and handle grievances and complaints from suppliers (Please refer to the Supply Chain Management Principles for details).

46	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Number of suppliers in various regions							2020
			2019		2020																					evaluated
																								53		151,143 suppliers
																									39,527
																														hadn't
																								38		participated in any purchasing
																												for more than three
																			349				Identified 28,665
		Mongolia 205						Beijing	9											suppliers as qualified
					166															Percentage of suppliers certified
								Hebei		1194	1
Gansu 48						Shanxi 168	397														by the ISO 9001	(quality
																							management), ISO	14001
Qinghai 16				359															(environmental management),
																										and ISO 45001/OHSAS 18001
																										(occupational health and safety
															426											management) reached
																								100%
													350		28
			Sichuan	118 291				174	402
Yunnan				Guizhou	157			136										Percentage of economic contracts
					62									fulfilled
													260	632											100%
														596										Percentage of equipment localized
											Hainan	6	8												100%
																									P e r c e n t a g e o f r e s p o n s i b l e
																										procurement

100%

47

	Development Carbon-Low
	Management Safety and Risk
toward Transition the Accelerating Development driven-Innovation	Innovation at Attempts Bold
	Excellence of Pursuit

Society Better A

Persistence of Maintenance

Promoting Cooperation between Multiple Stakeholders

We collaborated with governments at all levels in a range of fields, primarily on poverty alleviation through photovoltaic and wind energy projects, sustainable wind energy development, construction of renewable energy bases, and intelligent energy services, to drive the industry and local economy. In 2020, we attended the National Energy Administration's "14th Five- Year" Power Planning Work Kickoff Meeting, the energy system reform planning seminars, and the wind power development seminars. At these meetings, CR Power gave

constructive suggestions based on experiences in energy structural reform, green power transformation, and technological innovation.

We explore ways to develop the i n d u s t r y , g a i n i n s i g h t i n t o t h e development trend, and lead or participate in research programs. As a key member of the China Fuel Management Standardization Technical Committee of Thermal P o w e r E n t e r p r i s e s , w e a r e responsible for the establishment o f f u e l m a n a g e m e n t s t a n d a r d s a n d r e s e a r c h o n t e c h n o l o g y

s t a n d a r d i z a t i o n . I n 2 0 2 0 , w e edited three industry standards: T e c h n i c a l S p e c i f i c a t i o n s f o r I n f o r m a t i o n S e c u r i t y o f P o w e r Plant Monitoring Systems, Basic G u i d e l i n e s f o r I n f o r m a t i o n Security Management of Power P l a n t M o n i t o r i n g S y s t e m s , a n d G u i d e l i n e s f o r P a r a m e t e r M e a s u r e m e n t a n d M o d e l i n g o f S y n c h r o n o u s G e n e r a t o r P r i m e Mover and its Regulating System. We also led the compilation of seven other standards, including t h e T e c h n i c a l G u i d e l i n e s f o r t h e E a r l y W a r n i n g S y s t e m o f

48	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

T h e r m a l P o w e r G e n e r a t i n g Units and Technical Guidelines for Calculating Online Energy Consumption of Thermal Power Plants.

We promote integrated energy services, explore new ways of developing renewable energy and making technological innovation, and closely work with partners in a mutually beneficial way . In 2020 we carried out various f o r m s o f c o o p e r a t i o n w i t h equipment manufacturers and local governments to accelerate

the development and building of renewable energy generation projects.

With the help of universities that h a v e i n t e l l e c t u a l a d v a n t a g e s in energy theory research and software development, we expedite the R&D of core technologies and the implementation of key projects . For example, we set up a joint R&D laboratory for intelligent energy together with Zhejiang University to research thermal energy utilization and hydrogen production technology;

we worked with Harbin Institute of Technology on the Cangzhou Intelligent Heating Project as part of our cooperation in heating network control; we developed the CHNT IIoT Testbed Project with Shanghai Jiaotong University; and we signed a cooperation agreement with Changsha University of Science and Technology to build practice and training bases, opening a new chapter of university-business cooperation.

49

	Development Carbon-Low
	Management Safety and Risk
toward Transition the Accelerating Development driven-Innovation	Innovation at Attempts Bold
	Excellence of Pursuit

Society Better A

Persistence of Maintenance

Total number of employees:

21,611

Total employee training hours:

952,206

Rate of employment contracts signed

100%

Total training expenditure

RMB4.39 mn

50	China Resources Power Holdings Company Limited DEVELOPMENT REPORT 2020

Pursuit of

Excellence

Maintaining

Growth through

Cohesion

CR Power regards talent as its most valuable core competitiveness. It appreciates and respects the different personalities and talents of its employees, seeks to promote their mental growth, and empowers them to achieve their full potential. CR Power fully respects and protects the fundamental rights and interests of each employee and is dedicated to maintaining a fair and impartial work platform and a safe work environment for them. Through a talent development strategy that promotes employee diversity and growth, we have created a career platform that allows the employees to bring their competence into full play to forge ahead together with them.

UN Sustainable Development Goal

Decent work and economic growth

CR Power Actions

Providing all employees with online training, learning, and examination on occupational health protection through two mini WeChat programs - Occupational Health Learning Platform and Training on Employee Occupational Health Protection;

Offering leadership training programs to all of the middle and senior managers, including but not limited to "Young Manager Training Class", "CR Leadership Program", "CR Excellence Program", and "Leadership Navigation Program";

Giving skill trainings for professionals - "Program for Command-in-Chiefs of Wind Power Construction Projects" and "Excellent Craftsman Program" - to build a pool of specialists;

Promoting upstream and downstream industries through project construction, cumulatively created employment opportunities for about 10,000 migrant workers, and helped the disadvantaged groups find jobs.

51

Building a Fair Work Platform

We are committed to protecting the rights and interests of the employees, advocating diversity and equal opportunities, improving compensation and performance management, increasing the types of benefits, and creating an inclusive, diversified, and fulfilling work environment.

Promoting Employee Diversity

Based on our business development strategy and the prospects of the industry and market, we have increased efforts to plan for developing high-end, innovative talents by analyzing the talent needs of key positions, identifying high-potential talents, and focusing on hiring hi-tech talents in sectors like new energy, smart energy, and power sales. In 2020, we recruited 790 employees via multiple local platforms, including online and offline channels, in accordance with the Management Standards for Recruitment, of which 127 are high-caliber talents with a master's degree or PhD degree.

In order to ensure the stability of social employment, we have organized public recruiting events for people with employment difficulties such as military veterans and migrant workers. The measures taken by us in this regard include reserving job positions for veterans and offering auxiliary positions at wind farms to local poor migrant workers. In 2020, thanks to collaboration with upstream and downstream companies through project construction, CR Power created job opportunities for around 10,000 migrant workers, helping increase their income. In addition, we have been continuously helping with the resettlement of employees that were laid off as a result of the shut-down of coal mines due to overcapacity and distressed companies. In 2020, 598 of these employees were diverted and resettled.

In 2020,

Total number of employees:

21,611

Turnover rate: 2.8%

A survey of employee engagement is carried out every year from 2017 to 2020. The employee engagement in the high performance/best employer

zone was 83%

52	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

319		471
Total employees
		recruited
		in 2020: 790
		Recruited		Recruited on
		off campus		campus

9 550

Employees by rank

21,052
Senior managers		Middle managers
Regular employees

17,9013,710

Employees by

gender

Female Male

44

Managers by

gender

515

Middle level and above female managers

Middle level and above male managers

17.58%					15.90%
				Employees by
				age group	26.85%
39.67%
			20-29					30-39
		40-49	4.26%		50 and above
					7.06%
8.43%
2.55%					17.54%
7.54%
1.83%	Employees by
					region		5.94%
13.95%
10.02%				15.97%
4.90%
	Headquarters			Northern China Region			Jiangsu Region
	Central China Region		South China Region				East China Region
	North China Region			Central and Western			Southeast Region
						China Region				CohesionthroughGrowthMaintaining
	Northeast China			Southwest China				Coal Branch
	Region			Region				Company

53

Excellence of Pursuit Innovation at Attempts Bold Management Safety and Risk Development carbon-Low

Society Better A

Persistence of Maintenance

Protecting Employee Rights and Interests

C R P o w e r s t r i c t l y p r o t e c t s t h e fundamental rights and interests of its employees in accordance with the PRC Employment Law, the PRC Employment Contract Law, the PRC Social Security Law, the Regulation on Paid Annual Leaves of Employees, the Regulation on Work-RelatedInjury Insurances, the Law on the Protection of Women's Rights and Interests, and other laws and regulations. CR Power undertakes to: eliminate all forms of employment discrimination, respect the human rights of employees, oppose forced labor, prohibit child

Signing rate of employment contracts:

100%

In 2020

Health record coverage ratio:

100%

labor, implement an employment policy that does not discriminate against sex, nationality, religion, or age, and respect the employee's rights to trade union representation

Protection of human rights

In accordance with the core principles of the Universal Declaration of Human Rights, the International Labor Organization (ILO), and the UN Global Compact, we have formulated the Human Rights Protection Principles1 to strictly forbid child labor and forced labor. In 2020, CR Power was neither a party to any major labor dispute, nor a subject of any human rights complaint.

Open communication

W e p r a c t i c e a d e m o c r a t i c management approach whereby open communication is encouraged. Through two-way communication c h a n n e l s , s u c h a s s e m i n a r s , complaints via leaders' mailboxes, annual interview on performance of duties, Human Resources Service Day event, and home visit, we keep close contact with employees to receive their input or suggestions; based on the suggestions obtained through this effective complaint channel, we make improvements to create a pleasant work environment.

Labor protection

We have formulated the Management Measures for Employment Contracts t o p r o v i d e t h e f r a m e w o r k a n d p r o c e s s e s f o r e n t e r i n g i n t o e m p l o y m e n t c o n t r a c t s w i t h employees. We have always abided by the principles of lawfulness, fairness, and integrity and have always conducted fair negotiations with employees before signing employment contracts that include the rights and obligations of both parties and arrangements for compensation and dismissal, recruitment and promotion, w o r k i n g h o u r s , a n d h o l i d a y arrangements, in order to maintain and protect the legitimate rights and interests of employees.

Privacy protection

We protect the personal information of the employees against willful or accidental disclosure to non- staff personnel. During recruitment, p e r f o r m a n c e e v a l u a t i o n , a n d compensation management, we permit access to employee's personal d a t a ( i n c l u d i n g r e s u m e s a n d information on their family, salary, and health status) only by dedicated personnel and only after they have received special approval.

1 The Human Rights Protection Principles is applicable to all of CR Power's subsidiaries and suppliers. (learn more about the Human Rights Protection Principles)

54	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Social security	Average number of paid
coverage ratio:	holidays per person

100% 8

Physical examination coverage ratio:

100%

Performance management

By adopting a target-oriented approach, we communicate with employees in an objective and fair manner to set clear, specific, and challenging targets for continuous improvement in their performance; based on an impartial assessment of their value contribution, we give them a fair reward; through performance feedback, we can better encourage them to leverage strengths

and improve weaknesses.

Benefits

We have drawn up a comprehensive benefits scheme to cater to the employees' needs, consisting of contribution to pension, medical, unemployment, work-related injury, maternity insurances and housing provident fund, additional coverage o f c o m m e r c i a l i n s u r a n c e s a n d supplementary pension insurance (i.e., enterprise annuity), and annual physical examination for all employees. Independent contractors are also included in our social security and commercial insurance scheme. We have released the Headquarters Management Measures for Vacation Leaves to safeguard the employees' right to vacation leave and provide female employees with entitlement to extra days off each month.

Improving Compensation and Benefits

While ensuring internal fairness and external competitiveness, CR Power's compensation is based on position, performance, and competency. CR Power has formulated the Management Rules for Compensation and Benefits a n d t h e M e d i u m a n d L o n g - t e r m Strategic Incentive Plan to improve its compensation and performance management mechanism that is based on value contribution, efficiency, and professionalism.

Compensation management

We link the compensation of employees with the value of the position, performance, and competence (including knowledge, skills, and behavioral attitude). When other conditions are the same, employees with higher position value, performance, and competence generally receive higher compensation. We have in place a process to receive and respond to employees' complaints about their performance evaluation results. This process ensures effective and timely feedback and responses to their complaints.

Incentive mechanism

To motivate and retain employees in key positions, CR Power determines incentives for such employees at each level by fully considering factors such as the compensation trend in the industry, the Company's position in the industry, compensation strategy and linking their income with the Company's achievement of business performance and strategic targets as a whole.

	Development carbon-Low
	Management Safety and Risk
	at Attempts Bold
	Innovation
Cohesion through Growth Maintaining
Excellence of Pursuit
	Society Better A
	Persistenceof Maintenance

55

Enhancing Employees' Competence

To provide employees with sound promotion channels, we have issued t h e M a n a g e m e n t S t a n d a r d s o f CR Power Headquarters for Rank Adjustment and the Guidelines for the Implementation Plan on t h e P r o f e s s i o n a l D e v e l o p m e n t Paths at Regional Companies and designed dual career development

paths (i.e., the professional line and the managerial line) . Each employee may choose a suitable career development path based on their personal development goal and professional skill needs and taking into account the Company's internal talent development plan. We offer a reasonably designed

training system and a diverse range of training programs to different types of employees - new recruits, employees in professional positions, and middle and senior managers - to help and support them in professional development and competitiveness improvement.

Training for new recruits

P u r s u a n t t o t h e M a n a g e m e n t Measures for Mentors of New Recruits, we subject each new employee to a two-year training program and they are assigned to

1. mentor for one-to-one guidance. We have organized the "Future Star" training camp for years, which serves as an orientation program that prepares new employees for their future growth. In 2020, the "Future Star" training camp, held at 10 different sites, provided a 30- day orientation training to over 300 new graduate employees.

W e h a v e b e e n e n d e a v o r i n g t o create a self - learning and self - i m p r o v e m e n t c u l t u r e . W i t h a n aim to fully increasing employees' c a p a c i t y , w e h a v e d r a w n u p the Management Standards for Employees' Participation in External T r a i n i n g a n d t h e M a n a g e m e n t Measures for Training of Dispatched

Training in professional skills

We provide tailor-made training programs for employees in different positions to assist them improve expertise and skills; specialized training programs for professional talents, such as "Program for Command-in-Chiefs of Wind Power Construction Projects", "Excellent Craftsman Program", and "Cross- Discipline Training in Centralized Control/Auxiliary Control"; and occupational training programs for all employees in functional positions, such as "Professional Quality Program", "Compliance Evaluation Program", "EHS Management Improvement Program", and "HR Three Pillar Model Program".

Employees to encourage employees to seek learning opportunities and external training and to pursue h i g h e r a c a d e m i c d e g r e e s . W e also help employees manage their applications for professional titles by reviewing, verifying, archiving, and conducting web assessment of application materials in areas

Leadership training

CR Power's middle and senior managers regularly participate in leadership training programs at China Resources University, such as "CR Approach Program" and "Business Approach Program". In 2020, 15 managers attended the "CR Approach Program". To cultivate potential talents and managers, CR Power also offers leadership trainings for employees at the appropriate level, including "Online High-end Talent Training Course" and "Young Manager Training Class" for direct managers of its controlled companies, and "Young Manager Training Class", "CR Leadership Program", "CR Excellence Program", and "Leadership Navigation Program" for direct managers of its regional companies.

such as engineering, economics, a r c h i v i n g , a n d n e w s . I n 2 0 2 0 , we reviewed and selected more than 60 applications and helped 22 employees obtain professional titles in archiving, engineering, and economics.

56	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Our efforts in talent cultivation

CR Power places high value on establishing a deep strategic partnership with colleges and universities in the R&D and application of technologies and cultivation and training of talents. Such partnership allows CR Power to speed up the R&D of core technologies and the implementation of major projects by taking advantage of the intellectual resources of colleges and universities in energy theory research and software system development.

In 2020, a "Craftsman Training Center" was inaugurated by East China Region and Nanjing Institute of Technology for an "Excellent Craftsman Training Program". This program provides courses in operation and maintenance of thermal power plants, heating, new energy, and other subjects in seven classes for 161 outstanding young employees in key front-line positions. By 2020, the Center had completed 51 courses (including two on practical operation), totaling 606 hours, covering 2,044 participants, and creating 1,860 designs . This program has produced 42 papers published on national journals and 35 on provincial or ministerial journals, 17 patent applications, 386 design reports, and two proceedings.

Facts & Figures:

Training coverage ratio for employees:

100%

Leadership training coverage ratio:

100%

Professional skill training coverage ratio:

100%

Training coverage ratio for senior managers:

100%

Training coverage ratio for middle managers:

100%

Training coverage ratio for male employees:

100%

Training coverage ratio for female employees:

100%

Total employee training hours:

952,206

Average training hours per person:

49.5

Average training hours per person for senior managers:

34.4

Average training hours per person for middle managers:

38.8

Average training hours per person for ordinary employees:

50.1

Average training hours per person for new employees:

12

Total training expenditures: RMB4.39mn

57

	Development carbon-Low
	Management Safety and Risk
	at Attempts Bold
	Innovation
Cohesion through Growth Maintaining
Excellence of Pursuit
	Society Better A
	Persistence of Maintenance

Achieving Work-Life Balance

Maintaining Physical and Mental Health

CR Power cares much about the employees' physical and mental health . In compliance with the PRC Law on the Prevention and C o n t r o l o f t h e O c c u p a t i o n a l D i s e a s e s a n d o t h e r a p p l i c a b l e laws and regulations, CR Power has been improving its rules on occupational health management by drawing up the Occupational Health Management Standards , which specifies the duties of each functional department and position

Occupational disease prevention and control week: CR Power has organized activities such as occupational health examinations, hearing care, and healthy China initiative, to push its affiliated e n t i t i e s t o f u r t h e r i m p r o v e occupational health management.

Occupational health learning platforms: CR Power has opened two mini WeChat programs - Occupational Health Learning Platform and Training on Employee Occupational Health Protection - to offer online training, learning, and examination on occupational health protection for all employees.

Occupational health training:

CR Power has provided 23,980 operation personnel with eight training courses in respiration, hearing, and eye protection, the average duration of which is 30 minutes.

in day-to-day occupational health management. In 2020, we took a wide range of measures, including o c c u p a t i o n a l h e a l t h t r a i n i n g , o c c u p a t i o n a l d i s e a s e p u b l i c i t y activities, and work environment i m p r o v e m e n t s , t o r a i s e t h e employees' health awareness and create a culture that values safety and health, helping them live a healthy life and work in a pleasant manner.

Occupational health and safety roadshow: CR Power has organized

14 occupational health roadshows, offering training for more than 300 people.

I m p r o v e m e n t o f t h e w o r k environment for projects: As a part of its focus on occupational health, CR Power has supported its project company in constructing a dust-freesample preparation room in Heze Power Plant to ensure the sample preparation personnel work in an operating environment with lower dust concentration.

P r o m o t i o n o f h e a l t h y l i f e concept: In addition to encouraging the employees to participate in physical exercise, CR Power has offered mental health trainings to help improve their pressure management capability so that they can better cope with pressure at work.

Aiding Needy Employees

CR Power has set up the "CR Power Care Fund" to help solve the life difficulties of the employees and their families. In 2020, CR Power gave a financial aid of about RMB203,000 to

employees with financial difficulties and their family members and children as well as sick employees and their family members.

58	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Low-carbon Development	Risk and Safety Management	Bold Attempts at Innovation	Pursuit of Excellence	A Better Society	Maintenance of Persistence

Maintaining Growth through Cohesion

59

Total charitable donations:

RMB175mn

Poverty alleviation contributions:

RMB33mn

Participants in volunteer services:

2,793

60	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

A Better Society

Creating Harmony through Joint Efforts

Confronted with the severe challenges posed by the COVID-19 pandemic, CR Power has promptly responded to the country's call for action by fully implementing joint prevention and control measures, building stringent lines of defense across society, and fighting against the pandemic together with people all over the country. In response to the UN Goal of "ending poverty in all its forms everywhere", CR Power has been contributing to China's poverty alleviation campaign. In addition, CR Power has been an active participant in public welfare activities, caring about people's livelihood. These actions represent our contribution to a harmonious and better society.

UN Sustainable Development Goal

No poverty

CR Power Actions

Innovatively integrating renewable energy projects into the poverty alleviation strategy and continuously supporting poverty alleviation through wind and photovoltaic power projects. By the end of 2020, we have signed 1,105 MW of wind power poverty alleviation projects in Hubei, Guangdong, Guangxi, and other regions;

"Contributing more than RMB200 million in poverty relief funds during the 13th Five-Year Plan period, covering more than 18,000 poor families;

Reasonably developing and utilizing energy resources in poverty-stricken areas to build energy infrastructures such as wind farms and photovoltaic power stations, making energy more accessible to the poor people.

61

Fighting the COVID-19 Pandemic

After the sudden outbreak of COVID-19 in the early spring of 2020, CR Power immediately responded to the nation's pandemic prevention and control arrangement by taking strict prevention and control measures in its power plants, construction sites, and work places all over China. At the same time, being concerned about the impact of the pandemic on all other sectors of society, CR Power took actions to help resume local work and production.

In the early days of the pandemic, we promptly established a leading group for pandemic prevention and control headed by the President to make quick arrangements; we required all affiliated entities and departments to implement prevention and control measures at full strength to ensure the physical health of all employees and avoid the spreading of the virus within the Company. To build a strong line of defense for life safety, we tracked the health conditions of the employees in real time through a reporting mechanism, timely purchased, distributed and stockpiled pandemic prevention materials such as masks, regularly sprayed disinfectants in the plants, and strictly controlled the access of personnel and vehicles.

While ensuring the health of the employees, our power plants required them to hold fast to their positions and perform their duties to ensure safe production and continuous, stable power and heat supply. Based on their own characteristics, all regions have implemented epidemic prevention and power protection measures in accordance with local conditions, and continued to ensure power supply for the restoration of production and life in all regions.

Donating self-produced	Providing pandemic	Offering timely
disinfectants:	prevention materials to		assistance to
	hospitals:		communities:

Facts & Figures:

When the pandemic was at its worst, in addition to ensuring safe, stable power supply, CR Power did everything it could to help the society tide over the pandemic crisis. From January to June 2020, we donated:

Masks: around 247,000

Protective suits:5,150

Medical gloves:12,700

Goggles:1,920

Thermometers:7,659

Disinfectants:516 tons

Caofeidian Power Plant in Tangshan, Hebei Province, Haifeng Power Plant in Guangdong Province, and Wenzhou Power Plant in Zhejiang Province donated s o d i u m h y p o c h l o r i t e produced by electrolyzing seawater to address the urgent need for disinfection materials for public areas.

We immediately provided material support to CR & WISCO General Hospital and the Affiliated Hospital o f X u z h o u M e d i c a l University after the outbreak of the pandemic, and made donations during the subsequent fight against the pandemic.

As the pandemic spread, we provided our support to the communities through d o n a t i o n s o f m o n e y , disinfectants, and masks, and publicity on epidemic prevention knowledge.

62	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Joining Efforts for a Well-off Society

DevelopmentCarbon-Low

We leverage our strengths in resources and energy technologies to support the development of local industries and engage in public welfare and poverty alleviation programs, supporting the development of local women, farmer, herdsman, and fishman communities and other disadvantaged groups and making due contributions to building a well-off society in an all-rounded way.

Fighting a Battle Against Poverty

We have reasonably developed renewable energy resources in poverty-stricken areas and built renewable energy infrastructures to improve accessibility of energy for the poor people. We have also provided employment opportunities and poverty relief funds for local people and support for the development of industries specific to these areas to drive the regional economic development. These efforts aim to establish a sustainable poverty alleviation model.

As of the end of the reporting period, we have signed wind power and photovoltaic poverty alleviation projects in Hubei, Guangdong, Guangxi and other regions with a total of 1,195 MW, and issued poverty alleviation funds of RMB57.04 million.

In terms of poverty alleviation through industry development, we have assisted poverty-stricken areas in developing their agriculture, animal husbandry, and other industries and, taking into account consumption- driven poverty alleviation e-commerce platforms and various offline channels, identified suitable supply chains for their agricultural and sideline products, in a bid to increase the sales of such products. This helps raise the living standards of farmers and herders and revitalize the rural areas. In May 2020, CR Power signed an Industrial Cooperation Framework Agreement with Zhangbei County Government to develop 1 GW photovoltaic power base in Zhangbei County and innovatively promote the integrated development of the Chinese herbal medicine planting and processing industry, livestock breeding and processing industry, marketing of green agricultural and sideline products, and building of beautiful rural areas in Zhangbei County.

In 2020

CR Power's poverty reduction donations:

about RMB14.35mn

Contribution of revenue from public-private partnership projects to local poverty relief funds RMB18.17mn

	Management Safety and Risk
	at Attempts Bold
	Innovation
	Excellence of Pursuit
Jointthrough Harmony Creating
Society Better A
Efforts

63

Persistence of Maintenance

Our efforts in poverty alleviation:

In 2012, Fuyang Power Plant repaired village roads and installed solar power		2020	While seeking to alleviate poverty
panels in Laowangzhai Village, Xinmaji Town, Jieshou City, Anhui Province,			through industry development, Fuyang
marking the start of its targeted	poverty alleviation program. In 2017,				Power Plant	has built a	close tie	with
		the villagers	by solving	difficulties	and
Fuyang Power Plant assigned a poverty alleviation task force to the village,
		bringing them tangible benefits. In early
which prepared a Feasibility Report on the Planting of Sweet Potatoes in
		2020, Fuyang	Power Plant provided	the
Laowangzhai Village based on many field surveys and communications
		village with a financial aid of RMB40,000
with professional institutions. Considering the village's nearly	400-
		to support 59 registered poor students in
year history of planting sweet potatoes and fertile soil resources, the
		their schooling.
report suggested the planting and	innovative sales of new sweet	2019	Laowangzhai Village with its "Xiguahong"
potato varieties as a solution to lift the villagers out of poverty.
			sweet potatoes was invited by the Red Cross
The village has developed a full-fledged business model covering				Society of China Anhui Branch to the "JD
			Crowdfunding Poverty Alleviation Contest".
planting, deep processing, and sales. Each of the former				The village raised over RMB100,000 through
impoverished households has seen an annual increase			crowdfunding in a month and secured a third place
of over RMB5,000 in income through planting sweet		in	the roadshow contest. In addition, Fuyang Power
potatoes. With the help of Fuyang	Power Plant,		Plant donated a sweet potato harvester to the village's
	collective enterprise to provide free harvesting services to
Laowangzhai Village, which had a	poverty
	the impoverished households each year.
rate of 10.2% in 2012, had completely
eliminated poverty by the end of	August 2018	Within three	months after	the "Xiguahong" sweet

2020.	potatoes went on massive sale, more than 50,000 kg
	were sold online. The "Xiguahong" sweet potatoes put
	Laowangzhai Village on the road to prosperity.

	June 2017	The poverty alleviation task force introduced the "Xuguahong" sweet
May 2017		potato variety, which was initially grown by large planters. The task force
dispelled their concerns about the sales of the sweet potatoes by pre-selling
	the sweet potatoes online.

The poverty alleviation task force opened up experimental fields and introduced local excellent purple sweet potato seedlings to lead the villagers in planting purple sweet potatoes. At the same time, the task force started a plan for developing a "Pujianwang" sweet potato brand by incorporating a startup company mainly engaging in the sales of sweet potatoes and their by-products like sweet potato noodles.

64	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Actively Participating in Public Welfare Programs

In 2020

Volunteer activities organized:

Development Carbon-Low

CR Power has formulated and

i m p l e m e n t e d t h e C R P o w e r M a n a g e m e n t S t a n d a r d s f o r Charitable Activities in strict accordance with the PRC Law on Donations for Public Welfare , Circular of the Ministry of Finance on Strengthening the Financial Administration of the Donations Made by Enterprises , and other

applicable laws and regulations. Following relevant rules, the regional companies have recruited local low- income people to improve their living standards, given financial aid to poor students, and provided voluntary assistance services, benefitting the daily life of vulnerable groups. In addition, they ensure that their care and donations reach those in need.

332

Volunteers in public charity activities:

1,114

Total charitable donations by CR Power and its employees: RMB175mn

Management Safety and Risk

Bold

Financial aid for

students

In 2020, CR Power's 34 managers participated i n a " o n e - t o - o n e " financial aid program for p o o r c o l l e g e s t u d e n t s in Haiyuan County by d o n a t i n g R M B 6 3 , 0 0 0 ; in September, CR Power started to construct a C R p r i m a r y s c h o o l i n Fuchuan Yao Autonomous C o u n t y , G u a n g x i ; i n a d d i t i o n , C R P o w e r donated RMB300,000 to help orphaned children continue their schooling.

Shouyangshan Power Plant in Henan developed an excellent study tour course for primary and middle schools, which is titled "Promoting Growth through Power-themed Study Tour".

Guizhou Renewable Energy Company provided "CR - Guizhou Classroom" volunteer services in the Chengguan No.5 Primary School of Jianhe County. It gave the students a class on basic wind power knowledge, donated learning gift packages to them, and helped fulfill their little wishes.

Feixian Wind Farm in Shandong Province organized a "student aid" charity donation event to donate stationery, sports equipment, and books to the pupils of the Mengjiazhuang Primary School, delivering warmth and hope to them.

Education assistance

Environmental

protection

W e d o n a t e d a t o t a l o f RMB20 million to build ecological protective forests in Haiyuan County, Ningxia, and RMB760,000 to install smart street lights in the CR Hope Towns in Guizhou, Hubei, and other regions.

T h e " R u n x i n g " L o v e Service Team of Tangshan Fengrun Power Plant in Hebei Province provided r e g u l a r v o l u n t e e r services to the Tangshan Lanfenghuang Support C e n t e r f o r M e n t a l l y Retarded People; Liyujiang Power Plant in Hunan Province gave gifts to the children with special needs in the Zixing Special E d u c a t i o n S c h o o l o n Children's Day.

Assistance to the

disadvantaged

	at Attempts
	Innovation
	Excellence of Pursuit
Jointthrough Harmony Creating
Society Better A
Efforts

65

Persistence of Maintenance

66	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Maintenance of Persistence

Promoting a

Culture of

Responsibility

CR Power has developed a "Power Culture" that embodies its distinctive features and corporate image. This Power Culture model is inspired by the two essential parts of a generator - the stator and the rotor. CR Power's mission statement, vision, values, development philosophy, and corporate spirit form the core of its corporate culture. Its operating and management policies are derived from and are complementary to those core principles, providing guidance for all the Company's day-to-day activities, and supplying endless "power" to its employees, to the Company as a whole, to the economy, and to the society.

67

Deepening Social

Responsibility

Management

CR Power has formulated the Social Responsibility Program Management Standards and created a four-levelsocial responsibility governance structure consisting of the Leadership Team, the Guidance Team, the Coordination Team, and the Implementation Team to promote sustainable development programs in an all- round way from the Board of Directors, the Management Team, and functional departments to business units.

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CR Power's "Power Culture" Model

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Governance Structure

Main Responsibilities

Leadership Team	Sustainability
Committee1

Reviewing monthly public sentiment and social responsibility reports;

Reviewing semiannual summaries of and improvement plans for CR Power's sustainable development programs and offering suggestions;

Supervising CR Power's handling of matters that relate to society, environment, and business ethics and have an impact on shareholders and other stakeholders; and

Reviewing Company policies and performance on sustainable economic, environmental, and social development and offering suggestions to the Board of Directors.

					Studying CR Power's strategies on social responsibility programs;
Guidance Team	Social Responsibility				Studying and approving CR Power strategic plans, major rules, and annual plans and reports on
Steering Committee				social responsibility; and

Studying and approving CR Power's major issues on social responsibility.

Coordination Team	Administrative Office
of Headquarters

Preparing CR Power's medium- and long-term plans on social responsibility; and facilitating the implementation of CR Power strategic and annual plans on social responsibility, and major resolutions of the Sustainability Committee under the Board of Directors and the Social Responsibility Steering Committee;

Organizing the preparation of CR Power's annual sustainable development reports;

Developing sound rules and indicator systems for CR Power's social responsibility programs; conducting performance assessment; and organizing best practice recognition programs; Guiding affiliated entities' social responsibility efforts and promoting social responsibility initiatives;

Organizing studies, training, communications, and other day-to-day management affairs concerning CR Power's social responsibility programs;

Overseeing corporate governance, information disclosure, media relations, brand management, poverty alleviation, public welfare, and other work; and

Regularly updating the Sustainability Committee under the Board of Directors on CR Power's social responsibility achievements.

Departments & Offices

of Headquarters

Implementation Team Regions

Regional Companies

Project Companies

Identifying the heads and points of contact for social responsibility programs and being responsible for supervising and advancing such programs in line with their functions; accepting the guidance and performance evaluation of the Company on social responsibility programs; Making social responsibility plans as delegated by regional companies; promoting responsibility integration; introducing innovative responsibility practices; and enhancing responsibility performance capacity;

Submitting information on social responsibility reports as required by the Company; and Broadcasting their social responsibility achievements and performance, and strengthening communication with stakeholders.

1 CR Power has issued the Terms of Reference of the Sustainability Committee, which sets specific standards and management requirements for the role, members, meetings, reports,

responsibilities and functions, and review of the Sustainability Committee ( Learn the details of the Terms of Reference of the Sustainability Committee).

68	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

U n d e r t h e l e a d e r s h i p a n d s u p e r v i s i o n o f t h e Sustainability Committee, we have improved the closed-loop management procedures of sustainable development, covering goal setting, work plans, day- to-day management, result presentation, and progress evaluation. We have been improving sustainable development management by conducting regular communication and formulating plans on sustainable development. In 2020, CCR Power was incorporated into the Hang Seng ESG 50 Index and the Hang Seng Corporate Sustainability Benchmark Index.

Our efforts in social responsibility:

In 2020, focusing on sustainable development, we fully initiated the classification-based management of rules concerning sustainable development based on capital market ratings and indices and the performance of leading international peers in sustainable development management and practices, shifting to optimizing the management system of such rules. Taking into account the existing rules, we prepared and published policy documents, including CR Power Supply Chain Management Principles, CR Power Environmental Protection Principles, CR Power Human Rights Protection Principles, and CR Power Code of Business Conduct and Ethics; in addition, we established a database of indicators for sustainable development of the capital markets, further refined the sustainable development programs and requirements of the Company and its affiliated entities, and conducted research on sustainable development and social responsibility theories, paving the ground for the sustainable development management of the Company as a whole.

In May 2020, the Company's Executive Directors chaired the Sustainable Development Report & Social Responsibility Meeting to summarize and review the implementation of the Company's sustainable development programs in the previous year and set new goals and requirements for sustainable development programs in the current year. In November, based on the progress of the Company's sustainable development programs and the external evaluation of such programs, the Company's relevant departments and offices reported on how to elevate the Company's performance in sustainable development, respond to the concerns of the capital markets, and further improve the preparation of reports. In 2020, the Coordination Team submitted 12 CR Power Monthly Public Sentiment and Social Responsibility Reports to the Board of Directors, providing timely and complete updates on the Company's social responsibility management.

69

Excellence of Pursuit Innovation at Attempts Bold Management Safety and Risk Development Carbon-Low

Society Better A

Responsibility of Culture a Promoting	Persistence of Maintenance

Facilitating Communication of

Our Responsibilities

We take day-to-day communication with our stakeholders seriously and have opened various channels to receive comments and suggestions. We share with stakeholders the latest changes in our operations, culture and values, and future plans, to help them understand and appreciate our actions. In addition, we incorporate their expectations and concerns in our corporate strategies, operations, and management to win their support.

Stakeholders

Government and

regulatory agencies

Investors

Employees

Main Concerns	Engagement Methods	Response Measures
Legal and regulatory	Formulate rules and policies	• Comply with laws and regulations
compliance	Strategic cooperation	• Reduce operational safety hazards
Work safety and environmental	Information submission	• Prevent major accidents
protection	Work reports	• Meet national environmental standards
Promote economic	Statistics reports	• Respond to the national goal of reaching carbon
development		neutrality by 2060
Tax payment		• Guarantee employee compensation and benefits
Job creation
Corporate stability
Corporate governance	Shareholder meetings	• Establish rational decision-making, execution, and
Performance of sustainable	Information disclosure	supervision mechanisms, and strengthen internal
development	On-site visits	controls
Performance growth	Roadshows	• Pursue qualitative growth and value creation
Dividend distribution		• Improve information disclosure and increase
Investor relations		transparency
Stock performance		• Organize and participate in a variety of
		shareholder engagement events
Legitimate rights and interests	Employee representative	• Sign employment contracts as required by law
Compensation and benefits	meetings	• Hold training to encourage internal mobility
Career development	Employee suggestion	• Implement occupational health programs
Training	Intranet and public-facing	• Improve production and office environments
Occupational health and	websites	• Conduct annual employee satisfaction surveys
working environment	Seminars, networking, etc.	• Improve human resource policies
Employee care
Provide safe and stable	Satisfaction surveys	• Provide adequate, reliable, and environmentally
electricity, heating, and cooling	Agreements/contracts	friendly energy services such as power, heat,
	Customer meetings	cooling, and coal
		• Offer integrated energy solutions

Customers

70	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Stakeholders

Main Concerns

Engagement Methods

Response Measures

Contract compliance and

High-level meetings

• Ensure transparent procurement process

mutual trust

Agreements/contracts

to eliminate commercial bribery

Equal and Long-term

Products and services

• Maintain integrity and business ethics

cooperation

• Sign long-term strategic cooperation

Mutual benefits

agreements

Partners

Environmental protection

Philanthropic events

• Ensure environmental protection and

Safety and stability

Community building

compliance with pollutant emission

Harmonious community

standards

Charity programs

• Promote circular economy and green

Public relations

office

• Strengthen safety management and

Communities and

prevention of major accidents

• Participate in community events and

environment

support philanthropic programs

• Build CR Hope Town

Information disclosure

Activity organization

• Organize field surveys, interviews, and

Interaction with media

On-site visits

reports

Contribution to NGOs

Information disclosure

• Release advocacy materials and invite

Impact on sustainable

media to monitor social responsibility

development

programs

• Participate in industry exchange

meetings and professional skill

Media and NGOs

competitions

• Engage in productive exchanges with

NGOs

Excellence of Pursuit Innovation at Attempts Bold Management Safety and Risk Development Carbon-Low

Case Study

The 5th Open Power Plant Month Themed "Cloud Empowered Green Tour"

According to the Five-Year Plan of CR Power on Open Power Plant Month (2018-2022),we continue to carry out public open activities to increase the understanding and recognition of CR Power, and actively listen to the comments and suggestions from the community. In September 2020 we held the 5th Open Power Plant Month themed "Cloud Empowered Green Tour." It was the first time we adopted an innovative method that allowed the public to tour around CR Power through live streaming, appreciating our intelligent technologies. The event had over 400,000 viewers.

Society Better A

71	Responsibilityof Culture a Promoting	Persistenceof Maintenance

Targeted Responses to Issues

To fully and accurately inform internal and external stakeholders of our progress toward sustainability, we have further optimized the identification and evaluation processes of sustainability issues, created a materiality matrix to reflect the concerns of stakeholders, and made targeted responses.

01 Identifying and Selecting Sustainability Issues

Policy Trend Analysis:

Understand national macro - policies, energy/power industry policies and regulations, and industry sustainable development trends;

Corporate Development Plan:

Identify key issues significant to CR Power's strategic goals as per the strategic development plans and annual business plans of CR Group and CR Power;

Analysis of Standards:

Analyze the GRI Standards, UN SDGs, TCFD recommendations, and CASS Guidelines on Corporate Social Responsibility Reporting for Chinese Enterprises to understand the latest management standards and disclosure requirements for sustainability issues.

Capital Market Analysis:

Prioritize sustainability issues by reference to the MSCI ESG Ratings, Hang Seng Corporate Sustainability Index, Carbon Disclosure Project (CDP) index requirements, and Sustainability Accounting Standards Board (SASB) Standards related to the sustainability management of the power sector;

Peer Benchmark Analysis:

Conduct benchmark analysis on sustainable development reports of leading domestic and foreign peers, and analyze and identify key issues and disclosure approaches for the power sector.

02 Stakeholder Survey

Invite internal and external stakeholders to evaluate the materiality of the 7 environmental, 11 social, and 8 governance issues identified, and comment on our existing sustainability strategies, performance, and reporting methods via an online questionnaire.

In 2020, 610 stakeholders took part in the survey, including CR Power's directors, senior managers, e m p l o y e e s , i n v e s t o r s / s h a r e h o l d e r s , p a r t n e r s , suppliers, media, the public, government agencies, and regulators.

03 Materiality Analysis and Review

Collect and analyze the responses and assign risk-based weightings to the issues, forming a two-dimensional representation of the materiality of each issue to stakeholders and to corporate development. Screening and analysis results will be reviewed by internal management and external experts.

04 Responses and Disclosure

For substantive issues, formulate and implement an action plan, and disclose it in the report.

2020 CR Power ESG Issue Materiality Matrix

		High						Very High
							4			1
Materiality		9						5		2
						7	6	3
		16
								8
to			12				10
Stakeholders		17	14	13		11
				15
		21
							18
							20
								19
				22
Moderate	Materiality to Corporate
Issues with very high materiality
1	Carbon Reduction				6	Corporate Governance and
2	Corporate Culture and					Risk Management
	Business Ethics				7	Strengthening Ecological
3 Response to National Policies				Protection
4	Safe Production and				8	Employee Training and
	Occupational Health					Development

5 Reduction of Exhaust and Pollutant Emissions

Issues with high materiality

9	Employee Rights and Care	17	Preserving and increasing the
10	Technological Innovations and		value of state-owned assets
	Transformation	18	Protecting the rights and
11	Water Resources and		interests of shareholders
	Wastewater Management	19	Community Service and
12	Sustainable Development		Philanthropy
	Planning	20	Respecting intellectual
13	Improving Customer Service		property
14	Protecting Data Privacy and	21	Responsible supply chain
	Security	22	Industry Cooperation and
15	Waste Disposal and Utilization		Development
16	Protecting Market Environment

72	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

CR Power engages its management and implementation personnel at all levels in the preparation of its annual sustainable development reports . Before the preparation of a report, the Guidance Team trains the Coordination Team and Implementation Team according to the requirements and goals set by the Leadership Team. The Implementation Team then collects and submits reporting materials, based on which the Coordination Team prepares a

report and coordinates data assurance and report rating with an independent third party. Following completion of the report, the Leadership Team reviews its contents and submits it to the Chairman for final approval. After the report is released, the Coordination Team organizes the promotion and dissemination of the report and collects comments from stakeholders, to further improve CR Power's sustainable development program.

Attempts Bold Management Safety and Risk Development Carbon-Low

Guidance Team		Material
Coordination Team		Collection
Implementation Team
		Training	Progress	Sustainability
		for Report
Implementation Team		Evaluation	Goals
	Preparation
		Team
Coordination Team		Report
		Preparation
Leadership Team		Report Review	Results	Work Plans
			Presentation
Independent		Assurance and
Third Party		Rating

Excellence of Pursuit Innovation at

Leadership Team

Day-to-Day

Management

Report Release

A

Coordination Team

Society Better

73	Responsibilityof Culture a Promoting	Persistenceof Maintenance

A Glance at the Future

The year 2021 marks the beginning of the 14th Five-Year Plan and the 20th anniversary of CR Power. In this year, we will commit to the goals of the 14th Five-Year Plan by developing new growth drivers, expanding into new areas, and exploring new technologies. Together with our stakeholders on this new journey, we will make greater contributions to the high-quality development of China.

We will implement the national energy security strategies and the new development philosophy, meet the requirements under the goal of reaching carbon peak by 2030 and carbon neutrality by 2060, and seek rational, high-quality development. Specifically, we will continue to develop new energy and increase its installed capacity mix, striving to increase the installed capacity of renewable energy by 40 GW in 5 years and, by the end of 2025, raise the proportion of total renewable energy capacity to over 50%. Aligning with world leaders, we will strengthen and expand our main businesses, and stay abreast of emerging new technologies, new models, and new businesses, thus laying a solid foundation for our transformation and sustainable development.

We will continue to optimize the organizational structure, improve the employee training and development system, develop training programs targeting different positions and levels, and create an incentive system that covers all employees. To promote community development, we will boost the management of charity events, focus on people's wellbeing, and carry out more distinctive and influential charity programs. We will also promote the incorporation of renewable energy technologies into industry development, boosting local economy.

Spring is the season of hope, and the beginning of a new year. This year we will take more confident, determined, and concerted steps toward our aspiration of growing into a world-class renewable energy provider by 2038, the centennial of CR Group. As China is entering into a new stage of energy development, we will join hands with our stakeholders to contribute to a green, safe, and efficient energy transformation as well as a sustainable development for all.

74	China Resources Power Holdings Company Limited SUSTAINABLE DEVELOPMENT REPORT 2020

Appendix

Major Social Responsibility Awards Received

Award

Included to Hang Seng ESG 50 Index

Included to Hang Seng Corporate Sustainability Benchmark Index

Asian Power Awards :

Innovative Power Technology of the Year (Battery Energy Storage for Fast AGC Frequency Regulation at CR Power Liyujiang Power Plant)

Biomass Power Project of the Year - Gold (Rizhao Kaidi Ecological Energy Co., Ltd.1 x 30 MW Biomass Cogeneration Project)

Wind Power Project of the Year (New Energy (Huanxin) Wind Power Co., Ltd.)

Solar Power Project of the Year (Lanxian Chunhui Photovoltaic Power Station)

Research Center for High-Quality Development of China's Energy Sector - Demonstration Project for Poverty Alleviation through Wind Power

Ranked 7th in Greater Bay Area Business Sustainability Index

Hong Kong Green Awards - Corporate Green Governance Award (Environmental Monitoring and Reporting)

Green Management Award - Gold Sustained Performance (6 years+) Certificate

Outstanding Innovation in Equipment Management of Power Companies in 2019

#3 unit awarded with COAL TOP PLANTS for High-Temperature Comprehensive Upgrading Retrofit of Subcritical Unit

1. Rating, Enterprise with Good Practice on Standardization

#5 unit recognized as AAAAA-Grade Best Generator in Energy Efficiency

#1 and #2 units recognized as AAAAA-Grade Generator in

300 MW-Class Subcritical Pure Condensing Liquid-Cooled Generators

#1 unit recognized as Best Generator in Power and Coal consumption in 350 MW-Class Supercritical Heat Supply Liquid-Cooled Generators

Outstanding Integrated Smart Energy Project in 2020

Conferred by

Hang Seng Indexes

Company Limited

Asian Power

China Energy News

Centre for Business Sustainability (CBS) of CUHK Business School, CUHK, SGS (HK)

Hong Kong Green Council

China Electric Power Equipment Management Association

POWER

China Electricity Council

China Electricity Council

China Electricity Council

China Electricity Council

China Electricity Technology

Market Association,

China Smart Energy Industry

Alliance, etc.

RecipientDate

China Resources Power Holdings Co., Ltd.

August 2020

China Resources Power Holdings Co., Ltd.

December 2020

China Resources Power Holdings Co., Ltd.	September 2020
China Resources Power Holdings Co., Ltd.	July 2020
China Resources Power Holdings Co., Ltd.	December 2020
China Resources Power Holdings Co., Ltd.	March 2020
China Resources Power (Xuzhou) Co., Ltd.	August 2020
China Resources Power (Tongshan) Co., Ltd.
China Resources Power (Wenzhou) Co., Ltd.
China Resources Power (Heze) Co., Ltd.	February/September
China Resources Power Yunnan	2020
Honghe Co., Ltd.
Nanjing Chemical Park Thermal Power Co., Ltd.	May 2020
China Resources Power (Xuzhou) Co., Ltd.	June 2020
China Resources Power (Panjin) Co., Ltd.	July 2020
China Resources Smart Energy Co., Ltd.	July 2020

75

Award

Promising Business Award in the 4th Energy Storage Innovation Competition

Top 10 Innovators in Application of Energy Storage Technologies 2020

Top 10 Energy Storage Integrators in China 2020

First Prize of the 4th National Equipment Management and Technology Innovation Achievement Award

#2 unit recognized as AAAAA-Grade Generator in 600 MW- Class Supercritical Heat Supply Liquid-Cooled Generators (2019)

The 18th TnPM International Industrial Alliance Conference 2020

Promotion Award for Standard Equipment Management TnPM Excellent Team Award

1. Rating, National Wind Farm Production and Operation Indicators

Conferred by	Recipient
Energy Storage International	China Resources Smart Energy Co., Ltd.
Conference
China Association of Plant	China Resources Power Tangshan
Engineering	Fengrun Co., Ltd.
China Electricity Council	China Resources Power Henan
Shouyangshan Co., Ltd.
International Maintenance
Association (IMA), Office of	China Resources Power Dengfeng Co., Ltd.
International Programs at China
Association of Plant Engineering
	China Resources New Energy (Huanxian) Wind
	Energy Co., Ltd.
	Donghao Wind Farm, China Resources Power
China Electricity Council	Shengfengling Wind Farm, China Resources Power
	Zijing Wind Farm, China Resources Power
	China Resources New Energy (Fuxin)
	Wind Energy Co., Ltd.

Date

August 2020

August 2020

August 2020

September 2020

September 2020

100 Success Stories for Poverty Eradication through Energy Projects (Hezhou-Guangdong Power Transmission Project)

1. Rating, Enterprise with Good Practice on Standardization

Second Prize in the Presentation Contest of Technology and Innovation Results 2020

Excellent Micro Video Award for Construction Project Archives

EcoChallenger, BOCHK Corporate Environmental Leadership Awards

National Base for Energy Education

Social Responsibility Reports of 100 Excellent Enterprises at the 3rd China International Import Expo

Environmental, Health and Safety Award - Silver

Outstanding Contributor to Energy Conservation and Emission Reduction

Outstanding Award for Energy Conservation and Emission Reduction during the 13th Five-Year Plan

Annual Meeting for China's Energy Industry

Hong Kong Quality Assurance Agency (HKQAA)

China Association for Quality

National Archives Administration of China

Federation of Hong Kong Industries

(FHKI) & Bank of China

(Hong Kong)

China Energy Research Society

Ministry of Industry and

Information Technology

Hong Kong Green Council

Alliance of Thermal Power Industry

of China Energy Conservation

Association

Environmental Protection magazine affiliated to the Ministry of Ecology and Environment, PRC

China Resources Power (Hezhou) Co., Ltd.

China Resources Power (Haifeng) Co., Ltd.

China Resources Power (Xuzhou) Co., Ltd. China Resources Power (Tongshan) Co., Ltd.

China Resources Power (Changshu) Co., Ltd.

China Resources Power (Hezhou) Co., Ltd.

China Resources Power (Hezhou) Co., Ltd.

China Resources Power (Hezhou) Co., Ltd.

China Resources Power (Yichang) Co., Ltd.

China Resources Power

(Tangshan Caofeidian) Co., Ltd.

China Resources Smart Energy

(Neihuang) Co., Ltd.

China Resources Smart Energy Co., Ltd.

China Resources Power (Tangshan

Caofeidian) Co., Ltd.

China Resources Power Dengfeng Co., Ltd.

China Resources Power Henan

Shouyangshan Co., Ltd.

September 2020

October 2020

October 2020

October 2020

October 2020

November 2020 November 2020

December 2020

December 2020

December 2020

76	China Resources Power Holdings Company Limited SUSTAINABLEDEVELOPMENT REPORT 2020

Key Performance Indicators

Energy performance

	Unit	2016	2017	2018	2019	2020
Total assets	HKD bn	200.111	220.972	208.223	215.736	259.632
Net generation volume of	GWh	151,590	159,395	157,019	149,186	154,944
subsidiary power plants
Total heat supply	kTJ	65.19	73.83	92.04	102.48	112.00
Attributable operational	MW	36,184	36,077	37,438	40,392	43,365
generation capacity
Economic performance
	Unit	2016	2017	2018	2019	2020
Turnover	HKD bn	66.21	73.31	76.94	67.76	69.55
Operating profit	HKD bn	16.36	12.48	11.35	12.89	14.09
Net profit2	HKD bn	7.71	4.62	3.95	6.59	7.58
Return on invested capital (ROIC)	%	7.3	5.3	6.0	6.9	6.8
Return on equity (ROE)	%	11.0	7.7	9.5	12.7	12.3
Asset-liability ratio	%	62.7	63.5	62.9	59.8	59.2
Interest-bearing debt ratio	%	55.1	55.7	55.6	52.1	50.5
Value appreciation of state-owned	%	97.3	109.0	103.6	109.1	112.7
assets
Net operating cash flow	HKD bn	22.30	18.56	18.10	20.51	20.70
New patents	Patents	50	51	198	225	132
Environmental performance
	Unit	2016	2017	2018	2019	2020
Proportion of installed renewable	%	13.9	17.1	20.1	23.3	25.9
energy attributable generation
capacity3
Total environmental investment	RMB bn	1.798	1.957	1.518	1.828	1.499
Investment in efficiency and emission	RMB bn	1.776	1.697	1.283	1.511	1.270
upgrade
Energy consumption per RMB10,000	tce	9.25	10.79	11.04	8.90	8.57
industrial added value
Water consumption per RMB10,000	t	79.04	98.83	90.56	67.98	56.88
industrial added value

1. Third party performed an independent limited assurance of figures marked with "*". See pages 4 to 5 for the Assurance Report.
2. Net profit attributable to owners of the Company.
3. Renewable energy sources include wind, solar, and hydro. By the end of 2020, the proportion of installed renewable energy attributable generation capacity was 25.9% and the proportion of attributable operational generation capacity of grid-connected renewable energy was 31.1%.

77

	Unit	2016	2017	2018	2019	2020
Carbon dioxide emissions4	Mt	N.A.	137.29	133.30	134.02	140.71*
Carbon emission intensity in power	g/kWh	N.A.	780	755	728	726*
generation
Carbon emission intensity in thermal	g/kWh	N.A.	844	834	834	834*
power generation3
Comprehensive energy consumption	k tce	29,553.8	30,051.5	29,064.1	27,251.6	27,233.7
Net generation coal consumption	g/kWh	305.0	303.2	299.5	296.6	296.0*
rate (subsidiary coal-fired power
plants)5
Natural gas consumption6	Mm3	193.59	198.21	193.64	259.88	285.72*
Diesel consumption6	kt	15.7	14.9	11.0	11.2	12.9*
Coal consumption6	kt	74,766.5	78,150.3	77,589.1	73,489.0	74,813.7*
Purchased electricity7	MWh	126,339.70	106,343.60	92,117.60	79,682.09	104,513.67*
Oil consumption for power	g/MWh	93.80	86.90	59.10	62.90	69.70
generation
Power consumption rate of power	%	4.95	4.99	4.97	4.93	4.85
plants
Power consumption rate of factories	%	5.75	5.67	5.82	5.88	5.85
Comprehensive water consumption	kt	252,598.8	275,161.6	238,433.9	208,088.7	180,671.2
for power generation
Comprehensive water consumption	t/MWh	1.51	1.60	1.42	1.32	1.12
rate for power generation
Wastewater discharge	kt	N.A.	3,324.0	4,855.9	4,770.6	3,195.0
Wastewater discharge rate	g/kWh	24.79	19.30	28.82	30.06	17.53
Chemical oxygen demand (COD)	t	89.80	153.79	138.03	118.53	55.02
Nitrogen oxide emissions	kt	32.2	28.6	22.6	19.6	19.7*
Nitrogen oxide emission rate8	g/kWh	0.20	0.17	0.13	0.12	0.12*
Sulfur dioxide emissions	kt	21.1	17.2	13.6	11.2	10.6*
Sulfur dioxide emission rate8	g/kWh	0.13	0.10	0.08	0.07	0.07*
Particulate emissions	kt	3.4	2.3	1.8	1.4	1.3*
Particulate emission rate8	g/kWh	0.02	0.01	0.01	0.01	0.01*
Installation rate of desulfurization	%	100	100	100	100	100*
equipment in coal-fired power
plants9
Installation rate of denitrification	%	100	100	100	100	100*
equipment in coal-fired power
plants9
Total amount of hazardous waste	kt	N.A.	4.2	3.1	4.5	4.0
created
Density of hazardous waste created	g/MWh	N.A.	24	18	25	22
Total amount of non-hazardous	kt	N.A.	20,055.3	19,544.7	19,227.6	19,552.5
waste created
Density of non-hazardous waste	t/MWh	N.A.	0.12	0.12	0.12	0.12
created
Comprehensive ash and slag	kt	N.A.	15,653.2	17,589.7	14,802.8	14,201.7
utilization
Comprehensive ash and slag	%	97.39	94.55	95.91	96.46	88.96
utilization rate

78	China Resources Power Holdings Company Limited SUSTAINABLEDEVELOPMENT REPORT 2020

Social performance

	Unit	2016	2017年	2018	2019	2020
Total tax paid	RMB bn	9.309	7.712	7.040	6.334	6.137
Major equipment incident(s)	Incident(s)	0	0	0	0	0
General equipment incident(s)	Incident(s)	0	0	0	0	0
Personal injury and fatality	Incident(s)	2	2	0	2	0
incident(s)
Unplanned outage	Times	20	25	20	19	19
Equivalent availability factor	%	90.54	92.77	91.62	92.28	91.78
Safety management personnel with	Person	1,831	1,866	477	1,441	1,446
certificates
Certified safety engineers	Person	200	209	173	287	366
Total headcounts	Person	33,604	29,827	21,629	21,746	21,611
Female employees	Person	5,673	5,277	4,161	3,987	3,710
Ethnic minority employees	Person	949	934	909	901	959
Social security coverage ratio	%	100	100	100	100	100
Total expenditure for employee	RMB mn	9.82	11.16	12.80	15.25	4.39
training
Training coverage	%	82	100	100	100	100
Physical examination coverage ratio	%	100	100	100	100	100
Paid holidays per person	Days	8	8	8	8	8
New graduates employed	Person	411	297	489	331	319
Newly added employees	Person	2,283	2,252	1,639	855	790
Charitable donations	RMB mn	20.52	4.69	6.07	117.40	175.40
Volunteer activities	Participants	5,328	3,787	6,109	4,315	2,793

1. Carbon dioxide emissions include emissions from burning fossil fuels and using purchased electricity.
   Carbon emission intensity in power generation = carbon emissions in power generation/total power generation.
   Carbon emission intensity in thermal power generation = carbon emissions in thermal power generation/total thermal power generation.
   Figures are based on the Guidelines for Power Generation Enterprises in China on Accounting and Reporting Greenhouse Gas Emissions (2014) issued by the National Development and Reform Commission and the Accounting and Reporting Requirements for Greenhouse Gas Emissions Part
2. 1. Power Generation Enterprises (GB/T 32151.1-2015, effective from June 1, 2016) issued by the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China and Standardization Administration of the People's Republic of China. In particular, the factor for calculating carbon dioxide emissions is from the annual Accounting and Reporting Supplementary Data of Carbon Emissions issued by the Ministry of Ecology and Environment.
3. Standard coal consumption per unit power generation, and calculated based on the Method for Calculating Technical and Economical Indicators of Thermal Power Plant (T904-2015).
4. Total energy consumption of the Company in production or non-production activities, and calculated based on the Method for Calculating Technical and Economical Indicators of Thermal Power Plant (T904-2015).
5. Electricity that a power enterprise purchases from a power grid or other power generation enterprises.
6. Nitrogen oxides emission rate: Nitrogen oxides emission per unit power generation
   Sulfur dioxide emission rate: Sulfur dioxide emission per unit power generation
   Particulate emission rate: Particulates emission per unit power generation Emission rate = total emission/thermal electricity generated
7. Installation rate of desulfurization equipment in coal-fired power plants: The number of coal-fired power plant with desulfurization equipment to the total number of coal-fired power plants
   Installation rate of denitration equipment in coal-fired power plants: The number of coal-fired power plant with denitration equipment to the total number of coal-fired power plants

CR Power always attaches great importance to ESG management. We regard all ESG performance data as the starting point for reviewing and improving management, and continuously improve the scientific and standardization of statistics. We also summarize and promote all the optimized data indicators each year, analyze the causes of all missing data indicators and formulate improvement plans to promote the company's sustainable development.

79

Key Policy List

ESG Indicator	Key Policy
A1 Emissions	Environmental Protection Management Standards
A2 Energy Consumption	Energy Conservation Management Standards
	Energy Conservation Supervision Standards for Thermal Power Plants Units
	Work Guidelines for Power Generation Efficiency Improvement in Wind Power Units
A3 Environment and Natural Resources	Carbon Asset Management Standards
B1 Employment	Management Measures for Employment Contract
	Headquarters Management Measures for Vacation Leaves
	Management Standards for Recruitment
	Management Standards for Organizational Performance
	Management Standards for All Employee Performance at Regional Companies
	Management Measures for Remuneration and Benefit Audits
	Management Measures for Interns at Headquarters
B2 Health and Safety	EHS Accident and Event Management Standards (Tentative)
	Safety Production Educational Training Management Standards
	Occupational Health Management Standards
	EHS Supervision Management Standards
	EHS Post Responsibility System
	Guidelines for Identifying and Managing Safe Production Accident Hazards
	Management Measures for EHS Hazards
	Integrated EHS Emergency Response Plan
	EHS Risk Assessment Criteria for Thermal Power Companies
	EHS Risk Assessment Criteria for Wind Power Companies
	EHS Risk Assessment Criteria for Solar Power Companies
	EHS Risk Assessment Criteria for Hydropower Companies
	Safety Risk Classification and Control Work Guidelines
B3 Development and Training	Management Measures for Talent Coordination and Exchanges
	Management Measures for Mentors of New Recruits
	CR Power Management Measures for Trainings of Dispatched Employees
	Management Measures for Internal Trainers
B4 Labor Principles	Management Measures for Employment Contract
	Management Standards for Recruitment
B5 Supply Chain Management	EHS Management Guidelines for Bidding by Stakeholders
	EHS Stakeholders Management Standards
	Procurement Management Standards
	Procurement Center Management Guidelines
	Management Standards for the Certification of Procurement Personnel
	Management Measures for the Recording, Announcement, and Investigation of Interference in
	Bidding Procedures and Engineering Projects by Managers
	Rules for the Periodic Rotation of Procurement Personnel
	Bidding Supervision and Management Standards
	Guidelines for Submission of Disputes and Handlings of Complaints on Purchase Projects Subject to
	Bidding
	Management Measures for Bid Evaluation Expert database and Bid Evaluation Experts
	Guidelines on the Management of Improper Conduct of Bid Evaluation Experts (Blacklist) (Tentative)

80	China Resources Power Holdings Company Limited SUSTAINABLEDEVELOPMENT REPORT 2020

ESG Indicator	Key Policy
B6 Product Liability	Post-Construction Evaluation Method for the Quality of Thermal Power Projects
	Post-Construction Evaluation Method for the Quality of Wind Power Projects
	Knowledge Management Standards
	Information Security Management Standards
	Information System Security Management Standards
	Legal Dispute Cases Management Standards
	Guidelines on Risk Management in Power Sales
	Management Guidelines on Power Sales
	Management Standards for Maintaining Relationship with Energy Customers
B7 Anti-Corruption	Management Measures for Audits
	Management Measures for the Integrity and Self-Discipline Information of Managers and Key
	Personnel
	Confidentiality Rules for Discipline Inspection and Supervision Programs
	Implementation Measures on Anti-Corruption Talks
	Internal Audit Regulations
	Basic Rules of Internal Control and Risk Management
	Procurement Management Standards
	Code of Integrity
	Sunshine Declaration
	Interim Measures for Regulating Managers and Key Employees in Investing, Running, and
	Establishing Other Businesses
	Accountability Guidelines for Financial Transaction Risks
	Management and Evaluation Method for the Chief Financial Officers of Affiliate Companies
B8 Investment in Communities	Management Standards for Charity Activities
	Social Responsibility Program Management Standards
	Guidelines for Models of Poverty Alleviation through Wind Power Projects

81

Rating Report

Rating Report of Sustainable Development Report of China Resources Power Holdings Co., Ltd. of 2020

Upon the request of China Resources Power Holdings

Materiality ( ★★★★★)

Co., Ltd., the

Chinese

Expert

Committee on

CSR Report

The Report systematically discloses the key industrial issues

Rating invited

experts

to form

a rating team

to

rate the

such as

implementation of

macro

policies,

guarantee of

"Sustainable Development Report of China Resources Power

power

supply,

safe

production, development

of green

Holdings Co., Ltd. of 2020" (hereinafter referred to as "the

power,

environmental impact assessment

of construction

Report").

projects, energy conservation, development of circular

I. Rating Criteria

economy, reduction of "three-waste", and ecological

environmental governance, etc., with detailed and full

"Guidelines on Corporate Social Responsibility Reporting

description and excellent performance in materiality.

for Chinese Enterprises (CASS-CSR 4.0)" of the Chinese

Integrity ( ★★★★★)

Academy of Social Sciences and "China Corporate Social

Responsibility Report Rating Standards (2020) of "Corporate

The main

body

of

the Report

systematically

discloses

Social Responsibility Report

Rating Expert Committee of

93.33% of

the

core

indicators

of

the industry

from the

Chinese Enterprises".

perspectives of "exploit clean energy for low-carbon

II. Rating Process

development",

"be

cautious and

secure

development

cornerstone", "explore to accelerate upgrade and

1. The rating team reviews and confirms the "Process Data

innovation", "gather strength for growth and write a new

chapter

of

glory",

"join hands

to

create

harmony for a

Confirmation

of Corporate

Social Responsibility

Report"

beautiful society",

and "uphold

the

spirit

of responsibility

submitted by

the "Report"

writing group and

relevant

with perseverance",with excellent performance in integrity.

supporting materials;

2. The rating team conducts evaluation on thepreparation

Balance( ★★★★★)

process and the content disclosed by the"Report", and

The Report reveals negative data such as "number of

then drafts the rating report;

large and above environmental pollution incidents", "staff

3. The Vice Chairman of the Rating Expert Committee, the

turnover rate", "numberof major equipment incidents",

"numberof

injuries and

fatalities", and

"number of

leader of the

rating team, and the experts of therating

unplanned

shutdowns",

and

describes

the

handling

team jointly sign the rating report.

and result

of the

"fatal incident involving staff

of China

III. Rating Results	Resources Power's relevant parties" in details, with excellent
performance in balance.

Process ( ★★★★★)

The company office has established a sus tainable development report preparation work team, which is consisted of a "leading team" and a "preparing team". The office director works as the leader of the "preparing team" who overall promotes the preparation of the report. The President works as the leader of the "leading team" who is in charge of the key contents of the reportand responsiblefor the review, and the chairman of the Boardis responsible for the final approval of the report. The report, with definite function value position, is taken as an importanttool for compliant disclosure of information, strengthening of social responsibility management, enhancement of communications among relevant parts, and promotion of brand image. A reporting information base for sustainable development indicators is built based on the identification of substantive issues such as national macroscopic policies, company development planning, internal and external social responsibility standards, industry benchmarking analysis, and investigation of stakeholders, etc., which has promoted the quality of information disclosed by the enterprise, pushed the subsidiaries to release reports, and enhanced the integration of social responsibility longitudinally. The report is planned to be published on the official website of the company, and to be presented in electronic version, printed form, and long chart version, etc. with excellent performance in process.

Comparability ( ★★★★★)

The Report discloses the comparative data of 75 key indicators such as "operating profit", "number of new patents", "total environmental investment", "energy consumption per 10,000 yuan worth of industrial added value", "total tax payment" and "social insurance coverage" for three consecutive years, and makes a horizontal comparison on "no. 109 of the world's top 250 power enterprises" and "no. 1043 of the world's top 2,000 listed companies", with excellent performance in comparability.

Readability ( ★★★★★)

By continuing the theme of "nourishing life with green power", the report systematically presents the company's concepts, behaviors and achievement on duty performance with a clear structure and highlighted key topics. Cover idea and chapter double-spread are incorporated with the company's main businesses and scenarios of duty performance, which not only demonstrate the industrial characteristics, but also increase the recognition level and infectivity of the report. The "chapter introduction" part is set up, and footnotes are given in a number of places to explain the policy of duty performance, which make readers grasp the content quickly, and improve the report's readability. The chapter system is consistent, the design style is refreshing and simplistic, the graph/text ratio is appropriate, all of which improved the report's readability, with excellent performance in readability.

82	China Resources Power Holdings Company Limited SUSTAINABLEDEVELOPMENT REPORT 2020

Innovation ( ★★★★★)

The Report actively responds to hot issues such as 2060 Carbon Neutral, prevention and control of COVID-19, and poverty alleviation, etc., demonstrating the company's responsibility for the implementation of macroscopic policies, and catching up with current events for the report. The report concentrates on the main points by showing the company's duty performance idea and actions, and response to the UN's SDGs in the beginning. Innovative way to publish the report with a number of ways for secondary development such as H5, long chart, and video versions, which strengthened the propagation effects. A special issue on poverty alleviation is prepared and published, which focuses on the practice highlights of the company's duty performance, further strengthening the communications among stakeholders, with excellent performance in innovation.

Overall Rating ( ★★★★★+)

The Sustainable Development Report of China Resources Power has won the five-star rating for six years in a row, and Remarkable Five-Star rating for two years in a row

IV. Improvement Suggestions

Increase the disclosure of the industry's core indicators, and further improve the report's integrity.

According to the rating team's assessment, the "Sustainable Development Report of China Resources PowerHoldings Co., Ltd. of 2020" is of five-star rating regarding its process, materiality, integrity, balance,comparability, readability and innovation, and it is anexcellent corporate social responsibility (CRS) report.

	Vice President of Chinese Expert	Leader of the	Expert of the
Scan QR Code to	Committee on CSR Report Rating	Rating Team	Rating Team
View Enterprise			Date of Issue: 26 April, 2021
Rating Files

83

Report Index

	Guidelines on Corporate
	Social Responsibility
	Reporting for Chinese
	Enterprises - Power
	Production Industry
	(CASS-CSR3.0) Core
Contents	Indicator
About the Report	P1.2/P1.3/P1.4/
P1.5/P4.1/A4
Assurance Report

Guidelines on Corporate Social Responsibility Reporting for Chinese Enterprises (CASS- CSR4.0) - Basic Framework

P1.1/P1.2/P1.3/A6

Sustainability Reporting Guidelines

of the Global Reporting Initiative

(GRI Standards)

102-3/102-45/102-46/102-50/102-51/102-52/102-53/102-54

102-56

Environmental,

Social and

Governance

Reporting Guide of

the Stock Exchange

of Hong Kong

Limited (HK-ESG)

Letter from the Chairman	P3.1/P3.2/P5.1
CR Power in 2020	P3.6/P5.2
About Us	P4.1/P4.2/P4.3
Low-Carbon Development:
Expanding Clean Energy
Investment
Responding to Climate	M2.2/M2.3/E2.1
Change
Improving Environmental	S4.2/E1.1/E1.7/E1.8/
E1.11/E2.6/E3.1/E3.2/
Management
E3.3/E3.5/E3.6/E3.7
Promoting Circular Economy	E2.5/E2.7
Risk and Safety Management:
Solidifying Development
Foundation
Boosting Compliance	M3.3/S1.1/S1.2/S1.3
Preventing Operational Risks
	G4.4/S3.1/S3.2/S3.3/
Enhancing Safe Production	S3.4/S3.7/S3.8/S3.9/
	S3.10/S3.11
Bold Attempts at Innovation:
Accelerating the Transition
toward Innovation-driven
Development

P3.1/P3.2/P5.1

P3.6/P5.2

P4.2/P4.3/P4.4/M1.1/M1.2

E1.8/E1.10

E1.9/E2.3/E2.6/E2.23/E2.24

E1.1/E1.2/E1.3/E1.5/E2.11/

E2.13/E2.15/E2.22/E3.1/E3.2/

E3.3/E3.4

E2.1/E2.8/E2.17

S3.5

G5.1/G5.2/M3.1/

S1.1/S1.2/M1.4

M3.5

S2/S3.1/S3.2/S3.3/

S3.4/S3.6/S3.7

S1.4

102-14

102-1/102-2/102-4/102-5/102-6/102-7/102-8/102-18/102-22/102-24

103-1/103-2/103-3

201-2/302-4

304-2/306-4/307-1

303-1/303-2

102-17/103-1/103-2/103-3/205-2/205-3/103-1/103-2/103-3/419-1

102-30

403-2/403-3

103-1/103-2/103-3

A2 General

Disclosure

A2.3

A1 General

Disclosure/

A1.1/A1.5/A1.6/

A3.1

A2.4

B7 General

Disclosure/

B7.1/B7.2

B6.3

B2.3

M1.4/M1.5/M2.6/M2.7/ M1.6/M1.7/M2.1/M2.4/M2.5/

Improving Competence

S1.5M2.6/M2.7/S1.3

M2.2/M2.8/M2.9/M2.10/

Improving Quality of ServiceM2.11/M2.12/M2.13/M2.14/ M2.15/M2.16/M2.18

201-1

103-1/103-2/103-3/416-1/416-2/417-1/417-2/418-1

B6 General

Disclosure/

B6.2/B6.5

84	China Resources Power Holdings Company Limited SUSTAINABLEDEVELOPMENT REPORT 2020

	Guidelines on Corporate
	Social Responsibility
	Reporting for Chinese
	Enterprises - Power	Guidelines on Corporate Social
	Production Industry	Responsibility Reporting for
	(CASS-CSR3.0) Core	Chinese Enterprises (CASS-
Contents	Indicator	CSR4.0) - Basic Framework
Enhancing Cooperation and	M3.1/M3.2/M3.5/M3.12/	M3.2/M3.3/M3.4/M3.6/M3.7/
M3.8/M3.9/M3.10/M3.11/
Mutual Development	M3.14
M3.12/M3.13/M3.15/E1.6/E2.2
Pursuit of Excellence:
Maintaining Growth through
Cohesion

Sustainability Reporting Guidelines

of the Global Reporting Initiative

(GRI Standards)

103-1/103-2/103-3/308-1/308-2/414-1/414-2

103-1/103-2/103-3

Environmental,

Social and

Governance

Reporting Guide of

the Stock Exchange

of Hong Kong

Limited (HK-ESG)

B5 General

Disclosure/

B5.1/B5.2

B1 General

Building a Fair Work Platform

Achieving Work-Life Balance

A Better Society: Creating Harmony through Joint Efforts

Fighting the COVID-19 Pandemic

Joining Efforts for a Well-off Society

Maintenance of Persistence:

Promoting a Culture of

Responsibility

Deepening Social Responsibility Management

Facilitating Communication of Our Responsibilities

Targeted Responses to Issues

A Glance at the Future

Appendix

Major Social Responsibility Awards Received

Key Performance Indicators

Key Policy List

Rating Report

Report Index

S1.7/S1.8/S2.1/S2.3/S2.9/

S2.13/S2.22/S2.24/S2.25/

S2.26/S4.5

S2.17/S2.18/S2.27

S4.8

G1.1

G2.3/G2.4/G6.4

G5.1/G5.3/G5.4/

G5.5/G5.6

P2.2/G1.3

A1

P5.3

M1.4/M1.5/M1.6/S3.12/

S3.13/E1.2/E1.3/E1.6/

E2.2/E2.3/E2.4/E2.9/

E2.10/E2.11/E2.12/E2.13

A2

S1.5/S1.6/S2.1/S2.2/S2.3/S2.4/

S2.5/S2.6/S2.7/S2.8/S2.9/

S2.10/S2.14/S2.15/S2.16/

S2.19/S2.20/S4.2

S2.11/S2.12/

S2.13/S2.17/S2.18

S4.6/S4.8/S4.10/S4.11/S4.12/

S4.13/S4.14

G1.1/G1.2

G3.1/G3.2/G3.3/G4.1/G4.2/

G4.3

G2.3/G6.1/G6.2/S4.1

G2.1

A1

A3

M1.7/M1.8/S1.6/S2.9/S4.8/

E1.8/E1.10/E2.9/E2.10/E2.12/

E2.14/E2.16/E2.25/A2

A4

A5

102-35/102-36/102-37/201-3/401-1/401-2/404-1/404-2/404-3/405-1/406-1

103-1/103-2/103-3

203-1

102-16

102-20/102-26/102-27/102-28/102-32

102-21/102-33/102-40/102-42/102-43/102-44

102-29/102-31/102-34/102-47/102-49

302-1/302-3/305-1/305-4/305-5/305-7/306-1/306-2

102-55

Disclosure/

B1.1/B2 General

Disclosure/

B3 General

Disclosure/

B4 General

Disclosure/B4.1

B2 General

Disclosure

B8 General

Disclosure/

B8.1/B8.2

A1.2/A1.3/A1.4/

A2.1/A2.2/B2.1

85

Report Preparation Team

Leadership Team

Team Leader:	Tang Yong
Deputy Team Leaders:	Wang Xiao Bin	Xu Hongbo
Team Members:	Wang Bingdong	Liu Wei	Hu Xiaolei	Zuo Xuequn	Li Jun	Han Yi	Liu Shusong
	Liang Jie	Wang Huabing	Liang Hui	Lang Yan	Wei Chuidong	Shan Wenxian	Peng Feng

Writing Team

Team Leader:	Wang Bingdong
Deputy Team Leader:	Gao Fang
Team Members:
Administrative Office	Liang Kun	Wu Yue	Legal Department	Chen Weichao	Yan Siqi
Investor Relations	Karl Ho	Liu Yanhui	Intelligence and Informatization	Hou Yunyu	Gong Shumin
Department	Hu Yingzhi	Long Qing	Management Department
Strategic Investment	Cao Yu	Wang Mingyue	Supervision Department	Li Zhi	Yuan Baohua
Department			Mass Affairs Department	Wang Shiwan	Yang Yang
Construction Management	Dong Peng	Fan Hongbing	South China Region	Liu Jiahao	Xie Chenfei
Department
Operations Management	Xu Zaixing	Xiong Yi	Central China Region	Zhou Lei	Xie Qianqian
Department			East China Region	Wang Leran	Han Su
Marketing Department	Gao Zongshan	Zhang Yunzhuo	Central and Western	Miao Weiping	Wei Yan
Fuel Management	Liu Bo	Wang Leyuan	Region
Department			North China Region	Yan Hongxiao	Wang Yan
Finance and Accounting	Wang Linhu	Tang Yanan	Northern Region	Chen Guangchao	Wang Lei
Department			Northeast Region	Xing Qiang	Song Longhan
Human Resources	Lan Qiquan	Lei Hao	Technical Research Institute	Pan Chenzhong	Zhou Youhui
Department
Environment, Health and	Xu Lei	Yang Shengquan	Rundian Investment	Huang Zhuo	Xie Yu
Company
Safety Department
Procurement Management	Zhu Shouming	Peng Huawu
Department
Audit Department	Zhang Chi	Chen Xiaohua

86	China Resources Power Holdings Company Limited SUSTAINABLEDEVELOPMENT REPORT 2020

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�润电力���限�司

China Resources Power Holdings Company Limited

20/F, China Resources Building, 26 Harbour Road, Wanchai, Hong Kong

Tel.: [phone]	Fax: [phone]
52/F, China Resources Building, 2666 Keyuan South Road, Nanshan District, Shenzhen
Tel.: [phone]	Fax: [phone]

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