ESG Policy

1. Our Purpose

2. Our Commitment

3. Environmental
Responsibility

Corinex will:

• Prioritize low-carbon and energy-efficient technologies across product lifecycles.
• Reduce the environmental impact of our operations, including minimizing waste, emissions, and resource consumption.
• Measure and report the impact of our technologies on grid efficiency, renewable energy integration, and emissions reduction.
• Complete our first full Scope 1, 2, and 3 Greenhouse Gas (GHG) emissions inventory in 2025 using Dcycle as our main reporting platform, with a commitment to reduce and offset emissions in the years that follow.
• Comply with all applicable environmental regulations and aim to exceed minimum standards.

4. Social Responsibility

Corinex recognizes the importance of just and inclusive energy transitions.

Corinex will: ‍

• Ensure fair labor practices, diversity, equity, and inclusion across all business units and partnerships. Complying with ISO standards as well as local best practices.
• Promote digital access and energy empowerment for underserved communities via our solutions.
• Engage stakeholders — including utilities, regulators, consumers, and communities — to co-develop scalable, equitable smart grid systems.
• Contribute to workforce development through STEM education initiatives, co-op education programs, upskilling, and training programs.

5. Sustainable Innovation
and Governance

Corinex embeds sustainability into the innovation process and governance by:

• Designing modular, scalable, and future-proof systems that reduce infrastructure strain
• Collaborating with governments, utilities, and standard bodies to drive policy change and smart energy regulation.
• Routinely assessing environmental, social, and economic impacts as part of R&D and strategic planning.

6. Alignment with
Global Goals

Corinex aligns its work with the United Nations Sustainable Development Goals (SDGs), particularly:

• ‍SDG 7 – Affordable and Clean Energy
• ‍SDG 9 – Industry, Innovation, and Infrastructure
• ‍SDG 11 – Sustainable Cities and Communities
• ‍SDG 12 – Responsible Consumption and Production
• ‍SDG 13 – Climate Action
• ‍SDG 17 – Partnerships for the Goals

7. Key Performance
Indicators (KPIs)

Corinex tracks and evaluate sustainability performance through the following indicators:

• Number of substation products installed
• Number of residential end-point installations
• Demonstrated 35% improvement in grid constraint capacity, enabling deployment of additional low-carbon technologies (as validated by E.ON Group Innovations)

These metrics guide our internal improvements, external reporting, and strategic decision-making.

8. Continuous Improvement and Reporting

Corinex is committed to: ‍

• Publishing periodic sustainability updates to share progress, challenges, and learnings.
• Conducting ongoing impact analysis and integrating results into product and operational development.
• Reviewing this policy annually and updating it to reflect advancements in sustainability, technology, and global standards.