China Conch Venture Holdings (Conch Venture, 00586) released its 10th Environmental, Social & Governance (ESG) report covering the period 1 January-31 December 2025.
Financial & Governance Highlights • Operating revenue reached RMB 6.55 billion. • MSCI ESG rating advanced to AAA in March 2026, while S&P CSA and other indices also recorded improvements. • Board-level Strategy, Sustainability & Risk Management Committee oversees ESG; executive remuneration is now linked to key ESG indicators. • Anti-corruption framework covers 100 % of employees; no corruption or compliance cases were reported during the year.
Environmental Performance • Waste-to-energy operations disposed of 16.47 million tonnes of domestic waste across 88 active projects; two new plants in Yunnan (Yuanyang) and Hubei (Jingshan) achieved grid connection. • Total power generation from waste exceeded 6.40 billion kWh, equivalent to 2.15 million tonnes of coal saved and 6.63 million tonnes of CO₂-eq avoided. • External steam sales reached 0.70 million tonnes; a three-year plan (2026-2028) targets 3 million tonnes annually. • Group energy consumption was 0.16 million tonnes of standard coal equivalent; Scope 1 and Scope 2 emissions totalled 182,392 tCO₂-eq and 108,591 tCO₂-eq respectively. • 9.92 million tonnes of water were recycled; 4.66 million tonnes of slag sold for reuse. • ISO 14001 certified subsidiaries increased to 13; 12 subsidiaries hold ISO 45001 certificates.
New Energy & Circular Economy • Lithium iron phosphate cathode project shifted from OEM to proprietary sales, reaching 84 % capacity utilisation and cutting unit power consumption by 12 %. • Construction of a 50,000-tpa anode material facility progressed on schedule. • Nationwide lithium battery recycling network expanded, adding a new project in Li County, Hunan. • Copper-aluminium re-processing line upgrades pushed recycled metal purity above 90 %.
Workforce & Safety • Total headcount: 6,827 (82 % male; 18 % female); localisation ratio 89 %. • Employee training coverage and code-of-conduct coverage both at 100 %. • Lost-time injury frequency: 1.5 per 1,000 employees; zero work-related fatalities for the year. • Group awarded Grade A for labour-security compliance.
Community & Social Contribution • 1,127 site visits hosted; 88 environmental facilities opened to the public. • Donations and rural revitalisation support delivered through multiple subsidiaries; total community investment undisclosed.
Outlook Conch Venture will continue to prioritise green and low-carbon transformation, with plans to raise domestic waste treatment capacity to 25.0 million tpa and external steam sales to 3.00 million tonnes annually by 2028, while sustaining R&D investment in new-energy materials and recycling initiatives.
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