COFCO Joycome Releases 2025 ESG Report: Revenue Hits RMB20 Billion, Emissions Kept Below Growth Rate

Bulletin Express04-29 21:44

COFCO Joycome published its 2025 Environmental, Social and Governance Report, detailing performance across governance, environmental impact and social responsibility.

Governance & Strategy • Revenue reached RMB20.00 billion with total assets at RMB21.70 billion. • The Board and an ESG Working Group oversee sustainability strategy; four specialised Board committees supervise audit, nomination, remuneration and food safety. • R&D spending climbed 45.37 % year-on-year to RMB76.08 million, supporting eight valid patents and five new software copyrights. • Lean-management programmes generated RMB65.21 million in economic benefits from 50,991 staff proposals.

Environmental Performance • Total greenhouse-gas emissions were 394,900 tonnes (Scope 1: 144,200 tonnes; Scope 2: 250,700 tonnes), with the emissions growth rate below the pace of operational expansion. • Comprehensive energy use stood at 135,300 tonnes of standard coal; photovoltaic power output rose 52 % and biogas utilisation climbed 12.40 %. • No government environmental penalties or media-reported incidents for the fourth consecutive year. • The group targets carbon-emissions peak of 600,000 tonnes by 2030 and a 10 % rise in clean-energy share during the 15th Five-Year Plan.

Resource Circularity • Expanded crop-livestock integrated model: over 250,000 mu fertilised with biogas slurry, 340 km of pipelines laid and RMB25.00 million in farmer income benefits delivered. • Manure-to-resource utilisation rate maintained at 100 %.

Social Responsibility • Total workforce: 14,706 employees; labour-contract and social-insurance coverage at 100 %. • Training reached 328,500 attendances across 10,700 sessions; average 18.7 training hours per employee. • Workplace safety recorded zero fatalities; RMB49.17 million invested in safety initiatives. • Charitable donations grew 26.50 % to RMB21.87 million, while procurement from supported rural areas totalled RMB840 million.

Supply Chain & Product Quality • Industry-chain quality-safety system spans feed, breeding, slaughter and processing; 112 quality certifications held, including ISO 9000 and FSSC 22000. • Imported meat inspection pass rate maintained at 100 %; no product recalls in 2025.

Awards & Recognition • Named “China ESG Excellence Case” by China Enterprise Reform and Development Society. • Dongtai factory recognised as “Yancheng City Five-Star Enterprise”; flaxseed pork range won eight Superior Taste Awards.

COFCO Joycome plans to issue its next ESG report in 2027, continuing disclosure on progress toward its carbon-peaking roadmap and sustainability objectives.

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