Shanghai Industrial Holdings Limited (SIHL) published its Environmental, Social and Governance Report for the year ended 31 December 2025, detailing governance upgrades, environmental progress and expanded community investment.
Governance and Climate Oversight • The Board leads ESG strategy and has mandated an ESG Steering Committee to integrate climate objectives into decision-making. • A group-wide climate scenario analysis, based on IPCC RCP 2.6 and 8.5 pathways, was completed to test resilience through 2050. • Scope 3 accounting began in 2024 and now covers fuel- and energy-related activities, business travel and employee commuting.
Environmental Performance • Total Scope 1 & 2 greenhouse-gas emissions fell 4.47 % to 946,734.55 tCO₂e; Scope 1 dropped 15.37 %, reflecting lower direct fuel use, while Scope 2 rose 2.59 % due to higher purchased electricity. • Air pollutants declined: NOₓ by 1.25 % to 388.89 t, SOₓ by 3.06 % to 27.62 t and particulates by 10.64 % to 1.04 t. • Energy consumption decreased 30.12 % to 1.38 billion kWh, led by a sharp reduction in natural-gas usage following efficiency upgrades. • Water withdrawal increased 4.63 % to 502.14 million m³, driven by capacity expansion in water-related operations. • Hazardous waste generation fell 5.86 % to 26,829.07 t; non-hazardous waste rose 9.63 % to 2.39 million t in line with higher treatment volumes.
Low-Carbon Initiatives • Water-related subsidiaries commissioned the Baoshan waste-to-energy center (800 million kWh annual green power) and the 25,000 m³-per-day Xicen Water Purification Plant. • Printing units replaced timber with bamboo and sugarcane pulp, eliminating 6,000 t of plastic annually and cutting 3,400 t CO₂e over two years. • Divisional carbon-reduction targets include: Dongguan –15 % CO₂ in five years; Sichuan –30 % versus 2020; Jiangsu –42 % Scope 1&2 by 2030.
Social Metrics • Headcount stood at 19,562 (58.4 % male, 41.6 % female). • No work-related fatalities for the third consecutive year; paid injury leave totalled 2,824 days. • Average training hours: management 30.61, non-management 29.42; female employees received 33.19 hours versus 26.87 hours for male staff.
Supply Chain and Ethics • SIHL engaged 9,551 suppliers (over 98 % in Mainland China and Hong Kong). Comprehensive tender rules integrate environmental and social criteria. • A whistle-blowing policy and anti-bribery training underpin zero-tolerance for corruption; no material cases were reported in 2025.
Community Investment • Charitable contributions reached HK$76.07 million, supporting rural revitalisation in Yunnan’s Midu County, education funds and healthcare outreach. Employees delivered 3,205 volunteer hours.
Outlook SIHL will expand Scope 3 coverage, pursue green-energy retrofits and embed climate metrics into performance management to align with China’s 2030 carbon-peaking and 2060 carbon-neutrality goals.
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