Ming Fai International Holdings Limited released its 2025 Environmental, Social and Governance Report, detailing a strengthened governance framework, expanded data coverage and new climate commitments.
The board-led ESG structure now incorporates a dedicated Executive Committee for climate oversight, while the Audit Committee monitors risk management and internal controls. Scenario analysis covering six operating sites—Shenzhen, Luoding, Hong Kong, Cambodia, Singapore and Malaysia—classifies overall physical and transition risks as “Low-to-Moderate”, with no assets deemed highly vulnerable.
Key environmental metrics show 2025 Scope 1 emissions of 1,759.25 tCO2e and Scope 2 (location-based) emissions of 17,219.22 tCO2e, bringing total emissions to 18,978.47 tCO2e, or 0.024 kg CO2e per production unit. The group pledges to reduce absolute Scope 1 and 2 emissions by 63 % from a 2024 baseline by 2035 and to reach net-zero across global operations by 2050.
Resource efficiency improved modestly: electricity consumption fell to 31.37 million kWh (0.040 kWh per unit), natural-gas use declined to 240,002 m³, water use dropped to 299,366.90 m³, and non-hazardous waste generation slipped to 2,263.45 t. Hazardous waste totalled 17.99 t.
Supply-chain governance covers 164 major suppliers, all of whom underwent environmental and social assessments. Product quality controls remain certified to ISO 9001, ISO 13485 and ISO 22716 standards, with zero product recalls or corruption cases recorded during the year.
The workforce stood at 8,043 employees, with a turnover rate of 58.03 %. All staff and directors completed anti-corruption training; whistle-blowing mechanisms and supplier integrity pledges remain in force.
Community investments focused on education, healthcare, charity golf events and soap-recycling programmes across Hong Kong, Shenzhen and Cambodia, combining cash and in-kind donations with volunteer engagement.
Management will continue to refine data quality, extend renewable-energy deployment—such as planned solar expansion in Cambodia—and integrate climate metrics into future operational and capital-allocation decisions to meet the newly announced decarbonisation pathway.
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