Nongfu Spring Publishes 2025 Sustainability Report: Revenue Hits RMB 52.55 Billion, GHG Intensity Down 15% vs 2019

Bulletin Express04-17

Nongfu Spring released its 2025 Sustainability Report covering the period 1 January – 31 December 2025. Key takeaways are as follows:

Revenue and Taxation • 2025 revenue reached RMB 52.55 billion, while taxes and dues totalled RMB 9.14 billion, including RMB 5.05 billion of income tax.

Climate and Energy • Company-wide greenhouse-gas emission intensity dropped to 0.0414 tCO₂e per tonne of qualified product, 3 % lower than 2024 and 15 % below the 2019 baseline; progress toward the 2030 target of –20 % now stands at 77 %. • Six factories run on self-generated solar power with installed capacity above 50 MW, producing almost 40,000 MWh of electricity. • Green power procurement (electricity and certificates) totalled about 231 GWh.

Water & Waste Management • Water-use intensity fell 0.5 % year-on-year; 3.88 million t of water were recycled. • All legacy plants (excluding new facilities) hold ISO 14001 and ISO 45001 certification; the Xin’an River plant obtained zero-waste-to-landfill certification. • Processing by-product recycling avoided 80,881 t of food waste; a new Jiangxi facility will convert up to 200,000 t of orange peel annually into value-added products.

Packaging and Circularity • 100 % of plastic packaging for water and beverages is now recyclable; the company targets 100 % recyclable/ reusable/compostable plastic packaging to be maintained through 2025 and beyond. • Over 2.5 million 19-litre returnable bottles were recovered, and 70 % of paper packaging already contains recycled fibre.

Product Portfolio & R&D • More than 85 % of sales by weight come from sugar-free/low-sugar, sodium-free/low-sodium or fat-free/low-fat items. • R&D spending totalled RMB 311 million; 446 valid domestic patents were held at year-end. • New products included East Leaf Chenpi White Tea, Iced Tea, TANBING Classic Coffee and a soda water line.

Supply Chain & Governance • Supplier base expanded 55 % year-on-year to 2,550, all covered by business-conduct clauses; 101 anti-fraud and management audits were completed. • 37 strategic suppliers with potential ESG risks were identified and placed under targeted remediation. • All directors and staff (over 28,000 employees) completed anti-corruption training, totalling 148,024 hours.

Social Impact • Rural revitalisation purchases exceeded 100,000 t of tea and flowers; five new primary tea-processing plants in Yunnan benefit nearly 10,000 farming households. • Charitable donations amounted to RMB 89.40 million; employees contributed 88,087 volunteer hours.

Certification & Ratings • Eight subsidiaries hold FSSC 22000 certification, five carry US FSVP approval; zero product recalls occurred in 2025. • S&P Global ESG score came in at 69; Hangzhou-listed brands Nongfu Spring, East Leaf, Tea π and 17.5° entered Zhejiang’s key trademark protection catalogue.

The Board approved the report on 24 March 2026 and reaffirmed the 2030 targets of –20 % GHG intensity and –20 % water-use intensity versus respective baselines.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment