Tsingtao Brewery releases 2025 ESG report: 32.47 billion yuan revenue, 13.8% cut in Scope 1+2 emission intensity and 91% renewable power share

Bulletin Express04-27

Tsingtao Brewery’s 2025 Environmental, Social and Corporate Governance Report discloses that revenue reached 32.47 billion yuan, while net profit attributable to shareholders came in at 4.59 billion yuan. Earnings per share stood at 3.36 yuan and cash dividends have now been paid for 29 consecutive years.

Environmental performance • Total Scope 1+2 greenhouse-gas emissions fell to 336,641 tCO₂e, with emission intensity down 13.8% year-on-year to 46.7 kg/kL. • Scope 1+2+3 emissions declined 5.3% to 4.77 million tCO₂e; intensity dropped 5.1% to 661.1 kg/kL. • Renewable electricity accounted for 91% of total power consumption, and 57 plants used green power; 36 of these were 100% renewable. • Comprehensive energy use per kilolitre of beer fell 3.1%; water intensity improved 1.5% to 2.88 m³/kL. • Seven additional sites were certified as National Green Factories, taking the total to 30, and four breweries now hold carbon-neutral certification.

Operational highlights • Sales volume reached 7.65 million kL; over 20 new products launched, including low-calorie light dry beers and flavoured white beers. • R&D spending totalled 120.00 million yuan; valid patents rose to 639, with 18 new invention patents granted. • A biotechnology subsidiary was formed to commercialise by-product valorisation; two process innovations were assessed as “internationally leading.”

Social indicators • Zero fatal workplace accidents; 100% coverage for safety training and occupational health checks. • Employee training averaged 61 hours per person, supported by 28.88 million yuan in training expenditure. • The employee Care Fund disbursed 0.67 million yuan to 19 staff facing critical illness; total charitable donations reached 0.62 million yuan. • Assistance to rural revitalisation projects amounted to 0.20 million yuan, and cumulative donations to a corporate scholarship programme rose to 6.50 million yuan, benefiting 2,128 students.

Governance and compliance • An 11-member board with a one-third female representation is in place; the board abolished the supervisory committee, transferring its duties to the Audit and Internal Controls Committee. • 215 announcements were released on the Shanghai and Hong Kong exchanges, earning an ‘A’ disclosure rating from the Shanghai Stock Exchange. • No penalties were recorded for monopolistic practices, environmental breaches, data-privacy incidents or safety violations during the year.

Supply-chain engagement • Active suppliers numbered 2,143; 134 suppliers underwent on-site audits focused on quality, safety and ESG criteria. • Three malt suppliers achieved third-party carbon-neutral certification, and 25 key suppliers hold National Green Factory status.

The 2025 report underscores Tsingtao Brewery’s progress toward its 2030 goal of a 65% reduction in Scope 1+2 emission intensity from the 2019 baseline, while maintaining solid financial growth and an expanding product portfolio.

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