Kingboard Holdings released its 2025 ESG Report covering 1 January-31 December 2025. The report expands coverage to 49 manufacturing plants (＋2 versus 2024) and, for the first time, 33 real-estate and hotel projects.
Key environmental data • Scope 1 & 2 greenhouse-gas emissions: 3.72 million t (＋2.0 % YoY); intensity 110.40 t per employee. • Scope 3 emissions disclosed for the first time: 2.54 million t, with purchased goods and services accounting for 95 %. • Total power consumption: 4,942.90 GWh; water use: 307.64 million m³. • Hazardous waste: 105,836 t (＋8.84 % YoY); non-hazardous waste: 33,274 t (＋24.84 % YoY).
Low-carbon transition and clean technology • Invested about HK$1.00 billion in distributed photovoltaic projects, generating 240 million kWh annually and cutting 140,000 t of CO₂. • Added HK$300 million to waste-heat recovery and energy-saving retrofits, saving 74,000 t of CO₂ and lowering fuel use by 33,000 t of standard coal in 2025. • Hebei Kingboard’s coal-flue-gas carbon-capture project now captures 64,000 t of CO₂ per year, converting it into feedstock for 560,000 t of low-carbon acetic acid.
Governance and risk management • Board-level oversight of climate strategy; ISO 14001 and ISO 45001 systems implemented at major sites. • Formal supplier code signed by 10,988 suppliers, with conflict-mineral declaration and annual ESG self-assessment.
Social performance • Workforce: 33,692 (men 21,452; women 12,240); aggregate turnover 32 % (down 2 ppt YoY). • Training: 38,015 employees (100 % coverage), averaging 1.17 hours each. • Zero regulatory penalties related to environment, labour or product safety. • Community investment: HK$29.15 million in donations, focused on rural revitalisation in mainland China and livelihood programmes in Hong Kong.
Outlook Kingboard plans further photovoltaic roll-outs (RMB27.14 million earmarked for 2026) and the gradual extension of ISO 50001 energy-management certification across all plants as part of its long-term decarbonisation roadmap.
Comments