FIBOCOM Sets 20% Emissions-Cut Target by 2028, Reports 32.19% Energy Reduction and Expands R&D to 7.28% of Revenue in 2025 ESG Disclosure

Bulletin Express04-23

FIBOCOM released its 2025 Environmental, Social and Governance Report, detailing mid-term climate targets, operational performance and supply-chain governance following its dual listing on the Shenzhen ChiNext and Hong Kong Main Board.

Key environmental metrics • Total greenhouse-gas emissions reached 124,068.15 tCO₂e, comprising 51.53 tCO₂e (Scope 1), 983.59 tCO₂e (Scope 2, location-based) and 123,003.03 tCO₂e (Scope 3). • Comprehensive energy consumption fell 32.19% year-on-year to 256.61 tce, driven by office energy-saving initiatives. • The company targets a 20% absolute GHG reduction from the 2024 baseline by 2028 and a 20% cut in electricity intensity per unit revenue within the same period. • Water use totalled 2,537 m³, all sourced from municipal supply, with a 20% intensity reduction goal set for 2028. • No environmental incidents, penalties or wastewater non-compliance were recorded.

Social indicators • Headcount stood at 1,863, with R&D staff accounting for 63.50%. • R&D expenditure reached RMB 508.85 million, equivalent to 7.28% of annual revenue; 253 patent applications were filed and 78 patents granted. • Employee training covered 91.5% of staff through 645 sessions; zero work-related fatalities and zero occupational diseases were reported. • RMB 3.33 million was dedicated to social-contribution projects, including long-term educational support in Guangxi.

Supply-chain and product responsibility • 100% of core suppliers underwent environmental and social performance assessments; localisation of suppliers at the parent company reached 83%, representing roughly 50% of procurement value. • Incoming-material conformity was 99.82%; market repair rate remained at 174 ppm; no major product-quality incidents or recalls occurred. • Conflict-minerals due-diligence procedures align with Responsible Minerals Initiative standards.

Governance and compliance • The board comprises seven directors, three of whom are independent and two women (29% female representation). • Zero cases of bribery, corruption or anti-trust violations were identified; 47 managers and 457 employees completed integrity training. • The Shenzhen Stock Exchange rated FIBOCOM “A” for information disclosure for the eighth consecutive year, while investor queries (192) received 100% on-platform responses.

Forward milestones To achieve the 2028 climate objective, FIBOCOM plans further low-power module development, wider renewable-energy sourcing and continued supplier carbon-management requirements, with annual progress to be disclosed in subsequent ESG reports.

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