Chow Tai Fook Releases FY2026 Sustainability Report: Revenue Reaches HK$94.40 Billion, GHG Emissions Down 22%, Recycled Gold Now 11.5% of Total Feed

Chow Tai Fook Jewellery Group published its eleventh Sustainability Report, detailing environmental, social and governance (ESG) progress for the 12 months ended 31 March 2026.

Financial Snapshot • Revenue rose to HK$94.40 billion. • Operating profit reached HK$18.85 billion. • Earnings per share stood at HK$0.91. • The Group’s retail network totaled 5,460 self-operated and franchised points of sale, supported by more than 24,700 employees in the Chinese mainland, Hong Kong, Macao and other markets.

Key Environmental Performance • Group greenhouse-gas emissions (Scopes 1-3) fell 22.4 % year on year and 44.4 % versus FY2024. • Scope 1 and 2 emissions intensity dropped 56.5 % from the FY2019 baseline; water-use intensity declined 39.6 %. • Recycled gold accounted for 11.5 % of total gold feed; the ING “JIAN” and MONOLOGUE lines now use 100 % recycled gold. • All newly sourced T•MARK diamonds, gemstones, pearls and Fei Cui are traceable to country of origin. • The Group has raised its 2029 targets—halving Scope 1+2 emissions, water use intensity and production-related waste intensity versus 2019—and confirmed a science-based pathway to net-zero by 2049.

Social Highlights • Over 20,000 volunteer hours were delivered, benefiting more than 25,000 people. • Family-oriented programmes reached 850 households, while cultural education initiatives attracted 54,000+ participants. • Zero work-related fatalities were recorded; the lost-time injury rate stood at 6.80 per 1,000 employees.

Governance and Ratings • MSCI ESG rating upgraded to AA. • CDP climate score advanced to A-; water score improved to B. • Included in the 2025 Dow Jones Best-in-Class World and Asia Pacific indices and maintained listings on the FTSE4Good and Hang Seng corporate sustainability indices.

Strategic Priorities Under its “CTF Jewellery Sustainability 2049” roadmap, Chow Tai Fook continues to focus on circularity, traceability and low-impact operations. Near-term goals include lifting recycled gold to 27 % of total gold inputs by FY2029, cutting packaging impact by 50 % by 2030 and reducing the intensity of carcinogenic substances in production by 20 % versus 2024.

The Board has approved submission of the Group’s science-based decarbonisation targets to the Science Based Targets initiative in FY2027, reinforcing its commitment to align with global climate benchmarks.