CONCH CEMENT Releases 2025 ESG Report: Emissions Down, Green Capex Up

Bulletin Express03-24 21:44

CONCH CEMENT published its 2025 Environmental, Social and Governance Report, detailing progress on carbon reduction, energy efficiency and stakeholder engagement.

Financial & Operational Snapshot • Revenue reached RMB 825.32 billion; net profit attributable to shareholders totalled RMB 81.13 billion. • Total assets rose to RMB 2.56 trillion, while the asset-liability ratio stood at 20.42%. • Group headcount closed the year at 48,286.

Environmental Metrics and Targets • Scope I+II emissions fell to 178.89 million tCO₂e; clinker process intensity declined 1.0% YoY to 0.8033 tCO₂e/t. • Energy consumption per tonne of clinker fell 3.5% YoY to 96.38 kg standard coal. • Alternative fuels covered 26.5% of coal usage, against a 2030 target of 15%. • Hazardous and general solid-waste compliant treatment and recycling both held at 100%.

Low-Carbon Investment • Energy-saving and carbon-reduction spending totalled RMB 2.84 billion; environmental-technology upgrades reached RMB 628 million. • Installed wind, solar and storage capacity rose to 1,377 MW; self-generated renewable power delivered 480 million kWh.

Governance & Ratings • An enhanced three-tier ESG governance structure was formalised; ESG KPIs are now embedded in senior-management remuneration. • MSCI ESG rating was lifted to “BBB”; the S&P CSA score advanced nine points.

Social Indicators • TRIR stood at 0.55 incidents per million work-hours for employees and 0.06 for contractors; no major safety events were recorded. • 100% of workers received performance reviews and occupational-health checks. • Conch invested RMB 8.55 million in community projects, including rural-revitalisation infrastructure and emergency disaster relief.

2026–2030 Road Map • By 2028, 80% of clinker lines will complete ultra-low-emission retrofits. • The Group targets a 2030 clinker CO₂ intensity of ≤0.76 t/t and energy-efficiency level-1 coverage above 90%. • Green-capex focus areas include biomass substitution, CCUS pilots and smart-factory roll-outs.

CONCH CEMENT states that it will keep integrating digitalisation, green energy and international expansion to support long-term high-quality growth.

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