ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2022

Year: 2022
Published: 2023-04-26
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2021 2022 Report Pages
NOx emissions in exhaust gas tons 151.53 114.28 86
SO2 emissions in exhaust gas tons 68.69 46.26 86
Soot emissions in exhaust gas tons 0.21 0.02 86

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 Report Pages
Carbon emission intensity per kilogram FPCM Kg CO2e/kg FPCM 0.91 0.9 69
Emissions of greenhouse gas (scope I) tCO2e 1116991.7 1654588.91 69
Emissions of greenhouse gas (scope II) tCO2e 208676.32 410249.01 69
Emissions of greenhouse gas per million revenue tCO2e/million 201.24 167.94 69
Number of cows in labelled low carbon emission intensity farms cows 10000 62
Total emissions of greenhouse gas tCO2e 1325688.02 2064837.92 69
Unit carbon emissions (base year) Kg CO2e / Kg FRCM 0.91 63

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 Report Pages
Antibiotic use rate (percentage of animals treated with antibiotics) % 5 118
Production of major hazardous waste tons 136.1 267.24 86
Production of major hazardous waste per million revenue kg/million 20.66 21.74 86

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 Report Pages
Amount of non-hazardous waste generated tons 954.9 462.15 86
Non-hazardous waste generated per million revenue kg/million 140 37.59 86
Sewage discharge tons 1375000 493480 86

Description of emissions target(s) set and steps taken to achieve them.

Indicator Unit 2025 2030 2035 Report Pages
Hazardous waste emission reduction target (total amount of waste generated by quality control and testing of raw materials and raw milk) % -10 -25 80
Unit carbon emissions (target for 2025) Kg CO2e / Kg FRCM 0.85 63
Unit carbon emissions (target for 2030) Kg CO2e / Kg FRCM 0.77 63
Unit carbon emissions (target for 2035) Kg CO2e / Kg FRCM 0.73 63
Unit carbon emissions reduction (2025 vs 2021) 7% 63
Unit carbon emissions reduction (2030 vs 2021) 15% 63
Unit carbon emissions reduction (2035 vs 2021) 20% 63

Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.

Indicator Unit 2021 2022 Report Pages
Harmless disposal of cows died due to diseases heads 11591 14396 86

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 Report Pages
Biogas consumption ten thousand cubic meters 12867.13 12035.26 96
Diesel ten thousand liters 613.78 1089.14 96
Diesel consumption increased 97
Fuel coal tons 1500 141 96
Fuel coal consumption at Tongliao Farm and Fuminfeng Farm reduced 97
Gasoline liters 170100 14574.9 96
Gasoline consumption decreased 97
Natural gas ten thousand cubic meters 40.88 68.08 96
Natural gas consumption increased 97
Number of embryo-transfer bulls obtained bulls 20 110
Number of embryo-transfer cattle obtained cattle 368 110
Number of embryo-transfer cows obtained cows 348 110
Number of embryos transferred embryos 1663 110
Total amount of outsourced electricity ten thousand kWh 30491.84 40313.47 96
Total energy consumption tons of standard coal 138900 159645.2 96
Total energy consumption per million revenue tons of standard coal/million 21.08 12.98 96

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 Report Pages
Reduction in water consumption per cow compared with 2021 % -27 94
Sewage recycle tons 1375000 493480 86
Targeted reduction in water consumption per cow compared with 2021 % -25 94
Total water consumption ten thousand tons 977.43 increased 96, 97
Water consumption per million revenue ten thousand tons/million 0.15 0.13 96

Description of energy use efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2025 Report Pages
Lighting electricity savings after renovation completion by 2025 % 50 67
Lighting of Modern Dairy farms renovated and scheduled for completion by 2025 % 87 67

Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2022 Report Pages
Irrigation water saving rate for forage planting compared with other farmland in the same area % 13 95
Planned irrigation water saving rate for forage planting compared with other farmland in the same area % 10 95

Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.

Indicator Unit 2022 Report Pages
Foot-and-mouth disease vaccination coverage in dairy cows % 100 118
Forage grass area planted around three farms in Anhui mu 150000 193
Number of dairy cows imported by Modern Dairy cows 5775 47
Number of dairy cows in three farms in Anhui cows 70000 193
Number of legal entities (large-scale farms) with ISO 14001 environmental management system certification legal entities (31 large-scale farms) 26 78
Percentage of imported dairy cows from areas without deforestation % 100 47
Total number of cows in evaluated Modern Dairy farms cows 99567 129

Description of the significant climate-related issues which have impacted, and those which may impact, the issuer, and the actions taken to manage them.

Indicator Unit 2022 Report Pages
CDP climate questionnaire rating B- 12

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Indicator Unit 2022 Report Pages
Daily output of fresh milk in three farms in Anhui tons 1300 193
Increase in number of professionals (tasters) times 3 131
Number of employees by age group: 30 years old and below Person 1651 155
Number of employees by age group: 31–40 years old Person 2804 155
Number of employees by age group: 41–50 years old Person 2714 155
Number of employees by age group: 51 years old and above Person 1286 155
Number of employees by employment type: Administrative positions Person 864 155
Number of employees by employment type: Management positions Person 704 155
Number of employees by employment type: Other positions Person 542 155
Number of employees by employment type: Production positions Person 4071 155
Number of employees by employment type: Professional and technical positions Person 2274 155
Number of employees by gender: Female Person 2763 155
Number of employees by gender: Male Person 5692 155
Number of employees in Anhui Person 1508 156
Number of employees in Beijing Person 58 156
Number of employees in Hainan Person 15 156
Number of employees in Hebei Person 2605 156
Number of employees in Heilongjiang Person 626 156
Number of employees in Henan Person 12 156
Number of employees in Hong Kong Person 3 157
Number of employees in Hubei Person 4 156
Number of employees in Inner Mongolia Person 1500 156
Number of employees in Jiangsu Person 205 156
Number of employees in Liaoning Person 15 156
Number of employees in Ningxia Person 217 156
Number of employees in Shaanxi Person 392 157
Number of employees in Shandong Person 798 156
Number of employees in Shanxi Person 184 157
Number of employees in Sichuan Person 193 157
Number of employees in Tibet Person 5 157
Number of employees in Xinjiang Person 36 157
Number of employees in Yunnan Person 79 157
Percentage of employees by age group: 30 years old and below % 19.53 155
Percentage of employees by age group: 31–40 years old % 33.16 155
Percentage of employees by age group: 41–50 years old % 32.1 155
Percentage of employees by age group: 51 years old and above % 15.21 155
Percentage of employees by employment type: Administrative positions % 10.22 155
Percentage of employees by employment type: Management positions % 8.33 155
Percentage of employees by employment type: Other positions % 6.41 155
Percentage of employees by employment type: Production positions % 48.15 155
Percentage of employees by employment type: Professional and technical positions % 26.9 155
Percentage of employees by gender: Female % 32.68 155
Percentage of employees by gender: Male % 67.32 155
Percentage of employees in Anhui % 17.84 156
Percentage of employees in Beijing % 0.69 156
Percentage of employees in Hainan % 0.18 156
Percentage of employees in Hebei % 30.81 156
Percentage of employees in Heilongjiang % 7.4 156
Percentage of employees in Henan % 0.14 156
Percentage of employees in Hong Kong % 0.04 157
Percentage of employees in Hubei % 0.05 156
Percentage of employees in Inner Mongolia % 17.74 156
Percentage of employees in Jiangsu % 2.42 156
Percentage of employees in Liaoning % 0.18 156
Percentage of employees in Ningxia % 2.57 156
Percentage of employees in Shaanxi % 4.64 157
Percentage of employees in Shandong % 9.44 156
Percentage of employees in Shanxi % 2.18 157
Percentage of employees in Sichuan % 2.28 157
Percentage of employees in Tibet % 0.06 157
Percentage of employees in Xinjiang % 0.43 157
Percentage of employees in Yunnan % 0.93 157
Proportion of employee representatives in the labour union % 1.51 180

Employee turnover rate by gender, age group and geographical region.

Indicator Unit 2022 Report Pages
Annual turnover rate % 1.57 179
Annual turnover rate by rank - Junior employees % 1.73 180
Annual turnover rate by rank - Mid-level management % 0.39 180
Turnover rate in Central China Region % 1.23 179
Turnover rate in Chabei Region % 1.86 179
Turnover rate in Eastern China Region % 1.45 179
Turnover rate in Inner Mongolia % 1.22 179
Turnover rate in Northeast Region % 1.75 179
Turnover rate in Northern China Region % 1.76 179
Turnover rate in Northwest Region % 1.13 179
Turnover rate in Saibei Region % 1.95 179
Turnover rate of employees aged 30 and below % 2.68 179
Turnover rate of employees aged 31 to 50 % 1.63 179
Turnover rate of employees aged 51 and above % 1.65 179
Turnover rate of female employees % 2.01 179
Turnover rate of male employees % 1.35 179

Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.

Indicator Unit 2021 2022 Report Pages
Incidence of mastitis % 1.62 118
Lameness rate (only refers to the lameness rate of adult cows) % 0.53 118
Work-related fatalities Person 1 169
Work-related fatalities percentage % 0.02 169

Lost days due to work injury.

Indicator Unit 2022 Report Pages
Days lost due to work-related injuries Days 777 169

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Indicator Unit 2022 Report Pages
Amount of training expenses RMB'000 450.1 174
Percentage of trainees by gender - Female % 100 174
Percentage of trainees by gender - Male % 100 174
Percentage of trainees by rank - Junior employee % 100 174
Percentage of trainees by rank - Mid-level management % 100 174
Percentage of trainees by rank - Senior management % 100 174
Total number of trainees Person-time 138907 174

The average training hours completed per employee by gender and employee category.

Indicator Unit 2022 Report Pages
Average training hours of employees by age - Employees aged 24 and below Hour/person 18.7 175
Average training hours of employees by age - Employees aged 25 to 44 Hour/person 21.2 175
Average training hours of employees by age - Employees aged 45 and above Hour/person 14.5 175
Average training hours of employees by cultural background: Bachelor's degree Hour/person 19.7 176
Average training hours of employees by cultural background: Below the bachelor's degree Hour/person 15.9 176
Average training hours of employees by cultural background: Master's degree and above Hour/person 23.5 176
Average training hours of employees by gender - Female Hour/person 15.5 175
Average training hours of employees by gender - Male Hour/person 16.6 175
Average training hours of employees by rank - Junior employee Hour/person 15.9 175
Average training hours of employees by rank - Mid-level management Hour/person 21.5 175
Average training hours of employees by rank - Senior management Hour/person 24.5 175
Total number of training hours Hour 75012 174
Total number of training sessions Piece 3004 174
Training hours by training category - Management training Hour 8870 174
Training hours by training category - Other training Hour 17747 174
Training hours by training category - Professional training Hour 48395 174

Number of suppliers by geographical region.

Indicator Unit 2022 Report Pages
Adjusted net profit year-on-year increase % 49 12
Number of Additives Suppliers Supplier 74 145
Number of Beddings Suppliers Supplier 74 145
Number of Concentrated feed Suppliers Supplier 151 145
Number of Excipients Suppliers Supplier 202 145
Number of Logistics Suppliers Supplier 18 145
Number of Roughage Suppliers Supplier 128 145
Number of key first-tier suppliers suppliers 117 143
Number of manufacturer suppliers Supplier 252 149
Number of suppliers by region - Mainland China Supplier 616 149
Number of suppliers by region - Overseas Supplier 13 149
Number of trader suppliers Supplier 377 149
Percentage of Additives Suppliers % 11.44 145
Percentage of Beddings Suppliers % 11.44 145
Percentage of Concentrated feed Suppliers % 23.34 145
Percentage of Excipients Suppliers % 31.22 145
Percentage of Logistics Suppliers % 2.78 145
Percentage of Roughage Suppliers % 19.78 145
Procurement amount from key first-tier suppliers as a percentage of total procurement percent 71% 143
Total number of suppliers Supplier 629 149

Description of practices relating to engaging suppliers, number of suppliers where the practices are being implemented, and how they are implemented and monitored.

Indicator Unit 2022 Report Pages
Annual evaluation rate of suppliers implementing our practices % 100 149
Number of suppliers implementing our practices Supplier 629 149

Percentage of total products sold or shipped subject to recalls for safety and health reasons.

Indicator Unit 2022 Report Pages
Culled cattle quarantine rate % 100 118

Number of products and service related complaints received and how they are dealt with.

Indicator Unit 2022 Report Pages
Customer satisfaction (only involved the sale of raw milk) % 100 132
Number of certified tasters for product ability certification persons 87 131
Number of in vitro embryos produced by Shanghe Farm embryos 560 110

Description of practices relating to observing and protecting intellectual property rights.

Indicator Unit 2022 Report Pages
Selected as one of the top 500 Chinese agricultural enterprises 500 13

Description of quality assurance process and recall procedures.

Indicator Unit 2021 2022 2023 Report Pages
Gold Prize of Monde Selection consecutive years 9 13
Number of Modern Dairy farms passing 'High-quality Milk Project-Superior Milk' achievement inspection farms 16 129
Number of annual raw milk risk monitoring items and internal control standards adjusted items 20 131
Pass rate of bulk raw materials % 98.2 124
Pass rate of on-site feed quality inspection %, % increase from 2021 0.8 98.16 124

Number of concluded legal cases regarding corrupt practices brought against the issuer or its employees during the reporting period and the outcomes of the cases.

Indicator Unit 2022 Report Pages
Economic losses recovered due to violations million RMB 3.791 30
Number of employees disciplined for violating rules and regulations (no judicial cases involving corruption) employees 78 30
Standard & Poor's rating BBB 11

Description of preventive measures and whistle-blowing procedures, and how they are implemented and monitored.

Indicator Unit 2022 Report Pages
Number of violation clues received by Disciplinary Inspection Office clues 26 30

Description of anti-corruption training provided to directors and staff.

Indicator Unit 2022 Report Pages
Number of attendees at 2022 Party Style and Integrity Construction and Anti-Corruption Work Conference people 800 33
Number of integrity training sessions carried out for all employees sessions 34 30

Focus areas of contribution (e.g. education, environmental concerns, labour needs, health, culture, sport).

Indicator Unit 2022 Report Pages
FAIRR protein producer index ranking among Chinese companies 1 12
Indirect economic losses recovered through special supervision million RMB 10.7354 31
Number of farms under Modern Dairy evaluated for high-quality milk projects farms 16 129

Resources contributed (e.g. money or time) to the focus area.

Indicator Unit 2022 Report Pages
Average hours of volunteer service Hour/person 26.25 194
Direct economic losses recovered through special supervision RMB 854400 31
Number of volunteers participating in the community activities Person 32 194
Total hours of volunteer service Hour 840 194

The types of emissions and respective emissions data.

Standard Indicator Unit 2021 2022
Airborne Particulate Matter (PM) Emissions tons 0.21 0.02
NOâ‚“ Emissions tons 151.53 114.28
SOâ‚“ Emissions tons 68.69 46.26

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022
Direct GHG Emissions (Scope 1) tCO2e 1116991.7 1654588.91
Indirect Energy Emissions (Scope 2) tCO2e 208676.32 410249.01
Total GHG Emissions tCO2e 1325688.02 2064837.92
Total GHG Emissions Intensity (By Product Weight) Kg CO2e/kg FPCM 0.91 0.9
Total GHG Emissions Intensity (By Revenue) tCO2e/million 201.24 167.94

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022
Total Hazardous Waste tons 136.1 267.24
Total Hazardous Waste Intensity (By Revenue) kg/million 20.66 21.74

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022
Total Non-Hazardous Waste Intensity (By Revenue) kg/million 140 37.59

Description of emissions target(s) set and steps taken to achieve them.

Standard Indicator Unit 2025 2030 2035
Reduction in GHG Intensity Compared to Last Year (By Product Weight) % 7 15 20

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022
Diesel Fuel Consumption ten thousand liters 613.78 1089.14
Energy Consumption Intensity (By Revenue) tons of standard coal/million 21.08 12.98
Gasoline Consumption liters 170100 14574.9
Natural Gas Consumption ten thousand cubic meters 40.88 68.08
Purchased Electricity ten thousand kWh 30491.84 40313.47
Total Energy Consumption tons of standard coal 138900 159645.2

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022
Recycled Water Usage tons 1375000 493480
Water Consumption tons 9774300 15792700
Water Consumption Intensity (By Revenue) ten thousand tons/million 0.15 0.13

Description of energy use efficiency target(s) set and steps taken to achieve them.

Standard Indicator Unit 2025
Target Electricity Usage Reduction Percentage by 2025 Compared to 2023 % 50

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Standard Indicator Unit 2022
Number of Employees Aged 30-50 Person 5518
Number of Employees Aged Above 50 Person 1286
Number of Employees Aged Below 30 Person 1651
Number of Employees in Hong Kong Person 3
Number of Female Employees Person 2763
Number of Male Employees Person 5692
Number of Total Employees Person 8455
Percentage of Employees Aged 30-50 % 65.26
Percentage of Employees Aged Above 50 % 15.21
Percentage of Employees Aged Below 30 % 19.53
Percentage of Employees in Hong Kong % 0.04
Percentage of Female Employees % 32.68
Percentage of Male Employees % 67.32

Employee turnover rate by gender, age group and geographical region.

Standard Indicator Unit 2022
Turnover Rate of Employees Aged 30-50 % 1.63
Turnover Rate of Employees Aged Above 50 % 1.65
Turnover Rate of Employees Aged Below 30 % 2.68
Turnover Rate of Employees in Central China % 1.23
Turnover Rate of Employees in East China % 1.45
Turnover Rate of Employees in North China % 1.76
Turnover Rate of Employees in Northeast China % 1.75
Turnover Rate of Employees in Northwest China % 1.13
Turnover Rate of Female Employees % 2.01
Turnover Rate of Junior Management Employees % 1.73
Turnover Rate of Male Employees % 1.35
Turnover Rate of Middle Management Employees % 0.39
Turnover Rate of Total Employees % 1.57

Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.

Standard Indicator Unit 2021
Number of Work-related Fatalities Person 1
Work-related Fatalities Rate % 0.02

Lost days due to work injury.

Standard Indicator Unit 2022
Lost Days Due to Work-related Injuries Days 777

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Standard Indicator Unit 2022
Percentage of Employees Trained % 100
Percentage of Trained Female Employees % 100
Percentage of Trained General Employees % 100
Percentage of Trained Male Employees % 100
Percentage of Trained Middle Management % 100
Percentage of Trained Senior Management % 100
Total Cost of Training RMB'000 450.1

The average training hours completed per employee by gender and employee category.

Standard Indicator Unit 2022
Average Training Hours (Female) Hour/person 15.5
Average Training Hours (General Staff) Hour/person 15.9
Average Training Hours (Male) Hour/person 16.6
Average Training Hours (Middle Management) Hour/person 21.5
Average Training Hours (Senior Management) Hour/person 24.5
Total Training Hours Hour 75012
Training Hours of Professional Skills Development Hour 48395

Number of suppliers by geographical region.

Standard Indicator Unit 2022
Number of Suppliers in Mainland China Supplier 616
Number of Suppliers in Overseas Supplier 13
Number of Total Suppliers Supplier 629
Proportion of Spending on Local Suppliers percent 71

Description of practices relating to engaging suppliers, number of suppliers where the practices are being implemented, and how they are implemented and monitored.

Standard Indicator Unit 2022
Annual Evaluation Rate of Suppliers Implementing Our Practices % 100
Number of Suppliers Implementing Our Practices Supplier 629

Description of anti-corruption training provided to directors and staff.

Standard Indicator Unit 2022
Number of Anti-corruption Training Session sessions 34
Number of People Participated in Ethical Standards and Anti-corruption Training people 800

Resources contributed (e.g. money or time) to the focus area.

Standard Indicator Unit 2022
Average Hours of Employee Volunteer Services Hour/person 26.25
Number of Employees Participating in Volunteer Activities Person 32
Total Volunteer Service Hours Hour 840