ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2023

Year: 2023
Published: 2024-04-29
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

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 2022 2023 Report Pages
Direct emissions (tonne(s)) (Scope 1) - Corporate fleet - Offices tonne(s) 13.05 22.1 23
Direct emissions (tonne(s)) (Scope 1) - Corporate fleet - Steel Cord Segment tonne(s) 50.18 68.61 23
Direct emissions (tonne(s)) (Scope 1) - Corporate fleet - Total tonne(s) 63.23 90.71 23
Direct emissions (tonne(s)) (Scope 1) - Natural gas - Offices tonne(s) N/A N/A 23
Direct emissions (tonne(s)) (Scope 1) - Natural gas - Steel Cord Segment tonne(s) 21389.77 24833.76 23
Direct emissions (tonne(s)) (Scope 1) - Natural gas - Total tonne(s) 21389.77 24833.76 23
Indirect energy emissions (tonne(s)) (Scope 2) - Electricity - Offices tonne(s) 22.38 21.36 23
Indirect energy emissions (tonne(s)) (Scope 2) - Electricity - Steel Cord Segment tonne(s) 236445.28 265624.86 23
Indirect energy emissions (tonne(s)) (Scope 2) - Electricity - Total tonne(s) 236467.66 265646.22 23
Other indirect emissions (tonne(s)) (Scope 3) - Business travel - Offices tonne(s) 7.51 29.38 23
Other indirect emissions (tonne(s)) (Scope 3) - Business travel - Steel Cord Segment tonne(s) 8.37 27.12 23
Other indirect emissions (tonne(s)) (Scope 3) - Business travel - Total tonne(s) 15.88 56.5 23
Other indirect emissions (tonne(s)) (Scope 3) - Paper consumption - Offices tonne(s) 1.47 1.52 23
Other indirect emissions (tonne(s)) (Scope 3) - Paper consumption - Steel Cord Segment tonne(s) 47.87 51.83 23
Other indirect emissions (tonne(s)) (Scope 3) - Paper consumption - Total tonne(s) 49.34 53.35 23
Other indirect emissions (tonne(s)) (Scope 3) - Water consumption - Offices tonne(s) 0.02 0.02 23
Other indirect emissions (tonne(s)) (Scope 3) - Water consumption - Steel Cord Segment tonne(s) 773.55 836.97 23
Other indirect emissions (tonne(s)) (Scope 3) - Water consumption - Total tonne(s) 773.57 836.99 23
Total emissions (tonne(s)) (Scope 1) - Offices tonne(s) 13.05 22.1 23
Total emissions (tonne(s)) (Scope 1) - Steel Cord Segment tonne(s) 21439.95 24902.37 23
Total emissions (tonne(s)) (Scope 1) - Total tonne(s) 21453 24924.47 23
Total emissions (tonne(s)) (Scope 3) - Offices tonne(s) 9 30.92 23
Total emissions (tonne(s)) (Scope 3) - Steel Cord Segment tonne(s) 829.79 915.92 23
Total emissions (tonne(s)) (Scope 3) - Total tonne(s) 838.79 946.84 23
Total emissions (tonne(s)) (Scopes 1, 2 and 3) - Offices tonne(s) 44.43 74.38 23
Total emissions (tonne(s)) (Scopes 1, 2 and 3) - Steel Cord Segment tonne(s) 258715.02 291443.15 23
Total emissions (tonne(s)) (Scopes 1, 2 and 3) - Total tonne(s) 258759.45 291517.53 23
Total emissions per gross floor area (tonne(s)/m²) - Offices tonne(s)/m² 0.07 0.11 23
Total emissions per thousand tonnes of production volume (tonne(s)/'000 tonnes) - Steel Cord Segment tonne(s)/'000 tonnes 1340.33 1289.04 23

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

Indicator Unit 2022 2023 2030 Report Pages
Lubricant liquid waste (Steel Cord Segment) tonne(s) 6161.15 1220.76 25
Oxidised surface of steel wire rod (Industrial wastes) tonne(s) 761.82 903.53 26
Reduction target for total hazardous wastes per thousand tonnes of production volume in the steel cord segment compared to 2021 percent -10 30
Sludge from sewage treatment station (Steel Cord Segment) tonne(s) 1157.5 1059 25
Total industrial wastes per thousand tonnes of production volume tonne(s)/'000 tonnes 36.22 42.64 26
Total liquid wastes (Steel Cord Segment) tonne(s) 16461.13 11923.51 25
Total liquid wastes per thousand tonnes of production volume (Steel Cord Segment) tonne(s)/'000 tonnes 85.28 52.74 25
Total metallic wastes per thousand tonnes of production volume unit(s)/'000 tonnes 47.28 31.15 26
Used acid liquid waste (Steel Cord Segment) tonne(s) 10299.98 10702.75 25
Used powdered lubricant (Other wastes) tonne(s) 240.46 244.22 26

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

Indicator Unit 2022 2023 2030 Report Pages
Reduction target for total non-hazardous wastes per thousand tonnes of production volume in the steel cord segment compared to 2021 percent -5 30
Scrapped plastic bags (Packaging wastes) tonne(s) 34.03 66.57 26
Scrapped plastic separators (Packaging wastes) tonne(s) 18.14 22.99 26
Scrapped rod ties, scrapped wires and steel wire rod ties (Industrial wastes) tonne(s) 6228.7 8736.13 26
Scrapped spools (Metallic wastes) unit(s) 9126.08 7042.44 26
Scrapped wooden brackets (Other wastes) tonne(s) 142.83 122.41 26
Sludge from lubricating station (Steel Cord Segment) tonne(s) 230.93 289.99 25
Total industrial wastes tonne(s) 6990.52 9639.66 26
Total packaging wastes tonne(s) 269.75 352.84 26
Total packaging wastes per thousand tonnes of production volume tonne(s)/'000 tonnes 1.4 1.56 26
Total scrapped wooden brackets per thousand tonnes of production volume tonne(s)/'000 tonnes 0.74 0.54 26
Total solid wastes (Steel Cord Segment) tonne(s) 1388.43 1348.99 25
Total solid wastes per thousand tonnes of production volume (Steel Cord Segment) tonne(s)/'000 tonnes 7.19 5.97 25
Used packaging plastic bags for steel wire rod (Packaging wastes) tonne(s) 210.8 258.13 26
Used packaging plastic ties (Packaging wastes) tonne(s) 6.78 5.15 26

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

Indicator Unit 2030 Report Pages
Reduction target for total GHG emissions per thousand tonnes of production volume in the steel cord segment compared to 2021 percent -20 28

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 2022 2023 Report Pages
Direct energy consumption (MWh) - Natural gas - Offices MWh N/A N/A 31
Direct energy consumption (MWh) - Natural gas - Steel Cord Segment MWh 110465.62 128251.82 31
Direct energy consumption (MWh) - Natural gas - Total MWh 110465.62 128251.82 31
Direct energy consumption (MWh) - Petrol - Offices MWh 54.11 91.66 31
Direct energy consumption (MWh) - Petrol - Steel Cord Segment MWh 208.11 284.54 31
Direct energy consumption (MWh) - Petrol - Total MWh 262.22 376.2 31
Indirect energy consumption (MWh) - Electricity consumption - Offices MWh 34.18 33.26 31
Indirect energy consumption (MWh) - Electricity consumption - Steel Cord Segment MWh 401060.6 450555.27 31
Indirect energy consumption (MWh) - Electricity consumption - Total MWh 401094.78 450588.53 31
Total direct and indirect energy consumption (MWh) - Offices MWh 88.29 124.92 31
Total direct and indirect energy consumption (MWh) - Steel Cord Segment MWh 511734.33 579091.63 31
Total direct and indirect energy consumption (MWh) - Total MWh 511822.62 579216.55 31
Total direct energy consumption (MWh) - Offices MWh 54.11 91.66 31
Total direct energy consumption (MWh) - Steel Cord Segment MWh 110673.73 128536.36 31
Total direct energy consumption (MWh) - Total MWh 110727.84 128628.02 31
Total energy consumption per gross floor area (MWh/m²) - Offices MWh/m² 0.13 0.19 31
Total energy consumption per gross floor area (MWh/m²) - Steel Cord Segment MWh/m² N/A N/A 31
Total energy consumption per gross floor area (MWh/m²) - Total MWh/m² N/A N/A 31
Total energy consumption per thousand tonnes of production volume (MWh/'000 tonnes) - Offices MWh/'000 tonnes N/A N/A 31
Total energy consumption per thousand tonnes of production volume (MWh/'000 tonnes) - Steel Cord Segment MWh/'000 tonnes 2651.16 2561.3 31
Total energy consumption per thousand tonnes of production volume (MWh/'000 tonnes) - Total MWh/'000 tonnes N/A N/A 31

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

Indicator Unit 2022 2023 Report Pages
Domestic and industrial sewage (Steel Cord Segment) tonne(s) 423150 459183 25
Total sewage per thousand tonnes of production volume (Steel Cord Segment) tonne(s)/'000 tonnes 2192.22 2030.95 25

Total packaging material used for finished products (in tonnes) and, if applicable, with reference to per unit produced.

Indicator Unit 2022 2023 Report Pages
Total used powdered lubricant per thousand tonnes of production volume tonne(s)/'000 tonnes 1.25 1.08 26

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

Indicator Unit 2022 2023 Report Pages
Number of employees aged 30 or below No. of employees 357 313 49
Number of employees aged 31 to 50 No. of employees 1771 1829 49
Number of employees aged over 50 No. of employees 235 271 49
Number of employees by staff hometown region - Hong Kong (Offices) employees 3 3 50
Number of employees by staff hometown region - Others employees 167 195 50
Number of employees by staff hometown region - Shandong Province employees 710 590 50
Number of employees by staff hometown region - Sichuan Province employees 41 26 50
Number of employees by staff hometown region - Zhejiang Province employees 30 37 50
Number of employees by staff hometown region: Beijing No. of employees 6 7 49
Number of employees by staff hometown region: Henan Province No. of employees 88 91 49
Number of employees by staff hometown region: Hong Kong No. of employees 12 8 49
Number of employees by staff hometown region: Others No. of employees 357 370 49
Number of employees by staff hometown region: Shandong Province No. of employees 1453 1492 49
Number of employees by staff hometown region: Shanghai No. of employees 14 17 49
Number of employees by staff hometown region: Zhejiang Province No. of employees 433 428 49
Number of female employees No. of employees 351 387 49
Number of full time employees No. of employees 2363 2413 49
Number of male employees No. of employees 2012 2026 49
Rate of employees by staff hometown region - Hong Kong (Offices) % 0.59 0.64 50
Rate of employees by staff hometown region - Others % 0.59 0.66 50
Rate of employees by staff hometown region - Shandong Province % 2.51 1.99 50
Rate of employees by staff hometown region - Sichuan Province % 0.15 0.09 50
Rate of employees by staff hometown region - Zhejiang Province % 0.11 0.13 50
Total number of employees No. of employees 2363 2413 49

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

Indicator Unit 2022 2023 Report Pages
Number of employee turnover - Offices employees 3 3 50
Number of employee turnover - Steel Cord Segment employees 948 848 50
Number of employee turnover - Total employees 951 851 50
Number of employee turnover age 30 or below - Offices employees 1 50
Number of employee turnover age 30 or below - Steel Cord Segment employees 364 308 50
Number of employee turnover age 30 or below - Total employees 364 309 50
Number of employee turnover age 31 to 50 - Offices employees 2 2 50
Number of employee turnover age 31 to 50 - Steel Cord Segment employees 562 519 50
Number of employee turnover age 31 to 50 - Total employees 564 521 50
Number of employee turnover age over 50 - Offices employees 1 50
Number of employee turnover age over 50 - Steel Cord Segment employees 22 21 50
Number of employee turnover age over 50 - Total employees 23 21 50
Number of female employee turnover - Offices employees 1 2 50
Number of female employee turnover - Steel Cord Segment employees 100 91 50
Number of female employee turnover - Total employees 101 93 50
Number of full time employee turnover - Offices employees 3 3 50
Number of full time employee turnover - Steel Cord Segment employees 948 848 50
Number of full time employee turnover - Total employees 951 851 50
Number of male employee turnover - Offices employees 2 1 50
Number of male employee turnover - Steel Cord Segment employees 848 757 50
Number of male employee turnover - Total employees 850 758 50
Rate of employee turnover - Offices % 0.59 0.64 50
Rate of employee turnover - Steel Cord Segment % 3.36 2.87 50
Rate of employee turnover - Total % 3.31 2.84 50
Rate of employee turnover age 30 or below - Offices % 0.21 50
Rate of employee turnover age 30 or below - Steel Cord Segment % 1.29 1.04 50
Rate of employee turnover age 30 or below - Total % 1.27 1.03 50
Rate of employee turnover age 31 to 50 - Offices % 0.39 0.43 50
Rate of employee turnover age 31 to 50 - Steel Cord Segment % 1.99 1.76 50
Rate of employee turnover age 31 to 50 - Total % 1.96 1.74 50
Rate of employee turnover age over 50 - Offices % 0.2 50
Rate of employee turnover age over 50 - Steel Cord Segment % 0.08 0.07 50
Rate of employee turnover age over 50 - Total % 0.08 0.07 50
Rate of female employee turnover - Offices % 0.2 0.43 50
Rate of female employee turnover - Steel Cord Segment % 0.35 0.31 50
Rate of female employee turnover - Total % 0.35 0.31 50
Rate of full time employee turnover - Offices % 0.59 0.64 50
Rate of full time employee turnover - Steel Cord Segment % 3.36 2.87 50
Rate of full time employee turnover - Total % 3.31 2.84 50
Rate of male employee turnover - Offices % 0.39 0.21 50
Rate of male employee turnover - Steel Cord Segment % 3.01 2.56 50
Rate of male employee turnover - Total % 2.96 2.53 50

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

Indicator Unit 2022 2023 Report Pages
Percentage of employees trained, Offices % 6.58 6.89 56
Percentage of employees trained, Steel Cord Segment % 63.94 98.71 56
Percentage of employees who received training by employee category, Directors/Senior Management, Offices % 1.39 0.82 56
Percentage of employees who received training by employee category, Directors/Senior Management, Steel Cord Segment % N/A N/A 56
Percentage of employees who received training by employee category, Managerial grade or above, Offices % 0.19 0.85 56
Percentage of employees who received training by employee category, Managerial grade or above, Steel Cord Segment % 0.1 0.09 56
Percentage of employees who received training by employee category, Others, Offices % 2.6 2.49 56
Percentage of employees who received training by employee category, Others, Steel Cord Segment % 0.1 0.09 56
Percentage of employees who received training by employee category, Production workers, Offices % N/A N/A 56
Percentage of employees who received training by employee category, Production workers, Steel Cord Segment % 60.1 95.05 56
Percentage of employees who received training by employee category, Supporting/General Staff, Offices % 2.4 2.73 56
Percentage of employees who received training by employee category, Supporting/General Staff, Steel Cord Segment % 3.64 3.48 56
Percentage of employees who received training by gender, Female, Offices % 4.99 5 56
Percentage of employees who received training by gender, Female, Steel Cord Segment % 9.44 17.99 56
Percentage of employees who received training by gender, Male, Offices % 1.59 1.89 56
Percentage of employees who received training by gender, Male, Steel Cord Segment % 54.5 80.72 56

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

Indicator Unit 2022 2023 Report Pages
Average hours of training per employee by employee category, Directors/Senior Management, Offices Hours 0.33 0.21 56
Average hours of training per employee by employee category, Directors/Senior Management, Steel Cord Segment Hours N/A N/A 56
Average hours of training per employee by employee category, Managerial grade or above, Offices Hours 0.02 0.03 56
Average hours of training per employee by employee category, Managerial grade or above, Steel Cord Segment Hours 0.28 1.8 56
Average hours of training per employee by employee category, Others, Offices Hours 0.4 0.48 56
Average hours of training per employee by employee category, Others, Steel Cord Segment Hours 0.09 0.17 56
Average hours of training per employee by employee category, Production workers, Offices Hours N/A N/A 56
Average hours of training per employee by employee category, Production workers, Steel Cord Segment Hours 11.72 5.29 56
Average hours of training per employee by employee category, Supporting/General Staff, Offices Hours 1.1 1.15 56
Average hours of training per employee by employee category, Supporting/General Staff, Steel Cord Segment Hours 1.57 1.93 56
Average hours of training per employee by gender, Female, Offices Hours 1.21 0.52 56
Average hours of training per employee by gender, Female, Steel Cord Segment Hours 22.9 5.85 56
Average hours of training per employee by gender, Male, Offices Hours 0.04 0.01 56
Average hours of training per employee by gender, Male, Steel Cord Segment Hours 9.19 4.64 56
Average hours of training per employee, Offices Hours 0.59 0.59 56
Average hours of training per employee, Steel Cord Segment Hours 10.35 4.81 56
Total training hours completed by employees, Offices Hours 291.5 283.5 56
Total training hours completed by employees, Steel Cord Segment Hours 256424.8 141354 56

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 2022 2023
Direct GHG Emissions (Scope 1) tonne(s) 21453 24924.47
GHG Emissions from Natural Gas tonne(s) 21389.77 24833.76
GHG Emissions from Purchased Electricity tonne(s) 236467.66 265646.22
Indirect Energy Emissions (Scope 2) tonne(s) 236467.66 265646.22
Mobile Combustion Emissions tonne(s) 63.23 90.71
Scope 3 GHG Emissions (Business Travel) tonne(s) 15.88 56.5
Stationary Combustion Emissions tonne(s) 21389.77 24833.76
Total GHG Emissions tonne(s) 258759.45 291517.53
Total GHG Emissions Intensity (By Area) tonne(s)/m² 0.07 0.11
Total GHG Emissions Intensity (By Product Volume) tonne(s)/'000 tonnes 1340.33 1289.04
Total Other Indirect Energy Emissions (Scope 3) tonne(s) 838.79 946.84

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

Standard Indicator Unit 2022 2023 2030
Hazardous Waste (Liquid Waste) tonne(s) 16461.13 11923.51
Total Hazardous Waste Intensity (By Product Volume) percent 36.22 42.64 -10

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

Standard Indicator Unit 2022 2023
Plastic Waste tonne(s) 34.03 66.57
Total Non-Hazardous Waste Intensity (By Product Weight) tonne(s)/'000 tonnes 7.19 5.97

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

Standard Indicator Unit 2030
Target Reduction in GHG Intensity Percentage by 2030 Compared to 2021 percent -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 2022 2023
Energy Consumption Intensity (By Area) MWh/m² 0.13 0.19
Energy Consumption Intensity (By Unit Product) MWh/'000 tonnes 2651.16 2561.3
Gasoline Consumption MWh 262.22 376.2
Natural Gas Consumption MWh 110465.62 128251.82
Purchased Electricity MWh 401094.78 450588.53
Total Direct Energy Consumption MWh 110727.84 128628.02
Total Energy Consumption MWh 511822.62 579216.55
Total Indirect Energy Consumption MWh 401094.78 450588.53

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

Standard Indicator Unit 2022 2023
Total Wastewater Discharge tonne(s) 423150 459183
Wastewater Discharge Intensity tonne(s)/'000 tonnes 2192.22 2030.95

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

Standard Indicator Unit 2022 2023
Number of Employees Aged 30-50 No. of employees 1771 1829
Number of Employees Aged Above 50 No. of employees 235 271
Number of Employees Aged Below 30 No. of employees 357 313
Number of Female Employees No. of employees 351 387
Number of Full-time Employees No. of employees 2363 2413
Number of Male Employees No. of employees 2012 2026
Number of Total Employees No. of employees 2363 2413
Percentage of Employees Aged 30-50 % 74.98 75.82
Percentage of Employees Aged Above 50 % 9.95 11.23
Percentage of Employees Aged Below 30 % 15.11 12.97
Percentage of Female Employees % 14.86 16.04
Percentage of Full-time Employees % 100 100
Percentage of Male Employees % 85.18 83.97

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

Standard Indicator Unit 2022 2023
Turnover Rate of Employees Aged 30-50 % 1.96 1.74
Turnover Rate of Employees Aged Above 50 % 0.08 0.07
Turnover Rate of Employees Aged Below 30 % 1.27 1.03
Turnover Rate of Female Employees % 0.35 0.31
Turnover Rate of Full-time Employees % 3.31 2.84
Turnover Rate of Male Employees % 2.96 2.53
Turnover Rate of Total Employees % 3.31 2.84

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

Standard Indicator Unit 2022 2023
Percentage of Employees Trained % 63.94 98.71
Percentage of Trained Administrative Employees % 3.64 2.73
Percentage of Trained Female Employees % 4.99 17.99
Percentage of Trained General Employees % 0.1 0.09
Percentage of Trained Male Employees % 1.59 80.72
Percentage of Trained Middle Management % 0.1 0.85
Percentage of Trained Production Employees % None None
Percentage of Trained Senior Management % 1.39 0.82

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

Standard Indicator Unit 2022 2023
Average Training Hours (Female) Hours 22.9 5.85
Average Training Hours (General Employees) Hours 1.1 1.15
Average Training Hours (General Staff) Hours 0.4 0.48
Average Training Hours (Male) Hours 9.19 0.01
Average Training Hours (Middle Management) Hours 0.02 0.03
Average Training Hours (Production Employees) Hours 11.72 5.29
Average Training Hours (Senior Management) Hours 0.33 0.21
Average Training Hours per Employee Hours 0.59 4.81
Total Training Hours Hours 256424.8 141354