ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2023

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

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2022 2023 Report Pages
Air Emissions - NOx Ton 232.98 243.45 38
Air Emissions - Particulate matter Ton 24.49 25.54 38
Air Emissions - SOx Ton 181.2 89.42 38
Air Emissions - Total Ton 438.67 358.41 38
Air Emissions by intensity - Per ton '000 of FPCM produced Ton/ton000 0.5 0.38 38
Air Emissions by intensity - Per ton '000 of beef cattle weight gained Ton/ton000 4.85 1.99 38
Air Emissions by intensity - Per ton '000 of feed produced Ton/ton000 N/A 0.01 38

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
GHG Emissions (Scope 1 & 2) per Ton of Fat and Protein Corrected Milk (FPCM) Produced tCO2e/ton FPCM 0.89 0.84 4
GHG Emissions - Scope I tCO2e 664849.67 737003.25 38
GHG Emissions - Scope II tCO2e 76594.2 90832.1 38
GHG Emissions - Total tCO2e 741443.87 827835.35 38
GHG Emissions by intensity - Per ton of FPCM produced tCO2e/ton 0.89 0.84 38
GHG Emissions by intensity - Per ton of beef cattle weight gained tCO2e/ton 6.17 6.24 38
GHG Emissions by intensity - Per ton of feed produced tCO2e/ton N/A 0.04 38
GHG Emissions by source - Electricity tCO2e 76594.2 90832.1 38
GHG Emissions by source - Energy (except electricity) tCO2e 41484.44 47795.29 38
GHG Emissions by source - Enteric fermentation from herds tCO2e 430064.93 498376.21 38
GHG Emissions by source - Manure management tCO2e 182655.64 186177.77 38
GHG Emissions by source - Refrigerants tCO2e 10644.66 4713.98 38
Proportion of total GHG emissions from enteric fermentation of herds and manure management % 82.68 36
Refrigerant consumption Ton 3.69 1.8 39
Scope 1 & 2 GHG emissions tCO₂e/ton FPCM tCO₂e/ton FPCM 0.89 0.84 15

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

Indicator Unit 2022 2023 Report Pages
Feces from herds (animal related wastes) Ton 1023373 1151603 40
Hazardous wastes (by type) Ton 91.02 105.84 40
Hazardous wastes per ton 000 of FPCM produced Ton/ton'000 0.11 0.11 40
Hazardous wastes per ton 000 of beef cattle weight gained Ton/ton'000 0.91 0.78 40
Hazardous wastes per ton 000 of feed produced Ton/ton'000 N/A 40
Urine from herds (animal related wastes) Ton 600349 674656 40

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

Indicator Unit 2022 2023 Report Pages
Non-hazardous wastes incinerated and landfilled Ton 532.12 564.36 40
Non-hazardous wastes per ton 000 of FPCM produced Ton/ton'000 1.84 1.31 40
Non-hazardous wastes per ton 000 of beef cattle weight gained Ton/ton'000 13.4 8.83 40
Non-hazardous wastes per ton 000 of feed produced Ton/ton'000 N/A 2.2 40
Non-hazardous wastes reused or recycled Ton 1015.34 852.03 40
Non-hazardous wastes total Ton 1547.46 1416.39 40

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

Indicator Unit 2025 2030 2035 Report Pages
GHG Emissions (Scope 1 & 2) by Intensity, 2025 target reduction from 2022 base year reduction 10% 4
GHG Emissions (Scope 1 & 2) by Intensity, 2030 target reduction from 2022 base year reduction 28% 4
GHG Emissions (Scope 1 & 2) by Intensity, 2035 target reduction from 2022 base year reduction 40% 4
GHG Emissions (Scope 1 & 2) per Ton of Fat and Protein Corrected Milk (FPCM) Produced, 2025 target tCO2e/ton FPCM 0.8 4
GHG Emissions (Scope 1 & 2) per Ton of Fat and Protein Corrected Milk (FPCM) Produced, 2030 target tCO2e/ton FPCM 0.64 4
GHG Emissions (Scope 1 & 2) per Ton of Fat and Protein Corrected Milk (FPCM) Produced, 2035 target tCO2e/ton FPCM 0.54 4

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 2022 2023 Report Pages
Harmless disposal of dead herds (animal related wastes) Head 6305 8028 40

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
Biomass consumption GJ 1325.02 334.94 39
Coal consumption GJ 95920.76 91064.37 39
Diesel oil consumption GJ 249001.38 272104.16 39
Electricity consumption GJ 483767.04 573693.3 39
Energy intensity (non-renewable energy only) per ton of FPCM produced GJ/ton 1.07 1.03 39
Energy intensity (non-renewable energy only) per ton of beef cattle weight gained GJ/ton 3.34 2.98 39
Energy intensity (non-renewable energy only) per ton of feed produced GJ/ton N/A 0.49 39
Gasoline consumption GJ 3984.76 3789.93 39
Natural gas consumption GJ N/A 25308.5 39
Self-produced biogas consumption GJ 171434.68 237411.09 39
Total energy consumption GJ 1005397.62 1203706.29 39

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

Indicator Unit 2022 2023 Report Pages
Ground water withdrawal 2503611.19 2651101.43 39
Municipal water withdrawal 1056214.53 1982598.77 39
Surface water withdrawal 3031629.54 2756066 39
Total water withdrawal 6591456.26 7389766.2 39
Water withdrawal intensity per ton of FPCM produced m³/ton 8.41 8.02 39
Water withdrawal intensity per ton of beef cattle weight gained m³/ton 28.65 30.15 39
Water withdrawal intensity per ton of feed produced m³/ton N/A 0.38 39

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

Indicator Unit 2022 2023 Report Pages
Dairy products packaging materials - inner packages Ton 475.33 1074.52 40
Dairy products packaging materials - outer packages Ton 494.25 631.35 40
Feed products packaging materials - packaging bags Ton N/A 92.65 40
Packaging materials total Ton 969.58 1798.52 40

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

Indicator Unit 2022 2023 Report Pages
Herd Size as at 31 December - Beef cattle (Heads) Heads 29615 38433 9
Herd Size as at 31 December - Calves and heifers (Heads) Heads 60554 66085 9
Herd Size as at 31 December - Milkable cows (Heads) Heads 57396 64717 9
Number of Holstein cows with net merit (NM$) over 1000 registered with Council on Dairy Cattle Breeding (CDCB) in China cows 510 36
Number of dairy farms with AMY exceeding 14 tons farm 1 9
Proportion of Holstein cows with NM$ over 1000 from AustAsia % 48.43 36
Raw Milk Production Volume Tons 759800 859600 9

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

Indicator Unit 2022 2023 Report Pages
Female senior and middle management as percentage of total management percent 12.1 44
Hire rate - 30 to 50 years old 32.43% 45
Hire rate - Above 50 years old 2.95% 45
Hire rate - Below 30 years old 20.61% 45
Hire rate - Female 11.98% 45
Hire rate - Inner Mongolia, China 16.05% 45
Hire rate - Junior management 0.44% 45
Hire rate - Male 44.01% 45
Hire rate - Middle management 0.12% 45
Hire rate - Ordinary employees 55.55% 45
Hire rate - Others (region) 0.04% 45
Hire rate - Senior management 0.12% 45
Hire rate - Shandong, China 39.90% 45
Local employment rate percent 84.35 44
Number of dispatched workers from third-parties persons 165 44
Number of employees by age group: 30 to 50 years old persons 1304 44
Number of employees by age group: Above 50 years old persons 302 44
Number of employees by age group: Below 30 years old persons 654 44
Number of employees by gender: Female persons 571 44
Number of employees by gender: Male persons 2049 44
Number of handicapped employees persons 11 44
Number of minority employees persons 367 44
Percentage of employees by age group: 30 to 50 years old percent 63.51 44
Percentage of employees by age group: Above 50 years old percent 11.53 44
Percentage of employees by age group: Below 30 years old percent 24.96 44
Percentage of employees by gender: Female percent 21.79 44
Percentage of employees by gender: Male percent 78.21 44
Percentage of employees with local employment contracts percent 100% 44
Recruited employees - 30 to 50 years old 812 45
Recruited employees - Above 50 years old 74 45
Recruited employees - Below 30 years old 516 45
Recruited employees - Female 300 45
Recruited employees - Inner Mongolia, China 402 45
Recruited employees - Junior management 11 45
Recruited employees - Male 1102 45
Recruited employees - Middle management 3 45
Recruited employees - Ordinary employees 1391 45
Recruited employees - Others (region) 1 45
Recruited employees - Senior management 3 45
Recruited employees - Shandong, China 999 45
Senior and middle management from China (main operation location) percent 62.5 44
Total number of employees persons 2260 44
Total recruited employees 770 1402 45

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

Indicator Unit 2022 2023 Report Pages
Total hire rate 34.03% 55.99% 45
Total turnover 503 573 45
Total turnover rate 22.23% 22.88% 45
Turnover - 30 to 50 years old 280 45
Turnover - Above 50 years old 65 45
Turnover - Below 30 years old 228 45
Turnover - Female 148 45
Turnover - Inner Mongolia, China 202 45
Turnover - Junior management 18 45
Turnover - Male 425 45
Turnover - Middle management 3 45
Turnover - Ordinary employees 552 45
Turnover - Others (region) 1 45
Turnover - Shandong, China 370 45
Turnover rate - 30 to 50 years old 11.18% 45
Turnover rate - Above 50 years old 2.60% 45
Turnover rate - Below 30 years old 9.10% 45
Turnover rate - Female 5.91% 45
Turnover rate - Inner Mongolia, China 8.07% 45
Turnover rate - Junior management 0.72% 45
Turnover rate - Male 16.97% 45
Turnover rate - Middle management 0.12% 45
Turnover rate - Ordinary employees 22.04% 45
Turnover rate - Others (region) 0.04% 45
Turnover rate - Senior management 0.00% 45
Turnover rate - Shandong, China 14.77% 45

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

Indicator Unit 2022 2023 Report Pages
Work-related fatalities or serious harm injuries Zero Zero 15
Work-related injury number 39 43 43
Work-related injury rate 6.78 6.84 15, 43

Lost days due to work injury.

Indicator Unit 2022 2023 Report Pages
Work-related injury days lost Day 1526 1142 43

Description of occupational health and safety measures adopted, and how they are implemented and monitored.

Indicator Unit 2023 Report Pages
Number of trainees - Health and safety 82769 47

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

Indicator Unit 2023 Report Pages
Number of trainees - ESG related 195 47
Number of trainees - Job skills 30123 47
Number of trainees - Management skills 5035 47
Number of trainees - Others 749 47
Total number of trainees 119247 47

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

Indicator Unit 2022 2023 Report Pages
Average training hours per person per year hours 60.39 47
Average training hours per person per year - 30 to 50 years old hours 60.65 47
Average training hours per person per year - Above 50 years old hours 59.9 47
Average training hours per person per year - Below 30 years old hours 59.97 47
Average training hours per person per year - Female hours 58.14 47
Average training hours per person per year - Junior management hours 61.1 47
Average training hours per person per year - Male hours 61.05 47
Average training hours per person per year - Middle management hours 60.05 47
Average training hours per person per year - Ordinary employees hours 60.31 47
Average training hours per person per year - Senior management hours 61.57 47
Total training hours hours 151225.08 47
Total work hours Hours 5754730 6283108 43
Training hours - ESG related hours 330 47
Training hours - Health and safety hours 83571.58 47
Training hours - Job skills hours 60644.5 47
Training hours - Management skills hours 5491.5 47
Training hours - Others hours 811.5 47

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

Indicator Unit 2015 2022 2023 Report Pages
Annualised Average Milk Yield per Milkable Cow Tons/Head/Year 11.6 13.3 13.6 9
Annualised average milk yield per milkable cow tons 13.6 3, 4
Annualised average milk yield per milkable cow (AMY) - best performing farm tons exceeding 14 9
Revenue - Ancillary business (CNY Million) - All was generated in China CNY Million 112 220.8 9
Revenue - Beef cattle business (CNY Million) - All was generated in China CNY Million 376.4 362 9
Revenue - Raw milk business (CNY Million) - All was generated in China CNY Million 3314.5 3341.6 9
Somatic Cell Count (Cell/mL) - AustAsia's performance Cell/mL 131331 115047 27
Somatic cell count (Cell/mL) Cell/mL 131331 115047 15

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

Indicator Unit 2023 Report Pages
Authorised Chinese font 1 51
Trademarks registered in China 52 51
Trademarks registered outside China 16 51

Description of quality assurance process and recall procedures.

Indicator Unit 2022 2023 Report Pages
Certification in quality management system for dairy farms and feed mills (except for newly built production unit) 100% 100% 15

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

Indicator Unit 2023 Report Pages
Number of trainees - Anti-corruption 376 47
Training hours - Anti-corruption hours 376 47

The types of emissions and respective emissions data.

Standard Indicator Unit 2022 2023
Airborne Particulate Matter (PM) Emissions Ton 24.49 25.54
NOₓ Emissions Ton 232.98 243.45
SOₓ Emissions Ton 181.2 89.42

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) tCO2e 664849.67 737003.25
GHG Emissions from Purchased Electricity tCO2e 76594.2 90832.1
HFC Emissions tCO2e 10644.66 4713.98
Indirect Energy Emissions (Scope 2) tCO2e 76594.2 90832.1
Total GHG Emissions tCO2e 741443.87 827835.35
Total GHG Emissions Intensity (By Product Weight) tCO2e/ton 6.17 6.24
Total GHG Emissions Intensity (By Unit Product) tCO2e/ton FPCM 0.89 0.84

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

Standard Indicator Unit 2022 2023
Total Hazardous Waste Ton 91.02 105.84
Total Hazardous Waste Intensity (By Product Weight) Ton/ton'000 0.91 0.78

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
Non-Hazardous Waste Disposed Ton 532.12 564.36
Non-Hazardous Waste Recycled Ton 1015.34 852.03
Total Non-Hazardous Waste Disposed Ton 1547.46 1416.39
Total Non-Hazardous Waste Intensity (By Batch Product) Ton/ton'000 1.84 1.31
Total Non-Hazardous Waste Intensity (By Product Weight) Ton/ton'000 13.4 8.83

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

Standard Indicator Unit 2025 2030 2035
Scope 1 and 2 Emissions Reduction Percentage Compared to Last Year % 10 28 40

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

Standard Indicator Unit 2023
Hazardous Waste Intensity Reduction Percentage Compared to Last Year % 27.36

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
Biomass Energy GJ 171434.68 237411.09
Diesel Fuel Consumption GJ 249001.38 272104.16
Energy Consumption Intensity (By Product Weight) GJ/ton 3.34 2.98
Fossil Fuel Consumption GJ 95920.76 91064.37
Gasoline Consumption GJ 3984.76 3789.93
Natural Gas Consumption GJ None 25308.5
Purchased Electricity GJ 483767.04 573693.3
Total Energy Consumption GJ 1005397.62 1203706.29

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

Standard Indicator Unit 2022 2023
Groundwater Withdrawal 2503611.19 2651101.43
Surface Water Withdrawal 3031629.54 2756066
Total Water Withdrawal 6591456.26 7389766.2
Water Withdrawal Intensity m³/ton 8.41 30.15

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

Standard Indicator Unit 2022 2023
Packaging Materials Consumed Ton 969.58 1798.52

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

Standard Indicator Unit 2023
Number of Bachelor's Degree Employees 803
Number of Below Junior College Employees 1293
Number of Employees Aged 30-50 persons 1304
Number of Employees Aged Above 50 persons 302
Number of Employees Aged Below 30 persons 654
Number of Employees in Mainland China 2604
Number of Employees in Overseas 16
Number of Female Employees persons 571
Number of General Employees 2189
Number of Junior Management Employees 307
Number of Male Employees persons 2049
Number of Master's Degree Employees 28
Number of Middle Management Employees 116
Number of New Employees 1402
Number of New Employees (Above 50) 74
Number of New Employees (Aged 30-50) 812
Number of New Employees (Aged Below 30) 516
Number of New Employees (Female) 300
Number of New Employees (General Employees) 1391
Number of New Employees (Junior Management) 11
Number of New Employees (Mainland China) 1401
Number of New Employees (Male) 1102
Number of New Employees (Middle Management) 3
Number of New Employees (Senior Management) 3
Number of Senior Management Employees 8
Number of Total Employees persons 2260
Percentage of Employees Aged 30-50 percent 63.51
Percentage of Employees Aged Above 50 percent 11.53
Percentage of Employees Aged Below 30 percent 24.96
Percentage of Female Employees percent 21.79
Percentage of Male Employees percent 78.21

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

Standard Indicator Unit 2022 2023
Turnover Rate of Employees Aged 30-50 % 11.18
Turnover Rate of Employees Aged Above 50 % 2.6
Turnover Rate of Employees Aged Below 30 % 9.1
Turnover Rate of Female Employees % 5.91
Turnover Rate of General Employees % 22.04
Turnover Rate of Junior Management Employees % 0.72
Turnover Rate of Male Employees % 16.97
Turnover Rate of Middle Management Employees % 0.12
Turnover Rate of Total Employees % 22.23 22.88

Lost days due to work injury.

Standard Indicator Unit 2022 2023
Lost Days Due to Work-related Injuries Day 1526 1142

Description of occupational health and safety measures adopted, and how they are implemented and monitored.

Standard Indicator Unit 2023
Number of People Receiving Training on Work Safety 82769

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

Standard Indicator Unit 2023
Percentage of Employees Trained % 100

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

Standard Indicator Unit 2023
Average Training Hours (Employees Aged 30-50) hours 60.65
Average Training Hours (Employees Over 50) hours 59.9
Average Training Hours (Employees Under 30) hours 59.97
Average Training Hours (Female) hours 58.14
Average Training Hours (General Staff) hours 60.31
Average Training Hours (Male) hours 61.05
Average Training Hours (Middle Management) hours 60.05
Average Training Hours (Senior Management) hours 61.57
Average Training Hours per Employee hours 60.39
Total Training Hours hours 151225.08
Training Hours of ESG hours 330
Training Hours of Professional Skills Development hours 60644.5

Description of practices used to identify environmental and social risks along the supply chain, and how they are implemented and monitored.

Standard Indicator Unit
Number of Suppliers Participated in Sustainability Risk Assessment

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

Standard Indicator Unit
Number of Recalled Products for Safety and Health Reasons count

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

Standard Indicator Unit 2023
Number of Intellectual Property Rights Obtained by the Company 69
Number of Trademark Registrations 68

Description of quality assurance process and recall procedures.

Standard Indicator Unit 2022 2023
Passing Rate of Third-party Accreditation Performed under the Quality Management System % 100 100

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

Standard Indicator Unit 2023
Number of People Participated in Ethical Standards and Anti-corruption Training 376
Total Hours of Anti-corruption Training hours 376