ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2024
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 | 2024 | 2025 | Report Pages |
|---|---|---|---|---|---|---|
| GHG emissions (Scope 1+2) | tCO2e | 13216 | 8 | |||
| GHG emissions (Scope 3) | tCO2e | 131264 | 8 | |||
| GHG emissions per RMB million sales | tCO2e/RMB million sales | 59.8 | 52.7 | 57 | 33 | |
| Mandatory disclosure of Scope 1 and Scope 2 GHG emissions for Main Board issuers (Hong Kong Stock Exchange requirement) | Scope 1 and Scope 2 GHG emissions | mandatory | 48 | |||
| Scope 1: direct emissions | tCO2e | 100833 | 68121 | 72896 | 33 | |
| Scope 2: energy indirect emissions | tCO2e | 1322323 | 1130299 | 1239765 | 33 | |
| Scope 3 GHG emissions calculation started | Yes | 76 | ||||
| Total GHG emissions | tCO2e | 1423156 | 1198421 | 1312661 | 33 |
Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2022 | 2023 | 2024 | Report Pages |
|---|---|---|---|---|---|
| Hazardous waste discharge | Tonnes | 3684 | 4273 | 3443 | 61 |
| Hazardous waste discharge per RMB million sales | Tonnes/ RMB million sales | 0.2 | 0.2 | 0.1 | 61 |
| Total wastewater discharge | Tonnes | 7354598 | 5954604 | 6816792 | 56 |
Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2022 | 2023 | 2024 | Report Pages |
|---|---|---|---|---|---|
| Decrease in landfill waste | % | 20 | 8 | ||
| Non-hazardous waste discharge | Tonnes | 24840 | 17827 | 21622 | 61 |
| Non-hazardous waste discharge per RMB million sales | Tonnes/ RMB million sales | 1 | 0.8 | 0.9 | 61 |
| Wastewater discharge per RMB million sales | Tonnes/ RMB million sales | 308.9 | 262 | 296 | 56 |
Description of emissions target(s) set and steps taken to achieve them.
| Indicator | Unit | 2024 | 2025 | 2030 | 2040 | Report Pages |
|---|---|---|---|---|---|---|
| Brand carbon reduction target for garment fabric subsidiary (international brands) | percent carbon reduction | 40 | 48 | |||
| Brand net zero emissions target for three other subsidiaries (international brands) | emissions | net zero | 48 | |||
| Decarbonization | tonnes | 3760 | 8 | |||
| GHG emission intensity reduction target (Group, 2025 vs 2020) | % | -5 | 32 | |||
| GHG emission reduction target (Scope 1 and Scope 2) | % | 33.6 | 76 | |||
| Group's emission intensity of hazardous waste reduction target compared to 2020 | % | -5 | 28 | |||
| Group's greenhouse gas (GHG) emission intensity reduction target compared to 2020 | % | -5 | 28 | |||
| Hazardous waste emission intensity reduction target (compared to 2020) | % | -5 | 60 |
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 | 2024 | Report Pages |
|---|---|---|---|---|---|
| Decrease in natural gas consumption per unit | % | 26.9 | 8 | ||
| Decrease in on-site diesel consumption per unit | % | 23 | 8 | ||
| Direct energy consumption | MWh | 425042 | 276261 | 290704 | 64 |
| Energy consumption per RMB million sales | MWh/RMB million sales | 108.3 | 103.9 | 114.9 | 64 |
| Indirect energy consumption | MWh | 2153324 | 2084652 | 2355420 | 64 |
| Newly installed photovoltaic systems | systems | 8 | 8 | ||
| Photovoltaic project under construction | project | 1 | 8 | ||
| Total PV installed capacity | MW | 7.2 | 8 | ||
| Total energy consumption | MWh | 2578566 | 2360914 | 2646123 | 64 |
Water consumption in total and intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2022 | 2023 | 2024 | Report Pages |
|---|---|---|---|---|---|
| Reduction in fresh water usage after condensate water recycling project, Southern Vietnam subsidiary | % | 21 | 66 | ||
| Total water consumption | Tonnes | 9050271 | 7458298 | 8185395 | 67 |
| Wastewater discharge intensity | tonnes/million RMB output value | 70.6 | 8 | ||
| Water consumption | tonnes | 818155 | 8 | ||
| Water consumption intensity | tonnes/million RMB output value | 355.4 | 8 | ||
| Water consumption per RMB million sales | Tonnes/ RMB million sales | 380.2 | 328.2 | 355.4 | 67 |
Description of energy use efficiency target(s) set and steps taken to achieve them.
| Indicator | Unit | 2024 | 2030 | Report Pages |
|---|---|---|---|---|
| Brand energy consumption reduction target for three other subsidiaries (international brands) | percent carbon reduction | 56 | 48 | |
| Hot air supply saved after condensate water recycling project, Southern Vietnam subsidiary | % | 8–10 | 66 |
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 | 2024 | 2025 | 2030 | Report Pages |
|---|---|---|---|---|---|
| Annual water usage reduction after water supply pipeline renovation, Xuzhou subsidiary | tonnes | 180000 | 66 | ||
| Brand increased water reuse target for garment fabric subsidiary (international brands) | water reuse | increased | 48 | ||
| Drinking water testing achievement | 100% | 8 | |||
| Estimated annual water cost savings after water supply pipeline renovation, Xuzhou subsidiary | RMB | 324000 | 66 | ||
| Group's wastewater discharge intensity reduction target compared to 2020 | % | -10 | 28 | ||
| Group's water consumption intensity reduction target compared to 2020 | % | -10 | 28 | ||
| Water saved annually after fire-fighting pipeline renovation, Northern Vietnam subsidiary | tonnes | 21600 | 66 |
Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Full value chain biodiversity evaluation | evaluation | 1 | 8 |
| GRS Certification rate | % | 80 | 8 |
| No environmental violations | 100% | 8 | |
| Regenerative cotton certification | project | 1 | 8 |
| Sustainable cotton ratio | % | 80 | 8 |
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 | 2023 | Report Pages |
|---|---|---|---|
| CDP climate change questionnaire rating for GHG emissions disclosure | B | 76 |
Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| 6 Board Members | persons | 6 | 8 |
| Fair pay | 100% | 8 | |
| Female Directors | % | 16.7 | 8 |
| Independent Directors | % | 50 | 8 |
| Number of employees by age: 30–50 | 11391 | 82 | |
| Number of employees by age: <30 | 5841 | 82 | |
| Number of employees by age: >50 | 1493 | 82 | |
| Number of employees by employment type: Full-time | 18723 | 82 | |
| Number of employees by employment type: Part-time | 2 | 82 | |
| Number of employees by gender: Female | 8516 | 82 | |
| Number of employees by gender: Male | 10209 | 82 | |
| Number of employees by geographical region: Domestic (Mainland China) | 9106 | 82 | |
| Number of employees by geographical region: Foreign (Overseas) | 9619 | 82 | |
| Number of new employees | persons | 1427 | 8 |
| Percentage of female employees | % | 42.4 | 8 |
| Percentage of female in ESG Board | % | 33.3 | 8 |
| Subsidiaries with collective bargaining contracts | subsidiaries | 5 | 8 |
| Total number of employees | persons | 11877 | 8 |
Employee turnover rate by gender, age group and geographical region.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Employee turnover rate by age: 30–50 | % | 1.7 | 82 |
| Employee turnover rate by age: <30 | % | 2.9 | 82 |
| Employee turnover rate by age: >50 | % | 0.99 | 82 |
| Employee turnover rate by gender: Female | % | 1.6 | 82 |
| Employee turnover rate by gender: Male | % | 2.61 | 82 |
| Employee turnover rate by geographical region: Domestic | % | 2.62 | 82 |
| Employee turnover rate by geographical region: Foreign | % | 1.61 | 82 |
| Resignation rate | % | 6.4 | 8 |
Lost days due to work injury.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Change in lost workdays due to work-related injuries compared to previous year | % | -22.3 | 97 |
| Total number of lost workdays due to work-related injuries | days | 5786 | 97 |
The percentage of employees trained by gender and employee category (e.g. senior management, middle management).
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Percentage of Entry-level/office clerk employees trained | 100% | 91 | |
| Percentage of Front-line employees and others trained | 100% | 91 | |
| Percentage of Senior/Mid-level management employees trained | 100% | 91 | |
| Percentage of female employees trained | 100% | 91 | |
| Percentage of male employees trained | 100% | 91 |
The average training hours completed per employee by gender and employee category.
| Indicator | Unit | 2023 | 2024 | Report Pages |
|---|---|---|---|---|
| Average training hours for Entry-level/office clerk | hours | 56.25 | 91 | |
| Average training hours for Front-line employees and others | hours | 63.63 | 91 | |
| Average training hours for Senior/Mid-level management | hours | 37.15 | 91 | |
| Average training hours for female employees | hours | 67.11 | 91 | |
| Average training hours for male employees | hours | 57.95 | 91 | |
| Total training hours for employees of the Group | hours | 891332 | 2328207 | 91 |
Description of measures to review employment practices to avoid child and forced labour.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| No child labour | 100% | 8 | |
| No forced labour | 100% | 8 |
Number of suppliers by geographical region.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Qualified suppliers | 100% | 8 | |
| World largest U.S. cotton buyer | tonnes/year | 53000 | 8 |
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 | 2024 | Report Pages |
|---|---|---|---|
| Industry standards | standards | 25 | 8 |
| RCS Certification rate | % | 52.6 | 8 |
| Signing business conduct guidelines - suppliers | 100% | 8 |
Description of practices used to identify environmental and social risks along the supply chain, and how they are implemented and monitored.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Cotton traceability | 100% | 8 | |
| Supply chain traceability | 100% | 8 | |
| Traceability | 100% | 8 | |
| Verification rate of recycled content in products | % | 33.3 | 8 |
Number of products and service related complaints received and how they are dealt with.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Closure rate of staff complaints | 100% | 8 |
Description of practices relating to observing and protecting intellectual property rights.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Intellectual property rights training coverage | % | 99.2 | 8 |
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 | 2024 | Report Pages |
|---|---|---|---|
| No corruption complaints | 100% | 8 |
Description of preventive measures and whistle-blowing procedures, and how they are implemented and monitored.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| ESG Related Board Meeting | meeting | 1 | 8 |
Focus areas of contribution (e.g. education, environmental concerns, labour needs, health, culture, sport).
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Community engagement - subsidiaries participating | subsidiaries | 11 | 8 |
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 | 2024 |
|---|---|---|---|---|
| Direct GHG Emissions (Scope 1) | tCO2e | 100833 | 68121 | 72896 |
| Indirect Energy Emissions (Scope 2) | tCO2e | 1322323 | 1130299 | 1239765 |
| Total GHG Emissions | tCO2e | 1423156 | 1198421 | 1312661 |
| Total GHG Emissions Intensity (By Revenue) | tCO2e/RMB million sales | 59.8 | 52.7 | 57 |
| Total Other Indirect Energy Emissions (Scope 3) | tCO2e | 131264 |
Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total Hazardous Waste | Tonnes | 3684 | 4273 | 3443 |
| Total Hazardous Waste Intensity (By Revenue) | Tonnes/ RMB million sales | 0.2 | 0.2 | 0.1 |
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 | 2024 |
|---|---|---|---|---|
| Total Non-Hazardous Waste Intensity (By Revenue) | Tonnes/ RMB million sales | 1 | 0.8 | 0.9 |
Description of emissions target(s) set and steps taken to achieve them.
| Standard Indicator | Unit | 2025 | 2030 |
|---|---|---|---|
| Percentage of Reduction in GHG Intensity Compared to Last Year | % | -5 | |
| Target Reduction in GHG Intensity Percentage by 2030 Compared to 2020 | % | -5 | |
| Target Scope 1 and 2 Emissions Reduction Percentage by 2030 Compared to 2020 | % | 33.6 |
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 | 2024 |
|---|---|---|---|---|
| Energy Consumption Intensity (By Revenue) | MWh/RMB million sales | 108.3 | 103.9 | 114.9 |
| Total Direct Energy Consumption | MWh | 425042 | 276261 | 290704 |
| Total Energy Consumption | MWh | 2578566 | 2360914 | 2646123 |
| Total Indirect Energy Consumption | MWh | 2153324 | 2084652 | 2355420 |
Water consumption in total and intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Wastewater Discharge Intensity | tonnes/million RMB output value | 70.6 | ||
| Water Consumption | tonnes | 9050271 | 7458298 | 8185395 |
| Water Consumption Intensity (By Revenue) | tonnes/RMB million sales | 380.2 | 328.2 | 355.4 |
Description of energy use efficiency target(s) set and steps taken to achieve them.
| Standard Indicator | Unit | 2024 | 2030 |
|---|---|---|---|
| Energy Consumption Reduction Percentage Compared to Last Year | % | 8–10 | |
| Number of Energy-saving and Carbon Reduction Demonstration Projects Achieved | |||
| Target Energy Consumption Reduction Percentage by 2030 Compared to 2021 | percent carbon reduction | 56 |
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.
| Standard Indicator | Unit | 2024 | 2025 |
|---|---|---|---|
| Target Water Consumption Reduction Percentage Compared to Last Year | % | -10 | |
| Wastewater Reduction Percentage Compared to Last Year | % | -10 | |
| Water Consumption Reduction Compared to Last Year | tonnes | 201600 |
Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Number of Employees Aged 30-50 | 11391 | |
| Number of Employees Aged Above 50 | 1493 | |
| Number of Employees Aged Below 30 | 5841 | |
| Number of Employees in Mainland China | 9106 | |
| Number of Employees in Overseas | 9619 | |
| Number of Female Employees | 8516 | |
| Number of Full-time Employees | 18723 | |
| Number of Male Employees | 10209 | |
| Number of New Employees | persons | 1427 |
| Number of Part-time Employees | 2 | |
| Number of Total Employees | persons | 11877 |
| Percentage of Female Employees | % | 42.4 |
Employee turnover rate by gender, age group and geographical region.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Turnover Rate of Employees Aged 30-50 | % | 1.7 |
| Turnover Rate of Employees Aged Above 50 | % | 0.99 |
| Turnover Rate of Employees Aged Below 30 | % | 2.9 |
| Turnover Rate of Female Employees | % | 1.6 |
| Turnover Rate of Male Employees | % | 2.61 |
| Turnover Rate of Total Employees | % | 6.4 |
Lost days due to work injury.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Lost Days Due to Work-related Injuries | days | 5786 |
The percentage of employees trained by gender and employee category (e.g. senior management, middle management).
| Standard Indicator | Unit | 2024 |
|---|---|---|
| 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 |
The average training hours completed per employee by gender and employee category.
| Standard Indicator | Unit | 2023 | 2024 |
|---|---|---|---|
| Average Training Hours (Female) | hours | 67.11 | |
| Average Training Hours (Male) | hours | 57.95 | |
| Average Training Hours (Senior Management) | hours | 37.15 | |
| Total Training Hours | hours | 891332 | 2328207 |
Number of suppliers by geographical region.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Proportion of Spending on Local Suppliers | % | 100 |
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 | 2024 |
|---|---|---|
| Number of Suppliers Signing Social Responsibility Code | % | 100 |
Number of products and service related complaints received and how they are dealt with.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Complaints Handling Rate | % | 100 |