2024 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT

Year: 2024
Published: 2025-04-25
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2023 2024 Report Pages
Chemical oxygen demand (COD) Tonnes 1.05 0.95 23
Nitrogen oxides (NOx) Tonnes 2.84 0.89 23
Particulates Tonnes 2.46 4.3 23
Sulphur oxides (SOx) Tonnes 1.07 0.22 23
Volatile organic compounds (VOC) Tonnes 9.86 11.53 23

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 2023 2023 and 2024 comparison 2024 Report Pages
Greenhouse gas emission intensity Scope 1 (per tonne of products) % -15 4
Greenhouse gas emission intensity Scope 2 (per tonne of products) % -26 4
Greenhouse gases – Scope 1 Tonnes of carbon dioxide equivalent 1269 980 23
Greenhouse gases – Scope 1 and 2 intensity Tonnes of carbon dioxide equivalent/tonne of products 0.138 0.104 23
Greenhouse gases – Scope 1 intensity Tonnes of carbon dioxide equivalent/tonne of products 0.015 0.012 23
Greenhouse gases – Scope 2 Tonnes of carbon dioxide equivalent 10712 7164 23
Greenhouse gases – Scope 2 intensity Tonnes of carbon dioxide equivalent/tonne of products 0.124 0.091 23
Scope 1 greenhouse gas emissions change compared to 2023 decrease -23% 14
Scope 2 greenhouse gas emissions change compared to 2023 decrease -33% 14

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

Indicator Unit 2023 2024 Report Pages
Hazardous waste Tonnes 1329 1488 23
Hazardous waste intensity Tonnes/tonne of products 0.015 0.019 23

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

Indicator Unit 2023 2024 Report Pages
Iron barrels used Tonnes 5073 5150 24
Non-hazardous waste Tonnes 605 497 23
Non-hazardous waste intensity Tonnes/tonne of products 0.00698 0.00633 23
Plastic films used Tonnes 22 14 24

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

Indicator Unit 2024 2025 Report Pages
Chinese State Council national target for VOC emission reduction by 2025 compared to 2020 level % 10 22
VOC emission change compared to 2022 decrease -41% 14
VOC emission change compared to 2023 increase 17% 14

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 2023 2024 Report Pages
Diesel consumption Litres 47467 36658 24
Electricity consumption Kilowatt hour 13843918 14635768 24
Electricity consumption intensity per total production volume at Shanghai coatings plant and Zhongshan inks plant (reduction compared to 2022 baseline) % -5.6 20
Natural gas consumption 246211 323477 24
Petrol consumption Litres 32117 30856 24
Total energy consumption Gigajoules, Megawatt hours 17326 18825 24
Total energy consumption intensity Gigajoules/tonne of products, Megawatt hours/tonne of products 0.2 0.24 24

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

Indicator Unit 2023 2024 2025 Report Pages
Total water discharge Tonnes 42372 39593 23
Total water discharge intensity Tonnes/tonne of products 0.49 0.5 23
Water consumption Tonnes 94758 82868 24
Water consumption intensity Tonnes/tonne of products 1.09 1.06 24
Water consumption intensity per total production volume at Shanghai coatings plant and Zhongshan inks plant (reduction compared to 2022 baseline) % -7.7 -8 20
Water discharge from living zone Tonnes 40442 38031 23
Water discharge from production Tonnes 1930 1292 23

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

Indicator Unit 2023 2024 Report Pages
Paper cartons used Tonnes 223 213 24
Plastic barrels used Tonnes 445 287 24
Total packaging materials intensity Tonnes/tonne of products 0.066 0.072 24
Total packaging materials used Tonnes 5763 5664 24

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

Indicator Unit 2024 Report Pages
Number of contract employees employees 28 37
Number of employees aged 21–30 employees 228 37
Number of employees aged 31–40 employees 843 37
Number of employees aged 41–50 employees 835 37
Number of employees aged 51–60 employees 265 37
Number of employees aged ≤20 employees 3 37
Number of employees aged ≥61 employees 15 37
Number of employees in Chinese Mainland employees 2122 37
Number of employees in Hong Kong employees 59 37
Number of employees in Other Region employees 8 37
Number of female employees employees 464 37
Number of long-term employees employees 2161 37
Number of male employees employees 1725 37
Total number of employees (including executive directors) employees 2189 37

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

Indicator Unit 2024 Report Pages
Employee turnover rate - Age group 21–30 % 40.35 38
Employee turnover rate - Age group 31–40 % 18.74 38
Employee turnover rate - Age group 41–50 % 7.9 38
Employee turnover rate - Age group 51–60 % 5.28 38
Employee turnover rate - Age group ≤20 % 66.67 38
Employee turnover rate - Age group ≥61 % 6.67 38
Employee turnover rate - Chinese Mainland % 15.36 38
Employee turnover rate - Female % 10.78 38
Employee turnover rate - Hong Kong % 11.86 38
Employee turnover rate - Male % 16.41 38
Overall employee turnover rate % 15.21 38

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

Indicator Unit 2024 Report Pages
Percentage of Employees Trained 86% 35
Percentage of Employees Trained - Female % 90 36
Percentage of Employees Trained - General Grade % 93 36
Percentage of Employees Trained - Male % 85 36
Percentage of Employees Trained - Middle Management % 82 36
Percentage of Employees Trained - Officer Grade % 78 36
Percentage of Employees Trained - Senior Management % 82 36
Proportion of Employees Trained - Female % 22 36
Proportion of Employees Trained - General Grade % 56 36
Proportion of Employees Trained - Male % 78 36
Proportion of Employees Trained - Middle Management % 6 36
Proportion of Employees Trained - Officer Grade % 37 36
Proportion of Employees Trained - Senior Management % 1 36

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

Indicator Unit 2024 Report Pages
Average Training Hours per Employee hours 33 35
Average Training Hours per Employee - Female hours 27 36
Average Training Hours per Employee - General Grade hours 41 36
Average Training Hours per Employee - Male hours 35 36
Average Training Hours per Employee - Middle Management hours 24 36
Average Training Hours per Employee - Officer Grade hours 26 36
Average Training Hours per Employee - Senior Management hours 16 36
Total Training Hours hours 72945 35

The types of emissions and respective emissions data.

Standard Indicator Unit 2023 2024
Airborne Particulate Matter (PM) Emissions Tonnes 2.46 4.3
NOₓ Emissions Tonnes 2.84 0.89
SOₓ Emissions Tonnes 1.07 0.22

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 2023 2024
Direct GHG Emissions (Scope 1) Tonnes of carbon dioxide equivalent 1269 980
Indirect Energy Emissions (Scope 2) Tonnes of carbon dioxide equivalent 10712 7164
Scope 1 GHG Emissions Intensity (By Product Volume) Tonnes of carbon dioxide equivalent/tonne of products 0.015 0.012
Scope 2 GHG Emissions Intensity (By Product Volume) Tonnes of carbon dioxide equivalent/tonne of products 0.124 0.091
Total GHG Emissions Tonnes of carbon dioxide equivalent 11981 8144
Total GHG Emissions Intensity (By Product Volume) Tonnes of carbon dioxide equivalent/tonne of products 0.138 0.104

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

Standard Indicator Unit 2023 2024
Total Hazardous Waste Tonnes 1329 1488
Total Hazardous Waste Intensity (By Unit Product) Tonnes/tonne of products 0.015 0.019

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

Standard Indicator Unit 2023 2024
Total Non-Hazardous Waste Intensity (By Unit Product) Tonnes/tonne of products 0.00698 0.00633

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 2023 2024
Diesel Fuel Consumption Litres 47467 36658
Energy Consumption Intensity (By Unit Product) Gigajoules/tonne of products 0.2 0.24
Gasoline Consumption Litres 32117 30856
Natural Gas Consumption 246211 323477
Purchased Electricity Kilowatt hour 13843918 14635768
Total Energy Consumption Megawatt hours 17326 18825

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

Standard Indicator Unit 2023 2024
Discharge of Domestic Wastewater Tonnes 40442 38031
Discharge of Industrial Wastewater Tonnes 1930 1292
Total Wastewater Discharge Tonnes 42372 39593
Water Consumption Tonnes 94758 82868

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

Standard Indicator Unit
Energy Consumption Reduction Percentage Compared to Last Year %

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
Water Consumption Reduction Percentage Compared to Last Year %

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

Standard Indicator Unit 2023 2024
Packaging Material Consumption (Paper) Tonnes 223 213
Packaging Material Consumption (Plastic) Tonnes 445 287
Packaging Material Intensity (By Product Weight) Tonnes/tonne of products 0.066 0.072
Packaging Materials Consumed Tonnes 5763 5664

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

Standard Indicator Unit 2024
Number of Contractors employees 28
Number of Employees Aged 30-50 employees 1678
Number of Employees Aged Above 50 employees 280
Number of Employees Aged Below 30 employees 231
Number of Employees in Hong Kong employees 59
Number of Employees in Hong Kong and Mainland China employees 2181
Number of Employees in Mainland China employees 2122
Number of Female Employees employees 464
Number of Male Employees employees 1725
Number of Total Employees employees 2189
Percentage of Employees Aged 30-50 percent 76.6
Percentage of Employees Aged Above 50 percent 12.8
Percentage of Employees Aged Below 30 percent 10.6
Percentage of Employees in Hong Kong percent 2.7
Percentage of Employees in Hong Kong and Mainland China percent 99.6
Percentage of Employees in Mainland China percent 96.9
Percentage of Female Employees percent 21.2
Percentage of Male Employees percent 78.8

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

Standard Indicator Unit 2024
Turnover Rate of Employees Aged 30-50 % 26.64
Turnover Rate of Employees Aged Above 50 % 5.98
Turnover Rate of Employees Aged Below 30 % 53.51
Turnover Rate of Employees in Hong Kong % 11.86
Turnover Rate of Employees in Mainland China % 15.36
Turnover Rate of Female Employees % 10.78
Turnover Rate of Male Employees % 16.41
Turnover Rate of Total Employees % 15.21

Lost days due to work injury.

Standard Indicator Unit
Lost Days Due to Work-related Injuries days

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

Standard Indicator Unit
Total Hours of Safety Training for Employees hours

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

Standard Indicator Unit 2024
Percentage of Employees Trained % 86
Percentage of Trained Female Employees % 90
Percentage of Trained General Employees % 93
Percentage of Trained Male Employees % 85
Percentage of Trained Middle Management % 82
Percentage of Trained Operational Employees % 78
Percentage of Trained Senior Management % 82

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

Standard Indicator Unit 2024
Average Training Hours (Female) hours 27
Average Training Hours (General Staff) hours 41
Average Training Hours (Male) hours 35
Average Training Hours (Middle Management) hours 24
Average Training Hours (Senior Management) hours 16
Average Training Hours per Employee hours 33
Total Training Hours hours 72945

Number of suppliers by geographical region.

Standard Indicator Unit
Proportion of Spending on Local Suppliers %