2024 Environmental, Social and Governance Report
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 | 2023 | 2024 | Report Pages |
|---|---|---|---|---|
| Emission factor for purchased electricity in the PRC | tCO2/MWh | 0.581 | 0.537 | 38 |
| GHG emissions from LPG combustion (Scope 1, stationary sources) | tCO2eq | 146 | 198 | 37 |
| GHG emissions from biomass combustion (Scope 1, stationary sources) | tCO2eq | 57810 | 55899 | 37 |
| GHG emissions from business air travel by employees (Scope 3) | tCO2eq | 112 | 324 | 37 |
| GHG emissions from coal combustion (Scope 1, stationary sources) | tCO2eq | 217776 | 351486 | 37 |
| GHG emissions from diesel combustion (Scope 1, mobile sources) | tCO2eq | 309 | 366 | 37 |
| GHG emissions from diesel combustion (Scope 1, stationary sources) | tCO2eq | 561 | 318 | 37 |
| GHG emissions from electricity used for processing fresh water by government/third parties (Scope 3) | tCO2eq | 4635 | 4368 | 37 |
| GHG emissions from electricity used for processing sewage by government/third parties (Scope 3) | tCO2eq | 1890 | 1899 | 37 |
| GHG emissions from fuel oil combustion (Scope 1, stationary sources) | tCO2eq | 18720 | 21634 | 37 |
| GHG emissions from natural gas combustion (Scope 1, stationary sources) | tCO2eq | 89956 | 89976 | 37 |
| GHG emissions from petrol combustion (Scope 1, mobile sources) | tCO2eq | 383 | 493 | 37 |
| GHG emissions from purchased electricity (Scope 2) | tCO2eq | 108880 | 129329 | 37 |
| GHG emissions from refrigerants (Scope 1) | tCO2eq | 1221 | 3640 | 37 |
| Total GHG emissions (Scope 1, 2, 3) | tCO2eq | 502536 | 659982 | 37 |
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 |
|---|---|---|---|---|
| GHG emissions from paper waste disposal (Scope 3) | tCO2eq | 136 | 52 | 37 |
| Waste management baseline (kg per tonne of production) | kg/tonne of production | 2.04 | 18 |
Description of emissions target(s) set and steps taken to achieve them.
| Indicator | Unit | 2024 | 2030 | Report Pages |
|---|---|---|---|---|
| Emissions intensity reduction target (tCO2e per tonne of production) | % | 18 | 41 | |
| GHG emission reduction baseline (CO2eq. per tonne of production) | CO2eq. per tonne of production | 0.49 | 18 |
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 | 2030 | Report Pages |
|---|---|---|---|
| Targeted reduction in non-hazardous waste intensity by 2030 (baseline year 2024) | 15% | 56 |
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 | 1969 | 2023 | 2024 | 2030 | Report Pages |
|---|---|---|---|---|---|---|
| Biomass consumption | t | 31467.94 | 44 | |||
| Biomass energy intensity (per m2) | kWh/m² | 136.87 | 147.29 | 44 | ||
| Biomass energy intensity (per tonne of production) | kWh/tonne | 121.53 | 96.72 | 44 | ||
| Coal consumption | t | 173772.71 | 44 | |||
| Coal energy intensity (per m2) | kWh/m² | 641.44 | 1152.13 | 44 | ||
| Coal energy intensity (per tonne of production) | kWh/tonne | 569.56 | 756.58 | 44 | ||
| Diesel consumption | L | 138426.12 | 44 | |||
| Diesel energy intensity (per m2) | kWh/m² | 3.34 | 1.68 | 44 | ||
| Diesel energy intensity (per tonne of production) | kWh/tonne | 2.97 | 1.1 | 44 | ||
| Electricity consumption | MWh | 231599.22 | 44 | |||
| Electricity energy intensity (per m2) | kWh/m² | 186.03 | 264.39 | 44 | ||
| Electricity energy intensity (per tonne of production) | kWh/tonne | 165.18 | 173.62 | 44 | ||
| Energy efficiency baseline (MWh per tonne of production) | MWh/tonne of production | 1.65 | 18 | |||
| Energy efficiency baseline (percentage of Group's energy profile from renewable energy sources) | % | 6 | 18 | |||
| Fuel oil consumption | L | 7836599 | 44 | |||
| Fuel oil energy intensity (per m2) | kWh/m² | 79.59 | 102.37 | 44 | ||
| Fuel oil energy intensity (per tonne of production) | kWh/tonne | 70.67 | 67.22 | 44 | ||
| LPG consumption | t | 62.66 | 44 | |||
| LPG energy intensity (per m2) | kWh/m² | 0.66 | 1 | 44 | ||
| LPG energy intensity (per tonne of production) | kWh/tonne | 0.59 | 0.65 | 44 | ||
| Monthly fabric processing volume at Fountain Set Group's Hong Kong factory | pounds per month | 150000 | 10 | |||
| Natural gas consumption | m³ | 47689284.38 | 44 | |||
| Natural gas energy intensity (per m2) | kWh/m² | 483.43 | 538.12 | 44 | ||
| Natural gas energy intensity (per tonne of production) | kWh/tonne | 429.27 | 353.38 | 44 | ||
| Overall energy intensity (per m2) | MWh/m² | 2.51 | 44 | |||
| Overall energy intensity (per tonne of production) | MWh/tonne | 1.65 | 44 | |||
| Petrol consumption | L | 184650.99 | 44 | |||
| Petrol energy intensity (per m2) | kWh/m² | 1.4 | 2 | 44 | ||
| Petrol energy intensity (per tonne of production) | kWh/tonne | 1.25 | 1.31 | 44 | ||
| Steam consumption | t | 342601 | 44 | |||
| Steam energy intensity (per m2) | kWh/m² | 237.18 | 305.24 | 44 | ||
| Steam energy intensity (per tonne of production) | kWh/tonne | 210.61 | 200.44 | 44 | ||
| Target reduction in energy consumption intensity (group level) | % | 15 | 47 | |||
| Target share of renewable energy in total energy consumption (group level) | % | 15 | 47 | |||
| Total energy consumption (all production sites) | MWh | 2202369.25 | 44 |
Water consumption in total and intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Water conservation baseline (m3 per tonne of production) | m3/tonne of production | 7.49 | 18 |
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 | 2030 | Report Pages |
|---|---|---|---|
| 5-year target for reduction in water consumption intensity (m3 per tonne of production) by 2030, using 2024 as baseline year | reduction | 18% | 51 |
Total packaging material used for finished products (in tonnes) and, if applicable, with reference to per unit produced.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Change in packaging material intensity compared to last reporting period | -62% | 57 | |
| Packaging material intensity | kg/tonne of production | 0.96 | 57 |
| Packaging material recycling rate | 64% | 57 | |
| Paper packaging material consumption | tonnes | 298 | 57 |
| Plastic packaging material consumption | tonnes | 980 | 57 |
| Total packaging material consumption | tonnes | 1278 | 57 |
Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.
| Indicator | Unit | 2021 to 2023 | 2024 | Report Pages |
|---|---|---|---|---|
| LCMP Gold Label certification for Shatin Lake Side (Low-Carbon Manufacturing Program) | LCMP Gold Label | 58 | ||
| Site area of property at Jiangyin Fuhui | square meters | 453988 | 11 |
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 | 2060 | 2100 | Report Pages |
|---|---|---|---|---|
| Global average temperature increase under Brown climate scenario by 2060 | °C | 2.4 | 64 | |
| Global average temperature increase under Brown climate scenario by 2100 | °C | 4.4 | 64 | |
| Global average temperature increase under Turquoise climate scenario by 2060 | °C | 1.7 | 64 | |
| Global average temperature increase under Turquoise climate scenario by 2100 | °C | 1.8 | 64 |
Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.
| Indicator | Unit | 2003 | 2024 | Report Pages |
|---|---|---|---|---|
| Number of board members | 11 | 13 | ||
| Number of employees | 20000 | 11 | ||
| Percentage of NEDs and INEDs on board | % | 55 | 13 | |
| Total Employees (Production Sites) | employees | 3219 | 67 | |
| Total Workforce by Age Group - 18-25 | % | 6 | 67 | |
| Total Workforce by Age Group - 26-35 | % | 12 | 67 | |
| Total Workforce by Age Group - 36-45 | % | 30 | 67 | |
| Total Workforce by Age Group - 46-55 | % | 32 | 67 | |
| Total Workforce by Age Group - 56 or above | % | 20 | 67 | |
| Total Workforce by Employment Category - Frontline and other staff | % | 94 | 67 | |
| Total Workforce by Employment Category - Middle management | % | 4 | 67 | |
| Total Workforce by Employment Category - Senior management | % | 2 | 67 | |
| Total Workforce by Gender - Female | % | 27 | 67 | |
| Total Workforce by Gender - Male | % | 73 | 67 | |
| Total Workforce by Geographical Region - Hong Kong | % | 44 | 67 | |
| Total Workforce by Geographical Region - Mainland China | % | 56 | 67 | |
| Total Workforce by Geographical Region - Sri Lanka | % | 1 | 67 |
Description of practices used to promote environmentally preferable products and services when selecting suppliers, and how they are implemented and monitored.
| Indicator | Unit | 2023 | Report Pages |
|---|---|---|---|
| Sustainable material sourcing progress (Ocean Lanka, % of total cotton from sustainable sources) | % | 17% | 18 |
Percentage of total products sold or shipped subject to recalls for safety and health reasons.
| Indicator | Unit | 2003 | Report Pages |
|---|---|---|---|
| Sales in the financial year ended August | billion HKD | 5.5 | 11 |
| Sales in the financial year ended August (USD equivalent) | million USD | 705 | 11 |
Resources contributed (e.g. money or time) to the focus area.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| Aggregate compensation for resumption of property at Jiangyin Fuhui | RMB | 259000000 | 11 |
| Aggregate compensation for resumption of property at Jiangyin Fuhui (HKD equivalent) | HKD | 284000000 | 11 |
| Number of colleagues attending 55th Anniversary New Year Buffet Employee Event (Hong Kong headquarters) | persons | 120 | 72 |
The types of emissions and respective emissions data.
| Standard Indicator | Unit |
|---|---|
| Airborne Particulate Matter (PM) Emissions | tonne |
| NOₓ Emissions | tonne |
| SOₓ Emissions | tonne |
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 |
|---|---|---|---|
| GHG Emissions from Natural Gas | tCO2eq | 89956 | 89976 |
| GHG Emissions from Purchased Electricity | tCO2eq | 108880 | 129329 |
| HFC Emissions | tCO2eq | 1221 | 3640 |
| Mobile Combustion Emissions | tCO2eq | 692 | 859 |
| Scope 3 GHG Emissions (Business Travel) | tCO2eq | 112 | 324 |
| Stationary Combustion Emissions | tCO2eq | 386969 | 429633 |
| Total GHG Emissions | tCO2eq | 502536 | 659982 |
| Total GHG Emissions Intensity (By Area) | tCO2e/m² | ||
| Total GHG Emissions Intensity (By Product Weight) | tCO2e per tonne of production | ||
| Total Other Indirect Energy Emissions (Scope 3) | tCO2eq | 6525 | 6267 |
Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit |
|---|---|
| Total Hazardous Waste | tonnes |
| Total Hazardous Waste Intensity (By Area) | kg/m² |
| Total Hazardous Waste Intensity (By Product Weight) | kg/tonne |
Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit |
|---|---|
| Paper Waste | tonnes |
| Plastic Waste | tonnes |
| Recycling Rate of Non-Hazardous Waste | % |
| Total Non-Hazardous Waste Intensity (By Area) | kg/m² |
| Total Non-Hazardous Waste Intensity (By Product Weight) | kg/tonne |
Description of emissions target(s) set and steps taken to achieve them.
| Standard Indicator | Unit |
|---|---|
| GHG Emissions Reduction Compared to Last Year | CO2eq |
| NOx Emissions Reduction Compared to Last Year | tonnes |
| PM Emissions Reduction Compared to Last Year | tonnes |
| SO2 Emissions Reduction Compared to Last Year | tonnes |
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 | 2030 |
|---|---|---|
| Non-Hazardous Waste Intensity Reduction Percentage Compared to Last Year | % | 15 |
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 | 2030 |
|---|---|---|---|---|
| Biomass Energy | t | 31467.94 | ||
| Coal Consumption | t | 173772.71 | ||
| Comprehensive Energy Consumption Intensity (By Area) | MWh/m² | 2.51 | ||
| Comprehensive Energy Consumption Intensity (By Unit Product) | MWh/tonne | 1.65 | ||
| Diesel Fuel Consumption | L | 138426.12 | ||
| Energy Consumption Intensity (By Area) | MWh/m² | 1769.94 | 2.51 | |
| Energy Consumption Intensity (By Unit Product) | kWh/tonne | 1571.6299999999999 | 1.65 | |
| Fossil Fuel Consumption | t/L/m³ | 56022733.2 | ||
| Gasoline Consumption | L | 184650.99 | ||
| Heating Oil Consumption | L | 7836599 | ||
| LPG Consumption | t | 62.66 | ||
| Natural Gas Consumption | m³ | 47689284.38 | ||
| Percentage of Renewable Energy Consumption | % | 6 | 6 | 15 |
| Purchased Electricity | MWh | 231599.22 | ||
| Purchased Steam | t | 342601 | ||
| Renewable Energy Consumption | t | 31467.94 | ||
| Total Electricity Consumption Intensity (By Area) | kWh/m² | 264.39 | ||
| Total Electricity Consumption Intensity (By Unit Product) | kWh/tonne | 173.62 | ||
| Total Energy Consumption | MWh | 2202369.25 | ||
| Total Indirect Energy Consumption | MWh | 231599.22 |
Water consumption in total and intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Surface Water Consumption | m3 | 9996090.73 |
| Wastewater Discharge Intensity | m³/tonne | 6.57 |
| Water Consumption Intensity (By Revenue) | m3/tonne of production | 11.41 |
Description of energy use efficiency target(s) set and steps taken to achieve them.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Electricity Usage Reduction Compared to Last Year | kWh | 4317410 |
| Steam Usage Reduction Compared to Last Year | tonnes | 20874.71 |
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 | 2030 |
|---|---|---|
| Target Water Consumption Reduction Percentage Compared to Last Year | reduction | 18 |
Total packaging material used for finished products (in tonnes) and, if applicable, with reference to per unit produced.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Packaging Material Consumption (Paper) | tonnes | 298 |
| Packaging Material Consumption (Plastic) | tonnes | 980 |
| Packaging Material Intensity (By Product Weight) | kg/tonne of production | 0.96 |
| Packaging Materials Consumed | tonnes | 1278 |
Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.
| Standard Indicator | Unit | 2003 | 2024 |
|---|---|---|---|
| Number of Total Employees | 20000 | ||
| Percentage of Employees Aged 30-50 | % | 74 | |
| Percentage of Employees Aged Above 50 | % | 20 | |
| Percentage of Employees Aged Below 30 | % | 18 | |
| Percentage of Employees in Hong Kong | % | 44 | |
| Percentage of Employees in Mainland China | % | 56 | |
| Percentage of Female Employees | % | 27 | |
| Percentage of General Employees | % | 94 | |
| Percentage of Male Employees | % | 73 | |
| Percentage of Middle Management Employees | % | 4 | |
| Percentage of Senior Management Employees | % | 2 |
Employee turnover rate by gender, age group and geographical region.
| Standard Indicator | Unit |
|---|---|
| Turnover Rate of Employees Aged 30-50 | percent |
| Turnover Rate of Employees Aged Above 50 | percent |
| Turnover Rate of Employees Aged Below 30 | percent |
| Turnover Rate of Employees in Mainland China | percent |
| Turnover Rate of Employees in Overseas | percent |
| Turnover Rate of Female Employees | percent |
| Turnover Rate of General Employees | percent |
| Turnover Rate of Male Employees | percent |
| Turnover Rate of Middle Management Employees | percent |
| Turnover Rate of Senior Management Employees | percent |
| Turnover Rate of Total Employees | percent |
The percentage of employees trained by gender and employee category (e.g. senior management, middle management).
| Standard Indicator | Unit |
|---|---|
| Percentage of Trained Female Employees | % |
| Percentage of Trained Male Employees | % |
| Percentage of Trained Middle Management | % |
| Percentage of Trained Senior Management | % |
The average training hours completed per employee by gender and employee category.
| Standard Indicator | Unit |
|---|---|
| Average Training Hours (Female) | hours |
| Average Training Hours (Male) | hours |
| Average Training Hours (Middle Management) | hours |
| Average Training Hours (Senior Management) | hours |
| Average Training Hours per Employee | hours |
| Total Training Hours | hours |
Number of suppliers by geographical region.
| Standard Indicator | Unit |
|---|---|
| Number of Suppliers in Hong Kong | |
| Number of Suppliers in Mainland China | |
| Number of Suppliers in United States | |
| Number of Total Suppliers | |
| Total Number of Suppliers in Taiwan |
Description of practices used to promote environmentally preferable products and services when selecting suppliers, and how they are implemented and monitored.
| Standard Indicator | Unit | 2023 |
|---|---|---|
| Percentage of Suppliers Using Green Materials and Recycling Packaging | % | 17 |
Description of anti-corruption training provided to directors and staff.
| Standard Indicator | Unit |
|---|---|
| Anti-corruption Training Coverage among Directors and Management | percent |
| Average Anti-corruption Training Hours for Directors and Management | hours |
| Average Anti-corruption Training Hours for General Employees | hours |
| Coverage Rate of Ethical Standards and Anti-Corruption Training | percent |
| Coverage of Anti-corruption Training for Employees | percent |
| Number of People Participated in Ethical Standards and Anti-corruption Training | persons |
Resources contributed (e.g. money or time) to the focus area.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| Total Social Investment | RMB | 259000000 |