Climate Change Data

Environmental Metrics

ESG Focus Areas

• Workplace Quality
• Environmental Protection
• Operating Practices
• Community Involvement

Environmental Achievements

• Emission and discharge of wastes were in compliance with local laws and regulations. No penalty nor warning was received during the year.
• Continuous R&D work on raising the efficiency use of energy, water and steam.
• Relocation of production facilities to upgrade facilities and streamline processes, improving production efficiency and reducing energy consumption.

Social Achievements

• Organized various extracurricular and social activities for employees and encouraged participation in community investment activities.
• Provided trainings, career development and growth opportunities to employees.
• Maintained compliance with all local and national labor regulations, prohibiting child or forced labor.

Governance Achievements

• Continued efforts to enhance the Group’s enterprise risk management and internal control systems. Trainings and seminars were given to management and relevant staff.
• Established a Corporate Governance Committee to ensure the effectiveness of corporate governance and system of internal non-financial controls.
• Implemented a whistleblowing policy and procedures to address corruption and violations; adopted a zero-tolerance policy towards corruption.

Climate Goals & Targets

Environmental Challenges

• 16 work-related accidents happened in the Group’s production sites in 2018 (12 in 2017).
• Increased emission levels in 2018 compared to 2017 due to increased production.
• Customer complaints and product returns related to concentration, color, and packaging problems.

Mitigation Strategies

• Established investigation teams to look into accidents and provided extra safety training.
• Implemented realtime monitoring devices connected to the local Environmental Bureau’s network.
• Improved production procedures to avoid future quality issues and implemented product recall procedures.

Supply Chain Management

Responsible Procurement

• Stringent supplier certification process; quality control/assurance process during corn procurement; assessment of suppliers based on qualifications, background, food safety, product quality, pricing, and delivery.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: ISO9001, ISO14001, HACCP, QS

Awards & Recognition

• Changchun Home of Model Workers
• Advanced Community-level Party Organization
• Meritorious Enterprise
• May 1st Labor Medal
• Outstanding Organization Award for Staff Winter Run Race