Ming Fai International Holdings Limited
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:25,410.48 tonnes CO2 equivalents
Scope 1 Emissions:1,030.02 tonnes CO2 equivalents
Scope 2 Emissions:24,380.46 tonnes CO2 equivalents
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:26,570,018 kWh
Water Consumption:246,915.93 m3
Waste Generated:19,646.47 tonnes (hazardous and non-hazardous combined)
Carbon Intensity:0.031 kg CO2 equivalents per production unit
ESG Focus Areas
- Anti-corruption
- Health and Safety
- Development and Training
- Product Responsibility
- Supply Chain Management
Environmental Achievements
- Actively developing low-carbon energy (replacing diesel with natural gas)
- Continuously promoting and using high-efficiency or energy-saving production equipment
- Implementing water conservation measures (inspecting water facilities, fixing leaks, promoting awareness)
- Developing biodegradable products and eco-friendly packaging
- Using RSPO-certified palm oil in soap production
Social Achievements
- Implementing a “Returning Home Scheme” during Chinese New Year for Shenzhen staff
- Organizing various staff activities (sports competitions, workshops, etc.)
- Providing various competitive benefits for staff (social insurance, bonuses, etc.)
- Annual anti-corruption training for all staff
Governance Achievements
- Established a Safety Management Committee to monitor occupational health and production safety
- All staff sign “Written Commitment on Honesty and Integrity” to prevent corruption
- Suppliers sign “Suppliers’ Written Commitment on Integrity and Confidentiality”
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Typhoons and rainstorms in PRC and Hong Kong, flooding in Cambodia
- Rising global awareness on climate change and carbon reduction, leading to increased operating costs due to potential future regulations
Mitigation Strategies
- Reinforcement of overhead facilities, relocation of materials before typhoons
- Keeping waterways clear, installing drainage pipelines
- Actively developing low-carbon products to meet market demand and future regulations
Supply Chain Management
Supplier Audits: 100% of major suppliers assessed in 2022
Responsible Procurement
- Supplier review system, supplier scoring system, on-site factory inspections, “Suppliers’ Written Commitment on Honesty and Confidentiality”
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons, rainstorms, flooding
Transition Risks
- Increased operating costs due to future regulations
Opportunities
- Development of low-carbon products
Reporting Standards
Frameworks Used: Appendix 27 “Environmental, Social and Governance Reporting Guide” of the Listing Rules
Certifications: ISO9001, ISO13485, ISO22716
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Dispensers, shampoo bars, conditioner bars, body wash bars, lotion bars
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:28,989.59 tCO2e/year
Scope 1 Emissions:1,001.16 tCO2e/year
Scope 2 Emissions:27,988.43 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:29,224,000 kwh/year
Water Consumption:316,993.43 m3/year
Waste Generated:2,310.78 tons/year (hazardous and non-hazardous)
Carbon Intensity:0.033 kg CO2e per production unit
ESG Focus Areas
- Anti-corruption
- Health and Safety
- Development and Training
- Product Responsibility
- Environmental Matters
Environmental Achievements
- Passed Energy Management Systems certification.
- Replaced diesel and other fuels with natural gas in some applications.
- Used residual heat from air energy recycling system to replace diesel for water heating.
- Developed dispensers and shampoo bars to replace disposable plastic vials.
- Offered biodegradable product formulas and eco-friendly packaging materials.
- Used RSPO-certified materials in soap production.
Social Achievements
- Provided various competitive benefits for staff, including social insurance, medical insurance, and bonuses.
- Arranged return train tickets for staff before Chinese New Year.
- Organized various staff activities.
- Implemented a non-discrimination policy.
- Established a “Safety Management Committee” to monitor occupational health and production safety.
- Provided anti-corruption training to staff annually.
Governance Achievements
- Established a legal and compliance committee to monitor potential legal risks.
- Implemented “Written Commitment on Honesty and Integrity” for office staff.
- Required staff to complete “Gift Acceptance Application Form” and “Declaration Form regarding Conflicts of Interest”.
- Required suppliers to sign “Suppliers’ Written Commitment on Integrity and Confidentiality”.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Risks of typhoons, rainstorms, and flooding at production bases.
- Potential increase in operating costs due to stricter environmental regulations and carbon pricing.
- Market demand for low-carbon products.
Mitigation Strategies
- Implemented safety measures to mitigate weather risks.
- Strengthened plant structures to resist super typhoons.
- Kept waterways clear and ensured proper pipeline installation.
- Actively developing relevant low-carbon products.
- Enhanced staff training and promotion to comply with new regulations.
Supply Chain Management
Supplier Audits: 100%/year
Responsible Procurement
- Social responsibility, environmental and social risk impact assessment, sustainable development, integrated factory and product quality control system, on-time delivery.
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons, rainstorms, flooding
Transition Risks
- Stricter environmental regulations, carbon pricing, market demand for low-carbon products
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: Null
Certifications: ISO9001, ISO13485, ISO22716, EU Ecolabel
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Dispensers and shampoo bars
Awards & Recognition
- Not disclosed