Sichuan Shuijingfang Co., Ltd.
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Product Responsibility
- Supply Chain Responsibility
- Workplace Responsibility
- Environmental Responsibility
- Social Responsibility
- Cultural Heritage
Environmental Achievements
- Reduced the use of packaging materials by 628 tons through packaging optimization.
- Reduced the use of cartons by 1,532.1 tons by replacing them with reusable injection-molded pallets.
- Reduced the production of Volatile Organic Compounds (VOCs) by 14.3 tons through design adjustments.
- Recyclable packaging materials accounted for 90% of all packaging materials used.
Social Achievements
- Launched 3 social welfare projects benefiting 2,800 people.
- Donated RMB 5 million to disaster-stricken areas in Henan.
- Donated 34,485 free epidemic prevention kits to customers.
- Established a strategic partnership with CEIBS, donating RMB 1 million annually for CSR research.
Governance Achievements
- 100% of employees received anti-corruption training.
- Over 50 key suppliers underwent SEDEX audits.
- Board of Directors compiled and published 131 periodic reports and interim announcements.
Climate Goals & Targets
Environmental Challenges
- Supply chain disruptions due to the COVID-19 pandemic.
- Difficulty in selling local specialty agricultural products in rural areas.
Mitigation Strategies
- Assisted Shiqu County in establishing a video marketing channel for local products.
- Implemented a mature emergency response mechanism to ensure supply chain stability.
- Emphasized local procurement, with 80% of materials sourced from Sichuan suppliers.
Supply Chain Management
Supplier Audits: Over 50 key suppliers underwent SEDEX audits.
Responsible Procurement
- Environmental and social risks included in supplier inspection mechanism.
- 80% of packaging and raw materials procured from local Sichuan suppliers.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards, UN Sustainable Development Goals (SDGs)
Certifications: ISO 45001-2018, ISO 14001-2015, ISO 9001-2015, HACCP
UN Sustainable Development Goals
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 17
Shuijingfang's actions contribute to these SDGs through various initiatives detailed in the report.
Awards & Recognition
- National Trustworthy Enterprise in Quality
- China’s Top 100 Trustworthy Enterprise in Quality Inspection
- Outstanding Urban Water Conservation Organisation of Chengdu
- Award for Outstanding Contribution to Fighting the COVID-19
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Business ethics and compliance
- Product quality and safety
- Responsible drinking
- Occupational health and safety
- Supply chain management
- Sustainable sourcing
- Community development
- Water management
- Packaging and waste management
- Energy and carbon emissions management
Environmental Achievements
- By reusing the wastewater from bottle washing for the factory boundary water spray system, it is estimated to save about 2,900 cubic meters of tap water throughout the year.
- The reclaimed water system installed at the sewage plant of Qionglai Phase I is expected to reduce wastewater/save tap water of about 27,000 tons each year, by turning the wastewater into up-to-standard reclaimed water.
- On December 14, 2022, the brewing workshop, experiment building, and restaurant of Qionglai Phase I obtained LEED Gold.
- From 1 July 2021 to 30 June 2022, Shuijingfang purchased a total of 6,335 MWh of power from clean resources through the International Renewable Energy Certificate (I-REC).
Social Achievements
- Launched the Shuijingfang Culture and Aesthetics Museum in 2022 to disseminate our product and brand values.
- In 2022, 6 social engagement programs were launched across the Company, with a total of over RMB 5 million in donations.
- In 2022, Shuijingfang helped around 2,000 people through public welfare programmes related to rural revitalisation.
- The satisfaction rate of Shuijingfang employees recorded 89% in 2022.
- In 2022, Shuijingfang started providing an extra childcare leave for employees with children under the age of three. The average number of days of the childcare leave per person was 8.32 in the year.
- In 2022, Shuijingfang organised a community recruiting event for returning migrant workers, as part of its Friendly Neighbour Programme. About 380 job opportunities were provided
Governance Achievements
- In 2022, 100% of our employees received anti-corruption training.
- In 2022, the Board of Directors took the lead in information disclosure, with a total of 94 periodic reports and interim announcements compiled and published, and a total of 55 files drafted and submitted to the Shanghai Stock Exchange for filing.
- In 2022, the Company held a total of 6 regular reporting and communication teleconferences for investors throughout the year, with a total of 1,223 investors attending the meetings online.
Climate Goals & Targets
- Join the UN Global Compact.
- Join the Science Based Targets initiative (SBTi).
- By 2030, achieve 30% improvement in water efficiency compared with 2020.
- By 2030, establish sustainable water management system based on best practices for all self-operated production sites.
- Sign the WASH Pledge before 2030.
- By 2025, 100% of product labels, online and offline marketing materials, official websites and sales platforms should feature explicit reminders of responsible drinking or age verification procedures.
- By 2025, establish the digital system for corporate security and occupational health management, as well as accident and event information management.
Environmental Challenges
- Numerous non-financial risks associated with stable business operations are increasingly significant.
- Natural disasters and extreme weather, climate change crisis, and biodiversity loss are considered the major risks facing the world in the next 2-10 years.
Mitigation Strategies
- Strengthening collaboration with stakeholders and taking constructive actions to drive sustainable transformation are expected to be the key to an enterprise’s long-term success in the new age.
- Initiating a dynamic assessment of economic, environmental, and social risks that may have long-term implications for the Company’s sustainable development.
Supply Chain Management
Supplier Audits: 54 key suppliers underwent SEDEX questionnaire assessments; 11 underwent on-site audits.
Responsible Procurement
- Background investigation and onsite assessment of suppliers
- Compliance training for suppliers
- ESG performance factored into supplier selection (starting 2025)
Climate-Related Risks & Opportunities
Physical Risks
- Natural disasters and extreme weather
Transition Risks
- Climate change crisis
Reporting Standards
Frameworks Used: GRI Standards, UN Sustainable Development Goals (SDGs)
Certifications: ISO 9001, HACCP, LEED Gold (Qionglai Phase I)
Third-party Assurance: SGS -CSTC
UN Sustainable Development Goals
- Goal 1
- Goal 2
- Goal 3
- Goal 4
- Goal 5
- Goal 6
- Goal 7
- Goal 8
- Goal 9
- Goal 10
- Goal 11
- Goal 12
- Goal 13
- Goal 14
- Goal 15
- Goal 17
The report aligns with multiple SDGs through various initiatives related to poverty reduction, health, gender equality, economic growth, responsible consumption, climate action, and partnerships.
Awards & Recognition
- S&P Global Corporate Sustainability Assessment (outperformed 65% of global participants)
- Wind ESG Rating (A)
- CDP Climate Change Questionnaire (C)