Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social Responsibility
• Poverty Alleviation and Rural Revitalization

Environmental Achievements

• Implemented "coal to gas" project, eliminating coal-fired boilers and building 33 gas boilers.
• Greening projects covering 1.43 million square meters.
• Reduced exhaust emissions by 120 million m³ per year.

Social Achievements

• Invested CNY 100 million in "China Maotai - the backbone of the country" public welfare project.
• Launched "Dream Libraries" and a reading program for rural children.
• Supported Daozhen's edible mushroom industry development.

Governance Achievements

• Established and improved corporate governance structure.
• Revised and improved articles of association, rules of procedure.
• Implemented internal control construction, evaluation, and audit.

Climate Goals & Targets

Environmental Challenges

• Macroeconomic uncertainty
• Epidemic impact on Baijiu consumption
• Ecological environment protection risk
• Intellectual property protection risk

Mitigation Strategies

• Formulated "14th Five Year Plan" development program.
• Focused on high-quality development.
• Implemented "five special projects" for environmental protection.
• Strengthened safety and environmental protection management.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Environmental Responsibility
• Social Responsibility

Environmental Achievements

• Achieved full green power coverage in Kweichow Moutai headquarters by 2023
• Reduced carbon dioxide emissions by 32,930.60 tons through green power procurement
• Saved 2,015,700 tons of water through system upgrading
• 100% hazardous waste harmless disposal rate
• 100% solid waste utilization rate

Social Achievements

• Implemented the “Happy Moutai” special improvement plan, securing the senses of happiness and achievement of our employees
• Implemented the “one village, one program” rural revitalization work plan
• Carried out the project “China Moutai & Backbone of the Nation” for 11 consecutive years
• 100% customer complaint resolution rate
• 0.3% employee turnover rate

Governance Achievements

• Improved investor relations management to create sustainable value returns for our shareholders
• Strengthened internal control and built up a compliance-driven awareness
• Revised and optimized the Articles of Association and Rules of Procedure of the Company’s Board of Directors
• Implemented the Performance Appraisal Management Measures of Managerial Level and the Compensation Appraisal Management Measures of Managerial Level
• 100% supplier annual audit ratio

Climate Goals & Targets

Environmental Challenges

• Climate change risks including regulatory changes, market shifts, extreme weather events, and changes in the production environment
• Supply chain disruptions

Mitigation Strategies

• Implemented five special projects and five special actions to address climate change and boost green power coverage
• Upgraded new energy equipment and sewage treatment plants
• Built ecological wetlands, plant protection forests, ecological green walls, and “production-living-ecological” spaces
• Strengthened supplier management and implemented responsible procurement practices
• Developed risk response plans and implemented all-round risk monitoring

Supply Chain Management

Supplier Audits: 100%

Responsible Procurement

• Strict management, responsible procurement, and sincere and open communication with suppliers
• Incorporating green and clean requirements into the supplier management system
• Selecting and cultivating suppliers with outstanding environmental and social performance

Climate-Related Risks & Opportunities

Physical Risks

• Reduced or disrupted capacity due to extreme weather events affecting daily production operations and supply chain disruptions
• Increased operational risk due to changes in the production environment

Transition Risks

• Increase in compliance costs to meet national and industry “Dual Carbon” related regulatory requirements
• Additional research inputs for new technologies to meet low-carbon emission requirements
• Higher production costs due to changes in raw material prices

Opportunities

• Enhanced execution efficiency and profitability of core products and reduced product costs
• Increased efficiency in the use of energy, water, packaging materials
• Lowered risk of future energy price hikes by promoting the use of low-emission energy or clean energy

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards (GRI Standards), Guidelines on Corporate Social Responsibility Reporting for Chinese Enterprises 5.0 (CASS-ESG 5.0)

Certifications: ISO 9001:2015 Quality Management System, HACCP System, ISO 14001:2015 Environmental Management System, ISO 50001:2018 Energy Management System, ISO 45001:2018 Occupational Health and Safety Management System

Sustainable Products & Innovation

• Moutai Ice Cream

Awards & Recognition

• No.1 in the list of 2022 Top 100 Guizhou Enterprises
• No.1 in the list of Most Valuable State-owned Listed Companies in China
• No.1 in the list of Top 50 Global Most Valuable Spirits Brands
• No.1 in the list of China’s 500 Most Valuable Food and Beverage Brands
• Guizhou Province “Lucid Waters and Lush Mountains Are Invaluable Assets” Practice Innovation Base