Vinda International Holdings Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1,261,155 tCO2e/year
Scope 1 Emissions:423,560 tCO2e/year
Scope 2 Emissions:837,595 tCO2e/year
Renewable Energy Share:2.81% (Malaysia, Aug 2023 - Feb 2024)
Total Energy Consumption:32,687,152 + 884,132 + other fuels (see Appendix I)
Water Consumption:12,011,259 m3/year
Waste Generated:94,051 tons/year (non-hazardous), 231 tons/year (hazardous)
ESG Focus Areas
- Energy Management
- Carbon Emissions
- Waste Recycling
- Water Resources
- Sustainable Procurement
- Community Service
- Fair Employment
- Product Quality and Safety
- Occupational Health and Safety
- Business Ethics and Anti-corruption
- Climate Change
Environmental Achievements
- Reduced use of standard coal in energy consumption by 357,600 tons.
- Reduced carbon emissions by 889,600 tons.
- Approximately 95% of waste was recycled or used for energy or material recovery.
- 100% of hazardous waste was managed by qualified third parties for disposal.
- Reduced water consumption by 70,500,000 cubic meters.
- Water recycling rate maintained at over 98%.
- All wood pulp procured came from sustainably managed forest lands or suppliers with forest conservation certification.
- Replaced the plastic film in tissue box packing with 100% paper materials sourced from sustainable sources.
Social Achievements
- Provided 1,890 hours of voluntary service with 614 volunteers.
- Maintained a male-to-female employee ratio of 57:43.
- Total training hours for employees amounted to 161,323 hours, with 10,051 participants.
- Workplace fatalities was 1.
Governance Achievements
- Established a three-layer sustainability governance structure.
- Implemented a comprehensive conflict of interest declaration process.
- Established a comprehensive whistle-blowing mechanism.
- Implemented robust anti-corruption management systems.
- No material non-compliance with local laws and regulations related to anti-corruption.
Climate Goals & Targets
Short-term Goals:
- Reduce the Group’s use of standard coal in energy consumption by 500,000 tons.
- Reduce the Group’s carbon emissions by 1 million tons.
- More than 90% of all packaging to be made of renewable/recyclable materials.
- 95% of waste to be recycled or used for energy recovery.
- Reduce the Group’s water consumption by 100 million cubic metres.
- Provide 8,000 hours of voluntary service.
Environmental Challenges
- Increased costs from rising employee turnover rates.
- Stricter laws and regulations on energy conservation, carbon reduction and environmental resource management.
- Climate change related physical risks (floods, extreme weather) affecting operations and supply chain.
- Transformation risks (tightening regulations, changing consumer preferences).
- Potential risks to warehouse safety from extreme weather.
Mitigation Strategies
- Improved human resources management system focusing on talent attraction, development and occupational health and safety.
- Adopted new equipment and technologies to reduce energy consumption and carbon emissions.
- Set carbon emission targets and implemented measures to reduce the effects of climate-related physical risks.
- Actively monitors government regulatory trends and develops low-carbon technologies and products.
- Regular inspection and maintenance of warehouses.
Supply Chain Management
Supplier Audits: 100% of top twenty raw and auxiliary material suppliers (excluding wood pulp suppliers) achieved ISO 14001 certification.
Responsible Procurement
- Supplier Factory Facilities Assessment Regulations
- Supplier Relationship Management (SRM) system
- ISO 14001 certification for suppliers
- Local procurement promotion
- Supplier standards signed by all suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Floods
- Extreme weather
- Rising water levels
- High temperatures
Transition Risks
- Tightening government regulations
- Changing consumer preferences
Opportunities
- Development of sustainable products
- Sustainable operations
- Developing industry standards for carbon neutrality
Reporting Standards
Frameworks Used: HKEX’s ESG Reporting Guide, TCFD
Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 22000 (Mainland China factories), Some GMP, BRC certifications (Mainland China factories)
Third-party Assurance: SGS-CSTC Standards Technical Services Co. Ltd. (Greenhouse gas emissions data)
Sustainable Products & Innovation
- Libresse botanical sanitary napkins
- Moist flushable toilet tissue with plant-derived fibers
- Reusable menstrual pants
- Drypers baby diapers without additives
- Drypers diapers with toluene-free ink
- Shipping cartons with water-based ink
Awards & Recognition
- Numerous awards listed in the report (see pages 6-9)