Xunzhong Releases First HKEX-Compliant ESG Report: Zero Scope 1 Emissions, 61.43 tCO₂e Scope 2, Sets 10% Reduction Goal by 2030

Bulletin Express
04/24

Beijing Xunzhong Communication Technology Co., Ltd. published its inaugural Environmental, Social and Governance (ESG) report, meeting all Hong Kong Stock Exchange Appendix C2 disclosure requirements and aligning with global standards such as GRI and ISO 26000. The report covers the 2025 financial year and all consolidated entities.

Environmental Performance • Scope 1 greenhouse-gas emissions were nil; Scope 2 emissions from purchased electricity totalled 61.43 tCO₂e, translating to 0.000068 tCO₂e per RMB 1,000 of revenue. • Electricity consumption reached 90,241.20 kWh (11.09 t standard-coal equivalent); water use was 30,018 kg, and hazardous waste stood at 27.26 kg versus 19,874 kg of non-hazardous waste. • With 2025 as the baseline, Xunzhong targets a 2–3 % annual cut in emission intensity and a cumulative 10 % absolute reduction in Scope 1 + 2 emissions by 2030. The company aims for “zero growth” in hazardous waste and a 5 % yearly rise in non-hazardous waste recycling.

Social Metrics • Headcount totalled 157 (52 % male, 48 % female); 69 % of staff are aged 31–45. • Turnover rate was 53.95 %, evenly split by gender; Beijing accounted for 44 of 99 departures. • No work-related fatalities were recorded for the third consecutive year, and there were zero lost-time injuries in 2025. • Training coverage reached 100 %, averaging 2 hours per employee. • Supply chain comprised 233 vendors, all covered by due-diligence reviews and anti-bribery agreements. • Customer-side performance included zero complaints, recalls or data-security incidents.

Governance Highlights • The eight-member Board—37.5 % independent—retains ultimate ESG oversight and convened eight times in 2025. • An ESG Working Group, led by an executive director, integrates sustainability into R&D, supply chain, HR and risk control. • No corruption cases, whistle-blower reports or regulatory penalties occurred during the year.

Climate Risk & Strategy • Primary risks identified are electricity-price volatility and extreme weather impacts on data centres; opportunities centre on low-power product development and AI-driven efficiency solutions. • Although scenario analysis and internal carbon pricing are not yet in place, the company allocated RMB 32,000 to energy-saving upgrades and green-office initiatives in 2025.

Community Investment • Philanthropic spending totalled RMB 50,000 alongside more than 800 employee volunteer hours, focusing on youth mental health, tech-enabled eldercare and rural revitalisation.

Corporate Milestones Xunzhong listed on HKEX Main Board in July 2025 and secured multiple strategic partnerships, including Tencent Cloud and China Telecom, underscoring its commitment to scaling cloud-communication services while embedding ESG principles throughout its operations.

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