Puxing Energy 2025 ESG Report Highlights: Installed Capacity at 688 MW, CO₂ Emissions Down 41.89%

Bulletin Express
04/16

Puxing Energy Limited released its 2025 Environmental, Social and Governance (ESG) Report, detailing operational, environmental and social performance for the year ended 31 December 2025.

• Operations and Capacity – Five wholly-owned gas-fired plants in Zhejiang maintained total installed capacity of 688.07 MW, including 1.07 MW of photovoltaic (PV) units. – Following the June 2025 disposal of Quzhou and Deneng power plants, capacity attributable to the Group stands at 345.92 MW, of which 0.92 MW is PV. – Natural-gas power generation reached 170,358 MWh, selling 166,853 MWh to the grid; PV generation totalled 1,020 MWh, with 122 MWh exported.

• Environmental Performance – Total greenhouse-gas emissions (Scope 1 + Scope 2) fell to 104,113 tonnes CO₂e, a 41.89% decline year-on-year. – Greenhouse-gas intensity improved to 0.28 tonnes CO₂e per RMB 10,000 of revenue, 15.7% lower than 2024. – Company-wide energy consumption was 281,752 MWh, down 27.99% from 2024. – Hazardous waste generation totalled 1.6 tonnes; non-hazardous waste was 30.3 tonnes. – PV output avoided an estimated 541 tonnes of CO₂ emissions.

• Health, Safety and Workforce – No work-related fatalities for the third consecutive year; three injuries resulted in 179 lost workdays. – Total headcount remained at 188, with a turnover rate of 4%. – 100% of employees received training, averaging 22.1 hours per person; anti-corruption training reached 123 hours.

• Governance and Compliance – The board retains ultimate responsibility for ESG oversight, supported by an ESG Working Group. – An enhanced anti-corruption policy mandates annual integrity training and supplier “Integrity Construction Guarantees”; no corruption cases were reported during the year.

• Community Investment – The Group backed seven public-welfare projects focused on education, agriculture, environment and health, contributing RMB 4,396.10 and 39 volunteer hours across 273 participations.

Management reaffirmed commitment to “clean, low-carbon, safe and efficient” energy supply and indicated ongoing optimisation of risk management, emissions control and stakeholder engagement frameworks.

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