Yue Yuen Releases 2025 ESG Report: US$8.03 Billion Revenue, Net Profit Up to US$381 Million, 9.4% Cut in Scope 1-2 Emissions

Bulletin Express
04/21

Yue Yuen Industrial (Holdings) Limited disclosed its 2025 Environmental, Social and Governance Report, presenting a detailed picture of financial, operational and sustainability performance.

Financial snapshot • Revenue rose to US$8.03 billion, while net profit reached US$381.10 million. • Gross profit margin stood at 22.8%, and the payout ratio was maintained at 70%. • Annual footwear shipments totalled 252.2 million pairs with an average selling price of US$21.00 per pair.

Operational scale • The group employed 276,800 people across six manufacturing hubs; Vietnam (36.8% of workforce) and Indonesia (48.8%) remained the largest centres. • Production output was geographically diversified: Vietnam contributed 55.2% of shipments, Indonesia 29.7% and Mainland China 10.7%.

Climate and environmental metrics • Scope 1 emissions were 107,000 tCO2e; Scope 2 (market-based) 431,000 tCO2e; Scope 3 21,000 tCO2e. Combined Scope 1-2 emissions fell 9.4% versus the 2019 baseline. • Renewable electricity consumption—including rooftop solar generation of 10,209 MWh and 324,084 MWh of renewable energy certificates—lifted green power usage to 35%. • Energy intensity ranged between 11.5 MJ and 27.3 MJ per pair, carbon intensity averaged 3.5 kg CO2e per pair, and water intensity was 21.7 litres per pair. • Direct-process waste recycling reached 34.8%; water recycling hit 57.7%.

Safety and workforce indicators • The group recorded zero occupational fatalities and a disabling injury frequency rate of 0.17. • Female managers represented 56.6% of total management; local managers held 86.5% of positions. • Employee training averaged 9.8 hours per person, and friendly-workplace training coverage reached 100%.

Governance and recognition • Independent directors accounted for 40% of the board; female representation was 20%. • Yue Yuen retained a CDP “B” rating for both climate change and water security and scored 45/100 in S&P Global’s CSA, outperforming 77% of textile & apparel peers. • The company remains the world’s only Fair Labor Association-accredited footwear supplier, and 36% of its factories have passed Social & Labor Convergence Program verification.

Forward focus The board reaffirmed its 2030 target to cut absolute Scope 1-2 emissions by 46.2% from the 2019 level and highlighted continued investment in renewable energy, energy-efficiency upgrades and supplier engagement on carbon management and workplace standards.

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