LUXXU releases 2025 ESG report: total emissions at 40.9 tCO₂e, 5 % intensity cut targeted by 2027

Bulletin Express
04/30

LUXXU Group has published its 2025 Environmental, Social and Governance Report, detailing performance for the year ended 31 December 2025 and setting medium-term sustainability targets covering its Hong Kong and Mainland China operations. The luxury-watch designer and manufacturer continues to align reporting with the Hong Kong Stock Exchange ESG Code, including the new Part D climate-related requirements effective 1 January 2025.

Environmental metrics • Total greenhouse-gas emissions reached 40.90 tCO₂e (2024: 37.40 tCO₂e), driven mainly by purchased electricity (Scope 2: 33.80 t) and Towngas used in the Hong Kong exhibition hall (Scope 1: 6.80 t). Emissions intensity rose to 0.80 tCO₂e per employee from 0.67 t. • LUXXU has set a 5 % reduction target in overall emissions intensity by 2027, using 2022 as the baseline year. • Direct and indirect energy consumption totalled 287.50 GJ (2024: 310.40 GJ), equal to 5.60 GJ per employee. • Water use fell to 431 m³ (2024: 450 m³); intensity was 8.43 m³ per employee. A 5 % water-intensity cut is also targeted by 2027. • Air-pollutant output remained low at 0.60 kg NOx and 0.003 kg SOx. No material hazardous waste was generated; non-hazardous solid waste comprised recyclable metal, plastic and packaging scrap. • Manufacturing plants retained ISO 9001, ISO 14001 and OHSAS 18001 certifications and recorded no environmental non-compliance cases.

Climate-risk governance and strategy The Board reviews climate risks annually, supported by the CEO-led ESG Working Group. Acute physical risks from extreme weather and transition risks from evolving regulation were identified as material; chronic physical risks are currently assessed as low but will be monitored. Scenario analysis is to be enhanced as data maturity improves.

Social indicators • Total headcount stood at 51 (2024: 56), with 75 % male and 90 % permanent contracts. Overall employee turnover was 9 %. • No work-related fatalities or injuries were reported, and the Group maintained full compliance with occupational-health regulations. • All staff received training in 2025, averaging 2 hours per employee. • The supply chain comprised 11 qualified suppliers (Hong Kong 4; Mainland China 7); green-procurement clauses addressing environmental compliance and labour standards are embedded in contracts.

Product responsibility and governance • Zero product recalls or customer complaints were recorded during the reporting period. • No intellectual-property infringements, data-privacy breaches or corruption cases occurred. • The Board upholds a “zero-tolerance” stance on bribery, supported by an Anti-Corruption Unit reporting directly to the CEO.

Outlook To advance its sustainability agenda, LUXXU will focus on energy-efficiency projects, expand Scope 3 emissions mapping and maintain annual Board oversight of progress against its 2027 emissions, energy and water-intensity targets.

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