China Wood Reports 2025 ESG Progress: Scope 1 Emissions Eliminated and Energy Use Down 99%

Bulletin Express
04/29

China Wood International Holding Co. has released its 2025 Environmental, Social and Governance (ESG) Report, detailing a sharp contraction in carbon emissions and energy consumption after exiting its vehicle-rental segment and advancing operational efficiency initiatives.

Environmental Performance • Emissions: Following the October 2024 disposal of its car-rental business—the chief source of direct (Scope 1) emissions—Scope 1 greenhouse-gas output fell to zero from 1,585 tCO2e in 2024. Scope 2 emissions, stemming mainly from electricity use at offices, slipped to 17.9 tCO2e from 22.8 tCO2e, bringing total GHG emissions to 17.9 tCO2e versus 1,607.8 tCO2e a year earlier. Emission intensity dropped to 0.58 tCO2e per employee from 64.31 tCO2e. • Energy: Aggregate energy consumption plunged to 34.0 MWh from 5,806.6 MWh, cutting intensity to 1.10 MWh per employee from 232.26 MWh. Measures include LED lighting, equipment power-saving modes and tighter air-conditioning settings. • Waste & Water: No hazardous waste was generated. Non-hazardous waste declined to 0.2 tonnes (0.01 tonnes per employee) from 0.4 tonnes. Water use rose to 60 m³ (1.94 m³ per employee) from 3.7 m³, attributable to business expansion; sourcing posed no supply constraints. Throughout the year the group recorded no environmental fines or material non-compliance.

Climate-Risk Management The board oversees climate strategy. Acute risks such as typhoons and floods are addressed through contingency planning and asset-protection measures, while transitional risks are monitored via policy reviews and potential internal carbon-pricing studies. The company is assessing the feasibility of quantifying financial impacts of climate risks; qualitative disclosures have been provided under Stock Exchange financial-effects relief.

Social Metrics • Workforce: Headcount increased to 31 from 25. Women account for 12 employees; staff aged over 51 rose to 18, reflecting restructuring in core operations. • Turnover & Safety: Annual staff turnover was 3.2%, limited to males aged 31-50 in Hong Kong. No workplace injuries, fatalities or lost-time days were reported over the past three years. • Training: 10% of staff received training, averaging 4.87 hours per participant. Programmes covered anti-bribery, regulatory updates, fire safety and customer-complaint handling. • Labour Standards: The group confirmed full compliance with Hong Kong and PRC labour laws. No child or forced labour cases were identified.

Supply Chain & Product Responsibility Fourteen suppliers—all China-based—completed the group’s engagement and review process. No product recalls or significant service complaints occurred during the year. Intellectual-property compliance and consumer-data protection policies were maintained without violations.

Governance & Ethics The board retains primary responsibility for ESG oversight, supported by an ESG working group. No corruption, bribery, extortion, fraud or money-laundering cases were concluded against the company or employees. A confidential whistle-blowing channel remains active, and ongoing anti-corruption training is provided.

Community Engagement China Wood emphasizes community involvement and encourages staff volunteering. The report outlines plans for sustained community investment aligned with local needs, though no quantitative contributions were disclosed.

The 2025 ESG Report underscores China Wood’s commitment to responsible development, resource efficiency and transparent governance following its strategic refocus on wood-related and food-and-beverage operations.

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