SMBHK’s 2025 ESG Report: 70,211 tCO₂e Emissions, 1,387 MWh Rooftop Solar Output and 47% of Community Spend Channelled to Social Welfare

Bulletin Express
03/31

San Miguel Brewery Hong Kong Ltd. (SMBHK, stock code 00236) has published its 2025 Environmental, Social and Governance (ESG) Report, extending coverage from Hong Kong to include its South China subsidiary, San Miguel (Guangdong) Brewery (SMGB).

Environmental Performance • Greenhouse-gas emissions totalled 70,211 tonnes of CO₂-equivalent; Scope 3 accounted for 71%, Scope 1 for 20% and Scope 2 for 9%. • A 1.39 MW rooftop photovoltaic system installed at the Yuen Long brewery produced 1,387 MWh of clean electricity, avoiding 0.53 million kg of CO₂. • Boiler burner upgrades cut diesel use by 82,337 litres and 215 tonnes of GHG; further retrofits are projected to trim an additional 247,011 litres of diesel over five years. • Process optimisations saved 255,727 kWh of power and roughly 97 tonnes of CO₂, while forklift electrification and solar-powered lighting reduced emissions by 43 tonnes. • Spent-grain and yeast diversion schemes recycled 2,417 tonnes of by-products, eliminating an estimated 1,580 tonnes of CO₂. • Water initiatives, including clean-in-place optimisation, conserved 30,000 m³ of water; total consumption reached 547,426 m³. • Lightweight glass bottles cut 470 tonnes of glass use; glass packaging now represents 10% of local sales, with full compliance under Hong Kong’s Glass Beverage Container Producer Responsibility Scheme.

Climate Risk & Strategy • Scenario analysis shows potential annual carbon-pricing exposure of HK$30 million–HK$60 million between 2030-2050 under a 1.5-2 °C pathway. • High-emission scenarios indicate modest direct physical-risk losses (<0.1% of asset value) mitigated by insurance and site resilience measures. • The board directs climate strategy through a Sustainability Committee; risk oversight is integrated into the High-Level Risk Assessment system.

Social Highlights • Workforce stood at 496 (49% Hong Kong, 51% South China); 73% hold permanent contracts. • Employee turnover rate was 13%; average age 42.9 years. • Zero work-related fatalities for the third consecutive year; 256 lost days recorded. • 99% of staff received training, averaging 35.8 hours each.

Supply Chain & Product Responsibility • All active strategic suppliers (covering 88% of procurement spend) declared no material non-compliance with labour, safety, environment or ethics requirements. • No product recalls; 75 product-related concerns were addressed through established quality-assurance protocols. • ISO 9001 and ISO 22000 certifications maintained; HACCP implemented at SMGB.

Community Investment • Total community contributions reached HK$0.25 million; 56% directed to registered charities, with social-welfare programmes receiving 47% of funds. • Employees devoted volunteer hours mainly to e-book production for the visually impaired (84.5% of activities).

Compliance • The company reported no material breaches of environmental, labour, health-and-safety, product-responsibility or anti-corruption regulations during 2025.

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