Yuk Wing GP’s 2025/26 ESG Report Shows Double-Digit Cuts in Energy Use and Emissions, Sets New Intensity Targets

Bulletin Express
07/30

Yuk Wing Group Holdings Limited (Yuk Wing GP, 01536) has released its Environmental, Social and Governance Report for the fiscal year ended 31 March 2026. The manufacturer and trader of down-the-hole drilling tools highlighted significant reductions in key environmental metrics and outlined new intensity targets for the coming year.

Environmental Performance • Energy: Total energy consumption fell 22.94 % year-on-year to 1.04 million kWh, driven by post-relocation infrastructure upgrades and lower electricity demand. Energy intensity dropped to 57.52 kWh per unit produced, down from 82.81 kWh. • Greenhouse gases: Combined Scope 1, 2 and 3 emissions declined 31.09 % to 428,894 kg CO₂e. Emissions intensity improved to 23.70 kg CO₂e per unit, compared with 38.16 kg CO₂e a year earlier. • Air pollutants: SOx emissions dipped 8.70 % to 0.42 kg, while NOx and PM rose to 351.45 kg and 31.92 kg respectively owing to the addition of a petrol-powered vehicle. • Water and waste: Water consumption fell 57.07 % to 1,973 m³, while hazardous waste generation dropped 64.10 % to 9.16 tonnes after switching to water-based paints. Non-hazardous waste increased to 280.08 tonnes, mainly from a one-off disposal of accumulated iron scrap.

Targets for FY 2026/27 The company aims to hold air-emission, energy, water and total waste intensities within 90–120 % of current-year baselines. A climate-transition plan and internal carbon-pricing mechanism are under evaluation for future disclosure.

Social Metrics • Workforce: Headcount stood at 84 (down from 101), with a 36 % turnover rate. • Training: 21 % of staff received training, averaging 2.5 hours per employee. • Safety: Three work-injury cases were reported, resulting in 234 lost workdays; no fatalities occurred over the past three years.

Governance and Compliance Yuk Wing GP reported no material non-compliance with environmental, labour, product responsibility or anti-corruption regulations during the period. An ESG governance framework led by the Board and an executive working group continues to oversee policy execution and data collection.

Community Engagement The group donated HK$0.01 million to the Tung Wah Group of Hospitals and the Taishan Charitable Association, focusing on healthcare and elderly welfare initiatives.

Outlook Yuk Wing GP will continue refining data-collection systems and explore setting formal climate-transition plans, internal carbon pricing and additional industry-specific metrics to align with forthcoming Hong Kong Stock Exchange disclosure requirements.

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