Yip's Chemical Publishes 2025 ESG Report, Targets 38% Cut in GHG Intensity and Bolsters Green Portfolio with Hypro-Sino Acquisition

Bulletin Express
04/29

Yip's Chemical released its ninth standalone ESG Report for the year ended 31 December 2025, detailing environmental metrics, new decarbonisation targets and expanded green-technology capabilities.

Environmental Performance • Scope 1 + 2 greenhouse-gas (GHG) emissions intensity fell 2% year on year to 0.102 tCO₂e per tonne of product, while VOC emissions dropped 10%. • Water-use intensity declined 9%; packaging-material intensity improved 4%. • Shanghai (coatings) and Zhongshan (inks) plants, which account for 90% of group revenue, underpin the data set.

New 2028 Climate Targets • A 38% reduction in Scope 1 + 2 GHG emissions intensity versus the 2022 baseline. • A 27% reduction in water-use intensity versus 2022. These goals replace the previous energy and water consumption targets and align with China’s “dual-carbon” policy.

Strategic Green Investment During the review period the group acquired a controlling stake in Beijing Sino-Hypro Petrochemical Tech, a domestic leader in chemical vapour recovery. The deal strengthens Yip's Chemical’s footprint in emissions management, resource recycling and green innovation.

Supply-Chain Overview • 1,677 suppliers engaged; 99.7% are local to operating sites, limiting transport-related emissions. • 134 on-site supplier audits completed; sustainability criteria now embedded in vendor evaluations.

Product Stewardship and Innovation • Multiple coatings and inks certified by UL GREENGUARD Gold, French VOC A+, Japan JIS and Germany’s Blue Angel. • New product launches include a “High-Performance Electricity-Free Cooling Coating” reflecting 95% of solar radiation and a “High-Performance Nano-Superhydrophobic Coating” that enhances PV panel efficiency. • Low-VOCs gravure inks formula can cut solvent emissions by up to 50%.

Health, Safety & People • 32,777 HSE training hours delivered; five work-injury cases resulted in 110.5 lost days; one work-related fatality recorded. • Employee turnover stood at 12.81%. • Recognised as “Happy Company”, ERB “Manpower Developer” and received Hong Kong’s Caring Company logo for the 15th consecutive year.

Community Engagement • HK$0.10 million donated; employees contributed 117 volunteer hours. • Key initiatives included skills workshops for people with disabilities and rural medical-care support via a mobile eye-surgery programme that has restored sight to 220,700 cataract patients since 2010.

Governance Enhancements Oversight of climate and ESG matters resides with the Board, supported by a senior leadership team and a dedicated HSE Committee. Climate-related risks and opportunities are integrated into the group-wide risk-management framework; scenario analysis based on NGFS orderly, disorderly and hot-house world pathways guides strategy and capital allocation.

Looking Ahead Management confirms that ongoing green-tech investment, targeted capex of RMB 11.70 million for equipment upgrades and RMB 23.50 million per year for eco-product R&D over the next five years will support delivery of the new GHG and water-reduction targets while reinforcing Yip's Chemical’s transition to higher-value, low-carbon specialty chemicals.

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