China Mengniu Dairy reported solid progress on its “GREEN” sustainability strategy, confirming it is on course to peak Scope 1 & 2 greenhouse-gas (GHG) emissions by 2030 and reach full-value-chain carbon neutrality by 2050.

Governance & Risk Management The board-led three-tier climate governance framework held two Sustainability Committee meetings and one Executive Committee meeting in 2025. Climate KPIs have been embedded in senior-management appraisals, while a “1+4” MRV system delivers 100% data-quality coverage across 45 production bases.

Emissions Performance • 2025 total Scope 1 & 2 emissions fell 5.78% year on year to 1.22 million tCO2e. • Emissions intensity declined to 162.11 kgCO2e per tonne of product, outperforming the 165 kgCO2e target set for 2025. • Installed solar capacity reached 33.69 MW (+5.66 MW), generating 20,056 MWh; green-power purchases totalled 108,800 MWh. • Key Scope 3 hotspots were quantified: raw-milk supply (11.11 million tCO2e), upstream transport (0.20 million tCO2e) and downstream logistics (0.55 million tCO2e).

Operational Highlights • Energy efficiency projects saved 11,610 MWh of electricity, 13,100 tonnes of steam and 32,100 m³ of natural gas, backed by RMB 6 million in capex. • Water-conservation programme cut consumption by 381,100 tonnes; 33 sites now hold water-saving enterprise status and seven factories carry AWS Gold certification. • Packaging: 98.65% of materials are recyclable; PVC and EPS have been fully eliminated. Recycled-plastic labels on Youyi C trimmed virgin-plastic use by 7.6 tonnes. • Logistics: more than 3,500 new-energy vehicles deployed; rail–sea volumes hit 1.87 million tonnes, avoiding 50,500 tCO2e.

Supply-Chain & Product Initiatives • 11% of partner farms run distributed solar; China Modern Dairy generated 123,000 MWh via biogas. • Palm-oil purchases are 100% traceable to mill and refinery, with 55.81% traceable to plantation; 250 tonnes were RSPO-certified. • Eight additional products—including Shiny Meadow Organic and Deluxe Frozen Cheese Ice Cream—received carbon-footprint certification, taking the portfolio to 23 certified SKUs; revenue from organic-certified lines exceeded 9% of 2025 sales.

Financial Snapshot Group revenue reached RMB 82.25 billion in 2025, underlining the commercial viability of Mengniu Dairy’s low-carbon transition.

Forward Targets (unchanged) • Maintain ≤160 kgCO2e/t emissions intensity by 2030, with absolute Scope 1 & 2 emissions peaking that year. • Achieve full-value-chain carbon neutrality by 2050.

Mengniu Dairy plans to accelerate renewable-energy deployment, expand plant-based product lines and deepen supplier engagement as it moves toward its 2030 peak-emission milestone.