North Mining published its Environmental, Social and Governance Report for the year ended 31 December 2025, detailing governance structure, environmental metrics and human-capital indicators.
Board oversight and governance • The Board retains ultimate responsibility for sustainability strategy, assisted by an ESG Working Group comprising senior management. • The report follows HKEX Appendix C2 guidelines and covers mining, chemical trading and aluminium trading operations in mainland China and Hong Kong.
Workforce profile and safety • Total headcount stood at 640 (FY 2024: 678), with males accounting for 526 and females 114. • Turnover rate was 13 %, broken down as 29 % for employees under 30 and 5 % for the 31–50 age group. • The Group reported zero work-related fatalities and zero lost workdays for the third consecutive year. • 71 % of employees received training, averaging 1.14 hours per person.
Environmental performance • Scope 1, 2 and 3 greenhouse-gas emissions totalled 82,085 tCO₂e, translating to an intensity of 71 tCO₂e per million Hong Kong dollars of revenue. • Direct energy consumption reached 11,894 MWh, while purchased electricity usage was 123,884 MWh, bringing total energy consumption to 135,778 MWh (118 MWh per million Hong Kong dollars of revenue). • Water consumption amounted to 601,478 m³; no sourcing constraints were identified. • Air emissions comprised 1.52 kg SOₓ, 914 kg NOₓ and 89 kg particulate matter. • No hazardous waste was generated during the year.
Climate-risk assessment • Scenario analysis referenced SSP1-2.6 and SSP5-8.5 pathways. • Transitional risks include stricter emission regulations and reputational considerations; physical risks focus on temperature rise and flood potential at the Shaanxi mining site. • Opportunities centre on anticipated demand growth for molybdenum as a critical metal in low-carbon technologies.
Supply-chain and product responsibility • Key suppliers are located in Jiangsu and Zhejiang. Selection criteria include product quality, pricing, delivery and ESG performance. • No product recalls or material customer complaints were recorded; the chemical trading unit holds 54 patents. • The Group reported no breaches of anti-corruption or intellectual-property regulations and no concluded legal cases related to corruption.
Community and compliance • Community contributions target education, health, culture and sports in operating regions. • The Group recorded no non-compliance with environmental or labour laws in both mainland China and Hong Kong during the reporting period.
The 2025 ESG report underscores North Mining’s ongoing focus on operational safety, regulatory compliance and incremental progress in environmental performance tracking.