Xingye Alloy published its 2025 Environmental, Social and Governance (ESG) Report, detailing new climate-related governance arrangements, medium-term decarbonisation targets and expanded green-energy deployment across its three mainland China production subsidiaries.
Governance Structure • The Board remains the highest ESG decision-making body and, in August 2025, created an ESG Committee chaired by an independent non-executive director. • An ESG Office and a cross-functional Climate Change & Sustainability Working Group now coordinate group-wide implementation. • Climate KPIs have been integrated into senior-management remuneration.
Climate Strategy and Scenario Analysis • First climate-scenario analysis completed in 2025; physical Value-at-Risk for floods, extreme heat and typhoons each below 5 % of enterprise value under the IPCC RCP 8.5 scenario. • Carbon Value-at-Risk for transition risk estimated at 5 %–15 % for Shengtai and Xintai, and 1 %–5 % for Xinyue under the NGFS Net-Zero-2050 pathway. • Climate performance will be reassessed every five years or earlier if policy changes warrant.
Emission Profile and Targets • Scope 1 emissions: 32,954.36 tCO₂e; Scope 2 (market-based): 136,571.99 tCO₂e; total Scope 1+2 up 14.34 % year on year to 169,526.35 tCO₂e. • Intensity (Scope 1+2): 0.95 tCO₂e per tonne of product, versus 0.90 tCO₂e in 2024. • Target: cut Scope 1+2 emission intensity 3 % from 2024 baseline by 2030. • Additional 2030 goals include 3 % cuts in energy and water use per tonne of product and 35 % reduction in hazardous waste intensity.
Energy and Resource Management • Purchased electricity rose to 254,035.42 MWh (+15.25 %). Renewable electricity (self-generated PV plus green-power purchases) climbed 43.28 % to 46,613.18 MWh, accounting for 17.2 % of total power consumption. • Natural-gas use increased 9.96 % to 14.75 million m³. • An additional 20 MW battery-storage system delivered 10,591.12 MWh of discharge with 88 % efficiency. • Water consumption reached 665,021 m³ (3.72 m³ per tonne of product); Xintai obtained “water-saving enterprise” status in Ningbo.
Waste and Circularity • Hazardous-waste generation fell 6.05 % to 1,303.48 t and intensity dropped to 0.0073 t per tonne of product. • Non-hazardous waste rose to 7,012.86 t following higher output and more projects; 89.05 % was recycled or reused. • Seven copper-alloy products received SCS Recycled Content certification, reinforcing circular-economy credentials.
Workforce and Safety • Total headcount: 1,899. • Lost-time injuries cut to 34 days; no work-related fatalities. • ISO 45001 certification maintained; 28 emergency drills conducted covering 1,508 participant-times.
Supply Chain Oversight • Qualified suppliers must sign integrity pledges and non-use-of-hazardous-substances warranties; 122 suppliers have executed integrity agreements. • Shengtai earned an EcoVadis Bronze Medal for the second consecutive year, ranking in the top 19 % globally.
Anti-Corruption and Data Security • Zero concluded corruption cases; 100 % board and employee anti-corruption training coverage. • Company-wide ISO 27001 framework delivered “zero major information-security incidents” in 2025.
Capital Allocation to Sustainability • Environmental-protection expenditure reached roughly RMB150 million. • R&D spending advanced 42.06 % to RMB264.90 million, with 15 patent applications filed and six patents granted.
Xingye Alloy’s 2025 ESG Report confirms measurable progress on renewable-energy adoption, waste reduction and governance enhancements while outlining quantified medium-term targets that align with ISSB and HKEX climate-disclosure standards.