LUXXU releases 2025 ESG report: total emissions at 40.9 tCO₂e, 5 % intensity cut targeted by 2027

Bulletin Express
Apr 30

LUXXU Group has published its 2025 Environmental, Social and Governance Report, detailing performance for the year ended 31 December 2025 and setting medium-term sustainability targets covering its Hong Kong and Mainland China operations. The luxury-watch designer and manufacturer continues to align reporting with the Hong Kong Stock Exchange ESG Code, including the new Part D climate-related requirements effective 1 January 2025.

Environmental metrics • Total greenhouse-gas emissions reached 40.90 tCO₂e (2024: 37.40 tCO₂e), driven mainly by purchased electricity (Scope 2: 33.80 t) and Towngas used in the Hong Kong exhibition hall (Scope 1: 6.80 t). Emissions intensity rose to 0.80 tCO₂e per employee from 0.67 t. • LUXXU has set a 5 % reduction target in overall emissions intensity by 2027, using 2022 as the baseline year. • Direct and indirect energy consumption totalled 287.50 GJ (2024: 310.40 GJ), equal to 5.60 GJ per employee. • Water use fell to 431 m³ (2024: 450 m³); intensity was 8.43 m³ per employee. A 5 % water-intensity cut is also targeted by 2027. • Air-pollutant output remained low at 0.60 kg NOx and 0.003 kg SOx. No material hazardous waste was generated; non-hazardous solid waste comprised recyclable metal, plastic and packaging scrap. • Manufacturing plants retained ISO 9001, ISO 14001 and OHSAS 18001 certifications and recorded no environmental non-compliance cases.

Climate-risk governance and strategy The Board reviews climate risks annually, supported by the CEO-led ESG Working Group. Acute physical risks from extreme weather and transition risks from evolving regulation were identified as material; chronic physical risks are currently assessed as low but will be monitored. Scenario analysis is to be enhanced as data maturity improves.

Social indicators • Total headcount stood at 51 (2024: 56), with 75 % male and 90 % permanent contracts. Overall employee turnover was 9 %. • No work-related fatalities or injuries were reported, and the Group maintained full compliance with occupational-health regulations. • All staff received training in 2025, averaging 2 hours per employee. • The supply chain comprised 11 qualified suppliers (Hong Kong 4; Mainland China 7); green-procurement clauses addressing environmental compliance and labour standards are embedded in contracts.

Product responsibility and governance • Zero product recalls or customer complaints were recorded during the reporting period. • No intellectual-property infringements, data-privacy breaches or corruption cases occurred. • The Board upholds a “zero-tolerance” stance on bribery, supported by an Anti-Corruption Unit reporting directly to the CEO.

Outlook To advance its sustainability agenda, LUXXU will focus on energy-efficiency projects, expand Scope 3 emissions mapping and maintain annual Board oversight of progress against its 2027 emissions, energy and water-intensity targets.

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