Sustainability Report

Overview

The report describes Hengyuan's FY2024 sustainability performance across a refinery operating period marked by improved financial performance and strengthened resilience. It reports Scope 1 emissions of 1,027,882.79 tonnes CO2-eq, Scope 2 emissions of 139,945.87 tonnes CO2-eq and initial Scope 3 coverage of employee commuting and business travel. The company also reports 2,640 Megalitres of water consumption, 3,108.00 metric tonnes of waste generated and a 407-person workforce. Governance was strengthened through a new Sustainability Policy, Board oversight and zero confirmed corruption incidents.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Level
Scope
Statement included

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