Hop Fung Group Holdings Ltd 2020 AR2
The report highlights Hop Fung Group Holdings Limited's sustainability performance for the fiscal year 2020. During the year, the group navigated the challenges of the COVID-19 pandemic, ending with a slight profit. To address raw material shortages caused by China's waste paper import ban, the company established a pulp production line in the Philippines, which officially commenced operations in the second half of 2020. On the environmental front, the group continued its green manufacturing practices, utilizing 100% recycled waste paper in its upstream business and achieving a reduction in water consumption to 1,948,043 cubic meters. The group also maintained its commitment to workplace safety, reporting zero work-related fatalities during the period.
Company: Hop Fung Group Holdings Ltd
Sector: Manufacturing
Country: Hong Kong
Year: 2020
Type: AR2
Pages: 158
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Hop Fung Group Holdings Ltd
Annual Report
The report highlights Hop Fung Group Holdings Limited's sustainability performance for the fiscal year 2020. During the year, the group navigated the challenges of the COVID-19 pandemic, ending with a slight profit. To address raw material shortages caused by China's waste paper import ban, the company established a pulp production line in the Philippines, which officially commenced operations in the second half of 2020. On the environmental front, the group continued its green manufacturing practices, utilizing 100% recycled waste paper in its upstream business and achieving a reduction in water consumption to 1,948,043 cubic meters. The group also maintained its commitment to workplace safety, reporting zero work-related fatalities during the period.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English, Chinese
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees