Kingfa Sci & Tech Co Ltd 2022 SR
The report, Kingfa's first ESG disclosure, outlines the company's commitment to a circular economy for plastics and its path toward carbon neutrality by 2060. Key highlights include the verification of Scope 1 emissions totaling 37,085.07 tCO2e and the recycling of approximately 200,000 tons of waste plastic. The company established a comprehensive ESG governance framework and aligned its strategies with 16 UN Sustainable Development Goals. Significant investments were made in R&D, totaling over RMB 4.3 billion over three years, and in environmental protection, reaching RMB 56.4 million in 2022. Kingfa also joined the New Plastics Economy Global Commitment, becoming the first Chinese plastic industry company to do so.
Company: Kingfa Sci & Tech Co Ltd
Sector: Materials
Country: China
Year: 2022
Type: SR
Pages: 60
Kingfa Sci & Tech Co Ltd
ESG Report
The report, Kingfa's first ESG disclosure, outlines the company's commitment to a circular economy for plastics and its path toward carbon neutrality by 2060. Key highlights include the verification of Scope 1 emissions totaling 37,085.07 tCO2e and the recycling of approximately 200,000 tons of waste plastic. The company established a comprehensive ESG governance framework and aligned its strategies with 16 UN Sustainable Development Goals. Significant investments were made in R&D, totaling over RMB 4.3 billion over three years, and in environmental protection, reaching RMB 56.4 million in 2022. Kingfa also joined the New Plastics Economy Global Commitment, becoming the first Chinese plastic industry company to do so.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Net Zero Target
Employees