Environmental, Social and Governance Report

Overview

The report is Kingfa's first ESG report and covers the Group's 2022 operations across China and overseas subsidiaries. It highlights verified Category 1-3 GHG emissions of 401,844.28 tCO2e, a 30% per-product-unit reduction goal by 2030, and corporate carbon neutrality before 2060. The company also emphasizes circular plastics, including 189,000 tons of recycled-plastics sales and approximately 200,000 tons of waste plastic recycled. Governance disclosures describe a four-level ESG framework with the Board of Directors fully responsible for ESG strategy, management and external disclosure.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2022
Period: 1 January 2022 – 31 December 2022
Language: English
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Standards

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

Ratings

GRI level

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Standard
Scope
Statement included
Metrics assured

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