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

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Kingfa Sci & Tech Co Ltd

Kingfa Sci & Tech Co Ltd 2022 ESG Report

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