Kingfa Sci & Tech Co Ltd 2024 SR
The report highlights Kingfa's 2024 sustainability progress, focusing on digital transformation and green material innovation. The company invested RMB 680 million in digital factories, achieving a 50% increase in per capita efficiency. Under its "one million tonnes in three fields" strategy, Kingfa produced 274,100 tonnes of green plastics and recycled 268,500 tonnes of waste plastics. The company joined the UN Global Compact and reported a 27.58% reduction in carbon emission intensity for modified plastics compared to 2022. R&D investments reached RMB 2.49 billion, driving breakthroughs in biodegradable and special engineering plastics. Kingfa also maintained high safety standards with zero workplace fatalities and expanded its global footprint with new facilities in Vietnam and Spain.
Company: Kingfa Sci & Tech Co Ltd
Sector: Materials
Country: China
Year: 2024
Type: SR
Pages: 75
Kingfa Sci & Tech Co Ltd
ESG Report
The report highlights Kingfa's 2024 sustainability progress, focusing on digital transformation and green material innovation. The company invested RMB 680 million in digital factories, achieving a 50% increase in per capita efficiency. Under its "one million tonnes in three fields" strategy, Kingfa produced 274,100 tonnes of green plastics and recycled 268,500 tonnes of waste plastics. The company joined the UN Global Compact and reported a 27.58% reduction in carbon emission intensity for modified plastics compared to 2022. R&D investments reached RMB 2.49 billion, driving breakthroughs in biodegradable and special engineering plastics. Kingfa also maintained high safety standards with zero workplace fatalities and expanded its global footprint with new facilities in Vietnam and Spain.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees