Zhejiang Xinao Textiles Inc 2024 SR
The report highlights XINAO's progress toward carbon peak by 2030 and neutrality by 2050, achieving a 30% reduction in GHG emissions per unit of revenue compared to 2020. Key environmental initiatives include expanding photovoltaic power, upgrading dyeing vats to save 15% water, and utilizing recycled materials like plastic bottles for eco-friendly yarns. Socially, the company invested over 100 million yuan in R&D and established the 'XINAO Charity Common Prosperity Fund' with a 60 million yuan pledge. Governance was strengthened by optimizing the Strategy and Sustainability (ESG) Committee and maintaining high transparency, earning a Grade A evaluation for information disclosure.
Company: Zhejiang Xinao Textiles Inc
Sector: Consumer Discretionary
Country: China
Year: 2024
Type: SR
Pages: 69
Zhejiang Xinao Textiles Inc
ESG Report
The report highlights XINAO's progress toward carbon peak by 2030 and neutrality by 2050, achieving a 30% reduction in GHG emissions per unit of revenue compared to 2020. Key environmental initiatives include expanding photovoltaic power, upgrading dyeing vats to save 15% water, and utilizing recycled materials like plastic bottles for eco-friendly yarns. Socially, the company invested over 100 million yuan in R&D and established the 'XINAO Charity Common Prosperity Fund' with a 60 million yuan pledge. Governance was strengthened by optimizing the Strategy and Sustainability (ESG) Committee and maintaining high transparency, earning a Grade A evaluation for information disclosure.
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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:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees