This report represents the third Environmental,Social and Governance ("ESG") report of ChongqingBrewery Co., Ltd. (the "Company"). Its primarypurpose is to present our ESG policies, managementpractices, and performance to stakeholders,providing a more comprehensive understanding ofour ESG efforts.
Time SpanThe report covers the period from January 1, 2024to December 31, 2024 ("2024", "reporting period"and "this year"). To ensure the continuity andcomparability of ESG reports, certain data andinformation are backdated or forwarded to othersignicant years when appropriate.Scope of ReportingThe subject of this report is Chongqing Brewery Co.,Ltd. (Stock Code: 600132) unless otherwise stated.The disclosure standards it follows are consistentwith our annual report.Basis of PreparationIn preparing this report, we referred toGuidelinesNo. 14 of Shanghai Stock Exchange for Self-Regulation of Listed Companies—SustainabilityReport (Trial), GRI Sustainability ReportingStandards (GRI standards), andIFRS SustainabilityDisclosure Guidelinesreleased by ISSB. We alsotook into account the suggestions put forward intheESG Disclosure Guidelines for Chinese AlcoholicBeverage Enterprisesissued by China AlcoholicDrinks Association.
ABOUT THE REPORT
Chongqing Brewery Environmental, Social & Governance Report
References Used in the ReportFor the convenience of expression and reading,"Chongqing Brewery", "the Company", and "We" inthe report all refer to "Chongqing Brewery Co., Ltd.",while "the Group" refers to "Carlsberg A/S".Source of DataAll information cited in this report is from theCompany's ofcial documents, statistical reportsand nancial reports. The information presentedin this report is provided by our employees andpartners and for the purpose of our ESG disclosureonly, and not for commercial purposes.DisclaimerPlease note that some parts of this report areforward-looking, including plans, goals, etc., forfuture development. Such content is based on thecurrent expectations of the management, whichmay be subject to uncertainties that could causeit to differ materially from actual results. TheCompany does not undertake the obligation toupdate any forward-looking statements in thisreport.
Report Approval and AccessibilityThis report has been approved by the Board ofDirectors on April 1, 2025. This report is availablein Simplied Chinese and English. In the event ofany minor discrepancies between the two versions,the Chinese version shall prevail. The report in pdf.is accessible on Shanghai Stock Exchange website(http://www.sse.com.cn) and our ofcial website(https://www.carlsbergchina.com.cn).
ABOUT USSIX TTZAB AMBITIONSKEY FOCUS AREASAPPENDICESPRESIDENT'S MESSAGEABOUT THE REPORT
TABLE OF CONTENTS
04ABOUT USCOMPANY PROFILETITLES AND HONORSESG PROGRAMESG HIGHLIGHTSESG GOVERNANCESTAKEHOLDER ENGAGEMENTDOUBLE MATERIALITY ASSESSMENT
KEY FOCUS AREASEMISSIONS MANAGEMENTPRODUCTS AND SERVICESDIVERSITY, EQUITY & INCLUSIONRESPONSIBLE SOURCINGCOMMUNITY ENGAGEMENTCOMPLIANCE MANAGEMENT
APPENDIX
SIX TTZAB AMBITIONS16
ZERO Carbon FootprintZERO Farming FootprintZERO Packaging WasteZERO Water WasteZERO Irresponsible DrinkingZERO Accidents Culture
THIRD-PARTY COMMENTGRI INDEXSSE ESG INDEXINDEX FOR ALCOHOLIC BEVERAGEENTERPRISE ESG DISCLOSUREESG KPIS
PRESIDENT'S MESSAGEABOUT THE REPORT
ABOUT USSIX TTZAB AMBITIONSKEY FOCUS AREASAPPENDICESPRESIDENT'S MESSAGEABOUT THE REPORT
Chongqing Brewery Environmental, Social & Governance Report
Chongqing Brewery Environmental, Social & Governance Report
Thank you for reading this Environmental,Social and Governance ("ESG") Report 2024 ofChongqing Brewery Co., Ltd.The year 2024 saw Chongqing Brewery enteringa new stage of "Accelerated SAIL". While activelyresponding to the complex and changing marketenvironment, we have also continued to promotethe "Together Towards ZERO and Beyond"(TTZAB) ESG program, and achieved remarkableresults in the elds of environmental, social andcorporate governance, laying a solid foundationfor high-quality development of the Company.Environmental stewardship: We have madesteady progress toward the four ambitions:
ZEROCarbon Footprint, ZERO Water Waste, ZEROFarming Footprint and ZERO Packaging Waste.In 2024, our breweries reduced carbon emissionsper hectoliter by 76.7% from 2015, equivalentto taking 119,000 cars off the road for a year,and decreased average water consumption by
45.7%, equivalent to saving water of 3.57 West
Lakes. The newly established Sanshui productionbase in Foshan is Carlsberg's rst "sponge plant"in the world, fully realizing green brewing. Inaddition, we continue to recycle byproductsfrom beer production, increase bottle return rateand optimize packaging to further reduce ourupstream and downstream carbon footprint.Social responsibility: We advocateZEROAccidents Cultureto continuously enhance ouremployees' work safety awareness and ability.Compared to 2018, the number of lost-time
重啤股份环境、社会和公司治理报告
Lee Chee KongPresident, Chongqing Brewery Co., Ltd.
PRESIDENT'S MESSAGE
accidents involving employees and contractorsdecreased by 92% in 2024. We also promotea healthy consumption culture and widelycommunicate the concept ofZERO IrresponsibleDrinkingby engaging brand spokespersons andother ways.Corporate Governance: We adhere to highstandards of compliance management andtransparent operations, and optimize ourgovernance structure to ensure robust andsustainable development. In 2024, we wereonce again awarded the "A-rating in AnnualInformation Disclosure Work" by the ShanghaiStock Exchange, and were selected for "ExcellentPractice of Annual Performance Presentation" bythe China Association for Public Companies fortwo years in a row.This year, our efforts in the eld of ESG werealso widely recognized. Since joining theMSCI rating in 2020, Chongqing Brewery hasachieved consecutive rating upgrades for fouryears, jumping from "A" in 2023 to "AA" in 2024,ofcially stepping into the "leader" ranks andbecoming one of the only two highest-ratedenterprises among A-share listed food andbeverage companies. In addition, we have beenincluded in the "2024 China Alcoholic Drinks ESGModel Enterprises List" of China Alcoholic DrinksAssociation, "Best ESG Practice Cases" of ChinaAssociation for Public Companies, and "2024ESG Inuence List" of Fortune China, amongothers. These honors are not only an afrmationof our past efforts, but also an incentive for ourfurther endeavor, pushing us to continue to move
forward on the path of sustainable development.This report you are about to read is the rstESG report we prepared in accordance with theGuidelines No. 14 of Shanghai Stock Exchangefor Self-Regulation of Listed Companies—Sustainability Report (Trial) and the ESGDisclosure Guidelines for Chinese AlcoholicBeverage Enterprises. We hope to furtherenhance the standardization and transparencyof ESG information disclosure, providestakeholders with more comprehensive and clearinformation on our sustainability, and promotethe improvement of ESG disclosure level in theindustry.Looking forward, we will continue to follow the"Accelerated SAIL" strategy, practice the growthculture, continue to optimize our action path,and work together with employees, partners andthe community.Thank you for your concern andsupport for Chongqing Brewery. Let's brew for abetter today and tomorrow!
Chongqing Brewery Environmental, Social & Governance Report
Based in China, Chongqing Brewery Co., Ltd.(SH.600132) is a subsidiary of Carlsberg Group,the third largest brewer in the world. CarlsbergGroup, headquartered in Copenhagen, Denmark,was founded in 1847 and has over 140 beerbrands that are sold in more than 150 marketsworldwide.The Company operates a production andsupply network consisting of 27 breweries and amarketing and sales network spanning China'sprovinces and municipalities, with a strongproduct portfolio of "local brands + internationalbrands". International brands include Carlsberg,Tuborg, Kronenbourg 1664, Grimbergen, Brooklyn,and Somersby, and local brands include Wusu,Chong Qing, Shancheng, Xixia, DALI, WFSM,TIAN MU HU, and Jing-A, meeting the diversiedneeds of consumers for high-quality beer.
COMPANYPROFILE
Responding promptly to market changes, weare one of the fastest growing Chinese beercompanies in recent years. In 2024, our respectivesales, revenue, and net prot attributable toshareholders of parent company after deductingnon-recurring gains and losses were 2.9749million kiloliters of brews, RMB 14.645 billion,and RMB 1.222 billion.
China has become the Group's largest marketglobally. In the Group's SAIL'27 strategy, "KeepWinning in China" is listed as one of the strategicpriorities. This priority demonstrates our ambitionof being the most successful, professional andattractive brewer in China. We are also committedto actively addressing global challenges such asinequality, climate change and water scarcity by
implementing the Together Towards ZERO andBeyond (TTZAB) ESG program in China. We arededicated to achieving ZERO Carbon Footprint,ZERO Water Waste, ZERO Farming Footprint,ZERO Packaging Waste, ZERO IrresponsibleDrinking, and ZERO Accidents Culture, whileadhering to the Group's purpose of brewing for abetter today and tomorrow.
ABOUT US
Chongqing Brewery Environmental, Social & Governance Report
ENTERPRISE HONORS
Shanghai Stock ExchangeA-rating in 2023-2024Information Disclosure Work
Securities Times
Top 100 Main Board ListedCompany Value
Chongqing Enterprises Federation,Chongqing Federation of Industrial Economics
Chongqing Top 100 EnterprisesChongqing Top 100 Manufacturers
China Association for Public CompaniesExcellent Practice Cases of the Board ofDirectors of Listed Companies of the Year
Securities TimesThe 15th Tianma Award for InvestorRelations Management and ShareholderReturns of Listed Companies in China
Federation of Industry and Commerce
of Yunnan ProvinceTop 100 Non-public Enterprises of Yunnan ProvinceTop 20 Non-public Manufacturers of Yunnan ProvinceTop 100 Enterprises of Yunnan Province
China Association for Public Companies
Excellent Cases of Culture Construction ofListed Companies of the Year
Institutional Investor
Most Honored Company
Federation of Industry and Commerceof Ningxia Hui Autonomous Region
Ningxia Top 100 Private EnterprisesNingxia Top 100 Private Manufacturers
China Association for Public Companies
Best Practice of Annual Report
Presentation of the Year
Corporate Governance AsiaFive Awards at the 14th Asian
Excellence Award
Guangzhou Association ofEnterprises with Foreign InvestmentOcean Engine Award GuangzhouOutstanding Foreign-funded Enterprise
Hurun China
Top 100 in the Food Industry
China Securities Journal
Golden Bull Best Investment ValueAward of the Year
Golden Information Disclosure Award
Chongqing Brewery Environmental, Social & Governance Report
MIITNational Water Efciency Leader
Southern WeekendESG Competitive Enterprisesof the Year
Southern Metropolis DailyESG Innovation Pioneerof the Year
Dali Brewery won the title ofYunnan Provincial Water-savingBenchmark Enterprises of the Year
Korla Brewery and Wusu Brewery won the title ofXinjiang Uygur Autonomous Region Green Plants
Lixian Brewery won the title ofHunan Green Plants of the Year
Guangzhou DailyESG Sustainability Excellence Model
People.cnPeople's Social Responsibility
Cases
Chongqing DailyTop 10 Chongqing SocialResponsibility InuentialEnterprises of the Year 2024
Fortune China2024 ESG Inuence List
China Association forPublic CompaniesBest Practice Cases forSustainable Development ofListed Companies of the Year
China Securities Journal
ESG Golden Bull Top 100
Caijing.com.cn
Sustainability Benchmarkof the Year
ESG HONORS
China Alcoholic DrinksAssociationESG Model Enterprises List
MSCI ESG
Upgraded to AA Rating
Chongqing Brewery Environmental, Social & Governance Report
DEI Employer Award 2024and 4th among the Top100 Enterprises in China
2024 Employer BrandingCreativity Awards Best DEIProgram Award Best CampusProject Award
China Best EmployerAward 2024
The Most Attractive Employerof 2024
2024 Super Employer
The Most PopularEmployer among CollegeStudents
Guangdong Work Different ofthe Year
Top Graduate Employer Brands
EMPLOYER BRAND, CULTURE AND TALENT DEVELOPMENT HONORS
100 Employer Excellence ofChina and Excellence inTalent Attraction & Retentionof 2024
Chongqing Brewery Environmental, Social & Governance Report
Three Awards in "Qingzhuo" Awards New Alcoholic Beverage Products SelectionAt the China International Beer Challenge 2024, 15 product categories of the Company won awards,making the Company the brewery winning the highest number of awards for the fourth year in a rowAt the World Beer Awards 2024, the Company won 6 gold medals, 5 silver medals and 3 bronzemedals, with three product categories rated "Best in China"At the World Cider Awards 2024, Somersby won 1 gold medal, 1 silver medal and 2 bronze medalsWusu won the title of "Xinjiang Time-honored Brand"WFSM won NIQ BASES Breakthrough Innovation AwardsJing-A brand and its products won 2 gold medals, 1 silver medal and 4 bronze medals at 2024Australian International Beer Awards (AIBA), a silver medal at Asia Beer Championship (ABC) 2024and a gold medal at Japan International Beer CupCarlsberg Artist Edition for the Year of the Snake won iF Design Award 2025Tuborg rap music program won International Advertising Awards (IAI) Excellence award"Tuborg x but" won China International Advertising Festival · 2024 Content Marketing Gold Case"Tuborg 2024 CNY Dragon" won Golden Bauhinia International Advertising Creativity Award"Tuborg 2024 Rap Music" program won Bronze Award of China Content Marketing AwardsBronze Award of Golden Mouse IP Marketing
"Wusu x CTF Crossover Marketing" won TMA Integrated Marketing Gold AwardDouyin E-commerce 618 Outstanding Contribution AwardJD Supermarket "Marketing Partner of the Year"Bronze Award of IAI E-commerce MarketingTOP DIGITAL Festival Marketing Annual Special Award2024 Meituan Flash Innovation Breakthrough Award2024 Meituan Flash Warehouse Brand Growth Award2024 Ele.me Brand Strategic Partner Award2024 Ele.me Ofcial Flagship Store Win-Win Award2024 Ele.me Summer Integrated Marketing Innovation AwardJing-A Taproom was selected as 2024 Douyin Enchanting Restaurant, 2024 that's FOOD & DRINKAwards Editor's Choice Burger of the Year, 2024 TimeOut Bar Awards Craft Beer Bar of the Year, 2024Olive China Top 100 Craft Beer Bar, No. 1 Brand in National Craft Brand Hot List of 2024 Beijing CraftBeer FestivalWusu Barbecue · Chengdu Night Snack City won the title of Forbes China "2025 Mass ConsumptionInnovative Brand of the Year"Wusu Barbecue · Chengdu Night Snack City was included in Top 10 of 2024 China Catering InnovationBrand ListWusu Barbecue · Chengdu Night Snack City won the title of 2024 New Consumption Cas
PRODUCT, BRAND AND MARKETING HONORS
Chongqing Brewery Environmental, Social & Governance Report
In 2022, the Group released the SAIL'27 strategyand launched the upgraded Together TowardsZERO and Beyond (TTZAB) ESG program toactively respond to global challenges such asclimate change, water scarcity and inequality,and promote sustainable development of theenterprise.Based on the six ambitions, namely ZEROCarbon Footprint, ZERO Farming Footprint, ZEROPackaging Waste, ZERO Water Waste, ZERO
Irresponsible Drinking, ZERO Accidents Culture,TTZAB has developed an action roadmap, andset measurable indicators for 2030 and 2040,including net ZERO value chain, packagingrecycling for reuse, 100% replenishment of waterusage at breweries in high-risk areas, and ZEROlost-time accidents, among other challenging andleading targets. Our climate targets are alignedwith the 1.5°C target in theParis AgreementonClimate Change. Meanwhile, we have also furtherstrengthened the strategic layout in ve focus
areas of responsible sourcing, diversity, equity &inclusion, human rights, living by our compass,and community engagement.In 2024, the Company entered a new phase ofAccelerated SAIL under the SAIL'27 strategy,continued to facilitate the implementation ofthe TTZAB program, made substantial progressin key areas through a series of actions, andcommitted to track and timely update theambitions. The Company works closely with
stakeholders such as suppliers, customers,consumers and the community to implementsustainability commitments across the businessand value chain, aiming to achieve the corporatepurpose of brewing for a better today andtomorrow.
ESG PROGRAM
Chongqing Brewery Environmental, Social & Governance Report
Chongqing Brewery Environmental, Social & Governance Report
ResponsibleSourcing
Diversity,Equity&Inclusion
HumanRights
Living ByOur Compass
CommunityEngagement
Chongqing Brewery Environmental, Social & Governance Report
2030 TargetsZERO lost-time accidents
ZERO carbon emissions at our breweries30% reduction in value chain carbon emissionsAll renewable electricity must come from new assets(e.g., via power purchase agreements)2030 Targets2040 TargetsNet ZERO value chain
30% of our raw materials are from regenerative agriculturalpractices and are sustainably sourced2030 Targets2040 Targets100% of our raw materials are fromregenerative agricultural practices andare sustainably sourced
Focus on the continuous enhancement and implementation of policies, partnerships and other initiatives to manage the impacts onour employees, operations, value chain and wider society.Set additional targets that are quantied and shorter-term, including the proportion of women in senior leadership position rampingup to one-third by 2027.Continuously strive to Live by Our Compass and maintain a high-integrity culture through a robust compliance program and sourceresponsibly, respect human rights along the value chain, and engage communities responsibly.
ZEROCarbonFootprintZERO
FarmingFootprintZERO
PackagingWasteZERO
WaterWasteZERO
IrresponsibleDrinkingZERO
AccidentsCulture
Water usage efciency of 2.0 hl/hl in the Company, and 1.7 hl/hl atbreweries in high-risk areas2030 Targets100% replenishment of water usage at breweries inhigh-risk areas2030 Targets100% responsible drinking messaging through packaging and brandactivities100% of our markets run partnerships to support responsible consumption
35% of our beers from the Company are low-alcohol oralcohol-free100% availability of alcohol-free brews (AFBs)
2030 Targets100% recyclable, reusable or renewable packaging90% collection and recycling rate for bottles and cans
50% reduction of virgin fossil-based plastic50% recycled content in bottles and cans
Diversity, Equity & InclusionLiving by Our CompassHuman RightsResponsible SourcingCommunity Engagement
Brewing for a better today and tomorrowPurposeSAIL'27 prioritiesSustainability StrategyTogether Towards ZERO and Beyond (TTZAB)
Creating value for all our stakeholdersOur portfolio choicesFunding our journeyOur winning cultureOur geographical prioritiesOur execution excellence
Chongqing Brewery Environmental, Social & Governance Report
Localized sourcing of100% of main ingredients,and localized sourcing of50% of hops and 30% ofmalt products
100% recycling of 1.67 million
tons of waste yeast liquorand 307,000 tons of spentgrains for agriculture andanimal husbandry to promote
the development of circular
economy
%
%
%
%
%RMB138,0004,100+
Bottle return rate, up 3.6%from 2022. The bottle returnrate in Chongqing is higherthan 90%
%
Annual recycling of glass debrisamounted to 31,346 tons,equivalent to 125 million 330mlbottles, reducing carbon emissions
by more than 25,000 tons
-31,346tons
Due to bagless transportation ofraw materials, reducing the useof approximately 5 million plasticwoven bags and cutting carbonemissions by about 1,500 tons-5million
Average water consumptionin 2024 was 2.09 hl/hl, down
45.7% from 2015
-
45.7
%
Foshan Brewery has been
completed and put intooperation, becoming Carlsberg'srst sponge plant in the worldSponge Plant
Through innovativecollaboration with Meituan, theconcept of responsible drinkingis communicated to moreconsumers using Meituan's food
delivery lockers as a medium
Crossover Collaboration
A-rating
The water replenishment
projects in Chongqing,Jiangsu and Yunnan havebeen 80% completed,with 365,000m? of waterreplenished, equivalent to 170swimming pools
Water Replenishment
Eleven brand spokespersonscommunicate responsibledrinking, reaching more than 6.2million consumers
6.2
million+
Three kinds of warning labelscalling for responsible drinkinghave been added to thepackaging of alcohol products
%
Five breweries have had nolost-time accidents for morethan 10 yearsMore than
years
Compared to 2018, the numberof lost-time accidents involvingemployees and contractorsdecreased by 92% in 2024-92%
The Company has held All-Staff Safety Day activitiesfor 14 consecutive years tocontinuously improve theability and safety awareness of
employees
years in a row
Foshan Brewery is equippedwith photovoltaic powergeneration systems, biogasboilers, air conditioning energystorage facilities, etc., andhas obtained three-star greenbuilding certication, achievingcomprehensive green brewing
Increase in the proportionof female employees inmanagement positions
Breweries have passed the2024 annual quality COMCompliance audits
Of our major materialssuppliers were certied tothe ISO 9001 environmentalmanagement system
Was donated to launch HealthyMother Express in QuannanCounty, Jiangxi province, tosupport the health cause ofwomen and children
Of total enrolments incompliance training onethics, anti-bribery andanti-corruption, andcompetition lawIn 2023-2024 InformationDisclosure Work
Electric forklift truck use increasedby 3% to 82% in 2024, with greenlogistics project kicked off
%
Green Brewing Benchmark
Decrease by 76.7% in carbonemissions per hectoliter in 2024from 2015, equivalent to 119,000cars off the road for one year-76.7%ZERO CarbonFootprint
ZERO FarmingFootprint
ZERO PackagingWaste
ZERO WaterWaste
ZERO Irresponsible
Drinking
ZERO AccidentsCulture
Diversity, Equity & InclusionProducts and ServicesResponsible SourcingCommunity EngagementCorporate GovernanceLiving by Our Compas
ESG HIGHLIGHTS
Chongqing Brewery Environmental, Social & Governance Report
Chongqing Brewery Environmental, Social & Governance Report
ZEROFarmingFootprint
ZEROAccidentsCultureVP, CorporateAffairs
VP, Supply Chain
Director,Procurement
Director,Procurement
VP, Supply ChainVP, MarketingVP, Supply ChainProgram Coordinator
ZEROWaterWasteZEROCarbonFootprint
ZEROPackaging
Waste
ZEROIrresponsible
Drinking
Leading and overseeing the company's business, strategic direction and performance, performing corporate governance responsibilities,
and responsible for overall ESG performanceReviewing the annual ESG report
Responsible for the coordination and facilitation of implementation of TTZABTTZAB Target Owners
ESG Information Disclosure TeamESG Owners
ESG Champion
Board of DirectorsPresident
Responsible for the collection and statistics of ESG initiatives progress, and
completing reporting and information disclosureResponsible for the implementation of ESG initiatives
ESG Governance Structure
The Company has successfully integrated ESG governance into its daily operations. We have developed a three-tier ESG management structure comprising the President, TTZAB Target Owners, and ESG Owners. Theseindividuals are responsible for the planning, coordinating and implementation of our ESG strategies and establishing the KPIs, setting targets, and tracking progress to facilitate the implementation of our ESG strategiesand to achieve efcient management of the TTZAB. The annual ESG report is issued after consideration by the Board of Directors.
ESG GOVERNANCE
Chongqing Brewery Environmental, Social & Governance Report
StakeholdersEngagement ChannelsTopics of InterestOur Responses
Employees
? Questionnaire surveys? Online and in-person activities? Emails? Meetings with all employees and within departments
? Employee benets? Employee development and training? Employee rights and care? Employee health and safety
? Established diverse employee engagement channels? Protection of employees' rights and interests? Provision of staff training and development space? Caring for the physical and mental health of employeesInvestors and Shareholders
? Periodic reports and interim announcements? Performance disclosure meetings? Strategy meetings held by securities rms? Investors' online or in-person roadshow and anti-roadshow? Visit the breweries
? Risk management? Return on investment (ROI)? Corporate governance? Information disclosure
? Held shareholder meetings? Completed the disclosure of regular reports and interimannouncements? Participated in investor roadshows and other activitiesCustomers and Consumers
? Consumer satisfaction survey? Complaints hotline? Channels at retail stores? Marketing activities
? Quality products? Diversied products? Sophisticated customer service? Smooth communication channels
? Promptly responded to consumer demands? Carried out responsible marketing? Implemented initiatives promoting responsible drinkingSuppliers
? Feedback channels for suppliers? Regular communication activities? Audit and assessment? Information sharing
? Fair, open and just procurement? Suppliers support
? Have established a complete supplier management system? Implementation of responsible procurement? Carried out supplier training and communication activities
Media Outlets
? Regular and irregular media visits? Timely communication of the Company's latest situation? Beer tasting for the media? Interview with the President
? Company's performance? Sustainability performance? Company's future development strategy
? Regular communicate with media? Regular release of the progress in sustainable development? Held beer tasting for the mediaGovernment and Regulatory Agencies
? Regular visits and special reports? Participation in the research and selection activities organizedby the government? Participation in the formulation and revision of policies andregulations
? Compliant business operations? Tax payments according to law? Driving local economic development
? Compliance with all applicable laws and regulations? Disclosure of information on our contribution to economicdevelopment? Facilitation of the TTZAB program? Participation in national demonstration pilot projectsIndustry Associations
? Join industry associations? Participation in formulating industry standards? Participate in industry events
? Product quality? Industry cooperation and development
? Joined industry association? Participation in formulating industry standard development? Participation in industry association initiativesIndustry-university-research Partners
? Conduct programs and cooperation with industry-university-research partners
? Product development and innovation? Talent training? Achieve win-win results
? Cooperation with industry-university-research partners
We attach great importance to effective engagement with stakeholders. By building a diversied and stable communication mechanism, we maintain smooth, efcient and close communication and interaction withall stakeholders, timely identify and actively take actions to respond to the expectations and requirements of internal and external stakeholders to continuously improve the transparency of corporate information andfurther enhance the trust and support from all stakeholders.STAKEHOLDER ENGAGEMENT
Chongqing Brewery Environmental, Social & Governance Report
High
Moderate
Low
Product quality and innovationWater stewardshipBusiness ethicsCorporate governanceEmployee health and safetySustainable packaging / circular economyTackling climate change
Materiality to StakeholdersData security and privacy protectionSupply chain managementEnergy managementWaste / pollutant managementTalent and developmentResponsible marketingSustainable agricultureAdvocating responsible drinkingDiversity, equity & inclusionCustomer serviceCommunity contribution and impact
Equal treatment of SMEsScientic and technological ethics
Equal treatment of SMEsScientic and technological ethics
Materiality to Chongqing BreweryEnvironmental topicsSocial topicsCorporate governance topics
Product quality and innovation
Employee health and safetyWater stewardshipBusiness ethicsCorporate governanceSustainable packaging / circular economyTackling climate change
DOUBLEMATERIALITYASSESSMENT
The Company attaches great importance to theidentication, evaluation and management ofsustainable development topics. In 2024, basedon the materiality matrix of past years, wecomprehensively reviewed and optimized theannual materiality matrix with reference to thelatest ESG governance trends, corporate businesslayout and development dynamics, mainstreamESG rating systems in capital markets, and peerbest practices.Impact MaterialityAssessmentThrough topic identication, stakeholder research,topic analysis and other steps, we build themateriality matrix, and make key disclosures inthe report, so as to respond to the concerns of allparties in a more targeted manner, and disclosethe progress of ESG work in a complete andaccurate manner.
Financial MaterialityAssessment
Based on the results of the nancial materialityassessment conducted by the Carlsberg Group,we focus on the management of three majortopics: "climate change", "resource utilizationand circular economy" and "consumers andend users", as detailed in the sections of "ZEROCarbon Footprint", "ZERO Packaging Waste","ZERO Water Waste" and "ZERO IrresponsibleDrinking".
ESG Materiality Matrix in 2024
Advocating responsible
drinkingDiversity, equity & inclusion
Community contribution and impact
Supply chain managementTalent and developmentResponsible marketingCustomer service
Energy managementWaste / pollutant management
Data security and privacy protection
Sustainable agriculture
Chongqing Brewery Environmental, Social & Governance Report
The Together Towards ZERO and Beyond(TTZAB) program is our action plan to addressglobal challenges such as inequality, climatechange, water scarcity, and society's growingconcern for health and well-being. The programis rooted in our purpose of brewing for a bettertoday and tomorrow and is integrated into theoverall corporate strategy. We pledge to achievethe industry-leading Six ZERO Ambitions,including ZERO Carbon Footprint, ZERO FarmingFootprint, ZERO Packaging Waste, ZERO WaterWaste, ZERO Irresponsible Drinking, and ZEROAccidents Culture, focusing on raw materials,packaging, production, logistics, sales, marketing,product consumption, and other links. Bycomprehensively managing the environmentaland social impact of our activities, we willactively engage with suppliers, customers,consumers and communities to take actions thatcontribute positively to society and to achieveour milestones by 2030 and 2040.ZERO Carbon FootprintZERO Farming FootprintZERO Packaging WasteZERO Water WasteZERO Irresponsible DrinkingZERO Accidents Culture
SIX TTZABAMBITIONS
Chongqing Brewery Environmental, Social & Governance Report
ZERO CarbonFootprint
We regularly conduct product carbon footprint assessments according to the Scopes 1, 2 and 3 emissions stipulated in the Greenhouse Gas Protocol (GHG protocol) compiled by the World Resources Institute (WRI) and the World Business Council for Sustainable Development(WBCSD), and the Product Environmental Footprint (PEF) Guide (including rules for beers) formulated by the European Commission and sectoral guidelines for greenhouse gas emissions in the beverage industry.
We supplemented data categories in 2024 according to Carlsberg Group's latest calculation method for the whole value chain to further collect and update the data.
We expanded the collection caliber and categories of carbon emission data in Scope 3, and re-sorted, collected and calculated the carbon emission intensity of the whole value chain in 2024. Therefore, the data of 2024 are not comparable with those previously disclosed in2015 and 2022.
Total Value Chain Carbon Emissions in 2024
Agricultureand Processing% of totalvalue chainemissions
Value chain carbonemission intensity
（kg CO
e/hl）15%7%63%9%7%
69.36
BreweriesPackagingTransportation
and distribution
Cooling
In the context of intensifying global warmingand Carbon Peaking and Carbon NeutralityGoals proposed by the Chinese government,beer enterprises are facing the double pressureof energy conservation and emission reductionand coping with climate change. As a leader inthe beer industry, we are committed to investingmore resources in low-carbon operationsthroughout the whole value chain to facilitate thesustainable transformation of the industry. Weactively pursue the ZERO Carbon Footprint goaland have carried out actions covering the entirevalue chain to achieve low-carbon operationsfrom raw material planting, production,packaging, transportation and distribution, tocooling and storage, so as to achieve a net ZEROvalue chain by 2040.OUR STRATEGYUnder the leadership of the president, the VPof Supply Chain is responsible for addressingclimate change related issues, guiding andimplementing daily practices, and regularlyreporting on issues including energy conservation,emission reduction, and reduction of the carbonfootprint of products, and promptly reviewingand validating for improvement.
OUR ACTIONWe carry out carbon footprint assessment acrossthe full value chain, covering planting, production,packaging, transportation, cooling, storageand other links, and develop and implementcarbon reduction actions for each link. We alsocontrol climate change risks, and carry outtransformation plans and response measures toaddress climate change and enhance the climateresilience of the enterprise.REDUCING OUR PRODUCT CARBONFOOTPRINTThe Company attaches great importance tothe carbon emission of products throughoutthe value chain. Under the guidance of theGroup, we carry out product carbon footprintassessment
covering raw material planting andprocessing, beer production, packaging materialuse, transportation and distribution, and terminalcooling and storage, and have formulatedcorresponding carbon footprint reduction plans.
CUTTING CARBON FROM CROPSGreenhouse gas emissions from the growingand processing of raw materials account for 15%of the total value chain carbon emissions. Weactively respond to our goal of ZERO FarmingFootprint, collaborate with upstream suppliersin the value chain to promote sustainable
agriculture and sustainable raw materialprocurement, so as to minimize the potentialinterference and impact of business productionon the ecological environment. Carbon reductionactions for growing and processing raw materialsare detailed in the"ZERO Farming Footprint"section of this Report.
Chongqing Brewery Environmental, Social & Governance Report
SANSHUI PRODUCTIONBASE IN FOSHANA GLOBAL GREENSMART BREWINGBENCHMARKOn August 28, 2024, Sanshui production basein Foshan, Guangdong province, was ofciallyput into operation. It is one of Carlsberg's globalagship breweries and a global green smartbrewing benchmark.Foshan Brewery adopted the country's highestgreen building evaluation standard "Three-starGreen Building Standard" in the constructionprocess. It uses recycled building materials andthermal insulation materials, and carries outreal-time monitoring of temperature, humidityand pressure through building managementsystem (BMS). Six megawatts of solar panelsare deployed on its roof to meet 30 percent ofits total electricity needs, while natural lightlighting ducts are designed to minimize electricityconsumption. The plant is also equipped withbiogas boilers, steam condensate recovery andreuse system, rainwater collection and reusesystem, air conditioning energy storage systemand other complete green equipment andsystems to fully realize green brewing.
ABOUT USSIX TTZAB AMBITIONSKEY FOCUS AREASAPPENDICESPRESIDENT'S MESSAGEABOUT THE REPORT
ZEROCarbon Footprint
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Chongqing Brewery Environmental, Social & Governance Report
green electricity use
%BreweriesMajor measures and progress
Xichang Brewery
New heat energy recovery system: through process improvement, the normal pressure boilingprocess is replaced by low pressure dynamic boiling to achieve secondary steam heat recoveryand preheating, and the heat consumption is expected to be reduced to 2.08 kWh/hlElectric boiler project: the electric boiler engineering research, preliminary design and preparationfor a new electric boiler with supporting boiler room have been completed, and the project isexpected to be completed in 2025Boke Brewery
Thermal energy reduction FI project: more energy efcient boiler equipment is selected forthermal energy recovery and reuse by reducing boiler start-up and shutdown times, controllingue gas temperature, pipeline insulation, improving condensate reux rate, etc., and meteringequipment are calibrated to optimize equipment management, so as to achieve signicantreduction in heat consumption
Tianmuhu Brewery
Comprehensive heat energy utilization project: after cooling system transformation, condensaterecovery tank transformation, and heat energy transmission design transformation, the heatenergy from wort cooling process, the secondary steam heat energy from wort boiling processand the high temperature condensate water from production process are collected for wortpreheating, heating of packaging sterilization machine, etc., so as to effectively reduce heatenergy consumption and refrigeration power consumption. The annual packaging heat energyconsumption was 6.45 kWh/hl, down 0.8 kWh/hl from the same period in 2023, saving about2,088 tons of steamWe are increasing investment in the use of renewable energy, optimizing the energy mix, and installingphotovoltaic equipment. At present, we have achieved 100% green electricity use, with a total greenelectricity consumption of 169,004.17 MWh in 2024, resulting in a carbon emission reduction of 90,687.64tons, equivalent to planting 3.94 million trees, or 33,300 cars off the road for one year.
ELIMINATING BREWERY EMISSIONS
Greenhouse gas emissions from breweries accountfor 7% of the total value chain carbon emissions.We optimize energy management in all breweriesby continuously improving production processesand updating production equipment to promotethe use of renewable energy, improve energyefciency, effectively reduce carbon emissions,and practice green brewing concept. Our energymanagement goal is to achieve 100% greenelectricity use by 2030 and to be carbon neutralin all breweries.We optimize the management of our workshops,equipment and personnel, and continuouslymonitor the level of energy conservation andconsumption reduction. Wusu Brewery in Xinjianginnovatively developed the "red and yellow tags"scoring system, and equipped the inspectionworkers in the production workshop with redand yellow tags, with red representing safetyhazards and yellow representing abnormalsituations. Once "spillage and leaking" problemsare identied, the inspection workers hang thecorresponding tags at the right places for themaintenance personnel to deal with them in time.Employees who identied such problems willalso be rewarded accordingly. We also improvethe level of automation and intelligence in ourbreweries. The Wusu beer production line ofKorla Brewery can efciently produce 24,000cans of beer per hour, with only ve operatorsassigned to ensure the smooth operation ofthe whole line, achieving the integration ofproduction efciency and green concept. In 2024,Korla Brewery and Wusu Brewery won the titleof "Xinjiang Autonomous Region Green Plants",and Tianmuhu Brewery won the title of "JiangsuProvincial Green Plants" and passed the ISO
50001 energy management system certication.Traditional breweries consume the most steam intheir brewing workshops, where the wort boilingprocess consumes 35% to 40% of the total steamconsumption. We adopt low-pressure dynamicboiling process in our brewing workshops tosignicantly reduce steam consumption. We alsoequip our production lines with secondary steam
recovery devices to recover most of the secondarysteam heat energy for the preheating of nextfeeding wort. We have launched biogas andsteam and other comprehensive thermal energyutilization projects in some of our breweries,including Dali Brewery, Tiandao Brewery, KorlaBrewery in Xinjiang, Dazhulin Brewery andFoshan Brewery. In 2024, Xichang Brewery addeda new thermal energy recovery system to furtherIn 2024, we achieved positive results in thermal energy recycling projects of several breweries
promote the boiling pot steam recycling project.In 2024, we achieved a reduction in thermalenergy consumption per hl of beer brewing from
16.095 kWh in 2023 to 15.274 kWh; the carbon
emissions in brewing per hl of beer were reducedby 4.5% compared to 2015, indicating effectivereduction of carbon emissions.
resulting in a carbon emissionreduction ofequivalent to planting
3.94 million trees,
or 33,300 cars offthe road for one year90,687.64t
169,004.174A total consumption ofof green electricity in 2024
MWh
Chongqing Brewery Environmental, Social & Governance Report
Heat Energy Consumption in 2024Indicators Unit 2024
Heat energy from natural gas MWh373,077.18Heat energy generated by biogas from sewageplants
MWh977.80Heat from district heating facilities(with standard heating systems)
MWh75,208.69Total consumption of powerMWh169,004.17Total thermal energy consumptionMWh449,263.67Percentage of renewable electricity%100Direct energy consumptionMWh376,639.63Indirect energy consumptionMWh241,628.21Comprehensive energy consumptionMWh618,267.84Comprehensive energy consumption intensityMWh/RMB 10,000 in revenue0.42
There are two forms of energy consumption: one is one-time direct consumption, also known as nal consumption; the otheris consumption in processing and conversion, also known as intermediate consumption. Final consumption, as opposed tointermediate consumption, means that energy is not used for intermediate processing and conversion, but is directly used intovarious heating, power and other equipment for consumption in production and non-production activities.
MOVING TO LOWER-CARBONPACKAGINGPackaging materials are responsible forapproximately 63% of beer product's carbonfootprint, representing the largest source ofcarbon emissions throughout the value chain. Toreduce carbon emissions in the use of packaging
materials, we actively respond to the ZEROPackaging Waste initiative, and have collaboratedwith suppliers to carry out carbon reductionactions in the use of packaging materials. Formore information, please refer to the"ZEROPackaging Waste" section of this Report.MAKING OUR LOGISTICS SMARTERTransporting and distributing products betweenbreweries, warehouses, bars, restaurants andretailers in beer brewing process accounts for9% of beer product's carbon footprint. To reduceemissions in the transporting and distribution ofproducts, the Company continues to promotethe electrication of our eets, and replacetraditional lead-acid batteries with moreenvironmentally friendly lithium-ion batteries.In 2024, the proportion of electric forklifttrucks increased from 79% to 82%. We alsoprovide training to enhance the energy-savingawareness of suppliers, and actively encouragelogistics suppliers to improve the energy-savingperformance of logistics transportation.
CUTTING IMPACTS FROM COOLING
In beer brewing process, carbon emissionsfrom beer cooling account for about 7% ofbeer product's carbon footprint, representingthe third largest source of carbon emissionsacross the value chain. We actively promote theGroup's philosophy that "all newly purchasedrefrigerators must utilize LED lighting andenvironmentally friendly refrigerants". Wehave initiated the energy-saving fridge project
since 2021 to purchase new refrigerators usingenvironmentally friendly refrigerants. Byimplementing hydrouorocarbon HFC-freerefrigerants and energy-saving fridges, we canannually decrease nal energy consumption incooling by 10%
, effectively reducing greenhousegas emissions from refrigerants. We also payattention to the energy consumption level ofeach brand model, and prioritize the procurementof more efcient fridge models to reduce theenergy consumption per unit product. In addition,we have optimized existing fridges this year toreduce the level of carbon emissions, by installingenergy management system for the collection,analysis, control and optimization of the fridgestransmission system performance and thereasonable planning and use of energy. In 2024,we purchased approximately 11,853 energy-saving fridges.
11,853We purchased aboutenergy-saving fridges in 2024 guided bythe energy-saving fridge project
%
Using HFC-free refrigerantsand energy-saving fridgescan reduce final energyconsumption by
Chongqing Brewery Environmental, Social & Governance Report
In 2024, the Company ofcially launched the green logistics and transportation project, with the rst 13new energy electric vehicles put into use, reducing carbon by 421 tons, marking an important step in theconstruction of a green and low-carbon transportation system. It is expected that 12 new energy electricvehicles will be added in 2025.Featuring zero emissions, low noise and high efciency, new energy electric vehicles not only effectivelyreduce air pollution and greenhouse gas emissions, but also create a quiet and comfortable environmentfor the community and employees. Their efcient power and low operating costs also signicantlyimprove logistics efciency and economic benets.
GREEN LOGISTICS PROJECT OFFICIALLY LAUNCHEDCase
We use the "operational control method" to calculate and calculate greenhouse gas emission data.
Scope 1 includes carbon dioxide emitted by direct fuels and carbon dioxide produced by refrigerants.
Scope 2 includes carbon dioxide emitted by indirect fuels.
IndicatorsUnit 2024CO
emissions from the use of natural gastCO
e75,622.75CO
emissions from the use of biogas producedby sewage plants
tCO
e0.22CO
emissions from district heating facilities(with standard heating systems)
tCO
e22,111.35CO
emissions from the heat energy consumedtCO
e97,734.31Total CO
emissions from breweriestCO
e101,171.13CO
emissions from refrigerantstCO
e3,436.82GHG emissions (Scope 1)
tCO
e79,059.78
GHG emissions (Scope 2)
tCO
e22,111.35GHG emissions (Scope 1+Scope 2)tCO
e101,171.13GHG emissions (Scope 1+Scope 2) intensity
tCO
e/ RMB 10,000 inrevenue
0.07
A new energy electric vehicle put into pilot transport in Jinghong Community, Yunnan province
CUTTING DAILY OPERATINGEMISSIONSThe Company attaches great importance tothe awareness about energy conservation andemission reduction in operation and carbonreduction actions. To reduce carbon emissionsfrom employees' commutes, we prioritize workingwith passenger service providers with lowercarbon emissions. In 2024, the Company had 11new energy buses, effectively reducing carbonGreenhouse Gas Emissions in 2024
emissions by about 604 tons.We are also committed to forming a culturethat all employees participate in low-carbonoperations. The "Value Your Idea" programcollects their potentially achievable proposalsfor carbon reduction, and offers bonuses andcommendations to winners. Our Wusu beer
innovatively established a monthly performancereward mechanism to encourage all employeesto actively participate in environmental protectioninnovation, collect all kinds of environmentalprotection ideas and implement them, effectivelyreducing the Company's energy consumption,and enhancing employees' awareness of energyconservation and emission reduction. On June 5,
2024, on the 53rd World Environment Day, Wusualso held the "Run for Love · All Employees toReduce Carbon" event, encouraging all employeesto actively participate in carbon reduction actionsand advocate a simple, moderate, green and low-carbon lifestyle.
Chongqing Brewery Environmental, Social & Governance Report
TACKLING CLIMATECHANGE
The Company is fully aware of the seriousnessof climate change and the urgency of addressingit. We actively identify and analyze climate-change risks by building a climate managementsystem from four dimensions of governance,strategy, risk management, indicators andtargets to identify climate-related risks, take theinitiative to formulate countermeasures to reducethe potential impact of climate change on ourbusiness and enhance our climate resilience.
GOVERNANCEThe Company is committed to improving itsclimate risk management capacity, and hasdeveloped a three-tier ESG managementstructure comprising the CEO, TTZAB TargetOwners, and ESG Owners to carry out climaterisk identication, assessment and preventionand control decisions. The CEO is responsiblefor the leadership and decision-making of theESG strategic direction of the Company, whichincludes issues such as tackling climate change.The VP of Supply Chain empowers ESG Ownersto implement daily ESG practices, report onESG progress, including climate-related riskidentication and mitigation, and promptlyreview for improvement.
INDICATORS AND TARGETSThe Company discloses the progress of theTTZAB program and KPIs on an annual basis.For specic indicators and targets, please referto"ZERO Carbon Footprint: OUR TARGETS &PROGRESS", "ZERO Farming Footprint: OURTARGETS & PROGRESS", "ZERO PackagingWaste: OUR TARGETS & PROGRESS", "ZEROWater Waste: OUR TARGETS & PROGRESS"sections of this Report.
STRATEGY
"Tackling climate change" is one of our coreESG topics. We are actively advancing the ESGprogram of Together Towards ZERO and Beyond,committing to the goal of net ZERO valuechain by 2040. For a detailed description of theclimate-related strategy, please refer to the "ESGPROGRAM" section of this Report.RISK MANAGEMENTWe identied the climate-related risks,systematically sorted out the physical andtransition risks at the level of industry andcompany operation based on the characteristicsof the industry and business, and claried thelist of climate change risks, including 2 physicalrisks and 4 transition risks. We also evaluatedthe impact of these risks and opportunities onthe Company's strategy, business model, etc., inthe short, medium and long term. For different
risk types, we have put forward correspondingtransformation plans and countermeasures, withrelevant resources arranged, including nancial,human and technical support, to ensure thepromotion and monitoring of such plans, andtrack annual progress to continuously enhanceour climate resilience.
Chongqing Brewery Environmental, Social & Governance Report
Carrying out regular inspection of facilities to prevent equipmentand personnel from being harmed by extreme weather; paying close attention to the weather conditions,and conveying the early warning information to each post in time;
Setting the goal of ZERO Water Waste, implementing highwater risk assessment projects, and strictly controlling water scarcity and other related risks in high-risk areas;
Exploring climate-friendly regenerative agriculture program,requiring suppliers to have sustainable forest and other conservation certifications, and strengthening localprocurement of raw materials to ensure supply chain stability.
Formulating emergency plans for extreme weather, and carryingout emergency drills regularly to ensure the full implementation of emergency plans and minimize lossescaused by extreme weather.
Type of RiskRisk Description and ImpactOur ResponseAcute risks
Physical
risks
Chronic risk
Policy risks
Technology risks
Market risks
Reputation risks
Frequent extreme weather, such as extreme heat, extreme rainfall,typhoons and floods, may reduce soil productivity, have a great impacton agricultural production and harvest, and cause supply and pricefluctuations of major beer raw materials such as barley; at the sametime, it may lead to our loss from production operation and logisticstransportation interruption, and the increase in the cost of maintainingwarehouse infrastructure.Chronic risks such as average temperature rise caused by climatechange may reduce soil productivity, have a great impact on agriculturalproduction and harvest, and cause supply and price fluctuations of majorbeer raw materials such as barley, resulting in reduced operating incomerisks.International and domestic regulatory agencies, capital market ratingindexes and other requirements for the disclosure of corporate environment-related data continue to increase; and, to cooperate with the implementationof carbon trading, the government has increased the requirements on theaccuracy of carbon emission data reporting by enterprises. Failure to discloserelevant environmental information in a timely manner in accordance withrelevant laws, regulations and policies may lead to the compliance risk.Technological improvements or innovations that support the transition toa low-carbon, energy-efficient economic system may influence businessoperations. On the one hand, we need to pay attention to the impact ofwater resources, energy and other usage conditions on costs, which maylead to an increase in compliance and operating costs. On the other hand,failure to invest in or develop new low-carbon technologies will lead tothe risk of financial loss.Change in consumer behavior, uncertainty in market signals, and increasein raw material costs lead to potential market risk. If consumers' demandfor low-carbon/energy-saving products is increasing while we cannotinnovate in time to meet consumer demand, it will lead to the risk ofreduced operating income.Shift in consumer preferences on perceptions of corporate climatemanagement, increased stakeholder concerns, or negative feedbackbased on insufficient efforts to tackle climate-related issues (e.g., failureto achieve the goal of reducing carbon emissions).
Development of emergency plans
Climate Change Risk Identification and Response
Transitionrisks
High water risk assessment strengtheningSustainable agriculture promoting
Regular inspection and early warning
Continuing to track green and low-carbon policies, including carbon pricing policies, fora timely study and analysis of policies released, and strengthening the communication with regulatoryauthorities and stakeholders to actively respond to the demands of stakeholders;
Exploring climate-friendly regenerative agriculture program,requiring suppliers to have sustainable forest and other conservation certifications, and strengthening localprocurement of raw materials to ensure supply chain stability.
Policy trackingSustainable agriculture promoting
Giving priority to the purchase of energy-saving equipment as guided bythe energy-saving fridge project, and using HFC-free refrigerants and energy-saving refrigerators. Carryingout energy-saving renovation for existing equipment, such as repairing old equipment and strengthening theinsulation of equipment;
Researching and developing low carbon solutions toreduce the carbon intensity of business operations and provide customers with products and packaging witha lower carbon footprint;
Ensuring the legality and compliance of cost information disclosure;Actively responding to climate change, consciously promoting the low-carbon image of theCompany, and improve our green reputation;
Improving the production efficiency through technical transformation andimproved management measures, and keeping tracking the development of new energy technologies.
n response to consumer demands, corresponding countermeasureshave been taken to meet customers' expectations and take into account their preference factors.
Paying attention to the risks caused by climate change, ensuring that the risks arecontrollable to avoid the negative impact of risks on the corporate image.
Energy saving transformation
Development of low carbon products/packaging
Compliance disclosureGreen claim
Efficiency improvement
Responding to customer expectations
Risk control
Chongqing Brewery Environmental, Social & Governance Report
Progress in 2024
StatusPlanned Actions for 20252030 Targets 2040 Targets
Implementation of energy-savingtechnological transformation projects,including the application of dynamic low-pressure boiling, comprehensive thermalenergy utilization and boiler efciencyimprovement, to effectively reduce carbonemissions
Done
Launch pilot zero-carbon footprint breweries,
and comprehensively use energy storage,electric boiler, heat pump, biomass boiler andother technologies to promote the progress of
ZERO Carbon Footprint
ZERO carbon emissions at our breweries30% reduction in value chain carbon emissionsAll renewable electricity must come from newassets (e.g., via power purchase agreements)
Net ZERO value chainIncrease in the proportion of electric forklifttruck used to 82%, and launch of greenlogistics and transportation project
Done
Continue to promote the electrication of our
logistics eetsProcurement of approximately 11,853 energy-saving fridges in 2024, reducing nal energyconsumption by 10%
Done
Increase the number of new refrigeratorspurchased with environmentally friendly
refrigerants
OUR TARGETS & PROGRESSWe have developed a systematic target tracking and improvement mechanism to monitor the progress towards goals and take special improvement actions. In 2024, we gradually promoted the ZERO Carbon Footprintinitiative by continuing to implement energy-saving technical transformation projects, heat recovery systems, biogas utilization and other measures, and plan to achieve net ZERO value chain by 2040.
Chongqing Brewery Environmental, Social & Governance Report
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https://carlsbergchina.com.cn/media/4gnhogmi/environmental-policy.pdf
ZERO FarmingFootprint
Beer production mainly relies on malt, water,hops and other ingredients, and the acquisitionof these ingredients is closely related tothe natural environment and agriculturaldevelopment. We explore and promoted theinitiatives of sustainable agriculture, and committo sustainable forest, biodiversity conservation,and the use and management of sustainableraw materials, pursuing the ZERO FarmingFootprint target that 30% of raw materials arefrom regenerative agricultural practices and aresustainably sourced by 2030 and 100% of rawmaterials are from regenerative agriculturalpractices and are sustainably sourced by 2040, toimprove the resilience of agricultural ecosystems.OUR STRATEGYWe strictly abide by theForest Law of thePeople's Republic of China, theImplementationRegulations of the Forest Law of the People'sRepublic of Chinaand other laws and regulationsand relevant local policies related to forestprotection, and strengthen the management ofsustainable raw materials to reduce the risk ofdeforestation. We also follow theRequirementson Direct Material Quality, Supplier'sRequirements on Non-contract Material Quality
and other policies of the Group, requiringsuppliers to identify each product unit and itsrelated data, and review the traceability ofsuppliers' raw materials to ensure the traceabilityof raw materials. During the reporting period, theproportion of our traceable primary materialsreached 100%.
In addition, we follow the Group'sEnvironmentalPolicy
and actively practice biodiversityconservation to reduce the impact of ouroperations on the ecological environment.
OUR ACTION
We are committed to reducing the carbonfootprint of agriculture, protecting the ecologicalenvironment, and promoting efcient use ofresources and local economic developmentthrough initiatives such as regenerativeagriculture program, waste recycling, biodiversityconservation projects and sustainable rawmaterial procurement management.PROMOTING SUSTAINABLEAGRICULTUREWe work with raw material suppliers, farmersand other stakeholders to explore and promoteclimate-friendly renewable agriculture program,actively invest in sustainable agriculture, andprotect and improve rural livelihoods and socialequity. Under the premise of ensuring productquality and production safety, the Companygives priority to green raw materials, processes,technologies and equipment, and has establisheda full green life cycle process such as productdesign, material selection, production, marketing,recycling and waste harmless disposal, toreduce raw material leaching loss, continuouslyimprove raw material production rate, andachieve efcient use of resources and minimizedenvironmental impact.
The Company improves resource utilizationby recycling brewery by-products for soilimprovement and animal husbandry. By-products such as "spent grains" and "waste yeastliquor" are treated and reused, reducing thedemand for feed and fertilizer in agriculture andanimal husbandry, thereby indirectly reducinggreenhouse gas emissions from agriculturalproduction and reducing the carbon footprintof agricultural systems. In 2024, we recycled307,000 tons of spent grains and 1.67 milliontons of waste yeast liquor.
BIODIVERSITY CONSERVATIONOn the basis of the continuous implementationof the ESG program, the Company desires tocooperate with stakeholders to carry out publicwelfare environmental protection projectsto protect the ecological environment andbiodiversity. In June 2024, we collaborated withthe World Wide Fund for Nature (WWF) toofcially launch the Yangtze River Basin WaterReplenishment Program to restore wetlandsand purify water sources in Chongqing, Yunnanand Jiangsu, to help protect and develop theYangtze River. Among them, the Kunmingproject in Yunnan province is located in XundianCounty of Kunming, aiming to improve the localwetland landscape and provide better habitatconditions for more than 80 black-neckedcranes (a rst-class national protected animaland near-threatened species according to theIUCN Red List of Threatened Species). Other
supported wetlands also play a role in controllingagricultural non-point source pollution andimproving the well-being of surrounding residents.It is expected that by 2025, the program willbe completed and continue to play a role,making important contributions to the ecologicalprotection and biodiversity conservation of theYangtze River basin. Please refer to the"ZEROWater Waste"section for cases of wetlandconservation.In 2024, our operations did not have a signicantimpact on the ecosystem and biodiversity.
In 2024, we recycledof spent grains and waste yeast liquor
Chongqing Brewery Environmental, Social & Governance ReportWusu Brewery's brewing workshop
WUSU RECYCLES
Adhering to the development model of"enterprise + brewery + farmer", WusuBrewery provides spent grains from 5breweries as feed for 60,000 local dairycows, and recycles wet yeast and dries it tomake dry yeast for sh feed and pet feedproduction, bringing considerable economicbenets to breeders, with the added valueof resource reuse exceeding RMB 10 million,playing a leading and exemplary role inadjusting the agricultural industrial structureand realizing the high-quality developmentof "three high and one excellent" modernagriculture.
ZERO
Farming Footprint
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Chongqing Brewery Environmental, Social & Governance Report
%
%
%
Progress in 2024
StatusPlanned Actions for 20252030 Targets 2040 TargetsCollaboration with WWF in local ecosystemrestoration in Chongqing, Kunming of Yunnanprovince and Changzhou of Jiangsu province,with more than 23,000 square meters ofwetland area restored and added, providingbetter habitat conditions for more than 80black-necked cranes
Done
Continue to carry out biodiversity
conservation projects
30% of our raw materials are fromregenerative agricultural practices and are
sustainably sourced
100% of our raw materials are fromregenerative agricultural practices and are
sustainably sourced100% localized procurement of main auxiliarymaterials, 50% localized procurement ofhops and 30% localized procurement of maltproducts
Done
Continue to increase the proportion oflocal procurement and reduce the carbonemissions generated by long-distance
transportation
SUSTAINABLE RAW MATERIALPROCUREMENT MANAGEMENTWe strengthen the sustainable and localprocurement of raw materials, give priority toraw material suppliers (including barley, rice, etc.)close to our breweries, sign long-term contractswith suppliers to encourage local agriculture,and actively promote local hop growing industry.By doing so, we can save water resources,agricultural land and transportation fuel, shortenthe supply distance, ensure the stable supply ofraw materials, and support the local economy.We currently have achieved 100% localizedprocurement of main auxiliary materials, 50%localized procurement of hops and 30% localizedprocurement of malt products. Packagingmaterials such as glass bottles, cartons, paperboxes, shrink lms and cans are also 100%
locally sourced. We will further increase theproportion of local procurement and reducecarbon emissions generated by long-distancetransportation.In addition, we require the base paper materialsprovided by all carton suppliers to be certied byForest Stewardship Council (FSC), Program forthe Endorsement of Forest Certication Schemes(PEFC), or the Sustainable Forestry Initiative(SFI), to maximize the conservation of forestresources. At present, our major carton suppliershave passed the ISO 14001 environmentalmanagement system certication, and some ofthem have obtained FSC certication.
Localized procurementof main auxiliary materials
of hopsof malt products
OUR TARGETS & PROGRESSWe have developed a systematic target tracking and improvement mechanism to monitor the progress towards goals and take special improvement actions. In 2024, we gradually promoted the ZERO FarmingFootprint initiative by continuing to carry out biodiversity conservation projects and increasing the proportion of domestic raw material procurement, and plan to achieve the goal that 100% of our raw materials arefrom regenerative agricultural practices and are sustainably sourced by 2040.
Chongqing Brewery Environmental, Social & Governance Report
WRAP FILM WEIGHT REDUCTION:
Wrap lm is 5 microns thinner and has beenpromoted to 19 breweries; in 2024, it was promotedto more breweries, which, except two breweries,have completed testing and successfully switchedtheir wrap lm, and it is expected to save 200 tonsof plastic lm a year.SHRINK FILM WEIGHT REDUCTION:
Shrink lm is 10 microns thinner; in 2024, DaliBrewery has completed the application test, and itis expected to save 50 tons of plastic lm a year.
330ML KRONENBOURG 1664 GLASS BOTTLEWEIGHT REDUCTION:
The glass bottle is 20g lighter, reducing the use ofglass by about 880 tons in 2024.CORRUGATED CARTON WEIGHT REDUCTION:
Corrugated carton is 30g lighter and promoted tosome breweries, saving approximately 3,800 tonsof paper; in 2024, 9 breweries completed tests, andit is expected to additionally reduce more than 1,400tons of paper annually.
ZERO PackagingWasteIn the context of global resource shortageand increasing awareness of environmentalprotection, we are facing an urgent need toreduce packaging waste and promote sustainabledevelopment. Therefore, we have established theZERO Packaging Waste ambition and solemnlycommitted to achieving 100% recyclable,reusable or renewable packaging, 90% collectionand recycling rate for bottles and cans, 50%reduction of virgin fossil-based plastic and 50%recycled content in bottles and cans by 2030.We are proactively implementing sustainablepackaging practices to reduce packaging wasteand environmental pollution through sustainablepackaging design, recycling of packagingmaterials and other initiatives.OUR STRATEGYWe are committed to promoting innovativecooperation, actively practicing the concept ofsustainable packaging, and helping the packagingmaterials to achieve green, environmentallyfriendly and lightweight development. Westrictly follow the Group'sEnvironmental Policyand work with partners to decrease packagingmaterial usage and encourage recycling andreuse. In order to lessen the potential impactof packaging on the environment, a life cycleassessment (LCA) or equivalent environmentalassessment is necessary before new packaging isput on the market. In addition, we adhere to theZERO Packaging Waste ambition through greendesign, lightweight packaging, recycling andother strategies.
OUR ACTIONThrough green packaging design, lightweightpackaging, packaging recycling and othermeasures, we improve the canning rate ofproducts, optimize packaging materials, reduceresource waste and environmental pollution, andimprove the bottle return rate and packagingrecycling efciency, so as to promote sustainabledevelopment.GREEN DESIGN OF PACKAGINGWe actively promote the green design conceptof product packaging, and use reusable ordegradable packaging materials in plastic boxes,glass bottles, pallets, barrel beers, partitions,top frames, cans, aluminum bottles and pullcap packaging. Beers are mainly contained inaluminum two-piece cans, which are small insize, light in weight and high in recycling rate,and the production energy consumption isgreatly reduced compared with conventionalglass bottle packaging. Therefore, this yearwe focused on improving the canning rate ofproducts to gradually increase the market shareof canned products. Compared to 2023, thecanning rate of our products in 2024 increasedby 15%, effectively reducing the consumption ofpackaging materials.For the outer packaging of agricultural rawmaterials, we use bulk bags made of recyclablematerials to improve transportation efciencyand reduce environmental pollution caused bypackaging material waste. For raw materialssuch as malt and cornstarch, we transport them
in bulk instead of disposable plastic woven bags.In 2024, a total of about 5 million plastic wovenbags were saved, directly reducing the use ofplastic packaging by about 500 tons, equivalentto reducing carbon emissions by about 1,500tons.We have optimized the color combinations of thelid pull ring of the can packaging, and changedmost of the can lid to environmentally friendlylid where the pull ring is integrated with the canbody to enhance the recyclability of the cans.Our Carlsberg Light series products also useCradle to Cradle eco-friendly ink labels, which ischaracterized by the use of environmentally safe,recyclable production materials and renewable
energy, reliable management of water resources,and social equity in the production process. In2024, about 440 million eco-friendly ink labelswere used.REDUCING USE OF MATERIALSWe prioritize the procurement of lightweightand recycled glass bottles and PVC-free labelsto reduce weight of all types of packaging andeffectively reduce resource waste. In 2024, wefocused on reducing weight of wrap lm, shrinklm, glass bottles, corrugated cartons, etc., andmade positive progress.
Chongqing Brewery Environmental, Social & Governance Report
GLASS DEBRISRECYCLED
We have been committed to the management ofglass debris generated in the packaging process.Glass debris is the main raw material for glassbottles, and we centrally sell the glass debrisgenerated during packaging to existing glassbottle suppliers for remelting. In addition toensuring the quality of new glass bottles, thenew glass liquid produced greatly reduce theenergy consumption required for glass bottleproduction due to the lower melting point ofglass debris, which reduces the demand forraw glass materials (such as quartz stone andalkali) from the source, signicantly reducingresource consumption and environmental burden,and further promoting the recycling of glasspackaging.In 2024, we recovered 31,346 tons of glass debris,reducing carbon emissions by approximately26,643 tons. In addition, recycling of glass debrisalso effectively reduces the glass waste intolandlls, alleviates the pressure of solid wastetreatment, protects the ecological environment,and enhances public awareness of resourcerecycling.
ZEROPackaging Waste
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Chongqing Brewery Environmental, Social & Governance Report
Chongqing Brewery Environmental, Social & Governance Report
PACKAGING MATERIAL RECYCLINGAND RECOVERYWe are committed to promoting the full recyclingand reuse of packaging materials, optimizingthe packaging mix and reducing the impact ofpackaging materials on the environment. In theproduction process, we ensure that 100% of allused and discarded waste cartons, waste pallets,waste plastic boxes, waste sacks and wasteplastic drums are recycled by local qualied third-party recyclers, supporting small and medium-sized recyclers in the communities where thebrewery operates, while effectively promotingwaste recycling.In addition, we fully recycle recyclable glassbottles, glass slag, plastic trays, plastic boxes,
partitions and barrel beers in the packagingprocess, and remelt aluminum scraps generatedin the production process to make recycled cansfor secondary use. This year, we focused onrecycling glass debris generated in the packagingprocess and selling it to glass suppliers forrecycling, effectively reducing the demand forvirgin glass materials and the consumption ofresources and energy. In 2024, we recovered31,346 tons of glass debris, 20,365.41 tons ofwaste cartons and 53,987.5 tons of other wastematerials.We carried out a number of bottle returnprojects and optimized the bottle return
network to encourage distributors to expandthe coverage of bottle return, and constantlypromote the improvement of distributors' bottlereturn performance. In 2024, our bottle returnrate increased by 3.6% compared to 2022,saving about RMB 33.90 million of recyclablepackaging.
OUR TARGETS & PROGRESSWe have developed a systematic target tracking and improvement mechanism to monitor the progress towards goals and take special improvement actions. In 2024, through green packaging design, lightweightpackaging, packaging recycling and recovery, and other measures, we continued to improve the bottle return rate and packaging recycling efciency, constantly reducing resource waste and environmental pollution, andgradually promoting the goal of zero packaging waste by 2030.Progress in 2024
StatusPlanned Actions for 20252030 TargetsRecycling of 31,346 tons of glass debrisDone
n response to consumer demands, correspondingcountermeasures have been taken to meet customers'expectations and take into account their preference factors.
100% recyclable, reusable or renewable packaging90% collection and recycling rate for bottles and cans
50% reduction of virgin fossil-based plastic50% recycled content in bottles and cans
Increase in bottle return rate by 3.6% from 2022 Done
Expand the coverage of bottle return and improve the
overall bottle return rateWe have carried out special actions focusing on reducingweight of wrap lm, shrink lm, glass bottles, corrugatedcartons, etc., and achieved positive progress.
Done
Continue to promote the packaging weight reduction project,and 9 breweries have ofcially switched to corrugated
carton weight reduction projectBy using bulk transportation instead of disposable plasticwoven bags, we saved about 5 million plastic woven bags in2024, directly reducing the use of plastic packaging by about500 tons, equivalent to reducing carbon emissions by about1,500 tons.
Done
Continue to reduce packaging use, and reduce carbonemissions generated by long-distance transportation
Chongqing Brewery Environmental, Social & Governance ReportIn 2020, the Group carried out water risk assessments and identied 17 high-risk areas, seven of which are in China, including Changzhou, Chongqing, Korla, Yinchuan, Kunming, Urumqi and Wusu.
YearUnit (hl/hl)20242.09
ZERO WaterWaste
Water is the source of life, the key to productionand the basis of ecology. As a responsible beercompany, we are well aware of the precious andlimited nature of water resources. In response tothe increasingly severe global water resourcessituation, we attach great importance to theeffective utilization and protection of waterresources. By continuously optimizing productionprocesses, improving water recycling efciencyand strengthening water-saving management,we minimize water consumption and waste,and strive to achieve the goal of ZERO WaterWaste by 2030, which includes the water usageefciency of 2.0 hl/hl in the Company, 1.7 hl/hl at breweries in high-risk areas and 100%replenishment of water usage at breweries inhigh-risk areas, to ensure sustainable use ofwater resources, contributing to environmentalprotection and long-term corporate development.OUR STRATEGYWe focus on rational use of water resources.Under the leadership of the CEO, the VPof Supply Chain is responsible for watermanagement strategy and performance.We have established a professional watermanagement team to systematically monitorand optimize the use of water resources, andintroduced advanced water-saving technologyto reduce water consumption in the productionprocess. We constantly improve the management
of water resources, continuously promote thecomprehensive control of water resources, andhave achieved remarkable results in improvingthe efciency of water use. In 2024, we savedmore than 76,900 tons of water, with an annualaverage water consumption reduced by 1.28%from 2023 to 2.09 hl/hl. The water consumptioninventory covers all our products. Currently, veof our breweries have already taken a lead inachieving our strategic goal of reducing the waterconsumption to 2.0 hl/hl within the companyby 2030. Among them, Dazhulin Breweryin Chongqing has reached 1.7hl/hl of waterconsumption, achieving the goal of reducing to 1.7hl/hl by 2030 ahead of schedule, demonstratingour commitment to practicing sustainable waterresources management.OUR ACTIONWe are well aware of the signicance of waterresources management. We are committed torealizing the efcient use of water resourcesand ecological balance in our breweries bystrengthening water resource risk management,promoting water conservation projects, improvingwater recycling efciency and launching waterreplenishment projects, so as to contribute to theprotection of water resources and the promotionof green development.
STRENGTHEN WATER RESOURCERISK MANAGEMENTAt present, the global water resources distributionis extremely uneven, and different regions ofthe world are facing varying degrees of waterpressure. To reduce the environmental impactof our operations on water resources, the
Company strictly abides by theWater Law ofthe People's Republic of Chinaand other waterresources protection laws and regulations, andcontinuously improves the water resourcesmanagement system. We regularly conductwater risk assessments, analyze the extent ofwater resource shortage, and take targetedprevention and monitoring measures to ensurelong-term water availability. We attach greatimportance to the protection of water-scarceregions. We continuously optimize water risk
management, and work with local communitiesto focus on controlling water-related risks ofbreweries located in high-risk areas
by engagingin water rights trading, water conservation andwater control, etc., to improve water risk responselevel and enhance the resilience of waterresources management.In 2024, for the seven identied high-risk areasin China, we have put into use reclaimed waterreuse projects at six breweries, and the annualweighted average water consumption per hl ofbeer produced at those breweries was 2.0 hl/hl.
Water Usage in 2024
Chongqing Brewery Environmental, Social & Governance Report
YINCHUAN BREWERY ONCE AGAIN LED THE TREND OF WATER RIGHTSREFORM IN NINGXIA AND SUCCESSFULLY COMPLETED THE SECOND WATERRIGHTS TRANSACTION
WUSU BREWERY STICKS TO GREEN BREWING AND ACHIEVES REMARKABLERESULTS IN WATER SAVING
Case
Case
Ningxia Brewery
Wusu Brewery's production line
Following the rst water rights transaction completed in 2023, Yinchuan Brewery once again joined handswith Ningxia Gongchuang Land Operation and Development Co., Ltd. in 2024. They signed a water rightstransaction agreement for 400,000 cubic meters of water usage in Helan county, Yinchuan city, with atotal transaction amount of RMB 320,000, successfully concluding the second water rights transaction.This move effectively promotes the efcient use of regional water resources, fully demonstrates YinchuanBrewery's rm commitment to corporate social responsibility and environmental protection, and sets anew model for water rights reform and industry transformation and upgrading.
Wusu Brewery in Xinjiang integrates the concept of green brewing in every link of its production,operation and development. It continuously promotes its internal ne management, introduces advancedand innovative water-saving technology, and improves its ability of water resources management throughcontinuous optimization and upgrading of production equipment and process ow. Wusu Brewery applieslow-pressure dynamic boiling process to wort pre-heating, packaging, bottle washing and other processesin the brewing workshop to reduce heat energy consumption and prevent steam overow. A secondarysteam recovery unit is also installed to recycle the steam, including water, and convert most of the heatenergy into hot water, saving about 4,000 tons of water per year.
ELIMINATING BREWERY WATERWASTEWater conservation is crucial for protecting waterresources, maintaining ecological balance andensuring the sustainable development of humansociety. We have always integrated the water-saving strategy throughout the entire productionprocess including brewing and packaging. Wehave rened the water-saving goal to eachproduction level, and effectively improved theutilization rate of water resources throughreclaimed water reuse projects, quantitative
spraying for bottles washing and other water-saving measures. We also insist on regularmaintenance and upgrading of productionequipment every year to ensure its efcientoperation and reduce waste of water resources,and are committed to promoting sustainable andhigh-quality economic and social developmentby saving, intensive and efcient use of waterresources.
Chongqing Brewery Environmental, Social & Governance ReportSmall and micro wetland project in Liangping district, Chongqing
"WATERREPLENISHMENT" WITHWWF IN THREE PLACESIN CHINAAt the 2024 Yangtze River Conservation andDevelopment Forum held in Chongqing, weannounced the launch of the Yangtze River BasinWater Replenishment Program in collaboration withWorld Wide Fund for Nature, with the rst batchof projects being wetland restoration and waterpurication in Chongqing, Yunnan and Jiangsu tohelp protect and develop the Yangtze River.Each of the three wetland projects has its own focus.The Yunnan project, located in Xundian county,Kunming, will improve the local wetland landscapeand enhance the habitat quality of black-neckedcranes (the only crane species that lives in theplateau region all its life in the world). The Chongqingproject puries domestic sewage by renovatingand constructing new wetlands in Liangping districtand Chengkou County. The Jiangsu project focuseson improving wetland biodiversity and purifyingaquaculture wastewater in the Shezhu River basin.By the end of 2024, 5/6 of the projects have beencompleted. The Limnotech certied amount of waterreplenishment reached 365,000 cubic meters, andmore than 23,000 square meters of wetland areahas been restored and added. It is expected that byMay 2025, these projects will be fully completed andbegin to continuously play a role.
ZERO
Water Waste
ABOUT USSIX TTZAB AMBITIONSKEY FOCUS AREASAPPENDICESPRESIDENT'S MESSAGEABOUT THE REPORT
Chongqing Brewery Environmental, Social & Governance Report
Chongqing Brewery Environmental, Social & Governance Report
IndicatorsUnit2024Own boreholes m
324,303.00Municipal water m
5,461,339.87
Surface waterm
402,551.00Total water usem
6,188,193.87Total waterconsumption
m
6,047,607.98
Total waterconsumptionintensity
m
/RMB10,000 inrevenue
4.13
IMPROVE THE WATER RECYCLINGEFFICIENCYThe water resources recycling efciency is animportant index to measure the sustainableuse of water resources. The Company activelypromotes the recycling of water resources inmajor breweries, and continuously promotes theapplication of reclaimed water reuse system.The reuse of reclaimed water in the breweries forgreening, toilets ushing and equipment coolingcan reduce wastewater discharge and improvethe reuse efciency of water resources. This year,the reclaimed water reuse system has been putinto use in Urumqi Brewery, Wusu Brewery,Yining Brewery, Yinchuan Brewery, DazhulinBrewery, Liangping Brewery, Kunming Brewery,Korla Brewery and other breweries. In 2024, thecumulative amount of reclaimed water reusereached 225,600 tons.
Data on Water Resources in 2024
In 2024, the Company won a number ofwater-saving honors:
Carlsberg (China) Breweries andTrading Company Limitedwon the title of 2024 National "WaterEfficiency Leader"
OUR TARGETS & PROGRESS
We have developed a systematic target tracking and improvement mechanism to monitor the progress towards goals and take special improvement actions. In 2024, we continued to contribute to the achievementof the goal of ZERO Water Waste by 2030 by promoting water-saving projects, introducing innovative water-saving technologies, optimizing and upgrading production equipment and processes, and promoting watersource protection and ecological restoration.
PROTECTION AND REPLENISHMENTOF SHARED WATER SOURCESThe health of river basin ecosystems is crucial tothe sustainable development of local economyand society. We attach great importance tothe ecological environment of the river basinsin our operation areas, and are committed tojointly promoting water source protection andecological restoration through public welfareenvironmental protection projects and closecooperation with stakeholders on the basis ofcontinuous implementation of the ESG program,so as to contribute to the ecological protectionand sustainable development of the river basin.
Progress in 2024
StatusPlanned Actions for 20252030 TargetsPutting Foshan "sponge plant" into productionDone
Continue to carry out water resource risk assessment andcarry out water-saving projects for breweries in high-risk areas
Water usage efciency of 2.0 hl/hl in the Company, and 1.7
hl/hl at breweries in high-risk areasWater rights trading100% replenishment of water usage at breweries
in high-risk areas
Water saving transformation by using advanced technology,process and equipment. Over 76,900 tons of total watersaving in 2024, with an annual average water consumptionper hl of beer produced of 2.09 hl/hl, down 1.28% from 2023
Done
Carry out water rights trading.Implementation of reclaimed water reuse with total amount ofreclaimed water reuse reaching 225,600 tons in 2024
DoneContinue to invest in reclaimed water reuseWater replenishment projects in Chongqing, Yunnan and Jiangsuto replenish 365,000 m
of water in 2024
Done
Complete the Yangtze River Basin Water ReplenishmentProjects so that they can start to continuously play a role
Chongqing Brewery Environmental, Social & Governance Reporthttps://carlsbergchina.com.cn/media/js4hdoxr/marketing-communication-policy_eng_sep-2019.pdf
ZERO IrresponsibleDrinkingAs consumers pay more and more attention tohealth, the demand for healthy consumptionis growing. We have always advocated andpracticed the social responsibility of responsibledrinking, actively promoting responsible drinking,and enhancing the public's cognition andawareness of healthy drinking.As a leading beercompany in the industry, we are well aware ofthe impact of alcohol consumption on health, sowe keep innovating alcohol-free and low-alcoholproducts to meet the healthy and diversiedneeds of consumers. We focus on "no drunkdriving", "no underage drinking", "responsibledrinking" and other aspects of education andpublicity activities to guide consumers toestablish a scientic and healthy concept ofalcohol enjoying, encourage them to treat alcoholconsumption rationally while enjoying beerculture, and jointly create a civilized, healthy andharmonious alcohol consumption environment.
OUR STRATEGYWe actively respond to the country's responsibledrinking initiative, and are committed topromoting a responsible and rational drinkingculture, advocating a healthy and qualitylifestyle, and shaping a healthy and responsiblebrand image in the industry. We strictly followthe Group'sMarketing Communication Policy
,implement responsible marketing norms,resolutely resist drunk driving, underage drinkingand other improper conducts, and communicatecorrect and healthy drinking values.
Under the ZERO Irresponsible Drinking initiative,we are committed to realizing 100% coverageof responsible drinking messaging throughpackaging and brand activities, establishingresponsible drinking partnerships in 100% of ourmarkets, and upgrading 35% of our brews acrossthe globe to low alcohol or alcohol-free products(ABV≤ 3.5%) before 2030, so as to promotethe industry to achieve stable, healthy andsustainable development.OUR ACTIONBy encouraging responsible behavior toemployees and the public, and strictlyimplementing responsible marketing, wecontinuously promote the popularization ofresponsible drinking concepts, advocate a healthylifestyle, and create a better life experience forconsumers.
ENCOURAGING RESPONSIBLEBEHAVIOURTo fully protect the health and safety ofemployees and the public, the company activelyfullls its social responsibility as an alcoholenterprise by promoting a culture of responsibledrinking and safe travel. This is achieved throughinternal initiatives encouraging employees todrink responsibly and external collaborationsguiding the public towards safe driving.
We are committed to building a social consensuson safe driving, resolutely resisting drunk driving,and advocating responsible and civilized drivingamong the public. Over the years, we havecarried out "no drunk driving" campaign atthe Taihu Bay Music Festival, Xixia Star MusicFestival, Wusu Beer Music Festival and otheractivities, publicizing the importance of safedriving, enhancing consumers' awareness of safedriving, and actively advocating responsible andcivilized driving among the public.
PROMOTING SAFE DRIVINGTo deepen the construction of responsibledrinking culture within the company, we have
developed theEmployee Manual, whichexplicitly requires employees to abide by theinitiative of responsible drinking, not to drinkalcohol during work hours, and to promote thebenets of moderate drinking in communicationsthat promote beer products. We also requiremarketing-related employees to completethe study and training of theMarketingCommunication Policy
during their orientationand review it annually to form the concept ofresponsible drinking.
ENCOURAGING EMPLOYEES TODRINK ALCOHOL IN MODERATION
Responsible drinking
In 2024, Carlsberg carried out innovativecooperation with Meituan, a Chinese techretail company, to attract more consumers toparticipate in responsible drinking campaignsby leveraging Meituan's high-trafc commercialareas. Carlsberg also jointly launched a digitalactivation project with Meituan Takeaway,where consumers get the chance to learn aboutthe concept of responsible drinking by simplyscanning the QR code, creating an interactive andconvenient experience for consumers.
INNOVATIVE CROSSOVER COLLABORATION TO COMMUNICATE RESPONSIBLEDRINKING TO MORE CONSUMERS
Case
Chongqing Brewery Environmental, Social & Governance Report
Be Rational & ResponsibleNo Drinking & Driving
2024
National Responsible Drinking Awareness Week
2024“全国理性饮酒宣传周”公益作品征集大赛
"SAY NO TO DRUNKDRIVING" THEMEDNATIONAL RESPONSIBLEDRINKING AWARENESSWEEK
Since its establishment in 2015, the Alcohol andSocial Responsibility Promotion Committee ofChina Alcoholic Drinks Association has organizedthe National Responsible Drinking AwarenessWeek activities for nine consecutive yearsaround the three themes of no drunk driving, nounderage drinking, and responsible drinking. Itis committed to communicating the concepts of"be rational & responsible, no drinking & driving","care for growth and no alcohol for minors" and"drink moderately and live happily" to the publicand consumers.In this year, the Company continued toparticipate in 2024 National Responsible DrinkingAwareness Week. We invited 11 spokespersons,including Zhao Lusi, Yu Shi, GAI (Zhou Yan), andSummer (Jike Junyi), to jointly shoot initiativevideos, vigorously advocating the concept of "berational & responsible, no drinking & driving", andjointly promoting the popularization and practiceof responsible drinking culture.
ZEROIrresponsible Drinking
ABOUT USSIX TTZAB AMBITIONSKEY FOCUS AREASAPPENDICESPRESIDENT'S MESSAGEABOUT THE REPORT
Chongqing Brewery Environmental, Social & Governance Report
Chongqing Brewery Environmental, Social & Governance Report
Name of brewABV TypePlace of originChong Qing 0.0% alcohol-free beer<0.05%volAlcohol-freeChongqingWFSM lemon-avored low-alcohol beer0.6-1.5%volLow-alcoholKunming HuashiJolly Shandy lemon-avored low-
alcohol beer
0.6-1.5%volLow-alcohol
Huizhou,GuangdongWFSM peach blossom-avored low-
alcohol beer
0.6-1.5%volLow-alcoholKunming Huashi
To meet the needs of consumers for healthyand diversied products, the Company keepspromoting the innovative R&D of alcohol-free and low-alcohol beer products, constantlybroadening the category boundaries to achievea more diversied brew matrix. We launched
RESPONSIBLE MARKETING
We resolutely advocate responsible marketingbehavior, and implement strict standards andnorms for product labeling and clear messagingto ensure the rationality and compliance ofmarketing methods and contents, providingconsumers with clear, explicit and reliableproduct information, putting an end to falseinformation and misleading promotional content,and effectively safeguarding the legitimate rightsand interests of consumers.To enhance consumers' awareness of responsibledrinking, we take the initiative to give potentialrisk tips by labelling all our products with thewords "Excessive drinking is harmful to health",guiding consumers to develop the conceptof rational consumption. We also constantlyimprove the product identication system byadding "Pregnant women are prohibited fromdrinking", "Minors are prohibited from drinking","No driving after drinking" and other messageson our 100% alcohol products, and addingresponsible drinking related reminders on theproduct introduction pages on online salesplatforms, to effectively implement the principlesof responsible marketing.
In strict compliance with theMarketingCommunication Policy, we indicate the realingredient information, shelf life, alcohol content,product standard and grade on the productlabels to ensure the authenticity and accuracy of
product information, and help consumers makeinformed choices.
To further promote the construction of a healthyand responsible drinking culture, we activelyorganize campaigns such as beer festivals andmusic festivals to communicate the concept ofhealthy and responsible drinking to the publicand consumers by setting up "responsibledrinking" spots, placing innovative billboards,organizing fun games and other means, so as toenhance public awareness of responsible drinking,and enable stable and sustainable developmentof the beer industry.
CLEAR MESSAGING
INFORMATION ON INGREDIENTS
To regulate internal responsible marketingbehavior in all aspects, we constantly strengthenthe publicity and training for responsible
marketing, and require all marketing relatedemployees to complete the study and trainingof theMarketing Communication Policyduringtheir orientation, and review it annually to ensurethat the marketing content meets the standardsof the Company. We have also incorporatedtheMarketing Communication Policyinto thecooperation agreement with the distributorsand the suppliers of the Marketing Department,requiring them to strictly follow our responsibledrinking initiative in their marketing activities.
TRAINING ON RESPONSIBLE MARKETING
CAMPAIGNS ON RESPONSIBLE DRINKING
WFSM low-alcohol series in 2023 to provideconsumers with healthy and diversied choicesand meet the individual needs of differentconsumers. The alcohol-free and low-alcoholbrews that we have put into mass production andsold in 2024 are as follows:
EXPANDING CHOICE WITH NO- AND LOW-ALCOHOL BREWS
Chongqing Brewery Environmental, Social & Governance Report
"RESPONSIBLE DRINKING" SPOTS AT MUSIC FESTIVALCase
Responsible Drinking publicity spots at Xixia Star Music Festival
From July 20 to July 21, 2024, Xixia Star MusicFestival was staged in Xixia Beer Music SportsPark in Helan county, Yinchuan. Well-knownmusicians and bands including Zhao Lei, Xu Wei,Chen Chusheng and Landlord's Cat formed agroup of "stars", bringing consumers an audio-visual feast. We set a number of "responsibledrinking" spots on the scene, advocatingconsumers to enjoy music while consciouslymaintaining a healthy lifestyle, so that they drinkin moderation and put safety rst.
OUR TARGETS & PROGRESSWe have developed a systematic target tracking and improvement mechanism to monitor the progress towards goals and take special improvement actions. In 2024, we continued to promote innovative R&D of no-and low-alcohol products, further improved the responsible drinking label information, and actively participated in the National Responsible Drinking Awareness Week to contribute to the goal of ZERO IrresponsibleDrinking by 2030.Progress in 2024
StatusPlanned Actions for 20252030 TargetsIncorporation of 3 responsible drinking labels on 100%packaging
Done
Continue to promote the full coverage of responsible
drinking messaging
100% responsible drinking messaging through packaging
and brand activationsActive communication of the concept of responsible drinkingby actively participating in the National Responsible DrinkingAwareness Week in cooperation with China Alcoholic DrinksAssociation
Done
Develop consumer campaigns and expand responsibledrinking partnerships across our markets
100% of our markets run partnerships to support responsible
consumption
Launch of 1 alcohol-free beer Done
Continuously develop and launch non-alcoholic products.
100% availability of alcohol-free brews (AFBs)
Launch of 3 low-alcohol products Done
35% of our beers from the Company are low-alcohol or
alcohol-free (ABV ≤ 3.5%)
Chongqing Brewery Environmental, Social & Governance Reporthttps://www.carlsbergchina.com.cn/media/yamdawjz/health-and-safety-policy.pdf
Five major types of theLife Saving RulesLSR1LSR2LSR3LSR4LSR5Always abide by trafficrules, whether on thecompany premises or on
public roads
Always follow thelockout/tagout procedure
Never remove or damagethe safety protectiondevices of equipment orbypass the safety interlocks
Always comply withthe procedures forworking at heights
Always adhere to theprocedures andrequirements for entering
confined spaces
ZERO AccidentsCultureWe are well aware that ensuring the health andsafety of employees is the cornerstone of thesound development of enterprises, and it is alsothe bottom line that we adhere to. We adhere tothe ZERO Accidents Culture ambition by strictlyabiding by national production safety regulationsin all operations and effectively implementing theproject safety management process and normsto ensure the health and safety of breweries,warehouses, ofces, roads and other places, andcreate a safe, healthy and comfortable workingenvironment for employees. We are committedto achieving the goal of ZERO Accidents Cultureby 2030.
OUR STRATEGYWe always adhere to the core value of protectingthe health and safety of our employees, and
attach great importance to the health and safetyof our and third-parties' employees. Under theleadership of the CEO, the VP of Supply Chainis responsible for the health and safety strategyand performance, and continuous improvementof occupational health and safety management.We strictly abide by the Law of thePeople'sRepublic of China on Work Safetyand theLawof the People's Republic of China on Preventionand Control of Occupational Diseases. We, byreferring to theCarlsberg Operation Manual(COM)and theHealth and Safety Policy
, havealso formulated 63 management systems andprocedures, including theEnvironmental Healthand Safety (EH&S) Policyand theEnvironmental& Occupational Health Management Manual, tocontinuously improve the safety managementsystems, providing standardized guidelines for theCompany's safety production work. In addition,we have formulated internal management
systems such as theOccupational HealthManagement Proceduresand theEmployeeHealth and Happiness Procedures, as well as theLife Saving Rules (LSR)on occupational health,which claries safety management regulationsin ve high-risk operation types to protect theoccupational health of employees.OUR ACTION
We always put the safety and health ofemployees in the rst place. We provide asafe and comfortable working environmentfor employees by establishing a sound worksafety management system and implementingstrict occupational health and safety protectionmeasures, and are committed to creating a zeroaccident workplace to provide comprehensivehealth protection for employees.
PROGRESS TOWARDS ZEROACCIDENTSWe continuously improve our internal healthand safety assessment system, monitor andimprove the safety management level in asystematic way, implement work safety practices,keep optimizing safety emergency responsemechanism, strengthen employees' safetyawareness and ability, incorporate safety cultureinto our operations, and build a more stable andefcient work safety environment.
ZERO ACCIDENTS CULTUREBUILT BY HOLDINGSAFETY DAY ACTIVITIESFOR 14 YEARS IN A ROWWe are moving steadily towards the goal of ZEROAccidents Culture. For 14 years in a row, we insiston pressing the production pause button on theSafety Day, i.e., December 12 of each year, callingfor all employees to participate in the building ofsafety culture. On that day, we hold various onlineand ofine activities in plants and ofce areas ofall breweries, and the management takes the leadin participating in the activities at various locationsto enhance the safety awareness of employeesand create a work safety atmosphere.In 2024, with the theme of "Leading with care",we organized a series of activities such as safetylectures, driving training and practical exercises.Lee Chee Kong, president of the Company,stressed that "The core of the ZERO AccidentsCulture is people. Employees are not only thesubjects of risk prevention, but also the creators ofsafety culture."From January 20, 2024 to January 20, 2025, theCompany achieved zero accidents nationwidefor 12 consecutive months for the rst time. Thisachievement beneted from the participation ofall employees in hidden danger investigation andsafety observation, the implementation of a seriesof safety projects, and the established safetyculture that cares for and depends on each other.
ZEROAccidents Culture
ABOUT USSIX TTZAB AMBITIONSKEY FOCUS AREASAPPENDICESPRESIDENT'S MESSAGEABOUT THE REPORT
Chongqing Brewery Environmental, Social & Governance Report
Chongqing Brewery Environmental, Social & Governance Report
ISO 45001 Occupational Healthand Safety Management SystemCerticate dated 2024
The SHAPE assessment systemAs the Company's comprehensive EHS management system, the SHAPE assessment systemintegrates 63 procedures such as EHS management procedures, safety and health managementprocedures, and environmental management procedures to systematically improve the healthand safety management level of all breweries. We update and iterate the system every yearbased on actual needs, and carry out annual system audits for all breweries to continuouslystrengthen safety control.SHAPE EHS maturity assessment systemThrough the EHS maturity assessment system, we assess the maturity in four aspects: EHSmanagement system and structure, safety and health indicators, environmental indicators,and culture and awareness. In assessing the maturity of safety and health indicators, weaudit and improve the indicators such as high-risk operating procedures, trafc safety,protective measures, occupational health, basic safety, and toxic substances. Additionally, weprioritize environmental sustainability by evaluating and enhancing various safety indicators,including environmental compliance, utility consumption reduction, and the implementation ofenvironmental projects. The system claries the rating requirements of each safety indicator,and help us identify our deciencies and potential risks in EHS system management and guideus in making further improvements.SHAPE self-assessment and rectification mechanismEvery year, relevant employees are required to conduct a COM self-assessment on relevantprocedures and health and safety measures. By reviewing their own practices, facilities andequipment to ensure they meet the requirements of the mechanism, employees identify itemsthat need correcting until it is ensured that all work practices comply with our occupationalhealth and safety management system.
In strict accordance with the Carlsberg OperationManual (COM)standards, we have established asystematic and standardized SHAPE (Safety andHealth Assessment Program Excellence) systemfor the health and safety of employees. Thissystem consists of the EHS maturity assessmentsystem and a self-assessment and recticationmechanism. We also constantly optimize the EHSmanagement system of the Company accordingto the specications of the operating locations toensure the health and safety of employees.
SAFETY ASSESSMENT SYSTEM
We have organized comprehensive riskassessments and periodic reviews of all ourpositions and operations. In view of the potentialoccupational safety risks identied, we applyclassied management measures. Among them,11 types of high-risk operations must follow thework permit system; ve risks, i.e., trafc risk, riskof working at heights, hazardous energy isolationrisk, mechanical protection risk and connedspace entry risk, are included in theLSRscope;
for other identied risks such as chemical risk,ergonomics risk, cut risk, slip and fall risk, wehave developed special management proceduresfor continuous mitigation and control.We constantly promote the safety managementsystem certication of our breweries, andschedule an annual internal audit and a three-year external audit for 100% of our breweries.As of the reporting period, we ensured that100% of our breweries passed the ISO 45001occupational health and safety managementsystem certication.
%of our breweries have certified ISO45001 occupational health and safetymanagement systems
Chongqing Brewery Environmental, Social & Governance Report
Xinjiang BU's on-board transportation
100% ON-BOARD TRANSPORTATION IN XINJIANG PLANT TO IMPROVE EHS EFFICIENCYCaseIn 2024, our Xinjiang plant successfully achieved 100% on-board transportation, becoming the rstbusiness unit of the Company to achieve this goal. This initiative not only signicantly improvesoperational efciency, but also has a profound impact on health and safety.On-board transportation refers to placing goods directly on pallets for transportation and loading/unloading, avoiding the use of traditional manual handling or push and pull devices. It reducesmanual intervention, greatly mitigates the safety risk, especially in the nished product warehousingand loading and unloading link, and effectively realize the separation of people and vehicles andthe division of three zones of the nished product warehouse, ensuring the health and safety ofemployees.
Continuously strengthening work safety practicesand actively implementing a series of safetymeasures, we take comprehensive measures toensure the utmost safety and well-being of ouremployees, and continue to create a sound worksafety environment.Offering personal protectiveequipment (PPE)We implement comprehensive managementprotocols for PPEs, provide PPEs to designatedemployees, prominently display signage requiringits use in all workstations and areas, and conductperiodic inspections. We also organize relevantemployees to participate in annual safetytraining, comprehensively ensure the effectiveimplementation of safety protection measuresin the production process, and strengthenoccupational health and safety management.
Conducting safety inspectionsWe attach importance to the safety productionenvironment management of our breweries.We strictly regulate the work safety standardsof employees, and actively implement safetyinspections, safety rectication and other measures.We also carry out self-assessment of safetystandards to identify deciencies and rectifythem based on the health and safety relatedrequirements issued by SPRINT, the Group's onlinesystem. In 2024, the Company conducted 135,652on-site safety inspections at the supervisor level toimprove the level of risk control in safe productionareas. As of the end of the reporting period, theoverall self-assessment compliance rate of safetystandards reached 99.2%, of which the compliancerate of key requirements reached 98.9%.
Improving In-Plant Traffic Safety
Focusing on logistics areas, which are thehighest-risk zones within breweries with thehighest accident rates and severity, we haveimplemented the "Three-Zone Trafc Division"concept. This approach divides the brewery intopedestrian-restricted zones, vehicle-restrictedzones, and shared pedestrian-vehicle zones,minimizing the scope of shared zones as muchas possible. By applying spatiotemporal isolationrequirements and active pedestrian-vehicledefense systems, we aim to eliminate trafcsafety hazards at the source and ensure thehealth and safety of employees. The "Three-ZoneTrafc Management" has been fully implementedin the logistics areas of our breweries in China.
To achieve the ZERO Accidents Culture ambition,the Company requires the management tolead by example, and encourages extensiveparticipation by all employees. We haveestablished KPIs related to the ZERO AccidentsCulture ambition, covering all levels ofmanagement, including the CEO, VPs andGMs at each business unit. We incorporate the"ZERO Lost-time Accidents" indicator into theperformance assessment to implement the safetyresponsibility system, enhance their awarenessof safety and further lower risks in health andsafety.We adhere to a strict policy of zero tolerance forconcealment of safety incidents. Even if it is anear-miss accident, we carry out investigations asrequired, and take necessary countermeasures tomitigate and control risks and prevent accidents.To strengthen the implementation of safetymanagement, we have formulated a soundhealth and safety reward and punishmentsystem to warn and punish violations of safetymanagement regulations, and reward behaviorsthat meet safety norms. We also link thereporting rate of safety observations to individualand team incentive indicators to encourageemployees to actively identify and report safety
SAFETY PRACTICES LINKED TO EMPLOYEEPERFORMANCE
WORK SAFETY PRACTICES
hazards, pay attention to the safety of workersaround them and remind them in time, andenhance the safety responsibility awareness ofall employees and the safety culture of mutualconcern.
Chongqing Brewery Environmental, Social & Governance Report
5 breweries have had no lost-time accidents for more than 10 years16 breweries have had no lost-time accidents for more than 5 years21 breweries have had no lost-time accidents for more than 3 yearsFoshan Brewery has 2 million safe working hours, equivalent to a 100-person brewery without accidents for 10 yearsFrom January 20, 2024 to January 20, 2025, BUs nationwide achieved no lost-time accidents for 1 year for the rst time
TRANSFORMATION OF AMMONIAREFRIGERATION SYSTEMS
Through special investigation over the complianceand hidden dangers of ammonia refrigerationsystem safety in refrigeration stations, weidentied the safety risk points existing inbreweries with ammonia refrigeration stationsbuilt in early years, and, according to the COMrequirements of the Group, national ammoniarefrigeration standards and specications andspecial treatment technical instructions, etc.,we checked these breweries from four aspects:
operation, management and inspection, electricaland safety facilities, refrigeration and auxiliaryfacilities to ensure the safety and stability ofsystem operation.
To eliminate the potential safety hazardsof ammonia refrigeration stations, we haveupgraded and replaced the existing equipmentand facilities with potential safety risks suchas low pressure circulation drums, ammoniacomponents, ammonia pumps, and valvepipelines, and optimized and renovated keyfacilities, including emergency fans, ammonialeakage alarm systems, emergency lighting,double-seat safety valves, emergency ammoniadischarge ponds, spray systems, re hydrants,storage tank staircases and other facilities toeliminate various safety risks. In addition, wecarried out strict non-destructive inspection ofinternal quality of welds, pressure strength andair tightness test, vacuum test, ammonia llingtest, etc., ensuring the tightness and safety of thesystem equipment, pipeline valves, and facilities,thus reducing the probability of accidents.
We attach great importance to the cultivationof work safety culture and responsibilityconsciousness of employees. To continuouslyimprove the safety awareness and responsecapabilities of employees, we have developeda sophisticated safe production training systemaccording to laws and regulations and thecharacteristics of different posts, including 30courses covering topics such as hazardouswaste management, chemical handling andstorage, and mechanical protection safety. Asof December 31, 2024, a total of 442 managersand engineers in China had participated in EHStraining course Certied Instructor Program.In addition, we carry out targeted specialoccupational health and safety protection trainingfor people exposed to different occupationalhazards, covering basic safety and emergencyresponse orientation, personal protectiveequipment, hearing conservation, chemical
TRAINING A SAFETY-FIRST MINDSET
handling and disposal, ammonia refrigerationsystem safety and other content. During thereporting period, employee participation inthe Basic Safety and Emergency ResponseOrientation course, the Personal ProtectiveEquipment course, the Hearing Conservationcourse, the Chemical Handling and Disposalcourse and the Ammonia Refrigeration SystemSafety course reached 3,684, 3,306, 1,876, 2,555and 230 respectively.In addition, we continued to improve ourbreweries' MERP (Medical Emergency ResponseProcess), equipped all breweries and majoradministrative ofces with Automated ExternalDebrillators(AEDs), and actively conductedChina Association for Disaster & EmergencyRescue Medicine (CADERM) rst aid respondercertication training to further improve theemergency rescue ability of employees, andcomprehensively protect their health and safety.
Chongqing Brewery Environmental, Social & Governance Report
INTENSIFIED DRIVING TRAINING TO PROTECT THE HEALTH AND SAFETY OF EMPLOYEESCase
In 2024, we stepped up driving safety training for employees, with a total of 427 employeesparticipating in light vehicle defensive driving hands-on training and 213 employees completing two-wheeled motor vehicle defensive driving hands-on training. The courses were designed to enhanceemployees' driving skills and safety awareness and help them better cope with potential risks incomplex road conditions.Defensive driving training not only teaches practical skills on how to avoid accidents, but also givesemployees the ability to deal with emergencies by simulating real scenarios. Two-wheeled motorvehicle driving training specically improves riding safety and reduces the risk of accidents causedby improper operation or external interference. The training further reduces the probability of trafcaccidents while contributing to a safer work environment and community.
Organizing physical check-ups:
Based on risk types of occupational exposure required for personnel in differentpositions, we claried the occupational health check-up items that personnel ineach position need to undergo, conduct pre-job, on-job, post transfer and off-joboccupational health examination for employees in positions exposed to occupationalhazards according to relevant national laws and regulations, and provide benetssuch as preemployment and annual physical exams for all employees.Monitoring occupational hazards:
By enhancing the monitoring and evaluation of occupational hazard factors toaccurately identify occupational hazard positions and factors, we take correspondingmeasures to effectively prevent occupational diseases and reduce the risk ofoccupational hazards.Conducting health trainings:
We popularize health knowledge among employees on various topics such as rstaid, basic safety knowledge, seasonal disease prevention, health maintenance, toraise their awareness of healthy living.
Driving training
We focus on timely response and effectivemanagement of emergencies. We haveestablished a dedicated emergency responsemechanism to address work-related injuryincidents, continuously improved the quality ofthe preparation and execution of Job SafetyAnalysis (JSA) and Permit To Work (PTW), andimproved the emergency handling ability ofemployees to ensure that effective emergency
To protect the health and safety of ouremployees, we have taken the following regularmeasures:
IMPROVE THE SECURITY EMERGENCY RESPONSE MECHANISM
OCCUPATIONAL HEALTH AND SAFETYMANAGEMENT MEASURES
measures can be taken promptly in the eventof work-related accidents to fully guaranteethe safety of employees. This mechanisminvolves analyzing the causes of the accidentsand delivering effective solutions to enhanceoccupational health and safety managementwhich would avoid similar incidents fromhappening again, thus mitigating the risk offuture occurrences.
OCCUPATIONAL HEALTH AND SAFETYPlacing great importance on the occupationalhealth and safety of employees and contractors,we continuously improve the level of occupationalhealth and safety management, and activelyimplement comprehensive occupational healthand safety protection measures to ensure ahealthy and safe working environment in multipledimensions.
Chongqing Brewery Environmental, Social & Governance Report
IndicatorsUnit2024 data
Number of lost-timeaccidents of employees
/2Number of employeefatal accidents
/0Number of lost-timeaccidents of contractors
/0Number of contractorfatal accidents
/0
IndicatorsUnit
2024data
Work-related injuryinsurance premium
RMB10,000 530.83Work-related injuryinsurance coverage
%100Safety productionliability insurancepremiu
RMB10,00098.83Safety productionliability insurancecoverage
%100
Progress in 2024
StatusPlanned Actions for 20252030 TargetsISO 45001 occupational health and safety managementsystem certication for all our breweries
Done
Continue to improve occupational health and safetymanagement systems and conduct internal and external
audits on a regular basis
ZERO lost-time accidentsContinuous elimination of potential security risks
Participation in EHS training courses by a total of 442managers and engineers nationwideDoneAchieve high quality safety training for all employees135,652 on-site safety inspections by supervisory-level staff atbreweries nationwide
Done
Equip employees with protective equipment and continue to
upgrade safety facilities and equipmentIn 2024, decrease of the number of lost-time accidentsinvolving employees and contractors to 2, down 92% from2018
Done
We are well aware of the signicance of theoccupational health and safety managementof contractors. We organize all contractoremployees to participate in pre-work health andsafety training and examination regarding riskcontrol, safety inspection and special internalprocedures, and require them to completethe training in advance, ensuring they fullyunderstand and strictly implement the safetyoperation process. In addition, we are committedto continuously strengthening the safetymanagement capabilities of the contractor teamand improving the compatibility and collaborativeefciency of the contractor teams to CarlsbergEHS requirements. Additionally, we havedeveloped health and safety entry standardsfor contractor workers, management personnel,
CONTRACTOR SAFETY MANAGEMENT
and the use of production tools and personalprotective equipment. We conduct annualhealth and safety performance assessments forlong-term contractors or upon completion ofcontractor projects to ensure the work safety ofcontractors.The Company had two security incidents in 2024.To avoid the recurrence of similar accidents, wehave adopted countermeasures such as "stayfocused" communication training, risk assessmentof relevant equipment, and formulation andimplementation of special transformationprograms to strengthen employees' safetyawareness and build a strong production safetydefense line.
OUR TARGETS & PROGRESS
We have developed a systematic target tracking and improvement mechanism to monitor the progress towards goals and take special improvement actions. In 2024, we promoted the work safety culture building bystrengthening work safety and implementing occupational health and safety measures to contribute to the goal of zero lost-time accidents by 2030.
Security investment in 2024Accidents in 2024
Chongqing Brewery Environmental, Social & Governance Report
We adhere to the philosophy of green operation.While providing consumers with quality productsand services, we are committed to creating adiverse, equal and inclusive working environmentfor employees to give fully play to their talents.We also grow together with our partners toachieve mutual benefit and win-win results. Inaddition, we ensure compliance and independencein our management, and actively fulfill ourcorporate social responsibility to contribute to thesustainable development of society.
EMISSIONS MANAGEMENTPRODUCTS AND SERVICESDIVERSITY, EQUITY & INCLUSIONRESPONSIBLE SOURCINGCOMMUNITY ENGAGEMENTCOMPLIANCE MANAGEMENT
KEY FOCUSAREAS
Chongqing Brewery Environmental, Social & Governance Report
We adhere to the philosophy of green operation.While providing consumers with quality products andservices, we are committed to creating a diverse, equaland inclusive working environment for employees togive fully play to their talents. We also grow togetherwith our partners to achieve mutual benet and win-win results. In addition, we ensure compliance andindependence in our management, and actively fulllour corporate social responsibility to contribute to thesustainable development of society.
EMISSIONSMANAGEMENT
In strict compliance with theEnvironmentalProtection Law of the People's Republic of China,theWater Pollution Prevention and ControlLaw of the People's Republic of China, the
Atmospheric Pollution Prevention and ControlLaw of the People's Republic of China, theLawof the People's Republic of China on NoisePollution Prevention and Control, theLaw of thePeople's Republic of China on the Preventionand Control of Environment Pollution Caused
GB/T 24001-2016 of our
breweriesEnergy ManagementSystem certificateISO 14001:2015 Environmental Management
System Certification
In 2024, we hadany major administrative penaltiesor criminal liabilities due to pollutantemissions
No
major pollution incidents occurredNo
excessiveemissionsNo
by Solid Wastesand other laws and regulations,we strictly control emissions. We follow theCompany's Environmental Policy, which appliesto all management, employees, contractors,visitors and employees and organizationsworking in external locations. We commit tocontinuous improvement of environment-relatedstandards. We communicate and convey policiesto all in line with our strategy, vision and relatedgoals, and maintain a certied environmentalmanagement system to ensure the preventionand control of potential environmental hazardsfrom our activities.We constantly improve our environmentalmanagement systems, and actively invest inwaste gas treatment, waste water treatment,solid waste treatment and other completeemission reduction equipment to control theimpact of solid waste, waste gas and noise.We regularly carry out environmental impactassessment, and based on the assessment results,we have developed 13 internal managementprocedures related to environmental impacts,
including the Environmental Compliance, theEnergy and Water Consumption and Reduction.We regularly carry out emergency drills forenvironmental emergencies, optimize emergencyplans when necessary, and constantly improvethe ability to control emergent environmentalrisks. In addition, we have developedenvironmental monitoring programs and riskmanagement measures, and published them
of our breweries have passed the ISO14001 environmental managementsystem certification
%
on the national emission permit managementinformation platform. In 2024, we were notsubject to any major administrative penalties orcriminal liabilities due to pollutant emissions, hadno emergent major environmental incidents orexcessive emissions, and 100% of our brewerieshave passed the ISO 14001 environmentalmanagement system certication.
EMISSIONS MANAGEMENT
Chongqing Brewery Environmental, Social & Governance Report
Types of Pollutants in Wastewater and Related Data in 2024PollutantsUnitData of 2024
Ammoniatons16.36Total phosphoroustons6.06Suspended solidstons132.63COD of raw sewage from per hectoliter of beer producedkg/hl0.30Amount of sewage from per hectoliter of beer producedhl/hl0.95Average COD of raw sewageg/m
79,246.67Total sewage dischargem
2,750,942.48
WASTEWATER MANAGEMENTBased on the goal of ZERO Water Waste, westrengthen waste water management. In linewith theLaw of the People's Republic of Chinaon Prevention and Control of Water Pollution, theDischarge Standard of Pollutants for Beer Industry,and other laws and regulations, we strictly controlthe whole process of sewage treatment. Wecooperate with professional sewage treatment thirdparties and have partnered all of our brewerieswith well-run sewage treatment stations, whereautomatic monitoring facilities are installed tomonitor the discharge indicators in real time toensure that the wastewater is discharged up to
standard. We have implemented reclaimed waterreuse projects to reduce COD, odors and suspendedsolids in wastewater through advanced treatment,and reduce pollutants in wastewater. We alsotransport sewage to sewage treatment plants,which not only realizes resource utilization, butalso reduces the energy consumption of sewagetreatment in our breweries, so as to achieve awin-win situation between breweries and sewagetreatment plants. In 2024, we implemented brewingwastewater resource utilization projects in 6breweries.
SOLID WASTE MANAGEMENTIn strict compliance with theLaw of the People'sRepublic of China on the Prevention and Controlof Environment Pollution Caused by Solid Wastes
and other waste related laws and regulations,all our breweries comply with the managementregulations of local waste and garbageclassication, and are committed to reducing andminimizing waste generation, avoiding any form ofuncontrolled waste disposal and waste treatmentinside and outside breweries. We further regulatethe collection, storage and disposal managementof various wastes in the daily production processto reduce negative impact on the environment.For non-hazardous wastes, we strictly implementgarbage classication, regular recycling andtransportation at xed point to recycle and reuserenewable resources. For hazardous waste, we setthe collection range of hazardous wastes, clean up,
collect and transfer according to the classication,and store them in the hazardous waste warehouseto wait for unied treatment by a qualied thirdparty. We have also established the hazardouswaste generation ledger and transfer disposalledger to ensure its effective disposal, tracking andmanagement. In 2024, Urumqi Brewery won thetitle of "Waste-free Enterprises".In 2024, 100% of waste materials such as wastecartons, waste pallets, waste plastic boxes, wastewoven bags, waste plastic buckets used in theproduction process at our breweries were recycledby local qualied third-party recyclers. This not onlyrecycles the waste and reduces the pollution causedby landll or incineration, but also supports smalland medium-sized recyclers in the communitieswhere our breweries operate.
Chongqing Brewery Environmental, Social & Governance Report
WASTE GAS MANAGEMENTWe adhere rigorously to theAtmospheric PollutionPrevention and Control Law of the People'sRepublic of Chinaand other relevant waste gasmanagement regulations to ensure that ouremissions comply with the national and localemission standards. Carbon emissions of the beerindustry can be reduced by recycling and reusingthe waste generated in the production process.Wusu collects and puries the carbon dioxidegenerated in the fermentation process for reuse inproduction. It is estimated that 5,930 tons of carbondioxide can be recovered annually to achieveefcient recycling of waste gas. We also collectand dispose of the efuvium generated at sewagetreatment stations to ensure that its treatmentmeets the standards for effective management ofwaste gas.
NOISE MANAGEMENTIn strict compliance with theLaw of the People'sRepublic of China on Noise Pollution Preventionand Controland other laws and regulations,we have established policies such as theNoiseControl and Hearing Protection Procedure. Wefurther strengthen the prevention and control ofnoise pollution according to the noise pollutionprevention and control ideas of "source prevention,transmission control and protection of receptors".Through regular monitoring of plant boundarynoise, equipment renovation and maintenance,additional isolation protection and other measures,we effectively control the impact of noise onemployees and the communities. We also carriedout special research on packaging noise reductionto analyze the generation and transmissionmechanism of noise in the packaging process,formulate noise prevention and control programs,and target the control of noise sources.
Solid Waste Discharge in 2024TypeUnitData of 2024Total amount of hazardous waste dischargetons464.62Hazardous waste discharge density t/RMB 10,000 in revenue0.0003Total amount of non-hazardous waste dischargetons109,354.79Non-hazardous waste discharge density t/ RMB 10,000 in revenue 0.07
Urumqi Brewery gives priority to green rawmaterials, processes, technologies and equipment,and has established a full green life cycle processfrom product design, material selection, productionto marketing, recycling and waste harmlessdisposal, realizing efcient resource utilizationand minimizing environmental impact. In 2024,Urumqi Brewery was awarded the title of the rstbatch "Waste-free Enterprises" in Urumqi city. Itis our second waste-free brewery following XixiaJianiang's winning of the title of the rst batch"Waste-free Enterprises" in Yinchuan city, Ningxia.In the course of operation, Urumqi Brewery hasimplemented a series of measures to minimizewaste generation and promote waste recyclingand safe disposal, and ultimately achieved "zeroemission" or "near zero emission" of waste withinthe enterprise.
URUMQI BREWERY WON THE TITLE OF "WASTE-FREE ENTERPRISES"Case
Urumqi Brewery
15.81
40.74
1.81
Types of Pollutants in Waste Gas and
Related Data in 2024
NOx
Black smoke(dust)
(unit: t)
SOx
Chongqing Brewery Environmental, Social & Governance Report
PRODUCT QUALITYASSURANCE
On the basis of following theCarlsberg Operation
PRODUCTS AND SERVICESThe Company always regards providing consumerswith high-quality products and services as the coredriving force of enterprise development. We havebuilt a sound quality management system andimplemented strict quality control measures, ensuringthat our products meet high quality requirements. Wealso adhere to customer-centric service, continuouslyoptimize customer service system, listen to consumerneeds and actively respond to changes, andconstantly improve consumer service experience,striving to create higher value for customers.
ISO 9001 Quality ManagementSystem Certification
HACCPCertification
Notice of Qualificationfor Supervision andExamination
Manual (COM)formulated with reference to theFSSC 22000 Food Safety System Certicationand the Hazard Analysis and Critical Control Point(HACCP), we developed quality managementsystems such as theQuality Management Manual,Factory Quality Monitoring Plan, andProductionLine Self-inspection Requirements & SOP for BrewsQuality Testingto provide standardized guidelinesfor product quality standards. We also requireour breweries to conduct annual quality COMcompliance audits to ensure stable product qualitycontrol.From 2018 to 2024, the Company and its breweriesall passed the annual quality COM complianceaudits. In 2024, except one newly established plant,the Company and its breweries all passed the ISO9001 quality management system certication and
the HACCP certication.We have implemented a sophisticated qualitymanagement system that covers the entireproduction process, from manufacturing andstorage to logistics, sales, and after-sales. Bycontinuously strengthening the control of keymanagement areas, and constantly improving thestability of product quality, we are committed tosatisfying consumers' demand for high-quality beerwith better products.
of our breweries have passed the 2024Annual COM Compliance Audit
%
Chongqing Brewery Environmental, Social & Governance Report
CONDUCTING PRODUCT QUALITYTESTINGWe always adhere to high standards of qualitymanagement requirements, strictly implement theStandard Operating Procedures for Brews QualityTesting, and conduct comprehensive inspections onincoming raw and auxiliary materials, productionprocess and nished products. We set self-inspectionrequirements in each production link to ensureproduct quality in line with high quality standards.We also have established a quality monitoringprogram at our breweries to identify and managepotential risks. This includes physicochemicaltesting
, encapsulation testing
and microorganismstesting. In addition, we have set up a testing centerfor quarterly sampling inspections of beers. In2024, the center conducted sampling inspectionof beers from 26 breweries. For the 97 batches ofproducts sampled, all of them passed with a 100%qualication rate.In addition to internal inspections, we require ourbreweries to send their products to third-partyinspectors for independent external assessmentsto further ensure product safety and reliability. In2024, our breweries sent 984 batches of productsfor external inspections, and regulators randomlyselected another 52 batches on site for testing. Theresults of the inspections showed that 100% of ourproducts met the required standards.
ORGANISING BEER TESTINGS
We not only concentrate on ensuring productquality and safety, but also endeavor to provideour customers with consistently unique taste andavors. We have established a Beer Tasting Centercomposed of sommeliers, which is responsiblefor conducting monthly taste evaluations of
Sommelier Camp is an important part of our Hundred Talents Program. On November 7, 2024, the CarlsbergChina Sommelier Camp 2024 & The Second Carlsberg China Sommelier Skills Competition jointly organizedby the Company and the China Alcoholic Drinks Association had concluded in Chongqing.On the basis of the rst session, this camp adopted innovative form and content to intensively teachtheoretical knowledge of evaluation and style identication through online and ofine courses. It strengthenedthe interaction and experience sharing among participants, and cultivated their ability to troubleshoot andsolve problems in actual production. A total of 114 sommeliers from 27 breweries of the Company passed thetheoretical assessment and 14 rounds of rigorous skill assessment, and won the title of "Excellent Sommelier";the top 30 sommeliers stood out and won the title of "Expert Sommeliers".
Carlsberg China Sommelier Camp 2024 & The Second Sommelier Skills CompetitionPhysicochemical testing of beer: The process of testing carbon dioxide concentration, bubble characteristics, turbidity and alcoholcontent of beer.
Encapsulation testing of beer: The process of testing the physicochemical properties and appearance of the bottle body, labeland cap.
PRODUCT RECALL MECHANISMWe have formulated theProduct Recall
(Withdrawal) Management Procedures, andrequire our breweries to carry out product recall(withdrawal) drills on a regular basis to ensure thefeasibility and efcient implementation of the recallmechanism, ensure that defective products can berecalled promptly, and minimize the harm to thepublic. In 2024, there were no product recalls due toproduct quality problems.
our products from the breweries to ensurethe consistency of product quality and avorcharacteristics. As of the reporting period, wehave completed the taste evaluation of 607 beersamples with a 100% pass rate.
of our products inspected byindependent third-party inspectors andregulators passed the tests
of our products passed the internalquarterly sampling inspections
%
%
THE UPGRADED HUNDRED TALENTS PROGRAM UNVEILS EXPERT SOMMELIERSCase
Chongqing Brewery Environmental, Social & Governance Report
PRODUCT QUALITY TRAININGWe are committed to promoting the constructionof a corporate culture that emphasizes productquality. By integrating quality and safety educationinto employee orientation, pre-job and on-jobtraining, we have developed differentiated qualityand safety training courses for employees acrossvarious positions to enhance their quality andsafety awareness, and ensure that the concept ofproduct quality and safety is deeply rooted in theirdaily work.For our quality management personnel, especiallyquality managers of our breweries, were organizeda 2-day training session on FSSC 22000 foodsafety management system certication standards,focusing on strengthening the ability of food safetyaudit and system maintenance.For our production employees, we regularlyorganized training sessions on quality and foodsafety systems, as well as COM compliance. In2024, our breweries carried out a total of 38,466.5hours of training for 7,554 employee participations,which accounted for 100% of the total workforce.In addition, we also focus on our suppliers' productquality management and control. We implementstrict product quality audits on suppliers, andcarry out relevant training on quality standardsand food safety requirements to deepen suppliers'understanding of our product quality standards,and promote the quality management level of thewhole chain.
of quality problems and improvement plans, andtracking the improvement results to ensure steadyimprovement of product quality and enhanceconsumer satisfaction.BOOSTING SERVICE EXPERIENCEWe are committed to continuously improvingthe level of customer service. By continuously
DELIVERING HIGH-QUALITYSERVICESWe insist on starting from the actual needsof customers to establish and improve thecommunication mechanism and diversiedcommunication channels, listen attentively andrespond quickly to customer demands, effectivelysafeguard the rights and interests of customers,constantly optimize the quality of service, improvecustomer satisfaction, and create a high standardand intimate service experience for customers.EFFICIENTLY RESPONDING TOCONCERNSWe actively listen to the voices of our consumers, andsolicit their feedbacks on our products and servicesthrough various convenient channels, includingphone, WeChat, and email. We have formulatedtheCustomer and Consumer Complaint HandlingProceduresandFactory Complaint HandlingProceduresto clarify the standard requirements for thedenition, classication and evaluation of complaints.In addition, for critical customer requests, we arrangeprofessional telephone interviews to ensure thatfeedback is accurately transmitted to the relevantdepartments of the Company. Our goal is to improvethe quality of products and services continuously.In 2024, we received 208 quality and safety relatedcomplaints, and 100% of them were resolved.For different types of concerns, we have establisheddifferent procedures to handle them and developedtargeted solutions to respond. For product qualityconcerns, we have set up a collaborative controlmechanism involving quality managementdepartments of both the headquarters and relatedbreweries. The breweries are responsible for producttesting and implementation of special improvementactions, while the headquarters is responsible forregularly coordinating the integration and summary
Through the launch of customized packagesdesigned for festivals, artistic and innovativepackaging and other ways, we meet thediversied consumer demands in themarket, while bringing consumers a surpriseexperience, deepening brand impression, andenhancing market awareness.
Create surprise experience
We have built an efcient and exiblemember center that can be quickly iteratedand adjusted for market needs by "oneQR code for one product + Mini Program"approach. We continuously promote brandmarketing activities through channels suchas our ofcial WeChat account, ofinematerials, and ofcial Weibo account. In theMini Program, we have set up an incentivemechanism of points and red envelopesto encourage consumers to scan the codesand interact with us, thus deepening ourconnection with our core customers.
Improved member interactionexperienceWe continue to expand sales channels,establish strategic partnerships withmainstream e-commerce platforms such as JDSupermarket and Meituan Flash, Optimizingthe instant retail model, and enhanceconsumers' convenient shopping experience.
Expand online sales platforms
Using scenarios such as immersive artexperience halls, pop-up stores, ofinetasting sessions during specic periods, weprovide consumers with immersive interactiveexperience and rich and interesting productexperience.
Create an immersive consumerexperience
optimizing the digital marketing experience andexpanding various online and ofine interactiveactivities, and other means, we deepen thecommunication with consumers, promote theclose connection between brands and consumers ,enhance brand inuence and customer loyalty, andcreate a more competitive market reputation.
of production employees receivedtraining on quality and food safety
%
Chongqing Brewery Environmental, Social & Governance Report
PROMOTING THE INTEGRATION OF TWO INDUSTRIES
We always pay attention to consumer trends and are committed to innovative consumption scenarios to provide consumers with more choices. We constantly expand the new retail business for beer, deeply integrate beer withcatering services to further broaden the consumption scenarios and enhance the inuence of beer culture, providing consumers with a more immersive drinking experience in diversied scenarios.In recent years, we have successively opened Jing-A Brewing Co., Wusu BBQ and Hou Hot Pot Cooperative Stores, providing consumers with a rich and multi-layered service experience with a variety of formats while enhancingbrand penetration.
On November 22, 2024, Wusu BBQ Night Snack City jointly created by Wusu and Sichuan Yiqi DakaoCatering Management Co., Ltd. was grandly unveiled in Zhangjiaxiang, Chengdu. "Cheers to Wusu, Late NightChengdu" perfectly combines Chengdu's late night food culture with Wusu beer, providing consumers with animmersive brand experience, strengthening the brand recognition of hardcore Wusu, and injecting new vitalityinto Chengdu's food culture and cultural travel life.
From October 25 to 27, 2024, the 9th China (Chongqing) International Hot Pot Industry Expo was heldat Chongqing Yuelai International Expo Center. As a co-organizer, Chong Qing Brewery joined hands withChongqing Hot Pot Expo to create an immersive "hot pot + beer" consumption scenario, bringing customers anovel experience combining sight and taste.Chong Qing, as the only designated beer at the hot pot banquet site, provided full alcohol support. A "hotmonth team" was assigned to assist in the innovative experience of "hot month custom" by guiding consumerson site to play nger-guessing game, draw lots, play chess, presenting a series of Chong Qing beer exclusive"hot month gifts", and offering a one-stop "eat, drink and play" consumption experience. Chong Qing iscommitted to building "Chongqing hot pot with Chong Qing beer" into a Chongqing food culture phenomenon,to inject new vitality into the development of Chongqing hot pot industry.
Wusu BBQ · Chengdu Night Snack CityChongqing Hot Pot Expo
WUSU BBQ · CHENGDU NIGHT SNACK CITY OFFICIALLY OPENED
CHONGQING BREWERY CO-ORGANIZED CHONGQING HOT POT EXPO TOINTEGRATE 'HOT POT + BEER' SCENARIOCase
Case
Chongqing Brewery Environmental, Social & Governance Report
DIVERSITY, EQUITY & INCLUSIONEmployees are the core driving force for thesustainable development of enterprises. Weadvocate the concept of diversity, equity & inclusion,respect regional cultural differences, and arealways committed to building an equal and openwork platform. Through continuous improvementof the talent development system, we providemultidimensional growth paths for employees, andrealize the two-way empowerment of personal valueand enterprise development. We will continue to focuson employee growth, build a dynamic and innovativeteam, and lay a solid foundation for the sustainabledevelopment of the Company.
EMPLOYEES RESPECTINGAND BLENDINGWe take a global perspective, diverse talent pool,inclusive leadership and equal opportunities as our
Diversity, Equity andInclusion (DEI)With a clear DEI roadmap, we strive to enableevery employee to display their talents and feela sense of belonging and personal value in theirwork. We continuously optimize managementmethods by actively creating an open andinclusive working atmosphere, fully mobilizing theenthusiasm of employees, constantly improvingorganizational effectiveness, and creating a good
To pay tribute to the multi-faceted charm andunlimited potential of women, we invited sevenfemale brewers to create a craft beer that paystribute to women - rose sea salt avor craft beer.We gave this product as a gift to every femalecolleague in the Company. This product interpretsthe multifaceted nature of women with bothtenderness and strength with the mouth feeling of"salt and sweet", demonstrating that the Companybreaks the professional gender bias to build adiverse, equal and inclusive culture, provide moreplatforms and opportunities for women, andtogether brew a better today and tomorrow.
environment for the growth of employees andthe development of the Company. The Companyhas won the "DEI Employer Award" issued byinternationally renowned research institutions fortwo consecutive years, and its ranking among thetop 100 enterprises in China has risen from the sixthplace in 2023 to the fourth place in 2024.
core to promote the corporate vision of diversity,equity & inclusion. Following theHuman RightsPolicy
, theDiversity and Inclusion Policy
, theLabor Rights Policy
and other policies released bythe Group, we create a diverse and inclusive workenvironment for employees.We have been hiring and promoting employeesbased on their values and work performance, andstrictly prohibit any form of discrimination, biasor harassment based on race, religion, disability,gender, marital status, age, social status, nationalorigin, sexual orientation or any other factors thatshould not be considered according to local laws.Building on the employer value of "Something'sBrewing", we actively promote the employer brandthrough multiple channels and ways to continue toattract talented people and build a diverse talentpool.Carlsberg's Employer Value
https://carlsbergchina.com.cn/media/3qrdy11t/labour-human-rights-policy_eng_sep-2019.pdf
https://carlsbergchina.com.cn/media/aymdlgxh/diversity-inclusion-policy_carlsberg-group.pdf
https://carlsbergchina.com.cn/media/3qrdy11t/labour-human-rights-policy_eng_sep-2019.pdf
International Women's Day SpecialPurposePride
Performance
We lookback to moveforward
We proudlytrust ourbrands
We go aboveand beyond
INTERNATIONAL WOMEN'S DAY SPECIALCase
Chongqing Brewery Environmental, Social & Governance Report
We always value the diversity and inclusion ofour talent team, and are committed to attracting,selecting and developing talents with outstandingexpertise through diversied recruitment channelsand strategies. In 2024, we continued to exploreour diversity initiatives such as campus recruitment,localized recruitment and recruitment of peoplewith disabilities, further demonstrating our socialresponsibility and commitment to inclusivedevelopment.Cooperation with colleges and universities:
We work closely with colleges and universitiesto provide clear career development support forstudents of different educational backgrounds andmajors, including resume guidance, career guidance,event sponsoring and internship base building. Wealso provide fresh graduates with employmentadvice from our senior executives, and co-createtalent development courses with key universitiesto help students plan career paths, so as to reservehigh-quality future talents.
Localized recruitment:
To enhance localized recruitment, our breweriesand sales regions provide job opportunities to local
Female recruitment:
We particularly initiated the Female RecruitmentMonth to focus on women's employment andprovide more career development opportunities forwomen. Through public welfare livestreaming andother initiatives, we are committed to eliminatinggender bias in the workplace and supportingfemale employees to realize self-fulllment in theworkplace.
Gender representation:
We are committed to building an equal andinclusive workplace for our employees and have seta clear goal that by 2030, our female employeeswill hold one third of management positions atmiddle level and above. We always adhere to theprinciple of equal employment between men andwomen, with particular focus on the proportion offemale employees in recruitment, promotion anddeparture, and dynamically monitor the proportionof female employees at all levels through monthlyanalysis and evaluation. In case of data anomalies,we promptly take management measures topromote gender diversity in the workplace,endeavoring to enable every employee to displaytheir talents and feel a sense of belonging andpersonal value in their work.
Recruitment of people with disabilities:
We have long focused on employment equality forpeople with disabilities. By establishing customizedrecruitment processes and job orientation, wecontinue to provide job opportunities for people withdisabilities. This initiative not only demonstrates oursocial responsibility, but also further enriches thediversity of our corporate culture.
DIVERSE RECRUITMENTA
Percentage offemale employees
29.63
%
Percentage of female employees inmiddle-level and above managementpositions
28.8
%
Talent development course in collaboration withJiangnan University
Delegation of Chongqing Vocational and TechnicalUniversity of Mechatronics visits our plant
Female employment themed public welfarelivestreaming
IndicatorsDataTotal amount of hazardous wastedischarge
32%
Percentage of female employeesin management positions
29.49%
Percentage of female employeesin revenue-generating positions
13.8%
Percentage of female employeesin STEM positions
26.2%
Female Employees in 2024
residents through local job websites, governmentjob fairs, local talent exchange centers, recruitmentevents and other channels.
Chongqing Brewery Environmental, Social & Governance Report
Carlsberg People Growth Framework
EMPLOYEE TRAININGWe regard the learning and development ofour employees as the core driving force for thecontinuous progress of the Company. In the faceof the rapidly changing market environmentand technology innovation, we provide allemployees with extensive and in-depth learningopportunities online and ofine to help themgrow with the Company.In 2024, we provided employee training for over250,000 hours, reaching 100% of our employees.In terms of online learning, in the second half of2024, we comprehensively upgraded our internallearning platform "Carlsberg Learning" andestablished 11 academies, covering many eldssuch as professional skills, management andleadership, and workplace general abilities. Theplatform offers a wealth of internal and externalcourse resources, with a total of more than 2,500courses available online to meet the diverselearning needs of employees. Digital learninghas become an important engine for employeegrowth.Ofine learning has also achieved remarkableresults. We organized a number of professionalskills training sessions for different positions,cross-departmental training camps andworkshops, which not only deepened employees'mastery of professional knowledge, but alsoimproved the efciency and cohesion of teamcooperation. In terms of leadership training,we invited senior experts in the industry toprovide face-to-face guidance, and trained agroup of outstanding executives to becomeinternal lecturers, sharing excellent managementexperience and practice, and helping managers
EMPLOYEE CAREER GROWTHWe have developed a fair, just and open selectionmechanism for employees, taking employee values,professional competence and performance asevaluation standards for promotion. We discuss theelds for employee development and developmentplans at regular talent evaluation meetings, andencourage the healthy ow of talents within theCompany through various methods such as jobrotation and short-term assignment. In addition, wehave developed an Individual Development Program(IDP) to promptly transfer talents to open vacanciesand support the steady growth of the Company withcarefully designed talent training programs and plansat all levels.
%Employee training coverage
More than
250,000hours of employee training sessions
EMPLOYEE TRAINING ANDDEVELOPMENTWe always pay attention to the personal growth andcareer development of our employees. We constantlyimprove our talent training system to provideemployees with a variety of training resources and adevelopment space where "Something's Brewing", soas to help them explore their potential, support theirgrowth with the Company, and jointly brew for abetter today and tomorrow.
at all levels to achieve breakthroughs in corecapabilities such as strategic planning and teammanagement.We have also implemented different trainingsessions such as partner programs, mentor/coachprograms, challenging projects, benchmarkingmarket learning, short-term dispatch, andjob rotations to fully stimulate the individualpotential of each employee and help them realizetheir worth.
Talent DevelopmentProject SupportTalent PipelineDevelopment
Corporate culture ascritical foundationLearning Resources10/20/70
Chongqing Brewery Environmental, Social & Governance Report
We have developed a practical and progressivecareer development system for young talents. Ourmanagement trainee program has establisheda "10/20/70" learning framework and a growthtracking system for young talents, and offeredtraining sessions covering multiple dimensions suchas business presentation, project management,data analysis, and leadership training. We providecomprehensive support for young talents' growthin terms of career development, physical andmental health, professional competence, personalprofessional quality cultivation, etc.To enhance our appeal to Generation Z, weregularly update our employee training programs,and organize corresponding learning activitiesand workshops at the corporate level and thedepartment level according to the different learningand development stages of employees, so as tocontinuously enhance their learning motivation,improve their skills, and promote high employeeengagement. By continuously promoting trainingworkshops for managers covering topics such as
We pay great attention to employee experience. Everyyear, we organize "My Voice" employee engagementand DEI (diversity, equity & inclusion) survey to listento employee feedback. We deeply interpret the surveyreport, and formulate practical improvement measuresand action plans based on the results to constantlyimprove employee engagement. In 2024, more than6,000 employees participated in the "My Voice"survey, with a 99% response rate in Carlsberg China.The result show that the employee engagementsurvey score was 89 points, fully reecting employees'trust in and recognition of the Company.
"portraits of the new generation and their needsin workplaces" and "activating Gen Z", we helpgrassroots team managers to better understandthe younger employees and foster a diverse, equaland inclusive workplace with positive energy andempathy. We also promote exchanges amongyoung talents in various functions through regularpartner learning and sharing to strengthen theirunderstanding of the business of various functions,and foster and enhance their business insight, so asto provide more innovative ideas for the Companyfrom a more comprehensive perspective.In addition, our young talents receive one-on-oneguidance from mentors, trainers and post-speciccoaches every month, and are required to reporttheir learning progress on a quarterly and annualbasis. The mentors and post-specic coaches trackthe growth trajectory of young talents in real timeand provide suggestions based on the progressmade by young talents, job rotation plans andfuture development plans to ensure the continuouspromotion of talent training programs.
EMPLOYEE RIGHTS,INTERESTS, AND CAREAdhering to the principle of "People-oriented", wesmooth the communication channels for employees,listen to their voice and feedback, provide themwith a fair and competitive compensation system,diversied benets and comprehensive care, and helpcreate a good workplace culture atmosphere.EMPLOYEE RIGHTS AND INTERESTSWe strictly follow the Human Rights Policy
issued by the Group, pay attention to thevoice of employees, and effectively safeguardtheir rights. We are committed to identifying 8potential or actual human rights issues and theiradverse effects such as forced labor, child labor,freedom of association and collective bargaining,discrimination and harassment, the right toworking hours and rest and leisure, remunerationand benets, occupational health and safety,access to and use of drinking water, and todeveloping appropriate preventive and mitigationactions.We are committed to ZERO violation of theHumanRights Policy, such as forced labor and child labor. Wehave also opened the "Speak Up Helpline" system sothat employees can immediately report any violationsof their rights. For more information on the "SpeakUp" helpline, see the section on "Business Ethics".In 2024, no incidents of discrimination, forced labor,child labor or harassment were identied in ourbusiness operations.
EMPLOYEE ENGAGEMENTWe attach great importance to the voice of employeesand are committed to building diverse channels toachieve smooth communication between employeesat different levels. By organizing communicationactivities such as "face-to-face" forums with theleadership, HRBP interviews, line manager interviews,the Speak Up Helpline and employee communicationmeetings, we widely collect employees' opinionsand suggestions on various aspects of our work. Wealso urge relevant functional departments to respondto and implement employees' feedback in a timelymanner, fully protect employees' rights to know,participate, express and supervise, and create an open,transparent and inclusive working environment.
https://www.carlsberggroup.com/media/kibllgxo/carlsberg-human-rights-policy-2024.pdf
Young talent development program
YOUNG TALENT DEVELOPMENT PROGRAMCase
EMPLOYEE ENGAGEMENTAND DEI SURVEYCase
Chongqing Brewery Environmental, Social & Governance Report
REMUNERATION AND BENEFITSWe investigate and benchmark against FMCGindustry to establish and improve a competitiveremuneration and welfare system.By taking into account different businessneeds, we have developed monthly/quarterly/year-end bonus schemes to motivate employees tocreate better performance and get rich returns.We have also developed timely incentives,innovation incentives and other recognition schemesto reward teams and individuals with outstandingperformance.We modify employees' compensation inaccordance with market and industry trends, takinginto account their performance outcomes and thecompetitiveness of their pay.We continue to upgrade welfare care activitiesand introduce exible welfare points platform,which can give employees more choices to redeemtheir desired benets, thus improving employeehappiness comprehensively.
Employee engagementsurvey score was
points
%
In 2024,the employee engagement surveyresponse rate reached
Process and measures to improve employee engagement
As a tool of our "continuous listening" strategy, "My Voice" survey isconducted once a year to continuously listen to the concerns of ouremployees."My Voice" survey
Team leaders understand and analyze the concerns of their teammembers in regular surveys and share the results with employees.Make employees feel valued and appreciated by listening continuouslyto them.Report interpretationand sharing
Team leaders preside over and conduct ongoing conversations aboutfeedback and improvement actions. Employees get involved in thedecision making of improvement measures and together improve theirexperience in the organization.Development ofaction plan
Team leaders include a review of the implementation of the actionplan in the team meeting to follow up on each detailed implementationstep. Team leaders and team members celebrate important milestonestogether at the same time, recognizing efforts and successes.Continuousfollow-up
Chongqing Brewery Environmental, Social & Governance Report
Healthy Welfare
Additional business insurance covering travel, accident, life andmedicalPhysical examination
Benefits in PointsFlexible welfare points
Benefits in Kind
Holiday money or giftsWelfare liquorUnion gift benets
Work-life Balance
Extra company leaveXinjia hotlineHappy hour activitySports clubMeal (canteen) benetsBeer tasting event
Employee Welfare
In Carlsberg China, we combine employee care with our brand culture through regular "Happy Hour" initiatives.These initiatives are themed around our brands and enable employees to have an in-depth understanding of ourbrand culture and enhance their sense of identity through tasting, brand story sharing and other forms. Moreover,the rich dining options and interactive games stimulate their enthusiasm, and provide them with a relaxedexchange platform, thus promoting cross-departmental communication and collaboration.The "Happy Hour" event has been well received by employees since its introduction, with participation ratecontinuously increasing. It not only relieves work stress, but also enhances team cohesion and the sense ofbelonging, creating a more positive and dynamic work environment for employees.
EMPLOYEE CARE ACTIVITIESWe always put the experience and feeling ofemployees in the rst place. We are committed todelivering humanistic care, and creating a warm,comfortable and valuable working environment foremployees. Each of our business units is equippedwith labor unions to comprehensive safeguard therights and interests of our employees and keepcommunication with them. We organize a variety ofactivities to provide every employee with a platformto give full play to their potential.We also place great importance on the mental healthof our employees. Since 2018, we have partnered withprofessional psychological counselling institutions tolaunch the Xinjia program, an employee care program,which provides diversied mental health activities,
daily psychological counseling and professionalcounseling services to help employees effectivelyregulate their emotions, relieve strain from both workand life, guide them to work in a more positive state,and continuously improve their workplace experienceand sense of happiness.We will further deepen our employee care initiativesto create a more inclusive, supportive and dynamicworking environment for our employees and helpthem grow together with the Company.
The benets above may vary depending on the location of the business unit.
HAPPY HOUR COMBINES EMPLOYEE CARE WITH BRAND CULTURECase
Chongqing Brewery Environmental, Social & Governance Report
RESPONSIBLE SOURCINGWe are committed to establishing long-term stable,mutually benecial and win-win cooperation withthe supply chain. We integrate the concept ofsustainable development into the whole processof supply chain management, and continuouslypromote the collaborative development withsuppliers to jointly build a high-quality sustainableand responsible supply chain.
STANDARDISING SUPPLIERMANAGEMENTWe strictly implement the Group's suppliermanagement regulations, including the
Requirements on Direct Material Quality, theSuppliers' Requirements on Noncontact MaterialQuality, and theSupplier and Licensee Code ofConduct
, and we have formulated theChongqingBrewery Co., Ltd. Procurement Policyto improvesupplier management system. In 2024, wepartnered with a total of approximately 5,000suppliers, including approximately 900 newsuppliers.We follow the principles of open, fair and impartialprocurement and standardize the managementof key nodes such as procurement processand supplier selection, evaluation, inspection,rectication, and exit. For suppliers in our database,
we adopt a hierarchical and classied managementmethod and conduct annual performanceevaluations, covering dimensions such as on-time delivery rate, quality acceptance rate, servicequality, pricing, and safety compliance. Supplierswith annual performance review score below 80will not be partnered for the following year.We conduct regular quality and food safetyaudits on key suppliers. We conduct on-sitecommunication and training on quality and foodsafety related requirements, offer root causeanalysis (RCA) based on audit ndings, anddevelop and implement corresponding correctivemeasures to ensure the food quality and safety of
suppliers. For suppliers that fail the audit, we requirethem to improve and be re-included in the databaseafter meeting the requirements. For suppliers thatcontinue to perform poorly, we eliminate themaccording to corresponding regulations. To ensurethe stability and continuity of the supply chain, weregularly assess the supply risk of key materialson a monthly basis, and implement correspondingrisk avoidance measures for materials with supplyrisks, and regularly track their implementation. Inaddition, we regularly review key suppliers and stoppartnering with high-risk and highly dependentsuppliers.
2024 Outstanding Supplier Awards ceremonyhttps://carlsbergchina.com.cn/media/trpbbw4j/slcoc-v-2019.pdf
Chongqing Brewery Environmental, Social & Governance Report
PROMOTINGRESPONSIBLEPROCUREMENTWe enter into agreements with our suppliers,includingCarlsberg Supplier & Licensee Code ofConductand theBusiness Service Safety Code ofConduct, to clearly dene their code of conductregarding environmental sustainability, laborand human rights, health and safety, businessethics and other aspects, and effectively promoteresponsible sourcing. We place great emphasis onthe product quality and food safety of our suppliers,and require them to establish quality managementsystems in accordance with the requirements ofISO 9001 standards. In 2024, 100% of our majormaterial suppliers were certied to the ISO 14001environmental management system and the ISO9001 quality management system.We place a strong emphasis on fostering andenhancing the capabilities of our suppliers.Through close collaboration with all stakeholdersin the supply chain, we advocate for and providetraining in food safety, quality management,and sustainable development to our suppliers.This proactive approach aims to address issuespertaining to food safety and quality assurance,thereby contributing to the establishment ofa stable, efcient, and high quality industrialsupply chain. In 2024, we provided approximately4,800 hours of training on health, safety andenvironmental protection to our suppliers.In addition, we run a supplier ESG program andactively promote supplier participation in Sedexcertication.
In December 2024, we held a supplier conference to recognize outstanding suppliers, and packaging materials/raw materials supplierswere invited to discuss and exchange ideas on environmental protection and green development.
of our major material supplierswere certified to ISO 14001
of our major material supplierswere certified to ISO 9001
%
%
In April 2024, we participated in the technical exchange activities of packaging material suppliers to explore environmentally friendlypackaging solutions;In September 2024, we exchanged ideas with carton suppliers about the development trend and opportunity of carbon neutrality inpackaging paper;
Chongqing Brewery Environmental, Social & Governance Report
COMMUNITYENGAGEMENTWe take the initiative to practice corporate socialresponsibility, and make contributions to a varietyof disciplines, including education development andcommunity public welfare initiatives. In addition,we actively participate in charitable donations, andcall on employees to actively participate in publicwelfare activities and jointly fulll corporate socialresponsibility.
In 2004, Chongqing Brewery Yibin Branch, together with the Communist Youth League Yibin Municipal Committee,launched the Chongqing Brewery Student Financial Assistant campaign, which has lasted for 21 years. A total ofRMB 3.86 million has been donated to support 1,886 university freshmen with excellent academic performancebut poor family, providing solid support for their smooth entrance into university. At the 21st Scholarship AwardingCeremony, 40 freshmen received a total grant of RMB 200,000.
Actively exploring the integration of industry and education, the Company has deepened cooperation withJiangnan University to jointly promote talent training and industry innovation and development. In 2023,the Carlsberg Beer Flavor Tasting Laboratory unveiled in Jiangnan University to enable basic research andeducation construction of the university. In 2024, the Company set up Carlsberg Scholarship in JiangnanUniversity for the second year in a row, supporting 36 excellent students with a total amount of RMB 150,000,and contributing to the high-quality development of the brewing industry.
SUPPORTING EDUCATION
We support the development of education.Through student nancial assistant campaign, weprovide educational resources and developmentopportunities for college freshmen with nancialdifculties, helping them realize their personal valueand make positive contributions to the community.
Scholarship awarding ceremonyThe 2nd Carlsberg Scholarship Awarding Ceremony of Jiangnan University School of Biotechnology
CHONGQING BREWERY'S 21-YEAR STUDENT FINANCIAL ASSISTANT CAMPAIGNCase
INDUSTRY AND EDUCATION INTEGRATION TO PROMOTE THEINNOVATIVE DEVELOPMENT OF THE BREWING INDUSTRYCase
Chongqing Brewery Environmental, Social & Governance Report
COMMUNITY CAREWe actively participate in community public welfareactivities and construction, carry out sympathyand donation activities to the relevant units in thecommunity, and repay the society with practicalactions and convey goodwill and love.
CULTURALCOMMUNICATION
We always take brand gene and differentiatedvalue as the core to build a communication systemthat is more in line with the emotional resonanceof Chinese consumers. By exploring the culturalessence of different regions, we skillfully integrate
On March 22, 2024, the Company, joining hands withthe Women's Federation of Quannan county, held the"Healthy Mother Express" donation ceremony at theGuangzhou head ofce, donating RMB 138,000 toimprove the health status of women and children inQuannan county and boost rural revitalization."Healthy Mother Express" project provides cervicalcancer and breast cancer screening and maternalhealth services for women and children in Quannancounty through free clinic, health education andscreening services, effectively improving the levelof primary health care and ensuring the safety ofmothers and children.This project ensured health and well-being of womenand children in Quannan county, and also injectednew impetus to rural revitalization, showing theresponsibility and accountability of the Company togive back to the community.
The year 2024 was a year of the Wood Loong (dragon), and Carlsberg collaborated with artist Hu Yunfeng to launch a limited-edition packaging for the Chinese LunarNew Year, conveying the beauty of traditional Chinese culture through innovative design. Through artistic expressions, this design not only endows Carlsberg withprofound cultural connotation, but also spreads Chinese traditional culture to a wider range of consumer groups. Using beer as the medium, Carlsberg conveyed ChineseNew Year wishes and promoted Chinese culture, bringing consumers a dual cultural experience of vision and taste to welcome the Year of auspicious Wood Loong.
"Healthy Mother Express" donation ceremonyProduct design drawing
oriental aesthetics into product design, and continueto create a diversied marketing experience, so thattraditional culture showcases new vitality in thecontemporary context.CARLSBERG INHERITS THE CULTURE OF THE YEAR OF WOOD LOONGCaseHEALTHY MOTHER EXPRESSLAUNCHED IN QUANNAN COUNTYCase
Chongqing Brewery Environmental, Social & Governance Report
COMPLIANCEMANAGEMENTWe always adhere to the business principles ofintegrity as the foundation, always pay attentionto the risk management of the Company, andstick to the bottom line of business ethics. We keepimproving our compliance-based and effectivecorporate governance system and enhancing ourcorporate governance capabilities to ensure ourlong-term stable and sustainable development. Weendeavor to build a law-abiding, compliant,cleanand trustworthy business environment.
CORPORATEGOVERNANCESound corporate governance mechanism is thefoundation on which the Company maintainslong-term and steady development. We arecommitted to standardizing the operation ofcorporate governance, improving the transparency
of information disclosure and continuouslyenhancing the ability of risk prevention and control.By building a sound governance structure andcontinuously strengthening internal governance, weensure the Company's steady development.Effectiveness of the Board of DirectorsWe pay high attention to the effectiveness anddiversity of the Board of Directors. Our currentindependent directors have diverse professionalbackgrounds and have rich professional knowledgeand experience in law, nancial accounting,marketing, corporate management, riskmanagement and other aspects. We also activelyorganize management diversity training sessionsand internal and external meetings to promotethe stable improvement of corporate governance.In 2024, we held a total of 6 board meetings, 5meetings of the Board of Supervisors, 4 general
meetings of shareholders, 6 audit committeemeetings, 3 compensation and evaluationcommittee meetings, 1 strategy and developmentcommittee meeting, and 5 independent directors'meetings.After disclosure of each periodic report, theCompany held an open performance presentationacross the network in a timely and effectivemanner. It has been selected for Best Practice ofAnnual Report Presentation of the Year by theChina Association for Public Companies for twoconsecutive years.Our investor relations team maintain activeexchanges with investors by actively participatingin brokerage strategy meetings, receiving investorvisits, and participating in roadshows and anti-roadshows. We have also actively participatedin the strategic meetings organized by securities
companies in Singapore, Hong Kong (China) andother places, and maintain smooth communicationand exchange with overseas institutional investors.By holding beer tasting events for investors atJing-A Brewing Co., Wusu BBQ and other places,we enable investors to experience the combinationof beer and consumption scenarios, and have amore comprehensive understanding of our products,brand toning, and corporate strategies.The Board of Directors strictly regulates thedisclosure of the Company's information to ensurethat open, complete, transparent and effectiveinformation is provided to the capital market. In2024, the Company completed the disclosure of 4regular reports and 36 interim announcements.
In 2024, we heldboard meetingsmeetings of the Board of Supervisorsgeneral meetings of shareholders
Chongqing Brewery Environmental, Social & Governance Report
INTERNAL CONTROL AND RISKMANAGEMENT
Risk management is vital for enterprises tomaintain sustainable development. We attach greatimportance to enterprise risk management, anddeeply integrate risk management into all aspectsof our operation and business development bybuilding a systematic and normal risk managementmechanism. To ensure the effectiveness of riskcontrol, we have established four lines of defensefor risk control, namely, operations management,risk management, internal audit and externalaudit. Risk owners are responsible for reviewingand assessing the risk area in their charge on aquarterly basis, preparing risk reports to describethe status of risk control activities, verifying their
effectiveness, identifying potential high risks, andreporting quarterly to the risk management team.We have formulated theRisk Management Policy,the Internal Control Self-Assessment Manual
and other relevant systems, and taken a seriesof measures such as risk assessment, risk list andcontrol test to ensure that the Company's risks areunder control. In addition, we regularly assess ESG-related risks and develop mitigation measures toeffectively avoid and mitigate such risks. In 2024,our internal audit team conducted internal controltests on the entire business process and followed upto complete process optimization.
1,554A total ofemployees participated in thebusiness ethics training
2,282
A total ofemployees participated in theanti-corruption training
A total ofemployees participated in thecompetition law compliance training
We actively organize risk management awarenesstraining for all incumbent employees, such asinternal control framework risk training, andpersonal information protection training. In addition,we emphasize the importance of compliance toall employees, and actively organize relevantcompliance training on topics such as businessethics and code of conduct, anti-bribery and anti-corruption, and competition law compliance, withmore than 4,100 participants.
The first line of defence:
Operations ManagementThe second line of defence:
Risk Management and ComplianceThe third line of defence:
Internal AuditThe fourth line of defence:
External Audit
Operations Management: control, manage andmitigate risks, enforce controls, and be responsiblefor day-to-day internal control and related activitiesRisk Management and Compliance: monitor andcontrol risks, and verify compliance with financialpolicies, manuals and guidelinesInternal Audit: provide independent assurance andadvice on risk management and internal controlExternal Audit and Regulatory: assess the financialand regulatory compliance of risk management andinternal control
Local Responsibilities
Chongqing Brewery Environmental, Social & Governance Report
BUSINESS ETHICS"Living by Our Compass" is a core principle in ourbusiness operations. We strictly adhere to the
Company Law of the People's Republic of China,theAnti-Unfair Competition Law of the People'sRepublic of China, theAnti-Monopoly Law of thePeople's Republic of China, and other national lawsand regulations. Additionally, we abide by theCodeof Ethics & Conduct, theAnti-bribery & CorruptionPolicy
, the Third-party Screening Manual, andother rules on business ethics developed by theGroup. We have formulated a series of codesof conduct and contract templates, such as theEmployee Manual, theManual on Gifts, Banquetsand Receptions, theProduct Distribution Agreement.
These guidelines standardize the standards ofethical conduct to be observed by employees,suppliers and distributors in their business activities.We also strictly manage and supervise undesirablepractices such as anti-corruption and anti-bribery, trade sanctions and export control, unfaircompetition, conicts of interest, and informationcondentiality risks through these rules.We have established a sound business ethicsmanagement system. The Company's businessethics are supervised by the CEO and CFO, andthe senior legal director is also the chairman ofthe Company's Supervisory Board responsiblefor compliance management and reporting tothe CFO on a regular basis. Additionally, we alsointegrate anti-bribery, anti-corruption and otherbusiness ethics issues into the scope of internalaudits, to ensure the effectiveness of business ethicsgovernance system.
ANTI-BRIBERY & ANTI-CORRUPTIONWe rmly oppose any form of bribery andcorruption, explicitly stipulate that employeesare not allowed to accept any gifts or dinner
%of our suppliers had signed the agreementson business ethics
%
of our suppliers had signed the Honesty andIntegrity Agreement
In 2024, we were involved in
In 2024, we were involved incorruption or briberyincidents
judicial cases
invitations from employees and other stakeholdersin a non-disclosed and non-transparent manner.In addition, we have established the conict-of-interest declaration mechanism, and require newemployees and existing employees to ll in aconict-of-interest declaration form to minimizethe risk of damaging the Company's interests dueto conict of interest. We also deal with conictsof interest in a timely manner to effectively protectour interests. In 2024, there were 1,047 conict-of-interest declarations, a coverage rate of 100%. TheCompany did not experience any major corruptionor bribery incidents, nor was it involved in anyjudicial cases in 2024.REGULATING PARTNER PRACTICESWe encourage all external partners to participatein building and maintaining a clean and healthybusiness environment that adheres to our code ofethics and conduct. Our suppliers, licensees anddistributors are required to sign and comply withtheSupplier & Licensee Code of Conductas wellas other applicable local laws and regulations. In2024, 100% of our suppliers signed theAgreementson Business Ethics and theHonesty and IntegrityAgreement.PROTECTING WHISTLEBLOWERSWe have formulated theSpeak Up HelplineHandbookand set up various reporting channelssuch as emails, calls, and the third-partyanonymous reporting platform known as the"Speak Up Helpline" to encourage all employeesand business-related personnel to actively reportany violations of our business ethics and code ofconduct. We standardize the reporting mechanismand processing standards. After receiving a report,we ensure that our full-time investigators will be
responsible for collecting and analyzing relevantclues, and interview the whistleblower in strictcondentiality. We also strictly protect the personalinformation of whistleblowers, ensuring that theinformation is strictly condential, and that therights and interests of whistleblowers are notinfringed upon and the whistleblowers are notsubjected to any form of retaliation.RAISING AWARENESS OF ANTI-CORRUPTIONWe attach importance to cultivating employees'business ethics and take multiple measures tocomprehensively improve their awareness ofhonesty, self-discipline and law-abiding compliance.We require all new hires to complete promote the
reporting channels and procedures on businessethics and code of conduct, anti-bribery and anti-corruption, and competition compliance within30 days of joining the Company. All employees,including the management, are required to reviewthe above training courses at least once every threeyears, and some employees in key positions arerequired to undergo anti-bribery and anti-corruptiontraining once a year. We share information aboutpromote the reporting channels and proceduresour "Speak Up Helpline" through lectures, emails,computer screen savers, and the Company's intranetto encourage employees to actively participate inthe supervision and management of our operationsand to create a clean, fair and honest operatingenvironment.
https://carlsbergchina.com.cn/media/2halxquw/anti-bribery-corruption-policy_eng_aug-2019.pdf
Chongqing Brewery Environmental, Social & Governance Report
DATA SECURITY &PRIVACY PROTECTIONWe attach great importance to information securityand privacy protection, and are committed toprotecting the information security and privacyrights of the enterprise, employees, contractors,suppliers, consumers, partners and otherstakeholders.DATA SECURITY MANAGEMENT
We strictly comply with theData Security Law ofthe People's Republic of Chinaand other relatedlaws and regulations. On the basis ofIT AssetsManagement Procedures,Security SoftwareDevelopment Programand other standards forinformation security management. To build a sound
We have established a sound security management system to standardize the principles, classication, processing and protection measures regarding information recordmanagement and have developed a specic process for personal information protection. Meanwhile, we have specied rules and requirements on computer and networkmanagement, data security, and privacy protection in theEmployee Manual. Additionally, all employees are required to sign a conrmation letter of theInformation
Securityand Acceptable Use Policy and submit a receipt to ensure their compliance with the policy as our joint efforts to safeguard data security.Data securitymanagement system
We regularly invite third-party organizations with professional qualications to conduct vulnerability scanning and security assessment, timely detect vulnerabilitiesin our applications, assign corresponding risk levels, and give corresponding remediation suggestions for the potential impact of vulnerabilities.Data securityassessment
In core applications and systems design and development, we need to ensure that security controls are included to ensure the integrity, stability and condentiality of oursoftware. Secondly, we enforce strict management of user and employee data through various measures such as setting company access control permissions, settingemployee data access permissions, and setting up rewalls. At the same time, we regularly engage third-party professional institutions to conduct penetration tests onthe Company's applications, timely identify and deal with existing data security protection vulnerabilities, and form relevant security test reports. In addition, we conductsimulation and penetration tests on suppliers to regularly assess their data security capabilities to ensure compliance and security of enterprise data management.
Data protectionmeasures
To maximize the security of enterprise data, we have established an emergency response mechanism for sudden data breaches, and have formulated the Emergency Planfor Personal Information Security Incidentsand theEmergency Response Proceduresand updated them in accordance with changes in laws and regulations. In the eventof a personal information security incident resulting from unauthorized access, public disclosure, tampering or loss of information, we promptly launch an emergency plan,take necessary remedial measures, conduct detailed investigations and report the handling status to the relevant agencies to minimize the adverse impact. In the meantime,we inform consumers of the basics of the security incident and the possible impact and other information. We also regularly conduct emergency drills and training for staffin the Data Security Operations Center.Emergency responsemechanism
data security management framework, we haveformulated internal policies, such as theInformationSecurity and Acceptable Use Policy, theRecordsManagement and Personal Information ProtectionGuideline, theProcurement Process Security,among others. The Company had no securityincidents related to data leakages in 2024.PERSONAL INFORMATION ANDPRIVACY PROTECTIONWe pay great attention to the protection ofconsumers' personal privacy information. We havedeveloped and abide by thePersonal InformationProtection Policy. This policy strictly regulates
the collection and use of customer personalinformation by WeChat ofcial accounts, miniprograms, apps and other platforms, establishesclear requirements for the use of obtained personalinformation in advertising and data sharing. Weprovide consumers with customer service hotline,mailbox and other diversied feedback channelsto comprehensively safeguard consumers' rightto know and other related rights and interests, toavoid infringement of personal privacy information.DATA SECURITY AWARENESSTRAININGTo enhance the awareness of data security and
privacy protection of all employees, we require allnew hires to complete information security relatedtraining within 30 days of joining the Company andreview the course at least once every three years.Additionally, we have more strict control overpersonnel in key positions, and conduct regularinformation security education and training toenhance their awareness and skill level to protectpersonal information of employees and consumers.
Chongqing Brewery Environmental, Social & Governance Report
INTELLECTUAL PROPERTYRIGHTS PROTECTION
The brand is one of the most important intangibleassets of modern enterprises, and we highly valuethe protection of our intellectual property rights.We strictly adhere to laws and regulations such asthePatent Law of the People's Republic of China
and theTrademark Law of the People's Republicof China, have strengthened the cooperation withindustry organizations, associations, governmentauthorities and media, and joined the Beer Branchof China Alcoholic Drinks Association, the T541Standard Committee, the Quality Brand ProtectionCommittee of China Association of Enterprises withForeign Investment, and the Intellectual PropertyUnion of the Embassy of the Kingdom of Denmarkin China.We have established an intellectual propertyprotection mechanism, claried the principlesand standards for the maintenance, use, licensingand transfer, and risk prevention and control oftrademark registration, patent application andcopyright registration, and strictly standardized themanagement of intellectual property rights. In themeantime, we set up individual pioneer awards,666 golden ideas and other awards to encourageour employees to participate in the Company'sinnovation and research and development.In addition, we cooperate with third-partyprofessional organizations to monitor marketinfringements, timely detect and actively takeeffective measures to stop infringement incidents,and strive to protect the legitimate rights andinterests of our brand. In 2024, we continued tostrengthen cooperation with relevant internal andexternal parties to strengthen our efforts to combatcounterfeit and infringing products in the market.We successfully cracked down on 58 counterfeitingand infringing cases in 2024, effectively protectingour legitimate rights and interests.
In April 2024, the civil litigation case of trademark infringement and unfair competition brought by theCompany against Niaosu Beer (Nanjing) Co., Ltd. and other defendants was rated as a "typical case foroptimizing the law-based business environment" by the Supreme People's Court, and was selected as oneof the top 10 typical cases of intellectual property protection of the year by several courts. The case wasconcluded by the Jiangsu High People's Court, which found that "Niaosu" beer had infringed our "Wusu" andother trademark rights, and the packaging and decoration of "Niaosu" beer was highly similar to the overallred-can packaging of our Wusu beer, constituting unfair competition.Therefore, the court ordered Niaosu Beer (Nanjing) Co., Ltd. to stop infringing on our "Wusu" series trademarkrights, to stop using packaging and decoration similar to our Wusu products, to stop using and change itsbusiness name "Niaosu Beer (Nanjing) Co., Ltd.", to publish a statement to eliminate the impact, and tocompensate us RMB 2.08 million.This case was reported by CCTV, People's Court Daily and other mainstream media, reecting far-reachingsocial signicance. This case not only protects the legitimate rights and interests of consumers and the brandimage of our "Wusu Beer", but also highlights the Company's determination to combat brand infringement.
Cumulativeacquisition bythe end of 2024
Acquisition in
2024
Newdeclaration
in 2024Patents14354Copyrights1162828Trademarks61630111
Intellectual Property Accomplishments
News Report on Wusu VS. Niaosu Case
A VICTORY IN "WUSU" TRADEMARK RIGHTS PROTECTIONCase
Chongqing Brewery Environmental, Social & Governance Report
DISTRIBUTORMANAGEMENT
The Company has founded and has a diverserange of brands and a large sales network. Asthe backbone of the Company in the market,distributors play a vital role. We are well aware ofthe importance of maintaining good communicationwith distributors, and fully respect and recognizeevery distributor, so we are committed to buildinga solid and efcient communication bridge withdistributors, so as to ensure the quality andefciency of the sales network and the top-qualityservices to consumers.STANDARDISED DISTRIBUTORMANAGEMENTWe have established theProduct DistributionAgreementwhich we keep updating. It clearlystipulates the quality standards, expiration date,packaging, branding, business ethics and codesof conduct for our distributors. Meanwhile, alldistributors are required to sign the commitmentletter committing not to engage in any unfaircompetition in violation of laws and regulations,and to actively abiding by theProduct DistributionAgreementand the relevant requirements andprovisions of the distribution areas and channels.This ensures that distributors conform to theprinciple of fairness and justice in sales activities,effectively protects the quality of distributors'products and services, and promotes theimprovement of market competitiveness, to realizethe coordinated development of distributors withthe Company.DISTRIBUTOR ASSESSMENT
To standardize distributor management, wehave established a corresponding assessment
mechanism for distributors to be included in ourdatabase. In the performance stage, we evaluateand review the performance of distributors in fourdimensions quarterly and annually, includingbusiness performance, business capability, channelmanagement, and warehousing and logistics anddata management. For distributors with violationsand major malicious acts in the cooperation process,we immediately put them on the elimination listand take necessary measures. We aim to promotea healthy, compliant sales network with dynamicmanagement.DISTRIBUTOR ABILITY TRAININGThe support and contribution of our distributorsis also a key link in the long-term and stabledevelopment of the Company, so we attachgreat importance to maintaining efcient andclose communication with them. We implementhierarchical distributor management, and tailorbusiness development plans, training directions andcooperation strategies for distributors accordingto their categories. In addition, we continue toexpand diversied communication channels,including distributor conferences, monthly visits,and satisfaction surveys, actively understand andrespond to their needs and suggestions, and jointlydiscuss business development strategies.DISTRIBUTOR SERVICE TRAININGWe have established diversied distributorcommunication channels, including distributorconferences, monthly visits, and satisfactionsurveys. In the meantime, we also carry out avariety of special training to provide distributorswith enabling support, promote the improvement
of product and service quality to customers, andcontinue to cooperate with distributors for win-win results. In 2024, we organized 322 ofinetraining sessions for sellers and distributors, with16,236 participants; we had 137 active internalsales trainers; the average monthly activity rate at
active internal salestrainers
offline training sessions forsellers and distributors
,
participants
"Carlsberg Learning" app was 90.8%, cumulating85,033 learning hours; we launched 26 high-qualitycourses online, with 471,176 participants; we held9 livestreaming sessions, with 13,203 participants;and we organized three competitions, with 8,837participants.
Chongqing Brewery Environmental, Social & Governance Report
THIRD-PARTY COMMENTThe year 2024 saw Chongqing Brewery enteringa new stage of "Accelerated SAIL". Facing thethe complex and changing market environment,Chongqing Brewery, with the focus on the "TogetherTowards ZERO and Beyond (TTZAB)" program,systematically demonstrated its strategic layoutand obtained practical achievements in the elds ofenvironment, society and governance, sufcientlyshowcasing its leading role as the industry model.According to the ESG Report 2024, the strategicpositioning of Chongqing Brewery is clear, andits whole value chain ESG governance systemcovering the six ZERO targets including "ZEROCarbon Footprint", "ZERO Water Waste" and "ZEROPackaging Waste" is in line with the country's "dualcarbon" strategy. Chongqing Brewery achievedMSCI ESG rating jumping to AA, and also leadthe high-quality development of the industrythrough technological innovation and ecological co-construction.In terms of environmental responsibility, ChongqingBrewery uses 100% green electricity, with carbonemissions reduced by 76.7% from 2015, achievingsignicant carbon emission reduction across thevalue chain. As Carlsberg's rst "sponge plant"globally, Sanshui production base in Foshanstands at the forefront of the industry in terms oftechnology application and resource utilizationefciency, and becomes a model of greenmanufacturing.
In terms of social responsibility, ChongqingBrewery's responsible drinking initiative covers thewhole country, public welfare investment continuesto increase (such as the "Healthy Mother Express"project), employee training coverage reached 100%,and safety management system has been improved(the number of lost-time accidents decreased by92%). It is actively pursuing the "ZERO FarmingFootprint" target that 30% of its raw materials arefrom regenerative agricultural practices and aresustainably sourced by 2030 and 100% of its rawmaterials are from regenerative agricultural practicesand are sustainably sourced by 2040, so as toenhance the resilience of agricultural ecosystems.In terms of corporate governance, ChongqingBrewery's governance structure is transparent andefcient, its three-tier ESG management system(CEO - TTZAB Target Owners - ESG Owners)promises the efcient transmission from strategy toexecution, and its ESG governance structure and riskmanagement mechanism are sound, demonstratinghigh-level corporate management practices.Suggestion:
Deepen carbon emission reduction across the valuechain. Chongqing Brewery's water consumptionin 2024 was signicantly reduced, water-savingtechnology continued to take the lead, and Scope1+2 carbon emissions were signicantly reduced.Lightweight packaging and recycling efforts haveshown remarkable results. The following aspects are
suggested to be improved in the future. For instance,promote decarbonization in upstream of the supplychain; develop plans to increase the proportion ofrecycled components in cans; strengthen waterresources management and quantify ecologicalrestoration results; and promote the electrication oflogistics eets.Consumption scenario reconstruction to enhancethe differentiation of public welfare brands. It issuggested that Chongqing Brewery continue toexcavate local cultural symbols, deeply bind publicwelfare projects with regional characteristics, builddifferentiated public welfare brand image throughlimited products, cultural experience activities andother ways, and enhance consumer emotionalidentication. Collaborate with industry associations,environmental protection organizations and otherforces to design public welfare actions for issuessuch as water resources protection and culturalinheritance, and enhance the social value andindustry demonstration of public welfare projectsthrough resource sharing and joint communication.Create industry digital intelligence benchmark withtechnology empowerment. Digital intelligencehas become an important way for enterprisesto cultivate new quality productive forces. It issuggested that Chongqing Brewery build a digitalintelligence platform covering the entire value chainof raw material planting, brewing process andpackaging logistics, collect production data in realtime, introduce AI algorithms to optimize process
parameters, and achieve precise cost reduction andefciency increase.We issued theESG Disclosure Guidelines forChinese Alcoholic Beverage Enterprisesand theESG Evaluation Guidelines for Chinese AlcoholicBeverage Enterprisesin 2024 to provide standardizedguidance for the industry. In the latest ESG report,Chongqing Brewery referred to the relevantguidelines, demonstrating its excellent practicesin environmental protection, social responsibilityand corporate governance. In general, ChongqingBrewery's 2024 ESG report highlights corporateresponsibility and provides an important referencefor the high-quality development of the industry.It is expected to continue to lead the ESG practiceof the industry and drive more alcoholic beverageenterprises to promote green and sustainabledevelopment.
APPENDIX
Chongqing Brewery Environmental, Social & Governance Report
ABOUT USSIX TTZAB AMBITIONSKEY FOCUS AREASAPPENDICESPRESIDENT'S MESSAGEABOUT THE REPORT
Chongqing Brewery Environmental, Social & Governance Report
GRI INDEX
InstructionsThe Company reports the information referenced in this GRI Content Index with reference to GRI standards for the reporting period from 1 January 2024 to 31 December 2024.GRI 1 usedGRI 1: Foundation2021
| S/NIndicatorsDescriptionLocation1GRI 2:General Disclosures2/1 Organizational detailsABOUT US22/2 Entities included in the organization's sustainability re-portingABOUT US32/3 Reporting period, frequency and contact pointABOUT THE REPORT42/4 Restatements of informationABOUT THE REPORT52/5 External assuranceTHIRD-PARTY COMMENT62/6 Activities, value chain and other business relationshipsABOUT THE REPORT72/7 EmployeesZERO Accidents CultureDIVERSITY, EQUITY & INCLUSION82/8 Workers who are not employeesZERO Accidents CultureDIVERSITY, EQUITY & INCLUSION92/9 Governance structure and compositionESG GOVERNANCE112/11 Chair of the highest governance bodyESG GOVERNANCE122/12 Role of the highest governance body in overseeing the management of impactsESG GOVERNANCE132/13 Delegation of responsibility for managing impactsESG GOVERNANCE142/14 Role of the highest governing body in sustainability re-portingPRESIDENT'S MESSAGE152/15 Conicts of interestCOMPLIANCE MANAGE-MENT162/16 Communication of critical concernsABOUT US192/19 Remuneration policiesDIVERSITY, EQUITY & INCLUSION | S/NIndicatorsDescriptionLocation20GRI 2:General Disclosures2/20 Process to determine remunerationDIVERSITY, EQUITY & INCLUSION212/21 Annual total compensation ratioDIVERSITY, EQUITY & INCLUSION222/22 Statement on sustainable development strategyABOUT US292/29 Approach to stakeholder engagementSTAKEHOLDER ENGAGE-MENT302/30 Collective bargaining agreementsDIVERSITY, EQUITY & INCLUSION31GRI 3: Material Topics3/1 Process to determine material topicsDOUBLE MATERIALITY ASSESSMENT323/2 List of material topicsDOUBLE MATERIALITY ASSESSMENT333/3 Management of material topicsDOUBLE MATERIALITY ASSESSMENT42GRI 204:Procurement Practic-es204/1 Proportion of spending on local suppliersRESPONSIBLE SOURCING43GRI 205:Anti-corruption205/1 Operations assessed for risks related to corruptionCOMPLIANCE MANAGE-MENT44205/2 Communication and training about anti-corruption policies and proceduresCOMPLIANCE MANAGE-MENT45205/3 Conrmed incidents of corruption and actions takenCOMPLIANCE MANAGE-MENT46GRI 206:Anti-competitive Be-havior206/1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practicesCOMPLIANCE MANAGE-MENT | ||
Chongqing Brewery Environmental, Social & Governance Report
| S/NIndicatorsDescriptionLocation47GRI 301:Materials301/1 Materials used by weight or volumeZERO Packaging Waste48301/2 Recycled input materials usedZERO Packaging Waste49301/3 Reclaimed products and their packaging materialsZERO Packaging Waste50GRI 302:Energy302/1 Energy consumption within the organizationZERO Carbon Footprint51302/2 Energy consumption outside the organizationZERO Carbon Footprint52302/3 Energy intensityZERO Carbon Footprint53302/4 Reduction of energy consumptionZERO Carbon Footprint54302/5 Reductions in energy requirements of products and servicesZERO Carbon Footprint55GRI 303:Water and Efuents303/1 Interactions with water as a shared resourceZERO Water Waste56303/2 Management of water discharge-related impactsZERO Water Waste57303/3 Water withdrawalZERO Water Waste58303/4 Water dischargeZERO Water Waste59303/5 Water consumptionZERO Water Waste60GRI 304:Biodiversity304-1 Operational sites owned, leased, managed in, or adja-cent to, protected areas and areas of high biodiversity value outside protected areasZERO Farming Footprint61304/2 Signicant impacts of activities, products and services on biodiversityZERO Farming Footprint62304/3 Habitats protected or restoredZERO Farming Footprint63304/4 IUCN Red List species and national conservation list species with habitats in areas affected by operationsZERO Farming Footprint64GRI 305:Emissions305/1 Direct (Scope 1) GHG emissionsZERO Carbon Footprint65305/2 Energy indirect (Scope 2) GHG emissionsZERO Carbon Footprint66305/3 Other indirect (Scope 3) GHG emissionsZERO Carbon Footprint67305/4 GHG emissions intensityZERO Carbon Footprint | S/NIndicatorsDescriptionLocation68GRI 305:Emissions305/5 Reduction of GHG emissionsZERO Carbon Footprint69305/6 Emissions of ozone-depleting substances (ODS)ZERO Carbon Footprint70305/7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other signicant air emissionsZERO Carbon Footprint71GRI 306:Efuents and Waste306/1 Waste generation and signicant waste-related impactsEMISSIONS MANAGEMENT72306/2 Management of signicant waste-related impactsEMISSIONS MANAGEMENT73306/3 Waste generatedEMISSIONS MANAGEMENT74306/4 Waste diverted from disposalEMISSIONS MANAGEMENT75306/5 Waste directed to disposalEMISSIONS MANAGEMENT76GRI 307:Environmental Com-pliance307/1 Violation of environmental laws and regulationsZERO Carbon Footprint77GRI 308:Supplier Environmen-tal Assessment308/1 New suppliers that were screened using environmental criteriaRESPONSIBLE SOURCING78308/2 Negative environmental impacts in the supply chain and actions takenRESPONSIBLE SOURCING79GRI 401:Employment401/1 New employee hires and employee turnoverDIVERSITY, EQUITY & IN-CLUSION80401/2 Benets provided to full-time employees that are not provided to temporary or part-time employeesDIVERSITY, EQUITY & IN-CLUSION81401/3 Parental leaveDIVERSITY, EQUITY & IN-CLUSION83GRI 403:Occupational Health and Safety403/1 Occupational health and safety management systemZERO Accidents Culture84403/2 Hazard identication, risk assessment, and incident investigationZERO Accidents Culture85403/3 Occupational health servicesZERO Accidents Culture86403/4 Worker participation, consultation, and communication on occupational health and safetyZERO Accidents Culture |
Chongqing Brewery Environmental, Social & Governance Report
| S/NIndicatorsDescriptionLocation87GRI 403:Occupational Health and Safety403/5 Worker training on occupational health and safetyZERO Accidents Culture88403/6 Promotion of worker healthZERO Accidents Culture89403/7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationshipsZERO Accidents Culture90403/8 Workers covered by an occupational health and safety management systemZERO Accidents Culture91403/9 Work-related injuriesZERO Accidents Culture92403/10 Work-related ill healthZERO Accidents Culture93GRI 404:Training and Educa-tion404/1 Average hours of training per year per employeeDIVERSITY, EQUITY & IN-CLUSION94404/2 Programs for upgrading employee skills and transition assistance programsDIVERSITY, EQUITY & IN-CLUSION95404/3 Percentage of employees receiving regular performance and career development reviewsDIVERSITY, EQUITY & IN-CLUSION96GRI 405:Diversity and Equal Opportunity405/1 Diversity of governance bodies and employeesDIVERSITY, EQUITY & IN-CLUSION97405/2 Ratio of basic salary and remuneration of women to menDIVERSITY, EQUITY & IN-CLUSION98GRI 406:Anti-discrimination406/1 Incidents of discrimination and corrective actions takenDIVERSITY, EQUITY & IN-CLUSION99GRI 408:Child Labor408/1 Operations and suppliers at signicant risk for incidents of child laborDIVERSITY, EQUITY & IN-CLUSION100GRI 409:Forced or Compulsory Labor409/1 Operations and suppliers at signicant risk for incidents of forced or compulsory laborDIVERSITY, EQUITY & IN-CLUSION | S/NIndicatorsDescriptionLocation101GRI 412:Human Rights Assess-ment412/1 Operations that have been subject to human rights reviews or impact assessmentsDIVERSITY, EQUITY & IN-CLUSION102412/2 Employee training on human rights policies or proce-duresDIVERSITY, EQUITY & IN-CLUSION103412/3 Signicant investment agreements and contracts that contain human rights provisions or have been subject to human rights reviewsDIVERSITY, EQUITY & IN-CLUSION104GRI 414:Supplier Social Assess-ment414/1 New suppliers that were screened using social criteriaRESPONSIBLE SOURCING105414/2 Negative social impacts in the supply chain and actions takenRESPONSIBLE SOURCING106GRI 416:Customer Health and Safety416/1 Assessment of the health and safety impacts of product and service categoriesZERO Irresponsible Drinking PRODUCTS AND SERVICES107416/2 Incidents of non-compliance concerning the health and safety impacts of products and servicesZERO Irresponsible Drinking PRODUCTS AND SERVICES108GRI 417:Marketing and Label-ing417/1 Requirements for product and service information and labelingZERO Irresponsible Drinking109417/2 Incidents of non-compliance concerning product and service information and labelingZERO Irresponsible Drinking110417/3 Incidents of non-compliance concerning marketing communicationsZERO Irresponsible Drinking111GRI 418:Customer Privacy418/1 Substantiated complaints concerning breaches of cus-tomer privacy and losses of customer dataCOMPLIANCE MANAGE-MENT |
Chongqing Brewery Environmental, Social & Governance Report
SSE ESG INDEX
Chongqing Brewery Environmental, Social & Governance Report
INDEX FOR ALCOHOLIC BEVERAGEENTERPRISE ESG DISCLOSURE
| S/NDimensionPrimary indicatorsSecondary indicatorsLocation1EnvironmentEnvironmental manage-mentEnvironmental management system and organizational structureZERO Carbon Footprint EMISSIONS MANAGEMENT2Environmental risk prevention and control and emergency managementEMISSIONS MANAGEMENT3Resource consumptionEnergyZERO Carbon Footprint4Water and EfuentsZERO Water Waste5Raw materials and suppliesZERO Farming Footprint6WasteEMISSIONS MANAGEMENT7Packaging materialsZERO Packaging WasteESG KPIS8Pollution controlWaste waterEMISSIONS MANAGEMENT9Waste gasEMISSIONS MANAGEMENT10Solid wasteEMISSIONS MANAGEMENT11Noise pollutionEMISSIONS MANAGEMENT12Climate changeClimate change risk managementZERO Carbon Footprint13GHG emissionsZERO Carbon Footprint14Low-carbon developmentZERO Carbon Footprint15Ecological protectionLand utilizationZERO Farming Footprint16BiodiversityZERO Farming Footprint17SocietyProduction liabilityProduction specicationZERO Accidents Culture18Product quality and safetyPRODUCTS AND SERVICES19Responsible marketingZERO Irresponsible Drinking20Customer service and rightsPRODUCTS AND SERVICES | S/NDimensionPrimary indicatorsSecondary indicatorsLocation21SocietySupply chain manage-mentSupplier managementRESPONSIBLE SOURCING22Supply chain manage-mentSupply chain link managementRESPONSIBLE SOURCING23Employee rights and interestsEmployee recruitment and employ-mentDIVERSITY, EQUITY & INCLUSION ESG KPIS24Employee benets and securityDIVERSITY, EQUITY & INCLUSION25Employee safety and healthZERO Accidents Culture26Talent and developmentDIVERSITY, EQUITY & INCLUSION27Social impactSocial responsibilityCOMMUNITY ENGAGEMENT28Community buildingCOMMUNITY ENGAGEMENT29Corporate gov-ernanceGovernance structureShareholders' (general) meetingCOMPLIANCE MANAGEMENT30Board of directorsCOMPLIANCE MANAGEMENT31Board of supervisorsCOMPLIANCE MANAGEMENT32Senior managementCOMPLIANCE MANAGEMENT33Governance mechanismCompliance managementCOMPLIANCE MANAGEMENT34Risk managementCOMPLIANCE MANAGEMENT35Supervision and managementCOMPLIANCE MANAGEMENT36Information disclosureSTAKEHOLDER ENGAGEMENT COMPLIANCE MANAGEMENT37Executive incentiveDIVERSITY, EQUITY & INCLUSION38Business ethicsCOMPLIANCE MANAGEMENT39Governance efciencyInnovative developmentCOMPLIANCE MANAGEMENT40SustainabilityESG PROGRAM | ||
Chongqing Brewery Environmental, Social & Governance Report
ESG KPIS
Chongqing Brewery Environmental, Social & Governance Report
Chongqing Brewery Environmental, Social & Governance ReportEmployee turnover rate = total number of employee turnover/number of employees; Employee turnover rate by category = number of employee turnover by category/total number of employee turnover.
www.carlsbergchina.com.cn
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六个零目标 重啤股份环境、社会和公司治理报告
酿造 更美好的现在
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NameTitleEmailContact Address
Phone NumberWebsite
NameTitleEmailContact Address
Phone NumberWebsite
Xie YiVice president of Corporate AffairsCNSMChinaCommunication@Carlsberg.aisa
4001600132www.carlsbergchina.com.cn
Jane NISenior Corporate Affairs ManagerCNSMChinaCommunication@Carlsberg.aisa
4001600132www.carlsbergchina.com.cn
12&13F, Kingold Century, No. 62, Jinsui Road, Zhujiang NewTown, Tianhe District, Guangzhou, 510623, P.R. China
12&13F, Kingold Century, No. 62, Jinsui Road, Zhujiang NewTown, Tianhe District, Guangzhou, 510623, P.R. China
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