YesAsia Releases 2025 ESG Report, Targets 35% Group-wide Emissions Cut by 2050

Bulletin Express
Apr 23

YesAsia Holdings published its fifth Environmental, Social and Governance (ESG) report, detailing a 35% absolute reduction target for combined Scope 1–3 greenhouse-gas emissions by 2050, using 2025 as the baseline year.

Key environmental metrics • 2025 total emissions: 61,855.58 tCO₂e. The sharp rise from 2024 (722.89 tCO₂e) mainly reflects the first-time inclusion of full Scope 3 data; on a like-for-like basis (Scopes 1 and 2 only), emissions grew 60% because of business expansion and a second autonomous-mobile-robot (AMR) warehouse. • Electricity consumption: 2,513.47 MWh, up 52.10% year on year, driven by the new Tsing Yi smart warehouse (260 AMRs) and a new South Korea facility. • Energy intensity: 5.02 × 10⁻⁶ MWh per US$ of revenue. • Paper-usage goal met: intensity cut 71.40% versus the 2021 baseline, helped by digitalised fulfilment processes.

Climate strategy and risk • Scenario analysis based on IPCC SSP1-2.6 (1.5 °C) and SSP3-7.0 (≈3 °C) found no material financial threats; physical and transition risks rated low. • Internal carbon-pricing and climate-linked remuneration are under review. • Short-, medium- and long-term emission-intensity targets: –15% by 2030, –20% by 2035, –35% by 2050.

Social performance • Workforce: 619 employees from 20 countries; turnover rate 11.3%. • Training: 96.8% of staff trained, totalling 4,330 hours (2.83 hours per employee). • Workplace safety: zero fatalities; 17.5 lost-days due to one warehouse incident. • Community investment: HK$0.59 million in cash and product donations; 256 volunteer hours.

Governance highlights • Board gender diversity at 11% (1 female of 9 directors). • No incidents of corruption, data-privacy breach or product recalls during the year. • ESG oversight rests with a Board-level Risk & Compliance Committee and a cross-functional working group.

Operational developments • Launch of a second AMR-enabled warehouse and expansion in South Korea underpinned logistics efficiency; AMR fleet now totals 421 units. • Responsible-production measures include a just-in-time inventory model and supplier ESG screening; packaging materials used reached 487.22 t of plastic and 449.74 t of paper, reflecting order-volume growth.

Awards YesAsia received multiple recognitions, including “Good MPF Employer,” “Friendly Workplace” (HR Online), and the “Caring Company” designation for a 19th consecutive year.

The company states that forthcoming reports will add quantitative financial impact disclosures and consider third-party assurance of climate targets. Stakeholder feedback is invited via ir@yesasiaholdings.com.

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