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Crystal International publishes Sustainability Report 2021

Report covers apparel giant’s sustainability vision, strategies, key initiatives, achievements, and performance.

27th April 2022

Knitting Industry
 |  Hong Kong

Knitwear, Knitted Outerwear

Crystal International Group has published its thirteenth Sustainability Report, which summarises the positive steps and efforts made by the group in 2021. The report illustrates how it has spearheaded sustainability in the industry, to move to committing to net zero emissions by 2050 and spreading care to its employees and community amidst the pandemic.

The Report covers Crystal International’s sustainability vision, strategies, key initiatives, achievements, and performance in 2021. It also complies with the new Environmental, Social and Governance (ESG) disclosure requirements of Hong Kong Stock Exchange (HKEX), with reference to the GRI Standards.

Key highlights of the report

Progress in 2021 of Third Global 5-Year Sustainability Targets (2018-2022):

-Reduced 52% freshwater intensity vs 2017 base year (target achieved)

-Reduced 9% carbon intensity vs 2017 base year

-2.9 million trees planted since 2007

-Empowered over 49,500 women through CARE programme (target achieved)

-55,800 volunteering hours (target achieved)

Net Zero 2050 Vision and Environmental Highlights:

-Committed to net zero emissions by 2050 with interim target of 35% of absolute carbon reduction by 2030, in line with science-based target approach

-Expanded rooftop solar PV in two Vietnam factories to generate more than 3,800 MWh of electricity annually

-Completed the Climate Change disclosure on CDP with a score of B-, above the industry average

-Conducted a climate-related risk analysis according to the guidelines of the Task Force on

Climate-related Financial Disclosures (TCFD)

-Recycled 2,617,533 m3 of water, equivalent of drinking water for ~3,500,000 people per year

-Advanced sustainable and circular product development

-Second Life – closed-loop denim, saving 70% water consumption and 10% carbon emissions

-Ellen MacArthur Foundation’s Jeans Redesign project

-Progressed greener chemistries, 70% ZDHC MRSL conformance chemicals in knits factories in Vietnam, China and Bangladesh

© Crystal International Group

Social Highlights:

-Training: Provided 49 hours of training to each employee, totalling 5,261,670 hours

-Widened online training, including digital P.A.C.E (500 employees graduated from the online course) and Harvard Business School leadership courses

-Gender equality: Trained close to 30,000 employees on anti-sexual harassment

-Support for communities: Contributed ~US$407,000 and over 32,000 man-hours

-Women healthcare campaign: Donated 16,000 pieces of high-quality lingerie and provided women’s health care knowledge to the underprivileged women in China

-Safeguarded employees and supported communities against COVID-19

-Implementing vaccination programmes, nearly 100% of employees are vaccinated

-Donated ~US$450,000 to provincial and national vaccine funds in Vietnam

-Supported governments in establishing treatment facilities

-Made financial and in-kind contributions to employees, communities and local governments to fight the pandemic

Awards and Recognition:

Received 60 global and local awards in 2021, including:

-HKMA 2021 Best Annual Reports Awards – Certificate of Excellence in ESG Reporting

-HERA Best ESG Report Commendation

-Green building - Excellence in Design for Greater Efficiencies (EDGE)

-Best Companies to Work for in Asia

© Crystal International Group

Crystal International Group Limited, incorporated in Bermuda with limited liability and registered by way of continuation in the Cayman Islands, is a global leader in the apparel manufacturing industry. Founded in Hong Kong in 1970, the company and its subsidiaries have a diversified product portfolio categorised into five segments, namely Lifestyle wear, Denim, Intimate, Sweater, and Sportswear and outdoor apparel, with leading positions in corresponding categories. Headquartered in Hong Kong, the Group operates a multi-country manufacturing platform, with around 18 production facilities spanning five countries, namely Vietnam, China, Cambodia, Bangladesh and Sri Lanka.

The Sustainability Report 2021 is now available for download at the Sustainability Report section of the Group’s corporate website.

www.crystalgroup.com

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