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Climate Responsibility

With reference to the relevant requirements of the Climate Change-related Financial Disclosures (TCFD) Guidance, the IFRS S2 Climate-related Disclosures issued by the International Sustainability Standards Board (ISSB), and the Hong Kong Stock Exchange's Climate Disclosure Guidance, we systematically integrate climate governance into the Group's operations and management.

  • Governance: The Board of Directors has established a Sustainability Steering Group to oversee the implementation of the Group’s climate action plan and emission reduction targets. At the same time, each department, as the executive level, promotes the effective implementation of the climate action plan.
  • Strategy: For the assessment of physical risks, the Group has, from the Year onwards, adopted the Shared Socioeconomic Pathways (SSPs) and Representative Concentration Pathways (RCPs) scenario combinations established under the Intergovernmental Panel on Climate Change (IPCC) Sixth Assessment Report (AR6), replacing the previous RCP-only scenarios based on AR5. The SSP framework combines physical climate pathways with socioeconomic narratives, which not only meets the Hong Kong Stock Exchange's expectation that issuers adopt scenarios aligned with the latest international climate agreements in their scenario analysis, but also enables a more comprehensive assessment of the mitigating effects of adaptive capacity on actual losses. In addition, the underlying Coupled Model Intercomparison Project Phase 6 (CMIP6) models provide higher spatial resolution, thereby enhancing the accuracy of climate risk projections for the Group's principal operating regions in China.In the transition risk assessment, Bosideng selected the International Energy Agency's "Net Zero Emissions by 2050 scenario" (NZE 2050) and "Stated Policies Scenario" (IEA STEPS) as the benchmark analysis framework.
  • Impact, Risk, and Opportunity Management: As Bosideng's highest-level direct management on climate change, the Sustainability Steering Group is responsible for annually collaborating with relevant Group departments to carry out specific climate-related risk management tasks. They report to and provide advice on these tasks to the Board of Directors. The Chairman of the Board is responsible for overseeing the climate-related risk management plan and reviewing the potential impact of climate-related risks on the company's strategic planning, thereby providing strategic risk oversight.
  • Metrics and Targets: Bosideng regularly conducts GHG emissions inventories within its organizational and reporting boundaries each year and reports on its climate performance through the CDP Climate Questionnaire. Greenhouse gas emissions have once again obtained ISO 14064-1:2018 reasonable assurance level certification, achieving a YoY decrease in Scope 3 greenhouse gas emissions for two consecutive years.
Energy Management

We actively respond to climate change while concerning other affected climate-relevant areas to manage our impact on the environment in a responsible manner.

  • Photovoltaic power generation for the year reached 953.0 MWh, and 3,018 MWh of green electricity were purchased.
  • Promoting green transformation of the industry, creating an innovation community of "industry-university-research"
  • Launched new phase of the Alxa League "Carbon Neutral Forest" project, planning to cover an area of 660 Chinese acres and plant 33,000 trees.
  • 100% of self-operated stores use energy-efficient lighting, theoretically saving 40% more electricity than traditional lighting. Key stores are also equipped with "Intelligent lighting control" to achieve an additional 5% energy saving effect. Furthermore, stores are equipped with air conditioning frequency conversion equipment and intelligent temperature control systems, saving 30% more energy than traditional air conditioning operation modes
  • Actively promoted and encouraged upstream suppliers to transition to clean energy, with their total clean energy consumption reaching 5,455 MWh this year.
Case Study
Energy Management

Bosideng has installed photovoltaic power generation equipment on the roofs of warehouses in the logistics park in East China.

Responsible Sourcing

The choice of product materials reflects our ambition to be a practitioner of sustainable fashion. We minimize negative environmental impacts by sourcing materials responsibly.

  • Filling, stuffing contains 100% RDS feather and down, certified by Bureau Veritas, TE-00128470
  • 92% of down received OEKO-TEX® STANDARD 100 certification
  • 53% of down passed bluesign® certification
  • With self-developed GIMS system, we have realized the full-process traceability of raw materials
  • Has a laboratory authorized by the International Down and Feather Bureau (IDFB)
  • Established the Policy for Responsible Procurement and is committed to responsibly procuring cotton and leather through consensus with its suppliers
  • Together with leading suppliers, Bosideng co-creates an eco-friendly protective fabric with over 70% bio-based content (setting a global benchmark), which earned the ISPO Award for Fabric Innovation
Case Study
Responsible Sourcing

We want to reduce any form of animal cruelty by increasing responsible down sourcing, and provide consumers with safe and reliable down products.

We have set down quality standards that are stricter than the national standards, including 3 categories which are customer-oriented key guidelines, national standard requirements and safety indicators. The Group has a laboratory authorized by the International Down and Feather Bureau (IDFB) and accredited by China National Accreditation Service for Conformity Assessment (CNAS). We promise that every batch of down will go through the SAP system for inspection and be sampled by laboratory personnel before being put into warehouse. With self-developed GIMS system, we have realized the full process traceability of raw materials.

* Other main raw materials other than down exclude back lining, edge and other materials used for apparel. Among them, the cotton (as non-major raw material) used to fill a small amount of placket, bag cover, collar and hat that is prone to friction and rubbing, which is less than 1% according to the weight and share of use.

Logistics and Packaging

We have taken a series of measures to gradually phase out packaging materials that have a greater impact on the environment and promote the reuse of packaging materials in more scenarios. We also conduct waste management.

  • Achieved 100% FSC or FSC Mix certification for logistics cartons used across all core apparel brands, with 100% of paper shopping handbags used in Bosideng's offline stores also FSC or FSC Mix certified.
  • the product design stage, we continually promote the reduction and recycling of packaging materials by optimizing packaging design
  • Use recyclable or biodegradable packaging materials in our store sales to reduce the environmental impact of waste
  • Implemented green logistics practices in collaboration with core logistics partners by continuously expanding the use of new energy vehicles, optimizing delivery routes and utilizing smart logistics and warehousing solutions, achieving an approximately 28% year-on-year reduction in the average carbon footprint per parcel.
Case Study
Logistics and Packaging

In terms of the reuse of packaging materials, which Bosideng has taken into consideration at the product design stage, we continually promote the reduction and recycling of packaging materials by optimizing packaging design.