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AWS is a global collaborative network that includes businesses, NGOs, and public sector organizations. Members of AWS contribute to the sustainability of local water resources by adopting and promoting a universal framework for responsible water use – the International Water Stewardship Standard, or AWS Standard. The framework drives, recognizes, and rewards exemplary water management practices.
Mengniu has been actively enhancing its water management initiatives in recent years. In 2020, the Company set a goal to achieve a 6% reduction in freshwater consumption per tonne of dairy product by 2025, compared to 2020. As of 2023, the Group has successfully reduced its water consumption per tonne of dairy product by 3.8% since 2020, resulting in annual water savings of 1,062,000 tonnes.
Meanwhile, Mengniu has achieved a series of significant milestones in water resource conservation.
Building on their shared commitment to sustainable water management developed over the years, Mengniu views this strategic partnership as a pivotal opportunity to enhance its water resource management practices. By closely collaborating with AWS and leveraging the unique knowledge, experiences, and strengths of both organizations, Mengniu and AWS will promote the adoption and implementation of water conservation standards in China to drive the sustainable development of dairy industry both in China and overseas.
Hashtag: #Mengniu #ESG
The issuer is solely responsible for the content of this announcement.
China Mengniu Dairy Company Limited and its subsidiaries mainly manufacture and distribute quality dairy products in China. It is one of the leading dairy product manufacturers in China, with MENGNIU as its core brand. Mengniu offers diversified products including liquid milk products, ice cream, milk formula and cheese. In March 2014, Mengniu became a Hang Seng Index constituent, making it the first blue-chip Chinese dairy product manufacturer. In 2023, Mengniu’s MSCI ESG rating was elevated to AA. Mengniu is a constituent of the Hang Seng Corporate Sustainability Index, Hang Seng (Mainland and Hong Kong) Corporate Sustainability Index, Hang Seng Corporate Sustainability Benchmark Index and HSI ESG Enhanced Select Index.
For more information, please visit www.mengniuir.com.
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