KWEICHOW MOUTAI(SH:600519) Xin Lang Cai Jing·2025-12-23 22:11Core Viewpoint - Moutai is actively pursuing a comprehensive green transformation strategy, focusing on carbon reduction and water conservation throughout its production processes, aiming for significant sustainability milestones by 2030 [1][2][4]. Group 1: Carbon Footprint Tracking - Moutai has initiated a carbon footprint tracking system that analyzes the entire lifecycle of its products, identifying that over 85% of carbon emissions originate from raw material cultivation and brewing processes [1]. - The company has committed to reducing carbon emissions by approximately 94,000 tons annually, equivalent to the carbon absorption of about 70,000 acres of forest [3]. Group 2: Energy and Water Management - Starting in 2023, Moutai has secured a green electricity supply of 100 million kilowatt-hours annually for the next three years through market transactions, covering all production electricity needs [2]. - Water consumption in Moutai's production processes is projected to decrease by 10.39% in 2024, with a water recycling rate exceeding 87%, saving over 5 million cubic meters of water annually [3]. Group 3: Waste Management and Circular Economy - Moutai has established a closed-loop system for the utilization of brewing by-products, achieving over 450,000 tons of resource recycling in 2024, with 100% utilization of solid waste such as spent grains and mud [4]. - The company has invested nearly 2 billion yuan in wastewater treatment systems, successfully converting high-concentration organic wastewater into biodegradable materials, reducing carbon emissions by 2,676 tons annually [3]. Group 4: Recognition and Future Goals - Moutai's green initiatives have gained international recognition, with its ESG rating upgraded from BBB to A by MSCI, making it the first Chinese liquor company to achieve this rating [4]. - The company has set clear sustainability targets, including a 20% reduction in water consumption per product by 2026 and a 60% decrease in carbon emissions per unit of output by 2030 compared to 2020 levels [4].