PrimeAsia reports sustainability progress for 2023

21/11/2024
PrimeAsia reports sustainability progress for 2023

Leather manufacturing group PrimeAsia’s 2023 Sustainability Report outlines its progress and challenges in advancing sustainable practices within the leather industry.

With manufacturing facilities in China and Vietnam, the company achieved a 43% reduction in water usage over five years, saving more than 425 million litres in 2023. Recycled water usage reached 60%, aided by investments in water treatment systems and rainwater capture initiatives.

The report also highlights the establishment of a corporate carbon footprint baseline of 303,649 tonnes of CO2 equivalent, which will inform the development of Science Based Targets.

While it did not meet its energy efficiency goals due to market conditions and disruptions, its Vietnam facility sourced 64% of its energy from renewable sources, including solar panels and biofuels, with plans for further expansion in 2024.

Efforts in waste management included diverting hazardous waste to recycling plants and piloting projects to repurpose leather scraps into recycled materials. The company also contributed over 3,000 hours to community service activities, such as environmental clean-ups and social support initiatives.

PrimeAsia’s sustainability strategy, "Sustaining Excellence, Preserving Tomorrow," focuses on operational excellence, circularity, climate action, and social impact, with targets such as achieving full supply chain traceability by 2030.

Reflecting on these efforts, CEO Jonathan Clark stated, "Sustainability is not just a buzzword; it is a core component of our operational ethos and a key driver of our success." The report underscores PrimeAsia’s commitment to balancing environmental innovation with industry leadership and community engagement.

The full report can be found here