Angel Yeast's 2024 Sustainability Report showcases its significant strides in carbon reduction, green energy adoption, and social responsibility, highlighting its emissions reduction timeline.
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| Discover Angel Yeast’s 2024 Sustainability Report, highlighting its green operations, technological innovations, and social initiatives to foster a sustainable and responsible future. Image: AY/ CH |
Shanghai, China, July 13, 2025
Angel Yeast (600298.SH) has unveiled its 2024 Sustainability (ESG) Report, offering a comprehensive look at the company’s sustainable development practices and future commitments. The report emphasizes the company’s efforts in areas such as carbon reduction, clean energy, innovation, sustainable procurement, talent development, and corporate governance. Notably, it marks the first time Angel Yeast has publicly disclosed a clear emissions reduction timeline, setting a new milestone in its sustainability journey.
“We believe that true success lies in benefiting society as a whole,” said Xiao Minghua, CEO of Angel Yeast. “By embedding sustainability deeply into our strategy and operations, we’re aiming to expand globally while achieving over RMB 15 billion in revenue. This report provides a transparent view of our efforts to help build a sustainable future for all sectors of society.”
Angel Yeast’s 2024 sustainability efforts included significant carbon reduction initiatives focused on transforming its energy structure. In a major achievement, the company reduced its carbon emissions by 210,500 tons, including the use of 129,673 megawatt-hours of green electricity, which alone contributed to a 72,200-ton reduction in emissions. The company’s green innovations extended beyond energy, with efforts to turn fermentation waste into agricultural resources and the development of "microbial protein" technology, a more sustainable protein alternative with a lower carbon footprint than traditional proteins.
Angel Yeast’s green production practices have earned national recognition, with both the company and its subsidiaries being designated as "Green Factories" for their comprehensive green management strategies.
Innovation remains at the heart of Angel Yeast’s product development, with a focus on natural, nutritious, and sustainable offerings. In 2024, Angel Yeast invested RMB 780 million in research and development, fostering a 772-member innovation team of experts. The company filed for 195 patents in 2024, securing 75 patent authorizations, reinforcing its leadership in yeast technology and sustainable product development.
Beyond technological innovation, Angel Yeast continues to demonstrate its strong commitment to social responsibility. The company offers its employees diverse development opportunities, fosters a positive work environment, and actively supports global community initiatives. With its global presence, Angel Yeast creates jobs, encourages philanthropic activities, and supports relief efforts during natural disasters. The company also prioritizes education and improving living conditions for disadvantaged children worldwide.