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22.04.2025 10:30:12
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DFI Retail Group Launches Low-Carbon Rice Pilot Programme Reduces at Least 30% in GHG Emissions
HONG KONG SAR - Media OutReach Newswire - 22 April 2025 - DFI Retail Group (DFI or the Group), a leading Asian retailer with diverse business formats, has launched a low-carbon rice cultivation pilot programme in 2024 in Thailand. This initiative aims to reduce greenhouse gas (GHG) emissions in the rice industry. By implementing new farming techniques, DFI seeks to promote the adoption of sustainable agriculture practices and enhance environmental awareness among its supply chains. This innovative programme successfully produced 110,000kg of certified low-carbon rice in 2024, achieving a minimum 30% reduction in GHG emissions on the rice fields compared to conventional cultivation methods.
Rice is an important commodity across Asia, where 85% of the world's production occurs, with Thailand ranking as the sixth-largest rice producer globally. In Hong Kong alone, the annual consumption of approximately 255,105 metric tons 1, 2 of rice results in around 1,060,982 tonnes of carbon dioxide equivalent 3, 4 emissions — comparable to driving around the world 106,532 times 5. This crop constitutes one of DFI's top Scope 3 product categories, accounting for approximately 6% of total Scope 3 emissions based on 2023 data. Traditional rice farming involves flooding fields for extended periods, which creates anaerobic conditions in the soil. This lack of oxygen allows microbes to release methane—a GHG with a global warming potential 28 times greater than carbon dioxide—into the atmosphere, significantly impacting climate change. In response to this environmental challenge, DFI collaborated with agricultural experts, the Thai government, and researchers to develop a low-carbon rice cultivation programme. The pilot programme partnered with 30 local farmers to implement sustainable farming techniques, including:
In 2025, DFI would continue with the programme and aims to launch 200,000kg of low-carbon rice under the Yu Pin King brand in the Hong Kong market. This initiative will raise public awareness and promote sustainable agriculture across supply chains. DFI will also explore further partnerships and low-carbon sourcing opportunities to enhance its impact. Erica Chan, Group Chief Legal, Governance and Corporate Affairs Officer shared, "Beyond value and quality, we are committed to sustainability. This programme exemplifies our dedication to pursuing sustainable goals. We wish to influence the industry, our stakeholders across the value chain to take collective action towards a sustainable future." Fann Yuen, Group Own Brand Director added, "Customers prefer sustainable products but not at a higher cost. Guided by DFI's 'customer-first' approach, we are dedicated to providing sustainable options that are affordable." The rice produced through this low-carbon cultivation programme is now available under Wellcome's Own Brand Yu Pin King Thai Jasmine Fragrant Rice (5kg). Customers can find it on shelves at designated Wellcome stores in Hong Kong and purchase it online. DFI remains devoted to offering more sustainable choices for customers in the future, ensuring that sustainability aligns with affordability. [1] Hong Kong Trade and Industry Department. (2023). Rice: Per capita consumption [2] Census and Statistics Department. (2023, 15 August). Mid-2023 population estimates [3] AGRIBALYSE®. (n.d.). Data extracted from dataset available at: Recherche Data Gouv. [4] U.S. Environmental Protection Agency. (2024). Greenhouse Gas Emissions from a Typical Passenger Vehicle [5] National Aeronautics and Space Administration. (n.d.). The Earth. NASA Imagine the Universe. For detailed information about DFI Low-Carbon Rice Pilot Programme, please refer to here. Hashtag: #DFIRetailGroup #LowCarbonRice #YuPinKing #Wellcome #MarketPlace #Sustainability #ESG #ReduceCarbonEmissions The issuer is solely responsible for the content of this announcement. DFI Retail GroupDFI Retail Group (the 'Group') is a leading Asian retailer, driven by its purpose to "Sustainably Serve Asia for Generations with Everyday Moments". News Source: DFI Retail Group
22/04/2025 Dissemination of a Financial Press Release, transmitted by EQS News. |
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22.04.25 |
DFI Retail Group Launches Low-Carbon Rice Pilot Programme Reduces at Least 30% in GHG Emissions (EQS Group) | |
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DFI Launches 2024 Sustainability Report (EQS Group) | |
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DFI Retail Group to Announce 2024 Full Year Financial Results and Host Analyst Presentation Live Webcast (EQS Group) | |
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Die David-Schere erklärt: 5 Kennzahlen für starke Aktien – am Beispiel von SAP
Seit Anfang 2023 präsentieren der Investment-Stratege François Bloch und Börsenexperte David Kunz jeweils drei sorgfältig ausgewählte Aktien im BX Morningcall.
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