Disclosure Items: GRI 413; HKEX B5, B8

Our Goals and Accomplishments

UN SDGs Progress in 2022 Progress in 2023
Goal 8: Decent Work and Economic Growth

Community investment> 593,600 USD Community investment> 424,280 USD
95,391 + volunteer hours over 184 events 41,450 volunteer hours over 203 events
Held 56 events across 28 Hope Schools in China Held 55 events across 29 Hope Schools in China

Our Risks and Opportunities

Vibrant communities are integral to creating a future filled with joy and celebration. In times of natural disasters, we take proactive measures to supply essential drinking water for emergency relief efforts. Our relentless efforts are focused on fostering youth education, championing environmental preservation, and driving sustainable innovation within the communities we serve. 

Our Approach

After carefully assessing our strategic priorities and available resources, we have identified several key areas where we are focusing our efforts through in-kind donations, skills-based volunteering, and our commitment to creating a future with more cheers.

Smart Drinking Smart Drinking is a strategic focus for us, and we plan to closely collaborate with governments and industry associations to launch a series of awareness campaigns.
Emergency Relief Water is an essential resource for the well-being of our communities. We are committed to providing vital resources, such as access to clean drinking water in our operating markets.
Rural Revitalization In line with our commitment to green management, we actively implement internal and external campaigns that have a positive impact on our local environment, ecosystem, and communities.
Sustainable Innovation We utilize our resources to empower and support our value chain partners, providing them with increased financial opportunities.

Our Initiatives

  • Corona Extra Lime Project
    Since 2019, Bud China initiated the “Corona Extra Lime” project to support farmers in Anyue of Sichuan province to cultivate high quality limes, which not only improves farmers’ livelihood, but also enhances consumers’ corona-drinking experience. In 2023, Bud China further developed the project to create a social enterprise business model to accelerate and expand impact by establishing the Extra Lime Company with the provision of start-up capital, project investment and operation guidance. This is a model involving different parties and incorporated with various components. More than just securing the lime supply for Corona, this pioneering initiative can further promote the development of the lime industry and help improve the income for farmers in a sustainable way. The Extra Lime Company has signed an agreement with Bud China, to give priority to hiring farmers from low-income families and pledged to reinvest 20% of the net profits in the village. These funds will be utilized to support underprivileged community members and catalyze industrial development. 
    Impact
    The lime base has expanded from 30 MU in 2020 to 478 MU in 2023, with accumulated 740,000 kg of limes sold.

  • Happy Library – Renewing Old Community Child Centers
    In South Korea, we have started a local community project to renovate learning facilities and provide free educational materials and books for underprivileged community since 2016. This year, we opened the 11th Happy Library at the community center in Gangneung City, which was severely affected by a large-scale forest fire. On the day of opening ceremony, sales employees volunteered to organize books and paint mural outside of the community child center. 
    Impact
    We have donated 4,200 books to local libraries over the past 7 years.