Esquel Group is one of the world's leading producers of premium cotton shirts, with production facilities in China, Malaysia, Vietnam, Mauritius, and Sri Lanka, and a network of branches servicing key markets worldwide. The company's operations are vertically integrated, from producing cotton, buttons, and packaging to design and manufacturing.
==Basic Information=====HQ Contact information===
12/F Harbour Centre<br />
25 Harbour Rd.<br />
http://www.esquel.com<br />
===Country Company history===Esquel was founded by Yang Yuan Loong in 1978. The company was one of incorporationthe first to invest in China when the country opened up in the 1970s. Today the company is led by the founder's daughter, Marjorie Yang.<ref>[http://www.esquel.com/en/index7.html Esquel Group Website: Corporate News]</ref> ===Political & public influence=== ===Corporate Accountability=== ==Labor==History: <br />2000 Esquel joined [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?detail=Esquel+Group+of+Companies Global Compact] <br />2002 Esquel adopted company code of conduct Policy: * member of [http://www.unglobalcompact.org/ Global Compact]* all factories certified by [http://www.wrapapparel.org/modules.php?name=Content&pa=showpage&pid=11 WRAP]* company code of conduct (based on WRAP and codes of major customers) Campaigns against company:None found. Major reports:# [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?detail=Esquel+Group+of+Companies&cop=121119B6-59AD-409B-839D-7BEA24EAD428 Global Compact Communication on Progress]# [http://www.civic-exchange.org/publications/2002/esquel-report.pdf Measuring Sustainability: A Snapshot of a Hong KongCompany] ==Environment & product safety==History: <br />2000 Esquel joined [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?detail=Esquel+Group+of+Companies Global Compact] <br /> Policy/projects: <br />* Environmental strategy ** cost: USD50-100 million a year, or 10 percent of the company's USD500 million fixed assets. <ref>Green moves prove profitable</ref> ** ISO 14001 certification for plants in China, Malaysia, Mauritius and Sri Lanka <ref>Esquel Sustainability Report</ref>* China: USD29 million low-emission thermo-power plant, which produces a steady supply of electricity (up to 30,000 kilowatt) and steam (100 tonnes/hour). Compared with normal power plants, Esquel's has a higher energy efficiency rate of 53 percent versus the 40 percent in others, and a lower operation temperature of 900 degrees Celsius versus 1,100 degrees in others. It also controls emissions with its circulating fluidized bed, which adds limestone into coal to reduce sulfur-oxide emissions, and its electrostatic precipitator in reducing emissions of particulate matters. As a result, its emissions of sulfur dioxide (around 1, SAR 000 milligrams per cubic meter), nitrogen oxides (less than 250 mg/m3) and dust (around 120 mg/m3) all meet or exceed the Guangdong and the national emission standards. <ref>Green moves prove profitable</ref> (also see [http://cleanair.hk/eng/business_guideline05.htm#esquel Hong Kong Chamber of Commerce Clean Air Initiative])* China): USD7 million wastewater treatment plant, which biologically treats the 22,000 tonnes of wastewater produced daily by the Pearl River Delta factory. <ref>Green moves prove profitable</ref> * China: organic cotton farms in Xinjiang province <ref>Green moves prove profitable</ref>
Reports# [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?detail=Esquel+Group+of+Companies&cop=121119B6-59AD-409B-839D-7BEA24EAD428 Global Compact Communication on Progress]# [http://www.civic-exchange.org/publications/2002/esquel-report.pdf Measuring Sustainability: A Snapshot of a Hong Kong Company] ==Ownership statusHuman rights==2000 Esquel joined [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?detail=Esquel+Group+of+Companies Global Compact] <br />Private==Anti-trust, consumer protection, tax practices== =Primary industry sector=Social responsibility initiatives==* Apparel manufacturing (SIC 2321Support for schools in Xinjiang region of China: book donations, renovations, exchange program for high school students from Hong Kong and United States, Eco-Men's and boys' shirts)Mobile, scholarships for students whose parents are HIV positive <ref>Esquel Sustainability Report</ref>
===Primary industry ranking===
====Net income====
==Detailed Information=====Company history===Esquel was founded by Yang Yuan Loong in 1978. The company was one of the first to invest in China when the country opened up in the 1970s. Today the company is led by the founder's daughter, Marjorie Yang.<ref>[http://www.esquel.com/en/index7.html Esquel Group Website: Corporate News]</ref>
====Historical financial results====
2000 Revenues: USD 500,000,000 <ref>Measuring Sustainability</ref>
====Date & venue of next AGM====
N/A
==Corporate Accountability==
===Labor===
History: <br />
2000 Esquel joined [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?detail=Esquel+Group+of+Companies Global Compact] <br />
2002 Esquel adopted company code of conduct
Policy:
* member of [http://www.unglobalcompact.org/ Global Compact]
* all factories certified by [http://www.wrapapparel.org/modules.php?name=Content&pa=showpage&pid=11 WRAP]
* company code of conduct (based on WRAP and codes of major customers)
Campaigns against company:
None found.
Major reports:
# [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?detail=Esquel+Group+of+Companies&cop=121119B6-59AD-409B-839D-7BEA24EAD428 Global Compact Communication on Progress]
# [http://www.civic-exchange.org/publications/2002/esquel-report.pdf Measuring Sustainability: A Snapshot of a Hong Kong Company]
===Environment & product safety===
History: <br />
2000 Esquel joined [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?detail=Esquel+Group+of+Companies Global Compact] <br />
Policy/projects: <br />
* Environmental strategy
** cost: USD50-100 million a year, or 10 percent of the company's USD500 million fixed assets. <ref>Green moves prove profitable</ref>
** ISO 14001 certification for plants in China, Malaysia, Mauritius and Sri Lanka <ref>Esquel Sustainability Report</ref>
* China: USD29 million low-emission thermo-power plant, which produces a steady supply of electricity (up to 30,000 kilowatt) and steam (100 tonnes/hour). Compared with normal power plants, Esquel's has a higher energy efficiency rate of 53 percent versus the 40 percent in others, and a lower operation temperature of 900 degrees Celsius versus 1,100 degrees in others. It also controls emissions with its circulating fluidized bed, which adds limestone into coal to reduce sulfur-oxide emissions, and its electrostatic precipitator in reducing emissions of particulate matters. As a result, its emissions of sulfur dioxide (around 1,000 milligrams per cubic meter), nitrogen oxides (less than 250 mg/m3) and dust (around 120 mg/m3) all meet or exceed the Guangdong and the national emission standards. <ref>Green moves prove profitable</ref> (also see [http://cleanair.hk/eng/business_guideline05.htm#esquel Hong Kong Chamber of Commerce Clean Air Initiative])
* China: USD7 million wastewater treatment plant, which biologically treats the 22,000 tonnes of wastewater produced daily by the Pearl River Delta factory. <ref>Green moves prove profitable</ref>
* China: organic cotton farms in Xinjiang province <ref>Green moves prove profitable</ref>
Reports
# [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?detail=Esquel+Group+of+Companies&cop=121119B6-59AD-409B-839D-7BEA24EAD428 Global Compact Communication on Progress]
# [http://www.civic-exchange.org/publications/2002/esquel-report.pdf Measuring Sustainability: A Snapshot of a Hong Kong Company]
===Human rights===
2000 Esquel joined [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?detail=Esquel+Group+of+Companies Global Compact] <br />
===Anti-trust, consumer protection, tax practices===
===Political & public influence===
===Social responsibility initiatives===
* Support for schools in Xinjiang region of China: book donations, renovations, exchange program for high school students from Hong Kong and United States, Eco-Mobile, scholarships for students whose parents are HIV positive <ref>Esquel Sustainability Report</ref>
==Articles and resources==