Contel Technology Company Limited
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:55.59 tCO2e/Employee (2022); 109.49 tCO2e/Employee (2021)
Scope 1 Emissions:10.80 tCO2e (2022); 2.44 tCO2e (2021)
Scope 2 Emissions:44.79 tCO2e (2022); 107.05 tCO2e (2021)
Total Energy Consumption:187,230.85 kWh (2022); 167,919 kWh (2021)
Water Consumption:393.00 m3 (2022); 413.50 m3 (2021)
Waste Generated:1.09 tonnes (2022); 1.09 tonnes (2021)
ESG Focus Areas
- Environmental Protection
- Supply Chain Management
- Employee Well-being
- Anti-corruption
Environmental Achievements
- Strictly complied with all applicable environmental laws and regulations. No material non-compliance.
- Implemented various measures to mitigate energy consumption (switching off unnecessary lighting and air conditioners, using energy-saving modes for PCs).
Social Achievements
- Achieved zero work-related fatalities for three consecutive years.
- Provided full-time employees with various benefits (maternity, paternity, compassionate leaves, medical insurance, performance-related bonus, and mandatory provident fund).
- Organized internal and external training courses for employees (total 954 hours).
Governance Achievements
- Established a comprehensive screening and recruiting process to prohibit child labor.
- Formulated a whistleblowing policy and advocates the standards of fair transaction, advertising, and competition.
Climate Goals & Targets
Short-term Goals:
- Reduce total GHG emissions intensity (tCO2e/employee) by 2025 compared to 2022.
- Reduce total hazardous and non-hazardous waste intensity by 2025 compared to 2022.
- Reduce total energy consumption intensity by 2025 compared to 2022.
- Promote water conservation intensity by 2025 compared to 2022.
Environmental Challenges
- General slowdown of economic and manufacturing activities in the second half of 2022.
- Lockdowns of the Group’s main subsidiaries in China due to Covid cases.
- Rapid changes in market trends, consumer preferences, and technological advances.
- Potential impact of climate change on the Group's business and operations (physical and transitional risks).
Mitigation Strategies
- Strengthening advantages in various specialized technologies and optimizing product structure.
- Implementing various measures to mitigate energy consumption and GHG emissions.
- Establishing guidelines in governing the management and disposal of hazardous wastes.
- Continuously monitoring changes in laws or regulations and global trends in climate change.
- Implementing comprehensive measures to protect the environment and setting targets to gradually reduce energy consumption and GHG emissions.
Supply Chain Management
Supplier Audits: Supplier on-site audit and assessment system
Responsible Procurement
- Selecting environmentally friendly products with competitive prices and good quality.
- Prioritizing procurement of eco-friendly products where possible and economically viable.
- Working closely with suppliers to strengthen sustainability portfolio and minimize environmental and social risks.
Climate-Related Risks & Opportunities
Physical Risks
- Increased frequency and severity of extreme weather events.
Transition Risks
- Changes in regulation, technology, and market landscape caused by climate change.
- Stricter environmental laws and regulations.
Reporting Standards
Frameworks Used: Appendix 27 of the Rules Governing the Listing of Securities on the Main Board of The Stock Exchange of Hong Kong Limited