Climate Change Data

Cheshi Technology Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:112 tCO2e
Scope 1 Emissions:8.34 tCO2e
Scope 2 Emissions:43.40 tCO2e
Scope 3 Emissions:60.23 tCO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:76,100 kWh
Water Consumption:44.63 m3
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Employment
  • Labor Standards
  • Occupational Health and Safety
  • Intellectual Property Rights
  • Data Protection
  • Anti-corruption
  • Environmental Protection
  • Climate Change

Environmental Achievements

  • Overall total GHG emissions reduced by 7% compared with last year.
  • Overall total water consumption reduced by 4% compared with last year.

Social Achievements

  • Provided employees with competitive salaries and a basic welfare system.
  • Delivered 1,700 hours of training to employees (average 9.8 hours per employee).
  • No material non-compliance with relevant laws and regulations in relation to employment matters.
  • No work-related fatalities or lost days due to work injury in the Reporting Period.

Governance Achievements

  • Implemented internal policies such as the Anti-fraud and Reporting Mechanism Management Measures.
  • Introduced a reporting mechanism and regular declarations of conflicts of interest for all staff.
  • Provided regular training on corruption and bribery prevention.
  • Developed Anti-Fraud and Whistleblowing Policy.

Climate Goals & Targets

Medium-term Goals:
  • Reduce GHG emissions by 10% by 2031 (2022 as base year).
  • Reduce energy consumption by 10% by 2031 (2022 as base year).
  • Reduce water consumption by 10% by 2031 (2022 as base year).

Environmental Challenges

  • High employee turnover rate (58%).
  • Potential reputational risk from climate change.
  • Potential impact of acute climate events on offline operations and asset safety.
  • Potential increase in energy consumption and operating costs due to chronic climate risks.
Mitigation Strategies
  • Regular review of employment practices to avoid child and forced labor.
  • Implementation of climate change-related risks into corporate risk management system.
  • Improving resource efficiencies to reduce resource usage.
  • Promoting public transportation and video conferences to reduce business travel.
  • Implementing energy-saving measures to lower greenhouse gas emissions.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Background checks on new suppliers; consideration of reputation, qualifications, and compliance in operations; purchase and use of recyclable office appliances; purchase of office equipment with ecolabels.

Climate-Related Risks & Opportunities

Physical Risks
  • Acute climate events (typhoons, earthquakes, tsunamis); chronic risks (changes in precipitation, global warming, sea level rise).
Transition Risks
  • Reputational risk; policy and regulatory risk.
Opportunities
  • Improved resource efficiency; new energy sources; new market/product and services.

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix C2 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong)

Third-party Assurance: Not disclosed