Climate Change Data

NEW SPARKLE ROLL INTERNATIONAL GROUP LIMITED 新 耀 萊 國 際 集 團 有 限 公 司

Climate Impact & Sustainability Data (2019-04-01 to 2020-03-31, 2021-04-01 to 2022-03-31, 2022-04-01 to 2023-03-31, 2023-04 to 2024-03)

Reporting Period: 2019-04-01 to 2020-03-31

Environmental Metrics

Total Carbon Emissions:1060.11 tCO2e/year
Total Energy Consumption:4395.22 GJ/year
Carbon Intensity:0.0019 GJ per thousand RMB sales

ESG Focus Areas

  • Customer privacy and data protection
  • Customer satisfaction
  • Customer service quality and complaints handling
  • Customer health and safety
  • Business ethics

Environmental Achievements

  • Reduced total energy consumption from 8,396.99 GJ in 2018/19 to 4,395.22 GJ in 2019/20
  • Reduced total GHG emission from 1,976.42 tCO2e in 2018/19 to 1,060.11 tCO2e in 2019/20

Social Achievements

  • Implemented a series of management procedures in governing the sale management and after-sale services to enhance customer experience
  • Provided training covering various topics such as fire safety, safe production procedures, emergency preparedness and hazard prevention

Governance Achievements

  • Adopted the Model Code for Securities Transactions by Directors of Listed Issuers

Climate Goals & Targets

Medium-term Goals:
  • Reduce electricity consumption by about 15% in after-sale services centres in Beijing
Short-term Goals:
  • Reduce hazardous waste by 5% in one of the after-sale service centres in Beijing
  • Reduce water consumption by about 1% in Beijing

Environmental Challenges

  • Temporary impact on the Group’s luxury car sales due to the COVID-19 pandemic and its effect on global supply chain
  • Moderate drop in sales of B&O products during the first half of FY2021 due to the spread of COVID-19
  • Postponement of film investments and projects due to theatre closures during the COVID-19 outbreak
Mitigation Strategies
  • Implemented measures to minimize air pollutants emission such as suspension of the maintenance process during the highly polluted period
  • Developed management procedures to limit overtime works and provide compensation and allowance for overtime work
  • Implemented a robust approach to manage hazardous waste disposal, including proper sorting and appropriate disposal methods

Supply Chain Management

Responsible Procurement
  • Supplier procurement and management procedures considering qualifications, delivery capabilities, product quality, business partner compliments, after-sale services and financial conditions

Climate-Related Risks & Opportunities

Physical Risks
  • More severe weather conditions that impede business operation

Reporting Standards

Frameworks Used: HKEx ESG Reporting Guide

Reporting Period: 2021-04-01 to 2022-03-31

Environmental Metrics

Total Carbon Emissions:1,062.60 tCO2e/year
Scope 1 Emissions:68.29 tCO2e/year
Scope 2 Emissions:981.81 tCO2e/year
Scope 3 Emissions:12.49 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:4,333.06 GJ/year
Water Consumption:5,867 m3/year
Waste Generated:26.66 tons/year (hazardous); (unspecified tons/year non-hazardous)
Carbon Intensity:0.32 tCO2e per million RMB sales

ESG Focus Areas

  • Environmental Protection
  • Employee Well-being
  • Business Ethics
  • Customer Satisfaction
  • Supply Chain Management

Environmental Achievements

  • Improved data collection system for emission figures (NOx, SOx, PM)
  • Reduced Scope 2 emission by around 7.8%, and nearly 22% in total emission.

Social Achievements

  • Organized an anti-corruption training for 22 employees
  • Held a recreational hotpot gathering for employees

Governance Achievements

  • Adopted the Model Code for Securities Transaction by Directors of Listed Issuers
  • Established a whistleblowing policy

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050
  • Source 100% renewable energy by 2040
Medium-term Goals:
  • Reduce absolute scope 1 and 2 GHG emissions by 25% by 2030
  • Reduce scope 1 and scope 2 GHG emission intensity by 35% by 2030
  • Reduce non-hazardous waste generation by 25% by 2025
  • Establish an internal recycle/reuse rate of no smaller than 80% by 2030
  • Source 50% renewable energy by 2030
  • Reduce 25% of the water consumption intensity by 2030
Short-term Goals:
  • Reduce absolute scope 1 and 2 GHG emissions by about 9% by 2025
  • Reduce scope 1 and scope 2 GHG emission intensity by 20% by 2025
  • Conduct waste audit and collect comprehensive waste data by 2023
  • Establish a waste management system and action plan by 2023
  • Reduce 8% of water consumption intensity by 2025

Environmental Challenges

  • Challenges in sales of automobiles due to the COVID-19 pandemic and downward pressure on China’s economy
  • Recovery of parallel imports of luxury cars putting modest pressures on sales quantity and profitability
  • Property management business still facing challenges under the COVID-19 pandemic and unfavorable property market factors in China
  • Two loan agreements where borrowers failed to repay
Mitigation Strategies
  • Established quality assurance standards to guarantee product quality and customer safety
  • Established relevant management and procedures to satisfy customers’ changing needs
  • No expansion plans in money lending business in the next financial year
  • Commenced legal actions against borrowers and guarantors

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Environmental and Social Code of Conduct
  • Environmental Procurement Management Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events and natural hazards
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: HKEx ESG Reporting Guide

Certifications: ISO 14001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022-04-01 to 2023-03-31

Environmental Metrics

Total Carbon Emissions:779.48 tCO2e/year
Scope 1 Emissions:29.90 tCO2e/year
Scope 2 Emissions:743.64 tCO2e/year
Scope 3 Emissions:5.94 tCO2e/year
Total Energy Consumption:1,406.32 MWh/year
Water Consumption:5,769 m3/year
Waste Generated:24.85 tonnes/year
Carbon Intensity:0.22 tCO2e/HKD million revenue (2023)

ESG Focus Areas

  • Employee retention
  • Occupational health and safety
  • Employee training
  • Customer satisfaction
  • Customer service quality and complaints handling
  • Customer health and safety
  • Marketing and product and service labelling compliance
  • Intellectual property
  • Customer privacy and data protection
  • Responsible supply chain management
  • Business ethics
  • Greenhouse gas emission
  • Energy efficiency
  • Environmental compliance
  • Labour rights
  • Labour-management relations
  • Diversity and equal opportunity
  • Non-discrimination
  • Employee development
  • Prevention of child labour and forced labour
  • Community investment

Environmental Achievements

  • Reduced GHG emissions (Scope 1 & 2) from 1,062.60 tonnes CO2e in 2022 to 779.48 tonnes CO2e in 2023.
  • Improved water consumption intensity from 1.54 m3/HKD million revenue in 2022 to 1.65 m3/HKD million revenue in 2023.
  • Reduced hazardous waste from 26.66 tonnes in 2022 to 23.15 tonnes in 2023.

Social Achievements

  • Implemented a comprehensive employment management system.
  • Provided regular annual health checks for employees.
  • Established a proficient system for managing complaints.
  • Organized anti-corruption trainings for directors and employees.
  • Provided training on hazardous waste management.

Governance Achievements

  • Established an ESG Working Group.
  • Engaged Riskory Consultancy Limited as sustainability consultant.
  • Established a whistle-blowing mechanism.
  • Established an anti-corruption and bribery policy.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
  • Reduce 8% of water consumption intensity for operations in Beijing and Tianjin by 2050.
  • Source 100% renewable energy by 2040.
Medium-term Goals:
  • Reduce scope 1 and 2 GHG emission intensity by 35% by 2030.
  • Achieve 80% or above recycle or reuse rate by 2030.

Environmental Challenges

  • Supply chain and logistics risks due to poorly positioned suppliers.
  • Operational impact due to pandemics.
  • Challenges in the property management business.
Mitigation Strategies
  • Supplier assessment based on service delivery, product quality, after-sales services, financial conditions, and industry partner appraisal.
  • Closely following news, information, policies, and regulatory authority guidelines to assess and predict the impact of pandemics.
  • Implementing effective measures to manage material risks.

Supply Chain Management

Supplier Audits: 10 suppliers assessed and reviewed

Responsible Procurement
  • Supplier Environmental and Social Code of Conduct
  • Environmental Procurement Management Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events and natural hazards (such as severe flooding)

Reporting Standards

Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: ISO 14001:2015

Awards & Recognition

  • Certificate of Honour from Sanlitun Street Disabled Persons’ Federation

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:819.66 tCO2e/year
Scope 1 Emissions:33.12 tCO2e/year
Scope 2 Emissions:771.67 tCO2e/year
Scope 3 Emissions:14.87 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:1,466.46 MWh/year
Water Consumption:5,143 m3/year
Waste Generated:25.06 tons/year
Carbon Intensity:0.25 tCO2e/HKD million revenue (2024)

ESG Focus Areas

  • Climate Change
  • Supply Chain Management
  • Employee Well-being
  • Business Ethics
  • Community Investment

Environmental Achievements

  • Beijing Mei He Zhen Yong Motors Trading Limited received the Certificate of Carbon Neutrality, neutralizing 520 tonnes of greenhouse gas emissions.

Social Achievements

  • Established a volunteer service team providing free health consultation and diagnosis services.
  • Employees made donations to support typhoon reconstruction work.
  • Broadcasted promotional videos promoting social inclusivity.

Governance Achievements

  • Established an ESG Working Group to assist the Board in promoting, developing, and implementing ESG-related initiatives.
  • Adopted the Model Code for Securities Transactions by Directors of Listed Issuers.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
  • Reduce 8% of water consumption intensity for operations in Beijing and Tianjin by 2050.
Medium-term Goals:
  • Reduce scope 1 and scope 2 GHG emission intensity by 35% by 2030.
  • Achieve 80% or above recycle or reuse rate by 2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Decreased sales of automobiles due to weak market sentiment and keen competition.
  • Significant decrease in segment profit and uncertainties of the economic market conditions.
  • Impairment losses on goodwill and property, plant and equipment.
  • Borrowers' default of loan agreements.
Mitigation Strategies
  • Implemented significant changes to its corporate structure to enhance operational efficiency and optimise management processes.
  • Actively adjusting corporate strategy and optimising resource allocation.
  • Seeking legal advice regarding enforcement of judgments against borrowers.
  • Established a departmental leadership accountability system to maintain integrity and compliance.

Supply Chain Management

Supplier Audits: 9/10

Responsible Procurement
  • Supplier assessment considering service delivery, product quality, after-sales services, financial conditions, and industry partner appraisal.
  • Environmental Procurement Management Policy.
  • Supplier Environmental and Social Code of Conduct.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events and natural hazards (e.g., severe flooding).
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Appendix C2 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: ISO 14001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Certificate of Carbon Neutrality for Beijing Mei He Zhen Yong Motors Trading Limited