Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Part of lightings in the HK Office and flagship store have been installed with LED, instead of compact fluorescent lamps, to reduce electricity consumption.
• Consumption of water has been reduced through water conservation measures in the HK Office.
• More energy efficient air conditioners were selected in Year 2018 thus reducing the relevant consumption of electricity.
• Minimized environmental impact by using recyclable paper and paper boxes and promoting waste separation in the HK Office and flagship store.

Social Achievements

• Implemented a comprehensive human resources management policy covering compensation, dismissal, recruitment, promotion, working hours, appraisal, training, and benefits.
• Provided a working environment free from discrimination.
• Offered diverse training and development programs to employees.
• Committed to providing every employee with 2 training days annually.
• Encouraged employees to participate in recreational activities to enhance team spirit and morale.

Governance Achievements

• Established an anti-corruption policy with standards of conduct for all employees.
• Implemented a whistle-blowing policy for reporting suspected irregularities, fraud, and corruption.
• Maintained compliance with relevant laws and regulations regarding employment, occupational safety, and anti-corruption.

Climate Goals & Targets

Environmental Challenges

• Minimizing environmental impact from operations, particularly energy consumption, water usage, and waste generation.

Mitigation Strategies

• Implemented energy-saving measures such as LED lighting and energy-efficient air conditioners.
• Promoted water conservation among employees.
• Encouraged waste reduction and recycling practices.

Supply Chain Management

Responsible Procurement

• Adherence to international best practices and fair procurement processes.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 20 to the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Part of lightings in the HK Office and flagship store has been installed with LED, instead of compact fluorescent lamps, to reduce electricity consumption.
• Consumption of water has been reduced through water conservation measures in the HK Office.
• More energy efficient air conditioners were selected in 2019, reducing electricity consumption.
• Minimized environmental impact by using recyclable paper and paper boxes and promoting waste separation in the HK Office and flagship store.

Social Achievements

• Provided a wide-range of fringe benefits such as annual leave, sick leave, maternity leave, marriage leave and medical insurance coverage in accordance with the local laws and regulations.
• Offered diverse training and development programs relevant to employees' required skills and knowledge, with a commitment to 2 training days annually.
• Encouraged employees to participate in recreational activities to enhance team spirit and morale.
• Maintained a working environment free from discrimination.

Governance Achievements

• Established an effective whistle-blowing policy for reporting suspected irregularities, fraud and corruption.
• Implemented stringent anti-corruption policies and a zero-tolerance approach to corruption.
• Adhered to international best practices and conducted fair and unbiased procurement processes when dealing with suppliers.

Climate Goals & Targets

Environmental Challenges

• Minimizing electricity consumption, greenhouse gas emissions and waste disposal.
• Maintaining compliance with environmental, labor, and anti-corruption regulations.

Mitigation Strategies

• Implemented energy-saving measures (LED lighting, energy-efficient air conditioners), water conservation, and waste reduction initiatives.
• Closely monitored energy consumption, greenhouse gas emissions, and waste disposal levels.
• Established policies and procedures to minimize electricity and water usage.
• Implemented stringent anti-corruption policies and a zero-tolerance approach to corruption.

Supply Chain Management

Responsible Procurement

• Adherence to international best practices and fair and unbiased procurement processes.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 20 to the Rules Governing the Listing of Securities of the GEM Listing Rules)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Part of lightings in the HK Office, fashionable lifestyle grocery stores and flagship store has been installed with LED, instead of compact fluorescent lamps, to reduce electricity consumption.
• Consumption of water has been reduced through strict control and encouragement of water saving among staff.
• More energy efficient air conditioners were selected in Year 2020 thus reducing the relevant consumption of electricity.
• The HK Office, fashionable lifestyle grocery stores and the flagship store have made their best effort to minimise their impact on the environment by using recyclable paper and paper boxes. Separation of wastes such as cartons and plastic bottles is promoted.

Social Achievements

• The Group has a set of comprehensive human resources management policy to provide guidance and requirements for employees’ behaviour.
• The Group is committed to providing every employee with 2 training days annually.
• Employees are encouraged to participate in the recreational activities in order to enhance the team spirit, employee’s sense of belonging and morale.

Governance Achievements

• The Group always adheres to international best practices and conducts fair and unbiased procurement processes when dealing with suppliers.
• The Group adheres to the principle of transparency and implement the values of honesty, integrity and fairness in the supply chain management.
• The Group establishes an effective whistle-blowing policy for reporting suspected irregularities, fraud and corruption via specified channels.

Climate Goals & Targets

Environmental Challenges

• Minimizing the impacts on the environment of its business activities.

Mitigation Strategies

• A number of initiative measures designed to conserve resources has been introduced so as to promote employees’ awareness of resources conservation in order to achieve efficient use of resources.

Supply Chain Management

Responsible Procurement

• Fair and unbiased procurement processes; transparency; honesty, integrity and fairness.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix 20 to the Rules Governing the Listing of Securities of the GEM Listing Rules)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Part of lightings in the HK Office, fashionable lifestyle grocery stores and flagship store has been installed with LED, instead of compact fluorescent lamps, to reduce electricity consumption.
• Consumption of water has been reduced due to water conservation measures in the HK Office.
• More energy efficient air conditioners were selected in 2021, reducing electricity consumption.
• Minimized environmental impact by using recyclable paper and paper boxes and promoting waste separation in the HK Office, fashionable lifestyle grocery stores and flagship store.

Social Achievements

• Provided 2 training days annually for all employees.
• Offered diverse training and development programs relevant to employees' required skills and knowledge.
• Encouraged employees to participate in recreational activities to enhance team spirit and morale.
• Implemented pandemic prevention actions to enhance employee health and safety (providing masks, sanitizers, temperature checks, remote work).

Governance Achievements

• Established a whistleblowing policy.
• Implemented stringent anti-corruption policies and a zero-tolerance approach to corruption.
• Adhered to international best practices and conducted fair and unbiased procurement processes.

Climate Goals & Targets

Environmental Challenges

• Minimizing the environmental impact of packaging materials.
• Reducing energy consumption in the HK Office, fashionable lifestyle grocery stores and flagship store.

Mitigation Strategies

• Reduced use of packaging materials.
• Installed LED lighting, used more energy-efficient air conditioners, and implemented water conservation measures.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Adherence to international best practices and fair procurement processes.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 20 to the Rules Governing the Listing of Securities of the GEM Listing Rules)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced energy consumption intensity by an unspecified amount.
• Reduced non-hazardous waste produced intensity by an unspecified amount.
• Installed LED lighting in part of the HK Office, fashionable lifestyle grocery stores, and flagship store to reduce electricity consumption.

Social Achievements

• Provided 2 training days annually to all employees.
• Maintained a diversified workforce across gender, age, and experience.
• Implemented pandemic prevention actions including providing face masks and hand sanitizers, body temperature checks, and remote office arrangements.

Governance Achievements

• Established a whistleblowing policy.
• Implemented anti-corruption education and training.

Climate Goals & Targets

Environmental Challenges

• Potential climate-related risks (physical and transition risks) impacting business operations.
• Minimizing the environmental impact of packaging materials.

Mitigation Strategies

• Regularly reviews global and local government policies, regulatory updates, and market trends to identify potential climate-related risks.
• Developing a response plan to reduce the negative impacts of climate-related risks.
• Reducing the use of packaging materials.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Fair and unbiased procurement processes; selection of suppliers with good environmental and social responsibility records.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 20 to the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced NOx, SOx, and PM emissions intensity (targets set for 2% reduction by 2027)
• Reduced GHG emission intensity (targets set for 2% reduction by 2027)
• Reduced non-hazardous waste intensity (targets set for 2% reduction by 2027)
• Implemented energy-saving measures (LED lighting, energy-efficient air conditioners, etc.)
• Promoted resource conservation and waste reduction initiatives

Social Achievements

• Provided training and development programs for employees (2 training days annually)
• Maintained a safe and healthy working environment
• Implemented pandemic prevention measures (face masks, hand sanitizers, temperature checks, remote work)
• Offered competitive remuneration and welfare packages
• Emphasized equal employment opportunities

Governance Achievements

• Established a whistleblowing policy
• Implemented anti-corruption policies and training
• Complied with relevant laws and regulations

Climate Goals & Targets

Environmental Challenges

• Potential climate-related risks (physical and transition risks)
• Maintaining high employee satisfaction

Mitigation Strategies

• Regular review of government policies, regulatory updates, and market trends to identify climate-related risks
• Development of response plans to reduce negative impacts of climate-related risks
• Continuous incorporation of sustainable practices in business operations
• Providing after-sales services to enhance customer satisfaction

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Fair and unbiased procurement processes
• Selection of suppliers with good environmental and social responsibility records

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 20 to the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced NOx, SOx, and PM emissions intensity (targets: 2% reduction by 2027, progress in 2024)
• Reduced GHG emission intensity (targets: 2% reduction by 2027 for Scopes 1, 2, and 3, progress in 2024)
• Reduced non-hazardous waste intensity (targets: 2% reduction by 2027, progress in 2024)
• Installed LED lighting in HK Office, grocery stores, and flagship store to reduce electricity consumption
• Implemented water conservation measures in HK Office, reducing water consumption

Social Achievements

• Maintained a diverse workforce (gender balance, age distribution)
• Provided training and development programs (although no training was conducted in 2024, a target of 2 training days annually is set)
• Maintained a safe working environment (no work-related fatalities or recordable injuries in 2024)
• Implemented anti-corruption training for directors and staff

Governance Achievements

• Established a whistleblowing policy
• Conducted regular reviews of global and local government policies, regulatory updates, and market trends to identify potential climate-related risks

Climate Goals & Targets

Environmental Challenges

• Potential impact of climate change on business operations
• Maintaining customer satisfaction

Mitigation Strategies

• Regular review of climate-related risks and development of response plans
• Providing after-sales services to customers, handling complaints and product recalls

Supply Chain Management

Responsible Procurement

• Fair and unbiased procurement processes
• Selection of suppliers with good environmental and social responsibility records and/or environmental certifications

Climate-Related Risks & Opportunities

Reporting Standards

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