Climate Change Data

Jiahua Stores Holdings Limited

Climate Impact & Sustainability Data (2019, 2022, 2023)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:36,341 tonnes of carbon dioxide equivalent
Scope 1 Emissions:1205 tonnes of carbon dioxide equivalent
Scope 2 Emissions:36,136 tonnes of carbon dioxide equivalent
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:47,954.1 MWh
Water Consumption:693,649 m3
Waste Generated:Not disclosed
Carbon Intensity:0.17 tonnes of carbon dioxide equivalent per square meter

ESG Focus Areas

  • Operation management
  • Product responsibility
  • Anti-corruption
  • Employment
  • Development and training
  • Labour standards
  • Supply chain management
  • Health and safety
  • Environmental protection
  • Community investment

Environmental Achievements

  • Reduced diesel and petrol consumption, leading to a decrease in Scope 1 greenhouse gas emissions.

Social Achievements

  • Provided employees with competitive remuneration, assessment bonuses, and various allowances.
  • Offered various training programs to enhance employee skills and management capabilities.
  • Organized employee activities to enhance employee well-being and sense of belonging.

Governance Achievements

  • Established an ESG working committee and working group to formulate and implement ESG policies and measures.
  • Formulated an enterprise risk management mechanism and internal control system.
  • Established various anti-fraud systems and mechanisms, including anti-fraud training for all employees.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Data limitations in collecting information on packaging materials and non-hazardous waste.
  • Lack of complete policies on product labeling, supply chain management, and a safe working environment.
Mitigation Strategies
  • Plans to review data collection systems and formulate relevant policies to address data limitations and improve data integrity.
  • Plans to review current mechanisms and consider formulating relevant policies to reduce supply chain risks and protect employee health and safety.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Selection of suppliers based on proximity, cost savings, and direct goods sourcing.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Appendix 27 of the Listing Rules promulgated by the Stock Exchange “Environmental, Social and Governance Reporting Guide”

Certifications: ISO 9000

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

Environmental Metrics

Total Carbon Emissions:12,991.39 tCO2e/year
Scope 1 Emissions:1,607.76 tCO2e/year
Scope 2 Emissions:11,383.63 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:20,467.06 MWh/year
Water Consumption:331,964.10 m3/year
Waste Generated:166.97 tons/year
Carbon Intensity:0.08 tCO2e/m2

ESG Focus Areas

  • Environmental Protection
  • Employment and Labour Practices
  • Operation Management
  • Community Investment
  • Supply Chain Management
  • Anti-corruption

Environmental Achievements

  • GHG emissions decreased by approximately 36.75% compared to last year.
  • Recycling rate for non-hazardous waste amounted to approximately 97.2%
  • Two shopping malls chosen by Shenzhen Franchise Association as the Management Model Shop of Standardised Management on Food Safety in Shenzhen, and three retail stores were selected as standardized food safety management stores in Shenzhen.

Social Achievements

  • Granted employees who have rendered 5, 10, 15 or 20 years of service the gold coins and anniversary service certificates.
  • Provided various training and development opportunities for employees, including "CAD Practice", "O2O In-Purchase Online Operation Training", "New Employee Induction Training", "Live Broadcast Skills Training", "Fire Knowledge Training", "Digital Operation", etc.
  • Organized employee activities, including outdoor development training, birthday events, cooking competitions and Dragon Boat Festival parties.

Governance Achievements

  • Established an ESG structure comprising the Board, the Committee and the Working Group.
  • Established a risk management organizational framework composed of the Group’s Board, audit committee and senior management.
  • Formulated an enterprise risk management mechanism and internal control system.
  • Established a whistle-blowing mechanism to prevent and stop fraud.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce electricity consumption intensity by 5% and water consumption intensity by 2025.
  • Reduce total non-hazardous waste intensity by 2026.
  • Install solar energy facilities in the Songgang and Longhua stores by 2025.

Environmental Challenges

  • Supply chain disruptions due to extreme weather.
  • Compliance costs may increase due to tightening environmental and climate-related legislation or regulations.
  • Failure to meet new legal and regulatory requirements related to environmental and climate change.
Mitigation Strategies
  • Developed countermeasures against risks associated with extreme weather, including regular inspection of drainage facilities, emergency evacuation drills, and establishing a diversified supplier network.
  • Regularly monitor existing and emerging trends, policies and regulations related to climate change.
  • Set environment-related targets, including reduction of waste, gas and GHG emissions, conservation of electricity and water, and waste reduction at sources.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Admission System
  • Supplier Introduction System

Climate-Related Risks & Opportunities

Physical Risks
  • Typhoons, heavy rainfall and flooding
  • Supply chain disruptions due to extreme weather
Transition Risks
  • Compliance costs may increase due to tightening environmental and climate-related legislation or regulations.
  • Failure to meet new legal and regulatory requirements related to environmental and climate change.
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide

Certifications: ISO9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:18,131.07 tCO2e/year
Scope 1 Emissions:1,801.82 tCO2e/year
Scope 2 Emissions:16,329.25 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:29,121.21 MWh/year
Water Consumption:360,489.00 m3/year
Waste Generated:240.01 tons/year
Carbon Intensity:0.09 tCO2e/m2

ESG Focus Areas

  • Environmental Protection
  • Employment and Labour Practices
  • Operation Management
  • Community Investment
  • Climate Change
  • Supply Chain Management
  • Anti-corruption

Environmental Achievements

  • Reduced NOx, SOx, and PM emissions by approximately 9% compared to the previous year.
  • Decreased GHG emissions intensity (tCO2e/m2) by approximately 33.45% compared to the 2021 baseline.
  • Decreased non-hazardous waste intensity (tonnes/m2) by approximately 4.57% compared to the 2021 baseline.
  • Increased use of renewable energy through solar energy facilities in Songgang and Longhua stores.
  • Recycling rate for non-hazardous waste reached approximately 98.1%.

Social Achievements

  • Established a job assignment mechanism to reduce operational and human losses.
  • Enhanced the Performance Appraisal Incentive Plan.
  • Provided various training and development opportunities for employees.
  • Organised employee activities to foster team spirit and enhance employee well-being.
  • No material non-compliance with employment-related laws and regulations.

Governance Achievements

  • Established an effective ESG governance structure comprising the Board, the Committee, and the Working Group.
  • Conducted a materiality assessment survey to understand stakeholder expectations.
  • Implemented an enterprise risk management mechanism and internal control system.
  • Established a whistle-blowing mechanism to prevent and stop fraud.
  • Provided anti-fraud training for all employees.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce GHG emissions intensity (tCO2e/m2) by 2025 (using 2021 as the baseline year).
  • Reduce energy consumption intensity (MWh/m2) by 5% by 2025 (using 2021 as the baseline year).
  • Reduce water consumption intensity (m3/m2) by 2025 (using 2021 as the baseline year).
  • Reduce total non-hazardous waste intensity (tonnes/m2) by 2026 (using 2021 as the baseline year).

Environmental Challenges

  • Extreme weather events threatening employee safety and causing damage to buildings and properties.
  • Supply chain disruptions due to extreme weather.
  • Increasing compliance costs due to tightening environmental and climate-related legislation.
  • Potential for compliance risks and reputational damage from failing to meet new environmental and climate change regulations.
Mitigation Strategies
  • Closely monitoring weather news and government advice.
  • Regular inspection of drainage facilities and an effective alert system.
  • Emergency evacuation and rescue drills.
  • Diversified supplier network to maintain supply stability.
  • Regular monitoring of climate change trends, policies, and regulations.
  • Setting environmental targets for waste, gas, and GHG emissions reduction, and electricity and water conservation.

Supply Chain Management

Supplier Audits: Annual review of suppliers.

Responsible Procurement
  • Supplier Admission System
  • Supplier Introduction System
  • Online service system for suppliers to conduct tenders.

Climate-Related Risks & Opportunities

Physical Risks
  • Typhoons, heavy rainfall, flooding.
  • Supply chain disruptions due to extreme weather.
Transition Risks
  • Tightening environmental and climate-related legislation.
  • Compliance risks and reputational damage from failing to meet new regulations.
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix C2 of the Listing Rules on the Main Board of The Stock Exchange of Hong Kong Limited)

Certifications: ISO9001 (headquarters and Shiyan Store)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Management Model Shop of Standardised Management on Food Safety in Shenzhen (two shopping malls and one retail store)