Minsheng Education Group Company Limited
Climate Impact & Sustainability Data (2018, 2019, 2020)
Reporting Period: 2018
Environmental Metrics
Total Carbon Emissions:17,851 tCO2e/year
Scope 1 Emissions:4,883 tCO2e/year
Scope 2 Emissions:12,162 tCO2e/year
Scope 3 Emissions:806 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:35,832,858 kWh/year
Water Consumption:1,193,369 m3/year
Waste Generated:Not disclosed
Carbon Intensity:0.39 tCO2eq. per person
ESG Focus Areas
- Occupational Health and Safety
- Anti-corruption
- Water
- Environmental Protection Measures
- Employment
- Development and Training
- Labour Standards
- Service quality
Environmental Achievements
- Implemented energy-saving schemes, including using solar energy collectors and optimizing air conditioning systems in dormitories.
- Renovated indoor natural gas pipelines to prevent leakage.
- Implemented waste reduction initiatives, such as banning disposable food containers and promoting recycling.
Social Achievements
- Adjusted and increased base salary for teachers and staff.
- Offered various cultural and sports activities for employees.
- Established a mature mechanism and system for employee appraisal and promotion.
Governance Achievements
- Established a comprehensive whistleblowing procedure to prevent bribery and other unethical conducts.
- Strictly followed relevant laws and regulations on employment and labor practices, ensuring no child labor or forced labor.
Climate Goals & Targets
Environmental Challenges
- Lack of appropriate measuring methods for recording non-hazardous waste.
- Limited data on waste generation for calculating indirect GHG emissions from waste paper.
Mitigation Strategies
- The Group will review and explore systematic approaches for collecting waste information in the future.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Bidding process for purchases exceeding RMB 20,000; price comparison for smaller purchases.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited
Third-party Assurance: Not disclosed
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:21,555.22 tCO2e/year
Scope 1 Emissions:4,602.79 tCO2e/year
Scope 2 Emissions:1,342.61 tCO2e/year
Scope 3 Emissions:15,609.82 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:47,830,192 kWh/year
Water Consumption:2,021,208 m3/year
Waste Generated:Not disclosed
Carbon Intensity:0.29 tCO2eq. per person
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Implemented energy-saving schemes in dormitories (e.g., setting AC at 26 degrees Celsius or above)
- Implemented water-saving schemes (e.g., installing water-saving valves, reusing grey water)
- Waste reduction initiatives (e.g., reuse, recycle, banning disposable containers)
Social Achievements
- Provided comprehensive career development and training to employees
- Established scholarships and grants to support students
- Organized various safety education activities for employees and students
- Actively participated in community engagement events (e.g., donating to foundations, providing free medical services)
Governance Achievements
- Established a comprehensive whistleblowing system to prevent corruption
- Strict compliance with laws and regulations related to employment, food safety, and data protection
- Implemented strict supplier selection process to ensure high quality work and satisfactory environmental and social performance
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Lack of appropriate measuring methods for non-hazardous waste
- No formal anti-discrimination policy
Mitigation Strategies
- Will review and explore systematic approach for collecting information of non-hazardous waste in the future
- Equal opportunities are given to employees in recruitment, training, job advancement, and compensation regardless of gender, ethnicity, religion, etc.
Supply Chain Management
Supplier Audits: Regular audits
Responsible Procurement
- Strict supplier selection process
- Tender process or price comparison of at least 3 qualified supplies
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities on 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
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:28,191.19 tCO2e/year
Scope 1 Emissions:4,434.47 tCO2e/year
Scope 2 Emissions:399.76 tCO2e/year
Scope 3 Emissions:23,356.96 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:41,904,782 kWh/year
Water Consumption:1,862,911 m3/year
Waste Generated:Not disclosed
Carbon Intensity:0.35 tCO2eq. per person
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Implemented measures to save energy, reduce direct and indirect emissions, and practice the reduce/reuse/recycle methodology in treating waste.
- Reduced electricity purchased compared to the previous year due to energy saving initiatives and COVID-19 related school closures.
Social Achievements
- Established a competitive remuneration system for employees.
- Provided free health check-ups to employees.
- Organized various activities to enhance communication among employees and students.
- Implemented comprehensive career development and training programs for employees.
- Established policies to prevent child labor and forced labor.
- Implemented measures to ensure food safety and hygiene in canteens.
- Established systems to protect student health.
- Implemented measures to protect data privacy.
Governance Achievements
- Established a comprehensive whistleblowing system.
- Strictly followed relevant laws and regulations related to commercial bribery.
- Implemented policies to monitor procurement procedures.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Lack of systematic approach for collecting information on non-hazardous waste.
- COVID-19 pandemic impacting operations and requiring mitigation strategies.
Mitigation Strategies
- The Group will continue to review and explore systematic approach for collecting information of non-hazardous waste in the future.
- Implemented pandemic prevention and control measures, including issuing relevant documents and hosting school-wide meetings.
Supply Chain Management
Supplier Audits: Regular audits conducted.
Responsible Procurement
- Strict supplier selection process; requires qualification certificates, adherence to quality, safety, and environmental protection requirements; complete inspection reports; complete supply and after-sales service systems.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on 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