Fameglow Holdings Limited 亮晴控股有限公司
Climate Impact & Sustainability Data (2021-03 to 2022-03, 2022-04 to 2023-03)
Reporting Period: 2021-03 to 2022-03
Environmental Metrics
Total Carbon Emissions:199,201 kg CO2e
Scope 1 Emissions:0 kg CO2e
Scope 2 Emissions:195,280 kg CO2e
Scope 3 Emissions:3,921 kg CO2e
Total Energy Consumption:356,896 kWh
Water Consumption:657 m3
Waste Generated:5,358 kg (non-hazardous), 83 kg (hazardous)
ESG Focus Areas
- Greenhouse gas emissions
- Waste management
- Energy consumption
- Water consumption
- Equal opportunities
- Occupational health and safety
- Employee development and training
- Supplier selection and assessment
- Customer satisfaction
- Anti-corruption practices
Environmental Achievements
- Reduced GHG emissions to 199,201 kg CO2 in 2022 from 215,616 kg in 2021. Implemented energy saving practices at clinics (details in Use of Resources section).
Social Achievements
- Maintained compliance with employment ordinances and anti-discrimination laws. Provided professional training to therapists. Achieved "Caring Company" status.
Governance Achievements
- Provided anti-corruption training for directors and senior management. Implemented whistleblowing procedures.
Climate Goals & Targets
Environmental Challenges
- Government policies risk: Potential tightening of regulations in the beauty service industry. Risk of adverse economic, social, or political conditions in Hong Kong.
- COVID-19 pandemic: Temporary closure of medical aesthetic centers impacting revenue and employee turnover.
Mitigation Strategies
- Continuous monitoring of market conditions and development of sustainable development strategies. Cost control measures and strategies to enhance revenue. Negotiation with bankers for credit facilities. Financial support from Controlling Shareholders.
Supply Chain Management
Responsible Procurement
- Stringent policies for selecting suppliers considering reputation, safety records, past performance, quality, price, delivery, relationship, service quality, and product types. Regular review and assessment of suppliers’ performance and qualifications.
Climate-Related Risks & Opportunities
Physical Risks
- Warmer weather, extreme precipitation events, heavy rainfall
Transition Risks
- Policy and Legal Risks
- Technology Risk
- Market Risk
- Reputation Risk
Opportunities
- Resource Efficiency
- Energy Source
- Products & Services
- Market
- Resilience
Reporting Standards
Frameworks Used: GEM Listing Rules
Awards & Recognition
- "Caring Company"
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Total Carbon Emissions:19349 kg CO2e
Scope 1 Emissions:0 kg CO2e
Scope 2 Emissions:18693 kg CO2e
Scope 3 Emissions:656 kg CO2e
Total Energy Consumption:341637 kWh
Water Consumption:110 m3
Waste Generated:5447 kg (112kg hazardous, 5335kg non-hazardous)
ESG Focus Areas
- Greenhouse gas emissions
- Waste management
- Energy consumption
- Water consumption
- Equal opportunities
- Occupational health and safety
- Employee development and training
- Supplier selection and assessment
- Customer satisfaction
- Anti-corruption practices
Environmental Achievements
- Reduced GHG emissions to 19,349 kg CO2 in 2023 from 199,201 kg CO2 in 2022. Implemented energy-saving practices in clinics (LED lights, energy-saving mode for appliances, reduced air conditioning and lighting).
Social Achievements
- Achieved "Caring Company" status. Made charitable donations of approximately HK$63,000.
- Provided training on occupational health and safety and compliance to all employees.
Governance Achievements
- Established and implemented a Code of Conduct Policy and a Whistleblowing Policy. Provided anti-corruption training for directors and senior management.
Climate Goals & Targets
Environmental Challenges
- Government policies risk: Potential tightening of regulations in the beauty service industry.
- Risk of adverse economic, social, or political conditions in Hong Kong.
- High employee turnover rate (74.2%) due to the COVID-19 pandemic and temporary closures.
Mitigation Strategies
- Closely monitoring market conditions and developing sustainable development strategies.
- Implementing COVID-19 control measures (temperature checks, mask mandates, disinfection, etc.).
- Providing training and development opportunities for employees to improve retention.
Supply Chain Management
Responsible Procurement
- Stringent policies for selecting suppliers considering reputation, safety records, past performance, quality, price, delivery, relationship, and service.
Climate-Related Risks & Opportunities
Physical Risks
- Warmer weather
- Heavy rainfall
- Extreme weather events
Transition Risks
- Policy and Legal Risks
- Technology Risk
- Market Risk
- Reputation Risk
Opportunities
- Resource efficiency and cost savings
- Adoption of low-emission energy sources
- Development of new products and services
- Access to new markets
- Building resilience along the supply chain
Reporting Standards
Frameworks Used: GEM Listing Rules
Awards & Recognition
- Caring Company