Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Implemented waste management principle of “Reduce, Reuse, Recycle and Replace”, resulting in 59,565 pages of office paper disposed.
• Actively adopted electricity conservation and energy saving measures, resulting in 72,681 kWh of electricity consumed.
• Used energy efficient LED lighting to replace energy-inefficient light bulbs by phases.
• Adopted higher energy-efficiency office equipment.

Social Achievements

• Established policies to fulfil people-oriented management and realizing the full potential of employees.
• Provided regular training, development programmes and training sponsorship for employees.
• Maintained long term and stable relationships with major suppliers.
• Established relevant policies to help define appropriate methods in handling conflict of interests, accepting advantages, leakage of confidential information, embezzlement of the Group’s assets in one’s position, fraudulent financial statements, etc.

Governance Achievements

• Established an ESG working taskforce to report to the Board of Directors, assisting in risk assessment and internal control system evaluation.
• Implemented a whistleblowing policy to allow anonymous reporting of improprieties.

Climate Goals & Targets

Environmental Challenges

• Limited impact on the environment due to the nature of its advertising and media services business.
• Managing environmental and social risks of its supply chain.

Mitigation Strategies

• Implemented environmental policies focusing on waste and emission mitigation.
• Embedded environmental and social considerations in the procurement process and supplier communication.
• Continuously monitor its supply chain regarding environmental and social standards.

Supply Chain Management

Responsible Procurement

• All suppliers are evaluated carefully and are subjected to regular monitoring and assessment.
• Embedded environmental and social consideration in the procurement process and supplier communication.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix 27 of the Rules Governing the Listing of Securities on Main Board of The Stock Exchange of Hong Kong Limited)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Actively adopted measures for environmental protection, energy conservation, and water saving.
• Actively adopted paper saving measures in offices.
• Using energy-efficient LED lighting to replace energy-inefficient light bulbs by phases
• Adopting higher energy-efficient office equipment in our workplace
• Encouraging our staff to utilise teleconferences and video conferences, to reduce air and GHG emissions related to transportation needed for meetings

Social Achievements

• Established relevant policies to fulfil its vision on people-oriented management and realising the full potential of employees.
• Applied robust and transparent recruitment processes based on merit selection against the job criteria
• Offered rewards to employees in encouraging their continuous improvement.
• Provided regular training, development programmes and training sponsorship for its employees.
• Implemented the whistleblowing Policy

Governance Achievements

• Established the ESG working taskforce.
• Established relevant policies to define appropriate methods in handling conflict of interests, accepting advantages, leakage of confidential information, embezzlement of the Group’s assets in one’s position, fraudulent financial statements, etc.

Climate Goals & Targets

Environmental Challenges

• Increase in total GHG emissions and its intensity were resulted from the increase in administration work from carrying out accounting functions internally.
• Increase in paper consumption and its intensity were resulted from the increase in administration work from carrying out accounting functions internally.
• Increase in energy consumption was due to the increase in electricity consumption from more administration work resulted from the change to internal accounting functions.

Mitigation Strategies

• Actively adopting measures for environmental protection, energy conservation, and water saving.
• Actively adopting paper saving measures in offices.
• Using energy-efficient LED lighting to replace energy-inefficient light bulbs by phases
• Adopting higher energy-efficient office equipment in our workplace
• Encouraging our staff to utilise teleconferences and video conferences, to reduce air and GHG emissions related to transportation needed for meetings

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Suppliers are evaluated carefully and are subjected to regular monitoring and assessment; environmental and social considerations are embedded in the procurement process and supplier communication.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide

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 non-hazardous waste disposal by approximately 20% from approximately 0.71 tonnes in 2019 to approximately 0.57 tonnes in 2020.
• Implemented energy conservation measures such as using energy efficient LED lighting and adopting higher energy-efficiency office equipment.

Social Achievements

• Established policies for recruitment, compensation, promotion, working hours, diversity, equal opportunity and dismissal.
• Implemented policies on the prevention and remediation of safety accidents and detection of potential safety hazards in the workplace.
• Provided regular training, development programmes and training sponsorship for employees.

Governance Achievements

• Established an ESG working taskforce to collect relevant information on ESG aspects and report to the board of directors.
• Implemented a Whistle-blowing Policy to allow anonymous reporting of improprieties, misconducts, malpractices or irregularities.

Climate Goals & Targets

Environmental Challenges

• Increase in GHG emissions by approximately 8% from approximately 45.76 tCO2e in 2019 to approximately 49.55 tCO2e in 2020 due to increased electricity consumption.
• Increase in water consumption by approximately 37% from approximately 91 m3 in 2019 to approximately 125 m3 in 2020 due to increased sanitation needs in response to the COVID-19 pandemic.

Mitigation Strategies

• Actively adopting measures for environmental protection, energy conservation, and water saving.
• Actively adopting paper saving measures in the office.
• Strengthening water-saving promotion and guiding employees to use water reasonably.

Supply Chain Management

Supplier Audits: Regular monitoring and assessment

Responsible Procurement

• Policies and procedures to ensure suppliers compete in a transparent and fair way, preventing business bribery and conflict of interest.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (ESG Reporting Guide) as set out in Appendix 27 of 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

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Labour Practices
• Supply Chain Management
• Product Responsibility
• Anti-corruption
• Community Investment

Environmental Achievements

• Reduced GHG emissions by approximately 22.06% from approximately 49.55 tCO2e in 2020 to approximately 38.62 tCO2e in 2021 due to the decrease in the GHG intensity of the electricity generated by the power company.
• Reduced total non-hazardous waste disposed of by approximately 21.05% from approximately 0.57 tonnes in 2020 to approximately 0.45 tonnes in 2021.

Social Achievements

• Achieved zero fatalities and zero lost days due to work injury during 2021.
• Implemented whistle-blowing policy to allow anonymous reporting of improprieties.

Governance Achievements

• Established ESG working taskforce to collect ESG information and report to the board.
• Established relevant policies to define appropriate methods in handling conflict of interests, accepting advantages, leakage of confidential information, embezzlement of the Group’s assets in one’s position and fraudulent financial statements.

Climate Goals & Targets

Environmental Challenges

• Limited impact on the environment due to the nature of its business (advertising and media services).
• High employee turnover rate of 35.4% in 2021.

Mitigation Strategies

• Implemented various environmental protection measures, including encouraging teleconferences, adopting energy-saving measures, and actively adopting paper-saving measures.
• Regularly reviews its remuneration and promotion mechanism to retain talents.
• Strengthening the sanitation in its operations to ensure a healthy and safe working environment and implementing precautionary measures against COVID-19.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Local procurement to support local economic development and reduce emissions from shipping and storage.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (ESG Reporting Guide) as set out in Appendix 27 of 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

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Impact
• Governance Excellence
• Digital Responsibility

Environmental Achievements

• Reduced total GHG emissions (Scope 1 and 2) to 36.14 tCO2e from 36.22 tCO2e in 2023
• Implemented energy-efficient technologies, optimizing operations to minimize energy consumption and greenhouse gas emissions
• Collaborated with partners to promote sustainable sourcing practices and reduce waste generation

Social Achievements

• Implemented robust diversity and inclusion initiatives, ensuring equal opportunities for all employees and promoting a culture of respect and empowerment
• Strengthened employee well-being programmes, providing resources and support for physical and mental health
• Deepened engagement with local communities, supporting initiatives that enhance education, social welfare, and cultural development

Governance Achievements

• Upholding high standards of corporate governance, transparency, and integrity
• Implemented rigorous internal controls, fostering a culture of accountability and ethical conduct
• Actively engaged with shareholders, seeking their input and feedback

Climate Goals & Targets

Environmental Challenges

• Competition from other multinational media service players and small and medium-sized companies
• Heavy reliance on social media platforms for publication of creative content
• Sensitivity to changing viewer preferences
• Rapidly changing technologies
• Difficulty attracting, recruiting, or retaining key personnel
• Project-based business model with short-term agreements
• Decrease in demand for print media services
• Operating solely in a single geographical market
• Exposure to credit risk
• Expiry of contracts with contracted artistes
• Unauthorised use of brand names or intellectual property
• Risks associated with event organization
• Reliance on social media platform analysis systems
• Potential for IT system breakdowns

Mitigation Strategies

• Contingency plans for extreme weather events
• Regular monitoring of industry trends, policies, and regulations
• Human Resources and Payroll Policy for employment practices
• Stringent quality assurance process
• Intellectual Property Policy
• Data backup system and IT security measures
• Advertising Sales Policy
• Anti-fraud Policy
• Whistle-blowing Policy
• Regular review of staff benefits
• Supplier Code of Conduct

Supply Chain Management

Supplier Audits: Regular monitoring and assessment of 283 suppliers

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (typhoons, storms, torrential rain, extreme cold or hot weather)

Transition Risks

• Stringent climate-related legislation and regulations
• Reputational risks from failing to meet stakeholder expectations

Reporting Standards

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