Climate Change Data

Environmental Metrics

ESG Focus Areas

• Legal Operation
• Employee Training and Development
• Employee Health and Safety
• Employee Benefits and Welfare
• Suppliers Legal Operation and Quality Standards

Environmental Achievements

• Installed LED lights with higher energy efficiency in the offices to replace traditional fluorescent tubes
• Encouraged employees to minimise the use of lights when natural light is abundant
• Central air-conditioning is subject to reasonable adjustments in different seasons
• electrical appliances are subject to regular energy consumption inspections
• energy saving and environmental protection are considered in the procurement of new electrical appliances
• Actively advocates the green policy of sustainable development and strives to save energy, water, paper and other resources within its capacity

Social Achievements

• Provides employees with attractive, reasonable and fair treatment and remuneration, and actively improves the employee benefit policies to increase employees’ sense of belonging and work enthusiasm
• Provides performance-based salary according to the work performance and position of employees to enhance the motivation of employees to work hard
• Provides a wide range of benefits to employees, including labour insurance, Mandatory Provident Fund, medical and life insurance, telecommunication subsidy, lunch allowance, overtime subsidy, travel allowance, heatstroke prevention subsidy and labour protection allowance
• Arranges various kinds of recreational activities, dinners and parties for our employees from time to time
• Established a comprehensive remuneration and welfare protection system in accordance with the laws, and adheres to the principle of equal and fair employment

Governance Achievements

• Upholds a high standard of integrity and professional ethics in its operations
• Strictly complies with relevant laws and regulations such as the Hong Kong Companies Ordinance, the Company Law of the People’s Republic of China, and the Anti-Unfair Competition Law of the People’s Republic of China
• Adopts a zero-tolerance approach to any form of bribery and corruption, and requires employees to perform their duties with integrity and serve customers with a fair and professional attitude
• Established a reliable whistle-blowing channel for employees and those who deal with the Group to report any suspected misconduct to the Group verbally or in writing

Climate Goals & Targets

Environmental Challenges

• Limited supply chain disruptions because many facilities have been temporarily closed and the concerns that the restaurants, entertainment stores and factories may remain shut for longer than usual due to travel restrictions
• The economic environment changed since January 2020 due to the outbreak of the coronavirus disease 2019 (“ COVID-19 ”), lots of our customers and NOD Union members had closed or suspended their business
• Exhibition industry experienced difficulties in operations, mainly due to the social instability in Hong Kong and the outbreak of COVID-19
• Overall cultural and entertainment business performance was weak after the outbreak of COVID-19

Mitigation Strategies

• The Group will be more prudent in managing exhibition and entertainment business operations and evaluating business developing opportunities to diversify the revenue sources and strengthen the competitive advantages in order to minimise the possible exposure to the uncertainties in both Hong Kong and the PRC markets
• The Group took a relatively prudent direction in its traditional market and sought opportunities in online market
• Developing e-platform, ɞ˧࢈( transliterated as “ Octopus Entertainment ”), is expected to be launched in the near future
• The Group will hold saving resources as its basic principle, taking restrictive cost control measures in order to stay strong in this economic downturn, in the meantime expedite the process of the e-platform to shift some of the promotion and marketing workload to online business and to explore new business opportunities

Supply Chain Management

Responsible Procurement

• The Group always selects legitimate suppliers with outstanding quality, relevant qualifications and excellent service capabilities on the basis of transparency and fairness
• The performance of suppliers in discharging their environmental and social responsibilities is also one of the evaluation criteria for our suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Appendix 27 to the Main Board Listing Rules of the Stock Exchange of Hong Kong Limited