Climate Change Data

Perfect Optronics Limited

Climate Impact & Sustainability Data (2017)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:126 tonnes of CO2e
Scope 1 Emissions:63.0 tCO2e
Scope 2 Emissions:63.0 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:118,609 kWh
Water Consumption:519 tonnes
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Implemented a green office scheme, “Let’s GO”, focusing on energy and resource conservation, waste reduction, and promoting green habits among employees.

Social Achievements

  • Donated HK$200,000 to Heep Hong Society to support children and youth with special education needs.
  • Established a comprehensive personnel management system compliant with relevant labor laws and regulations.
  • Maintained a safe and healthy working environment for employees.

Governance Achievements

  • Established an Anti-Fraud Management System to prevent bribery, blackmail, fraud, and money laundering.
  • Adopted a code of conduct for employees reinforcing awareness of anti-harassment policies.
  • Maintained directors and officers liability insurance.

Climate Goals & Targets

Environmental Challenges

  • Fierce market competition from domestic China display panel manufacturers.
  • Decreased market demand for traditional 16:9 aspect ratio display panels due to the introduction of 18:9 panels.
  • Significant drop in revenue from display products.
  • Increased direct supply of display modules to mobile phone manufacturers by a major supplier.
Mitigation Strategies
  • Diversifying products by exploring new customers and suppliers.
  • Expanding business channels to various display products (computer notebooks, monitors, televisions).
  • Enhancing product diversity, widening customer base, and introducing new suppliers.
  • Maintaining a flexible business strategy to explore new business opportunities.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Corruption-free procurement process; requiring suppliers to provide evidence of licenses and permits; encouraging major suppliers to commit to social responsibility.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Appendix 20 to the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited

Third-party Assurance: Not disclosed