Climate Change Data

HEATEC JIETONG HOLDINGS LTD.

Climate Impact & Sustainability Data (2017)

Reporting Period: 2017

Environmental Metrics

ESG Focus Areas

  • Economic
  • Social
  • Environmental
  • Governance

Environmental Achievements

  • Consolidated office operations from three to two floors, resulting in energy savings.
  • Implemented a 3-R approach (reduce, reuse, recycle) to minimize waste and resource use.
  • Implemented two-sided printing in office operations to save paper.
  • Round-the-clock monitoring through a National Environmental Agency-approved waste effluent system with extensive recycling program.

Social Achievements

  • No on-the-job fatalities since operations began.
  • 5 cases of non-conformity recorded in FY2017 (Occupational Health and Safety).
  • Met target of 85% partner customer satisfaction and no more than one customer reject a month.
  • Met internal target of no more than 2 in-house product non-compliance incidents a month.
  • Average of 8 hours of training for existing employees and 44 hours for new employees in FY2017.
  • Meal-on-wheels volunteer program, annual company Chinese New Year lunch, futsal competition, company annual party, and contributions to charity events.

Governance Achievements

  • Established a Sustainability Committee.
  • Compliance with the Code of Corporate Governance.
  • No significant fines or non-monetary sanctions for non-compliance with laws and regulations in FY2017.
  • No reported incidents of corruption during the reporting period.

Climate Goals & Targets

Environmental Challenges

  • Extensive electricity consumption in operations.
  • Managing environmental and social issues within the business model.
  • Continuously improving OH&S performance by reducing, minimizing, and preventing health and safety breaches.
Mitigation Strategies
  • Closer monitoring of electricity consumption.
  • Incorporating environmental and social issues into the business model and company culture.
  • Implementing follow-up actions to address findings from external audits.
  • Working continuously to incorporate ESG issues into the business model and infuse it into the company culture.

Supply Chain Management

Supplier Audits: Annual audits for quality and performance

Responsible Procurement
  • 9-step supplier pre-assessment procedure (currently focuses on economic criteria; labour practices to be included in the future).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards (Core level)

Certifications: OHSAS 18001:2007 (Occupational Health and Safety)