Climate Change Data

Environmental Metrics

ESG Focus Areas

• Emissions
• Waste Management
• Water Discharge
• Energy Efficiency
• Water Conservation
• Use of Materials
• Noise Abatement
• Control of Environmental Impacts
• Health and Safety
• Employment
• Development and Training
• Labour Standards
• Supply Chain Management
• Product Responsibility
• Anti-corruption
• Community Investment

Environmental Achievements

• Achieved 2016 diesel consumption reduction target
• Successfully implemented dust suppression measures
• Reused treated site water for construction activities
• Utilized FSC-certified woods and pulverized fuel ashes
• Zero significant service-related complaint received

Social Achievements

• Zero case of work-related fatalities
• Met accident frequency rate target (less than 20 accidents per 1,000 employees)
• Received several safety awards
• Zero case of child and forced labour
• Received Caring Company Certificate

Governance Achievements

• Implemented Anti-bribery and Anti-corruption Policy
• Zero concluded legal case regarding corruption
• Adopted a Whistleblowing Policy

Climate Goals & Targets

Environmental Challenges

• Air emissions from construction sites
• Waste generation from construction activities
• Wastewater generation from foundation piling
• Noise nuisance during construction
• Dust dispersion during construction
• Nonpoint source water pollution

Mitigation Strategies

• Implemented emission control measures (NRMM certification, air pollution control equipment, ULSD)
• Applied 4R principles of waste reduction (reduce, reuse, recycle, replace)
• Installed sedimentation tanks to treat wastewater
• Strictly monitored and controlled noise levels (QPME labelled machineries, noise barriers)
• Implemented dust suppression measures (covering/dampening materials, water spraying, wheel washing)
• Established temporary drainage network to collect discharges

Supply Chain Management

Responsible Procurement

• Criteria regarding quality, health and safety, and environmental issues
• Preference on regionally sourced materials (within 800km)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: HKEx ESG Reporting Guide

Certifications: ISO 14001:2004, ISO 50001:2011, OHSAS 18001:2007, ISO 31000:2009, ISO 9001:2008

Awards & Recognition

• Caring Company Certificate
• Several safety awards (Bronze, Silver, Merit)

Environmental Metrics

ESG Focus Areas

• Emissions
• Use of resources
• The environment and natural resources
• Labour standards
• Employment
• Health and safety
• Development and training
• Supply chain management
• Community investment
• Anti-corruption
• Quality control

Environmental Achievements

• 100% of internal IMS audited construction projects met energy conservation targets in reducing diesel consumption.
• 8% of total fuel used on one construction site was biodiesel.
• 73% of materials used were manufactured within 800km.
• 100% of materials for wooden structures used on site were from sustainable sources (FSC-certified).

Social Achievements

• Launched a Safety Culture Enhancement Scheme for Management and Supervisory Staff in early 2018.
• Recorded no fatal incidents and 22.1 injury rate per 1,000 employees (compared to industry average of 34.5).
• Various safety awards received from relevant organizations.
• Provided a variety of training topics including health and safety, environment, Mandarin lessons, and other professional development courses.
• Donated HKD350,000 and contributed 296 hours of social services.

Governance Achievements

• Established a whistleblowing policy to encourage reporting of suspicious activities.

Climate Goals & Targets

Environmental Challenges

• Non-conformities recorded in construction sites related to water pollution, air pollution, noise control, and public health.

Mitigation Strategies

• Rectified non-conformities through various measures including removal of water hoses, communication with subcontractors, suspending works, providing training, and implementing mosquito control solutions.

Supply Chain Management

Responsible Procurement

• Careful consideration of quality, health and safety, and environment in supplier assessment; regular review of selected suppliers and subcontractors.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Appendix 27 of the Rules Governing the Listing of Securities (ESG Guide)

Certifications: ISO 14001, ISO 50001, ISO 9001:2015, OHSAS 18001:2007

Third-party Assurance: Allied Environmental Consultant Limited (AEC)

Awards & Recognition

• Diamond Leadership award from Youth Outreach

Environmental Metrics

ESG Focus Areas

• Energy Consumption and Emissions
• Water Resources
• Waste Management
• Construction Material Selection
• Safe Operations
• Quality Assurance
• Acquiring and Developing Talents
• Anti-corruption
• Community Investment

Environmental Achievements

• All internally IMS audited construction projects met energy conservation targets in reducing diesel consumption.
• Zero non-conformities with Water Pollution Control Ordinance, Air Pollution Control Ordinance, Noise Control Ordinance and Public Health and Municipal Services Ordinance during the Reporting Year.
• 18% of construction materials came from recycled sources.
• 78% of materials manufactured within 800km to reduce transportation emissions.

Social Achievements

• Zero fatality incidents during the Reporting Year.
• Accident rate per 1,000 employees is 21.5, 2.7% lower than the previous year.
• Launched Safety Culture Scheme resulting in 9 self-initiative localized work suspension cases with improvement measures implemented.
• No reported complaints received.
• Awarded “Caring Company” label by the Hong Kong Council of Social Service and “People Development Program of the Customer Relationship Excellence Awards” by the Asia Pacific Customer Service Consortium.

Governance Achievements

• No material non-compliance with local laws and regulations relating to anti-corruption.

Climate Goals & Targets

Environmental Challenges

• Improving resource efficiency
• Minimizing operational emissions
• Securing employees’ safety
• Meeting clients’ requirements

Mitigation Strategies

• Continue to implement the IMS to monitor environmental and social performance, set out improvement targets and maintain responsible operations.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Selecting construction material suppliers within 800km
• Utilizing materials through sustainable sourcing (e.g., FSC-certified wood)

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Appendix 27 of the Rules Governing the Listing of Securities (ESG Guide)

Certifications: ISO 14001, ISO 50001, OHSAS 18001:2007, ISO 9001:2015

Third-party Assurance: Allied Sustainability and Environmental Consultants Group Limited

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Best Safety Enhancement Program for Working at Height - Gold Award
• Model Subcontractor – Silver Award
• Best Presentation Award Bronze Award
• Considerate Contractors Site Award Scheme - Gold Award
• Best Safety Culture Subcontractor - Bronze Award
• Caring Company
• People Development Program of the Customer Relationship Excellence Awards

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Increased the percentage of materials manufactured within 800km from its sites to 87% in 2019 from 78% in 2018.
• All wood products used were certified by the Forest Stewardship Council (FSC).
• Reused 74,085 cubic meters of wastewater at construction sites.
• Reduced non-hazardous waste intensity by 74% and hazardous waste intensity by 81%.

Social Achievements

• Recorded no fatality incidents during the Reporting Period. The Group’s accident rate per 1,000 employees was 19.29, 39.1% lower than the industry average.
• Implemented a Safety Culture Scheme resulting in 5 self-initiative localized work suspensions to mitigate safety hazards.
• Provided various welfare and benefits, such as medical insurance, maternity and paternity leaves.

Governance Achievements

• Adopted a whistleblowing policy to prevent and combat corruption. No concluded legal cases regarding corrupt practices during the Reporting Period.

Climate Goals & Targets

Environmental Challenges

• Increases in total energy intensity and total GHG emissions intensity by 24% and 25% respectively, due to higher number of piling works projects and increased electricity use.
• Increase in total water intensity by 125% due to a rise in the number of piling works projects.

Mitigation Strategies

• Exploring the feasibility of implementing other energy reduction measures on-site.
• Seeking ways to conserve water resources throughout its operations.

Supply Chain Management

Supplier Audits: 50 local suppliers engaged.

Responsible Procurement

• Prioritizes use of locally manufactured building materials within 800 kilometers; uses FSC-certified wood products.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Appendix 27 of the Rules Governing the Listing of Securities on the Stock Exchange

Certifications: ISO 14001:2015, ISO 50001:2018, OHSAS 18001:2007, ISO 45001:2018, ISO 9001:2015

Third-party Assurance: Allied Sustainability and Environmental Consultants Group Limited

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Various awards from Hong Kong Housing Authority and Labour Department of HKSAR (details in report)

Environmental Metrics

ESG Focus Areas

• Environmental Compliance
• Construction Noise
• Air Quality Control
• Occupational Health and Safety
• Quality Assurance
• Anti-corruption
• Sustainable Development
• Supply Chain Management
• Water Consumption
• Wastewater Management
• Greenhouse Gas Emission
• Energy Usage
• Community Investment

Environmental Achievements

• Reduced electricity consumption by 48% in 2021 compared to 2020.
• 63% of construction materials were manufactured within 800km of construction sites in 2021.
• All on-site wood products purchased were certified by the Forest Stewardship Council.
• 63,294 cubic meters of wastewater reused at construction sites in 2021.
• Implemented various measures to mitigate noise and dust pollution at construction sites.

Social Achievements

• Implemented a safety culture scheme resulting in 44 self-initiative localized work suspensions in 2021.
• Provided 63 hours of anti-corruption training for 63 employees.
• Donated over HKD250,000 to various charitable organizations and contributed 60 hours of social services.
• 79.2% of employees received training in 2021 with an average of 7.3 hours per employee.

Governance Achievements

• Established a whistleblowing policy to prevent and combat corruption.
• Regularly reviews safety and anti-corruption policies and measures.

Climate Goals & Targets

Environmental Challenges

• Supply chain management
• Air quality control
• Waste recycling and management
• Water consumption
• Wastewater management
• Greenhouse gas emission
• Energy usage
• Occupational health and safety
• Construction noise
• One work-related fatality case.

Mitigation Strategies

• Prioritizing locally manufactured building materials within 800 kilometers.
• Engaging with 50 local suppliers in Hong Kong.
• Purchasing eco-friendly materials certified by the Forest Stewardship Council.
• Exploring the feasibility of procuring recycled construction materials.
• Implementing energy-saving measures (energy-saving equipment, energy audits, eco-mode on cranes).
• Implementing water conservation measures (on-site water storage tanks, employee training).
• Implementing waste management measures (4R principles, recycling bins, waste audits).
• Implementing noise and dust mitigation measures (noise barriers, misting water sprays).
• Regular safety audits and training programs.
• COVID-19 mitigation measures (temperature checks, health declarations, social distancing, sanitation).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prioritizing local suppliers within 800km.
• Using FSC-certified wood products.
• Exploring recycled construction materials.

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons
• Floods

Transition Risks

• Low-carbon policies in construction sites.

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Appendix 27 of the Rules Governing the Listing of Securities on the Stock Exchange

Certifications: ISO 14001:2015, ISO 50001:2018, ISO 45001:2018

Third-party Assurance: Allied Sustainability and Environmental Consultants Group Limited

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Energy Efficiency
• Water Conservation
• Waste Management
• Climate Change
• Workplace Safety
• Talent Recruitment and Retention
• Business Ethics
• Community Investment
• Quality Assurance
• Supply Chain Management

Environmental Achievements

• Reduced total water consumption by 58% compared to 2021.
• Maintained diverting around 99% of inert, non-inert C&D and general waste from landfill during 2022 and 2021.
• Implemented measures to reduce energy usage and maximize energy efficiency, including purchasing energy-saving equipment and conducting energy audits.
• Used 27,901 cubic meters of wastewater at construction sites.

Social Achievements

• Implemented a safety culture scheme resulting in 16 self-initiative localized work suspension cases.
• Provided 24.5 hours of anti-corruption training for 24 employees.
• Achieved 60.4% employee training participation rate with an average of 5 training hours per employee.
• Organized staff activities to enhance employee communication and promote wellness through "Club Tysan".

Governance Achievements

• Established a whistleblowing policy to prevent and combat corruption.
• Implemented a structured internal control and risk management system.
• Conducted stakeholder engagement surveys to identify material ESG issues.

Climate Goals & Targets

Environmental Challenges

• Two non-compliance cases under the Water Pollution Control Ordinance.
• Three non-compliance cases under the Factories and Industrial Undertakings Ordinance.
• Two non-compliance cases under the Construction Workers Registration Ordinance.
• One work-related fatality case.

Mitigation Strategies

• Reminded project team members to comply with relevant regulations.
• Held meetings to discuss and avoid recurrence of similar incidents.
• Engaged an external consultant to review safety management.
• Implemented mitigation measures in response to COVID-19 outbreak (temperature checks, health declarations, social distancing, provision of masks and sanitizers, RAT kits, temporary working hours, transparent partitions, deep cleaning, disinfection robot).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prioritizes use of locally manufactured building materials; uses Forest Stewardship Council certified wood products.

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons and floods

Transition Risks

• Low-carbon policies enacted by authorities

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 of the Rules Governing the Listing of Securities on the Stock Exchange)

Certifications: ISO 14001:2015, ISO 50001:2018, ISO 45001:2018, ISO 9001:2015

Third-party Assurance: Allied Sustainability and Environmental Consultants Group Limited (Stock Code: 8320)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Ampd Enertainer (advanced energy storage system replacing traditional electric generators)

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Energy usage and conservation
• Air quality control
• Greenhouse gas emissions
• Occupational health and safety
• Construction noise
• Water consumption and conservation
• Wastewater management
• Construction material management and selection
• Responding to climate change
• Community involvement
• Anti-corruption
• Development and training
• Supply chain management
• Quality assurance
• Sustainable site management
• Innovation technology
• Complaint handling mechanism

Environmental Achievements

• Installed solar panels at 7 site offices to power lighting systems by solar energy.
• Reduced total GHG emissions intensity by 10% by 2030 compared to 2023.
• Recycled paper, plastic, and metals.
• Reused 139,695 cubic meters of wastewater at construction sites.
• Achieved 7 consecutive months of accident-free operations on the Yuen Long Industrial Estate Substation project.
• Implemented an artificial green roof on the site office roof to reduce reliance on air conditioning.

Social Achievements

• Obtained ISO 45001:2018 Occupational Health and Safety Management Systems certification.
• Provided 2 hours of anti-corruption and anti-bribery training to each Director.
• Implemented a safety culture scheme with no instances of self-initiative localised work suspension or work-related fatalities.
• Provided various employee benefits including medical insurance, maternity and paternity leaves.
• Employees received training on health and safety, quality management, corporate governance, and professional development (24.8% of employees, average 1.8 hours).

Governance Achievements

• Established a whistleblowing policy.
• Implemented a comprehensive internal control and risk management system.
• Conducted annual stakeholder surveys to gather perspectives on ESG topics.
• Awarded the “10 Years+ Caring Company” award by the Hong Kong Council of Social Service.

Climate Goals & Targets

Environmental Challenges

• Increasingly frequent and severe typhoons and floods.
• Regulatory changes related to decarbonisation.
• Potential impacts of climate change on operations.
• Managing construction noise and dust.
• Waste generation from construction activities.

Mitigation Strategies

• Introduced measures such as secured bamboo scaffolding, sandbags, and typhoon signals to mitigate extreme weather impacts.
• Adopted low-carbon policies, including the use of biofuels and Ampd Enertainer.
• Implemented stringent safety protocols and provided personal protective equipment.
• Conducted monthly noise level measurements and weekly dust monitoring.
• Implemented the 4R principles (reduce, reuse, recycle, replace) for waste management.
• Implemented ISO 14001:2015 Environmental Management Systems and ISO 50001:2018 Energy Management Systems.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prioritises the use of locally manufactured building materials.
• Supports suppliers committed to sustainable forestry management (e.g., FSC certified wood products).

Climate-Related Risks & Opportunities

Physical Risks

• Rising temperatures
• Typhoons
• Extreme weather
• Floods

Transition Risks

• Regulatory changes related to decarbonisation
• Market shifts towards sustainability

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: Appendix C2 of the Rules Governing the Listing of Securities on the Stock Exchange

Certifications: ISO 14001:2015, ISO 50001:2018, ISO 45001:2018, ISO 9001:2015

Third-party Assurance: Allied Sustainability and Environmental Consultants Group Limited

UN Sustainable Development Goals

• Goal 3
• Goal 7
• Goal 8
• Goal 9
• Goal 10
• Goal 12
• Goal 13

The Group has mapped its sustainability efforts to these SDGs, integrating them into its business strategy and operations.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• “10 Years+ Caring Company” award