Climate Change Data

Asia Pioneer Entertainment Holdings Limited

Climate Impact & Sustainability Data (2017, 2019, 2020, 2022)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:39.68 tCO2e/year
Scope 1 Emissions:1.94 tCO2e/year
Scope 2 Emissions:17.50 tCO2e/year
Scope 3 Emissions:20.24 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:38889 kWh/year
Water Consumption:Not disclosed
Waste Generated:1.074 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Air conditioners pre-set at 25 degrees Celsius to conserve energy
  • Energy efficient LED lights installed
  • Air cleaning system implemented for a healthy indoor environment
  • Implemented schemes to reduce waste office paper (electronic communication, recycling boxes, double-sided printing, recycled paper, reuse of stationery, e-cards)

Social Achievements

  • No work-related fatality or injury cases
  • No non-compliance with laws and regulations regarding safe working environment and protection from occupational hazards
  • Implemented comprehensive checking system during recruitment process, including background checks
  • Strictly follows the Labour Law of Macau government
  • Formulated a formal Anti-Bribery and Anti-Corruption Policy

Governance Achievements

  • Formulated a formal Anti-Bribery and Anti-Corruption Policy
  • Established a whistle-blowing system

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Largest GHG emission due to business air travel
  • Lack of managerial control over energy supplier for indirect GHG emissions
  • Minimal or insignificant water usage, no control over water consumption or water-saving initiatives in shared building
  • Turnover rate of 14%
Mitigation Strategies
  • Consider encouraging more teleworking
  • No mitigation initiatives for energy indirect GHG emissions due to lack of control over energy supplier
  • Consider promoting water-saving behaviours in the upcoming reporting period
  • Not disclosed

Supply Chain Management

Supplier Audits: Annual performance evaluation

Responsible Procurement
  • Policy Manual detailing policies and procedures on purchases and payments; assessment of new suppliers; checking if suppliers are listed on the Lists of Approved Manufacturers and Suppliers of Gaming Machines

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 20 of the GEM Listing Rules)

Certifications: Construction Safety Card accredited by Labour Affairs Bureau (DSAL)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Member of Macau Gaming Equipment Manufacturers Association (MGEMA)
  • Supreme Brand Awards

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:136.28 tCO2eq/year
Scope 1 Emissions:12.72 tCO2eq/year
Scope 2 Emissions:89.98 tCO2eq/year
Scope 3 Emissions:33.59 tCO2eq/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:144,815 kWh/year
Water Consumption:351 m3/year
Waste Generated:16.46 tons/year (hazardous and non-hazardous combined)
Carbon Intensity:0.10 tCO2eq/m2, 3.41 tCO2eq/employee

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced waste through reuse and recycling initiatives, including a second-hand machines project.
  • Implemented energy-saving measures in offices, such as using energy-efficient appliances and optimizing air conditioning usage.
  • Encouraged employees to use public transport and e-invoices to reduce emissions from vehicles.

Social Achievements

  • Reduced employee turnover rate by more than 25 percentage points through initiatives such as improved benefits, communication, and career development opportunities.
  • Maintained a safe working environment with no work-related injuries or fatalities.
  • Provided comprehensive training and development programs for employees.

Governance Achievements

  • Formulated a formal Anti-Bribery and Anti-Corruption Policy.
  • Established a whistle-blowing system to address malpractice.
  • Implemented a comprehensive background checking system during the recruitment process.

Climate Goals & Targets

Long-term Goals:
  • Expand services and promote low-waste alternatives to new gaming machines to more clients.
Medium-term Goals:
  • Extend the types of waste collected for recycling to include glass bottles.
Short-term Goals:
  • Introduce a recycling bin for used lamps and join the electrical equipment recycling program.

Environmental Challenges

  • COVID-19 pandemic impacting sales and distribution due to temporary casino closures and travel restrictions.
Mitigation Strategies
  • Hopeful for short-lived impact and business return to normal in the second half of 2020.

Supply Chain Management

Supplier Audits: Annual performance evaluation

Responsible Procurement
  • Assessment of new suppliers, use of electronic invoices.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 20 of the GEM Listing Rules)

Certifications: Construction Safety Card (DSAL), Gaming Inspection and Coordination Bureau (DICJ) License, ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Refurbished EGMs

Awards & Recognition

  • Not disclosed

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:76.57 tCO2eq
Scope 1 Emissions:8.82 tCO2eq
Scope 2 Emissions:67.20 tCO2eq
Scope 3 Emissions:0.55 tCO2eq
Renewable Energy Share:Not disclosed
Total Energy Consumption:115,113 kWh
Water Consumption:308 m3
Waste Generated:1.16 tonnes (0.31 tonnes hazardous, 0.85 tonnes non-hazardous)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Introduced a new OA system to reduce paper usage.
  • Implemented various strategies to reduce paper consumption (reusing envelopes, double-sided printing, recycled paper, electronic brochures).
  • Placed recycling bins for six types of materials in the office.
  • Encouraged employees to use public transport and e-invoices to reduce emissions from vehicles.

Social Achievements

  • Maintained a relatively low employee turnover rate (12.5%) despite the COVID-19 pandemic.
  • Implemented initiatives to retain staff, including improving employee benefits, encouraging open communication, providing career development opportunities, and fostering teamwork.
  • Provided comprehensive career development and training to all employees.
  • Actively sponsored and provided internship programs to local students.
  • Supported various charities and community initiatives (HKD 44,400).

Governance Achievements

  • Formulated a formal Anti-Bribery and Anti-Corruption Policy.
  • Established a whistle-blowing system.
  • Implemented a detailed and well-established Policy Manual for purchases and payments, improving transparency.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Expand services and promote low-waste gaming machines to more clients.
  • Expand operating leases in Macau and Southeast Asia.
  • Expand consultancy services in Southeast Asia.
Short-term Goals:
  • Launch Smart Vending Machines in the first half of 2021.

Environmental Challenges

  • COVID-19 pandemic negatively impacted sales and distribution business due to temporary casino closures in Macau.
Mitigation Strategies
  • Introduced a voluntary salary reduction and unpaid leave policy to save staff-related expenses.
  • Allowed for work redistribution within departments to accommodate quarantine necessities.

Supply Chain Management

Supplier Audits: Annual evaluation of existing suppliers; strict assessment of new suppliers.

Responsible Procurement
  • Strict assessment of suppliers; use of internal evaluation forms; requirement for suppliers to be listed on the Lists of Approved Manufacturers and Suppliers of Gaming Machines.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 20 of the GEM Listing Rules)

Certifications: ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Refurbished gaming machines; Smart Vending Machines.

Awards & Recognition

  • SCMP — “APE — Growth Champion of GBA 2020“

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:80.24 tCO2eq/year
Scope 1 Emissions:17.77 tCO2eq/year
Scope 2 Emissions:58.88 tCO2eq/year
Scope 3 Emissions:1.51 tCO2eq/year
Total Energy Consumption:159,587 kWh/year
Water Consumption:345 m3/year
Waste Generated:1.864 tons/year
Carbon Intensity:2.29 tCO2eq/employee

ESG Focus Areas

  • Labour Standards
  • Occupational Health and Safety
  • Employment
  • Energy
  • Environmental Protection Measures
  • Anti-corruption

Environmental Achievements

  • Reduced GHG emissions by 2.7% compared with the previous reporting period (despite increased petrol consumption due to business expansion).
  • Introduced recycling bins in the office for various materials.
  • Implemented an OA system to reduce paper usage.
  • Successfully established an agreement with a shipping company to centralise orders and reduce emissions from separate deliveries.

Social Achievements

  • Maintained a culturally diverse workforce.
  • Provided compensation for COVID-19 testing and hotel quarantine for infected employees.
  • Implemented initiatives to retain staff, including improved benefits and welfare, open communication, and career development opportunities.
  • Provided internship programs for local university students.
  • Conducted 9 hours of Anti-Corruption training for 9 staff members.

Governance Achievements

  • Established a formal Anti-Bribery and Anti-Corruption Policy.
  • Implemented a whistle-blowing system.
  • Complied with all code provisions of the Corporate Governance Code.

Climate Goals & Targets

Long-term Goals:
  • 10% reduction in energy consumption over the next 10 years (2021 as base year)
  • 10% reduction in water consumption within 10 years (2021 as base year)
Medium-term Goals:
  • 7-8% reduction in overall GHG emissions within 5 years (2021 as base year)
  • 20% reduction in waste generation within 10 years (2021 as base year)

Environmental Challenges

  • Adversely affected by nearly 3 years of zero COVID-19 policies in Macau, impacting both EGE and Smart VM businesses.
  • Decrease in gross profit from EGE Business divisions (technical sales and distribution, repair services).
  • Increased turnover rate of 33% (increase of 28% compared to the previous reporting period).
Mitigation Strategies
  • Implemented a cost reduction program, including salary reductions and staff rationalization.
  • Focused on fine-tuning VM locations and rental reductions, concentrating on best-selling products.
  • Continued engaging casino customers and working with suppliers despite lack of EGE orders.
  • Implemented initiatives to retain staff (see Social Key Achievements).

Supply Chain Management

Supplier Audits: Annual evaluation of existing suppliers; strict assessment of new suppliers.

Responsible Procurement
  • Suppliers must be listed on the Lists of Approved Manufacturers and Suppliers of Gaming Machines issued by the Gaming Inspection and Coordination Bureau.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events disrupting transportation of raw materials and equipment; physical damage to VMs and infrastructure; adverse effects on revenue due to reduced footfall.
Transition Risks
  • Tightening of climate-related policies increasing costs; costs to transition to lower emissions technology; changing customer behaviour affecting revenue and reputation.
Opportunities
  • Increased sales of cold drinks and cooling products from smart vending machines due to higher temperatures.

Sustainable Products & Innovation

  • Refurbished gaming machines.

Awards & Recognition

  • SCMP — “APE — Growth Champion of GBA 2020”
  • IRAA (IR Academy Award) nominations for CEO and Sales AGM