Climate Change Data

North Asia Strategic Holdings Limited

Climate Impact & Sustainability Data (2016-04 to 2017-03, 2021-04 to 2022-03, 2022-04 to 2023-03, 2023-04 to 2024-03)

Reporting Period: 2016-04 to 2017-03

Environmental Metrics

Total Carbon Emissions:103,292 kg CO2e
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:155,478 kWh electricity, 34,353 L unleaded petrol
Water Consumption:231 m3
Waste Generated:3,585,230 pieces (17.9 tonnes) paper
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Protection
  • Employment and Labour Practices
  • Operating Practices
  • Community Contribution

Environmental Achievements

  • Reduced energy consumption through various measures including optimal indoor temperature, LED lighting, encouraging employees to switch off devices, and promoting the use of telecommunication to reduce travel.
  • Promoted reduction of non-hazardous waste through double-sided copying and increased use of electronic information systems.

Social Achievements

  • Provided a desirable workplace, continuous training programs, and career opportunities to attract and retain employees.
  • Upholds a fair and equitable human resource policy.
  • Offers equal employment opportunities.
  • Implemented health and safety policies including prohibition of smoking, alcohol and drug abuse, risk identification and prevention, and emergency action plans.

Governance Achievements

  • Developed a series of management systems and procedures aligned with the Corporate Governance required by the Stock Exchange.
  • Developed company policies on anti-fraud, anti-bribery, anti-extortion, and anti-money laundering.

Climate Goals & Targets

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

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: 54 suppliers; assessment of compliance with laws, worker safety, and environmental impact.

Responsible Procurement
  • Assessment of supplier compliance with laws and regulations, worker health and safety, and environmental impact mitigation.

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: GEM Listing Rules Chapter 17.103 of The Stock Exchange of Hong Kong Limited

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2021-04 to 2022-03

Environmental Metrics

Total Carbon Emissions:330.84 tonnes CO2-equivalent
Scope 1 Emissions:115.36 tonnes CO2-equivalent
Scope 2 Emissions:152.78 tonnes CO2-equivalent
Scope 3 Emissions:62.70 tonnes CO2-equivalent
Total Energy Consumption:652.73 thousand kWh
Water Consumption:1203.00 tonnes
Waste Generated:2.80 tonnes (used paper)
Carbon Intensity:1.06 tonnes CO2-equivalent per employee

ESG Focus Areas

  • Climate change
  • Emissions reduction
  • Employment and labour practices
  • Operating practices
  • Anti-corruption
  • Community investment
  • Business ethics
  • Product safety
  • Product/service quality

Environmental Achievements

  • Application for ISO 14001 Environmental Management Systems certification in progress.
  • Recycled over 4.7 tonnes of historical and expired documents.

Social Achievements

  • Launched Long Services Awards and Customer Recognition Awards to boost employee working incentive.
  • 14 employees received Long Services Awards.
  • 44 employees received Customer Recognition Awards.
  • Established “Employee Improvement Suggestion and Reward System”.

Governance Achievements

  • Established an inter-departmental ESG Working Group.
  • Enhanced existing ESG policies with external consultant help.
  • Actively applying for ISO 9001 Quality Management Systems certification.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality before 2050 (aligned with Hong Kong Government's sustainability goals).
Short-term Goals:
  • Reduce GHG emissions, air pollutants, waste, wastewater, energy, and resource consumption by 3% before 2026.

Environmental Challenges

  • Supply chain disruptions due to extreme weather events (heavy rainfall, rising tides, floods).
  • Increase in GHG emissions (91% compared to the previous year) due to increased petrol and natural gas consumption.
Mitigation Strategies
  • Incorporated predictable climate change and extreme weather events into business continuity plans.
  • Set clear emission reduction targets (3% reduction in GHG emissions, air pollutants, waste, wastewater, energy, and resource consumption by 2026).
  • Continuously improving emissions data collection system.
  • Implementing energy-saving measures (optimal indoor temperature, LED lighting, encouraging employees to switch off equipment, automatic shut-off mechanisms, promoting telecommunication to reduce travel).

Supply Chain Management

Supplier Audits: Regular assessments using a Supplier Regular Assessment Form.

Responsible Procurement
  • Assessment of supplier compliance with laws and regulations, worker health and safety, and environmental impact mitigation.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (heavy rainfall, rising tides, floods)
Transition Risks
  • Implementation of low-carbon policies
  • Changes in supply and demand for commodities
  • Potential new regulations and policies
  • Development and use of emerging technologies
Opportunities
  • Transitioning to low-carbon economy
  • Opportunities arising from transition enablers
  • Becoming an industry pioneer in low-carbon initiatives

Reporting Standards

Frameworks Used: Stock Exchange’s ESG Reporting Guide

Certifications: ISO 9001 (in progress), ISO 14001 (in progress)

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 6
  • SDG 8
  • SDG 9
  • SDG 10
  • SDG 11
  • SDG 12
  • SDG 13
  • SDG 14
  • SDG 15
  • SDG 17

Various initiatives contribute to these goals through community investment, environmental protection, employment practices, and operating practices.

Awards & Recognition

  • Sales award from FUJI Corporation (American Tec Company Limited)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:333.35 tCO2e/year
Scope 1 Emissions:150.28 tCO2e/year
Scope 2 Emissions:129.48 tCO2e/year
Scope 3 Emissions:53.59 tCO2e/year
Total Energy Consumption:762.78 (211.88 GJ) kWh/year
Water Consumption:1,278.11 m3/year
Waste Generated:8.68 tons/year
Carbon Intensity:1.03 tCO2e/employee

ESG Focus Areas

  • Environmental
  • Employment and Labour Practices
  • Operating Practices
  • Community

Environmental Achievements

  • Obtained ISO 14001:2015 Environmental Management System certifications
  • Reduced GHG emissions intensity

Social Achievements

  • Awarded the 11th Junzi Corporation Award
  • AMT was awarded the 17th EM Innovation Awards 2022
  • Received commendation awards from customers

Governance Achievements

  • Established an inter-departmental ESG Working Group
  • Provided company culture training to employees, embedding business ethics and anti-corruption

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality before 2050
Medium-term Goals:
  • Achieve carbon neutrality before 2050
Short-term Goals:
  • Reduce GHG emissions, air pollutants emissions, waste and wastewater, energy consumption and resources consumption by 3% before 2026

Environmental Challenges

  • Climate change
  • Economic uncertainty due to climate crisis, geopolitical conflicts and COVID-19 pandemic
  • Scope 3 emissions data collection
Mitigation Strategies
  • Incorporated sustainability into long-term business strategic planning
  • Set clear short-term and long-term sustainable development vision and goals to achieve ongoing emission reduction
  • Worked with external consultants to conduct ESG and climate-related risk assessment
  • Strive to enhance the data collection system to provide a more comprehensive environmental disclosure, especially for Scope 3 emissions

Supply Chain Management

Supplier Audits: 52 suppliers

Responsible Procurement
  • Assessment of suppliers’ compliance with laws and regulations, worker health and safety, and environmental impact mitigation

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (e.g., typhoons and heavy rainfall)
Transition Risks
  • Carbon pricing or carbon tax
Opportunities
  • Offering energy-efficient or low-carbon products and services

Reporting Standards

Frameworks Used: GRI Standards, TCFD Recommendations, SDGs, Guidance for Enterprise ESG Disclosure of the PRC

Certifications: ISO 9001:2015, ISO 14001:2015

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 8
  • SDG 9
  • SDG 10
  • SDG 11
  • SDG 12
  • SDG 13
  • SDG 14
  • SDG 16

The Group contributes to the SDGs by its business operations and corporate policies.

Awards & Recognition

  • 11th Junzi Corporation Award
  • 17th EM Innovation Awards 2022
  • Best Service Team Awards
  • Best Strategic Partner Award

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:405.84 tonnes CO2-equivalent
Scope 1 Emissions:45.39 tonnes CO2-equivalent
Scope 2 Emissions:222.42 tonnes CO2-equivalent
Scope 3 Emissions:84.73 tonnes CO2-equivalent (Business air travel) + 2.78 tonnes CO2-equivalent (Purchased goods and services) + 49.25 tonnes CO2-equivalent (Fuel- and energy-related activities) + 1.27 tonnes CO2-equivalent (Waste generated in operations)
Total Energy Consumption:453.45 kWh in '000s (GJ)
Water Consumption:1,111.90 m3 (megalitre)
Waste Generated:1.09 tonnes (non-hazardous)

ESG Focus Areas

  • Environmental
  • Employment and Labour Practices
  • Operating Practices
  • Community

Environmental Achievements

  • Reduced GHG emissions intensity, emissions intensity regarding air pollutants, waste and wastewater, energy consumption and resources consumption by 3% before 2026 from the 2022 baseline.
  • Reduced GHG emissions intensity, emissions intensity regarding air pollutants, waste and wastewater, energy consumption and resources consumption by 9% before 2036 from the 2022 baseline.

Social Achievements

  • Received commendation awards from customers including the “Quality Service Award”, the “Outstanding Service Award” and the “Excellent Service Provider” Award.
  • Several employees received formal commendation letters from customers for their excellent service.

Governance Achievements

  • Established an ESG Working Group to coordinate different departments and enhance their mutual co-operation.
  • Developed a net-zero roadmap for the Group with the help of a third-party consultant.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality before 2050.
Medium-term Goals:
  • Reduce GHG emissions intensity, emissions intensity regarding air pollutants, waste and wastewater, energy consumption and resources consumption by 9% before 2036 from the 2022 baseline.
Short-term Goals:
  • Reduce GHG emissions intensity, emissions intensity regarding air pollutants, waste and wastewater, energy consumption and resources consumption by 3% before 2026 from the 2022 baseline.

Environmental Challenges

  • Increased total GHG emissions intensity compared to the previous financial year due to the return to normal office operations after the epidemic.
  • Potential financial implications from physical and transition risks related to climate change.
Mitigation Strategies
  • Engaged external consultants to conduct ESG and climate-related risk assessment.
  • Developing a net-zero roadmap.
  • Establishing contingency plan for extreme weather events.
  • Gradually increasing the usage of renewable energy and shifting to EVs.

Supply Chain Management

Supplier Audits: 115 suppliers; Supplier Regular Assessment Form used.

Responsible Procurement
  • Considering economical and commercial factors, compliance with laws and regulations, workers’ health and safety, and environmental impacts during supplier selection.

Climate-Related Risks & Opportunities

Physical Risks
  • Increased frequency of extreme weather events (typhoons and heavy rainfall) affecting business operations, employee health and safety, and infrastructure.
Transition Risks
  • Carbon pricing or carbon tax potentially imposing extra operational costs.
Opportunities
  • Offering energy-efficient or low-carbon products and services.

Reporting Standards

Frameworks Used: GEM Listing Rules, GRI Standards, TCFD Recommendations, SDGs, Guidance for Enterprise ESG Disclosure of the PRC

Certifications: ISO 9001:2015, ISO 14001:2015

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 8
  • SDG 9
  • SDG 10
  • SDG 11
  • SDG 12
  • SDG 13
  • SDG 14
  • SDG 16

Alignment with SDGs explained in Appendix IV.

Awards & Recognition

  • 2023 Greater Bay Area Top 30 ESG Entrepreneurs (Forbes China)
  • 12th Junzi Corporation Award (Hang Seng University of Hong Kong)
  • ESG Achievement Awards 2022/2023 Outstanding ESG Awards (List Company) Silver Award (Institute of ESG & Benchmark)