Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Achieved ISO 14001:2015 certification for environmental management system.
• Reduced exhaust gas emissions (NOx, SOx, PM) compared to FY2019/20 due to having one less light goods vehicle.
• Implemented dust reduction measures at construction sites (water spraying, screens, barriers).

Social Achievements

• Achieved OHSAS 18001:2007 certification for occupational health and safety management system.
• Zero fatal injuries and zero lost days due to work injury in FY2020/21.
• Implemented comprehensive supply chain management system with reference to ISO 9001:2015 and ISO 14001:2015 certifications.
• 58% of employees received training, totaling 900 training hours.

Governance Achievements

• Established a top-down management approach for ESG issues, overseen by the Board of Directors.
• Designated personnel from various departments handle ESG management as a working group, reporting periodically to the Board.

Climate Goals & Targets

Environmental Challenges

• Increase in GHG emissions (20.24%) due to increased forklift use.
• Increase in paper disposal (39.61%) due to increase in employees.
• Increase in total energy consumption (26.36%) mainly due to increased diesel consumption.

Mitigation Strategies

• Encouraging workers to switch off forklift engines when idled, planning routes to reduce repetition, and regular maintenance for optimal engine performance and fuel use.
• Adopting energy conservation measures at the head office (switching off lights and electronic devices, energy-saving reminders).
• Promoting paperless office and paper-saving measures (double-sided printing, electronic document circulation, recycling bins).
• Encouraging employees to bring their own lunch to reduce waste.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Requesting place of origin certificates for timber and plywood to ensure sustainable sourcing.

Climate-Related Risks & Opportunities

Reporting Standards

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

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

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

• Precast reusable aluminum alloy formworks.

Environmental Metrics

ESG Focus Areas

• Emissions Control
• Use of Resources
• The Environment and Natural Resources
• Climate Change
• Employment
• Health and Safety
• Development and Training
• Labour Standards
• Supply Chain Management
• Product Responsibility
• Anti-corruption
• Community Investment

Environmental Achievements

• Achieved zero work-related fatalities for three consecutive years (including the Reporting Period).
• Implemented emission reduction measures, including vehicle inspections and maintenance, phasing out substandard vehicles, and considering electric vehicles for future purchases.
• ISO 14001:2015 certified environmental management system.

Social Achievements

• Established a health and safety management system compliant with OHSAS 18001.
• Achieved a 48% overall employee training rate and a total training hour of 527.3 hours.
• Zero lost days due to work injury during the Reporting Period.

Governance Achievements

• Established an ESG Committee to oversee ESG-related strategy, goals, policies, and practices.
• Implemented a whistle-blowing mechanism to address concerns about possible improprieties.
• Directors completed 17.72 hours of online anti-corruption training.

Climate Goals & Targets

Environmental Challenges

• Increased GHG and air emissions due to higher vehicle use after the pandemic.
• Climate change related risks including drought, flooding, and persistent heatwaves.
• Transition risks such as policy and legal risk, technology risk, and market risk related to climate change.

Mitigation Strategies

• Implemented measures to reduce GHG emissions from vehicles (Scope 1), including route planning, public transport encouragement, and online meetings.
• Implemented measures to reduce energy consumption (Scope 2), including turning off idle equipment, utilizing natural light, and procuring energy-efficient appliances.
• Established mitigation plans for extreme weather conditions, including flexible working arrangements, rest areas, ventilation facilities, and insurance coverage.

Supply Chain Management

Supplier Audits: Periodic review of approved suppliers; background and quality checking for new suppliers.

Responsible Procurement

• Prioritising local suppliers and environmentally friendly products and services; requesting place of origin certificates for timber and plywood to ensure sustainable sourcing.

Climate-Related Risks & Opportunities

Physical Risks

• Drought
• Flooding
• Persistent Heatwave

Transition Risks

• Policy and Legal Risk
• Technology Risk
• Market Risk

Reporting Standards

Frameworks Used: ESG Reporting Guide under Appendix 27 of the Main Board Listing Rules

Certifications: ISO 14001:2015, OHSAS 18001

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

• Precast reusable formworks made of aluminium alloy.

Environmental Metrics

ESG Focus Areas

• Emissions control
• Supply chain management
• Energy management
• Project quality assurance
• Noise control
• Privacy protection
• Climate change
• Service pledge to customers
• Employment and labour practices
• Anti-corruption
• Protecting staff's health and safety
• Training and development
• Community investment

Environmental Achievements

• GHG emissions decreased from 70.57 tCO2e in FY2023 to 49.30 tCO2e in FY2024.
• Implemented emission reduction measures, including vehicle inspections, maintenance, phasing out substandard vehicles, considering electric vehicles, encouraging public transport, reducing physical meetings, and using unleaded petrol.
• Utilized electric vehicles.
• Minimized adverse impacts by recycling, recovering, and reusing materials.
• Achieved zero work-related fatalities for three consecutive years.

Social Achievements

• Established a robust recruitment process adhering to transparency and fairness.
• Provided fair and competitive compensation and benefits, including statutory benefits.
• Established policies promoting a fair and respectful workplace free from discrimination and harassment.
• Implemented a whistle-blowing policy and procedure.
• Contributed HK$10,000 to The Society for the Relief of Disabled Children.

Governance Achievements

• Established an ESG Committee to oversee ESG-related strategy, goals, policies, and practices.
• Implemented an Anti-Fraud Policy and relevant compliance manual.
• Conducted annual anti-corruption training for directors and employees (7 and 17 hours respectively).

Climate Goals & Targets

Environmental Challenges

• Climate change related risks: drought, flooding, persistent heatwaves, strong winds.
• Transition risks: policy and legal risk (tighter regulations), technology risk (upgrading equipment), market risk (consumer preferences).

Mitigation Strategies

• Established an Emergency Response Plan with preventive measures and operational procedures, including flexible working arrangements during extreme weather.
• Implemented precautionary measures during typhoon season.
• Provided workers with rest areas, ventilation, rest periods, potable water, training, and extra formwork protection.
• Invested in insurance coverage.
• Constantly monitors changes in laws, regulations, and global trends on climate change.
• Regularly reviews environmental study reports and news.
• Explores emergency plans to reduce vulnerability to extreme weather events.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Background and quality checking for new suppliers; periodic review of approved suppliers; consideration of environmental needs in procurement; prioritization of local suppliers and environmentally friendly products; request for place of origin certificates for timber and plywood.

Climate-Related Risks & Opportunities

Physical Risks

• Drought
• Flooding
• Persistent Heatwave
• Strong Wind

Transition Risks

• Policy and Legal Risk
• Technology Risk
• Market Risk

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Certifications: ISO 14001:2015, OHSAS 18001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Precast reusable formworks made of aluminum alloy.

Awards & Recognition

• Approved Technical Talents Training Programmes and Outstanding Trainers at the Employers Appreciation Ceremony by the Hong Kong Institute of Construction.