Climate Change Data

Microware Group Limited

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

Reporting Period: 2021-04 to 2022-03

Environmental Metrics

Total Carbon Emissions:302.78 tCO2e/year
Scope 1 Emissions:N/A
Scope 2 Emissions:288.47 tCO2e/year
Scope 3 Emissions:12.83 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:761.3 MWh/year
Water Consumption:2399.5 m3/year
Waste Generated:3533.5 kg/year (2673.5 kg wastepaper + 860 kg hazardous waste)
Carbon Intensity:0.07 tCO2e/m2, 1.18 tCO2e/employee

ESG Focus Areas

  • Occupational Health and Safety
  • Product/Service Quality
  • Anti-corruption
  • Data Protection
  • Customer Service

Environmental Achievements

  • Reduced total GHG emissions by 26.7% compared to the previous reporting period.

Social Achievements

  • Achieved the title of Caring Company for the fifteenth consecutive year.
  • Implemented Covid-19 adaptations including employee support schemes, paid sick leave, and medical scheme adaptations.

Governance Achievements

  • Complied with all applicable Code Provisions of the Corporate Governance Code except for Code Provision C.2.1 (Chairman and CEO roles combined).

Climate Goals & Targets

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

Environmental Challenges

  • Supply chain disruptions and talent crunch impacting timely order fulfillment and increasing overheads.
  • Covid-19 pandemic impacting business operations and customer payments.
  • US-China trade friction causing uncertainty in the Hong Kong economic environment.
Mitigation Strategies
  • Cost optimization measures to prepare for challenges in uncertain business environment.
  • Flexible working arrangements to protect employees from Covid-19 infection.
  • Monitoring customer payment schedules and cash flow.
  • Focus on core business and partnerships with key vendors.
  • Widening business opportunities and seeking new market demands.

Supply Chain Management

Supplier Audits: Periodic evaluation, frequency depending on the nature of products or services

Responsible Procurement
  • Code of Conduct Self-Assessment
  • Preference for suppliers with similar sustainable development standards

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events potentially impacting operations and increasing electricity consumption.
Transition Risks
  • Not disclosed
Opportunities
  • Increased demand for green services and energy-efficient IT solutions.

Reporting Standards

Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities

Certifications: ISO/IEC 20000-1:2018, ISO/IEC 27001:2013

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Caring Company Award (15 consecutive years)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:263.2 tCO2e/year
Scope 1 Emissions:N/A
Scope 2 Emissions:252.09 tCO2e/year
Scope 3 Emissions:11.12 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:646.4 MWh/year
Water Consumption:1970 m3/year
Waste Generated:2430.1 kg/year (1953.1 kg non-hazardous, 477 kg hazardous)
Carbon Intensity:0.06 tCO2e/m2; 1.07 tCO2e/employee

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced GHG emissions to 263.2 tCO2e from 302.78 tCO2e in the previous year.
  • Reduced GHG emission intensity per square meter by 14% and per employee by 9%.
  • Reduced hazardous waste production intensity by 47% per square meter and 42% per employee.
  • Reduced non-hazardous waste production intensity by 28% per square meter and 8% per employee.
  • Reduced energy consumption intensity by 15% per square meter and 11% per employee.
  • Reduced water consumption intensity by 17% per square meter and 14% per employee.

Social Achievements

  • Achieved Caring Company title for the sixteenth consecutive year.
  • Implemented an Employee Support Scheme to maintain wages during COVID-19.
  • Provided medical support and COVID-19 testing claim reimbursements to employees.
  • Organized team gatherings and meals when social distancing measures were relaxed.
  • Provided internal and external training opportunities for employees (635 total training hours).

Governance Achievements

  • Established a whistle-blowing policy.
  • Developed a new online learning platform for anti-corruption training.
  • Organized anti-corruption seminars for directors.
  • Complied with all applicable laws prohibiting bribery, extortion, fraud, and money laundering.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not increasing energy consumption intensity, water consumption intensity and waste production intensity by more than 5%, with 2021/22 as the base year.

Environmental Challenges

  • High employee turnover rate (30%).
  • Potential for increased electricity consumption due to extreme weather.
  • Tightening of climate-related policies increasing costs.
Mitigation Strategies
  • Flexible working arrangements and work-from-home measures to address extreme weather.
  • Use of energy-efficient appliances and promotion of energy-saving practices.
  • Investing in lower emissions technology and resource-saving options.

Supply Chain Management

Supplier Audits: Periodic evaluation of suppliers, frequency depending on the nature of products or services.

Responsible Procurement
  • Code of Conduct Self-Assessment for suppliers
  • Preference for suppliers with similar sustainable development standards.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather leading to higher electricity consumption.
Transition Risks
  • Tightening of climate-related policies increasing costs.
  • Changing customer behavior leading to loss of customers and income.
  • Reputation risk from failure to meet stakeholder expectations.
Opportunities
  • Increasing awareness of climate change and green services creating business opportunities.

Reporting Standards

Frameworks Used: ESG Reporting Guide (as described in Appendix 27 to the Rules Governing the Listing of Securities on the Listing Rules Guidance set out by Stock Exchange)

Certifications: ISO/IEC 20000-1:2018, ISO/IEC 27001:2013

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Caring Company Award (16 consecutive years)
  • Various reseller awards from technology partners (listed in the report)

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:260.06 tCO2e/year
Scope 1 Emissions:N/A
Scope 2 Emissions:249.24 tCO2e/year
Scope 3 Emissions:10.82 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:639.09 MWh/year
Water Consumption:531 m3/year
Waste Generated:3260.2 kg/year
Carbon Intensity:0.06 tCO2e/m2, 1.02 tCO2e/employee

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced GHG emissions intensity by 17% (tCO2e/m2) and 13% (tCO2e/employee) compared to the 2021/22 base year.
  • Reduced energy consumption intensity by 13% (kWh/m2) and 15% (kWh/employee) compared to the previous period.
  • Reduced water consumption intensity by 77% (m3/m2) and 78% (m3/employee) compared to the base year.

Social Achievements

  • Achieved Caring Company title for the fifteenth consecutive year.
  • Organized anti-corruption training for all directors and staff.
  • Provided various employee benefits including medical insurance, travel insurance, and education subsidies.

Governance Achievements

  • Integrated ESG, including climate-related issues, into the corporate governance process.
  • Established an anti-corruption policy and whistle-blowing policy.
  • Implemented ISO/IEC 20000-1:2018 and ISO/IEC 27001:2013 certifications.

Climate Goals & Targets

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

Environmental Challenges

  • Potential increase in electricity consumption due to extreme weather.
  • Tightening of climate-related policies increasing costs.
  • Changing customer behavior potentially impacting revenue.
Mitigation Strategies
  • Staff handbook outlines work arrangements and contingency measures for extreme weather.
  • Use of energy-efficient appliances and promotion of energy-saving practices.
  • Regular assessment of climate risks and implementation of preventive measures.

Supply Chain Management

Supplier Audits: Periodic evaluation of suppliers, frequency depending on the nature of products or services.

Responsible Procurement
  • Code of Conduct Self-Assessment for suppliers.
  • Preference for suppliers with similar sustainable development standards.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather leading to higher electricity consumption.
Transition Risks
  • Tightening of climate-related policies increasing costs.
  • Changing customer behavior.
Opportunities
  • Increasing awareness of climate change and green services.

Reporting Standards

Frameworks Used: ESG Reporting Guide (as described in Appendix C2 to the Rules Governing the Listing of Securities on the Listing Rules Guidance set out by Stock Exchange)

Certifications: ISO/IEC 20000-1:2018, ISO/IEC 27001:2013

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Caring Company (15 consecutive years)
  • Various partner awards from Adobe, APC, H3C, Hewlett Packard Enterprise, Hillstone, HP Inc, Kaspersky, Lenovo, and NetApp.