Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Increased energy efficiency of machineries and equipment
• Adherence to Air Pollution Control (Non-road Mobile Machinery) (Emission) Regulation
• Use of temporary suspended working platforms as a substitute for traditional bamboo shed, reducing waste

Social Achievements

• Providing a healthy, safe, and friendly working environment for all employees
• Implementing equal opportunity and non-discrimination policies and practices
• Investing in employee development and training
• Adhering to all laws and regulations related to employment, health and safety, and labor standards

Governance Achievements

• Establishing an ESG working group
• Adopting a CSR policy
• Implementing a Code of Conduct and whistleblowing policy to prevent bribery and corruption
• Stringent quality control in procurement process and equipment maintenance

Climate Goals & Targets

Environmental Challenges

• Increase in GHG emission intensity due to acquisition of new equipment and increased transportation capacity
• Increase in paper consumption due to increased paperwork for commercial proposals

Mitigation Strategies

• Exploring and evaluating the possibility of carbon reduction through cleaner energy sources and more efficient transportation
• Promoting guidelines on best practices for efficient use and conservation of resources in the office workplace (energy saving lighting, e-statements, duplex print, recycling, video conferencing)

Supply Chain Management

Responsible Procurement

• Developing good relationships with suppliers based on honesty, fairness and mutual trust
• Procuring only from suppliers on its approved list of suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Environmental, Social and Governance (“ESG”) Reporting Guide (Appendix 20 to the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• GHG emissions intensity decreased by approximately 18% from 2.8 tCO2e per HK$1 million of revenue to 2.3 tCO2e per HK$1 million of revenue.
• Overall energy consumption intensity decreased by approximately 17%.

Social Achievements

• No occupational accidents reported.
• Donated approximately 14,500 masks to the less privileged elderly in the local communities to help fight the spread of COVID-19.

Governance Achievements

• Established and regularly reviewed safety rules and policies.
• Implemented a Code of Conduct and internal guidelines regarding bribery, money-laundering, gifts and entertainment.
• Established a whistleblowing policy.

Climate Goals & Targets

Environmental Challenges

• Minimizing occupational accidents in construction sites.
• Reducing GHG emissions and energy consumption.

Mitigation Strategies

• Implementing energy-efficient motor vehicles and office equipment, encouraging carpooling and maintaining indoor temperature at 24-26 degrees Celsius.
• Exploring cleaner energy sources and efficient transportation.
• Establishing and regularly reviewing safety rules and policies, reviewing accident reports, reviewing safety training effectiveness, and monitoring changes to relevant laws and regulations.
• Offering hazard identification training to all employees and posting safety rules on notice boards.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Developing good relationships with suppliers based on honesty, fairness and mutual trust, and procuring only from suppliers on its approved list of suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Appendix 20 to the Rules Governing the Listing of Securities on GEM 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

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Disposed of a vehicle to a vehicle scrapping company for effective waste management.
• No non-compliance with environmental laws and regulations.

Social Achievements

• Provided 963 working hours of training.
• No strikes or labor disputes.
• No non-compliance with employment laws and regulations.
• Maintained good relationships with suppliers, ensuring stable supply of equipment.
• No breach of customer privacy or data loss.
• Donated HK$100,000 to the Wan Yan One Family Foundation Limited.

Governance Achievements

• Established and adhered to robust corporate governance practices.
• Implemented a Code of Conduct and internal guidelines regarding bribery, money laundering, gifts, and entertainment.
• Established a whistleblowing policy.
• No violation of rules and regulations relating to bribery, extortion, fraud, and money laundering.

Climate Goals & Targets

Environmental Challenges

• Increased GHG emissions intensity by 9% due to increased fuel and electricity usage.
• Increased energy consumption intensity by 9%.

Mitigation Strategies

• Monitoring and minimizing mobile fuel, stationary fuel, and electricity usage.
• Exploring cleaner energy sources and more efficient transportation.
• Promoting energy-efficient motor vehicles and office equipment.
• Encouraging carpooling and maintaining optimal office temperature.
• Promoting guidelines on best practices for efficient use and conservation of resources in the office workplace (energy-saving lighting, e-statements, duplex printing, recycling, video conferencing).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Developing good relationships with suppliers based on honesty, fairness, and mutual trust; procuring only from suppliers on its approved list of suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Environmental, Social and Governance (“ESG”) Reporting Guide (Appendix 20 to the Rules Governing the Listing of Securities on GEM 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

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced GHG emissions intensity by approximately 12% from 2.5 tCO2e per HK$1 million of revenue to 2.2 tCO2e per HK$1 million of revenue.
• Reduced overall energy consumption intensity by approximately 11%.

Social Achievements

• Provided 134 man-hours of training to employees (approximately 4 hours per employee).
• No work-related fatalities in the past three years.
• No lost days due to work injury for the years ended 31 March 2022 and 2021.

Governance Achievements

• Established an ESG working group with clear terms of reference.
• Implemented a Code of Conduct and internal guidelines regarding bribery, money-laundering, gifts and entertainment.
• Established a whistleblowing policy.

Climate Goals & Targets

Environmental Challenges

• Acute climate risks (heavy rainstorm, wildfire, hot weather) posing immediate safety issues to staff.
• Transitional climate risks (government regulations on emissions and energy usage).

Mitigation Strategies

• Strict adherence to government guidelines to ensure staff safety.
• Review of existing measures for adverse weather conditions.
• Continuous monitoring of potential climate change risks and implementation of preventive and emergency measures.

Supply Chain Management

Supplier Audits: 14 suppliers (2022 and 2021)

Responsible Procurement

• Due diligence and assessments on suppliers to avoid environmental and social risks.
• Supplier selection based on service/product quality, price, reputation, financial background, sustainability, social responsibility, and delivery time.

Climate-Related Risks & Opportunities

Physical Risks

• Increasing heavy rainstorm
• Wildfire
• Hot weather
• Rise in sea level

Transition Risks

• Government imposed laws and regulations on emissions and energy usage

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 20 to the Rules Governing the Listing of Securities on GEM 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