Climate Change Data

CLSA Premium Limited

Climate Impact & Sustainability Data (2016, 2021)

Reporting Period: 2016

Environmental Metrics

ESG Focus Areas

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

Environmental Achievements

  • Various energy saving measures undertaken to improve energy efficiency and reduce energy consumption. Waste management focused on collecting waste paper for recycling.
  • Staff encouraged to switch off power when not in use and maintain electronic appliances well.
  • Staff raised consciousness about efficient water use.

Social Achievements

  • Policies for compensation, dismissal, recruitment and promotion, working hours, rest periods and other benefits.
  • Long service awards given to staff who have completed 5 years of service.
  • Share option scheme for eligible participants who contribute to the success of the Group’s operations.
  • Staff training on anti-money laundering and counter-financing of terrorism policy.

Governance Achievements

  • Strict policies and procedures for each transaction, including verification of clients’ identities and reporting of suspicious transactions.
  • Established a written communication channel for whistleblowers.
  • Comprehensive system of internal control policies and procedures for prevention of corruption, frauds, bribery, extortion and any malpractice or unethical practices.

Climate Goals & Targets

Long-term Goals:
  • Identify any suitable targets for increase of investment in the community
Medium-term Goals:
  • Review business travel policies and explore alternatives to alleviate the environmental impact of our business travel
Short-term Goals:
  • Establish Sustainability Steering Committee
  • Setup key performance indicators for environmental subject area
  • Review emission data collection and reporting process
  • Organize environmental protection training to employees

Environmental Challenges

  • Reducing carbon footprint
  • Reducing the frequency of unnecessary business trips
Mitigation Strategies
  • Various reduction initiatives
  • Review business travel policies and explore alternatives

Supply Chain Management

Responsible Procurement
  • Maintaining long-term strategic and co-operative relationships with suppliers with good credit history, solid reputation, high product or service quality, proven track records of environmental compliance and sound commitment to social responsibility.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Appendix 20 to the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:19.24 tCO2e/year
Scope 1 Emissions:0.07 tCO2e/year
Scope 2 Emissions:18.06 tCO2e/year
Scope 3 Emissions:1.11 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:32.81 MWh/year
Water Consumption:N/A
Waste Generated:0.15 tons/year (non-hazardous)
Carbon Intensity:0.55 tCO2e/employee

ESG Focus Areas

  • Environmental Management
  • Social Responsibility
  • Governance

Environmental Achievements

  • Reduced GHG emissions by 74% compared to 2020, achieving a target of minimizing GHG emissions by 5%
  • Reduced electricity consumption by 74% compared to 2020

Social Achievements

  • Zero work-related fatalities for the past three years
  • Over 78% of employees received training, totaling approximately 503 hours (a 19% increase from 2020)
  • Implemented work-from-home measures during the pandemic to protect employee health

Governance Achievements

  • Established a climate change management mechanism supervised by the Board of Directors
  • Formulated “Anti-Money Laundering and Counter Terrorist Financing Policy” and internal reporting procedures
  • Implemented “Whistle-blower Policy” to encourage reporting of misconduct

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Further minimize GHG emissions by 5%

Environmental Challenges

  • Extreme weather events may cause serious damages and losses
  • Tightening government climate-related policies may lead to defaults and penalties
  • Climate-related issues may negatively impact reputation
Mitigation Strategies
  • Flexible working arrangements
  • Precautionary measures during bad weather
  • Setting up environmental protection strategies and measures to reduce energy consumption and GHG emissions
  • Developing a robust strategy and enhanced framework to support the comparability of ESG investments
  • Equipping staff with ESG knowledge

Supply Chain Management

Supplier Audits: 45 suppliers, periodic performance reviews

Responsible Procurement
  • Rigorous supplier selection criteria and procurement procedures
  • Focus on selecting vendors that uphold the highest quality and minimize environmental and social impacts

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (typhoons, storms, floods)
  • Chronic climate disasters (rising temperatures, sea levels)
Transition Risks
  • Tightening government climate-related policies and listing rules
Opportunities
  • Developing innovative climate-friendly products and services
  • Investing in climate-friendly companies

Reporting Standards

Frameworks Used: HKEx ESG Reporting Guide

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed