Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Improved data collection methods for KPIs (Greenhouse gas emissions, energy consumption, and water consumption for 2018 were restated).
• Reduced Nitrogen Oxides emissions from vehicles from 2.00 kg to 1.72 kg.
• Reduced Particulate Matter emissions from vehicles from 0.15 kg to 0.13 kg.
• Reduced total non-hazardous waste from 90,592 tonnes to 9,178 tonnes (Note: data covers only Hong Kong operations).

Social Achievements

• Established a sound recruitment system ensuring equal employment opportunities.
• Complied with laws and regulations to prevent child and forced labor.
• Offered competitive remuneration packages and promotion opportunities.
• Provided employees with various benefits including medical insurance, employee compensation insurance, and personal accident insurance.
• Organized leisure activities for employees to maintain their well-being.
• Implemented safety measures in the workplace and provided safety training to employees and subcontractors.
• Established and implemented a quality management system conforming to ISO 9001:2015.

Governance Achievements

• Board of directors bears primary responsibility for formulating and overseeing ESG strategies.
• Strict compliance with laws and regulations regarding corruption and bribery.
• No cases of corruption occurred during the reporting period.

Climate Goals & Targets

Environmental Challenges

• Managing environmental impacts from construction work.
• Ensuring occupational health and safety in a high-risk industry.
• Maintaining quality of services and managing risks from the supply chain.

Mitigation Strategies

• Established a Safety and Environmental Department.
• Held regular on-site environmental management meetings.
• Implemented waste management plans for construction projects.
• Required subcontractors to comply with environmental and safety regulations.
• Provided safety training and implemented safety measures.
• Established a quality management system and performed regular inspections.

Supply Chain Management

Supplier Audits: At least once a year review of approved sub-contractors list.

Responsible Procurement

• Selection criteria for sub-contractors include safety performance, quality of workmanship, product availability, and on-time delivery.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Environmental, Social and Governance 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

• Beijing subsidiary obtained ISO14001:2015 certification for environmental management system
• Implementation of Waste Management Plan for construction projects to manage waste in accordance with relevant laws and regulations.
• Regular on-site environmental management meetings held by the Environmental Committee to discuss and review environmental and site hygiene issues.

Social Achievements

• Organized leisure activities for employees (Christmas party, Lunar New Year gathering, Dragon Boat Festival gathering)
• Provided education subsidies to motivate employees to pursue further education
• Provided safety trainings to site workers on a regular basis

Governance Achievements

• Established a sound recruitment system ensuring equal employment opportunities
• Implemented a quality management system conforming to ISO 9001:2015
• Strict compliance with relevant laws and regulations regarding corruption and bribery

Climate Goals & Targets

Environmental Challenges

• Minimizing environmental impacts from construction work
• Managing waste generation from construction works
• Reducing air pollutant emissions from construction dust and vehicle exhausts

Mitigation Strategies

• Compliance with environmental laws and regulations
• Implementation of waste management plans and regular waste audits
• Use of vehicles with small engine displacements, regular vehicle maintenance, and encouragement of public transport use
• Requirements for sub-contractors to comply with air pollution control regulations and implement dust control measures

Supply Chain Management

Supplier Audits: At least once a year, using a scoring system

Responsible Procurement

• Selection criteria for sub-contractors include safety performance, quality of workmanship, product availability, and on-time delivery

Climate-Related Risks & Opportunities

Reporting Standards

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

Certifications: ISO 14001:2015 (Beijing subsidiary), ISO 9001:2015

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Obtained ISO14001:2015 certification for its environmental management system in Beijing subsidiary.
• Implemented waste management plans for construction projects, including waste segregation and recycling.
• Reduced Nitrogen Oxides emissions from vehicles from 3.07 kg to 2.12 kg.

Social Achievements

• Established a sound recruitment system ensuring equal employment opportunities.
• Provided competitive remuneration packages and promotion opportunities.
• Offered various employee benefits including medical insurance, employee’s compensation insurance and personal accident insurance.

Governance Achievements

• Established a clear health and safety policy and statement, safety manual, safety plan and in-house safety rules.
• Implemented measures to prevent corruption and bribery in strict compliance with relevant laws and regulations.
• Complied strictly with relevant laws and regulations regarding corruption and bribery.

Climate Goals & Targets

Environmental Challenges

• Potential risks of more frequent extreme weather events impacting construction site accessibility and worker safety.
• COVID-19 pandemic impacting employee well-being and requiring implementation of anti-pandemic measures.

Mitigation Strategies

• Established a Contingency Response Unit to monitor weather reports and implement safety measures.
• Developed a set of typhoon and rainstorms operational guidelines.
• Implemented various measures to control and prevent COVID-19, including regular disinfection of office premises and site-specific requirements for workers.

Supply Chain Management

Supplier Audits: At least once a year, including a scoring system based on different aspects of sub-contractors’ performance.

Responsible Procurement

• Selection criteria for sub-contractors include safety performance, quality of workmanship, product availability, and on-time delivery.

Climate-Related Risks & Opportunities

Physical Risks

• More frequent extreme weather conditions (e.g., rainstorms and typhoons) causing flooding, damage to structures, and threats to worker safety.

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: ISO 14001:2015

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Minimized GHG emissions by enhancing resource use efficiency and promoting a low-carbon lifestyle.
• Improved waste handling practices, including proper handling of recyclable materials and raising employee awareness of waste reduction.

Social Achievements

• Established a sound recruitment system ensuring equal employment opportunities.
• Implemented various COVID-19 controlling measures in workplaces to protect employee health and safety.
• Provided safety training to site workers, aiming for zero fatal accidents.

Governance Achievements

• Established anti-corruption requirements in the Code of Conduct and provided anti-corruption training to new recruits.

Climate Goals & Targets

Environmental Challenges

• Acute physical risks from extreme weather events impacting production capacity and incurring maintenance costs.
• Chronic physical risks from altered precipitation patterns and heat waves increasing construction difficulty and threatening worker health.
• Transition risks from tightening regulations on energy efficiency and GHG emission intensity increasing operating costs.

Mitigation Strategies

• Developed typhoons and rainstorms operational guidelines to protect worker safety.
• Enhanced HVAC system efficiency and maintained channels/manholes to prevent flooding.
• Regularly reviewed existing and emerging climate-related trends, policies, and regulations.

Supply Chain Management

Supplier Audits: At least once a year, including a scoring system based on performance aspects.

Responsible Procurement

• Selection criteria include safety performance, quality of workmanship, product availability, and on-time delivery.
• Preference given to sub-contractors with ISO 14001 and ISO 50001 certifications.
• Green procurement practices promoting eco-friendly products and services.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (tropical cyclones, heat waves)
• Strong winds causing collapse of temporary structures
• Altered precipitation patterns and extreme weather increasing construction costs
• Increased frequency of heat waves and mosquito-borne diseases

Transition Risks

• Stringent regulations on energy efficiency and GHG emission intensity of construction materials

Reporting Standards

Frameworks Used: HKEX GEM’s Environmental, Social and Governance Reporting Guide