Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon dioxide equivalent greenhouse gas emissions to 338.96 tonnes.
• Implemented dust mitigation measures on Key Projects.
• Participated in the Energy Saving Charter on Indoor Temperature.
• Participated in the "Let’s Save 10L Water" Campaign.
• Achieved compliance with wastewater discharge standards.
• Supported Hong Kong Environment Bureau’s "A Food Waste & Yard Waste Plan for Hong Kong 2014-2022".

Social Achievements

• Implemented a comprehensive Human Resources Management System.
• Achieved zero work-related fatalities and injuries with sick leave >3 days.
• Offered educational allowance and various training programs for employees.
• Actively participated in Apprenticeship Training Scheme (ATS) and Contractor Cooperative Training Scheme (CCTS).
• Maintained a high standard of integrity with a whistleblowing policy and anti-corruption measures.
• Donated HK$1 million to the Community Chest of Hong Kong.
• Participated in beach cleanup activities.
• Participated in City University of Hong Kong’s Industrial Mentoring Scheme.

Governance Achievements

• No environmental or labor law violations reported.
• Implemented standard procedures for subcontractor and supplier management.
• Established quality assurance procedures for works and materials.
• Implemented data confidentiality management procedures.
• Participated in Microsoft’s Volume Licensing Programs.

Climate Goals & Targets

Environmental Challenges

• Minimizing environmental impact from construction activities.
• Maintaining high safety standards on construction sites.
• Managing waste generation from construction projects.
• Ensuring ethical and responsible supply chain practices.

Mitigation Strategies

• Established Environmental Management Plan.
• Implemented Project Safety Plan and regular safety inspections.
• Implemented waste reduction and recycling initiatives.
• Implemented standard procedures for subcontractor and supplier selection and assessment.

Supply Chain Management

Supplier Audits: Annual assessment on partnered contractors and suppliers.

Responsible Procurement

• Standard procedures on supplier selection and performance assessment.
• Background checks and trading history review prior to engagement.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 of the Listing Rules and Guidance set out by 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

• Merit Award at the Hong Kong’s Good Housekeeping Forum and Award Presentation 2016-17

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced greenhouse gas emissions to approximately 854.56 tCO2e
• Reduced non-hazardous waste generation through improved planning and waste management
• Participated in the Energy Saving Charter and 4Ts Charter, promoting energy conservation
• Participated in the “Let’s Save 10L Water” Campaign, reducing water consumption
• Implemented dust mitigation measures to reduce environmental impact of construction activities

Social Achievements

• Established a comprehensive Human Resources Management System, including recruitment, appraisal, compensation, and training
• Provided 4,207 hours of training to employees
• Maintained a safe work environment with no work-related injury claims
• Complied with labor laws and regulations, avoiding child and forced labor
• Implemented annual assessments of partnered contractors to review their ESG performance

Governance Achievements

• Established a whistleblowing policy and Enterprise Supervision System to address misconduct
• Encouraged employees to attend anti-corruption talks organized by the Independent Commission Against Corruption
• No legal cases involving corruption were reported

Climate Goals & Targets

Environmental Challenges

• Minimizing environmental impact of construction activities (waste, emissions, water usage)
• Maintaining a safe work environment for employees and contractors
• Ensuring ethical and responsible supply chain management

Mitigation Strategies

• Implemented environmental management plans for waste reduction and disposal
• Developed and implemented Project Safety Plans
• Conducted annual assessments of contractors' ESG performance
• Established a whistleblowing policy and Enterprise Supervision System

Supply Chain Management

Supplier Audits: At least once a year

Responsible Procurement

• Background checks and trading history verification
• Assessment of suppliers' quality, environmental and social performance, quantity, price, delivery timeliness, and payment terms

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Implemented various resource conservation and environmental protection initiatives to reduce direct environmental impact.
• Reduced air and greenhouse gas emissions through various measures (details provided in the report).
• Implemented water saving measures, reducing water consumption.
• Advocated Hong Kong Environmental Protection Department’s “A Food Waste & Yard Waste Plan for Hong Kong 2014-2022”

Social Achievements

• Strictly complies with laws and regulations on remuneration, dismissal, working hours, rest periods, equal opportunities, and anti-discrimination.
• Formulated and implemented “Project Safety Plan” to ensure a safe working environment.
• Provided approximately 1,260 hours of training to staff.
• Established “Quality Management Internal Auditing Standards” to enhance quality control.
• Implemented “Whistleblowing Policy” to encourage reporting of misconduct.
• Actively participated in community activities and invested in environmental protection, social services, and education.

Governance Achievements

• Established a top-down ESG framework with clear responsibilities at the board, senior management, and departmental levels.
• Board actively assesses and manages ESG-related risks and opportunities.
• Regularly reviews the progress of each ESG target and adjusts them where appropriate.

Climate Goals & Targets

Environmental Challenges

• Generating different emissions during operations.
• Managing construction waste.
• Maintaining a safe working environment for employees and subcontractors.

Mitigation Strategies

• Implemented various measures to reduce air and greenhouse gas emissions, including using eco-friendly materials and machinery, encouraging public transport use, and regular maintenance of vehicles and equipment.
• Established green procurement management initiatives to reduce construction waste, including procuring materials in phases and prioritizing recyclable or reusable materials.
• Formulated and implemented “Project Safety Plan”, conducted regular safety meetings, and provided safety training to staff and subcontractors.

Supply Chain Management

Supplier Audits: Annual assessment of all suppliers and subcontractors.

Responsible Procurement

• Competitive evaluation of suppliers and subcontractors based on technical standards, ethical practices, health and safety standards, and environmental and social performance.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: HKEx Environmental, Social and Governance 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

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced nitrogen oxides (NOx) emissions by 16%, sulphur oxides (SOx) emissions by 20%, and particulate matter (PM) emissions by 19% compared to the previous year.
• Reduced total greenhouse gas emissions by 13% compared to the previous year.
• Reduced paper waste by 23% compared to the previous year.

Social Achievements

• No work-related fatalities and no lost workdays due to work-related injuries in the past three years.
• Provided approximately 284 hours of training to staff (decrease due to Covid-19).

Governance Achievements

• No legal cases related to corruption.
• Implemented a whistleblowing policy and encouraged employees to report misconduct.

Climate Goals & Targets

Environmental Challenges

• Increase in construction waste (33% increase compared to the previous year, attributed to an increase in the number of contracts).
• Impact of Covid-19 pandemic on training hours and employee turnover.

Mitigation Strategies

• Implemented various water-saving initiatives.
• Implemented a series of green procurement management initiatives to reduce construction waste.
• Provided additional safety training to site officers to minimize work-related accidents.

Supply Chain Management

Supplier Audits: Annual assessment of all suppliers and subcontractors.

Responsible Procurement

• Competitive evaluation of suppliers based on technical standards, ethical practices, health and safety standards, and environmental and social performance.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather conditions (typhoons, rainstorms, extreme heat)

Reporting Standards

Frameworks Used: HKEx Environmental, Social and Governance Reporting Guide

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced paper waste by 46% compared to the previous year.
• Reduced energy consumption of Hong Kong projects by about 25% compared to the previous year.
• Reduced non-hazardous waste generated from Hong Kong projects by about 46% compared to the previous year.

Social Achievements

• No lost work days due to work-related injuries.
• No work-related fatality in the past three years.
• No cases of discrimination recorded.

Governance Achievements

• No legal cases related to corruption.
• Established a top-down ESG framework with clear responsibilities and accountabilities.

Climate Goals & Targets

Environmental Challenges

• Increase in total greenhouse gas emissions (65% increase) due to inclusion of Southeast Asia and Mainland China projects.
• Increase in construction waste emissions (7% increase) due to inclusion of Southeast Asia and Mainland China projects.
• Increase in energy consumption (36% increase) due to inclusion of Southeast Asia and Mainland China projects.
• Increase in water consumption due to inclusion of Southeast Asia and Mainland China projects.

Mitigation Strategies

• Implementing various resource conservation and environmental protection initiatives to reduce the direct impact on the environment.
• Formulating and strictly implementing internal policies such as the “Waste Management Regulations” to provide clear guidance to our staff for their environmental protection routine, with an aim to reduce pollution.
• Seeking legal advice from local third-party legal advisors for new overseas projects to ensure compliance with local laws and regulations.
• Actively participating in the Energy Saving Charter on Indoor Temperature to reduce electricity consumption.
• Implementing various water saving measures such as regular maintenance of water facilities, use of water-saving equipment, and posting tips on how to reduce water consumption.

Supply Chain Management

Supplier Audits: Annual assessment of all suppliers and subcontractors.

Responsible Procurement

• Competitive evaluation of suppliers based on technical standards, ethical practices, health and safety standards, and environmental and social performance.

Climate-Related Risks & Opportunities

Physical Risks

• Adverse weather conditions causing damage to construction sites and injuries to workers.
• Rising temperatures increasing cooling costs and affecting operational efficiency.

Transition Risks

• Non-compliance with increasing climate change regulations and guidelines.

Reporting Standards

Frameworks Used: HKEx Environmental, Social and Governance Reporting Guide