Climate Change Data

Planetree International Development Limited

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:106.7 tCO2e/year
Scope 1 Emissions:0.0 tCO2e/year
Scope 2 Emissions:105.0 tCO2e/year
Scope 3 Emissions:1.6 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:147,912 kWh/year
Water Consumption:39 m3/year
Waste Generated:10.3 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Employee welfare
  • Inclusion and equal opportunities
  • Talent attraction and retention
  • Occupational health and safety
  • Prevention of child and forced labour
  • Supply chain management
  • Labour standards in supply chain
  • Economic value generation
  • Protection of intellectual property rights
  • Protection of customer privacy
  • Corporate governance
  • Anti-corruption
  • Community investments

Environmental Achievements

  • Reduced GHG emission to 106.7 tonnes with an intensity of 2.96 tonnes per employee (Scope 2 emissions mainly from electricity consumption in office). Aims to achieve 45% reduction of GHG emission by 2030 from a base year of 2021 (scope 1, 2 & 3).

Social Achievements

  • No work-related injury or fatality of employees, nor any lost days due to work injury in the past three years.
  • Provided medical insurance covering out-patient, hospitality and annual body check-up for employees.
  • 17 employees underwent training, with an average of 5.1 hours per employee.

Governance Achievements

  • Adopted and complied with the code provisions as set out in the Corporate Governance Code under Appendix C1 Part 2 of the Listing Rules.
  • Adopted the Model Code for Securities Transactions by Directors of Listed Issuers.
  • Implemented Board diversity policy.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve 45% reduction of GHG emission by 2030 from a base year of 2021 (scope 1, 2 & 3).
  • Achieve 50% reduction of non-hazardous wastes by 2030 from a base year of 2021.
  • Achieve 20% decrease in energy use per person by year 2030 from the base year of 2021.
  • Achieve 10% decrease in water consumption by year 2030 from the base year of 2021.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Sluggish stock market performance affecting asset management service income.
  • Decrease in corporate advisory service income and margin loan interest income.
  • Decrease in loan receivables interest income.
  • Drop in number of clients in financial services market.
  • Intense competition in corporate advisory services.
  • Market downturn driven by property market slump.
  • High vacancy rates and new supply of office spaces in the office market.
Mitigation Strategies
  • Implemented cost saving initiatives.
  • Ensured a strong and healthy financial position.
  • Expanded offering services online.
  • Applied for and obtained Type 4 & Type 5 licences under the SFO.
  • Rolled out a pre-IPO platform (Etreemart).
  • Adopted conservative and stringent cost control policies.
  • Maintained sufficient working capital.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Green procurement policy (reusable, repairable and durable); refillable pens, environment-friendly paper and refillable potable water; priority to environmentally friendly and socially responsible suppliers.

Climate-Related Risks & Opportunities

Physical Risks
  • Increased extreme weather (typhoons and heavy rain) leading to productivity loss.
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Appendix C2 to the Listing Rules

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed