Climate Change Data

Cathay Media and Education Group Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:15921.25 tCO2e/year (Higher Education) + 78.60 tCO2e/year (Entertainment)
Scope 1 Emissions:37.06 tCO2e/year (Higher Education) + 5.89 tCO2e/year (Entertainment)
Scope 2 Emissions:15884.19 tCO2e/year (Higher Education) + 72.71 tCO2e/year (Entertainment)
Total Energy Consumption:27339.40 MWh/year (Higher Education) + 19.67 MWh/year (Entertainment)
Water Consumption:1414814 m3/year
Waste Generated:11309.00 tons/year (Higher Education) + 0.25 tons/year (Entertainment)

ESG Focus Areas

  • Corporate Governance
  • Ecological Environment
  • Social Responsibility

Environmental Achievements

  • Implemented various energy-saving and consumption reduction measures, including utilizing natural lighting, energy-saving lighting, and implementing indoor temperature control regulations.
  • Strengthened daily maintenance and management of water facilities to prevent water waste.
  • Implemented waste management policies, including the handling of hazardous and non-hazardous waste.
  • Encouraged employees to use public transport and other new energy transport to reduce air emissions.

Social Achievements

  • Established a multi-level training framework for employees, covering professional skills, leadership, human rights, health, and safety.
  • Improved employee benefits and compensation, establishing a diverse benefits system and a strong salary incentive mechanism.
  • Actively participated in industry exchanges and community welfare activities, with employees contributing to public welfare activities on 2,239 occasions, totaling 409 hours, with a total investment exceeding RMB2 million.

Governance Achievements

  • Established a comprehensive ESG governance framework, specifying the Group’s ESG governance policies and strategies.
  • Established an efficient stakeholder engagement and feedback mechanism.
  • Established internal risk control systems and relevant anti-corruption policies and management methods.

Climate Goals & Targets

Environmental Challenges

  • Potential impact of climate change on infrastructure facilities and employee/student commuting, health, and safety.
  • Potential impact of average temperature rise on TV/Film production equipment.
  • Managing environmental and social risks in the supply chain.
Mitigation Strategies
  • Developed emergency management plans for extreme natural disasters.
  • Standardized the use of TV/Film production equipment and carried out regular maintenance and quality inspection.
  • Implemented stringent requirements on all catering service suppliers regarding their relevant licenses and permits.
  • Conduct qualification surveys on suppliers and investigate their reputation, qualifications, popularity, and feasibility.

Supply Chain Management

Responsible Procurement
  • Open tendering, invitation to tender, competitive negotiations, single source procurement and inquiry for supplier selection.
  • Assessment of suppliers’ enterprise qualification, relevant business performance, internal management system, legal compliance and financial stability.

Climate-Related Risks & Opportunities

Physical Risks
  • Blizzards
  • Extreme precipitation
Transition Risks
  • Average temperature rise

Reporting Standards

Frameworks Used: Appendix C2 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited on Environmental, Social and Governance Reporting Guide