Climate Change Data

Environmental Metrics

ESG Focus Areas

• Customer Satisfaction
• Responsible Employment
• Operational Sustainability

Environmental Achievements

• Reduced electricity consumption by 15% and Scope 2 GHG emission by 24% due to temporary store closures during the COVID-19 pandemic.

Social Achievements

• Zero work-related fatality and lost days due to work injury for the past two years.
• Implemented policies for home office and flexible working hours to safeguard employee health during the COVID-19 pandemic.
• Organized various festive gatherings and employee dinners to foster a harmonious working atmosphere.

Governance Achievements

• Implemented a whistle-blowing system to report suspected misconducts.
• No breach of relevant laws and regulations relating to bribery, extortion, fraud and money laundering.

Climate Goals & Targets

Environmental Challenges

• Data unavailability for non-hazardous waste due to building management handling waste disposal.
• Data unavailability for water consumption due to building management controlling water supply and discharge.
• Difficulty in obtaining personal protective equipment during the early stage of the COVID-19 pandemic.

Mitigation Strategies

• Provided face masks and sanitary gel to employees during the COVID-19 pandemic.
• Implemented policies regarding home office and flexible working hours to safeguard employee health during the COVID-19 pandemic.

Supply Chain Management

Supplier Audits: 96 suppliers globally, annual performance review conducted for existing suppliers.

Responsible Procurement

• New supplier evaluation system implemented; ESG criteria for suppliers include no severe environmental pollution, no serious potential health issues, respect and safeguard labour rights, compliance with international standards and requirements, and protection of intellectual property rights.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

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

• Recognised by the Community Chest for contribution and donation.

Environmental Metrics

ESG Focus Areas

• Customer health and safety
• Customer satisfaction
• Employee retention
• Business ethics
• Socio-economic compliance

Environmental Achievements

• Reduced electricity consumption by 22.8% compared to FY2020, leading to a similar reduction in Scope 2 GHG emissions.

Social Achievements

• Zero work-related fatalities and lost days due to work injury for the past three years (2019-2021).
• Implemented various preventive measures to minimize employee exposure to hazards, including fire safety measures and a smoke-free policy.
• Provided 176 staff members with training, averaging 13.14 hours per employee.

Governance Achievements

• No material non-compliance of laws and regulations relating to bribery, extortion, fraud, and money laundering.
• Implemented a whistleblowing system to encourage reporting of misbehavior or malpractice.

Climate Goals & Targets

Environmental Challenges

• Extreme weather events causing damage to facilities and affecting business activities.
• Insufficient data for setting targets for waste reduction and water efficiency.

Mitigation Strategies

• Established a Procedure for Working During Extreme Weather.
• Provided informative materials and resources on climate change to employees.
• Continuous monitoring and review of waste management system.

Supply Chain Management

Supplier Audits: 88 suppliers globally, annual evaluation

Responsible Procurement

• Social Responsibility Criteria for Suppliers (no child labor, no forced labor, no critical environmental pollution, no serious health hazards, transparent working hours policy, work-related injury insurance for all employees).

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (floods, typhoons)

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

Third-party Assurance: Not disclosed

Environmental Metrics

ESG Focus Areas

• Customer Satisfaction
• Operational Sustainability
• Responsible Employment
• Environmental Protection

Environmental Achievements

• Generated 1,104.84 tonnes of carbon dioxide equivalent (tCO2e) in FY2022.
• Reduced GHG emission intensity by 37% compared to FY2020.

Social Achievements

• Organized several gatherings and recreational activities for employees.
• Provided training to 322 employees with an average of 4.3 training hours per employee.

Governance Achievements

• Established an ESG governance structure with the Board, Audit Committee, and Functional Managers.
• Formulated an ESG Risk Management Policy and a Climate Change Policy.

Climate Goals & Targets

Environmental Challenges

• Increased energy consumption intensity (5.34 MWh per FTE) and mobile fuel consumption (21.87 L per FTE) compared to the target.
• Potential risks from extreme weather events and tightened environmental regulations.

Mitigation Strategies

• Promoting energy efficiency and energy saving.
• Prioritizing the use of mobile fuel with low carbon and air pollutant emission.
• Conducting regular climate risk assessments and developing measures to lower risks.
• Implementing the Climate Change Policy with mitigation, adaptation, and resilience approaches.

Supply Chain Management

Supplier Audits: Annual evaluation of 90 suppliers globally.

Responsible Procurement

• Strict prohibition on child labour and forced labour.
• Commitment to avoiding critical environmental pollution.
• Ensuring health and safety of employees.
• Transparent working hours policies.
• Work-related injury insurance for all employees.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events damaging assets and disrupting supply chain.
• Increased cost for human resources due to extreme heat.
• Increased insurance premiums.

Transition Risks

• Increased cost of compliance due to tightened environmental laws.
• Changes in customer preferences.
• Damage to reputation and lower demand for products.

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (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

Environmental Metrics

ESG Focus Areas

• Product Safety and Quality
• Customer Satisfaction
• Sustainable Supply Chain
• Environmental Protection
• Responsible Employment
• Caring Community

Environmental Achievements

• Reduced GHG emissions from 1104.84 tCO2e in 2022 to 935.94 tCO2e in 2023
• Reduced GHG emission intensity from 3.39 tCO2e per FTE in 2022 to 2.59 tCO2e per FTE in 2023
• Reduced energy consumption intensity from 5.34 MWh per FTE in 2022 to 3.69 MWh per FTE in 2023

Social Achievements

• Established the Environmental, Social and Governance Committee (ESG Committee) in FY2023
• Implemented a Whistleblowing Policy
• Organized various gatherings and recreational activities for employees
• Provided training to 211 employees with an average of 0.78 training hours per employee

Governance Achievements

• Established an ESG risk management framework and developed the ESG Risk Management Policy
• Implemented an annual corporate risk assessment
• Established the Employee Handbook and Internal Control Policy to prohibit fraud, bribery, and misconduct

Climate Goals & Targets

Environmental Challenges

• Significant increase in mobile fuel consumption due to the loosening of Covid-19 restrictions
• Extreme weather events such as typhoons and floods may damage assets and disrupt the supply chain
• Tightened environmental laws and regulations may increase the cost of compliance

Mitigation Strategies

• Promoting energy efficiency and energy saving
• Prioritizing the use of mobile fuel with low carbon and air pollutant emission
• Conducting regular climate risk assessments to develop mitigation measures
• Integrating climate risk identification into the overall ESG risk management process

Supply Chain Management

Supplier Audits: Annual evaluation assessment

Responsible Procurement

• Strict prohibitions on child labour and forced labour, commitment to avoiding significant environmental pollution, ensuring employee well-being and safety, transparent working hour policies, work-related injury insurance for all staff, preference for suppliers with ISO and WRAP certifications

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (typhoons, floods), frequent extreme heat, severe weather

Transition Risks

• Tightened environmental laws and regulations, changes in precipitation patterns, changes in customer preferences

Opportunities

• Not disclosed

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