Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Sustainable development
• Employee well-being
• Safety
• Supply chain management
• Anti-corruption
• Community contribution

Environmental Achievements

• Encouraged employees to reduce paper consumption by reusing single-sided printed paper, assessing the necessity of printing, and using duplex printing.
• Adopted measures for saving electricity (lighting, air-conditioning, computers, other electric appliances).
• Increased use of aluminum in formwork to reduce consumption of natural wooden resources.
• Prioritized local procurement (94% of suppliers were local) to reduce greenhouse gas emissions from transportation.

Social Achievements

• Maintained long-term relationships with customers and working partners.
• Provided competitive remuneration packages based on market rates and employee performance.
• Implemented workplace safety documentation with guidance on site conditions, hazards, responsibilities, precautions, and emergency response.
• Established an effective system for handling customer complaints and disputes.
• Established policies to prohibit child labor and forced labor.
• Donated HKD 1 million to The Community Chest of Hong Kong and HKD 200,000 to the construction sector for anti-epidemic purposes.

Governance Achievements

• Established a comprehensive corporate governance policy.
• Established a code of conduct for employees, including prohibition of accepting gifts and other improper benefits.
• Established a whistle-blowing mechanism for reporting fraud, corruption, and other unlawful acts.
• Provided anti-corruption training to directors and management staff (9 employees, 18 hours).

Climate Goals & Targets

Environmental Challenges

• Increasing competition among contractors.
• Dependence on a few major customers (top five customers accounted for 83.5% of revenue).
• Failure to obtain new projects.
• Cash flow mismatch due to upfront costs.
• Discrepancy between estimated and actual costs.
• COVID-19 pandemic impacting business operations and financial performance.
• Potential supply chain disruptions from the PRC.

Mitigation Strategies

• Subcontracting model for flexibility and resilience.
• Expanding workforce and exploring merger and acquisition opportunities.
• Prudent cash management and utilization of banking facilities.
• Developing alternative sourcing strategies.
• Guidelines for work arrangement in adverse weather.
• Precautions against COVID-19 (guidelines, mask requirements, travel history reporting, work-from-home).

Supply Chain Management

Supplier Audits: 16/year

Responsible Procurement

• Approved supplier and subcontractor lists; annual performance evaluations; prioritization of green procurement and local suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather (typhoons, rainstorms)

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities on 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

• Increased use of aluminum formwork.

Awards & Recognition

• Various safety performance awards from construction stakeholders.