7Road Holdings Limited (第七大道控股有限公司)
Climate Impact & Sustainability Data (2018)
Reporting Period: 2018
Environmental Metrics
Total Energy Consumption:27,710 kWh/year
Water Consumption:1,656 tonnes/year
Waste Generated:535 kg of paper/year
ESG Focus Areas
- Environmental protection
- Social responsibility
- Governance
Environmental Achievements
- Reduced paper consumption by implementing a paperless process for managing employee attendance and promoting double-sided printing and paper recycling.
- Reduced electricity consumption by using energy-saving lighting and appliances and turning off unused equipment and air conditioners during non-working hours or low occupancy.
Social Achievements
- Developed and implemented policies on ESG and other issues to advance and manage matters relating to social responsibility, such as product responsibility, labor standards, environmental protection, health and safety, and supply chain management.
- Established a professional content review team to ensure that game elements do not contain any legally prohibited or improper wordings and materials.
- Adopted data security measures to protect user data privacy.
- Provided employees with competitive remuneration packages, benefits, and a harmonious working atmosphere.
- Offered various staff development and training programs, including new employee training, high-potential talent training, leadership training, and professional skills upgrading.
- Maintained a safe and healthy working environment with green plants, smoking restrictions, fire-fighting facilities, and regular fire inspections.
- Complied with all relevant laws and regulations relating to compensation and dismissal, recruitment and promotion, working hours, rest periods, equal opportunity, diversity, anti-discrimination, and other benefits and welfare.
- Made in-kind donations through compliant charitable organizations to help those in need.
Governance Achievements
- Established an Intellectual Property Management System to protect intellectual property rights.
- Implemented an Anti-Corruption Management Policy and code of ethics to crack down on unethical business practices.
- Complied with the applicable code provisions of the CG Code (except for A.1.1, A.2.1, and A.2.7, with explanations provided).
Climate Goals & Targets
Environmental Challenges
- The SAPPRFT ceasing the issue of approvals for publishing new online games from March to the end of December 2018, leading to a delay in launching new games and a decrease in revenue from existing games.
- Loss in relation to the Group’s investment in Digital Hollywood due to the Unusual Price Movement and the change in accounting method.
- Increasing competition in the game industry and evolving industrial policy.
Mitigation Strategies
- Postponed the schedule for applying for approvals and launching certain pipeline games in mainland China.
- Actively seeking possible external investment and cooperation.
Supply Chain Management
Responsible Procurement
- supplier code of conduct indicating expectations towards suppliers and business partners in terms of anti-corruption, product and service quality, environmental protection and occupational health and safety