Climate Change Data

Vividthree Holdings Ltd

Climate Impact & Sustainability Data (2019-04 to 2020-03)

Reporting Period: 2019-04 to 2020-03

Environmental Metrics

Total Energy Consumption:148,633 kWh/year (FY2020)

ESG Focus Areas

  • Economic Performance
  • Energy Management
  • Employment
  • Corporate Governance
  • Compliance
  • Intellectual Property Rights Protection

Environmental Achievements

  • Reduced electricity consumption by approximately 10% (16,446 kWh) in FY2020 compared to FY2019 through initiatives like switching to LED lighting and maintaining air-conditioning temperature.

Social Achievements

  • Zero incidents of discrimination reported in FY2020.
  • Maintained a learning culture, offering training programs to employees to keep them abreast with technology advancements.
  • Implemented flexible work and leave scheduling (pre-COVID-19).

Governance Achievements

  • All staff completed declaration of conflict of interest with no conflicts declared in FY2020.
  • No reported cases of whistleblowing or corruption in FY2020.
  • No reported cases of non-compliance with local laws and regulations in FY2020.
  • No reported cases of infringement of Intellectual Property Rights against the Group in FY2020.

Climate Goals & Targets

Short-term Goals:
  • Maintain current level of electricity consumption and explore alternatives to further reduce consumption.

Environmental Challenges

  • Slowdown in commercial activities due to COVID-19 travel restrictions and control measures, negatively affecting revenue in FY2020.
  • Content Production segment greatly affected by COVID-19 pandemic in China and Southeast Asia, resulting in a 61.2% revenue decline.
Mitigation Strategies
  • Initiated business continuity planning to protect staff and mitigate impact on business operations.
  • Leveraged digital technologies to lessen the impact of the COVID-19 pandemic.
  • Implemented strict measures such as travel freeze, safe distancing, and mandatory mask-wearing to ensure staff safety.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards – Core Option