Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Governance
• Employment Practices
• Community Investment
• Sustainable Finance
• Supply Chain Management
• Cybersecurity
• Customer Data Protection
• Anti-corruption

Environmental Achievements

• Reduced non-hazardous waste by 1.9% compared to the previous year.
• Reduced hazardous waste by 3.7% compared to the previous year.
• Reduced GHG emissions by 23.7% compared to the previous year.
• Launched a paper reduction program by switching to thinner paper (75gsm) in December 2020.

Social Achievements

• Established an ESG Committee.
• Provided anti-corruption, anti-money laundering, cybersecurity, risk management, and compliance training to all employees.
• Donated HKD$50,000 and 20,000 masks to support frontline staff fighting the pandemic.
• Donated approximately 1,500 masks to local families in need.

Governance Achievements

• Integrated ESG risks into the enterprise risk management (ERM) inventory.
• Implemented policies and procedures to comply with local laws and regulations on anti-corruption, anti-money laundering, and cybersecurity.
• Established an AML working group to oversee anti-money laundering and counter-financing of terrorism.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting operations and community engagement.
• Climate change risks affecting core operations and financial stability.
• Cybersecurity risks and the need to protect customer data.
• ESG risks related to climate change, policy change, and technological advancement impacting market and credit risks.

Mitigation Strategies

• Implemented measures to protect employees' health and control the spread of the pandemic (masks, hand sanitizers, video conferencing, flexible work arrangements).
• Established an ESG Committee to guide the company's sustainability efforts.
• Integrated ESG risks into the ERM inventory.
• Implemented cybersecurity measures, including network segmentation, penetration testing, and employee training.
• Implemented policies and procedures for anti-money laundering and anti-corruption.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier sustainable policy with ESG principles for key suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Natural disasters (typhoons)

Transition Risks

• Market revaluation risk for energy-intensive industries.
• Market and credit risks from borrowers and issuers facing environmental concerns.

Opportunities

• Green investment and financing opportunities (renewable energy, organic farming, recycling).

Reporting Standards

Frameworks Used: ESG Guide (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

• Not disclosed

Awards & Recognition

• "Caring Company" for the 6th consecutive year

Environmental Metrics

ESG Focus Areas

• Energy saving and emission reduction
• COVID-19 response
• Responsible investment
• Sustainable finance
• Digital transformation
• Employee development
• Climate change

Environmental Achievements

• Total GHG emission intensity reduced by approximately 22.2% to 0.014 tons CO2-eq/sq.ft.
• Energy consumption intensity decreased by approximately 14.3% to 0.018 MWh/sq.ft.
• Hazardous waste intensity decreased by approximately 60.7%
• Non-hazardous waste intensity decreased by approximately 28.1%

Social Achievements

• Nearly 96% of employees received two doses of COVID-19 vaccination.
• Strengthened online customer service capabilities.
• Employee training hours soared by 198% to 6,221 hours, covering 100% of employees.
• Number of Group’s staff increased by 17% year-on-year to 691.

Governance Achievements

• Integrated ESG factors into the Group’s Risk Framework and front-line business policies and strategies.
• Instilled negative screening process, responsible investment and active ownership concepts into investment management practice.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• eDDA Express Deposit, Flexi-Money, remote account opening application, customer service chatbot

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Green Finance
• Carbon Neutrality
• Sustainable Development

Environmental Achievements

• Achieved carbon neutrality at the operational level for the second consecutive year by purchasing carbon credit assets from verified carbon standard (VCS) forestry projects, following four consecutive years of declining greenhouse gas emissions.

Social Achievements

• Responded to Hong Kong's CIES program by providing solutions for investment immigration, with three public funds included in eligible collective investment schemes registered in Macao, expanding the customer base.
• Launched virtual asset spot Exchange Traded Funds (ETFs)-linked structured notes in the Hong Kong market.

Governance Achievements

• Completed Hong Kong and Mainland China's first multi-currency sustainability-linked loan in the securities industry.
• Launched the Group's first green deposit, actively promoting sustainable development.

Climate Goals & Targets

Environmental Challenges

• Global uncertainties continuously impacting the capital market in Hong Kong.

Mitigation Strategies

• Maintained stringent control over risks, vigorously enhanced comprehensive financial service capabilities and product diversification driven by client demand.

Supply Chain Management

Climate-Related Risks & Opportunities