Climate Change Data

Environmental Metrics

ESG Focus Areas

• Responsible Supply Chain Management
• Sustainable Manufacturing
• Innovative Products and Services
• Corporate Governance
• Talent Development
• Community Engagement

Environmental Achievements

• Reduced carbon intensity by 14.7%
• 93% scrap metal recovery
• 100% safety inspection achievement
• Zero work-related fatalities
• Implementation of e-forklifts and EVs
• Installation of a rooftop solar power generation facility
• Adoption of SGS’s S-Carbon digital carbon management and reporting platform
• 20% reduction in water consumption intensity compared to FY2022/23

Social Achievements

• Launched employee well-being programs
• 95.6% customer satisfaction rate
• 90.2% safety training completion rate
• Implementation of a robust health and safety management framework (ISO 45001 certified)
• Participation in various community engagement initiatives (charity concerts, sponsoring students, etc.)
• Employee volunteering activities

Governance Achievements

• Established a Sustainability Sub-Committee
• Implemented anti-corruption training for all employees
• Established a robust whistleblowing policy
• Implemented a comprehensive quality assurance process
• No reported cases of non-compliance relating to bribery, extortion, fraud, or money laundering

Climate Goals & Targets

Environmental Challenges

• Pandemic recovery and new economic challenges
• Increased frequency and severity of inclement weather events
• Enactment of more stringent laws and regulations related to climate change
• Increased electricity consumption due to a new production line

Mitigation Strategies

• Developed short-term and long-term action plans to facilitate the adaptation and mitigation of climate risks
• Install sensors to identify high temperature and adjust work allocation
• Enhance automation to reduce manpower in certain processes
• Set up a delegated team to monitor the weather and work out contingency plans
• Maintain sufficient inventory
• Purchase insurance coverage
• Allocate professional standby to ensure building safety in case of emergency
• Monitor regulatory trends
• Consult professional opinion
• Adopt renewable energy in operations
• Reduce carbon emissions
• Implement more efficient production methods and explore alternative energy sources

Supply Chain Management

Supplier Audits: Annual on-site visits for shortlisted suppliers

Responsible Procurement

• Supplier evaluation process
• Supplier Environmental Support Statement
• ISO 14001 certification
• Conflict minerals declaration

Climate-Related Risks & Opportunities

Physical Risks

• Prolonged period of extremely hot weather
• Increased frequency and severity of inclement weather events

Transition Risks

• Enactment of more stringent laws and regulations related to climate change

Opportunities

• Adoption of renewable energy
• Development of energy-efficient products

Reporting Standards

Frameworks Used: SEHK ESG Reporting Guide

Certifications: ISO 9001, ISO 14001, ISO 45001, Global Recycled Standard (GRS), HKQAA Green Finance Certificate

Third-party Assurance: Hong Kong Quality Assurance Agency (HKQAA)

UN Sustainable Development Goals

• SDG 8
• SDG 9
• SDG 12
• SDG 13
• SDG 17

The Group's initiatives contribute to these SDGs through responsible supply chain management, sustainable manufacturing, innovative products and services, community engagement, and partnerships.

Sustainable Products & Innovation

• Recycled alloys
• Semi-automatic 3D planning software for customised surgical templates

Awards & Recognition

• 48th Geneva International Exhibition of Inventions Gold Medal
• 12th Junzi Corporation Award
• Business Innovator The Most Innovative Enterprise Award
• Master-Insight Media 2023 ESG Corporate Vision Award
• UNSDG Achievement Awards (Organisation Award – Merit)