Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employment and Labour Practices
• Operational Practices
• Community Investment

Environmental Achievements

• Implemented energy-saving measures such as LED lighting, encouraging employees to turn off computers and monitors when not in use, and promoting double-sided copying to reduce paper usage.

Social Achievements

• Complied with labor laws in Hong Kong and China, offering equal employment opportunities and providing benefits such as medical insurance, maternity leave, and participation in the Mandatory Provident Fund (MPF) Scheme in Hong Kong.
• Provided training to employees (average 1.11 hours per employee), with a focus on skill development and professional training.

Governance Achievements

• Implemented a quality management system achieving ISO 9001:2008 certification.
• Developed and adopted health and safety policies covering prohibition of smoking in the workplace, abuse of alcohol and drugs, and risk prevention.
• Developed company policies on anti-fraud, anti-bribery, and anti-extortion.

Climate Goals & Targets

Environmental Challenges

• Indirect greenhouse gas emissions from electricity consumption.
• Managing non-hazardous waste (e.g., paper).

Mitigation Strategies

• Implemented energy-saving initiatives (LED lighting, encouraging employees to turn off electronics, etc.).
• Promoted double-sided copying and electronic information systems to reduce paper usage.

Supply Chain Management

Supplier Audits: 31 suppliers assessed annually for social compliance

Responsible Procurement

• Ethical and social compliance standards for footwear suppliers and OEMs, including assessments of child and forced labor, workplace health and safety, compensation, and anti-discrimination policies.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GEM Listing Rules Chapter 17.103 of The Stock Exchange of Hong Kong Limited (SEHK)

Certifications: ISO 9001:2008

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employment and Labour Practices
• Operational Practices
• Community Investment

Environmental Achievements

• Installed LED lighting systems in offices; encouraged employees to turn off IT devices when not in use; set office machines to turn off automatically after hours; maintained optimal indoor temperature; put up energy-saving signage; encouraged use of telephone/video conferencing to reduce travel.
• Reduced non-hazardous waste through paperless solutions and double-sided printing.

Social Achievements

• Maintained zero work-related fatalities and lost days due to work injury.
• Provided orientation training and mentoring for new joiners; organized internal seminars on EU and US sanctioned lists and internal control procedures; offered various on-the-job training sessions.

Governance Achievements

• Implemented and maintained a high-standard quality management system, achieving ISO 9001:2015 certification.
• Established a whistle-blowing policy and procedures.
• Developed company policies on anti-fraud, anti-bribery, anti-extortion, and anti-money laundering.

Climate Goals & Targets

Environmental Challenges

• Managing energy consumption in the corporate office.
• Reducing non-hazardous waste generation.

Mitigation Strategies

• Implemented energy-saving initiatives (LED lighting, device shutdowns, etc.).
• Encouraged paperless solutions and double-sided printing.

Supply Chain Management

Supplier Audits: Annual internal assessment for regular suppliers; customer-requested assessments.

Responsible Procurement

• Ethical and social compliance standards for suppliers; evaluation of legal compliance, ethical and social compliance, environmental impact, and anti-discrimination protocols.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GEM Listing Rules Chapter 17.103 of The Hong Kong Exchanges and Clearing Limited

Certifications: ISO 9001:2015

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employment and Labour Practices
• Operating Practices
• Community Investment

Environmental Achievements

• Zero Environmental Non-Compliance
• Reduced Nitrogen Oxides Emission
• Reduced Particulate Matter Emission

Social Achievements

• 21.3 hours of Development and Training per employee
• Zero Work-Related Fatalities
• Zero Injuries at Work

Governance Achievements

• No material non-compliance with laws and regulations in respect of human resources
• No concluded legal cases regarding corrupt practices during the Reporting Period.
• No cases of anti-corruption were concluded

Climate Goals & Targets

Environmental Challenges

• GHG emission from fossil fuel consumption
• Waste generation
• Water consumption

Mitigation Strategies

• Migration to product materials with a longer durability and a low carbon footprint
• Maintaining indoor temperature at an optimal level
• Providing on-off and zoning control of lighting and ventilation
• Encouraging employees to switch off machines and devices when not in use
• Procuring energy-efficient electrical appliances
• Encouraging employees to make the best use of modern telecommunication system
• Placing “Green Message ” reminders on office equipment
• Organizing training sessions on energy efficiency
• Continuous replacement of aged air handling unit
• Promoting a green and paperless operation
• Encouraging increased use of reusable products
• Better separation of waste streams for recycling
• Water saving devices installed at water taps
• Environmental messages posted in pantry and washrooms
• Regular maintenance of utility facilities

Supply Chain Management

Responsible Procurement

• vendor and supplier selection mechanism based on potential vendors’ compliance with all applicable laws and regulations

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employment and Labour Practices
• Operating Practices
• Community Investments

Environmental Achievements

• 58% reduction of Greenhouse Gas Emission
• Zero Environmental Non-Compliance
• Zero Fatalities

Social Achievements

• >2000 hours of Development and Training
• Zero work-related fatalities and injuries

Governance Achievements

• Effective monitoring and evaluation of sanctions risk
• No concluded legal cases regarding corrupt practices

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic disrupting global economy and operations

Mitigation Strategies

• Established a designated working team to enhance hygienic measures and employee care
• Provided adequate PPE and implemented social distancing measures
• Migrated to a remote workforce where feasible
• Followed government health advice and regulations

Supply Chain Management

Supplier Audits: 5 suppliers

Responsible Procurement

• Vendor and supplier selection mechanism based on compliance with laws and regulations

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employee Well-being
• Sustainable Operations
• Community Engagement

Environmental Achievements

• 79% reduction of Greenhouse Gas Emission
• 97% reduction of purchased electricity

Social Achievements

• Provided competitive wages, medical insurance, disability and invalidity coverage, maternity leave, and other compensation to employees.
• Zero work-related fatalities and injuries.

Governance Achievements

• Established a risk management committee to monitor and evaluate business exposure to sanctions risk.
• Developed policies on anti-fraud and anti-bribery.

Climate Goals & Targets

Environmental Challenges

• Extreme precipitation, typhoons, and thunderstorms may occasionally disturb business operations.
• Enhanced emissions-reporting obligations.
• Procuring products with longer durability and lower carbon footprint may increase cost of goods sold.

Mitigation Strategies

• Provided remote working solutions for employees.
• Made capital expenditures on servers, cloud subscriptions, and computer equipment.
• Actively sought insights into rules and regulations from consultancies.
• Implemented green procurement, e.g., traded products manufactured with recycled materials and tried to avoid purchasing disposable products.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Vendor and supplier selection mechanism based on compliance with laws and regulations (safety, environment, forced labor, child labor).

Climate-Related Risks & Opportunities

Physical Risks

• Extreme precipitation
• Typhoons
• Floods
• Heat waves
• Thunderstorms

Transition Risks

• Enhanced emissions-reporting obligations
• Mandates and regulations of existing products and services
• Substitution of existing products and services with lower emissions options

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Protection of intellectual property rights & customer data
• Customer satisfaction
• Anti-corruption & whistle-blowing policies and related trainings
• Employee’s benefits
• Occupational health and safety

Environmental Achievements

• No violation of environmental protection laws or regulations.
• 5% emission reduction target by 2032 by enhancing overall energy efficiency and encouraging staff to reduce energy consumption.
• 5% reduction in non-hazardous waste by 2032 through the “4-R” Principles – Reduce, Reuse, Replace and Recycle.

Social Achievements

• Strictly complies with all applicable laws and regulations regarding employment and labor practices.
• Offers competitive wages, medical insurance, disability and invalidity coverage, maternity leave, and other compensation.
• Provides a range of on-the-job training and relevant courses to strengthen employees’ occupational and management skills.
• Established a whistle-blowing policy and implemented procedures for employees to report improprieties.

Governance Achievements

• Board holds accountability for Group’s ESG strategies, measures and performance.
• Board oversees the identification and assessment of critical business and ESG risks and opportunities.
• Effectively monitored and evaluated business exposure to sanctions risk.

Climate Goals & Targets

Environmental Challenges

• Acute physical risks such as extreme precipitation, typhoons, and thunderstorms may occasionally disturb the Group’s business operations.
• Enhanced emissions-reporting obligations.
• Procuring products made from materials with longer durability and a lower carbon footprint may increase the Group’s cost of goods sold.

Mitigation Strategies

• Provided remote working solutions for employees.
• Made capital expenditures related to servers, cloud subscriptions, and computer equipment for employees.
• Actively sought insights into rules and regulations from consultancies.
• Implemented green procurement.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prohibition of child and forced labour
• Prohibition of usage of toxic or hazardous materials
• Safe and decent workplace
• Proper waste management and disposal
• Adherence to anti-discrimination
• Prohibition of illegal emission of toxic gas

Climate-Related Risks & Opportunities

Physical Risks

• Extreme precipitation
• Typhoons
• Flood
• Heat Waves
• Thunderstorms

Transition Risks

• Enhanced emissions-reporting obligations
• Mandates and regulations of existing products and services
• Substitution of existing products and services with lower emissions options

Reporting Standards

Frameworks Used: Appendix 20 to the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited

Third-party Assurance: Not disclosed

Environmental Metrics

ESG Focus Areas

• Customer satisfaction
• Protection of intellectual property rights & customer data
• Product quality control

Environmental Achievements

• Did not violate any environmental protection laws or regulations; achieved 0 tonnes of CO2e in Scope 1 emissions and 46.7 tonnes of CO2e in Scope 2 emissions in FY2023.
• Reduced paper consumption to 0.1 tonnes in FY2023 (from nil in FY2022).

Social Achievements

• Maintained a 50% male and 50% female workforce.
• Provided competitive salaries, medical insurance, and other benefits.
• Implemented a whistle-blowing policy.

Governance Achievements

• Board actively oversees ESG risks and opportunities.
• Strictly complies with all applicable laws regarding data privacy and anti-corruption.

Climate Goals & Targets

Environmental Challenges

• Increased electricity consumption in FY2023 compared to FY2022 due to returning to normal operation levels after the COVID-19 pandemic.
• Potential climate-related risks including extreme weather events and enhanced emissions-reporting obligations.

Mitigation Strategies

• Implemented energy-saving measures to target a 5% emission reduction by 2033.
• Provided remote working solutions during extreme weather conditions.
• Actively sought insights into emissions-reporting obligations and implemented green procurement.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier selection mechanism based on legal and regulatory compliance (safety, environment, forced labor, child labor, etc.)
• Requirement for suppliers to adhere to ethical and responsible business practices (prohibition of child and forced labor, toxic materials, etc.)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme precipitation
• Typhoons
• Floods
• Heat waves
• Thunderstorms

Transition Risks

• Enhanced emissions-reporting obligations
• Mandates and regulations of existing products and services
• Substitution of existing products and services with lower emissions options

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix C2 to the Rules Governing the Listing of Securities on GEM by 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

• Not disclosed