Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental safety and pollution
• Working conditions and employee development, health and safety
• Adherence to high ethical standards and compliance with all legal and regulatory requirements
• Public safety and security
• Privacy information protection
• Anti-corruption

Environmental Achievements

• Reduced carbon dioxide emissions by 20.7% compared to the previous corresponding period (7.22 tonnes vs 9.11 tonnes)
• Reduced electricity consumption by 21.4% compared to the previous corresponding period (9,649 kWh vs 13,282 kWh)

Social Achievements

• Maintained low employee turnover rates
• Provided 988 hours of in-house training to 13 employees
• 8 directors attended external training programs for a total of 459 hours

Governance Achievements

• Adopted a zero tolerance policy towards corruption, bribery, extortion, fraud and money laundering
• No complaints of corruption against the Group or its staff during the Reporting Period

Climate Goals & Targets

Environmental Challenges

• Tight Hong Kong labor market making it difficult to recruit and retain talented staff
• Managing environmental and social risks in the supply chain

Mitigation Strategies

• Implementing various energy and water saving measures
• Establishing a material and supplier management system integrating sustainability into the supply chain
• Providing training and development courses for employees
• Offering competitive compensation and benefits packages

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Strict selection criteria including environmental standards considerations such as energy efficiency; green procurement of office and retail equipment

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 of the Rules Governing the Listing of Securities on the Stock Exchange)

Third-party Assurance: Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental safety and pollution
• Working conditions and employee development, health and safety
• Adherence to high ethical standards and compliance with all legal and regulatory requirements
• Public safety and security
• Privacy information protection
• Anti-corruption

Environmental Achievements

• Reduced carbon dioxide emissions by 12.70% compared to the previous year (119.66 tonnes vs 137.06 tonnes)
• Reduced electricity consumption by 13.54% compared to the previous year (166,256 kWh vs 192,285 kWh)

Social Achievements

• Provided 1,144 hours of in-house training to 14 employees
• Maintained a harmonious work environment with no employment-related disputes

Governance Achievements

• Implemented a zero-tolerance policy towards corruption, bribery, extortion, fraud, and money laundering
• Full compliance with relevant laws and regulations regarding employment, product safety, and privacy

Climate Goals & Targets

Environmental Challenges

• Maintaining a stable workforce in a tight Hong Kong labor market
• Managing waste from packaging materials in retail operations

Mitigation Strategies

• Investing in employee training and development programs
• Implementing measures to reduce packaging material usage and promote recycling
• Reviewing packaging with a view to using less paper and plastic

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Careful supplier selection based on criteria including environmental standards and energy efficiency; green procurement for office and retail equipment

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 of the Rules Governing the Listing of Securities on the Stock Exchange)

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

• Environmental safety and pollution
• Working conditions and employee development, health and safety
• Adherence to high ethical standards and compliance with all legal and regulatory requirements
• Public safety and security
• Privacy information protection
• Anti-corruption

Environmental Achievements

• Reduced carbon dioxide emissions by 12.65% compared to the previous year (from 119.66 tonnes to 104.52 tonnes)
• Reduced electricity consumption by 3.11% compared to the previous year (from 166,256 kWh to 161,089 kWh)
• Reduced plastic bag consumption significantly due to the "Plastic Shopping Bag Charging Scheme" (from 744,000 to 399,000 pieces)

Social Achievements

• Provided 1,144 hours of in-house training to 14 employees
• 4 directors attended external training programs for a total of 326 hours
• Maintained a safe working environment with no reported work injuries or fatalities
• No employment related legal disputes

Governance Achievements

• Adopted a zero tolerance policy towards corruption, bribery, extortion, fraud and money laundering
• No complaints of corruption against the Group or its staff during the Reporting Period

Climate Goals & Targets

Environmental Challenges

• Tight Hong Kong labor market making it difficult to recruit and retain talented staff
• Managing environmental impact from packaging and paper consumption in retail operations

Mitigation Strategies

• Investing in employee training and development programs
• Implementing energy saving measures and reviewing packaging to reduce waste
• Utilizing recycled packaging and products wherever possible
• Encouraging electricity, water and paper saving habits of staff

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Strict selection criteria for suppliers including environmental standards considerations

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 of the Rules Governing the Listing of Securities on the Stock Exchange)

Third-party Assurance: Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental Matters
• Social Matters

Environmental Achievements

• Met targets for GHG emissions and energy efficiency (10% reduction within 5 years from the reporting period ended 31 March 2022).

Social Achievements

• Maintained low employee turnover rates (6.4%).
• Provided 1,612 hours of in-house training to 17 employees.
• No cases of non-compliance with regard to labour practices.

Governance Achievements

• Established an ESG Committee.
• Implemented a zero-tolerance policy towards corruption.
• Full compliance with relevant laws and regulations.

Climate Goals & Targets

Environmental Challenges

• Increasing customer requirements of quality products.
• Shortage of manpower.

Mitigation Strategies

• Enhance quality control process.
• Increase staff benefits.
• Give more development opportunities for employees.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Careful supplier selection based on criteria including environmental standards.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather (heavy rainfall, flooding, typhoons)

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix C2 of the Rules Governing the Listing of Securities on the Stock Exchange)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed