Climate Change Data

Environmental Metrics

ESG Focus Areas

• Employment
• Labor standards
• Health and safety
• Development and training
• Anti-corruption
• Emissions

Environmental Achievements

• Reduced greenhouse gas emissions (Scope 1 & 2) from 59 metric tons CO2-e in 2020 to 49 metric tons CO2-e in 2021.
• Reduced energy consumption from 422,011 kWh in 2020 to 315,489 kWh in 2021.
• Implemented energy-saving practices such as turning off electronic equipment and using e-statements.

Social Achievements

• No cases of child labor or forced labor.
• No material accidents or health and safety incidents.
• Provided anti-pandemic supplies and training to employees in response to COVID-19.

Governance Achievements

• Provided updated training on anti-money laundering, anti-bribery, and anti-corruption to directors and employees.
• Implemented a whistle-blowing channel to maintain confidentiality.

Climate Goals & Targets

Environmental Challenges

• Acute physical risks from extreme weather events causing business interruption and increased insurance premiums.
• Chronic physical risks from long-term climate change increasing operating and maintenance costs.
• Transition risks from tightening climate policies and regulatory requirements.

Mitigation Strategies

• Property and public liability insurance to protect against financial loss.
• Operational procedures to protect assets and property during extreme weather events.

Supply Chain Management

Supplier Audits: Yearly audits and risk ratings.

Responsible Procurement

• Due diligence in selecting business partners with aligned ethical values and standards.

Climate-Related Risks & Opportunities

Physical Risks

• Increased severity and frequency of extreme weather events
• Increased mean temperature

Transition Risks

• Tightening climate policies and regulatory requirements

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

Third-party Assurance: Not disclosed

Environmental Metrics

ESG Focus Areas

• Employment
• Labour standards
• Health and safety
• Development and training
• Anti-corruption
• Emissions

Environmental Achievements

• Reduced greenhouse gas emissions from 31 metric tons CO2-e in 2021 to 25 metric tons CO2-e in 2022. Implemented energy-saving practices and water-saving campaigns, resulting in sensible energy and water consumption.
• Implemented measures to improve energy efficiency and reduce paper and water consumption. Encouraged double-sided printing and paper recycling.

Social Achievements

• Maintained compliance with all relevant employment legislation. No cases of prosecution for violating employment legislation, strikes, or labor disputes.
• Implemented health and safety measures at offices, provided training, and published guidelines. No material accidents or health and safety incidents reported.
• Launched several training programs for employees on technology, regulations, and knowledge.

Governance Achievements

• Established robust ESG practices, aligning ESG with strategic growth and integrating it into business operations. The Board reviews ESG performance annually.
• Implemented anti-corruption training for directors and employees. No cases of prosecution for violating anti-corruption legislation.

Climate Goals & Targets

Environmental Challenges

• Acute physical risks from extreme weather events causing business interruption, increased insurance premiums, and health and safety incidents.
• Chronic physical risks from long-term climate change increasing operating and maintenance costs.
• Transition risks from tightening climate policies and regulations leading to higher capital investment and non-compliance costs.

Mitigation Strategies

• Property and public liability insurance to protect against financial loss.
• Operational procedures to protect employees, customers, and assets during extreme weather.
• Implementation of various mitigation and adaptation measures to address climate-related risks.

Supply Chain Management

Supplier Audits: Yearly audits and risk ratings.

Responsible Procurement

• Due diligence in selecting business partners.
• Transparent, fair, and open procurement procedures.

Climate-Related Risks & Opportunities

Physical Risks

• Increased severity and frequency of extreme weather events.
• Increased mean temperature.

Transition Risks

• Tightening climate policies and regulatory requirements.

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

Third-party Assurance: Not disclosed

Environmental Metrics

ESG Focus Areas

• Employment
• Labour standards
• Health and safety
• Development and training
• Anti-corruption
• Emissions

Environmental Achievements

• Reduced greenhouse gas emissions from 8 metric tons CO2-e in 2022 to 1.98 metric tons CO2-e in 2023. Implemented energy-saving practices and a water-saving campaign, resulting in sensible energy and water consumption.
• Implemented measures to improve energy efficiency and reduce paper and water consumption. Encouraged reuse of paper and deployed paper recycling bins.

Social Achievements

• Maintained a stable workforce with a turnover rate of 14.3% in 2023 (compared to 125.7% in 2022).
• Provided structured orientation training to new recruits and in-house and external training to ensure satisfactory job performance.
• No cases of child labor or forced labor reported.
• Donated HK$20,000 to The Society for Community Organization Ltd.

Governance Achievements

• Implemented robust ESG practices, aligning ESG with strategic growth and integrating it into business operations.
• Established and implemented various policies to manage and monitor risks related to environment, employment, operating practices, and community.
• Provided updated training on anti-money laundering, anti-bribery, and anti-corruption to Directors and employees.

Climate Goals & Targets

Environmental Challenges

• Acute physical risks from extreme weather events causing business interruption, increased insurance premiums, and potential health and safety incidents.
• Chronic physical risks from long-term climate change increasing operating and maintenance costs.
• Transition risks from tightening climate policies and regulatory requirements leading to higher capital investment and non-compliance costs.

Mitigation Strategies

• Property and public liability insurance to protect against financial loss.
• Operational procedures to protect employees, customers, and assets during extreme weather events.
• Implementation of various mitigation and adaptation measures to address climate-related risks.

Supply Chain Management

Supplier Audits: Yearly audits and risk ratings

Responsible Procurement

• Due diligence in selecting business partners
• Transparent, fair, and open procurement procedures

Climate-Related Risks & Opportunities

Physical Risks

• Increased severity and frequency of extreme weather events
• Increased mean temperature

Transition Risks

• Tightening climate policies and regulatory requirements

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix C2 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

Third-party Assurance: Not disclosed