Climate Change Data

Environmental Metrics

ESG Focus Areas

• Product Safety
• Profitability enhancement
• Regulatory Compliance
• Supply Chain Management
• Employee welfare
• Employee development
• Community investment
• Use of resources
• Anti-corruption
• Green House Gas emissions

Environmental Achievements

• Complied with environmental regulations; implemented green office initiatives to promote resource conservation.

Social Achievements

• Improved staff benefits to enhance competitiveness in the human resources market; organized team building activities.

Governance Achievements

• Established three Board Committees (Audit, Remuneration, and Nomination); maintained robust corporate governance practices; complied with GEM Listing Rules.

Climate Goals & Targets

Environmental Challenges

• Difficulties in recruiting employees due to the overall labour market environment in Hong Kong.

Mitigation Strategies

• Implemented a series of measures to improve staff benefits and working environment.

Supply Chain Management

Supplier Audits: Continuous assessment on suppliers’ performance, pricing competitiveness and compliance status.

Responsible Procurement

• Procurement from approved vendors only; supplier selection based on track record, pricing, quality, reputation, delivery, financial conditions, and after-sales services.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GEM Listing Rules ESG Guide

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Ms. Wong bestowed with the “GBA Outstanding Women Entrepreneur Awards 2018”

Environmental Metrics

ESG Focus Areas

• Product safety
• Employee welfare
• Profitability enhancement
• Anti-corruption
• Regulatory compliance
• Greenhouse gas emissions
• Supply chain management
• Community investment
• Use of resources
• Employee development

Environmental Achievements

• Total GHG emissions decreased by approximately 20.3% from approximately 69 tCO2e in FY2019 to approximately 55 tCO2e in FY2020. This is due to the decrease of travelling frequency by vehicles and the reduction of paper consumption from our waste management practices.

Social Achievements

• Organised several team building gatherings to foster team spirit, strengthen interdepartmental communication and enhance work efficiency.
• Employees had a total of approximately 368 hours of training.

Governance Achievements

• Established the Audit Committee, Remuneration Committee, and Nomination Committee.
• Implemented Anti-bribery Guidelines and Anti-fraud Policy.
• Implemented Whistle-blowing Policy.

Climate Goals & Targets

Environmental Challenges

• Hong Kong’s economy was significantly affected by the social atmosphere. As a result of the continuous social incidents in Hong Kong, together with the effect of depreciation of Renminbi and the COVID-19 outbreak, the number of visitor arrivals from Mainland China to Hong Kong had greatly reduced. The threat of China-US trade war further deteriorated the consumer sentiment.

Mitigation Strategies

• Expand the product portfolio and enhance the customer services to enhance our one-stop medical device solutions services.

Supply Chain Management

Responsible Procurement

• All suppliers and business partners are evaluated carefully and are subjected to regular monitoring and assessment.

Climate-Related Risks & Opportunities

Reporting Standards

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

Awards & Recognition

• Junzi Corporation Award 2019
• ListCo Excellence Awards 2019

Environmental Metrics

ESG Focus Areas

• Product safety
• Employee welfare
• Profitability enhancement
• Anti-corruption
• Regulatory compliance
• Greenhouse gas emissions
• Supply chain management
• Community investment
• Use of resources
• Employee development

Environmental Achievements

• Total GHG emissions decreased by approximately 18.2% from approximately 55 tCO2e in FY2020 to approximately 45 tCO2e in FY2021. This is due to the decreases in vehicle usage and electricity consumption at premises as a result of reduction of face-to-face business meetings and work from home arrangement in light of the novel coronavirus pandemic (“COVID-19”).
• Total amount of paper consumed by the Group decreased by approximately 11.5% from approximately 836 kg in FY2020 to approximately 740 kg in FY2021, and its intensity was maintained at approximately 0.01 kg per thousand revenue in FY2021 and FY2020.
• During the Reporting Period, the Group participated a waste paper recycling collection campaign and recycled approximately 1,470 kg of used paper stored at office for years.
• Group’s energy consumption has decreased by approximately 9.3% from approximately 146,139 kWh in FY2020 to approximately 132,563 kWh in FY2021. This is due to the decreases in vehicle usage and electricity consumption at premises as a result of reduction of face-to-face business meetings and work from home arrangement in light of the COVID-19 pandemic.

Social Achievements

• The Group has formulated policies in determining the working hours and rest periods for employees following local employment laws.
• The Group regularly carries its staff evaluation to assess their performance.
• In addition, the Group has formulated policies in determining the working hours and rest periods for employees following local employment laws.
• The Group’s employees had attained a total of approximately 268 hours of trainings. Training activities included but were not limited to safety regulations, performance management, business ethics and equipment and consumable trainings provided by suppliers.
• The Group has strengthened the sanitation of its operations to ensure a healthy and safe working environment. In addition, the Group has provided its employees with disinfection supplies like surgical masks, protective gowns and protective glasses subjected to their needs.
• In order to strengthen the awareness of anti-corruption and business ethics, the Group has arranged a six-hour training session to our employees during the Reporting Period.

Governance Achievements

• The Group has established the Anti-bribery Guidelines to forbid the employees to solicit or accept an advantage in connection with his or her employment without permission of director, or make any payment or offer of payment or advantage that he or she knows with reasonable certainty will be given to any related parties to comply with the relevant laws and regulations.
• The Group has also established the Anti-fraud Policy to detect and prevent fraud within the Group.
• The Group has also implemented the Whistle-blowing Policy which allows all employees as well as independent third parties (e.g. customers, suppliers, contractors, etc.) who deal with the Group to report any possible improprieties, misconducts, malpractices or irregularities in matters of financial reporting, internal control or other matters to the Board or the Audit Committee anonymously.

Climate Goals & Targets

Environmental Challenges

• Hong Kong’s economy was significantly affected by the COVID-19 outbreak, the number of visitor to Hong Kong had greatly reduced. The spending plans of our customers have been disrupted or postponed by the outbreak of COVID-19.

Mitigation Strategies

• The Group will further expand the product portfolio and enhance the customer services to enhance our one-stop medical device solutions services.

Supply Chain Management

Responsible Procurement

• All suppliers and business partners are evaluated carefully and are subjected to regular monitoring and assessment.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG Reporting Guide

Awards & Recognition

• The ListCo Excellence Awards 2020 from PR Asia and am730
• Social Capital Builder Award 2020–2022 from Labour & Welfare Bureau and Community Investment & Inclusion Fund
• Greater Bay Area Corporate Sustainability Awards 2020 from Metro Finance FM104 and HK Quality Assurance Agency
• Caring Company 2020–2021 from the Hong Kong Council of Social Service

Environmental Metrics

ESG Focus Areas

• Greenhouse Gas Emissions
• Waste Management
• Use of Resources
• Climate Change
• Employment
• Health and Safety
• Development and Training
• Child and Forced Labour Prevention
• Supply Chain Management
• Product Responsibility
• Customer Privacy Protection
• Intellectual Property Rights
• Advertising and Labelling
• Anti-corruption
• Community Investment
• Regulatory Compliance

Environmental Achievements

• Total energy consumption intensity decreased by approximately 2.07% year-on-year.

Social Achievements

• No lost days due to work injury.
• No work-related fatalities occurred between 1 April 2020 and 31 March 2023.
• Approximately 40% of middle and senior management are female.

Governance Achievements

• Established a whistleblowing policy.
• Adopted an anti-corruption policy.
• Provided anti-corruption training for Directors and staff.

Climate Goals & Targets

Environmental Challenges

• Increasing frequency and severity of extreme weather events could lead to increased risk of power shortages, supply chain interruptions, and asset damage.
• Governments are enacting climate-related legislation or tightening regulations, which may result in increased compliance costs.
• Changes in customers’ preferences and demand and market trend could result in inventories on hand no longer being sold or being sold at a discount below their cost.

Mitigation Strategies

• Formulated contingency arrangements to reduce or avoid losses when extreme weather events affect the Group’s supply chain and/or operating sites.
• Regularly monitor existing and emerging climate-related trends, policies and regulations.
• Set targets to reduce energy consumption and GHG emissions.
• Regular review to identify obsolete or expired inventories which require write-down or write-off.
• Management carries out inventory review at the end of the reporting period and makes allowance for slow moving and obsolete items.

Supply Chain Management

Supplier Audits: 53 suppliers audited

Responsible Procurement

• Prioritising procurement from local suppliers
• Purchasing goods and services that have less impact on the environment

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Climate-related legislation and regulations

Reporting Standards

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

Awards & Recognition

• GBA Outstanding Women Entrepreneur Awards 2018
• Junzi Corporation Award
• Chinese Role Model • 2019 Outstanding Women
• Caring Company 2022/2023
• HKSAR 25th Anniversary Enterprise Outstanding Contribution Awards Health Industry
• Social Capital Builder Logo Award 2022-2024

Environmental Metrics

ESG Focus Areas

• Greenhouse Gas Emissions
• Waste Management
• Use of Resources
• Climate Change
• Employment
• Health and Safety
• Development and Training
• Child and Forced Labour Prevention
• Supply Chain Management
• Product Responsibility
• Customer Privacy Protection
• Intellectual Property Rights
• Advertising and Labelling
• Anti-corruption
• Community Investment
• Regulatory Compliance

Environmental Achievements

• Reduced total GHG emissions intensity by approximately 12% year-on-year to approximately 0.72 tCO2e per revenue in million.

Social Achievements

• Recorded no lost days due to work injury.
• No work-related fatalities occurred between 1 April 2021 and 31 March 2024.
• Approximately 40% of middle management are female.

Governance Achievements

• Provided anti-corruption training for Directors and staff (4 hours and 38 hours respectively).

Climate Goals & Targets

Environmental Challenges

• Increasing frequency and severity of extreme weather events could lead to increased risk of power shortages, supply chain interruptions, and asset damage.
• Government enactment of climate-related legislation or tightening regulations may result in increased compliance costs.
• High employee turnover rate (approximately 32.2%).

Mitigation Strategies

• Formulated contingency arrangements to reduce losses from extreme weather events.
• Regularly monitor existing and emerging climate-related trends, policies, and regulations.
• Competitive remuneration packages, various fringe benefits, and regular review of employee remuneration packages.

Supply Chain Management

Supplier Audits: 53 suppliers met the standard in the Group’s regular supplier performance evaluation or compiled with the Group’s Purchasing Policy.

Responsible Procurement

• Prioritising procurement from local suppliers; Purchasing goods and services that have less impact on the environment; Terminating contracts with suppliers committing material violations of laws and regulations.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (extreme cold or extreme heat, storms, rainstorms and typhoons) could lead to power shortages, supply chain interruptions, and asset damage.

Transition Risks

• Climate-related legislation or tightening regulations may result in increased compliance costs.

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Appendix C2 to the Rules Governing the Listing of Securities on GEM of 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

• New Economy Corporate Outstanding Award of the Standard Chartered Corporate Achievement Awards; Caring Company award by Hong Kong Council of Social Service