Climate Change Data

Thing On Enterprise Limited 晉安實業有限公司

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:35.59 tCO2e/year (Scope 2)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:35.59 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:50,125.00 kWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:0.06 tonnes CO2-e/m2 floor area (2021)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Educated employees on energy efficiency, leading to reduced greenhouse gas emissions (Scope 2 only): 35.59 tonnes CO2-e in 2021 (41.44 tonnes CO2-e in 2020)
  • Cultivated a paperless working environment to minimize paper consumption

Social Achievements

  • Provided medical benefits to employees after probation completion
  • Conducted annual staff surveys to gather employee feedback and address concerns
  • Held quarterly team briefings to enhance communication
  • Established a whistle-blowing policy to encourage reporting of violations
  • Provided regular training on regulatory updates and best practices (9 hours per employee in 2021)

Governance Achievements

  • Adopted the code provisions set out in the Corporate Governance Code (CG Code)
  • Established a Nomination Committee, Remuneration Committee, and Audit Committee with written terms of reference
  • Maintained compliance with all relevant provisions set out in the CG Code

Climate Goals & Targets

Environmental Challenges

  • Slight decrease in revenue due to rent concessions granted to tenants reflecting the continuous impact of the COVID-19 outbreak and vacancies of some properties
  • Fluctuations in the appraised fair value of investment properties
  • Dependence on rental income from investment properties
  • Susceptibility to unexpected epidemics
  • Economic conditions in Hong Kong
Mitigation Strategies
  • Closely monitoring the global economic situation and making relevant rental policy adjustments
  • Mindful approach when evaluating potential investment opportunities
  • Seeking quality properties in Hong Kong, Mainland China, and other international cities
  • Exploring investment opportunities in the financial sector
  • Arranging appropriate strategic adjustments to the Group’s assets portfolio

Supply Chain Management

Supplier Audits: Thorough screening procedures performed on each vendor

Responsible Procurement
  • Selection of vendors based on experience, performance, reliability, financial status, and environmental considerations

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Appendix 27 to the Listing Rules

Third-party Assurance: Not disclosed