TOM Group Limited
Climate Impact & Sustainability Data (2021, 2022, 2023, 2024-01 to 2024-06)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Investing in our People
- Protecting the Environment
- Operating Ethically
- Serving the Community
Environmental Achievements
- GHG emissions declined 3% year on year.
- Energy consumption in offices decreased due to reduced occupancy.
- Published 39% of all book types electronically.
Social Achievements
- Launched over 3,700 hours of annual education and training with more than 1,200 participants in Taiwan.
- Achieved zero report or complaint on bribery, extortion, fraud and money laundering.
- Awarded the 15 Years Plus Caring Company Logo.
Governance Achievements
- Established a new Sustainability Committee under the board.
- Set up the Company’s corporate governance and sustainability-related policies.
- Performed various cyber security risk assessments (including application and information security tests).
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Increase Energy Star Certified servers to 90%, network equipment to 85%, and office computers to 98% by 2025.
- Minimise the usage of virgin plastic by targeting to use a minimum of 80% recycled plastic content in plastic packaging by 2025.
Environmental Challenges
- COVID-19 pandemic impacting operations and employee wellbeing.
- Maintaining energy efficiency in data centers (80% of total energy consumption).
- Minimising the use of virgin plastic in packaging.
Mitigation Strategies
- Enabled remote working, enforced safe distancing measures, provided additional medical support and maintained adequate sanitary supplies.
- Setting 2025 targets to increase Energy Star Certified servers, network equipment, and office computers; sourcing environmentally friendly IT equipment.
- Including recycled plastic content in procurement procedures.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct (covering human rights, employment practices, environmental impact, supplier diversity, conflicts of interest).
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 of Hong Kong Limited)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- E-books
Awards & Recognition
- 15 Years Plus Caring Company Logo
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- The Business
- The People
- The Environment
- The Community
Environmental Achievements
- Increased Energy Star Certified servers, network equipment, and office computers.
- Published 44% of all book types electronically.
- Included recycled plastic content in plastic packaging.
Social Achievements
- Established and conducted an employee engagement survey and organised various follow-up actions.
- Provided over 10,410 hours of training and development for employees.
- Implemented family-friendly initiatives.
Governance Achievements
- Developed a bi-annual Sustainability Governance and Management Assessment Questionnaire.
- Held anti-corruption and anti-bribery training sessions.
- Reviewed and approved sustainability policies and their amendments.
Climate Goals & Targets
- Not disclosed
- Aim at minimising the usage of virgin plastic by targeting to use a minimum of 80% recycled plastic content in plastic packaging by 2025
- Increase Energy Star Certified servers to 90%
- Increase Energy Star Certified network equipment to 85%
- Increase Energy Star Certified office computers to 98%
Environmental Challenges
- Global pandemic presented challenges to business, people, and operations.
- Extreme weather events introduce new economic risks, drive up costs and disrupt supply chains.
Mitigation Strategies
- Implemented hygiene and social distancing protocols and flexible work arrangements.
- Gradually replaced servers, network equipment, computers and other office equipment with energy-efficient ones with Energy Star certification.
- Opted to use plastic packaging with recycled plastic content.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Hong Kong Stock Exchange ESG Reporting Guide
Certifications: ISO 14001 (Chung Hwa Pulp Corporation)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- E-books
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environment
- People
- Business Ethics
- Community
Environmental Achievements
- Achieved a 23% year-on-year Scope 1 emissions reduction.
- On track to achieving 2025 environmental targets.
- Published 49% of all book types electronically.
Social Achievements
- Organized around 9,900 hours of training and development programmes for employees.
- Held health consultations and physical therapy exercise classes to enhance employee health awareness.
- 100% of directors and staff attended anti-corruption training.
Governance Achievements
- Conducted two Sustainability Committee meetings to discuss the development and implementation of sustainability-related matters.
- Received positive feedback from the Sustainability Governance and Management Assessment Questionnaires.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Increase Energy Star Certified servers to 90%
- Increase Energy Star Certified network equipment to 85%
- Increase Energy Star Certified office computers to 98%
- Minimise the usage of virgin plastic by targeting to use a minimum of 80% recycled plastic content in plastic packaging by 2025
Environmental Challenges
- Extreme weather events impacting lives, properties, and the living environment.
- Increased Scope 3 emissions attributable to increased air travel.
Mitigation Strategies
- Sustainable initiatives focused on enhancing the energy efficiency of data centres and equipment.
- Reducing the prevalence of paper publications.
- Minimising the use of virgin plastic in packaging materials.
- Investing in MioTech, an AI platform addressing sustainability challenges.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Hong Kong Stock Exchange ESG Guide
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- E-books
Awards & Recognition
- Outstanding Green Communication Award 2023
Reporting Period: 2024-01 to 2024-06
Environmental Metrics
ESG Focus Areas
- Business
- People
- Environment
- Community
Governance Achievements
- Established a Sustainability Committee
Climate Goals & Targets
Environmental Challenges
- Strong US dollar
- Geopolitical volatility
- Global inflation and interest rates
- Slowdown of business activities associated with elections in Taiwan
Mitigation Strategies
- Achieving efficiencies and optimising costs
- Closely monitoring operating and capital expenses and investments
- Implementing disciplined cash flow and working capital management
- Cost optimisation
- Developing new products and services
Supply Chain Management
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- Good Health and Well-being
- Quality Education
- Gender Equality
- Decent Work and Economic Growth
- Reduced Inequalities
- Sustainable Cities and Communities
- Responsible Consumption and Production
- Climate Action
- Peace, Justice and Strong Institutions
The collaborative approach of the Group supports the United Nations Sustainable Development Goals