Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Awarded the Wastewi$e Label of “Hong Kong Awards for Environmental Excellence” for 3 consecutive years (2013-2015) for energy saving and emission reduction. Green initiatives adopted in office areas including recycling and energy and water saving measures.

Social Achievements

• Received the Caring Company Logo from the Hong Kong Council of Social Services for four consecutive years. Organised regular body examinations and diversified sports and cultural activities for employees.
• Developed Management Methods for Compensation and Welfare, providing employees with benefits such as social insurance, statutory holidays, labour insurance and overtime allowance.

Governance Achievements

• Adopted the Model Code for Securities Transactions by Directors of Listed Issuers.
• Established Audit, Remuneration and Nomination Committees.

Climate Goals & Targets

Environmental Challenges

• Property market downturn in Hong Kong.
• Competitive environment in property investment business.
• Changes in business and organizational structure in 2016.

Mitigation Strategies

• Streamlined workforce and outsourced property management functions.
• Appointed Chief Executive Officer to oversee operations.
• Adjusted internal control and process management measures.
• Engaged PricewaterhouseCoopers for in-depth review on risk management and internal control.

Supply Chain Management

Responsible Procurement

• Centralised purchase by the Company.
• Qualification verification.
• Openness.
• Fair competition.
• Justice.
• Honesty.
• Integrity.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Appendix 27 of the Main Board Listing Rules of the Stock Exchange

Awards & Recognition

• Wastewi$e Label of “Hong Kong Awards for Environmental Excellence” (2013-2015)
• Caring Company Logo from the Hong Kong Council of Social Services (four consecutive years)