Neo Telemedia Limited
Climate Impact & Sustainability Data (2017, 2020)
Reporting Period: 2017
Environmental Metrics
Total Carbon Emissions:7,264 tonnes of CO2 equivalent
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:10,182 MWh
Water Consumption:Not disclosed
Waste Generated:1,400 kg (paper waste)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Upgraded office hardware with more energy-efficient options, such as LED lighting
- Invested in energy-efficient facilities in IDCs, saving over 15% energy in air-conditioning
Social Achievements
- Provided approximately 350 hours of training to employees
- Maintained a diverse workforce with approximately 40% female employees
Governance Achievements
- Separated the roles of Chairman and Chief Executive Officer
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Keen competition in the telecommunication industry, particularly the mobile phone sector
- Risk of concentration in a single business segment (sale of telecommunication products and services)
- Risk of system failure due to disaster in IDCs
- Risk of non-compliance with changing laws and regulations
Mitigation Strategies
- Seeking opportunities in other business fields by acquiring and/or cooperating with other companies
- Investing in emergency power systems for IDCs
- Engaging an external legal advisor to update management on changes in rules and regulations, and providing reimbursable training courses for employees
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- List of approved suppliers reviewed regularly
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Appendix 20 to the GEM Listing Rules
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:22,916 tonnes/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:28,484 MWh/year
Water Consumption:Not disclosed
Waste Generated:450 kg/year
Carbon Intensity:179 tonnes per employee
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Established a company policy over the usage of lighting in the office for raising the awareness of energy conservation among its employees.
- Consistently investing in energy-efficient facilities used in data centres to treasure electricity.
- Encouraging employees to reuse single-side-printed paper and use electronic documents instead of printed documents.
Social Achievements
- Maintained an average monthly employee turnover rate of 2.92% (2019: 3.30%).
- Held team-building activities to strengthen employee bonding.
- Provided approximately 397 hours (2019: 274 hours) of trainings to 33 employees.
Governance Achievements
- Complied with the Code on Corporate Governance Practices, with minor deviations.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- COVID-19 outbreak negatively impacted profitability and revenue from data centre services and trading of telecommunication products.
- Global mobile business environment did not improve, leading to cessation of trading of mobile device business in Hong Kong.
- Fierce competition in the telecommunication market in mainland China.
Mitigation Strategies
- Relocated servers from leased server cabinets to self-developed data centres to increase profitability.
- Scaled down trading business in mainland China to better utilize resources in data centre operations.
- Restructured trading of mobile device business and disposed of Million Ace Limited and its subsidiaries.
Supply Chain Management
Supplier Audits: Annual assessments
Responsible Procurement
- Approved supplier list maintained.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GEM Listing Rules
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed