Climate Change Data

MediNet Group Limited

Climate Impact & Sustainability Data (2016-04 to 2017-03, 2022-04 to 2023-03, 2023-04 to 2024-03)

Reporting Period: 2016-04 to 2017-03

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Implemented electricity and water saving initiatives
  • Engaged a qualified waste disposal and recycling company for hazardous waste
  • Established an internal policy for safe disposal of hazardous substances and waste
  • Encouraged employees to work in a paperless environment
  • Encouraged customers to minimize the usage of plastic bags

Social Achievements

  • Provided competitive remuneration packages and career development opportunities
  • Complied with relevant employment laws and regulations
  • Maintained a safe working environment with no fatalities and only 1 work injury case with no lost days
  • Offered a wide range of training courses and development support
  • Complied with local labour laws and regulations
  • Implemented a strict supply chain management system
  • Complied with various regulations related to health and safety, advertising, labelling, and privacy
  • Implemented procedures for handling customer complaints
  • Complied with anti-corruption laws and regulations
  • Provided financial sponsorship for training courses and free health care seminars

Governance Achievements

  • Implemented whistle-blowing procedures
  • Provided regular training on anti-corruption and whistle-blowing
  • Complied with the Personal Data (Privacy) Ordinance

Climate Goals & Targets

Environmental Challenges

  • Increased demand for higher standards of waste treatment from regulators
  • Managing environmental and social risks in the supply chain
Mitigation Strategies
  • Allocating resources to diminish and recycle waste
  • Regular assessments on environmental and social risks’ management of suppliers
  • Developed a “New supplier and subcontractor evaluation procedure”

Supply Chain Management

Responsible Procurement
  • Regular assessments on environmental and social risks
  • Developed a “New supplier and subcontractor evaluation procedure”
  • Purchase and payment policy and procedure
  • Purchasing control procedure
  • Equipment management procedure

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Hong Kong Stock Exchange’s ESG Reporting Guide

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:107.78 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:101.76 tCO2e/year
Scope 3 Emissions:6.02 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:194,430.39 kWh/year
Water Consumption:700.62 m3/year
Waste Generated:646 kg/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Greenhouse gas emissions intensity slightly decreased compared to the previous reporting period.
  • Clinical waste reduced from 1,044 kg to 646 kg.
  • Non-hazardous waste intensity slightly decreased due to paper saving efforts.

Social Achievements

  • No work-related fatalities or lost days due to work injury reported over the last 3 reporting periods.
  • Implemented Pandemic Prevention Memo to ensure employee safety during COVID-19 pandemic.
  • Provided various training courses and development support to employees.

Governance Achievements

  • Established a "Whistle-blowing Procedures" to encourage reporting of non-compliance.
  • Complied with all relevant laws and regulations relating to bribery, extortion, fraud, and money laundering.
  • No material medical disputes or product- and service-related complaints received.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Maintain total greenhouse gas emission intensities at/below 0.060 tonnes of CO2e per square meter.
  • Maintain the intensity of total hazardous waste produced at/below 80 kilograms per Medical Centre/Dental Clinic/DNA Genetics Laboratory.
  • Maintain the intensity of total electricity consumption at/below 110.00 kWh per square meter.
  • Maintain the intensity of total water consumption at/below 0.40 cubic meters per square meter.

Environmental Challenges

  • Potential climate-related risks (transition risks from policy and legal changes, technology, and physical risks from extreme weather and chronic temperature changes).
Mitigation Strategies
  • Regularly monitor regulatory environment and adhere to emission-reduction measures.
  • Keep abreast of latest clinical technologies and energy-efficient equipment.
  • Maintain a large supplier base and set up safety measures and contingency plans for extreme climate events.
  • Strengthen environmental awareness among employees to ensure adherence to energy conservation measures.

Supply Chain Management

Supplier Audits: 141 suppliers in 2023, 150 in 2022

Responsible Procurement
  • New Supplier and Subcontractor Evaluation Procedure
  • Purchasing Control Procedure
  • Equipment Management Procedure

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather conditions (flooding, storms)
  • Increased operating costs due to changing temperatures
Transition Risks
  • Increased compliance costs from new climate-related regulations
  • Transition costs to more energy-efficient equipment
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 20 to the GEM Listing Rules on the HKEX)

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: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:89.59 tCO2e/year
Scope 1 Emissions:5.69 tCO2e/year
Scope 2 Emissions:79.58 tCO2e/year
Scope 3 Emissions:4.32 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:171,972.25 kWh/year
Water Consumption:151.49 m3/year
Waste Generated:0.555 tons/year (clinical waste)
Carbon Intensity:0.05 tonnes of CO2e per square meter

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced greenhouse gas emissions from 107.78 tonnes of CO2e to 89.59 tonnes of CO2e.
  • Reduced hazardous waste intensity from 0.0004 tonnes per square meter to 0.0003 tonnes per square meter.
  • Reduced non-hazardous waste (paper consumption) from 1.25 tonnes to 0.90 tonnes.

Social Achievements

  • No work-related fatalities or lost days due to work injury reported over the last 3 reporting periods.
  • 46% of employees received training.
  • Donated HK$24,000 to various NGOs.

Governance Achievements

  • Established "Whistle-blowing Procedures" to encourage reporting of non-compliance.
  • Complied with all relevant laws and regulations relating to bribery, extortion, fraud, and money laundering.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Maintain total greenhouse gas emission intensity at/below 0.06 tonnes of CO2e per square meter.
  • Maintain the intensity of total hazardous waste produced at/below 0.0004 tonnes of clinical waste per square meter.
  • Maintain the intensity of total electricity consumption at/below 110.00 kWh per square meter.
  • Maintain the intensity of total water consumption at/below 0.40 cubic meters per square meter.
  • Maintain the intensity of total non-hazardous waste produced at/below 0.0007 tonnes per square meter.

Environmental Challenges

  • Potential physical risks from climate change (extreme weather disrupting operations and supply chains).
  • Transition risks from climate change (increased compliance costs and technology transition costs).
Mitigation Strategies
  • Regularly monitor regulatory environment and adhere to emission-reduction measures.
  • Maintain a large supplier base and set up safety measures and contingency plans for extreme climate events.
  • Keep abreast of latest developments in clinical technologies and energy-efficient equipment.
  • Strengthen environmental awareness among employees.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Established a “New Supplier and Subcontractor Evaluation Procedure” to evaluate all its new suppliers.
  • Assesses potential suppliers based on quality, quantity, delivery time, source of products, compliance, price, and reputation.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather conditions (flooding and storms) disrupting supply chains, daily operations, and causing property and revenue losses.
  • Increased operating costs related to cooling and heating due to changing temperatures.
Transition Risks
  • Increased compliance costs and potential disruption related to new climate-related regulations.
  • Transition costs to more energy-efficient clinical equipment and technologies.
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix C2 to the GEM Listing Rules 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

  • Not disclosed

Awards & Recognition

  • Not disclosed