True Partner Capital Holding Limited
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:20.85 tonnes CO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:10.77 tonnes CO2e/year
Scope 3 Emissions:10.08 tonnes CO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:29.10 MWh/year
Water Consumption:Not disclosed
Waste Generated:0.17 tonnes/year
Carbon Intensity:12.41 tonnes CO2e/billion US$ asset under management
ESG Focus Areas
- Climate change mitigation and adaptation
- Compliance
- Technology/Cybersecurity
- Employee benefits
- Training
- Recruitment
- Whistle-blowing mechanism
- Occupational health and safety
- Waste management
- GHG emissions
Environmental Achievements
- Reduced GHG emissions intensity by approximately 6% from approximately 13.24 tonnes CO2e/billion US$ asset under management in FY2020 to approximately 12.41 tonnes CO2e/billion US$ asset under management in FY2021.
- Reduced non-hazardous waste intensity by approximately 17% from approximately 0.12 tonnes/billion US$ asset under management in FY2020 to approximately 0.10 tonnes/billion US$ asset under management in FY2021.
- Reduced energy consumption intensity by approximately 8% from approximately 18.87 MWh/billion US$ asset under management in FY2020 to approximately 17.32 MWh/billion US$ asset under management in FY2021.
Social Achievements
- Zero reported cases of work-related injuries during FY2021.
- 100% of employees participated in job-related training courses covering compliance, ethics, AML, and cybersecurity.
- Sponsored HK$65,000 to a Hong Kong rugby club and Euro 1,000 worth of T-shirts to a handball club in the Netherlands.
Governance Achievements
- Established a Code of Ethics to ensure ethical and responsible business conduct.
- Implemented an AML Program to comply with AML/CFT obligations.
- Provided anti-corruption training for all Directors and managers.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce other indirect (Scope 3) GHG emissions intensity by at least 20% by FY2025 compared to FY2019.
- Reduce non-hazardous waste intensity by at least 10% by FY2025 compared to FY2020.
Environmental Challenges
- Extreme weather events potentially affecting operations.
- Shrinking customer base if environmentally friendly investment options are not provided.
- More stringent laws and regulations related to climate change increasing operating costs.
Mitigation Strategies
- Comprehensive insurance coverage on assets prone to weather damage.
- Work-from-home capacity and secure access to servers and video conferencing for employees.
- Incorporation of sustainability into investment strategies.
- Engagement of compliance advisors to reduce compliance risks.
- Comprehensive measures to protect the environment, including GHG emission reduction.
Supply Chain Management
Supplier Audits: 12 suppliers evaluated annually
Responsible Procurement
- Selection of outsourced service providers based on assessed liabilities and capacities; annual risk-based review of supplier work product.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events damaging operational facilities and impacting workforce safety.
Transition Risks
- Shrinking customer base due to lack of environmentally friendly investment options; stricter climate change regulations increasing operating costs.
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GEM Listing Rules Appendix 20
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed