Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced CO2 emissions by approximately 1,925 tonnes through rooftop solar photovoltaic panels in Huachun.
• Obtained ISO 14001 certificate on environmental management.
• Jinyuan has over 25,000 square meters of green area within its factory premises.
• Huachun has installed solar panels on its workshop rooftop to supply electricity for workshop lighting.

Social Achievements

• No work-related fatality during the reporting period (compared to 1 in 2017).
• Implemented diversified training programs for employees.
• Complied with relevant labor laws and regulations, with no significant non-compliance incidents.
• Supported the establishment of a labor union by providing office space and funding.

Governance Achievements

• Implemented internal policies and guidelines for anti-bribery and anti-corruption compliance.
• Obtained ISO 9001 certificate on quality control.

Climate Goals & Targets

Environmental Challenges

• High staff turnover rate (39% in 2018).

Mitigation Strategies

• Providing diversified trainings to enhance staff development and retention.

Supply Chain Management

Supplier Audits: Product sample examination, market enquiries, reference seeking and occasional site visits

Responsible Procurement

• Procedures to assess the qualifications of suppliers

Climate-Related Risks & Opportunities

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: ISO 14001, ISO 9001

Third-party Assurance: Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced CO2 emissions by approximately 1,856 tonnes through rooftop solar photovoltaic panels at Huachun.

Social Achievements

• Provided diversified trainings (orientation, management, technical, pre-job) to employees.
• Complied with labor laws and regulations, with no significant non-compliance incidents.

Governance Achievements

• Implemented internal policies and guidelines for anti-bribery and anti-corruption compliance.

Climate Goals & Targets

Environmental Challenges

• High staff turnover rate (49% in 2019).

Mitigation Strategies

• Providing diversified trainings to enhance staff development and retention.

Supply Chain Management

Supplier Audits: Product sample examination, market enquiries, reference seeking and occasional site visits

Responsible Procurement

• assessment procedures to assess the qualifications of suppliers

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: ISO 14001 (Environmental Management), ISO 9001 (Quality Control)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employee Well-being
• Community Development
• Compliance
• Supply Chain Management
• Product Quality
• Anti-corruption

Environmental Achievements

• Reduced CO2 emissions by approximately 6,364 tonnes through rooftop solar photovoltaic panels (7,954,597 kWh generated)
• Implemented environmental standards and procedures, such as recycling of loosened cotton/polyester tufts
• Obtained ISO 14001 certificate on environmental management
• Jinyuan has over 25,000 square meters of green area within its factory premises
• Jinyuan and Huachun installed solar panels on workshop rooftops

Social Achievements

• No work-related fatality and approximately 460 lost days due to work injury
• Provided diversified trainings (orientation, management, technical, pre-job) to employees
• Complied with relevant labor laws and regulations, with no non-compliance incidents
• Established safety procedures and policies to ensure a safe working environment
• Supported the establishment of a labor union by providing office space and funding

Governance Achievements

• Implemented internal policies and guidelines for anti-bribery and anti-corruption compliance
• No bribery or corruption cases during the reporting period
• Obtained ISO 9001 certificate on quality control

Climate Goals & Targets

Environmental Challenges

• Potential impact of climate change (extreme weather affecting business)
• Potential impact of stricter environmental regulations
• Maintaining a balance between business goals and ESG priorities

Mitigation Strategies

• Adoption of energy-efficient and environmentally friendly production methods
• Constant identification and analysis of climate-related risks and opportunities
• Strict compliance with environmental protection requirements

Supply Chain Management

Supplier Audits: Product sample examination, reference checking, occasional site visits, and market intelligence collection

Responsible Procurement

• Assessment procedures to ensure supplier eligibility

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons, rainstorms, and flooding

Transition Risks

• Stricter environmental regulations and emission control laws

Opportunities

• Adoption of energy-efficient technologies

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix C2 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

Certifications: ISO 14001, ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed