Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced total net GHG emissions from 87.15 tCO2-e to 48.78 tCO2-e, a 44.03% decrease. Reduced emission intensity from 0.16 tCO2-e/m2 to 0.06 tCO2-e/m2, a 62.50% decrease.
• Reduced paper waste from 9.20 tonnes to 2.41 tonnes.

Social Achievements

• No work-related injuries reported.
• No incidences of work stoppages, labour disputes, or litigation.
• Implemented employee training and development programs.

Governance Achievements

• Complied with relevant environmental protection laws and regulations.
• Implemented anti-corruption and anti-fraud policies and procedures.
• Established a whistle-blowing procedure.

Climate Goals & Targets

Environmental Challenges

• Meeting all applicable legal and regulatory requirements on ESG matters.
• Communicating environmental consciousness to suppliers and customers.
• Developing sustainably in a competitive industry with high labor costs.

Mitigation Strategies

• Implementing energy-saving practices (energy-saving lighting, switching off idle equipment, monitoring water consumption, using digital technology and recycled paper, encouraging public transport, using tele/video conferencing).
• Monitoring paper reuse and recycling efficiency.
• Periodically reviewing and updating the approved supplier list.
• Conducting on-site audits of manufacturers.

Supply Chain Management

Supplier Audits: Periodic reviews and on-site audits

Responsible Procurement

• Manufacturers and suppliers are selected based upon rational and clear criteria to ensure quality compliance and timely delivery.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GEM Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (Appendix 20 ESG Guide)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon emission intensity from 0.160 tCO2-e/m2 in 2018 to 0.078 tCO2-e/m2 in 2020, despite a year-over-year increase of 29.26% in total emissions.
• Implemented energy conservation practices including energy-saving lighting, switching off idle equipment, monitoring water consumption, using digital technology and recycled paper, encouraging public transport, and using video conferencing.

Social Achievements

• Maintained a safe working environment with zero work injury cases and fatalities.
• Provided 149.5 total training hours (3.0 average per employee) in 2020, up from 63.5 hours (1.3 average per employee) in 2019.
• Donated garment samples and usable clothing products to The Salvation Army.

Governance Achievements

• Complied with all material aspects of applicable environmental protection laws and regulations.
• Complied with applicable laws and regulations relating to employment, child and forced labour practices.
• Implemented stringent infection preventive measures to protect employees during the COVID-19 pandemic.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting customer orders and industry outlook.
• Balancing eco-consciousness with product lifecycle management from raw materials to logistics.

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Documented procedures, due diligence check, criteria including product range, quality assurance, pricing, production facilities, labour laws compliance, and financial standing.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GEM Listing Rules Appendix 20 (ESG Guide)

Certifications: Null

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
• Social
• Governance

Environmental Achievements

• Reduced carbon emission intensity by 88.5% year-over-year (0.009 tCO2-e/m2 in 2021 vs 0.078 tCO2-e/m2 in 2020).
• Reduced paper waste GHG emissions from 22.90 tCO2-e in 2020 to 6.85 tCO2-e in 2021.

Social Achievements

• Implemented stringent infection preventive measures to protect employees during the COVID-19 pandemic.
• Provided educational grant and encouraged training through job induction, job rotation, on-the-job training and secondment.

Governance Achievements

• Strict compliance with the Prevention of Bribery Ordinance (Chapter 201 of the Laws of Hong Kong).
• Established a response mechanism for COVID-19 infection scenarios to minimize impact on employees and the public.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic affected charitable donation arrangements.
• Increasing concerns towards resources deprivation and environmental degradation surrounding the apparel industry.

Mitigation Strategies

• Exploring other opportunities in giving back to the community.
• Working with employees, customers and manufacturers to be eco-conscious throughout the product lifecycle.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Stringent procurement policy ensuring goods and services are procured in an honest, competitive, fair, and ethical manner.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Guide (Appendix 20 of 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

Environmental Metrics

ESG Focus Areas

• Supply chain management
• Employee health and safety
• Regulatory compliance

Environmental Achievements

• Reduced total GHG emissions to 39.78 tCO2-e in 2022 from 37.79 tCO2-e in 2021 (mainly due to energy conservation practices like energy-efficient lighting, switching off idle equipment, and using digital technology)
• Reduced paper consumption through duplex printing, use of recycled paper, and electronic technology
• No hazardous waste generated during the reporting period

Social Achievements

• Compliance with Employment Ordinance and Minimum Wage Ordinance
• Implementation of stringent infection preventive measures during the COVID-19 pandemic
• Provided training hours averaging 2.3 hours per employee

Governance Achievements

• Compliance with Prevention of Bribery Ordinance
• Implementation of anti-corruption policy and whistle-blowing procedures
• Strict adherence to intellectual property rights regulations

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic disrupting global supply chain
• Increasing concerns towards resources deprivation and environmental degradation in the textile-garment industry

Mitigation Strategies

• Stringent infection preventive measures during COVID-19 pandemic (work from home, online meetings)
• Working with employees, customers, and suppliers to be eco-conscious throughout the product lifecycle

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Stringent procurement policy ensuring honest, competitive, fair, and ethical procurement

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GEM Listing Rules Appendix 20 (ESG Reporting Guide)

Certifications: GOTS (Global Organic Textile Standard), OCS (Organic Content Standard)

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

• Climate change
• Environmental protection
• Social responsibility
• Ethical business practices
• Sustainable supply chain

Environmental Achievements

• Reduced total net GHG emissions by approximately 8.7% year-over-year to 36.31 tonnes of carbon dioxide equivalent (tCO2-e)

Social Achievements

• Maintained a safe working environment with zero work injury cases during the reporting period.
• Provided 163.3 total training hours (3.7 average per employee).

Governance Achievements

• Maintained compliance with all applicable laws and regulations related to employment, child and forced labor practices.
• Implemented a code of conduct for ethical business practices and conflict of interest disclosure.

Climate Goals & Targets

Environmental Challenges

• Climate-related hazards (extreme weather events, sea level rise, policy changes)
• COVID-19 pandemic impacting operations and employee safety

Mitigation Strategies

• Comprehensive assessments to identify and mitigate climate-related risks.
• Stringent infection prevention protocols (masks, sanitizers, remote work) during the COVID-19 pandemic.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Stringent procurement policy ensuring honest, competitive, fair, and ethical procurement

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Sea level rise

Transition Risks

• Policy changes related to climate mitigation and adaptation

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GEM Listing Rules Appendix 20 (ESG Reporting Guide)

Certifications: GOTS (Global Organic Textile Standard), OCS (Organic Content Standard)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Garments with GOTS and OCS certifications

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Sustainability
• Social Responsibility
• Ethical Labor Practices
• Supply Chain Transparency
• Community Investment

Environmental Achievements

• Implemented energy-efficient technologies and environmentally sustainable materials to minimize pollution and waste.
• Reduced paper consumption through duplex printing, recycled paper, and digital solutions.
• Replaced one vehicle with an electric vehicle (EV).

Social Achievements

• Maintained a safe working environment with zero work injury cases and fatalities.
• Provided 121 training hours (average 2.8 hours per employee).
• Donated computers and equipment to Caritas Computer Workshop.

Governance Achievements

• Established a stringent procurement policy ensuring ethical and fair procurement.
• Implemented a code of conduct for ethical business practices and compliance with anti-corruption laws.
• Actively encouraged whistleblowing through confidential reporting channels.

Climate Goals & Targets

Environmental Challenges

• Increased GHG emissions due to enlarged office space leading to higher electricity consumption.
• Managing climate-related risks such as extreme weather events and supply chain disruptions.
• Maintaining a highly skilled workforce while managing employee turnover.

Mitigation Strategies

• Implementing energy conservation practices (energy-efficient lighting, reduced water consumption, digital technology, public transport, teleconferencing).
• Developing risk management strategies including GHG emission reduction, supply chain diversification, stakeholder engagement, and integrating climate risk into decision-making.
• Implementing strategies to manage turnover such as enhancing employee engagement, providing training, offering competitive compensation, and fostering communication.

Supply Chain Management

Supplier Audits: Periodic review and update of approved suppliers list (146 suppliers in 2024)

Responsible Procurement

• Stringent procurement policy ensuring honest, competitive, fair, and ethical procurement.
• Responsible sourcing of resources and materials.
• Effective waste management.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Sea-level rise

Transition Risks

• Policy changes related to climate mitigation and adaptation

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GEM Listing Rules Appendix 20 (ESG Reporting Guide)

Certifications: Global Recycled Standard (GRS)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed