Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Complied with all applicable environmental laws and regulations in Hong Kong.
• Implemented green office initiatives to reduce waste and conserve electricity.
• Reduced energy consumption through various measures (e.g., setting air conditioners to 25-27 degrees, disabling screen savers).

Social Achievements

• Strictly complied with the Employment Ordinance and relevant legislations in Hong Kong; did not employ child or forced labor.
• Provided mandatory provident fund and other benefits to employees (paid sick leave, maternity leave, etc.).
• Created an anti-discrimination and anti-harassment working environment.
• Provided staff training and development opportunities.
• Maintained a safe and healthy workplace with no work-related injuries or accidents reported.

Governance Achievements

• Reviewed corporate governance practices and confirmed compliance with the Code Provisions of the Corporate Governance Code (with some deviations explained in the 2016 annual report).
• Adopted a whistleblowing policy.
• No reported cases of bribery.

Climate Goals & Targets

Environmental Challenges

• Minimizing environmental impact from predominantly office-based operations.

Mitigation Strategies

• Implementing green office initiatives, energy conservation measures, and waste reduction strategies.

Supply Chain Management

Supplier Audits: Not disclosed

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

Third-party Assurance: Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Attained the basic level of Wastewise Certificate under the Hong Kong Green Organisation Certification (HKGOC)
• Participated in the Green Low Carbon Day organised by the Community Chest
• Reduced GHG emissions from 131.69 tCO2e in 2019 to 121.13 tCO2e in 2020
• Reduced energy consumption from 166,693 kWh in 2019 to 153,324 kWh in 2020
• Reduced water consumption from 214 m3 in 2019 to 195 m3 in 2020

Social Achievements

• Implemented special work arrangements including work-from-home policy and enhanced sanitizing in response to COVID-19
• Provided training courses on prevention of muscle injury
• Organized catering services for lunches during festivals to maintain social distancing and enhance social bonds
• Engaged in “Run for Survival 2020 Virtual Run” organized by Ocean Park Conservation Foundation, Hong Kong
• Maintained compliance with all relevant laws and regulations in Hong Kong regarding employment

Governance Achievements

• Established a whistleblowing policy by the Audit Committee
• Invited guest speakers from ICAC to give a talk on business ethics (anti-corruption training)
• Maintained compliance with all relevant laws and regulations regarding anti-corruption

Climate Goals & Targets

Environmental Challenges

• Potential environmental risks associated with office-based operations
• COVID-19 pandemic impacting workplace operations

Mitigation Strategies

• Reinforcing environmental management efforts and periodic performance reviews
• Implementing special work arrangements (work from home, online meetings, enhanced sanitizing) in response to COVID-19

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Selection of suppliers based on product and service quality, reliability and social responsibility

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

Certifications: Wastewise Certificate (basic level)

Third-party Assurance: Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Achieved the basic level of Wastewi$e Certificate under the HKGOC for waste management.
• Achieved an excellent level of Energywi$e Certificate under the HKGOC for energy saving.
• Replaced 125 fluorescent tubes with 115 LED tubes, reducing GHG emissions and energy consumption.

Social Achievements

• Maintained a 19% employee turnover rate.
• Provided training to 113% of male employees and 103% of female employees (including attrition).
• Zero work-related injuries or deaths for the past three years.
• Implemented a whistleblowing policy.

Governance Achievements

• Zero concluded legal cases regarding corrupt practices.
• Board reviewed and approved the ESG report.

Climate Goals & Targets

Environmental Challenges

• Minimizing environmental and social impacts given the office-based nature of the business.
• Addressing climate change risks and opportunities.

Mitigation Strategies

• Continuous improvement in resource usage efficiency and GHG emission reduction.
• Formulated a Climate Change Policy including long-term carbon emission reduction targets, consideration of climate change in procurement, risk and opportunity assessment, and crisis management plans.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sourcing based on product and service quality, reliability and fulfilment of social responsibility by the supplier.

Climate-Related Risks & Opportunities

Physical Risks

• More frequent extreme weather events

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

Certifications: Energywi$e Certificate (HKGOC), Wastewi$e Certificate (HKGOC)

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

• Attained Energywi$e Certificate with Excellent Level under the Hong Kong Green Organisation Certification (HKGOC)
• Attained Wastewi$e Certificate with good level under the HKGOC
• Attained target of using electric equipment with energy efficiency labels
• Attained target of using water related equipment with Grade 1 efficiency label

Social Achievements

• Maintained a healthy and safe working environment for employees, including work-from-home options and office disinfection.
• Provided training to employees on various topics, including occupational health and safety, and industry trends.
• Offered employees opportunities to participate in community activities and environmental awareness programs.
• Complied with all relevant employment-related laws and regulations in Hong Kong.

Governance Achievements

• Established a whistleblowing policy to address unethical behaviors and corruption.
• Adopted an anti-corruption policy to maintain high standards of integrity.
• Provided over 19.5 hours of training on regulations, anti-corruption, and financial risks for directors and staff.

Climate Goals & Targets

Environmental Challenges

• High employee turnover rate (47% in 2022)
• Minimizing environmental impact despite office-based operations.

Mitigation Strategies

• Regular review and revision of human resource management approach, including appraisal, remuneration, welfare policies and career development.
• Implementation of energy-saving initiatives (setting air conditioning temperature, replacing lighting, purchasing energy-efficient equipment, etc.)
• Waste reduction and recycling initiatives (segregating waste, using recycled resources).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prioritizing suppliers with commitment to ESG responsibilities
• Purchasing environmentally friendly office supplies

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Policy change and regulatory updates

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

Certifications: Energywi$e Certificate (Excellent), Wastewi$e Certificate (Good)

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

• Attained the Excellent Level of Energywi$e Certificate under the Hong Kong Green Organisation Certification (HKGOC)
• Attained the good level of Wastewi$e Certificate under the HKGOC
• Reduced GHG emissions from 86.01 tCO2e in 2022 to 64.05 tCO2e in 2023
• Reduced energy consumption from 121,139 kWh in 2022 to 90,209 kWh in 2023
• Reduced water consumption from 173 m3 in 2022 to 75 m3 in 2023

Social Achievements

• Maintained a strong commitment to employee well-being and safety, with no work-related injuries or deaths for the past three years.
• Provided 50 hours of anti-corruption training for directors and staff.
• Actively participated in various community initiatives, donating approximately HK$1,300 to charities.

Governance Achievements

• Established a whistleblowing policy to address unethical behaviours.
• Adopted an anti-corruption policy to uphold high standards of integrity.
• Complied with all relevant employment-related laws and regulations in Hong Kong.

Climate Goals & Targets

Environmental Challenges

• Minimizing environmental and social impacts given the office-based nature of the business.
• Managing employee turnover (31% in 2023).

Mitigation Strategies

• Continuous improvement in resource usage efficiency and GHG emission reduction through various energy-saving initiatives.
• Regular review and revision of human resources management approach to align with market trends.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prioritising companies that share our values and prioritise environmental and social responsibilities
• Prioritising the procurement of environmentally friendly office supplies (energy-saving labels, LED lights, recycled paper).

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

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: Energywi$e Certificate (Excellent Level), Wastewi$e Certificate (Good Level)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed