Climate Change Data

Environmental Metrics

ESG Focus Areas

• Significant Impacts on environment
• Product Quality and Safety
• Employees’ Health and Workplace Safety
• Intellectual Property Rights

Environmental Achievements

• Reduced GHG emission by 30% by 2025 with 2021 as the baseline year
• Obtained ISO14001 Environmental Management System Certification
• Adopted smart lighting in the stairway of office area to save energy
• Retrofit office equipment to save electricity

Social Achievements

• Established an assessment scheme and review the performance of suppliers each year
• Implemented an Anti-Fraud system to control the risk of corruption
• Provided paid holidays such as annual leave, bereavement leave, maternity and sick leave, as well as subsidies in travelling and studying
• Organized two core trainings: Anti-Corruption Training and Operation Project Safety Training
• Held tree planting activities

Governance Achievements

• Adopted the CG Code as set out in Appendix 14 to the Listing Rules
• Established three Board Committees: audit committee, remuneration committee and nomination committee
• Adopted a board diversity policy
• Maintained appropriate liability insurance for its Directors and senior management

Climate Goals & Targets

Environmental Challenges

• Intense competition in the market
• Higher cost of equipment and materials
• Impact on local communities and environment from construction
• Risks of injuries and deaths for workers working at heights
• Complex environmental problems
• Extreme weather events

Mitigation Strategies

• Adjusted the project price of the hazardous waste incineration solutions
• Improved the design of products in terms of eco-friendliness and efficiency
• Strict regulations on employee safety precautions and monitoring policies
• Continuous research on waste treatment technologies
• Use storm-resistant materials in products
• Strengthen the physical ability of the system to prevent damage from natural disasters
• Further research on incineration technology on using less energy and releasing less pollutant

Supply Chain Management

Supplier Audits: Annual

Responsible Procurement

• ISO9001 Framework

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (floods, tropical cyclones)

Transition Risks

• Increased emission requirements and carbon quotas

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: Appendix 27 of the Listing Rules on the Stock Exchange

Certifications: ISO9001, OHSAS18001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Flue gas cleaning
• Waste heat harvesting

Awards & Recognition

• Not disclosed