Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Established comprehensive Group environmental and community engagement policies.
• Implemented the Supplier’s Code of Conduct.
• Introduced a Waste Management Plan for Hong Kong metro lines.
• Designed and installed energy-efficient dismountable LED advertisements (WrapLED) reducing power consumption.
• Made advertising spaces available for environmental organizations (e.g., WWF Earth Hour).

Social Achievements

• Launched the ‘Thunder Project’ Training program in Mainland China offices.
• Implemented a set of comprehensive safety guidelines for outdoor advertising fixtures.
• Launched the “Moon-Click Donation for Charity” campaign, donating over HKD20,000 to Helping Hand.
• Participated in the Go Fun Fearless Dragon Charity Run and Homeless World Cup Fundraising Tournament.
• Worked with Po Leung Kuk Life Planning & Financial Education Centre (LPFEC) on the Picturing the Kid’s Future campaign.

Governance Achievements

• Established a formal “Whistleblowing Policy”.

Climate Goals & Targets

Environmental Challenges

• Greenhouse gas emissions from company vehicles and business travel.
• Managing waste from advertising materials.

Mitigation Strategies

• Exploring video conferencing feasibility.
• Offsetting emissions through tree planting.
• Encouraging energy-saving advertising fixtures.
• Implementing a Waste Management Plan with recycling protocols.
• Reducing paper usage in offices through email and online resource management (ESS).

Supply Chain Management

Responsible Procurement

• Supplier’s Code of Conduct requiring compliance with environmental regulations, waste management, carbon emission reduction, labor standards, anti-corruption measures, and health and safety policies.

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)

Sustainable Products & Innovation

• WrapLED dismountable LED advertisements

Awards & Recognition

• Caring Company Certificate issued by the Hong Kong Council of Social Service (HKCSS)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced 8% of all printed advertising materials with efficient implementation of Waste Management Plan and creative business model
• Diverted 100% of waste printed advertising materials from landfill through the effort of cooperating with appropriate collectors for recycling and reprocessing
• Upgraded and replaced 364 pieces of advertising panels with LED lighting
• Saved 17.6% of electricity by encouraging employees in practicing energy saving habits in the offices
• Made advertising spaces available for free or affordable for environmental organisations to raise awareness about social and environmental issues

Social Achievements

• Developed creative digital platform MOONSHAKE Donation for Charity which encouraged business partners to donate to support the elderly in need. In 2017, the Group donated HKD21,486 to charity
• Continued engaging Po Leung Kuk on promoting green messages via “Environmental Moonlight Lantern Workshop” and other intriguing activities with primary school students in Tsuen Wan District.
• Provided 6,972 training hours for 3,634 employees

Governance Achievements

• Formed a Green Committee

Climate Goals & Targets

Environmental Challenges

• Data on electricity usage for some offices and advertising media was not available due to inclusion in management and rental fees
• Data on water consumption in offices was not available due to inclusion in management fees
• Data consolidation on waste paper generated from production in all operations was not available

Mitigation Strategies

• The Group will work on the data consolidation on waste paper generated from production in all operations and shall disclose in the next reporting period.
• The Group continues to explore feasibility of video conferencing to enable video conferencing and presentation materials sharing among various parties to allow staff to communicate with internal and external parties in different geographical locations.

Supply Chain Management

Supplier Audits: Quarterly evaluation of suppliers and subcontractors on product and service quality

Responsible Procurement

• Code of Conduct for suppliers and subcontractors covering environmental and social performance

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: HKEx ESG Reporting Guide

Certifications: GB/T19001-2008/ISO9001:2008 (Shanghai office, publishing related services), GREENGUARD Gold Certification (some inks used in Hong Kong)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Dismountable LED solution (WrapLED)

Awards & Recognition

• Certificate of Merit in the field of Media and Communication at the 2016 Hong Kong Awards for Environmental Excellence
• Named the “Hong Kong Green Organization” under the Hong Kong Green Organization Certification (HKFOC)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Maintained 100% diversion of waste printed advertising materials from landfill through recycling and reprocessing.
• Upgraded and replaced 845 advertising panels with LED lighting.
• Replaced existing floodlights (1000W) with LED ones (320W).
• Made advertising spaces available for free or at affordable rates for environmental organizations.

Social Achievements

• Established ‘Thunder Project’ training program in Mainland China offices to improve sales representatives' skills and knowledge.
• Provided 10,597 training hours (non-online) for 4,103 employees.
• Developed an online learning platform with access for 4,400 employees.
• Supported community engagement works with over HKD150,000 sponsorship for 141 employees.
• Partnered with various non-profit organizations on community initiatives (meals donation, environmental education).

Governance Achievements

• Established a formal “Whistleblowing Policy” to encourage employees to report suspected illegal activities.

Climate Goals & Targets

Environmental Challenges

• 11% increase in non-hazardous waste generation due to business expansion in Tianjin and Zhuhai.
• Data unavailability for some electricity and water usage due to inclusion in management and rental fees.

Mitigation Strategies

• Renewed all operation vehicles to meet European emission standards (EURO 5 & 6) and encouraged public transport use.
• Adopted video conferencing software to reduce business air travel emissions.
• Implemented Waste Management Plan in Hong Kong for handling advertising wastes.
• Applied transparent protective films on some permanent lightbox advertisements to prolong shelf life and reduce reprints.
• Replaced traditional paper-based displays with programmed LED displays in selected locations.
• Adopted intranet for e-documents to reduce paper usage.
• Installed water filters in offices to reduce plastic water bottle use.

Supply Chain Management

Supplier Audits: Quarterly evaluation of suppliers and subcontractors on product and service quality

Responsible Procurement

• Code of Conduct for all suppliers and subcontractors covering environmental and social performance aspects.

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 Listing Rules and Guidance set out by The Stock Exchange of Hong Kong Limited)

Certifications: GREENGUARD Gold Certification (for inks)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Dismountable LED solution (WrapLED)
• Use of non-pvc materials

Awards & Recognition

• Certificate of Merit in the field of Media and Communication at the 2018 Hong Kong Awards for Environmental Excellence (HKAEE)
• “Hong Kong Green Organization” under the Hong Kong Green Organization Certification (HKGOC)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Maintained diversion of 100% waste printed advertising materials from landfill for recycling and reprocessing.
• Initiated upgrades and replacement of 925 pieces of advertising panels with LED lighting in Hong Kong and Mainland China.
• Awarded the Certificate of Merit in the sector of Media and Communication at the 2019 HKAEE from Business Environment Council.
• Named as a “Hong Kong Green Organization” for four consecutive years since 2016.

Social Achievements

• Provided free or affordable advertising spaces for environmental organizations.
• Received the Caring Company Logo for twelve consecutive years since 2008.
• Supported numerous social services organizations, sports associations, animal welfare services, art foundations, and other non-profit organizations.

Governance Achievements

• No major changes in policies relating to compensation and dismissal, recruitment and promotion, working hours, rest periods, equal opportunities, diversity and anti-discrimination.
• No material non-compliance in relation to employment, health and safety laws and regulations, or anti-corruption policies.

Climate Goals & Targets

Environmental Challenges

• Significant increase in energy consumption (52% from the last reporting period), mainly due to improved calculation and recording methods and inclusion of previously unreported data.
• Insignificant hazardous waste generation, data not reported.
• Water consumption data unavailable for most operations due to inclusion in management fees.

Mitigation Strategies

• Progressive replacement of fluorescent tubes with LED tubes for advertising panels.
• Implementation of Waste Management Plan in Hong Kong to ensure appropriate handling of advertising wastes.
• Use of video-conferencing software to reduce business air travel emissions (49% reduction compared to the last reporting period).
• Water conservation practices in offices resulted in a 61% decrease in water consumption.

Supply Chain Management

Supplier Audits: Quarterly evaluation of suppliers and subcontractors on product and service quality.

Responsible Procurement

• Supplier Code of Conduct covering environmental and social performance.

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 Listing Rules and Guidance set out by The Stock Exchange of Hong Kong Limited)

Certifications: Hong Kong Green Organization Certification (HKGOC)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• WrapLED (dismountable LED advertising solution)

Awards & Recognition

• Certificate of Merit at 2019 HKAEE
• Hong Kong Green Organization for four consecutive years since 2016
• 9 awards at the 19th IAI International Advertising Awards

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Maintained 100% waste printed advertising materials diversion from landfill through recycling.
• Upgraded more than 100 advertising panels to LED lighting in Hong Kong.
• Provided free or affordable advertising spaces for environmental organizations.
• Awarded Hong Kong Green Organisation by Hong Kong Awards for Environmental Excellence (HKAEE) since 2016.
• Achieved 26% reduction in non-hazardous waste generation compared to the previous reporting period.
• 34% drop in total energy consumption from the use of electricity and petrol from the last reporting period.

Social Achievements

• No major changes in policies related to providing a safe working environment and protecting employees from occupational hazards. No material non-compliance noted.
• 9,345 hours of offline training conducted for over 980 employees.
• Developed an online learning platform for employee training.
• No material non-compliance noted in relation to preventing child and forced labour.
• Won 12 awards at the 20th IAI International Advertising Awards and 2 awards at The Best Outdoor Advertising in Mainland China.

Governance Achievements

• No material non-compliance noted in relation to employment, health and safety, and anti-corruption laws and regulations.
• Implemented a Whistleblowing Policy to encourage reports of suspected illegal activities.
• No concluded legal cases regarding corrupt practices.

Climate Goals & Targets

Environmental Challenges

• Data limitations on energy and water consumption due to inclusion in management fees.
• Challenges in obtaining complete data from various geographical locations in China.

Mitigation Strategies

• Continuous efforts to improve data collection and reporting.
• Implementation of various environmental programs in daily operations to reduce environmental impact.

Supply Chain Management

Supplier Audits: Quarterly evaluation of suppliers on product and service quality.

Responsible Procurement

• Supplier Code of Conduct covering environmental and social performance.

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 Listing Rules and Guidance set out by The Stock Exchange of Hong Kong Limited)

Certifications: Hong Kong Green Organization Certification (HKGOC), GB/T19001-2015 and ISO 9001:2015 (Shanghai operation)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• WrapLED dismountable LED advertising solution

Awards & Recognition

• Hong Kong Green Organisation by HKAEE (since 2016)
• Bronze Award in the sector of Media and Communication at the HKAEE
• 12 awards at the 20th IAI International Advertising Awards
• 2 awards at The Best Outdoor Advertising in Mainland China
• Contribution Unit in Fighting Pandemic by the Mainland China Advertising Association

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Maintained 100% waste printed advertising materials diversion from landfill through recycling.
• Initiated upgrades of advertising panels to LED lighting.
• Provided free or affordable advertising spaces for environmental organizations.

Social Achievements

• No major changes in policies related to providing a safe working environment and protecting employees from occupational hazards.
• Conducted 9,486 hours of offline training for over 1,543 employees.
• Developed an online learning platform for employee training.

Governance Achievements

• Established and implemented sound ESG principles and practices.
• Implemented a Whistleblowing Policy to encourage reports of suspected illegal activities.
• Complied with all applicable laws and regulations in relation to occupational health and safety.

Climate Goals & Targets

Environmental Challenges

• Extreme weather events disrupting production and transportation.
• Transition risks related to meeting policy requirements and implementing TCFD recommendations.
• Reputation risk from clients advertising heavily polluting products.

Mitigation Strategies

• Production team considers climate risk in project planning and monitors weather predictions.
• Enhancing communications of sustainability and climate change actions.
• Diversifying clients across different cities.

Supply Chain Management

Supplier Audits: Quarterly evaluation of suppliers and subcontractors.

Responsible Procurement

• Supplier Code of Conduct covering environmental and social performance.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (typhoons, storm surges, rainstorms, snowstorms, floods).

Transition Risks

• Meeting policy requirements, implementing TCFD recommendations, advertising heavily polluting products.

Opportunities

• Growth in green industries under climate pressure.

Reporting Standards

Frameworks Used: ESG Reporting Guide (Hong Kong)

Certifications: Hong Kong Green Organisation (HKGOC)

Sustainable Products & Innovation

• LED lighting for advertising panels, WrapLED dismountable LED solution.

Awards & Recognition

• Hong Kong Green Organisation (since 2016)
• 10 awards at the IAI International Advertising Awards
• 3 awards at The Best Outdoor Advertising in China

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Maintained 100% recycling and reprocessing rate for all printed advertising materials.
• Initiated upgrades of advertising panels to LED lighting.
• Provided free or affordable advertising spaces for environmental organizations.
• Awarded the Hong Kong Green Organisation by Hong Kong Awards for Environmental Excellence since 2016.

Social Achievements

• Organized various employee engagement activities (birthday celebrations, sports meets, etc.).
• Provided training on installing and dismantling advertisements.
• Implemented a whistleblowing policy.
• Donated protective materials and promoted public health information during the COVID-19 pandemic.

Governance Achievements

• Established and implemented sound ESG principles and practices.
• ESG working group responsible for ESG-related issues and risk management.
• Complied with all “comply or explain” provisions set out in the ESG Reporting Guide.

Climate Goals & Targets

Environmental Challenges

• Extreme weather events causing supply chain interruption and damage to outdoor advertisements.
• Increased procurement expenditures to introduce new technologies due to tighter environmental laws.
• Potential decrease in revenue due to higher environmental requirements of clients.
• Stakeholders' concerns on climate-related issues impacting investment sentiment.

Mitigation Strategies

• Prepared contingency strategies for extreme weather events (work-from-home arrangements).
• Engaged with professionals for advice on climate-related issues.
• Continuously monitored climate-related regulations and trends.
• Adopted green technology and materials for advertising.
• Diversified supply chain and customer base.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct covering environmental and social performance

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Longer-term shifts in climate patterns

Transition Risks

• Increased procurement expenditures
• Tighter environmental laws
• Decreased revenue
• Dampened investment sentiment

Opportunities

• Growth in green industries

Reporting Standards

Frameworks Used: TCFD

Certifications: Hong Kong Green Organization Certification

Sustainable Products & Innovation

• LED lighting for advertising panels
• WrapLED dismountable LED solution

Awards & Recognition

• Hong Kong Green Organisation (HKAEE)
• 11 awards at the 22nd IAI International Advertising Awards
• Gold Prize in the 2022 Find Advertising Cup China Glasses-Free 3D Innovation Competition
• Contribution Unit in Fighting Pandemic (China Advertising Association)
• Sichuan Province Outstanding Contributions to Fighting Pandemic Advertising Company
• Caring Company Logo (HKCSS)

Environmental Metrics

ESG Focus Areas

• Environmental Practices
• Labour Practices
• Operational Practices
• Anti-corruption
• Intellectual Property
• Occupational Health and Safety
• Data Protection
• Product/Service Quality

Environmental Achievements

• Maintained significant waste diversion of printed advertising materials from landfill through recycling.
• Continued upgrades of advertising panels to LED lighting.
• Provided free or affordable advertising spaces for environmental organizations.
• Awarded "Hong Kong Green Organization" for eight consecutive years (2016-2023).

Social Achievements

• Organized various employee engagement activities (birthday celebrations, hiking, etc.).
• Provided safety training and medical check-ups for employees.
• Implemented comprehensive safety guidelines for outdoor advertising fixtures.
• Conducted 148 hours of anti-corruption training for 148 employees.
• Received the Caring Company Logo by the Hong Kong Council of Social Service.

Governance Achievements

• Established and implemented sound ESG principles and practices.
• Adopted approaches to identify, manage, and review material ESG issues.
• Established a whistleblowing policy to encourage reports of suspected illegal activities.

Climate Goals & Targets

Environmental Challenges

• Slight increase in GHG emissions intensity (+9.91%).
• Slight increase in non-hazardous waste generation intensity (+15.17%).
• Slight increase in energy consumption intensity (+11.65%).
• High employee turnover rate (37.94%).

Mitigation Strategies

• Closely monitor GHG emissions and implement further mitigation measures or redefine baseline.
• Closely monitor non-hazardous waste generation and implement further reduction initiatives or redefine baseline.
• Closely monitor energy consumption and implement further energy use efficiency initiatives or redefine baseline.
• Improve internal communications and employee engagement.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Prioritization of eco-friendly inks with safety certifications.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Longer-term shifts in climate patterns

Transition Risks

• Technology changes
• Policy and legal changes
• Market shifts
• Reputational risks

Opportunities

• Growth in green industries

Reporting Standards

Frameworks Used: TCFD

Certifications: Hong Kong Green Organization, Basic Level Energywi$e Certificate, Good Level Wastewi$e Certificate, GREENGUARD Gold Certification (inks)

Sustainable Products & Innovation

• LED lighting for advertising panels
• WrapLED dismountable LED solution

Awards & Recognition

• 7 awards at the 23rd IAI International Advertising Awards
• Bronze Award in the 2023 Shanghai International Advertising Awards
• Hong Kong Green Organization (8 consecutive years)