Clarity Medical Group Holding Limited
Climate Impact & Sustainability Data (2021-04 to 2022-03, 2024)
Reporting Period: 2021-04 to 2022-03
Environmental Metrics
Total Carbon Emissions:108.81 tonnes of CO2
Scope 1 Emissions:N/A
Scope 2 Emissions:496.99 tonnes of CO2
Scope 3 Emissions:11.82 tonnes of CO2
Total Energy Consumption:193,908 kWh
Waste Generated:142.8 kg of clinical waste; 2,462.5 kg of paper
Carbon Intensity:0.00048 tonnes of CO2 per thousand revenues
ESG Focus Areas
- Environmental protection
- Social involvement
- Stakeholder engagement
- Sustainable development
Environmental Achievements
- Reduced greenhouse gas emission intensity to 0.00048 tonnes of CO2 per thousand revenues
Social Achievements
- Implemented a high-standard quality management system in accordance with ISO 9001:2015
- 86% of employees received training
Governance Achievements
- Adopted the Model Code for Securities Transactions by Directors of Listed Issuers
Climate Goals & Targets
Short-term Goals:
- Maintain greenhouse gas emission intensity at 0.00051 tonnes of CO2e per thousand revenues or below
- Maintain hazardous waste intensity at 0.00038 kg per thousand revenues or below
- Maintain non-hazardous waste intensity at 0.0143 kg per thousand revenues or below
- Maintain electricity consumption intensity at 1.118 kWh per thousand revenues or below
Environmental Challenges
- Significant impact on financial performance in February and March 2022 due to the fifth wave of the COVID-19 pandemic
- Increased clinical waste generation due to the shift to disposable medical instruments during the COVID-19 pandemic
Mitigation Strategies
- Implemented enhanced hygiene and precautionary policies and procedures across Medical Centres
- Regular training and information sessions for employees on infection control, emergency control, etc.
- Strive to resume normal operation and financial performance when the impact of COVID-19 eases
Supply Chain Management
Supplier Audits: Ongoing assessments and regular inspections of approximately 54 approved suppliers
Responsible Procurement
- Selection of suppliers based on pricing, quality, reliability, timeliness of delivery, market reputation, maintenance and service support, and standard of consultancy services
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather conditions
- Sustained elevated temperature
Transition Risks
- Changes in environmental-related regulations
- Emerging technologies
Opportunities
- Increased business opportunities due to vision correction surgery being a more environmentally-friendly alternative to disposable contact lenses
Reporting Standards
Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities
Certifications: ISO 9001:2015
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:168.71 tCO2e/year
Scope 1 Emissions:9.24 tCO2e/year
Scope 2 Emissions:137.02 tCO2e/year
Scope 3 Emissions:22.45 tCO2e/year
Total Energy Consumption:355,494.40 kWh/year
Water Consumption:107.98 m3/year (Tsim Sha Tsui center only)
Waste Generated:2,261.35 tons/year (hazardous and non-hazardous combined)
Carbon Intensity:0.0009 tonnes of CO2e per thousand revenues
ESG Focus Areas
- Environmental protection
- Social involvement
- Stakeholder engagement
- Sustainable development
Environmental Achievements
- Reduced hazardous waste generation from 293.90 kg to 130.10 kg, achieving a 0.0007 kg per thousand revenues intensity.
- Reduced non-hazardous waste generation from 2,462.50 kg to 2,131.25 kg, maintaining a 0.01 kg per thousand revenues intensity.
Social Achievements
- Established a high-standard quality management system in accordance with ISO 9001:2015.
- Overall employee training rate of 82%.
Governance Achievements
- Complied with all applicable code provisions as set forth in the CG Code.
- Established a robust complaint handling policy.
Climate Goals & Targets
Short-term Goals:
- Maintain GHG intensity at 0.0009 tonnes of CO2e per thousand revenues or below.
- Maintain total hazardous waste intensity at 0.0007 kg per thousand revenues or below.
- Maintain total energy consumption intensity at 1.86 kWh per thousand revenues or below.
- Maintain total water consumption intensity at 0.001 cubic meters per thousand revenues or below.
Environmental Challenges
- Increased competition in the SMILE surgeries market.
- Local economic downturn, inflationary pressures, and changing consumer spending patterns.
- New Tsim Sha Tsui medical center operating at a loss.
- Increased energy consumption due to equipment refurbishment and new center opening.
Mitigation Strategies
- Shifted business development focus towards ICL implantations.
- Implemented measures to improve operational efficiency and reduce costs.
- Relocating Central medical center to New World Tower.
- Implementing energy-efficient measures (switching off devices, regular equipment maintenance, energy-efficient devices, monitoring electricity usage, setting appropriate air-conditioner temperatures).
Supply Chain Management
Supplier Audits: Ongoing assessments and regular inspections
Responsible Procurement
- Selection of suppliers based on pricing, quality, reliability, timeliness of delivery, market reputation, maintenance and service support, and standard of consultancy services; preference for environmentally and socially conscious products and suppliers.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather conditions (flooding, typhoon)
- Sustained elevated temperature
Transition Risks
- Changes in environmental-related regulations
- Emerging technology
Opportunities
- Vision correction surgery as a more environmentally friendly alternative to disposable contact lenses
Reporting Standards
Frameworks Used: Appendix C2 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited
Certifications: ISO 9001:2015