Climate Change Data

China Oriented International Holdings Limited

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:4,024.75 tCO2e/year
Scope 1 Emissions:3,222.97 tCO2e/year
Scope 2 Emissions:801.77 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:14,121.66 thousand kWh/year
Water Consumption:9,987.09 tonnes/year
Waste Generated:130.15 tonnes/year (non-hazardous)
Carbon Intensity:0.08 tCO2e per RMB1,000 revenue

ESG Focus Areas

  • Customer health and safety
  • Product and service quality
  • Occupational safety and health
  • Employee training and development
  • Anti-corruption
  • Exhaust emissions management

Environmental Achievements

  • Reduced GHG emissions to 4,024.75 tCO2e in 2022 from 6,441.62 tCO2e in 2021. This reduction is attributed to lower energy consumption in diesel, gasoline, and electricity due to pandemic prevention measures.

Social Achievements

  • Donated RMB26,000 and conducted volunteer work totaling 2,114 hours through various social welfare activities.
  • Invested RMB669,000 in employee welfare.
  • Provided 859 hours of employee training with a 90% training rate.
  • Organized various employee activities to enhance team relationships and a sense of belonging.

Governance Achievements

  • Complied with all code provisions as set out in the Corporate Governance Code.
  • Established three Board Committees (Audit, Remuneration, and Nomination) to oversee specific aspects of the Group’s affairs.
  • Maintained sufficient public float as required under the Listing Rules.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Maintain water consumption intensity at the 2022 level in the coming 5 years.
  • Maintain non-hazardous waste disposal intensity at the 2022 level in the coming 5 years.
Short-term Goals:
  • Maintain energy consumption intensity and GHG emissions intensity not higher than 5% of the 2022 level in the coming 5 years.

Environmental Challenges

  • Overall decrease in course enrollments and trainees due to travel restrictions imposed by sporadic COVID-19 outbreaks.
  • Decreased revenue and gross profit margin due to competition and reduced training hours.
  • Potential climate-related risks (physical and transition risks) including extreme weather events and stricter environmental regulations.
Mitigation Strategies
  • Developed flexible working arrangements and precautionary measures during bad weather.
  • Exploring emergency plans to reduce vulnerability to extreme weather.
  • Constantly monitoring changes in laws and regulations related to climate change.
  • Implementing comprehensive environmental protection measures, including GHG reduction targets.
  • Established internal control systems to minimize risks.

Supply Chain Management

Supplier Audits: Annual assessment on all suppliers.

Responsible Procurement
  • Prioritising eco-friendly products where possible; working with suppliers to strengthen sustainability portfolio and minimise risks; preferring local suppliers to reduce transportation emissions.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (typhoons, storms, heavy rainfall, extreme temperatures) impacting employee safety and operational sites.
Transition Risks
  • Tightening of national policies and listing rules; emergence of environmental taxes; stricter environmental regulations increasing compliance costs and reputational risks.
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Excellent Case of Private Enterprises (All-China Federation of Industry and Commerce)
  • Key Laboratory (Henan Provincial Department of Transportation)
  • Winning Team (Zhumadian Federation of Trade Unions)
  • Caring Unit (Suiping County Steering Committee of Spiritual Civilization Construction)
  • Winning company in the 2021 Year Zhumadian City “Safety and Healthy Cup” Competition
  • Caring Company (Suiping)