China All Nation International Holdings Group Limited
Climate Impact & Sustainability Data (2020-08 to 2021-07, 2021-08 to 2022-07)
Reporting Period: 2020-08 to 2021-07
Environmental Metrics
Total Carbon Emissions:3.98 tCO2e
Scope 2 Emissions:3.98 tCO2e
Total Energy Consumption:5,612.60 kWh
Waste Generated:0.24 tons
ESG Focus Areas
- Improving Our Business
- Caring for Our People
- Protecting Our Environment
Environmental Achievements
- By 2023, reduce absolute GHG emissions (Scope 1 & 2) by 65%, compared to a 2018/19 baseline
- By 2023, make sure at least 30% of newly purchased electric appliances in offices are those with energy-saving labels
- By 2023, reduce absolute energy usage by 70%, compared to a 2018/19 baseline
Social Achievements
- Implemented a whistleblower programme
- Ensured compliance with relevant labour laws and regulations in Hong Kong and the PRC
- Established grievance procedures for employees
- Organised a team building activity
Governance Achievements
- Established an audit committee, a remuneration committee, a nomination committee, and a legal compliance committee
Climate Goals & Targets
Short-term Goals:
- By 2023, reduce absolute GHG emissions (Scope 1 & 2) by 65%, compared to a 2018/19 baseline
- By 2023, make sure at least 30% of newly purchased electric appliances in offices are those with energy-saving labels
- By 2023, reduce absolute energy usage by 70%, compared to a 2018/19 baseline
Environmental Challenges
- Keen market competition in Hong Kong and PRC for interior design and decoration business
- Slowdown of projects due to the COVID-19 pandemic
- Higher construction costs due to stringent contract requirements and increase of material and labour costs
Mitigation Strategies
- Diversified into commodity trading business
- Adopted a more aggressive approach in seeking new contracts (including relaxing payment terms)
- Critically assessed existing business portfolio and made necessary adjustments to streamline operations
- Focused on higher margin and faster growing businesses
Supply Chain Management
Supplier Audits: 2 subcontractors (Original Businesses), 157 subcontractors (Interior Design and Decoration)
Responsible Procurement
- Strict quality requirements for subcontractors
- Preference for subcontractors with ISO 14001:2004 certification
- Subcontractors’ Responsibilities on Environmental Issues Policy
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather conditions
Transition Risks
- Potential financial loss from sourcing properties in areas vulnerable to climate events
- Engaging with customers involved in carbon-intensive sectors
Reporting Standards
Frameworks Used: GEM Listing Rules
Reporting Period: 2021-08 to 2022-07
Environmental Metrics
Total Carbon Emissions:3.19 tCO2e/year
Scope 2 Emissions:3.19 tCO2e/year
Total Energy Consumption:16,197.49 MJ/year
Carbon Intensity:0.03 tCO2e/HK$’million
ESG Focus Areas
- Improving Our Business
- Caring for Our People
- Protecting Our Environment
Environmental Achievements
- Reduced absolute GHG emissions (Scope 1 & 2) by 86% compared to a 2018/19 baseline.
- Reduced absolute energy usage by 89% compared to a 2018/19 baseline.
Social Achievements
- Conducted ESG reporting and governance training for eight board members.
- Distributed approximately 270 pieces of PPE to employees and subcontractors in Hong Kong and 500 pieces in the PRC to prevent COVID-19 transmission.
Governance Achievements
- Established a three-tier risk management and internal control system.
- Implemented a whistle-blowing policy.
Climate Goals & Targets
Short-term Goals:
- Reduce absolute GHG emissions (Scope 2) by 24% compared to a 2020/21 baseline by 2025.
- Ensure at least 30% of newly purchased electric appliances in offices are energy-saving by 2025.
- Reduce energy usage intensity by revenue (MJ/HK$’million) by 5% compared to a 2020/21 baseline by 2025.
Environmental Challenges
- COVID-19 pandemic and lockdown measures in the PRC significantly affected business activities.
- Challenges in the interior design and decoration business due to market competition and higher construction costs.
- Sluggish conditions in the Hong Kong construction industry.
Mitigation Strategies
- Adopted strategies to cope with challenging environments.
- Focused on developing the property sub-leasing and management services segment.
- Took proactive measures to diversify and expand business scope.
- Adopted a more aggressive approach in seeking new contracts (including relaxing payment terms) for the contracting segment.
Supply Chain Management
Responsible Procurement
- Rigorous quality assurance process for subcontractors.
- Health and safety regulations for subcontractors.
- Preference for subcontractors with ISO 14001 certification.
- Subcontractors’ Responsibilities on Environmental Issues policy.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Shifting to a low-carbon economy