Climate Change Data

DTXS Silk Road Investment Holdings Company Limited

Climate Impact & Sustainability Data (2016)

Reporting Period: 2016

Environmental Metrics

Total Carbon Emissions:18.5 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Protection
  • Social Responsibility
  • Anti-corruption

Environmental Achievements

  • Awarded Merit in the 2016 Green Management Award (Corporate) of Hong Kong Green Awards
  • Implemented energy-saving measures (switching off air conditioners and lights when not in use, using high-efficiency lighting, power-saving modes for equipment), resulting in a total GHG emission of 18.5 tons of CO2e (average 1.2 tons/employee)
  • Implemented waste reduction and recycling initiatives (recycling bins, electronic copies instead of hard copies, recycled paper, double-sided printing)

Social Achievements

  • Zero working injury cases in 2016
  • Organised a Green Office Talk for all staff and attended the Launching Ceremony of Gender Focal Point Network among Listed Companies
  • Made a donation to the Cancer Fund and participated in its charity walk, “Stride for a Cure”
  • Established a culture of energy saving and environmental awareness among staff

Governance Achievements

  • Implemented anti-corruption measures and established communication channels for reporting

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Investment and post-investment management risk
  • Overall competitive environment
  • Risk of slow-down in the Mainland China and global economies as well as change of market environment
  • Risk of authentication, appraisal and valuation of artworks
  • Difficulty to predict the quantity and quality of artworks collected for auction
  • Difficulty to prevent and discover the occurrence of money-laundering activities
  • Risk of damage or theft for artworks consigned for sale
  • Failure to attract and retain key management personnel and professional staff and lack of succession planning for key personnel
  • Difficulty to fully recover prepayments provided to consignor
  • Foreign currency risk
  • Challenging ethical environment
  • Ineffective communication between and amongst the Board and the management of the acquired businesses
  • Risk of non-compliance with relevant laws and regulations and not able to respond to changes in laws and regulations timely
  • Risks relating to structured contracts on auction business
Mitigation Strategies
  • Formulated and adopted a risk management policy
  • Engaged an external professional to conduct annual review on the effectiveness of the risk management and internal control systems of the Group

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Select products with certified ecological labels (e.g., Energy Star), made with recycled and recyclable materials, and use minimal packaging

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Appendix 27 of the Listing Rules

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Merit in the 2016 Green Management Award (Corporate) of Hong Kong Green Awards