Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Responsibility
• Governance

Environmental Achievements

• Reduced GHG emissions by 128 tonnes compared to FY2020, reaching 1374 tonnes in FY2021. Implemented administrative policies regulating emissions and discharge of exhaust gas, wastewater, solid waste and greenhouse gas generated in office areas.
• Implemented electricity saving measures in the office, including using light-emitting diodes and encouraging employees to turn off unnecessary electronic devices.
• Implemented water saving measures, including posting labels to remind employees to reduce water usage and reporting water leakage.

Social Achievements

• Provided competitive remuneration and benefits to employees, including social and medical insurance, medical insurance, and family-friendly policies.
• Implemented a transparent and fair employee performance evaluation system.
• Provided training on techniques and management skills for staff at each level and in various departments.

Governance Achievements

• Established a top-down ESG structure with Board oversight and senior management responsibility for ESG tasks.
• Formulated ESG-oriented policies to promote and manage material environmental, social and governance issues, including product responsibility, labor practices, anti-corruption and environmental protection.
• Implemented an Anti-Fraud System to enhance internal control and corporate governance.

Climate Goals & Targets

Environmental Challenges

• Climate change and its potential impact on business, strategy and financial performance.
• COVID-19 pandemic and its impact on operations and customers.

Mitigation Strategies

• Adopted measures for the management of employee travels, including strict approval for long-distance travel and encouraging public transportation.
• Implemented measures to safeguard the health of customers and employees, including crowd control, social distancing, disinfection, and allowing work from home.

Supply Chain Management

Supplier Audits: Regular reviews and updates of qualified suppliers; on-site inspections.

Responsible Procurement

• Procurement Management Procedure, Supplier Management Procedure, Outward Processing Management Procedure, Outward Dyeing Processor Management Procedure

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG Reporting guide set out in Appendix 20 to the GEM Listing Rules of the Stock Exchange of Hong Kong Limited

Certifications: ISO 9001:2015

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Implemented proactive measures to reduce exhaust emissions, such as regular vehicle maintenance and encouraging efficient car use.
• Actively promotes green office practices to minimize waste generation and optimize resource utilization.
• Implemented energy-saving measures within offices, including replacing some lighting fixtures with LEDs.

Social Achievements

• Documented formal procedures in the Employee Handbook encompassing recruitment, promotion, dismissal, remuneration, benefits, diversity, and equal opportunities.
• Provides comprehensive technical and management skills training across all levels and departments.
• Established a transparent and fair evaluation system for promotions and salary adjustments.

Governance Achievements

• Established an ESG Working Group responsible for collecting ESG information and reporting to the Board.
• Implemented stringent supply chain management measures for supplier selection, prioritizing suppliers with recognized environmental qualifications.
• Formulated a series of anti-fraud and anti-bribery policies and provided anti-corruption training to directors and employees.

Climate Goals & Targets

Environmental Challenges

• Increased frequency and severity of extreme weather events posing physical risks to business operations.
• Potential for policy and legal risks, as well as reputational risks, due to climate change.
• Maintaining high standards in quality management and addressing customer complaints effectively.

Mitigation Strategies

• Established mitigation plans for extreme weather events, including flexible working arrangements and precautionary measures.
• Constantly monitors changes in laws, regulations, and global trends on climate change.
• Implemented a series of internal procedures for quality control and established feedback and complaint procedures for customers.

Supply Chain Management

Supplier Audits: 105 suppliers

Responsible Procurement

• Prioritizing suppliers with recognized environmental qualifications.
• Reviewing suppliers’ environmental, social, and governance policies.
• Evaluating supplier performance based on human rights, labor practices, and health and safety.

Climate-Related Risks & Opportunities

Physical Risks

• Increased frequency and severity of extreme weather events

Transition Risks

• Tightening of national policies, emergence of environmentally related taxes, and shifting customer preferences.

Opportunities

• Increased consumer focus on sustainable development and the growing demand for environmentally friendly products.

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix C2 to the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited)

Certifications: ISO9001:2015