Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced GHG emissions per floor area from 10.73 tonnes of CO2/sqm in 2017/18 to 1.91 tonnes of CO2/sqm in 2018/19. This is attributed to energy-saving measures despite an increase in total emissions due to new subsidiaries.
• Reduced non-hazardous waste from 2.005 tonnes in 2017/18 to 1.66 tonnes in 2018/19 through the implementation of the 4Rs principles (reduce, reuse, recycle, replace).

Social Achievements

• Maintained a safe working environment with no work-related fatalities or injuries.
• Complied with all relevant employment laws and regulations in Hong Kong, PRC, and Macau.
• Provided competitive remuneration packages, including discretionary bonuses and share options.

Governance Achievements

• Strict compliance with all relevant laws and regulations relating to bribery, extortion, fraud, and money laundering.
• Implemented an independent internal audit function to supervise and evaluate internal controls against conflicts of interest.

Climate Goals & Targets

Environmental Challenges

• Increase in total GHG emissions due to the acquisition of new subsidiaries in Macau and the PRC.

Mitigation Strategies

• Implemented various energy-saving measures in offices, including encouraging staff to turn off lights and electrical appliances when not in use, maintaining indoor temperature at 24 degrees Celsius or above.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Regular review of suppliers based on quality of services and products, social responsibility, and business ethics through face-to-face interviews, site visits, web browsing, or perusal of annual reports.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities (the “Listing Rules”) on the Stock Exchange of Hong Kong Limited

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced total GHG emissions per floor area from 0.0492 tonnes of CO2/sqm in 2018/19 to 0.054 tonnes of CO2/sqm in 2019/20 (Note: this is a slight increase, not a reduction). Implemented various energy-saving measures in offices, including turning off lights during lunch and after hours, turning off appliances when not in use, maintaining indoor temperature at 24 degrees Celsius or above, and encouraging staff to save electricity.
• Implemented 4Rs principles (reduce, reuse, recycle, replace) for paper waste, including double-sided printing, reusing single-sided printed paper, using paper recycling boxes, using recycled toner cartridges and repositionable notes, reusing office supplies, and minimizing disposable items.

Social Achievements

• Strictly complied with all relevant employment laws and regulations in Hong Kong, PRC, and Macau.
• Provided competitive remuneration packages, including basic salary, medical scheme, training subsidy, and annual leave exceeding minimum legal requirements.
• Implemented family-friendly employment practices, such as 3-day paid marriage leave and 3-day paid compassionate leave.
• Maintained a safe working environment with no work-related fatalities or injuries during the reporting period.
• Complied with all relevant laws and regulations related to bribery, extortion, fraud, and money laundering.

Governance Achievements

• Complied with the ESG Reporting Guide under Appendix 27 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.
• Implemented an independent internal audit function to supervise and evaluate internal controls against conflicts of interest.

Climate Goals & Targets

Environmental Challenges

• Increase in total GHG emissions due to business expansion in Macau and the PRC.
• Increase in indirect emissions from paper consumption due to a significant increase in the number of projects and business expansion in Macau.
• Increase in indirect emissions from business air travel due to more long-distance business travel.

Mitigation Strategies

• Implemented various energy-saving measures in offices.
• Implemented 4Rs principles for paper waste management.
• Continuously monitoring and reviewing the performances of suppliers to ensure compliance with legal and regulatory requirements.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Selecting suppliers that provide socially-responsible products; conducting regular review based on the quality of services and products, social responsibility and business ethics through face to face interviews, site visits, web browsing or perusal of their annual report.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities (Stock Exchange of Hong Kong Limited)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced total GHG emissions by 52.5% (from 24.64 tonnes CO2e to 11.63 tonnes CO2e), primarily due to a decrease in the number of projects and travel restrictions.
• Reduced total non-hazardous waste by 42% (from 5.15 tonnes to 2.98 tonnes) due to office closure and less paper consumption.

Social Achievements

• Strict compliance with all relevant employment laws and regulations in Hong Kong, PRC, and Macau.
• No work-related fatalities or injuries reported.
• Implementation of family-friendly employment practices (3-day paid marriage leave and 3-day paid compassionate leave).

Governance Achievements

• Strict compliance with all relevant laws and regulations relating to bribery, extortion, fraud, and money laundering.
• No corruption cases noted or reported.

Climate Goals & Targets

Environmental Challenges

• High staff turnover in 2020/21 due to the completion of a major project.

Mitigation Strategies

• Not explicitly mentioned in the report, but the company addresses this implicitly by stating their commitment to providing competitive remuneration packages and career development opportunities.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG Reporting Guide under Appendix 27 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced total GHG emissions from 15.39 tonnes CO2e to 12.19 tonnes CO2e. Reduced total non-hazardous waste by approximately 9%.
• Decreased energy intensity per employee by 28.82%

Social Achievements

• Strict compliance with all relevant employment laws and regulations in Hong Kong, PRC, and Macau.
• No work-related fatality or injury reported in the last three reporting periods.
• Implemented family-friendly employment practices (3-day paid marriage leave and 3-day paid compassionate leave).

Governance Achievements

• Established a governance structure with Board oversight and an ESG working group.
• Implemented anti-corruption policies and training.
• No corruption cases reported.

Climate Goals & Targets

Environmental Challenges

• Climate change related physical risks (extreme weather events) and transition risks (stringent regulations, market shifts).
• Potential business disruptions due to climate change.

Mitigation Strategies

• Formulated adverse weather contingency plans.
• Adopted energy conservation measures.
• Continuous monitoring of changes in regulatory environment and market trends.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Selection of suppliers based on quality of services and products, environmental and social responsibility, and business ethics.

Climate-Related Risks & Opportunities

Physical Risks

• Increased frequency and severity of extreme weather events
• Sustained elevated temperature

Transition Risks

• More stringent laws and regulations related to climate change
• Market risks (customers shifting towards green building technologies)

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide under Appendix 27 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced total GHG emissions by approximately 12.31% to 10.69 tonnes of CO2e (from 12.19 tonnes of CO2e in 2022/23).
• Reduced total non-hazardous waste intensity per floor area by 25.33% to 0.0056 tonnes/sq.m. (from 0.0075 tonnes/sq.m. in 2022/23).
• Reduced total energy consumption intensity per floor area by 7.04% to 41.31 kWh/sq.m. (from 44.44 kWh/sq.m. in 2022/23).

Social Achievements

• No work-related fatality or injury reported over the last three reporting periods.
• Implemented family-friendly employment practices including 3-day paid marriage leave and 3-day paid compassionate leave.
• Provided training to 50 employees (7.5 average training hours per employee).

Governance Achievements

• Established an ESG Working Group to support the Board in implementing ESG-related strategies.
• Implemented Anti-Money Laundering/Counter-Terrorist Financing Policy.
• All directors received training on corporate governance.

Climate Goals & Targets

Environmental Challenges

• Potential financial risks from climate change, including acute and chronic physical risks and transition risks (legal and market risks).

Mitigation Strategies

• Adopted energy conservation measures.
• Continuous monitoring of changes in regulatory environment and market trends.
• Risk-based approach to identify, assess and mitigate ML/TF risks.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Selection of environmentally- and socially-responsible suppliers; continuous monitoring and regular review of supplier performance; communication of expectations and requirements to suppliers; selection criteria based on quality, environmental and social responsibility, and business ethics.

Climate-Related Risks & Opportunities

Physical Risks

• Increased frequency and severity of extreme weather events
• Sustained elevated temperature

Transition Risks

• More stringent laws and regulations related to climate change
• Market risks (customer shift towards demand of green building technologies)

Opportunities

• Not disclosed

Reporting Standards

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

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed