Climate Change Data

Digital Domain Holdings Limited

Climate Impact & Sustainability Data (2017, 2020, 2021, 2022, 2023)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:1506 tonnes CO2e
Total Energy Consumption:1,539,588 kWh
Water Consumption:3,500 m3
Waste Generated:43.0 tons (non-hazardous)

ESG Focus Areas

  • Environmental Protection
  • Employment and Labour Practices
  • Operating Practices
  • Community Investment

Environmental Achievements

  • Widely set up LED lighting systems in workplaces
  • Maintained indoor temperature at an optimal level for comfort
  • Implemented “reducing carbon footprint” initiatives and efficiency practices to reduce greenhouse gas emission and conserve energy usage
  • Encouraged employees to reduce paper usage by using double-sided copying and electronic information systems
  • Introduced e-communication system with shareholders to reduce paper consumption

Social Achievements

  • Provided a desirable workplace, continuous training and prospective career opportunities to employees
  • Offered equal employment opportunities to different genders, age groups and nationalities
  • Complied with regulations related to child labour and forced labour
  • Offered competitive remuneration package, including internal promotion opportunities and performance-based bonus
  • Provided medical insurance, maternity leave, incentive and bonus to full-time employees in Hong Kong
  • Participated in Mandatory Provident Fund (MPF) Scheme in Hong Kong
  • Complied with Minimum Wage Ordinance, Employment Ordinance and Employees’ Compensation Ordinance in Hong Kong
  • Contributed labor pension to individual accounts in Taiwan
  • Provided training materials on relevant rules and regulating updates to board of directors
  • Provided a comprehensive induction package to newly appointed directors
  • Promoted open and direct communication between employees and management
  • Adopted health and safety policies including prohibition of smoking in the workplace, abuse of alcohol and drugs, identification and prevention of risks and hazards in the working area, and follow-up actions for accidents or personal injuries
  • Achieved zero work-related fatalities and 76 lost days due to work injury during the reporting period

Governance Achievements

  • Developed a series of management systems and procedures aligned with corporate governance required by the Hong Kong Stock Exchange
  • Developed company policies on anti-fraud, anti-bribery, anti-extortion and anti-money laundering
  • Conducted periodic and systematic fraud risk assessments
  • Established whistle-blowing policy and procedures
  • Complied with corporate policy of anti-corruption and no cases of anti-corruption were concluded during the reporting period

Climate Goals & Targets

Environmental Challenges

  • Electricity consumption contributing to greenhouse gas emission and energy footprints
  • Disposal of non-hazardous waste
Mitigation Strategies
  • Implemented energy saving initiatives in workspaces, including LED lighting, optimal temperature control, equipment shutdown after hours, and energy saving awareness campaigns
  • Encouraged employees to reduce paper usage and utilize electronic information systems
  • Introduced e-communication system with shareholders

Supply Chain Management

Supplier Audits: Annual internal assessment of regular suppliers

Responsible Procurement
  • Evaluation of suppliers’ and contractors’ track records and capacity in compliance with all applicable laws and regulations, safeguarding workers’ health and safety, and mitigating environmental impacts
  • Requirement for suppliers to comply with all applicable laws and regulations and follow principles of proper social, environmental and ethical conduct

Climate-Related Risks & Opportunities

Reporting Standards

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

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:1767 tCO2e
Total Energy Consumption:2,201,340 kWh
Water Consumption:5,581 m3
Waste Generated:85.48 tons

ESG Focus Areas

  • Employee Health and Safety
  • Environmental Protection
  • Climate Change Mitigation
  • Waste Management
  • Resource Conservation
  • Supply Chain Management
  • Community Investment
  • Corporate Governance
  • Anti-Corruption

Environmental Achievements

  • 94% Reduction of Sulphur Oxides Emission
  • 99% Reduction of Nitrogen Oxides Emission
  • 99% Reduction of Particulate Matter Emission
  • Zero Environmental Non-Compliance

Social Achievements

  • Zero Fatalities and Injuries
  • Successful navigation through COVID-19 disruptions, protecting employee safety and maintaining operations.
  • Offered employees two paid days as vaccination leave.

Governance Achievements

  • Compliance with applicable laws and regulations related to bribery, extortion, fraud, and money laundering.
  • Established whistle-blowing policy and procedures.

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic impacting operations, employees, and supply chains.
Mitigation Strategies
  • Implemented preventive and mitigation measures, including remote work, to protect employee safety and maintain operations.
  • Provided special leave arrangements for employees required for compulsory quarantine.

Supply Chain Management

Responsible Procurement
  • Supplier selection framework evaluating legal and regulatory compliance, including environmental, social, and governance aspects.
  • Code of conduct prohibiting improper gifts or favors.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:2011.68 tCO2e/year
Scope 2 Emissions:1991.16 tCO2e/year
Scope 3 Emissions:20.52 tCO2e/year
Total Energy Consumption:2,520,454 kWh/year
Water Consumption:5,690 m3/year
Waste Generated:93.95 tons/year

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Total Energy Consumption: 2,520,454 kWh
  • Total GHG Emission: 2,011.68 tCO2e
  • Zero client complaints
  • Reduced paper consumption through digitalization and other initiatives.

Social Achievements

  • 418 employee training hours
  • Zero supplier complaints
  • HK$3,220 community donations
  • Zero work-related fatalities
  • Zero lost days due to injury at work
  • Implemented pandemic prevention measures, including flexible working arrangements and employee support.

Governance Achievements

  • Established ESG working group
  • Implemented whistle-blowing policy and procedures
  • Developed anti-corruption policies and training programs
  • Complied with relevant laws and regulations regarding bribery, extortion, fraud, and money laundering.

Climate Goals & Targets

Long-term Goals:
  • Reduce carbon footprint and refresh long-term goals as technologies advance.

Environmental Challenges

  • Potential climate-related risks (physical risks like extreme weather and policy/regulatory risks)
  • Increased GHG emissions due to increased creative work capacity.
Mitigation Strategies
  • Implementing natural disaster emergency plans
  • Monitoring regulatory trends
  • Using energy-saving equipment (LED lights, high-efficiency equipment)
  • Optimizing air conditioning systems
  • Encouraging employees to switch off devices when not in use
  • Procuring energy-efficient appliances
  • Reducing paper consumption through digitalization
  • Encouraging use of video conferencing to reduce air travel.

Supply Chain Management

Responsible Procurement
  • Supplier selection framework based on applicable laws and regulations regarding safety, environment, forced labor, and child labor.
  • Code of conduct prohibiting improper gifts, loans, hospitality, services, or favors.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (typhoons, wildfires, flooding)
Transition Risks
  • More stringent laws and regulations related to climate change

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:1,906,507 kg CO2e
Scope 2 Emissions:1,870.74 t CO2e
Scope 3 Emissions:35.77 t CO2e
Total Energy Consumption:3,974,900 kWh
Water Consumption:10,695 m3
Waste Generated:251.60 tons

ESG Focus Areas

  • Climate Change
  • Health and Wellbeing
  • Community Engagement
  • Governance
  • Innovation
  • Diversity

Environmental Achievements

  • Reduced GHG Emissions from 2,011.68t CO2e in 2021 to 1,906.51t CO2e in 2022
  • Reduced energy consumption from 2,520,454 kWh in 2021 to 3,974,900 kWh in 2022 (Note: This seems counterintuitive and requires further investigation from the report itself to understand the discrepancy.)
  • 100% recycling of used toner cartridges

Social Achievements

  • Organized 4,875 hours of employee training
  • Zero work-related fatalities and injuries
  • HKD4,640 community contribution to Orbis Hong Kong

Governance Achievements

  • Zero complaints
  • Zero corruption cases concluded
  • Zero non-compliance with labor standards

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050

Environmental Challenges

  • Potential climate-related risks including physical risks (extreme weather, rising sea levels) and transitional risks (policy changes, market shifts)
  • Increased GHG emissions due to increased creative work capacity
Mitigation Strategies
  • Developing sustainability initiatives to address climate-related risks and opportunities
  • Implementing energy-saving measures (energy-efficient lighting, air conditioning, equipment)
  • Reducing paper consumption through paperless office initiatives
  • Minimizing air travel through video conferencing
  • Building resilience into operations to protect assets and minimize downtime from extreme weather events
  • Engaging with industry bodies, peers, governments, and communities to ensure an effective regulatory framework
  • Adapting new applications to improve energy efficiency and decarbonize operations

Supply Chain Management

Responsible Procurement
  • Supplier selection framework based on applicable laws and regulations (safety, environment, forced labor, child labor)
  • Supplier assessment covering professional qualification, service/product quality, financial status, integrity, and social responsibility
  • Code of conduct prohibiting improper gifts, loans, hospitality, services, or favors

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Rising sea levels
  • Changes in precipitation patterns
Transition Risks
  • Policy and regulatory changes
  • Technical viability of decarbonization strategy
  • Market risks
  • Reputational damage
Opportunities
  • Reducing emissions
  • Building resilience into operations
  • Engaging business partners on innovative climate solutions
  • Supporting sustainable product and packaging innovation

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide, SASB

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:1832.69 kg CO2e
Scope 2 Emissions:1699.34 kg CO2e
Scope 3 Emissions:133.34 kg CO2e
Total Energy Consumption:3,455,611 kWh
Water Consumption:15,902 m3
Waste Generated:213.0 tons

ESG Focus Areas

  • Climate Change
  • Diversity, Equity and Inclusion
  • Corporate Governance
  • Community Engagement
  • Supply Chain Management
  • Employee Well-being
  • Data Privacy
  • Anti-Corruption

Environmental Achievements

  • Total energy consumption: 3,455,611 kWh
  • Total GHG emission: 1,832.687 kg
  • Zero complaints regarding environmental compliance

Social Achievements

  • 2,035 training hours provided to employees
  • Zero lost days due to injury at work
  • Zero work-related fatality
  • Community contribution totaling over HK$320,000

Governance Achievements

  • Zero corruption cases concluded
  • Zero non-compliance with labor standards
  • Established whistle-blowing policy and procedures

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050

Environmental Challenges

  • Navigating towards a greener and ultimately carbon-free destination
  • Managing transitional climate risks (regulatory impacts, technical viability of decarbonization, market risks, reputational damage)
  • Managing physical climate risks (extreme weather events, rising sea levels, changes in precipitation patterns)
Mitigation Strategies
  • Developing sustainability initiatives to identify and address climate-related risks and opportunities
  • Implementing measures to reduce emissions, increase energy efficiency, adopt renewable energy sources, promote sustainable transportation, and reduce paper consumption
  • Building resilience into operations to protect assets and minimize operational downtime from extreme weather events
  • Regular and transparent engagement with stakeholders on climate strategy and progress
  • Supplier selection framework based on environmental and social aspects
  • Continuous assessment of product and service quality

Supply Chain Management

Responsible Procurement
  • Supplier selection framework based on applicable laws and regulations related to safety, environment, forced labor, child labor, and other social aspects; code of conduct prohibiting improper gifts, loans, hospitality, services, or favors.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Rising sea levels
  • Changes in precipitation patterns
Transition Risks
  • Emerging regulations
  • Technical viability of decarbonization strategy
  • Market risks
  • Reputational damage
Opportunities
  • Resource efficiency
  • Adaptation technology and data

Reporting Standards

Frameworks Used: SASB, TCFD