Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Received Forest Stewardship CouncilTM COC certification
• Received PEFC certification in Australian plants
• Used vegetable-soy based inks in most printing plants
• Implemented CTP imaging technology
• Used digital printing machines, eliminating chemically tainted wastewater
• Installed a water recycling system in one Australian plant
• Developed in-house ERP system achieving significant paper reduction

Social Achievements

• Provided a safe and fair working environment
• Offered competitive remuneration packages and employee benefits (five-day work week, bonuses, allowances, provident fund, insurance)
• Implemented flexible working arrangements
• Organized various employee engagement activities (company trips, dinners, competitions)
• Maintained a recreation center in PRC
• Introduced initiatives to improve gender diversity (mentoring programs, safe work environment, networking opportunities)
• Provided safety orientation and protective equipment to employees
• Held regular safety seminars and workshops
• Offered internal and external training programs
• Strictly prohibited child and forced labor

Governance Achievements

• Implemented anti-money laundering policy
• Organized trainings on staff integrity, bribery prevention, and equal opportunities
• Established a whistleblowing system monitored by the audit committee
• Received ISO9001, ISO14001, ICTI Code of Business Practices and G7 Master Qualification certifications

Climate Goals & Targets

Environmental Challenges

• Greenhouse gas emissions from fuel, electricity, purchased materials, and travel
• Chemically tainted wastewater from offset printing
• VOC emissions from ink application
• Managing hazardous and non-hazardous waste

Mitigation Strategies

• Installed environmental air filter to minimize VOC emissions
• Established policies and procedures for waste handling and water discharge
• Arranged environmental compliance audits
• Implemented energy-saving measures (T5 fluorescent tubes, energy monitoring, natural light, efficient air conditioning)
• Implemented water-saving measures (recycling system, rainwater collection, dual-flush toilets)
• Implemented waste reduction measures (ERP system, recycling programs)

Supply Chain Management

Supplier Audits: Annual assessment

Responsible Procurement

• Working with FSC/CoC certified paper suppliers
• Reviewing suppliers' financial stability
• Observing code of conduct for major suppliers
• Environmental criteria considered in procurement

Climate-Related Risks & Opportunities

Reporting Standards

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

Certifications: ISO9001, ISO14001, OHSAS 18001, ICTI Code of Business Practices, G7 Master Qualification, Forest Stewardship CouncilTM COC, PEFC

Awards & Recognition

• Premier Print Awards (1 Gold, 4 Silver, 8 Bronze)
• Gold Ink Awards (2 Gold, 1 Silver, 1 Bronze, 4 Pewter)

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Responsibility
• Corporate Governance

Environmental Achievements

• Increased recycled waste (paper, zinc, pallet, steel, plastic, aluminum)
• Implemented energy-efficient water heater (Air Compressor Hot Water System)
• Integrated a new treatment system for silk screen printing to eliminate VOC gas emissions
• Installed a new plate developer filter system for water reuse and recycling
• Replaced printing machines’ filter system with a fountain solution filter system to extend solution life and reduce water/alcohol usage

Social Achievements

• Provided competitive remuneration and various employee benefits (retirement fund, share options, transportation allowance, bonus, paid leave)
• Maintained a safe working environment with OHSAS 18001 certification in PRC plant and adherence to relevant OSH regulations
• Provided 4,693 training hours for employees (average 18 hours per operational staff)
• Complied with labor laws and regulations, with no violations regarding age of employment or labor disputes
• Developed and maintained effective working relationships with 1,357 suppliers globally, requiring compliance with a code of conduct

Governance Achievements

• Adopted Code of Conduct including provisions for conflicts of interest, privacy, bribery, and anti-corruption
• Implemented whistle-blowing policy
• No litigation regarding bribery during the reporting period
• Regularly reviewed and updated Staff Handbook to ensure transparency and compliance

Climate Goals & Targets

Environmental Challenges

• Greenhouse gas emissions from electricity use, paper consumption, and vehicle use
• VOC emissions and ink-contaminated water/waste from printing operations
• Waste generation from daily operations and printing processes
• Water usage in plate-making and printing processes

Mitigation Strategies

• Established procedures for managing atmospheric emissions
• Implemented measures to reduce energy usage (turning off lights/AC, energy-efficient equipment)
• Increased waste recycling efforts
• Improved waste management practices (segregation, licensed contractors for hazardous waste)
• Adopted water-saving measures (dual-flush toilets, rainwater collection, efficient production methods)
• Used soy ink and digital printing to reduce VOC emissions
• Installed exhaust air treatment system

Supply Chain Management

Supplier Audits: Annual assessment of 1,357 suppliers' compliance with code of conduct

Responsible Procurement

• Code of conduct for social responsibility and business ethics
• Preference for durable products with less packaging, environmentally friendly materials

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG reporting Guide (Appendix 27 to the Main Board Listing Rules of the Stock Exchange of Hong Kong Limited)

Certifications: OHSAS 18001 (PRC plant), ISO9001, ISO14001, ICTI Code of Business Practices, G7 Master Qualification

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• 2 Benny Awards, 2 Awards of Recognition, 8 Certificates of Merit in Premier Print Awards

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Implemented effective energy conservation measures to minimize emissions and environmental hazards
• Upgraded VOCs equipment in 2018 to eliminate VOC gas emissions
• Installed a plate developer filter system to filter used water for reuse
• Implemented fountain solution filter system to extend fountain solution life, reducing water and alcohol usage

Social Achievements

• Provided competitive remuneration and various employee benefits (Retirement Fund, Share Options, transportation allowance, bonus, paid leaves)
• Implemented policies promoting a harmonious and respectful workplace with zero tolerance for sexual harassment
• Provided 9,497 training hours for all staff
• Maintained a professional customer service team with high service standards

Governance Achievements

• Adopted Code of Conduct including provisions for conflicts of interest, privacy, confidentiality, bribery, and anti-corruption
• Implemented whistle-blowing policy
• Maintained strict compliance with laws and regulations related to bribery, extortion, fraud, and money laundering

Climate Goals & Targets

Environmental Challenges

• Greenhouse gas emissions increased by 12.4% compared to 2017 due to production expansion
• Wastewater generation from plate-making and printing processes

Mitigation Strategies

• Established procedures for emissions management and appointed personnel to monitor emissions generation
• Took measures to mitigate emissions (proper chemical storage, replacement of hazardous materials, regular equipment inspection, use of soy ink and digital printing, exhaust air treatment system)
• Implemented waste management measures (waste separation, recycling, regular collection of recyclables, education of employees)
• Recycled various wastes (plastic wrap, zinc, paper, aluminum)
• Used a highly energy-efficient water heater in the PRC staff dormitory
• Adopted measures to save water (turning off taps tightly, collecting rainwater, using dual-flush toilets, adopting water-saving production methods, checking for leaks)

Supply Chain Management

Supplier Audits: Annual assessment of supplier compliance with code of conduct

Responsible Procurement

• Code of conduct for business partners, focus on ethical supply chain management, consideration of environmental factors in procurement, preference for durable products with less packaging

Climate-Related Risks & Opportunities

Reporting Standards

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

Certifications: ISO9001, ISO14001, ICTI Code of Business Practices, G7 Master Qualification

Third-party Assurance: Not disclosed

Awards & Recognition

• 9 Awards of Recognition and 10 Certificates of Merit in Premier Print Awards

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Responsibility
• Governance

Environmental Achievements

• Reduced VOC emissions in PRC facility by approximately 87% compared to the previous year.
• Reduced hazardous waste intensity in Australian operation by 14% through low-chemistry plate production technology.
• Invested in automated processes in Australia and PRC facilities to improve effluent discharge quality and lower hazardous waste generation.
• Centralized vacuum air supply system in PRC facility estimated to save approximately RMB 300,000 in power costs yearly.

Social Achievements

• Singaporean subsidiary (C.O.S.) is a member of the Ethical Trading Initiative (ETI), adopting the ETI Base Code of labour practice.
• Provided 6,717 training hours (3,510 non-safety related), with 19 staff attaining vocational certificates.
• Made approximately HKD 379,000 in sponsorships and charitable donations, primarily focused on youth development and literacy.
• Employee satisfaction survey in PRC indicated 85% satisfaction with company efforts.

Governance Achievements

• Established clear protocols for handling personal data.
• Implemented robust systems to ensure compliance with regulations related to air emissions, effluent discharges, noise emissions, greenhouse gases, and waste.
• Adopted a zero-tolerance policy for corruption and anti-competitive practices.
• Conducted periodic corruption risk assessments.

Climate Goals & Targets

Environmental Challenges

• Reducing Scope III emissions throughout the value chain.
• Minimizing water consumption while meeting production needs.
• Sustainable approaches to product packaging.

Mitigation Strategies

• Central booking system for business trips, video conferencing, and email usage to reduce emissions.
• Regular leakage checks and replacement of air compressor components.
• Waste reduction and increased recycling rates.
• Re-use of processed water in PRC facility.
• Regular checks for water leakages.
• Early design phase of considering more sustainable packaging approaches.

Supply Chain Management

Responsible Procurement

• Supplier code of conduct requiring environmental responsibility, human rights, and business ethics.
• Self-assessment questionnaires and internal audits.
• Confidential communication channels for reporting breaches.
• FSC/PEFC certified paper in Australia.
• Soy-based inks and water-based adhesives in Australia.
• Biodegradable, phosphate-free, and non-toxic cleaning products.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG reporting guide set out in Appendix 27 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited

Certifications: ISO 14001:2015 (PRC and Australia), OHSAS 18001:2007 (PRC), ISO 9001:2015 (some major facilities)

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Responsibility
• Governance

Environmental Achievements

• Substantially reduced VOC emissions in PRC facility.
• Replaced company fleets with less polluting models in PRC and Australia.
• Covered folding machines with acoustic baffle covers to reduce noise by approximately 6 decibels.

Social Achievements

• Maintained competitive remuneration and provided welfare benefits.
• Recorded approximately 4,348 training hours (1,370 non-safety related).
• Supported local communities through corporate sponsorships and charitable donations (approx. HKD129,000).

Governance Achievements

• Established anti-corruption policies and procedures.
• Implemented robust internal controls.
• Conducted periodic corruption risk assessments.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting book industry and printing orders.

Mitigation Strategies

• Included pandemic in enterprise risk management policies.
• Raised hygiene standards.
• Minimized face-to-face communication.
• Implemented special work management for employees.

Supply Chain Management

Supplier Audits: Self-assessment questionnaires and/or internal audits

Responsible Procurement

• Supplier code of conduct requiring environmental responsibility, human rights, and business ethics compliance.
• Procurement of sustainable products and services (FSC certified paper, energy-efficient equipment).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG reporting guide set out in Appendix 27 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited

Certifications: ISO 14001:2015 (PRC and Australia), OHSAS 18001:2007 (PRC), ISO 9001:2015 (some major facilities), FSC (C.O.S.)

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Responsibility
• Governance

Environmental Achievements

• Substantially reduced VOC emissions in PRC facility to an immaterial level.
• Replaced company fleets with less polluting models in PRC and Australia.
• Improved effluent discharge treatment in PRC facility.
• Reduced greenhouse gas emissions (Scope I and II) by 2%.

Social Achievements

• Maintained a harmonious and respectful workplace.
• Provided approximately 3,502 training hours.
• Supported community investment through sponsorships and donations (HKD 268,000).
• COS Printers Pte Ltd. remains a member of the Ethical Trading Initiative (ETI).

Governance Achievements

• Established robust systems to ensure compliance with environmental and labor regulations.
• Implemented anti-corruption policies and procedures.
• Conducted periodic corruption risk assessments.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic causing supply chain disruptions and increased costs.
• Climate change risks (extreme weather, regulatory changes).

Mitigation Strategies

• Implemented hygiene standards and minimized face-to-face communication.
• Formulated emergency plans to deal with extreme weather.
• Integrated climate change risks and opportunities into business strategies.
• Increased climate resilience.

Supply Chain Management

Supplier Audits: Self-assessment questionnaires and/or internal audits

Responsible Procurement

• Supplier code of conduct requiring environmental responsibility, human rights, and business ethics.
• Procurement of FSC-certified paper products.
• Procurement of energy-efficient office equipment.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather (storms, flooding)

Transition Risks

• Regulatory changes (carbon neutrality)
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: ESG reporting guide set out in Appendix 27 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited

Certifications: ISO 14001:2015 (PRC and Australia), ISO 9001:2015 (major facilities), OHSAS 18001:2007 (PRC), FSC-COC (C.O.S and Papercraft)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced Scope I and II emissions by 3% to 20,525 tCO2e.
• Reduced carbon intensity (Scope I and II) by 32% to 8.2 tCO2e per HKD million revenue.
• Reduced hazardous waste by 11% to 131.2 tonnes.
• Reduced hazardous waste intensity by 42% to 0.05 tonnes per HKD million revenue.
• Reduced non-hazardous waste intensity by 29% to 5.45 tonnes per HKD million revenue.
• Recycled 99% (11,677.7 tonnes) of paper waste.

Social Achievements

• Provided 5,016 training hours (average 2.8 hours per employee).
• No work-related fatalities; reduced work-related injuries by 32% to 28 cases.

Governance Achievements

• Zero incidents of non-compliance with anti-corruption laws and regulations.
• Implemented anti-corruption guidelines in staff handbook.

Climate Goals & Targets

Environmental Challenges

• High energy consumption due to large offset printing presses.
• Scope III emissions from business travel increased due to lifting of COVID restrictions.
• High employee turnover rate (47%).

Mitigation Strategies

• Improved energy consumption planning and equipment upgrades (e.g., replacing vacuum pumps).
• Limiting business travel and using direct flights when necessary.
• Regular review of compensation policies and systems to ensure competitiveness.

Supply Chain Management

Supplier Audits: Self-assessment questionnaires and/or internal audits

Responsible Procurement

• Supplier code of conduct; requiring compliance with environmental and social policies.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events causing damage to assets and operational disruptions; supply chain disruptions.

Transition Risks

• Increased legal responsibilities, investment needs, and training costs due to transition to low-carbon economy.

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: HKEx ESG Reporting Guide

Certifications: ISO 14001:2015 (PRC and Australia), FSC-COC (1010 Printing, C.O.S, Papercraft)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Sustainable deposits aligned with UN SDGs.

Sustainable Products & Innovation

• Products printed using responsibly sourced paper (FSC certified).

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced Scope 1 emissions by 9% (from 581.8 tCO2e to 529.0 tCO2e)
• Reduced carbon intensity (Scope I and II) by 4% (from 8.2 tCO2e per HKD million revenue to 8.5 tCO2e per HKD million revenue)
• Reduced non-hazardous waste intensity by 5% (from 5.5 tonnes per HKD million revenue to 5.2 tonnes per HKD million revenue)
• Recycled 95.9% of 11,634.0 tonnes of collected material (primarily paper)

Social Achievements

• No work-related fatalities
• Reduced number of work-related injuries by 18% (from 28 to 23 cases)
• Provided 7,308 training hours (average 5.4 hours per staff)
• Maintained a zero-tolerance policy for child and forced labor

Governance Achievements

• Established an ESG Working Group to advise the Board on ESG strategies
• Maintained compliance with all major applicable laws and regulations related to employment, occupational health and safety, anti-corruption, and data protection
• Implemented a share option scheme (ended in Dec 2023)

Climate Goals & Targets

Environmental Challenges

• High employee turnover rate (54.9%)
• Challenges in reducing energy consumption due to reliance on large offset printing presses
• Climate change risks (extreme weather, regulatory changes)
• Supply chain disruptions

Mitigation Strategies

• Regular reviews of compensation policies
• Improved energy consumption planning, equipment upgrades, and energy conservation initiatives
• Integration of climate change risks and opportunities into business strategies
• Continuous assessment of supplier risks and supply chain mapping

Supply Chain Management

Supplier Audits: Self-assessment questionnaires and/or internal audits

Responsible Procurement

• Supplier code of conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: HKEx ESG Reporting Guide

Certifications: ISO 14001:2015 (PRC and Australia), FSC-COC (1010 Printing, C.O.S, Papercraft)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Sustainable deposits aligned with UN SDGs

Sustainable Products & Innovation

• Products printed with FSC-certified paper

Awards & Recognition

• Not disclosed