Climate Change Data

Lerado Financial Group Company Limited

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

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:36.0 tonnes of CO2-e
Scope 2 Emissions:36.0 tonnes of CO2-e
Total Energy Consumption:44,973 kilowatt hours
Carbon Intensity:4.5 tonnes of CO2-e/employee

ESG Focus Areas

  • Employment
  • Health and safety
  • Development and training
  • Anti-corruption
  • Efficient use of energy

Environmental Achievements

  • Reduced electricity consumption from 48,770 kilowatt hours in 2019 to 44,973 kilowatt hours in 2020.
  • Implemented various initiatives to reduce electricity usage, including switching to LEDs, improving equipment efficiency, and optimizing air conditioning and lighting.

Social Achievements

  • Maintained harmonious labor relations.
  • Provided employees with lawful and reasonable remuneration, including basic salary, allowances, and bonuses.
  • Offered employees 20 training hours in 2020.
  • Organized entertainment activities and provided flexible working hours to improve work-life balance.
  • Provided medical, accident, and life insurance for employees.

Governance Achievements

  • Established an audit committee, remuneration committee, and nomination committee to monitor governance.
  • Implemented risk management and annual risk appraisal to identify and mitigate potential risks.
  • Employed independent accountants for third-party verification to protect shareholder interests.
  • No legal cases regarding corrupt practices were brought against the Company or its employees during the reporting period.

Climate Goals & Targets

Environmental Challenges

  • Reducing GHG emissions from energy consumption in office operations.
Mitigation Strategies
  • Encouraging employees to use video conferencing instead of business travel to reduce carbon emissions.
  • Encouraging employees to use public transport.
  • Implementing various energy efficiency measures (e.g., using energy-efficient products, replacing traditional lamps with LEDs).

Supply Chain Management

Responsible Procurement
  • Applies principles of openness, fairness, and transparency in selecting underwriters and placing agencies, considering their background, history, achievements, and performance.

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

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:15.1 tonnes of CO2e
Scope 1 Emissions:–
Scope 2 Emissions:14.9 tonnes CO2e
Scope 3 Emissions:0.2 tonnes CO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:21.0 MWh
Water Consumption:0.9 m3
Waste Generated:Not disclosed
Carbon Intensity:3.0 tonnes CO2e per employee

ESG Focus Areas

  • Employment
  • Health and safety
  • Development and training
  • Anti-corruption
  • Use of resources

Environmental Achievements

  • Achieved a 15% reduction in energy intensity by 2025 (using 2020 as the baseline year).

Social Achievements

  • Provided 3 hours of anti-corruption training per employee (100% of employees trained).
  • Maintained a 60% female to 40% male gender ratio in the workforce.

Governance Achievements

  • Established an ESG Working Group to oversee ESG policies and measures.
  • Complied with the Corporate Governance Code (CG Code) as set out in Appendix 14 to the Listing Rules.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce energy consumption by 15% by 2027 (using 2022 as the baseline year).
Short-term Goals:
  • Reduce energy consumption by 15% by 2025 (using 2020 as the baseline year).

Environmental Challenges

  • Increased frequency and severity of extreme weather events in Hong Kong, potentially disrupting business operations.
  • Weak market conditions and decline in investor enthusiasm affecting asset management business.
Mitigation Strategies
  • Implementing specific precautionary measures and reviewing existing emergency plans for extreme weather.
  • Adopting a cautious and flexible strategy to address market changes and focusing on existing businesses.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Applies principles of openness, fairness, and transparency to select underwriters and placing agencies.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (typhoons, storms, heavy rains) disrupting operations.
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Appendix 27 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

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:14 tCO2e/year
Scope 1 Emissions:– tCO2e/year
Scope 2 Emissions:13.9 tCO2e/year
Scope 3 Emissions:0.2 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:73.44 GJ/year
Water Consumption:0.32 m3/year
Waste Generated:Not disclosed
Carbon Intensity:2.8 tCO2e/employee

ESG Focus Areas

  • Employment
  • Health and safety
  • Development and training
  • Anti-corruption
  • Use of resources

Environmental Achievements

  • Achieved a 15% reduction in energy intensity by 2025 (using 2020 as the baseline year).

Social Achievements

  • Maintained zero work-related fatalities and zero lost days due to work injury in 2023.
  • 100% of employees received 3 hours of anti-corruption training.

Governance Achievements

  • Established an ESG Working Group to oversee ESG policies and measures.
  • Implemented a strict recruitment policy employing only applicants aged 18 or above, ensuring zero forced labor.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce energy intensity by 15% by 2027
Short-term Goals:
  • Reduce energy intensity by 15% by 2025

Environmental Challenges

  • Potential disruption of business operations due to increased frequency and severity of extreme weather events in Hong Kong.
Mitigation Strategies
  • Carrying out specific precautionary measures and reviewing existing emergency plans for extreme weather.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Openness, fairness, and transparency in selecting underwriters and placing agencies; compliance with the Securities and Futures Ordinance.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (typhoons, storms, heavy rains) disrupting operations and injuring employees.
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed