Climate Change Data

CEC International Holdings Limited

Climate Impact & Sustainability Data (2023-05 to 2024-04)

Reporting Period: 2023-05 to 2024-04

Environmental Metrics

Total Carbon Emissions:9,845 tCO2e/year
Scope 1 Emissions:312 tCO2e/year
Scope 2 Emissions:9,419 tCO2e/year
Scope 3 Emissions:114 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:21,969,000 kWh/year
Water Consumption:5,028 m3/year
Waste Generated:74 tons/year
Carbon Intensity:0.22 tCO2e per square meter

ESG Focus Areas

  • Waste Management
  • Use of Packaging Materials
  • Energy Conservation
  • Greenhouse Gas Emission
  • Health and Safety
  • Development and Training
  • Product Safety and Quality
  • Personal Data and Privacy Protection
  • Complaints about products and services
  • Supporting the Community

Environmental Achievements

  • Increased the proportion of shops with installed electronic advertising screens by approximately 25% compared to last year, reaching 43.6%
  • Recycled approximately 0.3 tonnes of plastic wraps
  • More than 90% of shops have fully adopted LED lightings

Social Achievements

  • Average monthly turnover rate of employees was 4.5%, similar to the previous year
  • Ratio of employees trained was 90%, and the average training hours per employee was 1.5 hour
  • No work-related fatalities

Governance Achievements

  • Maintained the prescribed amount of public float as required under the Listing Rules
  • Renewed the directors’ and officers’ liability insurance

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Increase the proportion of shops with installed electronic advertising screens by 10% each year

Environmental Challenges

  • Decreased revenue in retail business due to increased outbound travel and persistent low sales revenue after 8:00 pm
  • Deteriorating global economy and decreased demand for industrial products in electronic components manufacturing business
  • Keen competition in the retail market
Mitigation Strategies
  • Adjusted importing product mix and inventory weighting
  • Proactively adjusted its importing product mix and inventory weighting by decreasing the total procurement volume, greatly reducing the shares of rice, cooking oil, eggs and frozen foods, and increasing the shares of snack and leisure food
  • Proceeded a cost-saving project, ceasing the operation of a wholly-owned subsidiary in Singapore
  • Actively identifying potential sites for new stores
  • Continuously refresh its products and expand its product sourcing reach
  • Strengthening our global sourcing capabilities

Supply Chain Management

Supplier Audits: Regular assessment based on past performance

Responsible Procurement
  • Ethical procurement policy (prohibition from use of child and forced labour, compliance with minimum labor remuneration and benefits, safe working conditions, and compliance with international environmental protection standards)

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events impacting store operations, transportation, and supply chains
Transition Risks
  • Regulatory changes related to climate action (e.g., plastic waste regulations)
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Appendix 27 (now known as Appendix C2) “Environmental, Social and Governance Reporting Guide” to the Rules Governing the Listing of Securities

Certifications: ISO9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed