Climate Change Data

Tian Ge Interactive Holdings Limited

Climate Impact & Sustainability Data (2019, 2023)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:648.11 tCO2-eq/year
Scope 1 Emissions:71.13 tCO2-eq/year
Scope 2 Emissions:576.98 tCO2-eq/year
Total Energy Consumption:1,038.31 MWh/year
Water Consumption:1,447.30 m3/year (Jinhua and Beijing offices only)
Waste Generated:96.82 tons/year
Carbon Intensity:1.29 tCO2-eq/employee (2019), 1.52 tCO2-eq/employee (2018)

ESG Focus Areas

  • Environmental Sustainability
  • Employee Well-being
  • Community Investment
  • Information Security and Customer Privacy Protection
  • Intellectual Property Protection

Environmental Achievements

  • Achieved paperless business operation in running live social video platforms in China.
  • Actively implemented the concept of “green office” by increasing employees’ awareness about the importance of energy saving, recycling and waste reduction.
  • Reduced total tCO2-eq emissions from 807.77 to 648.11

Social Achievements

  • Donated RMB100,000 to repair the damaged fire protection system of an old building for the sake of safety of the local community.
  • Distributed two hundred new warm cashmere sweaters to janitors in Yintaicheng.
  • Conducted a charity sale event “2019 Charity Live Stream for Poverty Alleviation” to help eradicate rural poverty.

Governance Achievements

  • Established a comprehensive internal control system to promote integrity and compliance with all laws and regulations.
  • Became a member of Trust and Integrity Enterprise Alliance (TIEA) to fight against corruption.
  • Implemented a whistleblowing policy for reporting suspected wrongdoings.

Climate Goals & Targets

Environmental Challenges

  • Decreased revenue and profit due to market competition, government regulation, and decline in smartphone sales.
  • Decreased monthly active users (MAUs) and quarterly paying users (QPUs).
  • Potential risks associated with contractual arrangements with PRC Operating Entities.
Mitigation Strategies
  • Successfully transformed and upgraded its operations, entering a stable development stage.
  • Optimized and upgraded its platforms with streamlined and innovative contents.
  • Promoted overseas market expansion and project implementation.
  • Implemented various mitigation actions to address risks associated with contractual arrangements (detailed in the report).

Supply Chain Management

Responsible Procurement
  • Established Code of Conduct for suppliers and business partners, encouraging them to comply with applicable laws and regulations and maintain good business ethics.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Awards & Recognition

  • 2019 Dedication Award
  • 2019 Golden Hong Kong Stocks Awards - The Best small-and-mid-cap companies
  • Certificate of Honor for “2019 Glorious Charity”

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:192.76 tCO2-eq/year
Scope 1 Emissions:27.75 tCO2-eq/year
Scope 2 Emissions:165.01 tCO2-eq/year
Total Energy Consumption:374.70 MWh/year
Water Consumption:3,421.00 m3/year
Waste Generated:21.29 tons/year
Carbon Intensity:1.84 tCO2-eq/employee

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced air emissions (NOx, SOx, PM) compared to 2022.
  • Reduced GHG emissions compared to 2022.
  • Reduced waste generation compared to 2022.
  • Implemented various energy-saving measures (reflective panels, switching off idle appliances, promoting public transport, etc.).
  • Implemented water-saving measures (drip irrigation, water-saving reminders, staff education).

Social Achievements

  • Maintained a diverse workforce.
  • Implemented various employee well-being initiatives (annual dinner, team-building activities, flexible work arrangements).
  • Provided competitive remuneration packages and benefits.
  • Provided anti-corruption training to directors and staff.
  • Zero work-related fatalities and lost days due to work injury.

Governance Achievements

  • Established an internal control system to prevent corruption and bribery.
  • Established a whistleblowing policy.
  • Member of the China Enterprise Anti-Fraud Alliance.

Climate Goals & Targets

Environmental Challenges

  • Cybersecurity challenges.
  • Potential risks from climate change (extreme weather events, ambitious climate policies).
Mitigation Strategies
  • Developed information security management policies and controls.
  • Closely monitoring local weather conditions and implementing emergency preparedness measures.
  • Regularly monitoring government policies and market trends to adjust climate-related policies.

Supply Chain Management

Responsible Procurement
  • Suppliers’ Code of Conduct (including green procurement requirements).

Climate-Related Risks & Opportunities

Physical Risks
  • Increased severity and frequency of extreme weather events.
Transition Risks
  • More ambitious climate policies and regulations.

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide