Climate Change Data

Environmental Metrics

ESG Focus Areas

• Anti-corruption
• Health and safety
• Employment
• Product responsibility
• Labour standards
• Environment and natural resources
• Climate Change

Environmental Achievements

• Achieved carbon neutrality for two years through purchasing and retirement of carbon credits
• Reduced total GHG emissions by 4% compared with FY2022
• Reduced Scope 1 emissions by 6% due to decreased fossil fuel consumption
• Reduced packaging materials by 23% compared to FY2022 due to decreased delivery
• Recycled 249 kg of paper waste, 29.6 kg of plastic waste, 11.1 kg of metal waste and 51.9 kg of glass waste.

Social Achievements

• Implemented comprehensive employee benefits including medical insurance, MPF contributions, and employee compensation insurance
• Organized in-house and external training courses for employees, achieving a 30% training rate with approximately 3.7 hours of average training per employee.
• Provided a total of roughly 270 hours of external training to employees.
• Awarded the Caring Company logo

Governance Achievements

• Established an ESG Working Group led by the Executive and Managing Director
• Engaged an independent audit firm to conduct Enterprise Risk Assessment and Internal Control Review annually
• Implemented anti-corruption seminar by ICAC for Financial Controller
• Established a Supply Chain Policy including supplier code of conduct, ethical trading policy and supplier procedures

Climate Goals & Targets

Environmental Challenges

• Higher employee turnover rate (29%) due to employee migration overseas and some leaving to join food delivery services
• Increased Scope 3 emissions (138%) due to increased business travel after the pandemic
• Increased water consumption (6%) compared with FY2022

Mitigation Strategies

• Optimizing goods vehicle capacity and route planning to reduce transport emissions
• Prohibiting idling trucks
• Regular vehicle maintenance for fuel efficiency
• Training Café staff to reduce water usage
• Monitoring energy and water consumption to set targets for efficient use

Supply Chain Management

Supplier Audits: Annual evaluation assessments

Responsible Procurement

• Supplier code of conduct
• Ethical trading policy
• Supplier procedures
• FSC™ Certification
• Indonesian Timber Legality Assurance System (SVLK)

Climate-Related Risks & Opportunities

Physical Risks

• Heatwaves
• Wildfires

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix 20 to the Rules Governing the Listing of Securities on the GEM Board of The Stock Exchange of Hong Kong)

Certifications: FSC™

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

• Solid FSC™ certified, recycled, or sustainably sourced eco-wood furniture

Awards & Recognition

• Caring Company logo

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employee Well-being
• Supply Chain Management
• Business Integrity
• Community Investment

Environmental Achievements

• Reduced NOx emissions by 21.2%, SOx emissions by 33.3%, and RSP emissions by 22.1% compared to FY2023.
• Reduced Scope 1 and Scope 2 GHG emissions by 11.1% and 7.3% respectively compared to FY2023.
• Recycled 207.5 kg of paper, 113.9 kg of plastic, 128.1 kg of metal and 219.5 kg of glass.
• Reduced total energy consumption by 6.4% compared to FY2023.
• Reduced packaging material for finished goods by 10.5% compared to FY2023.

Social Achievements

• Reduced employee turnover rate to 16% from 29% in FY2023.
• Achieved a 99% resolution rate for 203 product and service-related complaints.
• Provided 235 training hours to employees, averaging 2.9 hours per employee.
• No work-related fatalities and only three work-related injuries recorded, resulting in 4.3 workdays lost.

Governance Achievements

• Established a robust customer complaint management framework.
• Implemented strict anti-corruption policies and provided anti-corruption training to board members and staff.
• Established policies to protect customer privacy and intellectual property rights.

Climate Goals & Targets

Environmental Challenges

• Significant increase in Scope 3 emissions due to increased paper waste disposal.
• Increase in water consumption by 7.3% compared to FY2023.

Mitigation Strategies

• Stricter monitoring of paper usage.
• Training Café staff to minimize water usage.
• Setting targets for GHG emissions, waste management, energy and water conservation.

Supply Chain Management

Supplier Audits: 94 suppliers assessed annually

Responsible Procurement

• Supplier code of conduct
• Ethical trading policy
• Supplier management procedures
• Requirement for sustainable product certifications (e.g., FSC™)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Appendix C2 Environmental, Social and Governance Reporting Guide to the Rules Governing the Listing of Securities on the GEM Board

Certifications: CarbonCare Champion Label, CarbonCare Star Label

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Eco-wood furniture crafted from reclaimed, recycled, FSC™-certified or sustainably sourced wood.

Awards & Recognition

• Not disclosed