Climate Change Data

Metropolis Capital Holdings Limited

Climate Impact & Sustainability Data (2018, 2023)

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:15.91 tonnes CO2e
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:15.91 tonnes CO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:24,528 kWh
Water Consumption:Not disclosed
Waste Generated:3.94 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Actively adopted electricity-saving and energy-saving measures to reduce GHG emissions.
  • Implemented waste sorting and recycling programs in offices.
  • Promoted the use of electricity-saving equipment and encouraged employees to turn off power when not in use.

Social Achievements

  • Established a fair, equitable, reasonable, and competitive remuneration system for employees.
  • Complied with national and local government regulations by adopting a fair, just and open recruitment process.
  • Provided training programs for employees to enhance their skills and knowledge.

Governance Achievements

  • Established three committees: Audit Committee, Nomination Committee, and Remuneration Committee.
  • Implemented an anti-corruption system with a whistleblowing mechanism.
  • Complied with the Corporate Governance Code (except for code provision A.2.1).

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • The Group’s finance leasing business is concentrated in the lease of vehicles. Any decrease in use of vehicles in the PRC due to any change in the PRC government’s policies or a slowdown in PRC’s economy could affect the general spending power of its people and could have an adverse effect on the Group’s financial conditions, results of operation and growth prospects.
  • The Group depends on the continued efforts of its senior management team and other key employees for its success.
Mitigation Strategies
  • Focus on improving risk management skills while seeking customers with good credit background so as to improve the Group’s asset quality and profitability.
  • Continuously encourage teamwork to enhance its business development capability.
  • Continuously monitor and review the operation and performance of the risk management system, and to improve the system from time to time to adapt to the changes in market conditions and regulatory environment.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Appendix 20 of the GEM Listing Rules

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:16.26 tCO2e/year
Scope 1 Emissions:–
Scope 2 Emissions:16.26 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:28.51 MWh/year
Water Consumption:Not disclosed
Waste Generated:3.38 tons/year
Carbon Intensity:0.44 tCO2e/employee

ESG Focus Areas

  • Environmental protection
  • Occupational health and safety
  • Labor standards
  • Supply chain management
  • Anti-corruption

Environmental Achievements

  • Maintained total non-hazardous waste intensity at approximately 0.09 tonnes per employee.

Social Achievements

  • Zero reported cases of work-related injuries during the reporting period.
  • Implemented various training programs for employees.

Governance Achievements

  • Established an anti-corruption and whistle-blowing mechanism.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Maintain or reduce total GHG emission intensity for 2024.
  • Maintain or reduce total non-hazardous waste intensity in 2024.

Environmental Challenges

  • Decrease in finance leasing services and lower net income from finance leasing advisory services.
  • Fierce competition in the domestic market leading to increased staff costs and operating expenses.
  • Increased amount of factoring receivables, especially overdue and unpaid ones.
Mitigation Strategies
  • Business innovation and exploration in niche markets.
  • Extensive internal control review to identify inefficiencies.
  • Active credit risk control, including suing overdue customers and reclaiming/disposing of vehicles.
  • Forming strategic partnerships with financial institutions to improve funding.
  • Expanding intermediaries to reduce costs.
  • Considering business diversification to broaden income sources.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct (adopting energy-saving measures and ensuring a fair and equal workplace)

Climate-Related Risks & Opportunities

Physical Risks
  • Typhoons and natural disasters disrupting business operations
Transition Risks
  • Higher operating costs due to potential regulatory changes related to carbon reduction.
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide under Appendix C2 of the GEM Listing Rules

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed