Climate Change Data

Environmental Metrics

ESG Focus Areas

• Operating Practices
• Community Involvement

Social Achievements

• Established employment policies and guidelines compliant with Hong Kong Employment laws, including equal opportunities, merit-based hiring and promotion, and fair compensation.
• Implemented health and safety policies resulting in no work-related fatalities and a reduction in lost days due to work-related injuries (205 days in FY14/15 vs. 254 days in FY2014).
• Provided over 34 hours of average training and development to over 70% of operations staff in Hong Kong.
• Maintained a zero percentage of total products sold or shipped subject to recalls for safety and health reasons.

Governance Achievements

• Established anti-corruption policies, resulting in no legal cases regarding corrupt practices during the reporting period.
• Implemented a whistle-blowing policy.

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Contracts with suppliers include obligations to not employ bonded or underage labor and to supply products free from toxic materials.
• Suppliers are encouraged to align their values with the Group's Standards of Engagement, which include fair wages, safe working environments, and integration of sustainability principles.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Appendix 27 of the Listing Rules

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced packaging material by nearly 70% year-over-year (0.052 thousand tonnes in FY18/19).

Social Achievements

• Established employment policies compliant with local laws, promoting equal opportunities and merit-based hiring and promotion.
• Provided a safe working environment with regular inspections and maintenance.
• Offered free yearly influenza vaccinations and biennial body check-ups to eligible staff in Hong Kong.
• Engaged in community investment targeting the elderly poor, homeless, immigrant families, and children and youth, partnering with registered charities.

Governance Achievements

• Maintained high standards of corporate governance, complying with the Corporate Governance Code (with some deviations explained in the report).
• Established four board committees (Audit, Remuneration, Nomination, and Corporate Governance) to assist the Board.
• Implemented a whistle-blowing policy.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Partnering with suppliers who share Stelux's principles of fair, honest, and responsible business conduct.
• Contractual obligations for suppliers to avoid bonded or underaged labor and use of toxic materials.
• Encouraging suppliers to adopt Stelux's Standards of Engagement (covering labor standards, fair wages, safe working environment, sustainability principles, and community involvement).

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Corporate Governance Code and Corporate Governance Report (Appendix 14, Hong Kong Listing Rules), Environmental, Social and Governance Reporting Guide (Appendix 27, Hong Kong 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

Environmental Metrics

ESG Focus Areas

• Employment and Labour Practices
• Supply Chain Management and Product Responsibilities
• Anti-Corruption
• Community Investment

Social Achievements

• Established employment policies and guidelines compliant with local employment and labor legislation.
• Implemented work from home, flexi-hours, and staggered lunch hours to enhance social distancing due to the pandemic.
• Offered free yearly influenza vaccinations to staff in Hong Kong (and to their families at discounted rates).
• Offered free basic body check-ups every two years to eligible managerial staff in Hong Kong.

Governance Achievements

• Established anti-corruption policies according to applicable local laws and internal controls to prevent bribery, extortion, and fraud.
• Complied with relevant laws and regulations relating to anti-corruption in FY2020/21.

Climate Goals & Targets

Environmental Challenges

• Pandemic (COVID-19) impacting charitable activities and in-person meetings.

Mitigation Strategies

• Continued collaboration with charities, adapting to virtual meetings and hybrid AGMs.
• Implemented work from home, flexi-hours, and staggered lunch hours to enhance social distancing.

Supply Chain Management

Supplier Audits: Annual audits conducted on existing suppliers; assessment of prospective suppliers.

Responsible Procurement

• Partnering with suppliers who share the Group's principles of fair, honest, and responsible business conduct.
• Supplier contracts include Standards of Engagement addressing labor standards, fair wages, safe working environment, and sustainability principles.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Corporate Governance Code and Corporate Governance Report (Appendix 14, Listing Rules of The Stock Exchange of Hong Kong Limited), Environmental, Social and Governance Reporting Guide (Appendix 27, Listing Rules of The Stock Exchange of Hong Kong Limited)

Third-party Assurance: Not disclosed

Environmental Metrics

ESG Focus Areas

• Employment and Labour Practices
• Supply Chain Management and Product Responsibilities

Social Achievements

• Established employment policies and guidelines compliant with local employment and labor legislation.
• Implemented work from home, flexi-hours, and staggered lunch hours to enhance social distancing during the pandemic.
• Offered free yearly influenza vaccinations to staff in Hong Kong (and to their families at discounted rates).
• Offered free basic body check-ups every two years to eligible managerial staff in Hong Kong.

Governance Achievements

• Complied with the provisions of the Corporate Governance Code except for certain deviations (explained in the report).

Climate Goals & Targets

Environmental Challenges

• Pandemic-related disruptions impacting charitable activities and in-person training.

Mitigation Strategies

• Continued collaboration with charities through alternative methods (e.g., cash donations, product gifting).
• Implemented hybrid AGM to comply with COVID-19 restrictions.
• Utilized e-training and circulated materials for director professional development.

Supply Chain Management

Supplier Audits: Annual audits conducted on existing suppliers; assessments conducted on prospective suppliers.

Responsible Procurement

• Partnering with suppliers who share the Group's principles of fair, honest, and responsible business conduct.
• Supplier contracts include Standards of Engagement addressing labor standards, fair wages, safe working environment, and sustainability principles.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Corporate Governance Code and Corporate Governance Report (Appendix 14, Listing Rules), Environmental, Social and Governance Reporting Guide (Appendix 27, Listing Rules)

Third-party Assurance: Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment
• Employees
• Business Ethics and Quality Services
• Society

Environmental Achievements

• Established objectives to minimize environmental impact, including GHG emission reduction, waste reduction, and energy consumption reduction.
• Implemented measures to reduce air and greenhouse gas emissions, such as optimizing route planning, regular vehicle maintenance, and using energy-efficient office practices.

Social Achievements

• Maintained a strong safety record with only one minor work-related injury.
• Provided annual flu vaccinations and regular health check-ups for eligible employees.
• Contributed HK$192,500 in donations to various organizations and dedicated 11.5 hours to volunteer work.
• Implemented a comprehensive employee training program covering various aspects, resulting in 36.1% of employees receiving training.

Governance Achievements

• Established anti-corruption policies and internal controls to prevent bribery, extortion, and fraud.
• Provided annual anti-corruption training to directors and staff.
• Implemented an effective whistle-blowing policy.

Climate Goals & Targets

Environmental Challenges

• Climate change related physical risks (typhoons, heavy rains) impacting revenue and employee well-being.
• Transition risks related to policy and legal changes, technology advancements, and market/reputation impacts.

Mitigation Strategies

• Regularly assess the risk of natural disasters and formulate corresponding emergency plans.
• Closely monitor policy and regulatory developments to ensure compliance.
• Invest in new technology or upgrade existing materials to less carbon-intensive alternatives.
• Actively engage with stakeholders to understand their expectations on key sustainable development areas.

Supply Chain Management

Supplier Audits: 81 suppliers audited

Responsible Procurement

• Stringent supplier assessment based on compliance with international and local standards (RoHS, REACH, CE), management support systems (ISO, ERP), factory conditions, environmental practices, and employee welfare.

Climate-Related Risks & Opportunities

Physical Risks

• Typhoon
• Heavy rains

Transition Risks

• Policy and legal changes
• Technology advancements
• Market and Reputation impacts

Reporting Standards

Frameworks Used: SEHK’s ESG Reporting Guide

Awards & Recognition

• City Chain awarded 'Brand of the Year' in World Branding Awards

Environmental Metrics

ESG Focus Areas

• Employment and Labour Practices
• Supply Chain Management and Product Responsibilities

Social Achievements

• Established employment policies and guidelines compliant with local employment and labor legislation.
• Implemented numerous energy efficiency initiatives, including reuse of store fixtures (80-90% reuse rate), energy-saving measures in offices, paperless meetings, and centralized stationary ordering.
• Provided a safe working environment with measures such as individual workstations, regular cleaning, fire drills, equipment maintenance, first aid kits, and staff equipment.

Governance Achievements

• Established anti-corruption policies and internal controls to prevent bribery, extortion, and fraud.
• Implemented a whistle-blowing policy with clear reporting procedures.

Climate Goals & Targets

Supply Chain Management

Supplier Audits: Annual process audits of existing suppliers; prospective suppliers assessed according to template criteria.

Responsible Procurement

• Partnering with suppliers who share the Group's principles of fair, honest, and responsible business conduct.
• Contractual obligations for suppliers to avoid bonded or underaged labor and supply products free from toxic materials.
• Standards of Engagement including no compulsion to work, non-discriminatory employment, fair wages, safe working environment, integration of sustainability principles, and community involvement.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Corporate Governance Code and Corporate Governance Report, Environmental, Social and Governance Reporting Guide