ESG Management and Governance - The company is committed to enhancing its ESG management and governance practices[7]. - The company has implemented various strategies to strengthen its ESG governance, including performance gap analysis and setting environmental mitigation goals[9]. - The board is responsible for managing the group's ESG matters, focusing on compliance with the ESG Reporting Guidelines effective from July 2020[10]. - The board reviewed the overall ESG strategy in 2023, emphasizing regulatory compliance, stakeholder relationship management, and product quality improvement[12]. - The group identified 17 key ESG issues through stakeholder engagement and external benchmarking, reflecting significant environmental and social impacts[14]. - A standard questionnaire was distributed to stakeholders to assess the relative importance of identified ESG issues systematically[15]. - The management confirmed and validated the list of important ESG issues disclosed in the report, ensuring relevance and significance[16]. - The board may establish an ESG committee to manage ESG issues and assess their significance annually[11]. - The company emphasizes the importance of stakeholder engagement and external materiality assessments in its ESG reporting[2]. - Stakeholder engagement is crucial, with seven different stakeholder groups identified for effective communication and relationship building[13]. Environmental Impact and Sustainability - The company aims to minimize its environmental impact and mitigate potential climate risks through its Climate Change Policy and Green Office Policy[8]. - The company actively identifies opportunities to integrate sustainable practices into its operations[9]. - The group aims to procure and distribute environmentally friendly and sustainable products to mitigate its environmental impact[20]. - The company has established a "Climate Change Policy" to address climate-related risks and opportunities, aiming to reduce greenhouse gas emissions across its value chain[41]. - The company has implemented green office practices to reduce resource consumption, including energy-efficient lighting and regular maintenance of office equipment[47]. - The company aims to enhance its resilience to extreme weather conditions through its climate change policy, ensuring employee safety during severe weather events[42]. - The company aims to reduce greenhouse gas emissions by 50% by 2027 compared to the 2021 baseline[53]. - The total greenhouse gas emissions (Scope 1 and 2) decreased to 7.14 tons of CO2 equivalent in 2023 from 38.87 tons in 2022, representing an 81.7% reduction[58]. - The total energy consumption in 2023 was 38,184.56 megajoules, down from 176,738.40 megajoules in 2022, indicating a 78.4% decrease[58]. - The company plans to maintain a 100% paper reuse and recycling rate by 2027[53]. - The company achieved a paper reuse and recycling rate of 80% across its offices in Hong Kong, Guangzhou, Shenzhen, and Shanxi[49]. - The company recorded a nitrogen oxide emission of 0.22 kg in 2023, down from 0.47 kg in 2022[58]. - The company aims to implement a general waste monitoring system by 2025[53]. - The company has set waste reduction targets and outlined steps to achieve these goals[65]. - The company has identified and addressed major climate-related issues that could impact its operations[67]. Employee Development and Workplace Practices - The company encourages diversity and supports employee development through various internal training programs[7]. - The company conducted internal training on climate change, waste management, and greenhouse gas emissions, aiming to enhance employee skills and market competitiveness[33]. - The training program included interactive workshops on local climate impacts and strategies to reduce carbon footprints, promoting sustainable practices[34]. - The company encourages employees to participate in external training programs, reimbursing up to 80% of course fees upon completion[35]. - The company has established a whistleblowing policy to address bribery, fraud, and money laundering, ensuring compliance with ethical standards[36]. - The company has not faced any legal cases related to corruption during the reporting period, maintaining a commitment to anti-corruption training for employees[38]. - The company has a clear policy against forced labor and ensures compliance with local labor laws regarding working hours and overtime[39]. - The company maintains high standards of business ethics, focusing on data privacy, intellectual property, and anti-corruption measures[37]. - The company has established policies to provide a safe working environment and comply with relevant laws[68]. - The company has implemented policies to reduce significant impacts on the environment and natural resources[67]. Quality Control and Customer Engagement - The company maintains a cautious approach to sales services and customer engagement, ensuring smooth transaction activities through strict order procedures[21]. - Sales to existing customers typically involve a credit period of 90 to 180 days, while new customers may require deposits or cash on delivery[21]. - The company has implemented strict quality inspection procedures before shipping products to customers, ensuring high-quality standards[22]. - No product recalls or returns occurred during the reporting period, including those related to safety and health reasons[23]. - The company collaborates with 20 suppliers, all of whom meet the established environmental and social responsibility requirements[25]. - The company actively seeks responsible suppliers to promote environmentally friendly products and services within its supply chain[25]. - The company has detailed its quality inspection processes and product recall procedures[69]. Financial Performance and Workforce Metrics - The company reported a total revenue of HKD 234,832,000 in 2024[59]. - Total workforce increased to 27 people in 2024 from 19 in 2023, with a significant rise in male employees from 14 to 22[60]. - Overall turnover rate decreased to 21.74% in 2024 from 134.96% in 2023, with male turnover dropping from 141.94% to 27.78%[60]. - Percentage of trained employees fell to 18.52% in 2024 from 26.32% in 2023, with male training percentage decreasing from 35.71% to 18.18%[61]. - Average training hours per employee decreased to 0.19 hours in 2024 from 0.53 hours in 2023[62]. - The number of suppliers in China decreased to 20 in 2024 from 31 in 2023[62]. - Zero corruption cases concluded in 2024, maintaining a clean record[63]. - Female employee training percentage increased to 20.00% in 2024 from 0.00% in 2023[61]. - The workforce in China increased to 18 people in 2024 from 9 in 2023, while Hong Kong's workforce decreased to 9 from 10[60]. - The percentage of turnover for employees aged 30-40 was 66.67% in 2024, a significant decrease from 191.30% in 2023[60].
松景科技(01079) - 2025 - 年度财报