Tysan : 2020 Environmental, Social and Governance Report

Tysan Holdings Limited

泰 昇 集 團 控 股 有 限 公 司

(Incorporated in Bermuda with limited liability) (Stock Code : 687)

Environmental, Social

and Governance Report

2020

Tysan Holdings Limited

Environmental, Social and Governance (ESG) Report

Table of Contents

			Pages
1.	Company Profile	3
2.	About this Report	3
	2.1. Reporting Standard, Period and Scope	3
	2.2.	Contact Details	4
3.	Board's Statement	4
4.	Ongoing Communication with Stakeholders	4
5.	Sustainability in Operations	6
	5.1.	Responsible Sourcing	6
	5.2.	Energy Efficiency	7
	5.3.	Water Conservation	10
	5.4.	Waste Management	11
	5.5. Mitigation of Environmental Impacts	13
	5.6. Case Study: Implementing Good Environmental	14
		Mitigation Measures at Construction Sites
6.	Value Creation for People	15
	6.1. Developing a Workplace Safety Culture	15
	6.2. Recruiting and Retaining Talents	18
	6.3. Adhering to Business Ethics	21
	6.4. Building a Harmonious Workplace	21
7.	Striving for Operational Excellence	22
	7.1.	Quality Assurance	22
	7.2.	Complaint Handling Mechanism	23
8.	Caring for Community	24
9.	Way Forward	24
10.	ESG Content Index	25

• Environmental, Social and Governance (ESG) Report 2020

Tysan Holdings Limited

Environmental, Social and Governance (ESG) Report

1. Company Profile

Tysan Holdings Limited (the "Company", together with its subsidiaries the "Group") has been listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") since 1991 (Stock Code: 687). The principal businesses of the Group include foundation piling and site investigation, property development and investment, and investment businesses. The Group believes that sustainable development is the foundation to high- quality property development and foundation works.

2. About this Report

2.1. Reporting Standard, Period and Scope

This report was prepared in accordance with the Environmental, Social and Governance ("ESG") Reporting Guide set out in Appendix 27 of the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules"). Information regarding corporate governance is included in the section of corporate governance report in the annual report of the Company according to Appendix 14 of the Listing Rules.

This report covers the Group's ESG-related activities from 1 January 2020 to 31 December 2020 (the "Reporting Period"). The Group strictly adheres to the principles of materiality, quantitative, balance and consistency to report on the relevant measures and performances during the Reporting Period.

Reporting principles table

REPORTING	APPLICATION
PRINCIPLES
MATERIALITY	To identify the material ESG-related issues to the Group, we
	conducted stakeholder engagement surveys to collect the opinions
	from the management and general staff, and incorporated the
	material ESG issues into the Group's core business strategy.
QUANTITATIVE	The Group discloses its ESG performances in a quantitative
	manner to allow assess and comparison of performance over time.
	Definition and calculation formulae are clearly explained for better
	understanding by the stakeholders.
BALANCE	The Group prepares this report based on balance and fair
	information, and discloses the achievements and challenges of the
	ESG performances in a transparent manner.
CONSISTENCY	This report is prepared according to the ESG Reporting Guide
	issued by the Stock Exchange to provide consistent and comparable
	disclosures.

Environmental, Social and Governance (ESG) Report 2020

3

Tysan Holdings Limited

Environmental, Social and Governance (ESG) Report

The reporting boundary and scope of this report covers the Group's operations involving foundation piling in Hong Kong only, including the head office and 27 construction sites.

The Group has appointed Allied Sustainability and Environmental Consultants Group Limited (Stock Code: 8320) as an independent consultant to provide ESG consultancy and reporting services.

2.2. Contact Details

To continuously improve the Group's sustainability strategies, we welcome any feedbacks and suggestions from our stakeholders. If you have any comments or enquiries, please contact the Group at:

Tysan Holdings Limited

20/F, One Island South,

2 Heung Yip Road, Wong Chuk Hang,

Hong Kong

Tel: [phone]

E-mail: [e-mail]

3. Board's Statement

The board of directors of the Company (the "Board") is fully responsible for the oversight and decision making of the Group's ESG governance. Other departments such as the Foundation Department, Safety Department, Human Resources and Administration Department and Corporate Affairs Department collaborate and implement the ESG approaches, policies and action plans of the Group.

We have established environmental and social policies that compose the groundwork of our internal Integrated Management System ("IMS"). This functions as the channel to introduce sustainability elements into our daily operations and protects the well-being of the environment, our staff and our community. In order to systematically implement the IMS, the Group has implemented the Integrated Management Policy in fulfilling the terms of quality, environment, occupational, health and safety, risk and energy aspects.

Environmental protection and social contributions of enterprises play an important role in the Group's business and the steady growth of the Group relies on the support and trust from stakeholders, such as customers, suppliers, employees, shareholders, investors, business partners and the local community. We have invited our management staff to take part in a stakeholder survey for the purpose of collecting their perspectives on various ESG topics. With their valuable insights, the Company is better positioned to make informed decisions on allocating resources on major ESG matters.

4. Ongoing Communication with Stakeholders

The Group recognizes the importance of stakeholders' participation for the continuous improvement of its sustainability performance. In order to understand the opinion of the stakeholders on its operations and ESG- related issues, the Group maintains close communication with different stakeholders which benefits the Group's business development by addressing and prioritizing the issues that stakeholders are more concerned. With stakeholders' opinion, the allocation of resources of the Group has been enhanced and the Group would be able to address major issues identified accordingly.

• Environmental, Social and Governance (ESG) Report 2020

Tysan Holdings Limited

Environmental, Social and Governance (ESG) Report

The Group appointed an independent consultant to identify and review various ESG issues and the following major issues were identified:

ESG Material Topics Table

The Group has incorporated these ESG-related issues into its core business strategy, as well as addressing them in this report.

ENVIRONMENTAL TOPICS

WASTE RECYCLING

AND MANAGEMENT

					GREENHOUSE
					GAS EMISSION
			AIR QUALITY
			CONTROL
				WASTEWATER
				WATER	MANAGEMENT
				CONSUMPTION
CONSTRUCTION	CONSTRUCTION		ENERGY
NOISE
			MATERIAL		USAGE
			MANAGEMENT AND
			SELECTION

COMMUNITY

QUALITYINVESTMENT

CONTROL

TRAINING AND	EMPLOYMENT AND
DEVELOPMENT	LABOR PRACTICES

OCCUPATIONAL

HEALTH AND SAFETY

SUPPLY CHAIN

MANAGEMENT

ANTI-CORRUPTION

SOCIAL TOPICS

Environmental, Social and Governance (ESG) Report 2020

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