Note:

(1)CarbonCare® ESG Label

There are four levels of recognizing achievement in ESG reporting. The number of leaves on the CarbonCare® ESG Label indicates that the awardee has adhered to the ‘comply or explain’ provisions of the HKEX ESG Guide on general disclosures and environmental KPIs; and at the same time disclosed the following one, two, three or four areas in the year of application:

a. governance structure with Board accountability on ESG-related issues in the Company; or
b. materiality assessment through dedicated stakeholder engagement process(es); or
c. KPIs in at least 5 out of the 8 Social Aspects (B1 – B8) in the ESG Guide; or
d. climate-related policies and risk-mitigation actions.

(2) CarbonCare® Star Label
The awardees are committed achievers who have managed to attain the CarbonCare® Label or the CarbonCare® Champion Label continuously over a period of three years or more (including 2020).

(3) CarbonCare® Label & CarbonCare® Champion Label
The awardees of the CarbonCare® Label and the CarbonCare® Champion Label are achievers of carbon emissions reduction through concrete actions in measuring, reducing and offsetting (MRO) their carbon footprints.

There are six CarbonCare® Labels representing the different levels of achievement in carbon reduction/neutrality – with green labels in one, two, three, four and five leave(s) respectively indicating the achievement of 5% (starter), 20%, 40%, 60% and 80% emissions in the application year against a defined base year, and a gold CarbonCare® Champion Label representing carbon neutrality through the purchase of carbon offsets.