Wang On Group (01222) released its Environmental, Social and Governance (ESG) Report for the year ended 31 March 2026, detailing progress on climate actions, resource efficiency and community investment across its Hong Kong-based fresh-market operations.
Double-Layered Governance • ESG matters are overseen by the Board, with day-to-day execution delegated to an ESG Committee chaired by an Executive Director. • The Committee reports at least annually to the Board on climate risks, opportunities and performance, embedding ESG factors into strategic planning and risk management.
Quantified Climate Performance • Scope 1 and 2 greenhouse-gas emissions fell to 642.56 tCO₂e, a 34.1% reduction from FY2025’s 974.69 tCO₂e, driven mainly by lower vehicle fuel use and reduced electricity demand. • Group electricity use dropped 25% year-on-year to 1,823.63 MWh, while petrol consumption declined 19.1% to 82.06 MWh. • Intensity targets (baseline FY2025) call for 3% cuts in the short term, 6% in the medium term and 16% long term for energy, water, non-hazardous waste and Scope 1&2 GHG emissions.
Resource and Waste Management • Total non-hazardous waste generated was 8,409 tonnes, down 52% from FY2025 following closure of several market sites. • Water consumption rose to 25,549 m³ due to the Group assuming direct metering responsibilities previously borne by tenants. • Energy-efficiency initiatives include LED lighting, motion sensors, optimised equipment scheduling and ongoing exploration of electric vehicle adoption.
Workforce Snapshot and Safety Record • Headcount stood at 73 (46 male, 27 female) with a 72.6% turnover rate during the year. • No work-related fatalities were recorded for a third consecutive year; one injury case led to 18 lost workdays. • Employees completed 120 hours of training (average 1.64 hours per employee) covering induction, health & safety and anti-corruption topics.
Supply Chain and Green Procurement • The Group engaged 261 suppliers, most located in Hong Kong, and applies ESG criteria—including environmental certifications and labour compliance—during tendering and annual performance reviews.
Community Investment • Donations and sponsorships totalled HK$4.25 million, supporting fire-relief efforts, charity rice distribution, youth exchange programmes and traditional cultural events such as the Tai Hang Fire Dragon Dance.
Compliance and Integrity • Wang On reports zero non-compliance cases with environmental, labour, health-and-safety, product-responsibility or anti-corruption laws during FY2026. • All directors and employees completed 18 hours of anti-corruption training, and a confidential whistle-blowing mechanism remains in place.
The Group states that it will continue to refine its carbon accounting boundaries, develop Scope 3 targets, and enhance energy-saving, waste-reduction and community programmes in pursuit of its long-term net-zero ambition.