Majestic Dragon Aerotech Holdings Limited (Majestic Dragon; HKEX:00918) has published its Environmental, Social and Governance (ESG) Report covering the 12 months to 31 March 2026, detailing expanded disclosures and updated sustainability targets across its garment, property, unmanned-aerial-vehicle (UAV) parts, and timepiece operations in Hong Kong and Mainland China.
Environmental performance • Total greenhouse-gas (GHG) emissions reached 363.68 tCO₂e, equal to 4.33 tCO₂e per employee. The rise from 137.83 tCO₂e in the previous year reflects business expansion—especially in the UAV parts segment—and the company’s first-time inclusion of additional Scope 3 categories. • Scope 1 emissions were 28.44 tCO₂e, primarily from consumption of 6,336.57 litres of petrol and 4,262.71 litres of diesel. Scope 2 emissions from purchased electricity totalled 193.34 tCO₂e. Newly disclosed Scope 3 emissions amounted to 141.90 tCO₂e, driven mainly by purchased goods and services. • Management has reset FY2025/26 as the new baseline and aims to trim the per-employee emission intensity by 10 % by 2033, aligning with national and global climate goals. • Combined energy use climbed to 433,440 kWh—up 62 % year on year—after relocation to larger premises and the opening of two training centres for the UAV business. A 10 % reduction in electricity consumption by 2033 (versus FY2023/24 levels) remains in place. • Water consumption rose to 1,754 m³, or 20.88 m³ per employee, reflecting facility expansion. • Non-hazardous waste intensity increased to 12.14 kg per employee; a 10 % reduction by 2033 is targeted. The group reported no significant hazardous waste generation or environmental non-compliance cases.
Climate-risk assessment Majestic Dragon mapped acute physical, chronic physical, market, technology, and policy/legal risks across short-, medium- and long-term horizons, rating most as low to medium. The board has integrated climate considerations into risk management and will conduct detailed scenario analyses in future reports.
Social indicators • Headcount stood at 84 employees (76 % male; 24 % female). Annual staff turnover reached 61 %, mainly among frontline personnel. • All employees received training, averaging 12 hours each, across occupational safety and anti-corruption topics. One work injury led to 106 lost days; no fatalities occurred. • The group reported zero cases of non-compliance with employment, health & safety, child-labour or forced-labour regulations.
Governance and supply chain • Anti-corruption policies align with Hong Kong and PRC legislation; no corruption cases were recorded. Anti-corruption training for all staff and directors is planned for the coming year. • Supplier assessments covered 151 partners in Hong Kong and Mainland China, focusing on quality, safety and environmental compliance. • Intellectual-property protection remains a priority; the company added 13 new patents during the year, bringing its total portfolio to 113 patents (19 invention, 43 utility model, 51 design).
Forward sustainability roadmap Majestic Dragon confirms commitment to Hong Kong’s 2050 carbon-neutrality target and Mainland China’s 2060 goal. While no carbon-pricing mechanisms or climate-linked remuneration are yet in place, the group intends to enhance data coverage, broaden Scope 3 reporting and integrate quantified climate-related financial impacts into future disclosures.