Oi Wah Highlights ESG Progress: Tight Emissions Control, Modest Waste Uptick and 10% Carbon-Cut Target by FY31

Bulletin Express
Jun 29

Oi Wah Pawnshop Credit Holdings Limited released its FY26 (1 Mar 2025–28 Feb 2026) Environmental, Social and Governance Report, outlining stable environmental metrics, conservative risk assessments and new medium-term carbon-reduction goals.

Environmental Performance • Power consumption remained the group’s dominant energy use. Electricity demand rose 8.7 % year on year to 127,016.83 kWh, lifting energy-intensity 4.5 % to 2,442.63 kWh per employee, yet scope 2 emissions slipped 0.8 % to 50.57 tCO₂e owing to a lower grid-emission factor. • Total reported greenhouse-gas emissions (Scopes 2 and 3) were essentially flat at 53.02 tCO₂e (FY25: 52.95 tCO₂e). • Non-hazardous waste increased to 0.60 tonne (FY25: 0.46 tonne), driven by higher paper use and cyclical bulk purchases of plastic security bags. Waste intensity rose to 0.011 tonne per employee. The group generated no hazardous waste. • Water use remains “minimal and immaterial”; quantitative disclosure is not provided due to low volumes.

Climate Strategy and Targets • Board-level oversight is in place, supported by an ESG Committee that reports at least annually. • Scenario analysis using SSP5-8.5 and IEA pathways judged both physical (typhoon, flooding, heat) and transition risks (electricity cost, potential carbon pricing) as low for the largely office-based business. • New absolute emissions goal: cut gross GHG output 10 % from the FY26 baseline (53.02 tCO₂e) by FY31—without reliance on carbon credits. • Resource-efficiency targets aim to keep energy- and waste-intensity between 90 % and 120 % of FY26 baselines through FY30.

Social Metrics • Workforce totalled 52 employees, all in Hong Kong; turnover was 3.85 %, with zero female departures. • Training reached 15.38 % of staff, averaging 0.28 hour per employee; senior management averaged 1.64 hours. • No work-related fatalities or lost-time injuries recorded in the past three years. • Compliance: no breaches of employment, health-and-safety, environmental, privacy or anti-corruption regulations; no corruption cases or significant customer complaints.

Governance and Stakeholder Engagement • Material issues prioritised include customer data protection, anti-corruption, resource use and employee welfare. • Regular engagement spans HKEX, regulators, investors, employees and community groups; feedback channels remain open via corporate website and dedicated email.

Outlook Oi Wah will continue to focus on incremental efficiency gains—paperless workflows, energy-saving measures and strengthened flood-prevention protocols—to meet its 2030–31 sustainability targets while maintaining compliance and stakeholder trust.

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