Annual Report 2024

China Merchants China Direct Investments Limited Annual Report 2024 85 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT (CONTINUED) ENVIRONMENTAL PROTECTION (CONTINUED) Green Office and Operation (continued) Waste Management (continued) Non-hazardous office waste management The non-hazardous waste generated by the Company and the Investment Manager was mainly made up of paper and a very limited amount of plastic. During the Reporting Period, the Company and the Investment Manager did not generate considerable amount of hazardous waste in the office-only operations. The table below shows the amount of non-hazardous waste generated and the amount of non-hazardous waste recycled: Non-hazardous office waste Total consumption in 2024 (kg) Consumption intensity in 2024 (kg/total number of employees) Total consumption in 2023 (kg) Consumption intensity in 2023 (kg/total number of employees) Waste disposed (Note 1) 283.80 14.19 124.00 6.89 Waste recycled (Note 2) 363.50 18.18 1,034.90 57.49 Note 1: The reported amount includes the amount of paper purchased. Note 2: The reported amount includes the amount of recycled paper chiefly used for printing annual and interim reports. The paper purchased primarily serves the purpose of printing internal reports. Reduced demand for physical internal reports during the coronavirus pandemic period led to an accumulation of unused paper in 2023, while the resumption of normal purchases in 2024 increased waste disposal. In addition, the requirement for the electronic dissemination of corporate communications by the Listing Rules led to a substantial reduction of consuming recycled paper in 2024. Waste generated by the Company and the Investment Manager are collected by waste management service provided by the building service providers, which are then processed at their discretion. Although the amount of waste that the Company and the Investment Manager produce each year is little, we strongly believe that it is still important to promote the concept of practicing zero waste at our offices, as no resources should be wasted. The Company and the Investment Manager have set the following targets for its sustainable development: Target 1 5% reduction on paper consumption intensity by 2025 as compared with 2020. Target 2 The Investment Manager continues to reduce the consumption of single-use plastics and aim to achieve zero plastic bottles by 2025.