Annual Report 2024

88 China Merchants China Direct Investments Limited Annual Report 2024 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT (CONTINUED) ENVIRONMENTAL PROTECTION (CONTINUED) Green Office and Operation (continued) Environmental Impact Management The Company and the Investment Manager aim to reduce our footprint on the environment and natural resources. An environmental management system has been founded and is carried out along with the “Green Office Guideline” that is included in the induction package, offering useful sustainable office tips for employees and the management to adapt in and out of the office environment. The ESG Taskforce is in charge of promoting and updating the guideline. Given the business nature of the Company and the Investment Manager, we have not been aware that there is any significant impact from our business operations on the environment, natural resources and climate change. Nevertheless, the Company and the Investment Manager will try to minimise the impacts we have on the environment to a reasonable extent. An example is to consider environmental friendliness as one of our criteria when making procurement decision. Water Consumption The Company and Investment Manager operate in a sub-leased office and the source of water and its supply are controlled and managed by the office’s management. Therefore, there is no designated water meter to monitor the water usage of the office of operations. We fully understand that water is very precious and measures are necessary to be taken to keep the consumption of water to minimal. For example, to emphasise the importance of cultivating employees’ awareness and habits of water conservation, we constantly encourage employees to develop good habit of conserving all types of resources including water in order to reasonably avoid water wastage. The water source is from Hong Kong Water Supplies Department and it poses no sourcing and issues or risks to our operations. The Company and the Investment Manager have set the following target: Target 5 To consider the water conservation policy and measures adopted by the buildings as one of the selection criteria for new rental offices by 2025. We would consider a number of factors when selecting new rental offices; for example, whether the landlord has been: ‧ implementing efficient water system design with a smart function of leakage detection; ‧ collecting used water for cooling purposes, floor cleaning and yard washing; and ‧ turning off the water supply system at night and on holidays. During the Reporting period, we continue to consider the water conservation policy in place for selection of new rental offices to attain Target 5.