CAI CORP (00080) has released its Environmental, Social and Governance Report for the year ended 31 December 2025, prepared in full compliance with HKEX Appendix C2 requirements. The report covers the group’s Hong Kong operations and highlights strengthened oversight of climate-related issues, a detailed scenario analysis and updated environmental metrics. Key takeaways are as follows:
Environmental Performance • Air & GHG Emissions: No Scope 1 or Scope 2 emissions were recorded. Scope 3 emissions, driven mainly by leased-office electricity, staff commuting, air travel and paper disposal, totalled 8.75 tCO₂e (1.75 tCO₂e per employee) versus 0.24 tCO₂e in 2024 when fewer Scope 3 categories were captured. • Energy & Water: Electricity consumption was 6,263 kWh, or 1,253 kWh per employee, based on data from the new office occupied since September 2025. Water use was 75 m³ (15 m³ per employee). • Waste: Non-hazardous paper waste reached 75 kg (15 kg per employee); no hazardous waste was generated. • Targets: Full-year energy data from 2026 will serve as the baseline for future reduction targets, supporting Hong Kong’s Climate Action Plan 2050.
Climate Governance and Scenario Analysis • Board Oversight: The Board, assisted by a Risk Committee and the COO (designated ESG officer), integrates climate risks into overall risk management. An external ESG consultant supported scenario analysis and disclosure alignment with IFRS S2. • Physical Risks: Under both IPCC RCP 2.6 and RCP 8.5 scenarios, typhoon and heavy-rain risks rise to “high” by 2041-2050; heatwaves reach “high” under RCP 8.5. Short-term operational impact is assessed as low to medium. • Transition Risks: Policy, market, technology and reputation risks increase over time, particularly under SSP 5-8.5. The group plans to enhance compliance training, diversify investments towards low-carbon themes and improve ESG data collection. • Opportunities: Better ESG disclosure, green-investment expansion and access to lower-cost capital are identified as medium- to long-term growth drivers.
Social Indicators • Workforce: Headcount remained at five, with an 80% turnover rate. Male turnover was 100%, female 50%. • Training: 40% of employees received training, averaging 2.4 hours each. • Health & Safety: No work-related fatalities or lost-day injuries occurred. • Compliance: No breaches of employment, safety, environmental or anti-corruption regulations were reported.
Supply Chain & Ethics • Suppliers: Six Hong Kong-based service providers were engaged, down from 11 in 2024. Suppliers are vetted on qualifications, past performance and ESG standards; significant non-compliance leads to termination. • Anti-Corruption: A whistle-blowing mechanism is in place; no corruption cases arose during the year.
Financial Impact The company states that, given its office-based model and limited asset base, climate-related risks are not expected to materially affect its financial position, performance or cash flows in the short to medium term. Long-term assessments will be updated as data availability improves.
CAI CORP concludes that its 2025 ESG initiatives have laid the groundwork for setting quantified energy-reduction and emission-reduction targets from 2026, while embedding climate resilience into corporate strategy and risk management.