Annual Report 2022

79 China Merchants China Direct Investments Limited Annual Report 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT (CONTINUED) ENVIRONMENTAL PROTECTION (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 2022 (kg) Consumption intensity in 2022 (kg/total number of employees) Total consumption in 2021 (kg) Consumption intensity in 2021 (kg/total number of employees) Waste disposed 250.00 13.89 436.59 24.26 Waste recycled (Note 1) 1,035.00 57.50 1,050.00 58.33 Note 1: The reported amount includes the consumption amount of recycled paper for printing annual reports and interim reports. 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. The ESG Taskforce is responsible for adopting measures to reach the established goals, which are as follows: ‧ promoting resources conservation through posters and internal communications; ‧ setting up suggestion boxes for employees to provide additional resource conservation practices ideas; ‧ placing recycling bins at different spaces in the offices; ‧ phasing out paper documents and replacing them with electronic documents; ‧ encouraging employees to bring and use their own cups to work; and ‧ avoiding the purchase of bottled water or other single-use plastic products. During the Reporting Period, we have been regularly implementing the above measures to pursue Target 1 and Target 2.