Annual Report 2023

China Merchants China Direct Investments Limited Annual Report 2023 85 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT (CONTINUED) ENVIRONMENTAL PROTECTION (CONTINUED) Green Office and Operation (continued) Waste Management (continued) Non-hazardous office waste management (continued) 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. Energy Consumption The Company is committed to conserving the scarce resources. In order to improve energy efficiency and reduce the office energy consumption, a series of practices have been adopted by the Investment Manager. It is also the Investment Manager’s goal to help employees develop a better green mind-set by integrating energy saving behaviour into the daily habits of employees in and out of the office. We hope that with the above mentioned practices, the energy consumption and greenhouse gas emissions would be kept at minimal. Since the electricity usage is included in the building management fee, hence no relevant consumption data could be disclosed during the Reporting Period. As mentioned previously in our environmental policy, we believe there is a role for us to play in protecting the environment. The Company and the Investment Manager have set the following target: Target 3 To consider the electricity conservation policy and measures adopted by the buildings as one of the selection criteria for new rental offices by 2025. With the target set previously, the Board and the ESG Taskforce have worked collaboratively to update the procurement policy of office equipment by reviewing energy efficiency options whilst promoting an energy saving culture within the offices. We consider that we have achieved energy efficiency target set previously (i.e. to incorporate energy efficiency as one of the criteria for the procurement of office equipment by 2022) and continued to attain it during the Reporting Period by incorporating energy efficiency into the procurement policy and procedures.