Message from Management
For 70 years, Lee Kee Group ("Lee Kee" or "the Group") has been committed to delivering quality, professional and reliable value-added metal solutions. To address customers' core business needs with a rising demand for sustainability from our customers and the industry, we work on expanding our range of 'green' products and services. We are also exploring opportunities arising from our journey to become an industry leader in sustainability. This is Lee Kee Group's first Environmental, Social and Governance ("ESG") Report which marks the initial milestone in our sustainability journey, and demonstrates and communicates our ongoing commitments and sustainability performance to our stakeholders.
Our employees are key to the Group's wider business success and our sustainability achievements. Lee Kee is committed to maintaining a positive, caring, healthy and safe work environment. We provide competitive benefits package, equitable remuneration, and continuous training and development opportunities. Furthermore, we emphasise the importance of occupational health and safety guided by a well-established Occupational Health and Safety Policy and governed by our Safety Committee. We also conduct regular occupational health and safety assessments to gather information and feedback from employees. We are proud to announce that all our efforts in health and safety have translated into zero work- related fatalities during the reporting period.
We are committed to operating the Group sustainably, keeping track of environmental performance, and mitigating negative impacts arising from our operations. To achieve this, we are certified with ISO 14001 Environmental Management System1, which provides us a framework to manage and guide our Group-wide metal processing operations in an environmentally sound manner. This year, we have taken steps to reduce our energy consumption and carbon footprint with the replacement of incandescent lighting in office areas with T5 light tubes and reducing the number of light tubes in meeting rooms. In addition to energy consumption, we are also actively involved in reducing the amount of greenhouse gas emissions (GHG) which come from fuel consumption throughout operations. Our involvement in the Environment Protection Department's Carbon Footprint Repository and Carbon Audit Green Partner programme further drives our emission reduction efforts as we continue to minimise our wider environmental impact.
Achieving sustainability leadership is a long journey and gaining support from different stakeholders is crucial. This year, our commitment to sustainability was well recognised and awarded by several professional and reputable organisations. Riding on the global sustainability trend, Lee Kee will continue to explore opportunities and innovative ways in operating our business in a more sustainable manner.
CHAN Yuen Shan Clara
Vice-Chairman and Chief Executive Officer On behalf of the board of directors of
LEE KEE HOLDINGS LIMITE 21 July 2017
1 The scope and number of companies certified with ISO14001 standard are in accordance with the SGS certificates, which can be found on Lee Kee's website.
Reporting Scope and Standard
Lee Kee Group's Environmental, Social and Governance (ESG) Report aims to demonstrate the ways in which we have incorporated sustainable practices and initiatives into our operations. The Report has been prepared in accordance with the ESG Reporting Guide issued by Hong Kong Exchanges and Clearing Limited ("HKEx"). The scope of the report covers Lee Kee's operations in Hong Kong during the reporting period of April 1, 2016 to March 31, 2017.
This Report's purpose is to disclose Lee Kee Group's ESG performance. Our corporate governance and financial performance can be found in our 2016/17 Annual Report.
Involving our stakeholders in sustainability efforts is a valuable process that helps us achieve our initiatives more successfully. A third-party consultant was commissioned to aid Lee Kee with the process of assessing our stakeholder's stance on different ESG issues through online surveys. Our stakeholders had the opportunity to rank the level of materiality of ESG issues and provide suggestions regarding sustainability for the Group. We welcome your feedback. Please feel free to contact us with any suggestions at: firstname.lastname@example.org
Materiality is one of the Reporting Principles listed in the HKEx ESG Guide. A thorough Materiality Assessment was conducted to identify material sustainability issues for Lee Kee. This process is outlined below:
Step 1: Identification
Peer benchmarking: In order to identify relevant HKEx Aspects to disclose, Lee Kee's disclosure was benchmarked against the disclosures of peer companies that also conduct business in metals, mining, and mineral trading.
Stakeholder engagement: Actively involving our stakeholders through online surveys and other channels of communication enabled us to better identify and rank relevant and important ESG issues.
Step 2: Prioritisation
o The material aspects that were identified through peer benchmarking and stakeholder engagement were consolidated, creating a list of relevant material ESG issues to be brought forward for Step 3.