Tasty Concepts Highlights Lower Emissions, Resource Efficiency Targets and Zero Compliance Breaches in FY2026 ESG Report

Bulletin Express07-31 21:45

Tasty Concepts Holding Limited released its FY2026 Environmental, Social and Governance (ESG) report covering the period 1 April 2025 – 31 March 2026. The Group’s restaurant and office operations in Hong Kong remained the reporting focus, with disclosure prepared in accordance with Appendix C2 of the Hong Kong Stock Exchange’s GEM ESG Reporting Code. Key take-aways follow:

Environmental Performance and Targets • Total energy use decreased to 3,894.85 GJ from 3,953.00 GJ a year earlier, cutting revenue-based energy intensity to 123.60 GJ per million HKD (FY2025: 127.90). • Direct (Scope 1) emissions fell to 35.8 tonnes CO₂e (-4.0% YoY), while indirect (Scope 2) emissions dropped to 523.7 tonnes CO₂e (-5.4% YoY). Overall GHG intensity improved to 17.90 tonnes CO₂e per million HKD (FY2025: 19.20). • Water consumption declined 6.7% YoY to 9,463.5 m³, with intensity at 300.30 m³ per million HKD (FY2025: 328.20). • The Group is pursuing 2026 targets to cut electricity intensity by 2%, gas consumption by 5% and water intensity by 5% versus the 2022 baseline. No material issues arose in sourcing fit-for-purpose water, and no material hazardous waste was generated.

Climate-related Governance and Risk • Board oversight is exercised through a sustainability committee that monitors energy, water, emissions and operational resilience. • Physical risks identified include typhoons, heavy rain and heatwaves; transition risks cover regulatory changes and rising utility costs. No scenario was deemed likely to alter the current business model materially. • Metrics, including Scope 1, 2 and selected Scope 3 emissions, continue to be tracked; no separate climate transition plan has yet been adopted.

Workforce Snapshot and Safety • Headcount averaged 29 employees (14 male, 15 female); full-time staff accounted for 27 positions, with 2 part-time. • Overall turnover rate eased to 25% (FY2025: 46%); part-time turnover remained higher at 44%. • No work-related fatalities or lost-time injuries were recorded for the third consecutive year. • Employment practices complied with Hong Kong legislation, including the Employment Ordinance and Occupational Safety and Health Ordinance.

Supply Chain and Product Quality • Thirty-two suppliers served the Group, 94% located in Hong Kong; due-diligence procedures cover product quality, environmental credentials and delivery performance. • No product recalls or customer complaints were reported; each restaurant maintains a designated hygiene manager or supervisor in line with local regulations. • Packaging initiatives include continued “No-Straw” policy and use of paper-based or wooden materials sourced from sustainable forests.

Governance and Anti-corruption • Zero cases of bribery, fraud or money laundering were reported. • All directors completed anti-corruption training; a whistle-blowing mechanism remains in place for anonymous reporting.

Community Engagement • The Group reiterated its commitment to community development and plans to expand social initiatives in future periods.

Management stated that consistent data collection, target tracking and stakeholder engagement will underpin ongoing improvements ahead of the 2026 environmental performance goals.

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