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1、ENVIRONMENTAL,SOCIAL ANDGOVERNANCE REPORT2024Edvantage Group Holdings Limited中滙集團控股有限公司(Incorporated in the Cayman Islands with limited liability)Stock code:0382ContentsAbout this Report4Reporting Period4Reporting Scope and Boundary4Reporting Standards and Principles4Source of Data and Reliability S
2、tatement5Confirmation and Approval5Feedback5Board Statement6About Edvantage Group7Sustainability Governance8ESG Working Group8Risk Management and Internal Controls8Sustainability and Governance Policies8United Nations Sustainable Development Goals10Stakeholder Engagement10Stakeholders Communication
3、Channels11Materiality Assessment12Assessment Procedures12Materiality Matrix12Business Ethics14Anti-Corruption14Whistleblowing16Cultivate Talents Care for Staff17Attracting Talents and Recruitments17Evaluation and Promotion17Remuneration and Dismissal18Working Hours and Leaves18Group Activities and C
4、ondolences19Employee Workforce20Employee Turnover21Promoting Gender Equality21Occupational Health and Safety22Development and Training25Labour Standards28Quality Education Compliance in School Operation29Teaching Quality29Student Enrollment29The Health and Safety of Students30Privacy Protection Poli
5、cies31Intellectual Property Rights32Service-related Complaints and Resolutions32Annual Innovation Award32Supply Chain Management and Monitoring33Caring and Giving back to the Community34Community Investment34Caring for the Community Social Practices34Double Innovation Supporting Agriculture,Pursuing
6、 Dreams in Youth35Collaborative Care to the Elderly,Inherit the Virtues36Community Education Fuels Growth36School-Enterprise Collaboration Industry-Education Integration38Cultivate Talent Youth Development39Protecting the Environment with a Greener Campus42Environmental Conservation and Operations42
7、Environment-related Targets42Emissions43Air Emissions43Greenhouse Gases Emissions44Measures to Reduce Emissions46Hazardous and Non-Hazardous Wastes46Measures to Reduce Generation of Wastes47The Environment and Use of Natural Resources48Resources and Energy Efficiency48Energy Consumption and Intensit
8、y49Water Conservation49Source of Water49Climate Change50Green Building Materials52Partnering with the International Finance Corporation(“IFC”)to Promote Sustainable Development52HKEX ESG Reporting Guide Content Index53About this Report4Edvantage Group Holdings LimitedEdvantage Group Holdings Limited
9、(the“Edvantage Group”,“Group”,“we”or“us”)hereby presents its environmental,social and governance(“ESG”)report(the“Report”)for 2023/24.The Report summarises the strategy,practices and vision of Edvantage Group in respect of issues related to ESG in 2023/24,which illustrates the Groups commitment to t
10、he principles of sustainable development and its dedication to fulfilling its corporate social responsibility.Reporting PeriodThe Report covers the Groups overall environmental and social performance during the period from 1 September 2023 to 31 August 2024(“Reporting Period”),same as that covered b
11、y the 2023/24 Annual Report of our Group.Reporting Scope and BoundaryUnless otherwise specified,the scope of the Report covers the Groups seven major consolidated entities,namely Guangzhou Huashang College(“Huashang College”),Guangzhou Huashang Vocational College(“Huashang Vocational College”),Guang
12、dong Huashang Technical School(“Huashang Technical School”),GBA Business School,Urban Vocational College of Sichuan(“Urban Vocational College”)and Urban Technician College of Sichuan(“Urban Technician College”),they are collectively referred to as the“Colleges”,“Schools”or“Institutions”,and GBA Busi
13、ness School Foundation,but the scope of this Report excludes overseas colleges.Reporting Standards and PrinciplesThe Report is prepared in accordance with the Environmental,Social and Governance Reporting Guide(the“Guide”)as set out in Appendix C2 to the Rules Governing the Listing of Securities(her
14、einafter referred to as the“Main Board Listing Rules”)on The Stock Exchange of Hong Kong Limited(hereinafter referred to as the“Hong Kong Stock Exchange”)and is based on the four reporting principles as set out in the Guide,namely materiality,quantitative,balance and consistency,which serves as a ba
15、sis of this Report.MaterialityQuantitativeBalanceConsistencyMateriality was assessed based on the results of stakeholder engagement and the thresholds of ESG material topics were reviewed and confirmed by senior management to ensure their importance.We provide and disclose quantitative data that inc
16、ludes relevant standards,calculation methods,assumptions and conversion factors to evaluate the effectiveness of our sustainability policies and management.We presented our ESG performance data objectively,providing a complete picture of our Groups accomplishments during the Reporting Period and our
17、 potential improvement areas going forward.The data are computed using consistent procedures and methodologies for accurate year-on-year comparisons.Where applicable,we also disclose changes in the methodology or KPIs used.5Environmental,Social and Governance Report 2024About this ReportSource of Da
18、ta and Reliability StatementThe information of the Report is collected from official documents and data of the Group(as well as relevant public materials)and is consolidated and compiled by the Colleges in accordance with the Groups monitoring,management,and operational data policies.Our Group under
19、takes that the Report does not contain any false information,misleading statement or material omission,and takes responsibilities as to the authenticity,accuracy and completeness of the content herein.Confirmation and ApprovalThe board of directors of our Group(“Board”)approved the Report upon confi
20、rmation by the management.The Report is prepared in both Chinese and English.In case of any discrepancy or inconsistency between the Chinese and the English versions of the Report,the Chinese version shall prevail.The electronic version of the Report is available on websites of the Hong Kong Stock E
21、xchange(www.hkexnews.hk)and the Group.FeedbackWe greatly value stakeholders views and suggestions.Should you have any questions or suggestions about the Report,please contact us via:E-mail:.hkMail:Room 1115,11/F,Wing On Plaza,62 Mody Road,Tsim Sha Tsui,Kowloon,Hong Kong.Board Statement6Edvantage Gro
22、up Holdings LimitedDear Stakeholders,The Group is pleased to present this financial years ESG report.The sustainable development of education is of paramount importance to the future of our society.As an educational institution,we prioritise the sustainable development of business in our long-term g
23、rowth and include climate-related issues and ESG-related elements in our long-term business strategic plan.The Board plays the most significant leadership role in the Group and is fully responsible for managing and supervising the Groups ESG issues.We are committed to sustainable development in our
24、teaching and operational processes,which is integrated into our daily governance and educational processes,and we are striving to be a responsible company that cultivates students with the capacity and sense of responsibility.We have set specific goals for our short-term,mid-term,and long-term susta
25、inable development vision that align and progress toward achieving the National 3060 Plan.The Board regularly monitors and reviews the effectiveness of the management methods,including adjusting our action plan after reviewing the Groups ESG performance.Efficient ESG policy implementation relies on
26、cooperation among various departments.In this regard,we have established a cross-departmental ESG working group that coordinates departments and strives to achieve consistent work performance that meets expectations and jointly contributes to achieving emission reduction and energy-saving goals.The
27、Group also attaches high importance to communication with our stakeholders;we regularly review our communication channels and platforms to ensure an information flow that allows us to understand the concerns of our key stakeholders and areas with significant impact on our business.Edvantage Group ha
28、s been actively carrying out ESG-related activities.We actively promote in-depth cooperation with the community and execute the requirements of the Implementation Plan on National Vocational Education Reform on the integration of industry and education.The Group has collaborated with numerous enterp
29、rises and institutions within the community to establish multiple internships and training bases for our students.These bases provide valuable and practical opportunities,allowing students to hone their skills and gain experience in a real working environment.In addition,the Group has joined hands w
30、ith students to participate in various public welfare activities,such as the“Billion Projects”and“Bringing Three Concepts to the Rural Areas”,contributing to rural revitalisation and shared prosperity.This year,Edvantage Group was awarded the“Annual Innovation Award”at the 9th“Global Investment Carn
31、ival 2025”hosted by Chinas leading global investment research platform,Gelonghui.This award highlights the attention and recognition from the industry and investors,serving as a significant source of encouragement and motivation for the Group.We continue to deliver our mission and believe that the G
32、roup can achieve tremendous success in the future and contribute more to the sustainable development of society and high-quality vocational education.Looking forward,the Group will closely follow the national policies and market trends by providing high-quality employment-oriented vocational educati
33、on,developing majors and programmes that meet the needs of the new era,strengthening the integration of industry and education,increasing investment in running our Colleges and create high-quality higher and vocational education opportunities for more students,cultivating application-oriented talent
34、s with international vision and social responsibility,and making positive contributions to the development of national education industry.Yours FaithfullyLiu Yung ChauThe Chairman of the BoardAbout Edvantage Group7Environmental,Social and Governance Report 2024Edvantage Group is the largest private
35、business higher and vocational education group in Guangdong Hong Kong Macao Greater Bay Area(“the Greater Bay Area”),and an early pioneer in the education sector to pursue international expansion.All of the Groups businesses in the Peoples Republic of China(“PRC”,“China”or“the Country”)are vocationa
36、l education strongly supported by the country,covering two major areas,namely formal vocational education and non-formal vocational education.Since its establishment,our Group has always been adhering to high-quality and high-compliant development strategy;focusing on connotation development and gui
37、ded by the goal of ensuring high quality employment for our students,continuously optimising its professional structure and talent cultivation models,as well as strengthening the building of faculty teams,and establishing more new majors and programmes that align with market demands.With excellent e
38、ducational qualities,the Groups brand influence keeps rising,and the Group has gained wide recognition from students,parents,and society at large.As of 31 August 2024,the Group enrolled over 90,000 students and owned 9 private educational institutions in the PRC and overseas.The Group has been close
39、ly following national policies and the path of high-quality development,continuously deepening the integration of industry and education,and comprehensively improving the quality of education and teaching as well as the cultivation of talents,attaining high-quality and sustainable development of our
40、 business operations and striving to contribute to the high-quality development of the Countrys economy and society.1.58:149,000 hours30 million(RMB)1,000 treesFemale to male staff ratio:Our Sustainability Development HighlightsVolunteer service reached:Trees planted over:Subsidy for underprivileged
41、 students exceeding:154,947 hoursTotal training hours reached:Subsidised more than:29,000 underprivileged studentsOur Major Awards and RecognitionsFigure 2 ESG Pioneer Award8th Gelonghui Global Investment CarnivalFigure 3 Best ESG Innovation Award9th Zhitong Caijing Capital Market Annual Conference
42、and Listed Company Awards CeremonyFigure 1 Golden Grid Award Annual Innovation Award 9th Gelonghui Global Investment CarnivalSustainability Governance8Edvantage Group Holdings LimitedESG Working GroupEdvantage Group is committed to integrating sustainability elements into its operation,creating sust
43、ainable value for its stakeholders and performing its duties as a corporate citizen.As the highest governing body of the Group,the Board is responsible for ensuring effective governance and monitoring sustainable governing direction and strategies to bring long-term value for stakeholders.In order t
44、o monitor,manage and execute related tasks more effectively,the Group has established an ESG working group(the“ESG Working Group”).The working group comprises core members of various departments of our Group.It handles and coordinates the Groups ESG-related matters under authorisation by the Board,i
45、ncluding but not limited to communicating with external consultants and collecting ESG data and information.The ESG Working Group will report to the management every year on the implementation of ESG initiatives of the business units,their performance,review the progress of environmental-related goa
46、ls,and identify areas for improvement.Risk Management and Internal ControlsThe Board acknowledges its responsibility for overseeing and maintaining proper and effective risk management and internal control systems and reviewing their effectiveness on an ongoing basis.Effective risk management is one
47、 of the key factors in achieving sustainable business development.The Board delegates its authority to the Audit Committee to oversee the Groups risk management and internal control framework,which aims to identify,assess,and manage risks(including ESG-related risks)that may affect the Groups operat
48、ing efficiency and effectiveness to ensure that the Group has proper and effective risk management and internal control systems in place.The management is primarily responsible for designing,implementing,and monitoring the risk management and internal control systems.The Board is responsible for eva
49、luating and determining the nature and extent of the risks it is willing to take in achieving the Groups strategic objectives and overseeing the risk management and internal control systems.Such duties have been carried out and performed with the assistance of the management and the Audit Committee.
50、For more details on the Groups risk management and internal controls,please refer to the 2023/24 Annual Report of the Group.Sustainability and Governance PoliciesWe believe that sound and comprehensive policies are the cornerstone of good sustainable development practices.We regularly review and upd
51、ate the Groups relevant policies to reflect changes in our operating practices and community needs.Our Board and the management review and approve all of the Groups key policies as part of good corporate governance practices.The following are the Groups and the Colleges key policies related to susta
52、inability and governance:9Environmental,Social and Governance Report 2024Sustainability GovernanceGroup Level:Corporate Governance CodeEmployee Ethics and Code of ConductAnti-Corruption PolicyWhistleblowing PolicyShareholders Communication PolicyProcedures for Shareholders to nominate a person for e
53、lection as a Director of the CompanyClimate Change PolicyStakeholder Grievance PolicySexual Harassment PolicySchool Level:Procurement Management PolicyPersonnel Employment Management policyHealth and Hygiene PolicyFood Safety and Inspection PolicyCampus Greening and Sanitation Management PolicyCampu
54、s Greening and Maintenance Work PlanEnergy and Water Conservation Management PolicyCampus Pollution Prevention and Management PolicyInformation Disclosure Management PolicyEmergency Response GuidelinesTo better oversee and coordinate the implementation of the Groups sustainable development and gover
55、nance policies and management systems at the College level,we plan to nominate Environmental and Social Coordinators within the Colleges.These coordinators will assist our Group in collecting and integrating relevant environmental and safety data,and enhancing employees awareness of health and safet
56、y.10Sustainability GovernanceEdvantage Group Holdings LimitedUnited Nations Sustainable Development GoalsThe United Nations Sustainable Development Goals(“SDGs”)are the 17 global development goals established by the United Nations in 2015,which aim to end poverty,reduce inequality and build a more p
57、eaceful and prosperous society by 2030 in a holistic manner.The SDGs are also known as the Global Goals,which call for the worlds nations to work together to create a sustainable world.Our Group is a supporter of the SDGs and is committed to addressing climate change and various needs of society.Our
58、 stakeholders were invited to participate in a survey to examine the 17 SDGs and select the four SDGs most relevant to the Groups strategy and business:Stakeholder EngagementThe Group keeps refining its communication mechanism and maintains active communication and exchange with internal and externa
59、l stakeholders such as the government/regulators,shareholders,investors,suppliers,partners,faculty and staff,students,parents and the public communities,in an effort to fully understand their expectations and advice.Based on such understanding,the Group continues to improve its sustainable developme
60、nt strategy and planning,striving to build mutual trust and cooperation,and achieving the sustainable development plan,so as to create a future with sustainable economic growth,environmental friendliness and social development.11Environmental,Social and Governance Report 2024Sustainability Governanc
61、eStakeholders Communication ChannelsStakeholderConcernMeans of CommunicationShareholders/Investors Business strategy;Return on investment;Corporate image;and Operational compliance.Disclosure on the Hong Kong Stock Exchanges website;Results announcement and investor exchange conference;Annual genera
62、l meeting;Emails;and The Groups official website.Governments andregulators Operational compliance;Tax obligations;and Disclosure of information and submission of materials.Annual inspection;Audit;Visits;The Groups official website;and Information disclosure of the listed companies.Associations of th
63、e industry Operational compliance;Experience sharing;and Industry exchange and cooperation.Visits;Meetings,conferences and seminars;and Industry exchange activities.Staff andteachers Remuneration and benefits;Working environment;Employees occupational safety and health;and Training and career develo
64、pment.Staff training;Group activities;Employee representatives assembly;Suggestion boxes on Schools official websites;and Online integrated services platform at schools.Students andparents Teaching quality;Teaching philosophy;Teaching management;Service quality;Campus environment;and Health and safe
65、ty of students.Online evaluation of teaching;Teaching feedback from the Student Teaching Information Centre;Seminars for teachers and students;Parents meetings;Schools official websites;and Online platform with integrated services in schools.Communities Community development;Social welfare;Employmen
66、t opportunities;and Ecological environment.Community service and volunteering activities;Community communication meetings;Announcements on the Hong Kong Stock Exchanges website and press release;and The Groups official website and social media official account.12Sustainability GovernanceEdvantage Gr
67、oup Holdings LimitedMateriality AssessmentThe management selected stakeholders with significant influence and relevance to the Group to participate in a materiality assessment survey.They put forward views and suggestions on ESG topics involved in the operation of the Group.This Report covers variou
68、s important ESG topics and illustrates our key achievements in these aspects.The Group will pay heed to these issues during its long-term operation by developing corresponding strategic guidelines,enhancing policies,and setting long-term goals.Assessment ProceduresStage 1:IdentificationStage 2:Prior
69、itisationStage 3:ValidationThrough various sources,including compliance requirements,industry trends,and internal policies,we have identified 23 ESG topics that the Group and its stakeholders consider to be significant ESG topics.An online survey was conducted to assess the importance of each issue
70、from the perspectives of stakeholders and the Group.Based on the survey results a materiality matrix was established,setting a threshold for significance,and the ESG issues were prioritised accordingly.The management reviews the materiality matrix and the significance threshold.From the perspective
71、of stakeholders and the Group,ESG issues that scored average or above as a high overall rating were ranked as material topics for our Group to address and report on.Materiality MatrixBased on the materiality matrix,the Board has identified the following ESG issues as the most relevant for our Group
72、and its stakeholders in 2023/24:Impact on the stakeholdersImpact on the GroupHighHighLow795163234151218 1322212014191011681712Material topicsModerate topicsMonitored topics13Environmental,Social and Governance Report 2024Sustainability GovernanceMaterial topics6Water Efficiency8Environmental Regulat
73、ion Compliance10Employment Practices11Diversity and Equal Opportunities12Anti-Discrimination13Occupational Health and Safety14Development and Training15Prohibition of Child Labour and Forced Labour18Data and Privacy Protection19Customer Satisfaction20Intellectual Property21Teaching Quality22Anti-Cor
74、ruptionModerate topics3Effluent Management4Waste Management23Community InvestmentMonitored topics1Air Emissions2Greenhouse Gas Emissions5Energy Efficiency7Use of Raw and Packaging Materials9Climate Change16Responsible Supply Chain Management17Advertisement and LabellingTo further enhance communicati
75、on between external stakeholders and our Group,we have established the Stakeholder Grievance Policy.We are committed to addressing perceived or actual incidents of unfair treatment in a timely manner through a transparent and fair process,ensuring timely responses and resolutions.This approach aims
76、to strengthen stakeholders trust and engagement.The Group will continue to identify areas for improvement and focus,maintaining close communication with relevant stakeholders to exchange and share various advice,thereby enhancing our management in sustainable development.14Sustainability GovernanceE
77、dvantage Group Holdings LimitedBusiness EthicsAnti-CorruptionThe Group strictly complies with the PRCs Anti-Money Laundering Law,Anti-Unfair Competition Law,Criminal Law and other relevant laws and regulations,and adheres to the fundamentals of the code of conduct on integrity and self-discipline.Th
78、e Group has formulated a Procurement Management Policy to regulate the business conduct and professional ethics of employees,and prohibits any illegal act such as bribery,fraud,blackmail and money laundering.If employees are aware of any violations,they can report to the person in charge of the Admi
79、nistration Department,which is responsible for investigating and collecting evidence and submitting it to the Human Resources Department.The Human Resources Department will determine the corresponding punishment pursuant to the provisions.If the national laws are violated by any employee or staff of
80、 our Group,the case will be reported and transferred to the judicial authority for further investigation and handling in accordance with the applicable laws.In order to abide by the instructions given by the Chairman to strengthen the integrity and with a view to continuously improving employees awa
81、reness of integrity and self-discipline,the Group specifically required the heads of various departments to take the lead in signing the Integrity and Self-discipline Commitment(“Letter of Commitment”),and each department was responsible for the arrangement of employees to sign the Letter of Commitm
82、ent.The Group expects that the employees will follow their supervisors as role models and all employees will be honest and self-disciplined.The Group expects that such initiative can guide employees to understand the importance of integrity and self-discipline.The Group has zero tolerance towards an
83、y violation of integrity and self-discipline.Once verified,any such violations will be considered as serious disciplinary violations.In order to formalise the behaviour of all employees and strengthen our governance,the Group has established an anti-corruption policy to provide clear guidelines on e
84、thical behaviours and the penalties imposed on any violation of the requirements set out in this policy.Penalties include verbal warnings,demerits,demotions,and termination of labour contracts based on the severity of employees violations of laws and regulations.To further strengthen the business et
85、hics and integrity of personnel at all levels within the Group,we regularly conduct various training programmes.During the Reporting Period,with reference to the Business Ethics Training Programme for Listed Companies launched by the Hong Kong Business Ethics Development Centre of the Hong Kong Inde
86、pendent Commission Against Corruption(“ICAC”),we have provided anti-corruption training to our directors to enhance their commitment to business ethics and conduct.In addition,the Group has established specialised training programmes for employees,including pre-employment training for teachers,which
87、 encompasses training related to professional ethics.These initiatives aim to cultivate the correct values and promote a deeper understanding of higher education among newly recruited teachers.By encouraging them to effectively apply what they have learned in their teaching practices,we seek to inje
88、ct new vitality into the educational sector.15Environmental,Social and Governance Report 2024Sustainability GovernanceIn recent years,the Country has placed great emphasis on governance and integrity of private enterprises.In response to and in support of the Countrys promotion of integrity and comp
89、liance,Huashang College held a pre-appointment integrity dialogue meeting and integrity education session this year.The Colleges attach great importance to building a strong cadre team and enhancing the training of its personnel.This initiative aims to reinforce the ideological and moral defences ag
90、ainst corruption,raise the awareness of integrity and self-discipline among prospective leaders,and strengthen their capacity for prevention of corruption.These efforts laid a solid foundation for further advancing integrity education and promoting high-quality development of the Institutions.Figure
91、 4 Huashang College Pre-Appointment Integrity Dialogue Meeting and Integrity EducationTo effectively prevent telecommunications and online fraud and stay ahead of such scams,the Groups Institutions are actively implementing related propaganda and anti-fraud education and executing“Police-School Coll
92、aboration.Additionally,a“Ten Thousand People Anti-Fraud Signature”ceremony was held in the library hall of Huashang College.These measures aim to increase the fraud prevention awareness of faculty and students,leverage community-based defence mechanisms,and jointly protect the financial security of
93、the school community.By raising awareness of cyber security,we strived for a fraud-free environment and work together to build a“Safe Campus”,creating a secure and harmonious learning and living environments for teachers and students.Figure 5 Huashang College“Police-School Cooperation”Signing Ceremo
94、ny16Sustainability GovernanceEdvantage Group Holdings LimitedThe Group is committed to upholding high standards of business ethics and prohibiting bribery and corruption,during the Reporting Period,our Group did not have any concluded corruption litigation cases.WhistleblowingEdvantage Group has alw
95、ays placed great emphasis on business ethics and upheld the principles of ethics,high transparency,accountability and integrity in all areas of its operations without harming the interests of our shareholders.The Group has established a comprehensive whistleblowing mechanism to encourage all interna
96、l and external stakeholders to report any actual or suspected misconduct to relevant person in charge in a confidential manner.The Audit Committee has authorised and delegated the supervisor of the Groups Human Resources Department and the Internal Control Director to receive any such reports on its
97、 behalf,oversee subsequent investigations,and provide information,including recommendations arising from any inquiry,for the consideration by the Audit Committee.Unless the legal or regulatory requirements require disclosure,the Group will make every effort to keep all information received and the i
98、dentities of the whistleblowers confidential.In addition,the Group is further enhancing the Staff Grievance Policy to establish a more equitable,efficient,and impartial mechanism for addressing and resolving issues that arise in the workplace.This includes providing a variety of channels to listen t
99、o and address employee concerns.Cultivate Talents Care for Staff17Environmental,Social and Governance Report 2024The Group is committed to maintaining a high standard of corporate governance as it is extremely important to create a safe and healthy teaching environment as well as maintaining the qua
100、lity of teaching and social credibility.At the same time,the Group is committed to maintaining the long-term sustainable development of its business and the communities where it operates.We manage our business prudently and implements managements decisions in a cautious and focused manner to drive o
101、ur business.People-oriented culture is one of the core values of Edvantage Group.We firmly believe that employees are the most important and valuable asset of an enterprise,and their contributions are essential to the Groups success.We also provide good career development opportunities and continue
102、to invest resources in employee development to create a diverse,inclusive,and leading team.Attracting Talents and RecruitmentsWe are dedicated to attracting and cultivating the best talents who align with the Groups philosophy and vision.The Group has formulated relevant Human Resources Management P
103、olicy to manage its recruitment,induction training,appointing permanent staff,employee promotion,employee resignation and other processes,so as to standardise the workflow and enhance work efficiency.The Group is committed to building a diversified,anti-discrimination and inclusive working environme
104、nt to ensure employees will not be discriminated against or deprived of opportunities due to their gender,ethnic background,religious belief,colour,sexual orientation,age,marital status or family status in respect of recruitment and promotion.In addition,we have developed the Personnel Recruitment M
105、anagement Policy to provide detailed specifications for the recruitment of faculty staff.With approval from the office of academic affairs,personnel division,and the leading group for school personnel,we will develop a recruitment plan in accordance with teaching plans and needs and publish recruitm
106、ent information in accordance with such plan.We will then select suitable and excellent candidates through the resume-screening process and notify the candidates to attend interviews.Only after written examination,preliminary assessment by the Human Resources Department,interview by the Hiring Depar
107、tment,background checks and approval by the Group or School Management Team represents that the staff can commence work on his/her position.Some senior faculty and staff will only be hired upon the approval of the Chairman.Evaluation and PromotionThe Group conducts probation and annual assessments f
108、or employees,including teacher performance appraisals which will serve as an important basis for rewards and punishments,salary adjustment and promotion,year-end bonus,etc.We evaluate our employees and adjust the corresponding salary and performance bonus according to the annual assessment to reward
109、 them for their contribution and boost their enthusiasm at work.For employees qualified for promotion,the head of the relevant department will inform the employees and submit a written promotion opinion to the Human Resources Department and the management in charge for approval.Besides,the Colleges
110、has developed a series of measures including the Interim Provisions on the Evaluation of Professional Titles,Interim Provisions on the Selection and Appointment of Cadres,Interim Provisions on the Management of Continuing Education Faculty and Staff,Interim Measures for the Management of Professiona
111、l and Technical Post Appointment,to create more job and promotion opportunities for qualified employees.18Cultivate Talents Care for StaffEdvantage Group Holdings LimitedRemuneration and DismissalThe Human Resources Department regularly conducts annual performance evaluations,as a basis for adjustin
112、g our employees remuneration to motivate high-performing employees.Whenever there is a dismissal or voluntary termination of employees contracts,the Group will comply with the employment laws and regulations in mainland China and Hong Kong in handling relevant matters.Employees who intend to resign
113、voluntarily shall inform the head of the respective department and the Human Resources Department in writing 30 days in advance(3 days in advance during the probationary period).The Human Resources Department will arrange an exit interview to understand the reasons for the employees resignation and
114、issue a resignation confirmation letter to the employee after the handover between the employee and relevant department is done and when all resignation procedures are completed.Working Hours and LeavesThe Group is devoted to providing a safe and healthy working environment for its employees so as t
115、o establish a close relationship with mutual trust.The Group provides a reasonable and satisfactory remuneration and benefits for every employee,including basic salary and statutory five insurances plus one provident fund.We also provide good welfare policies to establish a working environment full
116、of mutual assistance and friendliness between employees.Faculty and staff are entitled to basic statutory festivals and holidays.Basic salaries are paid to them during their sick leave,marriage leave,bereavement leave,maternity leave and paternity leave in accordance with the applicable labour laws
117、and regulations.The Group has also developed the Interim Provisions on Teachers Workload Standards to regulate the working hours of faculty and staff of different ranks to ensure that they can maintain work-life balance.Under the working hours system,the working hours are generally 8 hours per day a
118、nd 40 or 48 hours per week on average with at least 1 to 2 days off per week,or otherwise determined according to relevant laws and the specific positions of employees.We have also defined approval for overtime and a time in lieu arrangement in the Interim Provisions on the Attendance Management of
119、Faculty and Staff to enable overtime-eligible staff to receive due compensation.Paid Leaves Marriage leave Maternity and Paternity leave Bereavement leave and othersBenefits and SubsidiesMedical Benefits Healthcare protection Regular healthcheck-up Monthly benefits in kind,supplies benefits and meal
120、subsidies Festive gifts Childbirth,birthday,wedding,condolences/hospitalallowance and special hardship relief grants19Environmental,Social and Governance Report 2024Cultivate Talents Care for StaffGroup Activities and CondolencesThe Group consistently upholds a people-oriented philosophy.To enhance
121、the sense of belonging among faculty and staff,strengthen team building,and create a harmonious work atmosphere,we regularly organise various group activities and provide thoughtful holiday benefits.We recognise that the dedication and contributions of our faculty and staff are the driving forces be
122、hind the continuous development of our Institutions.Through a wide range of engaging activities,such as leadership luncheons with faculty representatives,academic exchange seminars,and cultural arts events,we provided a platform for faculty and staff to relax,enhance communication,and showcase their
123、 talents.During the Reporting Period,the Group thoughtfully arranged festival benefits for events such as the Spring Festival,International Womens Day,and the Dragon Boat Festival,creating a lively and harmonious festive atmosphere,while also caring and appreciating the hard work of employees throug
124、hout the year,promoting their physical and mental health.Figure 6 School Leaders Offering Spring Festival Greetings to Faculty and Staff for Each Secondary College and Administrative DepartmentFigure 7 International Womens Day Seminar for Female Faculty RepresentativesFigure 8 Leadership Luncheon wi
125、th Faculty RepresentativesFigure 9 Preparation of Dragon Boat Festival Zongzi Gift Boxes for Faculty and Staff20Cultivate Talents Care for StaffEdvantage Group Holdings LimitedEmployee WorkforceFor the year ended 31 August 2024,our Group had a total of 7,008 staff,which is detailed as follows:Employ
126、ee Data120242023Total Number of Employees(Headcount)7,0086,765By employment type(Headcount)Full-time5,0724,789 Part-time1,9361,976Distribution by male and female(Headcount)Female4,2874,167 Male2,7212,598Distribution by age group(Headcount)50948847Distribution by different levels(Headcount)Senior man
127、agement4746 Middle management291221 Staff6,6706,498Distribution by regions(Headcount)Hong Kong1514 Mainland China6,9886739 Others5121 The total number of employees employed by Edvantage Group at the end of the Reporting Period only includes the 7 consolidated subsidiary entities covered by the scope
128、 of this Report.21Environmental,Social and Governance Report 2024Cultivate Talents Care for StaffEmployee TurnoverFor the year ended 31 August 2024,the detailed data of employee turnover rate2 is as follows:Employee Turnover20242023Total Number of Employee Turnover(Turnover rate)1,158(14%)985(13%)Tu
129、rnover by male and female headcount(Turnover rate)Female719(14%)616(13%)Male439(14%)369(12%)Turnover by age group headcount(Turnover rate)50335(26%)206(20%)Turnover by regions headcount(Turnover rate)Hong Kong3(17%)4(22%)Mainland China1,155(14%)981(13%)Others0(0%)0(0%)Promoting Gender EqualityThe Co
130、nstitution of the PRC,the Labour Law and other national laws and regulations stipulate that men and women are equal.The Group strictly abides by national regulations and ensures equality between men and women and does not discriminate against any gender.In accordance with national regulations and sc
131、hool system regulations,the school protects female employees during the three stages.Female employees entitle maternity leave,nursing leave,family planning leave,wedding and bereavement leave and other holidays.In addition,our Group has established a Sexual Harassment Policy whereby anyone found to
132、be in breach of the policy will face disciplinary actions including dismissal.We adopt a zero-tolerance policy towards any form of sexual harassment.2 Turnover rate=total number of employees resigned during the Reporting Period/(total number of employees resigned during the Reporting Period+total nu
133、mber of employees at the end of the Reporting Period).During the Reporting Period,the total number of employee turnover of our Group was 1,158.22Cultivate Talents Care for StaffEdvantage Group Holdings LimitedThe school conducts regular lectures on womens physical and mental health,health check-ups,
134、dancing and singing,and flower arrangements to show care for our female employees physical and mental well-being.Every year on Womens Day,female employees can take a day off,subsidies are given to female employees during childbirth,illness,and hospitalisation.In addition,the trade union organises a
135、series of activities for female employees,such as arranging health check-ups,organising photography exhibitions of female employees to show and promote care for female employees,holding symposiums,organising flower arrangement classes,outings,and exciting sporting events.Some female teachers who are
136、 young mothers can apply for centralised class scheduling or flexible class scheduling to balance their family commitments and work duties if their responsible and teaching units permits.Occupational Health and SafetyThe Group attaches great importance to the health and safety of the faculty,staff a
137、nd students on campus,and endeavours to create a healthy and safe campus environment for the faculty,staff and students.A set of strict safety management regulations and standards in terms of fire safety,sanitary management,facilities and equipment management and smoking prohibition is in place.The
138、Group has strictly complied with applicable laws and regulations on health and safety,including but not limited to PRCs Law on the Prevention and Control of Infectious Diseases,Food Safety Law,Regulations on the Sanitary Management of Student Canteens and Group Meals,Fire Protection Law and other re
139、levant laws and regulations.The Groups health and safety supervision projects mainly include:management of food safety in canteens,management of drinking water and electricity safety on campus,public security management on campus,roads and traffic safety on campus,medical hygiene management,dormitor
140、y management,supervision and inspection of fire prevention.According to the arrangements of health and safety work,each unit is regularly required to conduct supervision work and keep relevant records to ensure the safety measures are well in place.23Environmental,Social and Governance Report 2024Cu
141、ltivate Talents Care for StaffIn order to ensure hygiene and food quality in canteens on campuses,the Group,pursuant to the requirements of the Food Safety Law,has set up a school-enterprise cooperation centre and a catering committee to regularly supervise the food safety in the Colleges canteens e
142、very week.The Group has also implemented corresponding safety measures,including but not limited to:canteens must maintain a food operating permit and staff must possess a health certificate,only ingredients with inspection and quarantine certificate shall be procured,food samples shall be kept for
143、inspection,and food shall be stored in a sanitary environment.In terms of hygienic control,based on the requirements of the food safety management system of“daily control,weekly inspect,monthly deployment”,the Group conveyed the directives from the Guangdong Provincial Food and Drug Safety and High-
144、Quality Development Committee.This included an explanation of the 2024 Provincial Quality Monitoring and Assessment Implementation Plan for Catering Services in Higher Education and Vocational Colleges and the Responsibilities for Food Safety in Guangdong Province Campuses.Each cafeteria is required
145、 to conduct self-inspections according to the established indicators,strengthening food safety management.The food safety directors and food safety personnel in each cafeteria must fulfill their responsibilities in managing food safety to ensure the dietary safety of teachers and students.Moreover,d
146、uring the March 2024 food safety monthly deployment meeting,the operational management platform for smart cafeterias was discussed and shared,promoting the use of technology to enhance management quality.To ensure the safety of drinking water supply on campus,the Group has formulated the Management
147、System for the Safety of Drinking Water on Campus to supervise drinking water hygiene.The Group regularly takes samples to inspect the water quality and keeps relevant records of water quality inspection.In the key area of facilities management,the Group upholds a strong sense of responsibility and
148、professionalism.We meticulously arrange for experienced and skilled professionals to conduct comprehensive and careful regular inspections and maintenance of the diverse range of facilities and equipment on campus.Fire safety work is also included in daily safety management.The Group has formulated
149、the Fire Safety Management Policy pursuant to the requirements of the Fire Protection Law,while actively conveying and deeply studying the Guangdong Province Fire Safety Concentrated Hazard Elimination and Major Rectification Action Plan.Our Group emphasises that all units must prioritise campus fir
150、e safety,firmly establish a safety-first mindset,and resolutely eliminate potential hazards at source,ensuring the safety of all faculty,staff,and students.To achieve this,our Group has meticulously developed a strict and detailed fire management policy,conducting regular comprehensive inspections a
151、nd maintenance of fire safety facilities.Additionally,we actively organise fire drills to effectively enhance the fire safety awareness and emergency response capabilities of faculty and students.24Cultivate Talents Care for StaffEdvantage Group Holdings LimitedMoreover,in order to further strengthe
152、n the Colleges ability to respond to emergencies,the Group formulated the Campus Safety Emergency Plan,which clearly stipulates that the Colleges under the Group must organise safety emergency drills on a regular basis,fully complete various emergency preparation,and cooperate with rescuers to deal
153、with safety incidents after ensuring the safety of their faculty and staff.As mentioned in the plan,the Group also advocates the establishment and implementation of an emergency response mechanism by the Colleges under the Group to reduce the occurrence of safety incidents and ensure campus safety a
154、nd stability.Figure 10 Inspection and Rectification of Campus Fire Safety EquipmentFigure 11 Campus Safety Management and Emergency Response TrainingThe Group also places a high priority on the physical and mental health of students,faculty and staff.Medical clinics and psychological counseling cent
155、res are established on campus to provide healthcare services and psychological support for students and staff.According to the Groups Employee Health Check Benefits Policy,we offer a regular health checkup for employees,allowing them to stay informed about their health status.For more details,please
156、 refer to the section on“Quality Education Compliance in School Operations.”The Group will continue to strictly implement these safety management regulations and standards,continuously improving the campus safety management system to safeguard the health and safety of faculty,staff,and students.Duri
157、ng the Reporting Period,the Group did not experience any work-related fatalities,and the number of working days lost due to work-related injuries was 281 days.Employee Data202420232022Number of work-related fatalities Number of work-related fatalities000 Work-related fatalities rate30%0%0%Number of
158、working days lost due to work-related injuries Number of working days lost due to work-related injuries42810563 Ratio of work-related fatalities=Number of work-related fatalities/total number of employees.4 Calculation starts from the day of the accident and is based on the established working days/
159、calendar days.25Environmental,Social and Governance Report 2024Cultivate Talents Care for StaffDevelopment and TrainingThe teaching ability of teachers and the administrative ability of administrators directly affect the teaching quality and administrative level of a school.Therefore,the Group attac
160、hes great importance to the development and training of its staff,and has formulated a detailed training plan and related guidelines to enhance the knowledge and professional ability of teachers and administrators,including but not limited to the Interim Provisions on the Management of Continuing Ed
161、ucation Faculty and Staff,Implementing Measures for Doctoral Projects,Detailed Rules for the Performance Evaluation of Teachers,Measures for the Identification and Handling of Incidents Occurred During Teaching Process,and Mechanism of Random Check on Classes.These training are mainly divided into c
162、ultural and technical training internally organised and professional knowledge training provided by external institutions.During the Reporting Period,56%of the Groups faculty and staff received training,among which senior management completed 5.49 hours of training on average and general staff compl
163、eted 21.72 hours of training on average.The proportion of employees receiving training,as well as the average training hours for senior management and general staff,have all increased compared to the last financial year.Figure 12 Huashang College teachers Global Talent Cultivation ProjectIn terms of
164、 broadening the international horizons of our staff,we have made continuous efforts by organising multiple outbound exchanges for our teachers,covering nearly 500 faculty members from various Institutions.Through these programmes,we aim to learn and understand the concepts and methods of foreign edu
165、cation management,thereby improving our staffs capabilities and abilities to cultivate students.26Cultivate Talents Care for StaffEdvantage Group Holdings LimitedFor the year ended 31 August 2024,the detailed employee training figures are as follows:Employee Training520242023Total trained employees
166、headcount(%)3,918(56%)3,102(46%)Distribution by gender headcount(%)Female2,639(62%)2,144(51%)Male1,279(47%)958(37%)Distribution by employee level headcount(%)Senior management13(28%)10(22%)Middle management242(83%)121(55%)Staff3,663(55%)2,971(46%)Training Hours20242023Total training hours154,947115,
167、303Average training hours622.1117.04Distribution by gender(Average training hours)Female25.0218.27 Male17.5315.08Distribution by employee level(Average training hours)Senior management5.494.72 Middle management17.2017.67 Staff21.7217.115 Ratio of trained employee=Number of trained employees in certa
168、in category/Total number of employees in certain category x 100%.6 Average training hour for each category of employees=Number of hours of training for employees in certain category/Total number of employees in certain category.27Environmental,Social and Governance Report 2024Cultivate Talents Care
169、for StaffTo deeply study and implement the spirit of the 20th National Congress of the Communist Party,and to comprehensively enhance the teaching innovation and competencies of educators,the School of Government at Peking University,in collaboration with Huashang College and Huashang Vocational Col
170、lege,have jointly organised a“Thematic Training Programme for Backbone Teachers on Teaching Innovation and Competency Enhancement.The programme was formally launched in Room 127 of the School of Management at Peking University.It employed a variety of instructional methods,including expert lectures,
171、on-site visits,group discussions,case analyses,and experience sharing,encouraging teachers to actively participate,share their teaching experiences,and exchange insights.Participants collaboratively explored hot topics in education,integrating theory into practice while emphasising inspiring teachin
172、g and interactive communication.The goal was to ensure that every teacher who participated in the training gained valuable insights and improvements.Figure 13 Peking UniversityHuashang College and Huashang Vocational College“Thematic Training Programme for Backbone Teachers on Teaching Innovation an
173、d Competency Enhancement”The Group is committed to building a high-quality,professional and dual-profession teaching and staff team through comprehensive and multi-level staff development training in the areas of professional skills upgrading,innovation in education and teaching methodologies,teache
174、r ethics and morale building,and industry-education integration training.During the Reporting Period,the major training activities in the Colleges organised by our Group included but were not limited to:Training courses and seminars in professional fields Training in educational and teaching methods
175、 Thematic lectures and sharing sessions on exemplary ethical conduct in teaching Organising training for teachers in collaboration with enterprises to understand industry dynamics and corporate needs,further advancing the integration of industry and education Thematic training programmes for backbon
176、e teachers on teaching innovation and competency enhancement Encouraging faculty and staff to obtain various professional qualifications“Quality Improvement and Excellence Cultivation”management skills enhancement programme Specialised training on enhancing skills in identifying and intervening duri
177、ng psychological crisis Seminar on enhancing curriculum implementation capabilities for relevant professional teachers in the new situation context28Cultivate Talents Care for StaffEdvantage Group Holdings LimitedLabour StandardsThe Group strictly abides by all applicable laws and regulations relati
178、ng to employment,including but not limited to Chinas Labour Contract Law,Labour Law,Regulations on Paid Annual Leave of Employees,Law on the Protection of Womens Rights and Interests,Law on the Protection of Disabled Persons,Regulations on Management of Housing Provident Fund,and Social Insurance La
179、w.In addition,the Group firmly resists and opposes any form of child and forced labour,recruits and employs faculty and staff and protects their legitimate rights and interests in strict compliance with Chinas Labour Law,Law on the Protection of Minors,Provisions on the Prohibition of Using Child La
180、bour,Teachers Law and other applicable laws and regulations.The Groups Human Resources Department has developed the Interim Provisions on Personnel Recruitment Management Policy to regulate matters which require attention and compliance during faculty and staff recruitment.The department will strict
181、ly supervise the recruitment and conduct background checks on applicants.Prior to official onboarding,candidates whose recruitment is approved will be required to provide the original identification documents,degree certificate,bankbook or other supporting documents,for the inspection of the Personn
182、el Office and copies will be retained.Candidates will not be employed if any violation is found.The use of any false identification documents will be regarded as fraud,and any Labour contract that has been signed will also be deemed invalid with immediate termination of employment.During the Reporti
183、ng Period,our Group did not employ any child labour in any form or complaints related to forced labour.Quality Education Compliance in School Operation29Environmental,Social and Governance Report 2024Teaching QualityTo strictly comply with Regulations on the Implementation of the Non-state Education
184、 Promotion Law of the PRC and standardise teaching activities,maintain a good teaching order,and establish a rigorous working style and enhance teaching quality,the Group has formulated the Regulations on Supervision over Teaching,Working Procedures for Supervision over Teaching and Mechanism of Ran
185、dom Check on Classes.The teaching supervision team of the Colleges will monitor and supervise the daily teaching quality of the College and teaching units,and inspect,supervise and evaluate the teaching level,teaching order and quality of teachers.Supervision activities include but are not limited t
186、o beginning,mid-term,and end-of-term teaching inspections,annual assessment,random check on teachers in class and listening to lectures,and arranging seminars for teachers and students.Any accident or fault will be considered as a an incident occurred during teaching process and will be reported and
187、 announced by the Academic and Research Department to the whole College.In addition to high-quality teaching materials,good teachers are also indispensable for achieving the goal of providing high-quality teaching.We encourage teachers from the Colleges under the Group to obtain professional qualifi
188、cations that are relevant to their jobs,hoping to build confidence in their educational services among students and their parents.Student EnrollmentThe Group adopts reasonable and effective learning environments and teaching policies to attract students and parents through various channels.Among the
189、m,platforms with solid credibility,such as WeChat,Department of Education publications,and education exhibitions,are the main channels for recruiting new students.At the same time,we also focus on the publicity and promotion of new recruitment activities through various channels and forms,including
190、publishing promotional materials on central-level media and major social mainstream media platforms,organising campus open weeks,and conducting information sessions to students and parents convey the educational philosophy and advantages of our Group and enhance our popularity and reputation.During
191、the Reporting Period,the Groups new student recruitment activities complied with Chinas Advertising Law and other legal requirements.Figure 14 30th Hong Kong International Education ExpoTo enhance the overall educational experience of students,our Group and the Colleges have established a subsidy di
192、stribution mechanism that encompasses seven measures:scholarships,grants,loans,reductions,subsidies,exemptions,and waivers.Additionally,relevant processes have been published,including the Identification Process for Students from Economically Disadvantaged Families and the Evaluation Process for Stu
193、dent Scholarships and Grants.30Quality Education Compliance in School OperationEdvantage Group Holdings LimitedThe Health and Safety of StudentsThe Group has always prioritised the health and safety of students,actively implementing a series of effective measures to create a safe and healthy learnin
194、g and living environment.During the Reporting Period,the Group focused on various aspects,including institutional development,resource investment,and educational promotion,to ensure that students can thrive in a conducive environment.To achieve the above objective,the Group has formulated the Studen
195、t Dormitory Management Regulations,which not only regulates the day-to-day management of the dormitories,but also particularly emphasises the safety management of the dormitories.For example,each student dormitory has a duty room,and a designated personnel is on duty 24 hours a day to take charge of
196、 student security and related management.In addition,any person is strictly prohibited to bring inflammable,explosive and other articles that may endanger others into the dormitories.The Groups Institutions are dedicated to creating a safe and comfortable living environment for students,and have com
197、prehensively optimised the dormitory facilities.From comfortable furniture arrangements to convenient living amenities and public leisure areas,all aspects reflected a focus on students needs.Notably,the installation of surveillance cameras on campus and the presence of duty personnel,along with reg
198、ular maintenance inspections of facilities,we strictly adhere to the regulations outlined in the Student Injury Incident Handling Measures regarding the provision of safe living facilities.This ensures the health and safety of students.During the Reporting Period,the Groups Institutions actively imp
199、lemented the Education Law of the Peoples Republic of China.To enhance the emergency rescue capabilities of faculty and students,Huashang College has started conducting training for Red Cross emergency responders.Through theoretical lectures and practical guidance from professional instructors,many
200、faculty and students participated and mastered essential first aid techniques.Additionally,the colleges have organised activities such as the“Safety First Course for New Students”and safety education sessions in collaboration with public security departments,providing new students with comprehensive
201、 and engaging safety knowledge education.Covering topics from legal awareness to various safety risk prevention in daily life,these diverse activities have deepened their understanding of the importance of safety.On the other hand,the Group is also deeply aware that an educator needs to take into ac
202、count the physical and mental health of students while teaching them knowledge,in addition to ensuring their good development in moral education and other aspects.As a successful educational institution,the Group not only maintains a high emphasis on the quality of education,but also provides approp
203、riate and comprehensive supporting facilities and services for students spiritual growth and mental health.The Group formulated Interim Measures for Psychological Crisis Intervention and the Rules and Regulations of Psychological Counseling Centre,in order to unify and standardise such services.It d
204、efined the target students to be provided with psychological support and stated the service content and specific work details,so as to lead students out of the mental haze and overcome fear.31Environmental,Social and Governance Report 2024Quality Education Compliance in School OperationThe Groups In
205、stitutions have also taken proactive measures by establishing professional mental health education centres,staffed with multiple qualified psychological counselors.They have launched a series of mental health education activities,including mental health lectures,themed class meetings,and psychologic
206、al training sessions.Furthermore,a psychological crisis intervention mechanism has been established to provide timely screening,assessment,and intervention for students experiencing psychological issues.By combining online and offline approaches,students can access psychological counseling services
207、through various channels,including appointment-based consultations,phone consultations,and online inquiries.The professional mental health education centres offer reliable psychological support services,while the diverse mental health education activities enrich students psychological knowledge and
208、enhance their psychological adaptation ability.The Group strictly adheres to the Guidelines for Mental Health Education for Higher Education Students,ensuring the mental well-being of students and enabling them to thrive in a positive and healthy psychological environment,facing the various challeng
209、es of academic and personal life with confidence.Figure 15 Mental Health Education and Counseling CentrePrivacy Protection PoliciesIn order to ensure the information security of our Group,the Group has strictly abided by the Cybersecurity Law and formulated the File Management Measures to regulate t
210、he organisation,safekeeping,confidentiality and utilisation of files,with an aim to reduce the risk of data leakage.The measures adopted to secure confidentiality include but are not limited to:the confidentiality levels of files are defined;the files are revised and decrypted in accordance with rel
211、evant regulations;the confidential files are properly kept in special cabinets to which irrelevant staff and unauthorised persons have no access;users can only look up files in the Groups reading room or designated place after undergoing relevant procedures according to the regulations and the confi
212、dential files shall not be lent without the approval of the Groups management.The Groups Administrative Office is responsible for supervising the management of files.Employees who are found to have violated the confidentiality provisions will be punished based on the severity of the situation.During
213、 the Reporting Period,there were no incident of violation of data privacy.32Quality Education Compliance in School OperationEdvantage Group Holdings LimitedIntellectual Property RightsThe Group is aware of the importance of protecting intellectual property rights.In order to promote the cultural awa
214、reness of respecting intellectual property rights,integrity and abiding by laws,all software used by the Groups Colleges is legally licensed,and the teaching materials used are ordered from reliable publishers.As a responsible school runner and educator,we highly value academic integrity and strictl
215、y comply with the Copyright Law of the Peoples Republic of China.It adopts a zero-tolerance attitude towards plagiarism and pursues due moral values in the education industry and at the same time enables its staff to understand the seriousness of infringement and sets a good example for our students
216、.Service-related Complaints and ResolutionsOur Group is open to comments from all parties,especially parents and students,and gets to know their needs through different communication channels.During the Reporting Period,our Group did not receive any case of complaint.If we received any complaint con
217、cerning education services,relevant department would immediately follow up and after learning about the incident,impose relevant penalties depending on the severity of the incident,such as reprimand the staff involved and deduct relevant staffs accumulated points for the year as a warning,with a vie
218、w to conveying the message to all teachers and students that faculty and staff should strictly discipline themselves and jointly maintain a good teaching environment.Annual Innovation AwardThe“2025 Annual Global Investment Carnival”hosted by Gelonghui,Chinas leading global investment research platfo
219、rm,is a highly regarded and influential selection event in Chinas capital market.This year,Edvantage Group was awarded the“Annual Innovation Award”in the“Golden Grid Award”annual outstanding company selection to recognise our creative and exemplary performance in ESG practices,as well as our ability
220、 to provide new solutions.The award acknowledges the Groups active engagement in social investment initiatives,contributions to the development of the Greater Bay Area,and innovative efforts in promoting industry-education integration and sustainable economic and social development.Figure 16 Golden
221、Grid Award Annual Innovation Award at 9th Gelonghui Global Investment Carnival33Environmental,Social and Governance Report 2024Quality Education Compliance in School OperationSupply Chain Management and MonitoringIn order to standardise the material supply procedures and strengthen the monitoring an
222、d management of suppliers,the Group has formulated a Procurement Management Policy to manage the Groups suppliers in terms of customer classification,screening,information-based management and assessment.In the hope of creating a safe,sanitary and comfortable teaching and living environment for teac
223、hers and students,the environmental and social risk factors of suppliers will be fully considered in addition to quality,reputation,price and other factors when selecting suppliers.For example,when purchasing daily necessities,drinking water equipment and teaching equipment,we will check the qualifi
224、cation certificates provided by the supplier,including certificates regarding its environment,occupational safety and health such as whether its product is made of green and environmentally-friendly materials.In the procurement for construction projects,suppliers will be required to provide business
225、 qualifications and a list of raw materials.After the supplier information is collected,new suppliers will be assessed by the Procurement Department,relevant departments and financial personnel,and only after the supplier has passed the assessment will they become the Groups qualified suppliers.Info
226、rmation of such qualified suppliers will be entered into the enterprise resource planning(“ERP”)system.In addition,our Group has formulated rules and regulations for the responsibilities of the functional departments of the procurement centre,aiming to standardise the Groups bidding,procurement,and
227、warehousing management,clarify the division of responsibilities of each department,ensure quality,enhance efficiency,reduce costs,and achieve comprehensive benefits.The policy also includes the procedure for bidding and qualification review to ensure that the bidding applicant unit operates legally,
228、is of sound financial condition and has good reputation,and avoids our Group from being exposed to related legal litigation risks.Currently,the Group has a total of 285 qualified suppliers(2023:246 suppliers)of books and teaching materials,renovation and decoration as well as printing from mainland
229、China,who are subject to annual assessment and rating every year.For suppliers who have failed the assessment,their cooperation relationship with the Group will be terminated.Caring and Giving back to the Community34Edvantage Group Holdings LimitedCommunity InvestmentAs an educational enterprise,the
230、 Group is actively engaged in community construction and public welfare.Every year,the Group participates in various activities such as volunteer activities,charitable donations and activities to care for the community.While developing an educational business,we also care for society and perform our
231、 obligations as corporate citizens.During the Reporting Period,the total hours devoted by the faculty members and staff of the Group to volunteer service have reached over 49,000 hours and donated more than RMB550,000 in cash and supplies.The Groups on-and off-campus volunteer activities include but
232、 are not limited to:Charity donation;Blood donation;Teaching activities for public welfare;and Community services,etc.Caring for the Community Social PracticesIn order to learn more about the spirit of volunteerism,i.e.“dedication,friendship,mutual help and progress”,and to encourage students to und
233、erstand the responsibility of the times and social responsibility through practical activities,during the Reporting Period,the Colleges under the Group have achieved significant results and performance in social practices such as the“Billion Projects”(百千萬工程),“Return to Hometown”(返家鄉)and“Bringing Thr
234、ee Concepts to the Rural Areas”(三下鄉).Approximately 350 teams have successfully registered,and about 130 teams have paired with local governments to form Guangdong University Student“Billion Projects”task forces,with nearly a thousand faculty and students participating.It covered fields including the
235、 Communist Party of Chinas history study and education,rural revitalisation,inheritance of outstanding traditional culture,theoretical preaching,and educational care.These practical teams travelled throughout Zengcheng and surrounding areas,and even extended to Jiangmen City,Shantou City and Shaogua
236、n City.They demonstrated the sense of responsibility and mission of the students of Huashang Vocational College with practical actions,contributed to the rural revitalisation,and demonstrated the spirit of youth.This years“Bringing Three Concepts to the Rural Areas”social practice activity and the G
237、uangdong university student“Billion Projects”task force achieved two significant breakthroughs.First,the number of teams and participants reached a record high.Second,the number of task force projects related to the Bringing Three Concepts to the Rural Areas”initiative also reached a record high lev
238、el.The activities contribute to the development of quality education in numerous towns and villages in the mainland and help rural children to lead a path of youth in the new era on the road to high-quality development.We adhere to our mission in education,actively engage in charity work,take up soc
239、ial responsibilities and constantly devote efforts and resources to the community,to better enhance our education standards.Figure 17 Launch Ceremony of the Billion Projects Task ForceFigure 18 Voluntary Teaching Activities35Environmental,Social and Governance Report 2024Caring and Giving back to th
240、e CommunityDouble Innovation Supporting Agriculture,Pursuing Dreams in YouthDuring the summer social practice,we actively engaged in community service,rural development,and cultural heritage preservation,dedicating our efforts to contribute to our hometown.Faculty and students,guided by a strong sen
241、se of purpose,closely aligned with the actual conditions on the ground,reaching rural areas,communities,and schools.We enriched the spiritual lives of rural residents through cultural outreach,engaging performances and cultural exchange activities to enhance their cultural literacy and appreciation
242、of the arts.By promoting agricultural technology,we provided farmers with consultations and services,introducing innovative agricultural techniques and equipment to boost their scientific cultural literacy and technological awareness.By providing medical services in rural areas,we organised medical
243、teams to offer free healthcare services and health consultations to rural residents and conducted health seminars and check-up activities to raise health awareness and self-care abilities among them.We leveraged our professional strengths to support the revitalisation of rural industries,talent,and
244、culture,effectively addressing practical issues for local communities and injecting strong motivation into rural revitalisation,contributing our wisdom and strength.Figure 19 “Joy in Supporting Agriculture”Practice TeamFigure 20 “Journey into Town”Practice Team Charity Live Stream36Caring and Giving
245、 back to the CommunityEdvantage Group Holdings LimitedCollaborative Care to the Elderly,Inherit the VirtuesRespecting and caring for the elderly is the foundation of virtue.To further promote traditional virtues and create a positive social atmosphere that honours and respects the elderly,we aim to
246、guide young students to become inheritors and practitioners of Chinese traditional virtues and exemplary social norms.During the Reporting Period,the“Qingcheng with Love”volunteer service studio from the Urban Vocational College visited the Jinye Nursing Home in Gong Village,Dongpo District,Meishan
247、City,Sichuan Province,to hold a plaque ceremony for establishing a friendly partnership with the local community.They also conducted the volunteer service activity“Never Its Too Late,Youth Brings Warmth to the Elderly”,bringing care and warmth to the elderly.Meanwhile,the Urban Technician College ha
248、s organised student volunteers to visit the Chuan Tuo Yikang Nursing Centre to carry out activities that promote respect and care for the elderly,demonstrating traditional virtues through their actions.Figure 21 Urban Vocational College“Qingcheng with Love”Volunteer ServiceFigure 22 Urban Technician
249、 College Elderly Care Volunteer ActivitiesCommunity Education Fuels GrowthIn addition,the Group actively responds to the national call and fully promotes the vigorous development of community education.The Groups Institutions leveraged their rich educational resources to create a diverse range of ex
250、citing and enriching educational courses and training activities for local community residents.Among these initiatives,the Zengcheng“Youth Night School”has become an important platform for young people to enhance their skills.It offered practical vocational training courses,such as computer operatio
251、n and financial management,in line with the provisions in the Education Law of the Peoples Republic of China,which encourages schools to engage in social services.This effectively enhanced the employment competitiveness of residents.37Environmental,Social and Governance Report 2024Caring and Giving
252、back to the CommunityThe“Zengcheng Mama”project promoted the enhancement and expansion of the housekeeping service industry in Zengcheng,aiming to cultivate a group of high-quality housekeeping service professionals who possess multiple skills,including“household cleaning”,“maternal and infant care”
253、,“Cantonese cuisine cooking”,and“elderly companionship”.These professionals will receive a Trustful Service Certificates and have clear and reliable backgrounds,thereby broadening employment opportunities for women and providing society with more high-quality and reliable talent in the housekeeping
254、service sector.At the same time,the Huashang Skill Training Centre closely focuses on three key projects:“Cantonese Cuisine Chefs”,“Cantonese Housekeeping Services”,and“Guangdong Technicians”,as well as the ten emerging industrial clusters in Guangdong.The centre consistently conducts various vocati
255、onal training,skills assessments,skills competitions,and employment and entrepreneurship services.Courses related to Cantonese cuisine and Cantonese Housekeeping services are offered year-round,contributing to the preservation of Cantonese culinary culture and the enhancement of housekeeping service
256、 standards.Additionally,training for specialised occupations such as electricians and welders is provided to ensure that workers in these fields possess the necessary professional skills and safety awareness.The centre is also actively exploring innovative training models for emerging professions to
257、 meet the talent needs of developing industries.Figure 23 First Public Course of the Youth Night School:Cake Baking Class and Certificate Award Ceremony for“Cantonese Housekeeping Services”,“Zengcheng Mama”ProjectIn addition,to promote the development of rural and impoverished areas,during the Repor
258、ting Period,our Group also made monetary and material donations in such activities as the 2024 Guangdong Poverty Alleviation Day,the District Chamber of Commerce Charity Fund,and the Rural Revitalisation Campaigns.38Caring and Giving back to the CommunityEdvantage Group Holdings LimitedSchool-Enterp
259、rise Collaboration Industry-Education IntegrationThe Group actively implements the requirements for industry-education integration outlined in the National Vocational Education Reform Implementation Plan and promotes cooperation with the community.During the Report Period,the Groups Institutions col
260、laborated with numerous enterprises and advanced experimental platforms such as the cross-disciplinary comprehensive simulation internship platform for business management,the fintech experimental platform,the big data and artificial intelligence interactive experience centre,and the Digital Account
261、ing and Business Services Industries College serve as foundations for collaboration,we have jointly established a number of internship and training bases for students.These bases provide students with valuable practice areas where they can practice their skills and accumulate experience in a real wo
262、rk environment.Figure 24 Digital Accounting and Business Services Industries CollegeIn accordance with the requirements for promoting industry-education integration outlined in the National Vocational Education Reform Implementation Plan,Huashang College actively fostered community collaboration and
263、 industry-education integration through practical training bases such as the digital multimedia communication and e-commerce base,the animation and gaming industry base,the simulation hospital,and the Chinese Cuisine Prosperity Base.These training platforms not only inject new vitality into communit
264、y development but also pave new pathways for cultivating application-oriented and innovative talent.This collaborative effort achieved a win-win situation for schools,enterprises,and communities,making a positive contribution to regional economic and social development.Figure 25 Peach Blossom Island
265、 Corporate Instructors Teaching39Environmental,Social and Governance Report 2024Caring and Giving back to the CommunityCultivate Talent Youth DevelopmentThe Group has maintained a long-term collaboration with the Hong Kong Vocational Training Council(“VTC”)and its affiliated colleges.On September 22
266、,2023,a signing ceremony for a memorandum of cooperation was successfully held between Huashang Vocational College and the VTCs Hotel and Tourism disciplines(including the School of Hotel and Tourism Management,the Chinese Culinary Institute,the International Culinary Institute,and the Hong Kong Ins
267、titute of Vocational Education Hotel and Tourism).This partnership marked a new milestone in the collaboration between Huashang Vocational College and VTC,injecting new vitality into the development of vocational education in the Greater Bay Area and jointly promoting the prosperous development of v
268、ocational education in the Greater Bay Area.The Group actively participates in and organises youth development activities,with an aim to effectively promote the teenagers to acknowledge and understand the Countrys development in depth,encourage them to actively integrate into the overall situation o
269、f national development and share development opportunities.During the Reporting Period,our Group has organised multiple exchange activities for mainland youths to Hong Kong.Through the Greater Bay Youth Career Development Association(“Youth Promotion Association”),we assist students from Huashang Co
270、llege to visit the Chinese University of Hong Kong,Hong Kong University of Science and Technology and Hong Kong Metropolitan University for study and exchange.In addition,the Youth Promotion Association also assisted the principal and students of Huashang College to visit and exchange with Tung Wah
271、College.Both Huashang College and Huashang Vocational College have separately signed Memorandum of Understanding with Tung Wah College,and reached consensus on a number of collaborations,such as of student exchange and further education cooperation,teacher academic exchange and scientific research c
272、ooperation,curriculum sharing and mutual recognition among the three schools,and sharing of nursing internship and practical training resources.Figure 26 Signing Ceremony between Huashang Vocational College and the Hong Kong Vocational Training CouncilFigure 27 Huashang College“Discover the Beauty o
273、f Hong Kong”Study Tour with Representatives from Hong Kong Metropolitan University40Caring and Giving back to the CommunityEdvantage Group Holdings LimitedIn addition,we set up scholarships,grants and awards in different fields to promote hard work,proactiveness and all-round development among stude
274、nts.In the past six years,nearly 1,460,000 students benefited from such schemes,with the subsidy amounting to over RMB265,000,000.During the Reporting Period,we subsidised more than 29,000 underprivileged students,with the amount of subsidy exceeding RMB30 million.No.of students benefited during the
275、 Reporting Period(approximately)Subsidy Amount(RMB)531,200107,348,600Students are highly motivated and their overall quality has significantly improved;the outstanding ones have even received national scholarships.The Group spare no effort in fostering talents,we educated generations of talents bear
276、ing social responsibilities and willingness to serve different aspects of the country and communities.To meet the demands of e-commerce development and technological innovation in the Greater Bay Area,Huashang College has partnered with various secondary colleges to launch the“Elite Training Program
277、me for International Talent in Digital Trade in the Greater Bay Area.The programme aims to cultivate students skills required in the e-commerce industry within the digital economy through practical and theoretical learning.The curriculum includes topics such as e-commerce live streaming techniques a
278、nd video production,combining instruction from industry mentors with hands-on practice to enhance students professional capabilities and practical experience.Figure 28 Recruitment Seminar for the Greater Bay Area Digital Trade International Talent Elite ProgrammeMoreover,the Group places great empha
279、sis on the cultivation of ESG talents.In March 2024,our Group successfully held the ESG Talent Development Conference.During the conference.Our Group held in-depth discussions with the School of Accountancy on the establishment of an ESG Research Institute on ESG talent cultivation methods and relat
280、ed matters.Subsequently,a series of implementation plans have been formulated by both parties,aiming to provide strong support for the sustainable development strategy and promote the harmonisation of the economic environment and society.To further advance the efforts in ESG talent development,the f
281、irst selection event for Huashang College ESG Campus Ambassadors was held.The ESG Campus Ambassadors serve as appointed representatives of the school,acting as image ambassadors and spokespersons for ESG initiatives,as well as bridges for communication between the school,enterprises,and students.The
282、y assist fellow students by answering various questions related to ESG research activities,ESG workshops,and other relevant matters on campus.41Environmental,Social and Governance Report 2024Caring and Giving back to the CommunityIn addition,this year we organised a“Career Exploration under the Them
283、e of Sustainable Development”research and study activity in Guilin,Guangxi.Nearly 40 participants,including corporate mentors,group members,faculty and students,took part in the event.Huashang Colleges ESG Campus Ambassadors were involved in promoting ESG practices.During the study tour,participants
284、 visited Esquels sustainable development garden Integral and learnt about how enterprises integrate ESG concepts into their daily operations.The event enabled the students to appreciate the appeal of ESG concepts in corporate practice and strengthened the school-enterprise connection.Figure 29 ESG S
285、tudy TourFigure 30 ESG Talent Cultivation ConferenceMoreover,Huashang College actively promoted ESG-related activities,not limited to ESG workshops,and ESG lectures etc.,aimed at cultivating students awareness and practical abilities in sustainable development.The Group is committed to nurturing out
286、standing talents with a sense of responsibility and innovative spirit,working together to build a green future.Protecting the Environment with a Greener Campus42Edvantage Group Holdings LimitedEnvironmental Conservation and OperationsIn addition to providing core educational services,our Group also
287、considers environmental protection an integral part of its operation.Our Group has incorporated sustainable development concepts in its daily management and operates in an environmentally conscious and responsible manner to improve the environmental awareness of all its teachers and students and str
288、ive to build greener campuses.We also strictly abide by environmental laws and regulations,including but not limited to the PRCs Environmental Protection Law,Law on the Prevention and Control of Atmospheric Pollution,Law on the Prevention and Control of Water Pollution,Law on the Prevention and Cont
289、rol of Solid Waste Pollution and the Environment and Law on Energy Conservation.In addition,our Group has established comprehensive environmental management systems and policies,including the Green Office Management Regulations of our Group Headquarters,the Waste Management Regulations of our Group
290、Headquarters,and the Management Regulations for Public Resources and Supplies at our Group Headquarters.Environment-related TargetsBesides,our Group advocates energy conservation and carbon reduction,and is committed to sustainable operations.To this end,we have set clear short-term,medium-term and
291、long-term emission reduction targets,and to work towards the following objectives with a baseline of the 2021/22 financial year:Short-term emission reduction targetsMedium-term emission reduction targetsLong-term emission reduction targetsAir emissions intensity Reduce 3%of air emission intensity by
292、 financial year 2024/25 Reduce 5%of air emission intensity by financial year 2026/27 Reduce 8%of air emission intensity by financial year 2029/30Energy consumption intensity Reduce 3%of energy consumption intensity by financial year 2024/25 Reduce 5%of energy consumption intensity by financial year
293、2026/27 Reduce 8%of energy consumption intensity by financial year 2029/30Water consumption intensity Reduce 3%of water consumption intensity by financial year 2024/25 Reduce 5%of water consumption intensity by financial year 2026/27 Reduce 8%of water consumption intensity by financial year 2029/30W
294、aste disposal intensity Reduce 3%of waste disposal intensity by financial year 2024/25 Reduce 5%of waste disposal intensity by financial year 2026/27 Reduce 8%of waste disposal intensity by financial year 2029/3043Environmental,Social and Governance Report 2024Protecting the Environment with a Green
295、er CampusLooking ahead,we will deploy more resources in areas such as resource recycling,renewable energy usage,and green building materials to promote the development of a circular economy.During the Reporting Period,our Group had no significant compliance issues in this regard.This report will out
296、line the Groups relevant emissions and control measures in the following sections.EmissionsAir EmissionsAs our Group is engaged in educational services,no industrial or commercial activities are involved in its daily operation.Furthermore,our Group has no gas consumption from gas stoves as the cante
297、ens in the Colleges have been outsourced to catering management companies.The Groups air emissions derive mainly from automobiles.Types and data of emissions discharged during the Reporting Period are as follows:Major Emissions7,8Unit202420232022Nitrogen oxides(NOx)kg971.281,147.021,246.36Sulphur di
298、oxide(SOx)kg22.5324.7018.69Particulateskg29.2534.6237.71During the Reporting Period,the effectiveness of the Groups emission reduction measures was demonstrated by the decrease in total amount of exhaust emissions compared to last financial year.Our Group is actively seeking ways to further reduce e
299、xhaust emissions,including the use of passenger vehicles with higher emission standards(China V and China VI),a greater proportion of cleaner fuels(e.g.unleaded petrol and natural gas),as well as encouraging the use of electric vehicles.7 The calculation of air pollutant emissions is based on the“Te
300、chnical Guide for the Compilation of Air Pollutant Emissions Inventory for Road Motor Vehicles(trial)”published by Ministry of Ecology and Environment of the PRC.8 As the relevant calculation methodologies used have been updated in this Reporting Period,our Group has restated the data for the 2022/2
301、3 and 2021/22 fiscal years to maintain consistency in the reports disclosures.44Protecting the Environment with a Greener CampusEdvantage Group Holdings LimitedGreenhouse Gases EmissionsThe Groups direct emissions of greenhouse gases mainly result from the burning of fuel in the Groups vehicles,whil
302、e the indirect emissions of greenhouse gases are mainly from the purchased electricity,discarded waste paper and the flights taken by employees during their business trips.Major EmissionsUnit202420232022Scope 18,9,10,11Burning of fuel in vehicles:Carbon dioxideMetric tonnes of CO2 equivalent276.5826
303、8.21235.67MethaneMetric tonnes of CO2 equivalent1.111.070.95Nitrous oxideMetric tonnes of CO2 equivalent0.650.630.56Greenhouse gas removal12Metric tonnes of CO2 equivalent(23.02)(51.68)(80.62)(Scope 1)Total amount of emissionMetric tonnes of CO2 equivalent255.32218.23156.56(Scope 1)Emission Intensit
304、yMetric tonnes of CO2 equivalent/employee130.0360.0320.0328 As the relevant calculation methodologies used have been updated in this Reporting Period,the Group has restated the data for the 2022/23 and 2021/22 fiscal years to maintain consistency in the reports disclosures.9 Scope I:Direct emissions
305、 from operations that are owned or controlled by the Group.10 The calculation of greenhouse gas emissions is based on the Tools and Guidance on Calculating Greenhouse Gas Emissions from Energy Consumption(version 2.1)released by the World Resources Institute.11 Figures of certain items may differ du
306、e to rounding.12 Scope 1 GHG reductions due to tree planting.According to Part D in the A1.2 Direct(Scope 1)greenhouse gas emissions and intensity in How to Prepare an ESG Report Appendix 2:Reporting Guidance on Environmental KPIs under HKExs Environmental,Social and Governance Reporting Guide and E
307、PDs Guidelines to Account for and Report on Greenhouse Gas Emissions and Removals for Buildings(Commercial,Residential or Institutional Purposes)in Hong Kong,this Removal Factor is applicable to trees commonly found in Hong Kong that are able to reach at least five metres in height.13 As of August 3
308、1,2024,since only Huashang College,Huashang Vocational College,Huashang Technical School,Urban Vocational College and Urban Technician College have relevant data,the number of employees only includes the total number of employees in those Colleges,totalling 7,004.45Environmental,Social and Governanc
309、e Report 2024Protecting the Environment with a Greener CampusMajor EmissionsUnit202420232022Scope 214,15,16 ElectricityMetric tonnes of CO2 equivalent33,047.7528,165.6924,679.52 Natural gasMetric tonnes of CO2 equivalent1,753.521,414.261,882.79(Scope 2)Total amount of emissionMetric tonnes of CO2 eq
310、uivalent34,801.2729,579.9526,562.31(Scope 2)Emission IntensityMetric tonnes of CO2 equivalent/employee174.974.375.35Scope 318,19 Waste paper treatment20Metric tonnes of CO2 equivalent568.43121.22115.78 Employees business tripsMetric tonnes of CO2 equivalent171.97138.6593.78(Scope 3)Total amount of e
311、missionMetric tonnes of CO2 equivalent740.40259.87209.56(Scope 3)Emission IntensityMetric tonnes of CO2 equivalent/employee130.1060.0380.042Total emissionsTotal emissionsMetric tonnes of CO2 equivalent35,796.9930,058.0526,928.44Total emissions intensityMetric tonnes of CO2 equivalent/employee175.114
312、.445.4214 The calculation of greenhouse gas emissions is based on the Baseline Emission Factors for Regional Power Grids in China in 2021 issued by MEEs Department of Climate Change.15 Scope II:Energy indirect emissions resulting from the generation of purchased or acquired electricity,heating,cooli
313、ng and steam consumed within the Group.16 As the relevant calculation methodologies used have been updated in this Reporting Period,the Group has restated the data for the 2022/23 and 2021/22 fiscal years to maintain consistency in the reports disclosures.17 The number of employees used to calculate
314、 the intensity is the number of employees at the end of the Reporting Period.18 Scope III:All other indirect greenhouse gas emissions that occur outside the Group,including both upstream and downstream emissions.19 The calculation of greenhouse gas emissions is based on the emission factor mentioned
315、 in Part A in the A1.2 Scope 3 Other indirect emissions in How to Prepare an ESG Report Appendix 2:Reporting Guidance on Environmental KPIs under HKExs Environmental,Social and Governance Reporting Guide.20 As an optimisation of our ESG report has taken place,we have reviewed and updated the calcula
316、tions related to greenhouse gas emissions from waste paper treatment.We have also included the greenhouse gas emissions associated with paper printing to more comprehensively reflect the Groups operational impact on the environment.46Protecting the Environment with a Greener CampusEdvantage Group Ho
317、ldings LimitedMeasures to Reduce EmissionsIn order to effectively reduce the emissions generated by our Group,our Group laid down the Fleet Management Measures,which describe the following measures it has taken to achieve its emissions reduction target:Reasonable driving.Private use of business vehi
318、cles is prohibited and long-distance despatch is subject to strict review to reduce unnecessary travel;Weekly inspection and maintenance of vehicles are conducted to enhance burning efficiency of fuel;and Commuter services are provided to faculty and staff to reduce fuel consumption.During the Repor
319、ting Period,our campuses planted more than 1,000 trees,reducing approximately 23 metric tonnes of carbon dioxide emissions.We will continue to carry out afforestation to reduce emissions generated in the course of operation.During the Reporting Period,Huashang College,Huashang Vocational College,and
320、 other Institutions have undertaken various construction projects for new campuses.As a result,the total greenhouse gas emissions increased compared to the last financial year,with the total emissions intensity rising by approximately 15%.Colleges of the Group will continue to take measures to reduc
321、e emissions.Hazardous and Non-Hazardous WastesThe Groups solid waste is mainly derived from all sorts of recyclable and non-recyclable household garbage generated in the Colleges,such as paper generated from learning activities,office supplies,plastic,kitchen wastes,construction wastes,greening garb
322、age,etc.Non-hazardous wastes are properly disposed of by third-party environmental sanitation service companies,including recycling wastes,which are engaged by property management companies,in accordance with the Law of the Peoples Republic of China on the Prevention and Control of Environmental Pol
323、lution by Solid Wastes and other relevant regulations.The hazardous wastes are primarily medical wastes.There are recyclers who collect medical wastes for detoxification on a monthly basis.To effectively manage medical wastes,the Colleges have also developed the Medical Waste Management Policy,Labor
324、atory Dangerous Goods Management Plan,and Domestic Waste Separation and Disposal Process System,detailing specifications and the description related to the classification,collection,and transportation of medical wastes.Medical wastes are collected by the infirmary every day and recycled by the compa
325、ny that is designated by the municipal health department for centralised disposal.47Environmental,Social and Governance Report 2024Protecting the Environment with a Greener CampusDetailed data of the Groups emissions during the Reporting Period are as follows:Types of wastesUnit202420232022Hazardous
326、 wastesMetric tonnes2.07941.36750.6920Hazardous wastes intensityMetric tonnes/employee21 0.000300.000200.00019Non-hazardous wastesMetric tonnes3,721.703,755.23,657.8Non-hazardous wastes intensityMetric tonnes/employee221.21071.28032.1291Measures to Reduce Generation of WastesThe Group actively advoc
327、ates the idea of green campus and adheres to the 4Rs principle in environmental protection(reduce,reuse,recycle and replace)in daily operation,aiming to minimise the generation of wastes and make full use of resources.To prevent wasting office resources and to avoid the generation of more waste,our
328、Group implemented a rationing system for office supplies,in hope of further raising staffs saving awareness while advocating environmental protection.In terms of paper consumption,we requested the faculty and staff to handle work and process documents online,so as to reduce the printing of paper doc
329、uments.In case printing is necessary,they are required to use double-sided photocopying and reuse single-sided paper for photocopying or printing of the first draft.In case of wastage of paper,each department shall pay RMB1 from its funds for each copy.In terms of wastes,each College has set up garb
330、age cans for classification to sort out recyclable solid wastes and hand them over to cleaning service companies for treatment.In addition,if an employee is found to have printed his/her personal information outside of the scope of work,he/she will be required to pay a fine of 10 times the cost of t
331、he paper as a warning to others.In terms of the reduction of hazardous waste emissions,specialised recycling has also been carried out.Medical waste is mainly generated when an employee or student at the Groups Colleges is injured in an accident.The Colleges can only do their best to provide limited
332、 emergency measures to the injured.If the injury is serious,the Colleges will advise the injured to seek appropriate treatment in a hospital or medical clinic.Therefore,in general,there will be no waste of medical supplies that will result in an increase in unnecessary medical waste.During the Repor
333、ting Period,the total amount of hazardous waste increased,with an intensity increase of approximately 50%.In contrast,the total amount of non-hazardous waste decreased,resulting in an intensity reduction of approximately 5%.Looking ahead,we will continue to monitor closely and make every effort to implement various emissions reduction measures.21 During the Reporting Period,since only Huashang Col
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