HKEx-Aligment
Alignment Report to the Hong Kong Exchange’s Environmental Social & Governance Guide (ESG Guide)
MGM China's 2020 sustainability reporting, included with the 2020 Company Annual Report, as well as on this website, has been prepared in accordance with the requirements of the Hong Kong Stock Exchange's Environmental, Social and Governance (“ESG”) Reporting Guide (“ESG Guide”).
The below table outlines MGM China’s adherence to the ESG Guide. Information is both found within the Annual Report, as well as on this website, which has been uploaded onto this website within 3 months of publishing the 2020 Annual Report.
| Overall approach | ||||
|---|---|---|---|---|
| Topic | HKEx ESG Guide - related content | Coverage | Page number in Annual Report | Note & link to supplementary information |
| ESG strategy & reporting | Board responsibility regarding ESG strategy, reporting & risk management | Full | Pg. 58-63 | |
| ESG management approach, strategy, priorities, objectives | Full | Pg. 58-60 | ||
| Reporting scope | Full | Pg. 60 | ||
| Materiality assessment | Full | Pg. 58 | ||
| Business Review in accordance with Schedule 5 to the Companies Ordinance | Full | Pg. 121 | ||
| Subject Areas, Aspects, General Disclosures and KPIs | ||||
| Environmental | ||||
| Information type | HKEx ESG Guide - related content | Coverage | Page number in Annual Report | Note & link to supplementary information |
| Aspect A1: Emissions | ||||
| General disclosure | Related policies and compliance | Full | Pg. 59, 61, 92-97 |
MGM's Sustainability Policy ultimately governs our approach. As per pg.60: in 2019, the Group was in compliance with all applicable laws and regulations. Click HERE for MGM's Sustainability Policy. |
| KPI A1.1 | Types of emissions and respective data | Full | Pg. 93 | |
| KPI A1.2 | Greenhouse gas emissions, in total and intensity | Full | Pg. 94 | |
| KPI A1.3 | Hazardous waste produced, in total and intensity | Full | Pg. 96 | |
| KPI A1.4 | Non-hazardous waste produced, in total and intensity | Full | Pg. 95-96 | |
| KPI A1.5 | Description of measures to mitigate emissions and results achieved | Full | Pg. 92-97 | |
| KPI A1.6 | Description of how hazardous and non-hazardous wastes are handled and reduced, and results achieved | Full | Pg. 95-96 | |
| Aspect A2: Use of Resources | ||||
| General disclosure | Related policies | Full | Pg. 59, 61, 92-97 |
MGM's Sustainability Policy ultimately governs our approach. Click HERE for MGM's Sustainability Policy. |
| KPI A2.1 | Direct/indirect energy consumption, by type in total and intensity | Full | Pg. 94 | |
| KPI A2.2 | Water consumption, in total and intensity | Full | Pg. 94-95 | |
| KPI A2.3 | Description of energy use efficiency initiatives and results | Full | Pg. 94 | |
| KPI A2.4 | Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency initiatives and results |
Full | Pg. 94-95 | |
| KPI A2.5 | Total packaging material used for finished products (in tones) and, if applicable, with reference to per unit produced |
Not applicable | Not applicable | Business not in manufacturing. MGM does aim to procure products with less packaging wherever possible however. |
| Aspect A3: The Environment and Natural Resources | ||||
| General disclosure | Related policies | Full | Pg. 52-543, 74-84 |
MGM's Sustainability Policy ultimately governs our approach. Click HERE for MGM's Sustainability Policy. |
| KPI A3.1 | Description of significant impacts of activities on the environment and natural resources and actions taken to manage them | Full | Pg. 74-84 | |
| Social | ||||
| Information type | HKEx ESG Guide - related content | Coverage | Page number in Annual Report | Note & link to supplementary information |
| Aspect B1: Employment | ||||
| General disclosure | Related policies and compliance | Full | Pg. 59,61,65-70 |
MGM's Sustainability Policy ultimately governs our approach. As per pg.60: in 2019, the Group was in compliance with all applicable laws and regulations. Click HERE for MGM's Sustainability Policy. |
| KPI B1.1 | Total workforce by gender, employment type, age group & geographical region | Full | Pg. 69 | See link HERE for employment statistics. |
| KPI B1.2 | Employee turnover by gender, age group and geographical | Not reported | Not reported. Recommended disclosure only. | |
| Aspect B2: Health and Safety | ||||
| General disclosure | Related policies and compliance | Full | Pg. 59, 65-70 |
MGM's Sustainability Policy ultimately governs our approach. As per pg.53: in 2017, the Group was in compliance with all applicable laws and regulations. Click HERE for MGM's Sustainability Policy. |
| KPI B2.1 | Number and rate of work related fatalities | Full | Pg.70 | |
| KPI B2.2 | Lost days due to work injury | Full | ||
| KPI B2.3 | Description of occupational health and safety measures adopted, how they are implemented and monitored |
Full | Pg.70 | |
| Aspect B2: Development and Training | ||||
| General disclosure | Related policies | Full | Pg. 59,61,65-84 |
MGM's Sustainability Policy ultimately governs our approach. As per pg.53: in 2017, the Group was in compliance with all applicable laws and regulations. Click HERE for MGM's Sustainability Policy. |
| KPI B3.1 | The percentage of employees trained by gender and employee category | Partial | Pg.61 | |
| KPI B3.2 | The average training hours completed per employee by gender and employee category |
Partial | Pg.61 | |
| Aspect B4: Labor Standards | ||||
| General disclosure | Related policies and compliance | Full | Pg. 59, 61-70 |
MGM's Sustainability Policy ultimately governs our approach. As per pg.60: in 2019, the Group was in compliance with all applicable laws and regulations. MGM's Anti-Human Trafficking Position Statement also details MGM's policy towards preventing child and forced labor. Click HERE for MGM's Sustainability Policy. |
| KPI B4.1 | Description of measures to review employment practices to avoid child and forced labor |
Full | Pg. 68, 92 | |
| KPI B4.2 | Description of steps taken to eliminate such practices when discovered |
Full | See link HERE for steps taken. | |
| Aspect B5: Supply Chain Management | ||||
| General disclosure | Related policies | Full | MGM's Sustainability Policy ultimately governs our approach. Click HERE for MGM's Sustainability Policy. MGM's Anti-Human Trafficking Position Statement also applies to the Company's supply chain. Click HERE. | |
| KPI B5.1 | Number of suppliers by geographical region | Full | See link HERE for statistics. | |
| KPI B5.2 | Description of practices relating to engaging suppliers, number of suppliers where the practices are being implemented, how they are implemented and monitored. |
Full | Pg. 71-75 | |
| Aspect B6: Product Responsibility | ||||
| General disclosure | Related policies and compliance | Full | Pg. 59, 64-65 |
MGM's Sustainability Policy ultimately governs our approach. As per pg.53: in 2017, the Group was in compliance with all applicable laws and regulations. Click HERE for MGM's Sustainability Policy. |
| KPI B6.1 | Percentage of total products sold or shipped subject to recalls for safety and health reasons |
Not applicable | Not applicable | Business not in manufacturing. |
| KPI B6.2 | Number of products and service related complaints received and how they are dealt with |
Partial | Pg. 62-65 | |
| KPI B6.3 | Description of practices relating to observing and protecting intellectual property rights |
Full | Pg. 64-65, 120 | |
| KPI B6.4 | Description of quality assurance process and recall procedures |
Partial | Pg. 59 | |
| KPI B6.5 | Description of consumer data protection and privacy policies, how they are implemented and monitored |
Full | Pg. 59 | |
| Aspect B7: Anticorruption | ||||
| General disclosure | Related policies and compliance | Full | Pg. 59 | |
| KPI B7.1 | Number of concluded legal cases regarding corrupt practices brought against the issuer or its employees during the reporting period and the outcomes of the cases |
Full | Pg. 59 | |
| KPI B7.2 | Description of preventive measures and whistle-blowing procedures, how they are implemented and monitored |
Full | Pg. 59 | |
| Aspect B8: Community Investment | ||||
| General disclosure | Related policies | Full | Pg. 52-53, 76-91 | MGM's Sustainability Policy ultimately governs our approach. Click HERE for MGM's Sustainability Policy., which is also supported by our Philanthropy and Community Engagement Policy and Procedure. |
| KPI B8.1 | Focus areas of contribution (e.g. education, environmental concerns, labor needs, health, culture, sport) |
Full | Pg. 76-91 | |
| KPI B8.2 | Resources contributed (e.g. money or time) to the focus area |
Full | Pg. 76, 85, 86-90 | |