MATERIALITY ASSESSMENT [7] During the engagement process, stakeholders were invited to assess various sustainability topics, indicators and aspect boundaries in accordance with the GRI G4 guideline for this CSR report. They were asked to rate the relative importance of issues and consider whether these have impact inside and/or outside our operations. To ensure the indicators and issues align to industry practice, we benchmarked the aspects and indicators against industry peers to identify whether those are treated as an industry norm. Balancing the rating and benchmarking results, the following aspects and issues were reviewed and approved by the Group’s CSR Steering Committee as material to the Group and are disclosed in this report. Categories and aspects with high significance [8] Impact Boundary Section where the details are disclosed Page inside the organization [9] outside the organization [10] ECONOMIC Economic Performance ✓ ✓ Message from CEO our Business Our People Engaging with Communities 3-4 5-6 17-19 23-24 Market Presence ✓ ✓ Message from CEO About our Business Performance Statistics 3-4 5-6 34-40 ENVIRONMENTAL Energy ✓ ✓ Environment Performance Statistics 25-29 34-39 Water ✓ ✓ Environment Performance Statistics 25-29 34-39 Biodiversity ✓ ✓ GRI G4 Content Index 41-48 Emissions ✓ ✓ Environment Performance Statistics 25-29 34-39 Effluents and Waste ✓ ✓ Environment 25-29
Performance Statistics 34-39 Products and Services ✓ ✓ our Business Environment 5-6 25-29 Compliance ✓ ✓ Environment GRI G4 Content Index 25-29 41-48 SOCIAL Labour Practices and Decent Work Employment ✓ ✓ Our People Performance Statistics 17-19 34-39 Labour/Management Relations ✓ ✓ Our People 17-19 Occupational Health and Safety ✓ ✓ Safety First Performance Statistics 20-22 34-39 Training and Education ✓ ✓ Our People Safety Performance Statistics 17-19 20-22 34-39 Product Responsibility Product and Service Labelling ✓ ✓ GRI G4 Content Index 41-48 Customer Privacy ✓ ✓ GRI G4 Content 41-48 Compliance ✓ ✓ GRI G4 Content Index 41-48 Our People The Our business depends on the commitment and involvement of our people. Our Culture Values comprise Accountability, Trust and Teamwork, which support us to fulfil our mission of being an employer of choice.
GRI G4 Content Index GRI G4 Indicator Description Section/ Comment/ Reason for Omission Page External Assurance STRATEGY AND ANALYSIS G4-1 Statement from the most senior decision-maker of the organisation MESSAGE FROM CEO 3-4 √ ORGANIZATIONAL PROFILE G4-3 Name of the organization ABOUT THE REPORT 1 √ G4-4 Primary brands, products, and services ABOUT OUR BUSINESS 5-6 √ G4-5 Location of the organization’s headquarters OUR BUSINESS 5-6 √ G4-6 Countries of operation ABOUT OUR BUSINESS 5-6 √ G4-7 Nature of ownership and legal form ABOUT OUR BUSINESS 5-6 √ G4-8 Markets served OUR BUSINESS 5-6 √ G4-9 of the organization ABOUT OUR BUSINESS PERFORMANCE STATISTICS For our financial performance, please refer to Wharf’s financial reports. 5-6 34-39 √ G4-10 Profile of workforce PERFORMANCE STATISTICS There was no substantial portion of the Group performed by workers who are legally recognized as self-employed during the reporting period. 34-39 √ G4-11 Percentage of total employees covered by collective bargaining agreements PERFORMANCE STATISTICS Currently there is no collective bargaining agreements in Hong Kong business unit. 34-39 √ G4-12 The organisation’s supply chain ABOUT OUR BUSINESS 5-6 √ G4-13 Significant changes during the reporting period ABOUT THE REPORT There have been no significant changes during the reporting period regarding the size, structure, ownership or its supply chain. 1 √ G4-14 Precautionary approach CORPORATE GOVERNANCE 7-11 √ G4-15 Externally developed economic, environmental and social charters SELECTED MEMBERSHIPS AND CHARTERS 30 √ G4-16 Memberships in associations SELECTED MEMBERSHIPS AND CHARTERS 30 √ IDENTIFIED MATERIAL ASPECTS AND BOUNDARIES G4-17 Entities included in the organization's consolidated financial statement OUR BUSINESS A list of our principal subsidiaries is also disclosed in Wharf financial reports. 5-6 √
GRI G4 Indicator Description Section/ Cross-reference/ Comment/ Reason for Omission Page External Assurance G4-18 Process for defining the report content and the aspect boundaries ENGAGING WITH OUR STAKEHOLDERS 12-16 √ G4-19 List all of material aspects identified in the process for defining report content ENGAGING WITH OUR STAKEHOLDERS 12-16 √ G4-20 Aspect boundary within the organization ENGAGING WITH OUR STAKEHOLDERS 12-16 √ G4-21 Aspect boundary outside the organization ENGAGING WITH OUR STAKEHOLDERS 12-16 √ G4-22 Restatements of information There have been no restatement of information or change from previous reporting periods. - √ G4-23 Report significant changes in the scope and aspect boundaries ABOUT THE REPORT 1 √ STAKEHOLDER ENGAGEMENT G4-24 Stakeholder groups engaged ENGAGING WITH OUR STAKEHOLDERS 12-16 √ G4-25 Identification and selection of stakeholders ENGAGING WITH OUR STAKEHOLDERS 12-16 √ G4-26 Approaches to stakeholder engagement ENGAGING WITH OUR STAKEHOLDERS 12-16 √ G4-27 Key topics and concerns raised by stakeholders ENGAGING WITH OUR STAKEHOLDERS 12-16 √ REPORT PROFILE G4-28 Reporting period ABOUT THE REPORT 1 √ G4-29 Date of most recent previous report Our previous CSR Report was published in Nov 2013. - √ G4-30 Reporting cycle We target to report biennially. - √ G4-31 Contact point ABOUT THE REPORT 1 √ G4-32 Report the ‘in accordance’ option ABOUT THE REPORT GRI G4 CONTENT INDEX 1 41-48 √ √ G4-33 External assurance for the report VERIFICATION STATEMENT We continue to seek external assurance from independent third party for our CSR Report. 49 √ GOVERNANCE G4-34 Governance structure of the organization CORPORATE GOVERNANCE 7-11 √ G4-35 Process for delegating authority for economic, environmental and social topics CORPORATE GOVERNANCE 7-11 √ G4-36 Executive-level position with responsibility for economic, environmental and social topics CORPORATE GOVERNANCE 7-11 √