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Our Commitment to a Sustainable Future
Hong Bao Media now publishes an annual Sustainability Report. Prepared in alignment with the Global Reporting Initiative (GRI) Standards, our report offers a transparent and measurable account of our environmental, social, and economic impacts, reinforcing our commitment to sustainable development.
Our sustainability strategy is built on three core pillars:
Environmental Responsibility:
We are committed to minimizing our environmental impact through sustainable practices in energy use and waste management.
Social Responsibility:
We prioritize equitable labor practices and inclusivity to foster a positive social impact and ethical treatment of stakeholders.
Economic Responsibility:
We aim to support long-term sustainability by fostering local partnerships, sourcing responsibly, and maintaining financial stability
In 2024, we took 94 flights across Malaysia, Jakarta, Bangkok and the GCC
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With Scoot’s carbon offsetting scheme (shown below), we have offset the carbon of 38% of all flights taken in 2024.
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According to SP Group, our Singapore office consumed on average 1,034.7kWh per month from January to October 2024, creating a carbon footprint of 4,263kg of CO2e. This is an 18% increase from 2023
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In 2024, we consumed an average of 18.1 cubic metres of water per month, a 22.9% decrease from 2023 monthly usage. This decreased our carbon footprint by 2.39kgCO2.
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Refuse, reuse, recycle
We are a service-based company with no material waste or emissions. So, we focus our sustainability action on adjacencies.
We minimise printing by distributing workshop notes electronically, and tracking paper- and power usage using the monthly FUJIFILM BI Direct Green Report for our Multi-Function Device.
Further, we have eliminated the use of disposable cups in our office, replacing them with glassware for client refreshments.
We generate a small amount of e-waste such as worn-out batteries, so we have adopted e-waste recycling as a sustainability effort:
Item Description | QTY | Location Disposal | Disposal date |
---|---|---|---|
Old Camcorder | 3 | Tanjong Pagar MRT E-waste bin | 14/10/2024 |
Lapel Microphone | 2 | Tanjong Pagar MRT E-waste bin | 14/10/2024 |
PC RAM | 4 | Tanjong Pagar MRT E-waste bin | 14/10/2024 |
Spoiled Electrical Torch | 1 | Tanjong Pagar MRT E-waste bin | 14/10/2024 |
AA Batteries | 2 | Tanjong Pagar MRT E-waste bin | 14/10/2024 |
AAA Batteries | 2 | Tanjong Pagar MRT E-waste bin | 14/10/2024 |
Bloated Powerbank | 1 | Tanjong Pagar MRT E-waste bin | 14/10/2024 |
Spoiled HyperDeck Recorder | 1 | 77 Robinson Road E-waste bin | 28/10/2024 |
Bloated MacBook | 1 | 77 Robinson Road E-waste bin | 28/10/2024 |
Spoiled Window Surface Laptop | 1 | 77 Robinson Road E-waste bin | 28/10/2024 |
Mac keyboard | 1 | 77 Robinson Road E-waste bin | 28/10/2024 |
Electric Kettle | 1 | 77 Robinson Road E-waste bin | 28/10/2024 |
Hi-Fi System | 1 | 77 Robinson Road E-waste bin | 18/11/2024 |
Speaker | 2 | 77 Robinson Road E-waste bin | 18/11/2024 |
Monitor | 2 | 77 Robinson Road E-waste bin | 28/11/2024 |
AA rechargeable batteries | 11 | 77 Robinson Road E-waste bin | 28/11/2024 |
Fair Payment Practices
We adhere to a transparent and fair payment term of 30 days, ensuring timely remuneration for our suppliers and partners.
Comprehensive Staff Training
All staff will be provided training in sales, LinkedIn profiling and artificial intelligence. Each staff member will be able to choose at least one additional course. This ensures that our staff receive a holistic development.
Employee Development and Well-Being
We are committed to fostering a supportive workplace. All employees undergo near monthly performance and career development reviews, ensuring opportunities for transparent discussions between employees and senior management.
Committed to Equality
Women make up 50% of our staff, and one-third of our Board of Directors.
Personalized Staff Training
Starting in 2025, we will be implementing training and development plans for all staff on topics specific to their role. Staff customise their own unique training and development plan.
Commute Sustainably
All staff are encouraged to commute using public transport. In Singapore, all staff already do.