HKUST Environment , Social and Governance Report 2020-21

Environmental, Social and Governance Report 2020-21 46 47 Our Net-Zero Journey Introduction Materiality Environment, Social and Governance Sustainability initiatives ESG frameworks Table 13 (Alignment with Future Fit Business Benchmark) Year Energy Water Natural resources Physical presence Pollution Waste People Drivers Recommended disclosures Energy is from renewable sources Water use is environmentally responsible and socially equitable Natural resources are managed to respect the welfare of ecosystems, people, and animals Operations do not encroach on ecosystems or communities Operational Emissions do not harm people or the environment Operations emit no greenhouse gases Operational waste is eliminated Community health is safeguarded Employee health is safeguarded Employees are paid at least a living wage Employees are subject to fair employment terms Employees are not subject to discrimination Employee concerns are actively solicited, impartially judged, and transparently addressed Product communications are honest, ethical, and promote responsible use Product concerns are actively solicited, impartially judged, and transparently addressed Products do not harm people or the environment Products emit no greenhouse gases Products can be repurposed Procurement safeguards the pursuit of future-fitness Financial assets safeguard the pursuit of future-fitness The right tax is paid in the right place at the right time Lobbying and advocacy safeguard the pursuit of future-fitness Business is conducted ethically Relevance to our reporting scope Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No No No No No Yes Yes No No Yes Relevance to Environment, Social or Governance Environment Environment Environment Environment Environment Environment Environment Social Social Social Social Social Social Social Social Social Social Social Governance Governance Governance Governance Governance Page P.15 P.19 P.20 P.21 P.24 P.22 P.27 P.28 P.28 P.29 P.30 P.31 P.31 / / / / / P.33 P.35 / / P.34 Alignment with Future Fit Business Benchmark Currently, we do not report in accordance with FFBB, but we have conducted a cross-referencing exercise to identify where our current reporting aligns with 23 breakeven goals under FFBB.

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