HKUST Sustainability 52 Environment Social and Governance Report 2021-22 Overview Materiality Contents Environment Social/People Governance/ Driver Sustainability Initiatives ESG FRAMEWORKS Alignment with Future Fit Business Benchmark We are currently working towards reporting in accordance with FFBB, so we have conducted a cross-referencing exercise to identify where our current reporting aligns with 23 breakeven goals under FFBB. Table 13 (Alignment with Future Fit Business Benchmark) Theme Recommended Disclosures Relevance to our reporting scope Relevance to Environment, Social or Governance Page Energy Energy is from renewable sources Yes Environment P.21 Water Water use is environmentally responsible and socially equitable Yes Environment P.24 Natural resources Natural resources are managed to respect the welfare of ecosystems, people, and animals Yes Environment P.25 Physical presence Operations do not encroach on ecosystems or communities Yes Environment P.26 Pollution Operational Emissions do not harm people or the environment Yes Environment P.28 Operations emit no greenhouse gases Yes Environment / Waste Operational waste is eliminated Yes Environment P.30 People Community health is safeguarded Yes Social P.33 Employee health is safeguarded Yes Social P.33 Employees are paid at least a living wage Yes Social P.35 Employees are subject to fair employment terms Yes Social P.33 Employees are not subject to discrimination Yes Social P.33 Employee concerns are actively solicited, impartially judged, and transparently addressed Yes Social P.36 Product communications are honest, ethical, and promote responsible use No Social / Product concerns are actively solicited, impartially judged, and transparently addressed No Social / Products do not harm people or the environment No Social / Products emit no greenhouse gases No Social / Products can be repurposed No Social / Drivers Procurement safeguards the pursuit of future-fitness Yes Governance P.39 Financial assets safeguard the pursuit of future-fitness Yes Governance P.40 The right tax is paid in the right place at the right time No Governance / Lobbying and advocacy safeguard the pursuit of future-fitness No Governance / Business is conducted ethically Yes Governance P.40
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