Statement of Continued Support
18 April 2018

To our stakeholders:

I am pleased to confirm that Paul Y. Engineering Group Limited reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.

In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to share this information with our stakeholders using our primary channels of communication.

Sincerely yours,

Mr. Lee Hang Wing, James
Chief Executive Officer & Executive Director
Paul Y. Engineering Group Limited

Our Company values the human rights of all our stakeholders. For instance, we have established a series of internal guidelines setting out employment, promotion, dismissal and anti-discrimination policies to ensure that employees of different ages, positions, genders and nationalities can enjoy a fair and healthy work environment where they feel valued and encouraged.

Our Company strictly resists any kinds of human rights abuses. For instance, we maintain a strong stance against the employment of children and forced labour. Taking a step further, we have included this policy as a contractual obligation for all suppliers and sub-contractors.

In addition, our Company actively uses internal communications channels to encourage employees to take responsibility for respecting and promoting human rights during the daily operation of the Company.

Our Company has set up the Corporate Social Responsibility Committee to regularly monitor and evaluate the performance relating to human rights. Besides, our performance has been constantly reviewed and audited externally and we have been awarded the certification of ISO26000, which recognizes our effort in preserving human rights in business operation.

Our Company has sound policies ensuring fairness in employee benefits and compensation. We are firmly committed to equal opportunity in employment as well as in the provision of services, and to eliminating any form of discrimination against all staff, clients and other related parties who have dealings with our Company.

Labour rights, occupational health and safety policies are incorporated into our Company’s daily practices. For instance, in addition to the compliance of Employment Ordinance, our Company has implemented a series of family-friendly employment policies and practices, including compensation leave, paternity leave, volunteer leave and a training allowance, aiming to create a supportive work environment for our staff.

Besides, our Company consistently trains our people by providing health and safety awareness and education programmes through workshops, briefings and tool-box talks, to ensure that every member of our workforce, from staff to construction workers and subcontractors, remains fully aware of and dedicated to not only their own safety and health at work, but also that of their stakeholders and the communities where we operate, so as to prevent labour risks relating to occupational health and safety.

Our Company has set up the Corporate Social Responsibility Committee to regularly monitor and evaluate the performance relating to labour rights. Besides, our performance has been constantly reviewed and audited externally and we have been awarded the certification of ISO26000, which recognizes our effort in preserving labour rights in business operation.

Our Company puts the principle of environmental protection and sustainability into practice in every aspect of our business operations. We have established a sound environmental and energy management system in compliance with internationally accepted ISO14001 and ISO50001 standards, the scope of which includes constant review of existing work, planning and implementation of new initiatives, progress monitoring and seeking advancement, with the aim of maximising the effectiveness of energy saving as well as reducing emissions and waste.

Our Company has issued the Sustainability Policy and Safety, Health, Environment & Quality Policy Statement to all staff to illustrate our goals and dedication to environmental protection. To achieve our goals, we have taken a wide variety of environmental policies to promote sustainability. For instance, in the aspect of energy saving, we have issued the Energy Policy Statement to all staff, which is an important part of our daily business management. Besides, our Company has used ultra low-sulfur diesel to fuel our machines, and closely monitoring the quality of diesel procured by our sub-contractors.

For gas emission reduction, our Company has adopted construction designs such as the double-decker podium to reduce heat gain in the Studio City, Macau project. Its hotels adopted high-performance E-glass panels for the hotel curtain wall system, to reduce the air conditioning load of the project.

For water saving, our Company has placed notices in prominent locations in offices and sites to encourage water saving, and proactively implementing water-saving related measures, such as reusing treated wastewater for spraying to suppress dust, so as to reduce consumption of water resources.

For pollution reduction, our Company takes initiatives such as collecting, sorting, reusing and recycling construction and demolition waste at all sites, and only using disposal as the last resort.

Our Company strictly adheres to international energy management systems, namely ISO14001 environmental management and ISO50001 energy management standards, so as to achieve environmental sustainability in our daily operation. Besides, our Company has regularly recorded the environmental statistics, such as diesel consumption, electricity consumption, water and paper consumption, as well as disposal and recycling figures, so as to monitor the environmental performance.

In addition, our Company has set up the Safety, Health, Environment and Quality Management Committee, which is led by top management, to administer our environmental protection, health and safety management system and ensures that all related principles are adopted across our Company in our day-to-day operations.

Our Company has been awarded a number of environmental awards, such as HKCA Environmental Merit Awards granted by the Hong Kong Construction Association, which are testaments to our sound environmental performance.

Our Company upholds the principle of anti-corruption and strongly believes that the best corporate governance practice is a cornerstone of the Company. Thus, we are committed to maintaining a robust corporate governance structure comprising management, business ethics and corporate integrity, to safeguard the interests of the Company and stakeholders.

Building and ensuring the culture of integrity within our Company has long been a major component in management. All management and staff must comply with the Code of Conduct, which sets out our position and standards regarding operating ethics and employee conduct, including the Competition Ordinance, preventing bribery and avoiding conflicts of interest. Any breaches of the Code are handled in strict accordance with internal disciplinary procedures.

Our Company ensures that we are in full compliance with all applicable laws, rules and regulations in the jurisdiction in which we operate. We have established an Internal Corporate Audit Department to ensure the effectiveness of our internal control mechanisms. A whistle-blowing mechanism is in place for reporting actual or potential violations of the Code of Conduct and other suspected irregularities.