ESG

A Message From Our CEO

As we celebrate our 10th year of business in Hong Kong, we are committed to building a resilient and successful future that prioritizes the well-being of our planet, our people, and our community. Our 2023 ESG report outlines the many initiatives that we have taken to create a more sustainable and inclusive business model, and highlights our progress towards achieving a lower carbon footprint.

We understand the importance of corporate responsibility and the impact that our business can have on the environment and society. That's why we have implemented a range of initiatives to reduce our environmental impact, support our communities, and promote diversity and inclusion within our organization.

In these challenging times, we have also stepped up to support our community during the global health crisis. We believe that it is our responsibility to use our resources and expertise to help those who need it most.

Our 2023 ESG report is a testament to our ongoing commitment to corporate responsibility and our dedication to creating a better future for all. We are proud of the progress we have made, and we remain committed to continuing our efforts to protect the planet and our people.

Contents

2022 PERFORMACE HIGHLIGHTS

At our organization, we are committed to operating in a sustainable manner and integrating sustainable development principles and practices into all aspects of our business. We understand the importance of creating a better future for our planet and our communities, and we are dedicated to making a positive impact through our operations.

To guide our sustainable development journey and measure our progress, we have identified six strategic areas of focus. These areas shape our sustainable development priorities and help us to embed sustainability into all aspects of our business.

While the global pandemic has disrupted our operations and impacted our momentum, we remain committed to our journey towards sustainable development. We understand that this journey is continuous, and that our efforts at improvement must be ongoing.

SUSTAINABLE DEVELOPMENT POLICY

At our company, we are committed to embedding sustainable development principles and practices into all aspects of our activities. We believe that responsible business practices are essential for creating a better future for our planet and our communities.

Our sustainable development policy is based on the following principles:

1. Safety: We prioritize the safety, security, and health of our staff, customers, and other stakeholders. We provide a safe and healthy working and operational environment.

2. Environmental Stewardship: We are committed to being an industry leader on environmental issues and reducing our overall impact on the environment. We take all reasonable steps to minimize our consumption of energy and natural resources, reduce waste, and improve recycling and reuse. We support efforts to conserve natural resources and work with our suppliers to implement policies and practices to reduce their environmental impact.

3. Diversity and Inclusion: We strive to be an employer of choice by respecting our staff and providing an environment in which they can realize their potential. We promote a culture that is inclusive of diversity.

4. Community Engagement: We support the communities we serve by respecting their cultures and enhancing overall quality of life.

5. Ethical Sourcing: We endeavor to ensure that our suppliers protect and respect the welfare of workers.

6. Compliance: We meet or exceed all regulatory requirements, including social and environmental requirements, in the jurisdictions in which we do business.

We believe that by adhering to these principles, we can create a sustainable business model that contributes to a better future for all. We will continue to review and improve our sustainable development policies and practices to meet the evolving needs of our business and our stakeholders.

OCCUPATIONAL HEALTH AND SAFETY POLICY

At Bravo Fine Foods, we believe in prioritizing the health and safety of our employees, customers, contractors, and the wider community. We understand that risk is inherent in everything we do, but we aim to minimize hazards in the workplace to prevent accidents, injury, and occupational disease.

To ensure health and safety in the workplace, we are committed to:

- Providing a safe work environment
- Protecting the health and safety of our customers by promoting the responsible use of our products and services
- Requiring contractors, where applicable, to demonstrate the same commitment to health and safety
- Using risk management methods to anticipate, identify, assess, monitor, and control hazards, and regularly reviewing performance
- Conducting safety inspections and audits to identify unsafe practices or activities and ensure compliance with this policy
- Implementing proper systems to encourage incident reporting and conducting in-depth analysis of incidents for relevant lessons learned across all operations
- Ensuring all work activities are carried out by competent trained people

All employees and contractors are expected to:

- Take reasonable care of their own health and safety and consider the safety of others who may be affected by their acts
- Follow established safety rules and procedures
- Only operate at a location/facility (including equipment and machinery on-site) that they are trained and authorized to operate at
- Report all accidents, incidents, injuries, and identified hazards to their immediate supervisor
- Ensure their fitness for duty, both physically and medically, and follow respective operations manual and/or departmental reporting procedures when unfit to carry out their duties
- Set an example of good, safe behavior

We believe that by prioritizing health and safety, we can create a positive and productive work environment that benefits everyone. We are committed to continually reviewing and improving our occupational health and safety policies and practices to ensure that we meet the evolving needs of our business and our stakeholders.

SUPPLIER CODE OF CONDUCT

At Bravo Fine Foods, we believe in conducting business with integrity and promoting ethical practices throughout our supply chain. We expect our suppliers to share this commitment to ethical behavior and to comply with the following code of conduct:

1. Legal Compliance: Suppliers must comply with all applicable laws, regulations, and standards in the countries where they operate.

2. Labor Practices: Suppliers must uphold the highest standards of labor practices, including no child labor, no forced labor, and no discrimination. Suppliers must provide a safe working environment, fair wages, and reasonable working hours.

3. Environmental Responsibility: Suppliers must minimize their environmental impact and operate in a sustainable manner. This includes reducing waste, conserving natural resources, and minimizing emissions.

4. Health and Safety: Suppliers must ensure the health and safety of their employees and contractors by providing a safe working environment and taking all necessary precautions to prevent accidents and injuries.

5. Business Ethics: Suppliers must uphold the highest standards of business ethics, including no bribery, no corruption, and no conflicts of interest. Suppliers must operate with transparency and honesty in all their dealings with Bravo Fine Foods.

6. Quality Assurance: Suppliers must provide high-quality products and services that meet or exceed our expectations and adhere to our specifications and standards.

7. Confidentiality: Suppliers must respect the confidentiality of our business information and ensure that it is not disclosed to any unauthorized parties.

We expect our suppliers to share our commitment to ethical behavior, and we reserve the right to terminate our relationship with any supplier who violates this code of conduct. By working together, we can create a responsible and sustainable supply chain that benefits everyone involved.

DIVERSITY, EQUITY AND INCLUSION POLICY

At Bravo Fine Foods, we believe in promoting diversity, equity, and inclusion in all aspects of our business. We recognize that a diverse and inclusive workplace is essential for fostering creativity, innovation, and excellence, and for creating a culture where all employees can thrive.

Our commitment to diversity, equity, and inclusion is based on the following principles:

1. Respect: We respect and value the unique perspectives, experiences, and backgrounds of all our employees and stakeholders.

2. Inclusion: We strive to create an inclusive workplace culture where everyone feels welcome, valued, and supported.

3. Equity: We are committed to ensuring equity in all aspects of our business, including hiring, promotion, and compensation.

4. Education: We provide ongoing education and training to all employees on diversity, equity, and inclusion to promote understanding and awareness.

5. Accountability: We hold ourselves accountable for creating and maintaining a diverse and inclusive workplace, and we regularly measure and evaluate our progress.

To uphold these principles, we have developed the following policies and practices:

1. Recruitment and Hiring: We actively seek to recruit and hire a diverse workforce and promote equal opportunities for all candidates.

2. Training and Development: We provide ongoing education and training to all employees on diversity, equity, and inclusion to promote understanding and awareness.

3. Workplace Culture: We foster an inclusive workplace culture that values and respects all employees, regardless of their background or identity.

4. Performance Evaluation: We evaluate employee performance based on objective, job-related criteria, and we promote equity in compensation and opportunities for advancement.

5. Community Engagement: We engage with our local communities to support diversity, equity, and inclusion initiatives and promote social justice.

We are committed to continually reviewing and improving our policies and practices to ensure that we meet the evolving needs of our business and our stakeholders. By promoting diversity, equity, and inclusion, we believe that we can create a positive and productive work environment that benefits everyone.

SUPPLY CHAIN ETHICS POLICY

At Bravo Fine Foods, we believe in conducting business with integrity and promoting ethical practices throughout our supply chain. We recognize that our suppliers play a crucial role in upholding our values and commitments, and we expect them to share our commitment to ethical behavior.

Our commitment to supply chain ethics is based on the following principles:

1. Legal Compliance: We expect our suppliers to comply with all applicable laws, regulations, and standards in the countries where they operate.

2. Labor Practices: We expect our suppliers to uphold the highest standards of labor practices, including no child labor, no forced labor, and no discrimination. We expect our suppliers to provide a safe working environment, fair wages, and reasonable working hours.

3. Environmental Responsibility: We expect our suppliers to minimize their environmental impact and operate in a sustainable manner. This includes reducing waste, conserving natural resources, and minimizing emissions.

4. Business Ethics: We expect our suppliers to uphold the highest standards of business ethics, including no bribery, no corruption, and no conflicts of interest. We expect our suppliers to operate with transparency and honesty in all their dealings with Bravo Fine Foods.

5. Quality Assurance: We expect our suppliers to provide high-quality products and services that meet or exceed our expectations and adhere to our specifications and standards.

To ensure that our suppliers share our commitment to ethical behavior, we have developed the following policies and practices:

1. Supplier Selection: We select suppliers based on their commitment to ethical behavior and our values.

2. Supplier Evaluation: We evaluate our suppliers regularly to ensure that they meet our standards for ethical behavior.

3. Supplier Code of Conduct: We require our suppliers to adhere to our Supplier Code of Conduct, which outlines our expectations for ethical behavior.

4. Supplier Monitoring: We monitor our suppliers to ensure that they comply with our Supplier Code of Conduct and our standards for ethical behavior.

5. Supplier Collaboration: We collaborate with our suppliers to promote ethical behavior and improve sustainability throughout our supply chain.

We are committed to continually reviewing and improving our policies and practices to ensure that we meet the evolving needs of our business and our stakeholders. By promoting ethical behavior throughout our supply chain, we believe that we can create a responsible and sustainable business model that benefits everyone involved.

HUMAN RIGHTS

At Bravo Fine Foods, we are committed to respecting and promoting human rights throughout our organization and supply chain. We recognize that human rights are universal and inalienable, and we believe that upholding human rights is essential for creating a sustainable and responsible business model.

Our commitment to human rights is based on the following principles:

1. Respect: We respect the human rights of all individuals, including our employees, customers, suppliers, and other stakeholders.

2. Non-discrimination: We do not discriminate on the basis of race, ethnicity, national origin, gender, religion, age, disability, sexual orientation, or any other protected characteristic.

3. Freedom of Association: We respect the right of our employees to form and join trade unions and other associations.

4. Labor Practices: We uphold the highest standards of labor practices, including no child labor, no forced labor, and no discrimination. We provide a safe working environment, fair wages, and reasonable working hours.

5. Supply Chain Ethics: We promote human rights throughout our supply chain by requiring our suppliers to adhere to our Human Rights Policy.

6. Community Engagement: We engage with our local communities to promote human rights and social justice.

To uphold these principles, we have developed the following policies and practices:

1. Workplace Culture: We foster a workplace culture that respects and promotes human rights, diversity, and inclusion.

2. Training and Development: We provide ongoing education and training to all employees on human rights and diversity to promote understanding and awareness.

3. Performance Evaluation: We evaluate employee performance based on objective, job-related criteria, and we promote equity in compensation and opportunities for advancement.

4. Supply Chain Ethics: We require our suppliers to adhere to our Human Rights Policy and to promote human rights throughout their own supply chains.

5. Community Engagement: We engage with our local communities to support human rights initiatives and promote social justice.

We are committed to continually reviewing and improving our policies and practices to ensure that we meet the evolving needs of our business and our stakeholders. By upholding human rights throughout our organization and supply chain, we believe that we can create a positive and productive work environment that benefits everyone involved.

GOVERNANCE POLICY

At Bravo Fine Foods, we are committed to upholding the highest standards of corporate governance. We believe that responsible and transparent governance practices are essential for creating a sustainable and successful business model that benefits all stakeholders.

Our commitment to governance is based on the following principles:

1. Transparency: We are transparent in our business practices and provide clear and accessible information to our stakeholders.

2. Accountability: We hold ourselves accountable for our actions and decisions and ensure that they align with our values and mission.

3. Board Diversity: We promote diversity on our board of directors to ensure that we benefit from a variety of perspectives and experiences.

4. Executive Compensation: We ensure that our executive compensation is fair and reasonable, and that it aligns with our business objectives and values.

5. Shareholder Engagement: We engage with our shareholders to understand and address their concerns and to promote open and honest communication.

To uphold these principles, we have developed the following policies and practices:

1. Corporate Ethics: We promote ethical behavior throughout our organization and hold ourselves to the highest standards of business ethics.

2. Board Diversity: We prioritize diversity in our board of directors and seek to ensure that our board reflects the diversity of our stakeholders and the communities where we operate.

3. Executive Compensation: We ensure that our executive compensation is reasonable and fair, and that it aligns with our business objectives and values.

4. Shareholder Engagement: We engage with our shareholders regularly to understand their concerns and to promote open and honest communication.

5. Corporate Responsibility: We are committed to promoting sustainability, social responsibility, and ethical behavior throughout our organization and supply chain.

We are committed to continually reviewing and improving our policies and practices to ensure that we meet the evolving needs of our business and our stakeholders. By upholding the highest standards of corporate governance, we believe that we can create a sustainable and responsible business model that benefits everyone involved.