/ Frequent / Persistent 7 VE scale of assessment: Minor / Significant / High / Critical 8 VE scale of assessment: Non-communicative / Reactive / Remediative / Proactive 3 Verification – The KPI will be
of both sides to ensure that used PET plastic bottles that is 100% recyclable, and therefore not “single-use”—will be collected, processed, and used again and again within a circular economy. It will
Circular 54/F, One Island East, 18 Westlands Road, Quarry Bay, Hong Kong 香港鰂魚涌華蘭路 18 號港島東中心 54 樓 +852 2231 1222 www.sfc.hk Page 1 of 17 15 November 2022 Mutual Recognition of Funds (MRF) between
-Year National Strategy, the Bio-Circular-Green (BCG) economic model as well as the National Action Plan on Business and Human Rights (NAP). In doing so, the SEC has recently revised the mandatory annual
(“HK-TH MRF MoU”); (ii) the Circular on Mutual Recognition of Funds between Thailand and Hong Kong issued by the SFC on 20 January 2021, as amended from time to time (“SFC Circular”); and (iii) the
Circular The Securities and Exchange Commission, Thailand 333/3, Vibhavadi-Rangsit Road, Chomphon, Chatuchak Bangkok 10900, Thailand Website: www.sec.or.th Email: hongkongmrf@sec.or.th Page 1 of 15
sustainability objectives and signifies our position as a leading recycler in Europe supporting the circular economy. This acquisition expands the opportunity to cater to the increase in demand for Recycled PET
climate change adaptation in 2021 version: “including efforts to make infrastructure more resilient to impacts of climate change” • “Eco-efficient and/or circular economy adapted products production
PET recycling Facility is strategically in line with the Company’s commitment to long-term sustainability and also meeting the circular economy objectives of packaging and consumer product manufacturers
economy remained in the doldrums, as evidenced by slowdowns in both advanced and emerging economies. Negative factors included the persistent US-China trade rift and concerns about a no-deal Brexit. Worse