OGLmove - 2023 Annual Report

As in previous years, OGL donated 1% of our annual income to the international environmental organization "1% for the Planet" to help protect the Earth's environment and resources. In 2023, we donated HK$112,507 to this cause. Additionally, another 1% was donated to other non-profit public welfare organizations, totaling HK$67,004. Ultimately, OGL successfully fulfilled our formal and ongoing commitment to donate 2% of our total income to support various charitable causes.

Product Innovation

When it comes to product innovation, we have been insisting on redefining fashion with sustainable, high-quality basics that combine timeless elegance, comfort, and versatility. We believe that better fabrics and production processes are key to extending the life of our products. Wearing high-quality clothing multiple times is an environmentally friendly practice, underscoring the importance of classic, durable, and versatile designs. Through communication with over 1,000 customers, we discovered that more than 80% of them consider OGL clothing as their TOP 1 for daily wear. Our clothes have a lifespan measured in years, which means our customers don't need to frequently buy low-quality garments. This reduces resource waste and is more environmentally friendly.

In 2024, OGL has set a goal – to help consumers around the world responsibly dispose of clothes that no longer fit. We plan to launch a clothing trade-in program and donate recycled clothing to countries in need.

At the same time, sustainable and environmentally friendly fabrics are also key. In 2023, our Eco-Skinkiss® fabric achieved a groundbreaking advancement. According to the report "International Carbon Flows - Clothing" by the UK-based environmental organization Carbon Trust, producing a regular cotton T-shirt emits about 6-8 kilograms of carbon dioxide equivalent, while synthetic fabric garments often exceed this average. We realize that choosing eco-friendly materials and optimizing supply chain management are key strategies for clothing companies to reduce emissions.

In 2023, OGL launched over 100 styles and sold a total of 19,482 items. Thanks to OGL's fabric technology, each garment reduces carbon emissions by nearly half on average, which means we effectively cut approximately 77,928 kilograms of carbon emissions! In the future, we will continue to move towards achieving sustainable carbon emissions.

Consumers and Communities

In 2023, OGL designed a special collection for people with autism, pledging to donate a portion of that month's sales. Additionally, we provided job opportunities for 8 people with disabilities through 'Project Renascence' and donated 100% of the income from the hair scrunchies produced to non-profit organizations supporting people with disabilities.

We continued our support for breast cancer patients by donating 900 beanies. In terms of marine hygiene, we have invited community ambassadors to organize beach clean-ups in an ongoing effort to protect our marine environment.

Talent Management

As of 2023, OGL provided equal employment opportunities, with 75% of employees being women. We are committed to comprehensive employee training, promoting personal development, and providing each employee with one promotion opportunity every year.

In 2024, OGL will continue to uphold our values and principles, dedicated to providing consumers with more eco-friendly products and higher-quality services. At the same time, we will continue to contribute to society by donating 2% of our sales revenue to nonprofit charitable organizations.