Sustainability Environmental Goals
We are fully dedicated to achieving a significant reduction in both GHG emission intensity and energy consumption intensity by 30% by the year 2030, compared to our baseline year of 2020. By integrating energy conservation measures and implementing strategies to reduce emissions, we aim to make substantial progress towards our climate goals. Through the adoption of innovative technologies, operational improvements, and the engagement of our employees, suppliers and partners, we are confident in our ability to drive meaningful change and contribute to a more sustainable and resilient future. On an accumulated basis in 2024, the Group has accomplished the 2030 greenhouse gas emission and water consumption intensity reduction goals and reduced these intensities by 40.0% and 55.9% respectively. In the meantime, the Group has also set social and governance related sustainability targets, many of which have been achieved.
Sustainability Goals and Progress – Environmental
Energy Efficiency Target and Progress
Energy Consumption intensity in 2030 will drop by
30%
as compared to 2020
During 2020-2024, the group achieved a
28.7%
decrease in energy intensity as compared to 2020
(1) Total energy consumption per unit revenue (tons of coal equivalent per HK$ million)
Emission Target and Progress
GHG Emission Intensity in 2030 will drop by
30%
as compared to 2020
During 2020-2024, the group achieved a
40.0%
decrease in GHG emission intensity as compared to 2020
(2) Greenhouse gas emission per revenue (tons carbon dioxide per HK$ million)
Water Efficiency Target and Progress
Water Consumption Intensity in 2030 will drop by
40%
as compared to 2020
During 2020-2024, the group achieved a
55.9%
decrease in intensity of water consumption as compared to 2020
(3) Water consumption per unit revenue (tons of water per HK$ million)
Hazardous Intensity Reduce Target and Progress
Reduce hazardous intensity by
50%
in 2030 as compared to 2020
During 2020-2024, the group achieved a
62.4%
decrease in hazardous solid waste intensity as compared to 2020
(4) Hazardous waste disposal per unit revenue (tons disposal per HK$ million)
Non-Recyclable solid waste Intensity Reduce Target and Progress
Reduce non-recyclable solid waste intensity by
85%
in 2030 as compared to 2020
During 2020-2024, the group achieved an
80.6%
decrease in non-recyclable solid waste intensity as compared to 2020
(5) Non-recyclable solid waste disposal per unit revenue (tons disposal per HK$ million)
Sustainability Goals and Progress – Social
Human Capital Target and Progress
Target:
100%
of employees receive training
2024 Progress:
Achieved
Health and Safety Target and Progress
Target:
0
During 2020-2024, the group achieved a
2024 Progress:
Achieved
Health and Safety Target and Progress
Target: Reduce incident rate for direct workforce by
20%
in 2030 as compared to 2024
New Target: Using
2024
as baseline.
Human Right Target and Progress
Target:
100%
anti-discrimination and human right training in 2030
On Track:
94.1%
employees received training on antidiscrimination and human right in 2024
Stakeholder and Community Engagement Target and Progress
Target:
Continuing to expand community involvement
On Track:
101 hours of volunteer participation time
Sustainability Goals and Progress – Governance
Corporate Governance Target and Progress
Target:
100%
of employees received anti-corruption training
Progress:
Achieved
Supply Chain Target and Progress
Target:
100%
contracts include ESG clauses
On Track:
65%
contracts include ESG clauses