Kaisa Capital Investment Holdings Limited
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:257.8 tCO2e/year
Scope 1 Emissions:102.6 tCO2e/year
Scope 2 Emissions:150.1 tCO2e/year
Scope 3 Emissions:5.1 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:339,120 kWh/year (electricity)
Water Consumption:4,720.8 m3/year
Waste Generated:Not disclosed
Carbon Intensity:2.2 tonnes CO2e/employee
ESG Focus Areas
- Occupational health and safety
- Product health and safety
- Customer information and privacy
- Environmental protection
- Social responsibility
Environmental Achievements
- Reduced total CO2e emissions by 2% compared to 2020
- Reduced Scope 2 emissions by 16%
- Reduced Scope 3 emissions by 23%
- Recycled approximately 9 kg of paper in Singapore
Social Achievements
- Maintained a safe working environment with no work-related fatalities in the past three years
- Provided training to 83% of employees (707 hours total)
- Implemented policies to ensure equal opportunities and prevent discrimination
- Complied with relevant laws and regulations regarding child and forced labor
Governance Achievements
- Complied with the Model Code for Securities Transactions by Directors
- Established a whistleblowing policy to address anti-corruption concerns
- Maintained a zero-tolerance approach to bribery, extortion, fraud, and money laundering
Climate Goals & Targets
Long-term Goals:
- Reduce overall water and paper consumption by 5% in a five-year interval
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Slowdown in construction work progress and residential housing demand due to COVID-19 and real estate cooling measures in Mainland China
- Uncertainty of the global COVID-19 pandemic, restrictions on commercial activities, delays in construction work, and rising freight costs
Mitigation Strategies
- Continuous efforts in equipment optimization and upgrade
- Development of the Mainland China market
- Investing and developing into the tower crane rental market
- Evaluating construction and property projects in Hong Kong, Singapore, and Mainland China
- Seeking opportunities to acquire construction companies and increase land reserve
Supply Chain Management
Supplier Audits: Periodic evaluation on suppliers and service providers’ performance
Responsible Procurement
- Formal written distribution agreements; fair and transparent tendering process; consideration of price, reputation, compliance with laws, business licenses, product specifications, and worker qualifications
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons and storms
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 45001 (Singapore subsidiary)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- BizSafe Star certification (Singapore subsidiary)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:230.14 tCO2e/year
Scope 1 Emissions:99.42 tCO2e/year
Scope 2 Emissions:125.56 tCO2e/year
Scope 3 Emissions:5.16 tCO2e/year
Total Energy Consumption:637370 kWh/year
Water Consumption:3817 m3/year
Waste Generated:47.54 tons/year
Carbon Intensity:2.3 tonnes CO2e/employee
ESG Focus Areas
- Employee remuneration, benefits and rights
- Anti-corruption policies and whistle-blowing procedure
- Number of concluded legal cases regarding corrupt practices
- Environmental protection
- Climate change
- Occupational health and safety
- Community support
Environmental Achievements
- Reduced total water consumption by 19.15%
- Reduced total GHG emissions by 10.73%
Social Achievements
- Maintained a safe and healthy working environment with only 49 lost days due to work injury (2021: 122 lost days)
- Provided 569 hours of training to 73% of employees (average 5.58 hours per employee)
- Employee turnover rate of 8.82% (2021: 12.00%)
Governance Achievements
- Complied with the applicable code provisions of the Corporate Governance Code
- Complied with the Model Code for Securities Transactions by Directors
- Established three Board committees: Audit Committee, Remuneration Committee, and Nomination Committee
Climate Goals & Targets
Short-term Goals:
- Reduce water consumption and paper consumption by 5% in a five-year interval
Environmental Challenges
- Decrease in demands of new cranes in Hong Kong and Singapore
- Decrease of demand in crane leasing market in the PRC
- Decrease in demand of service in Hong Kong
- Projects being postponed and delayed in Hong Kong
- Slowdown of construction activities of the real estate development company in PRC
Mitigation Strategies
- Continuous efforts in equipment optimisation and upgrade
- Optimising equipment configuration to increase rental yields
- Effectiveness of reducing costs and enhancing efficiency
- Replacing equipment with newer models to improve performance and efficiency
- Entering into contracts for the Third Runway Passenger Building of the airport and various public housing tower crane projects in Hong Kong
- Leveraging competitive advantages in Singapore, Hong Kong, and Mainland China
- Developing sales network with a core focus on each region and radiating towards peripheral countries
- Implementing energy and water efficiency measures
- Promoting the ‘Reduce, Reuse and Recycle’ approach
- Introducing a wide range of environmental protection measures in office and construction sites
- Implementing internal electricity-saving policies
- Strengthening the training to workforces
Supply Chain Management
Responsible Procurement
- Open tender
- Contracts and agreements
- Fair and open procurement
- Win-win cooperation
- Environmental protection
- Protection of intellectual property
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons and storms
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 45001 (Singapore subsidiary)
Awards & Recognition
- 'BizSafe Star' certification (Singapore subsidiary)