Climate Change Data

Environmental Metrics

ESG Focus Areas

• Powering Sustainable Growth
• Empowering Our People & Communities
• Bolstering Good Governance

Environmental Achievements

• 89% of waste generated diverted from landfill
• Construction of O·PARK2 waste-to-energy facility
• Construction of Pilot Biochar Production Plant
• Large-scale air-conditioning improvement completed across 17 MTR stations and 2 depots
• Successfully trialled using BIM with digital tools and robotics on construction sites
• JEC appointed to install JEDI across 54 Link REIT shopping malls and wet markets
• 174,820 MJ of self-generated renewable energy consumed (12% increase from 2021)

Social Achievements

• Environment, Health and Safety Week attended by 1,200 employees and workers
• 68% increase in average training hours per employee
• 651 external new hires appointed across JEC Group
• 121 female new external hires
• Basic salary for female employees equal to within a single percentage point to that received by males
• 128 JEC colleagues participated in community investment and giving activities

Governance Achievements

• Sustainability framework and strategy established
• Climate-related Physical and Transition Risk Assessments completed
• Innovation Committee established

Climate Goals & Targets

Environmental Challenges

• Growing populations, rising prosperity and a need to grow sustainably
• Water management challenges in Hong Kong
• Competition for talent
• Climate-related risks (physical and transition)
• Data privacy and cybersecurity risks

Mitigation Strategies

• Developing new targets and commitments in areas such as carbon and waste
• Improving the diversity of our workforce
• Strengthening innovation
• Strengthening sustainability governance and risk management
• Implementing strict protocols for the prevention and effective management of COVID-19 cases
• Various cybersecurity tools implemented
• Regular cybersecurity training for employees

Supply Chain Management

Responsible Procurement

• Approved suppliers are required to adhere to ISO 14001 and ISO 45001

Climate-Related Risks & Opportunities

Physical Risks

• Not explicitly listed, but implied through discussion of water management challenges and climate change resilience

Transition Risks

• Market, policy, technology and reputational risks

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide, GRI Universal Standards

Certifications: ISO 14001, ISO 45001

Sustainable Products & Innovation

• JEDI platform
• Automated car park solution
• District cooling system
• Waste-to-energy solutions

Awards & Recognition

• Various awards from Hong Kong’s Occupational Safety and Health Council, Development Bureau and Construction Industry Council for site safety excellence

Environmental Metrics

ESG Focus Areas

• Powering Sustainable Growth
• Empowering our People and Communities
• Embedding Good Governance

Environmental Achievements

• Completed construction of Hong Kong’s O·PARK2 waste-to-energy plant
• Hong Kong’s Pilot Biochar Production Plant operational from April 2023
• Tseung Kwan O Desalination Plant operational from December 2023
• JEDI helped customers save more than 11.6 million kWh of energy, preventing over 7.5 million kg of carbon emissions.
• 85% of 26,778 tonnes of waste diverted from landfill in 2023

Social Achievements

• Environment, Health and Safety (EHS) Week in July 2023
• Group Health and Safety Policy updated
• Management Trainee programme welcomed 17 new joiners
• 25 young people joined JEC’s Apprenticeship Training Programme
• Jardine Learn Fest joined by more than 500 JEC colleagues
• 28 colleagues participated in Urban Farming Initiative

Governance Achievements

• Organisational restructure including new Digital & Sustainability division
• Development of science-based decarbonisation targets and roadmaps for scopes 1-3
• Head Office renovation completed, incorporating energy efficiency
• New eProcurement System commissioned in 2023

Climate Goals & Targets

Environmental Challenges

• Accelerating global challenges
• Tight labour supply and competition for talent
• High volume of plastic waste mismanagement in Thailand
• Gender gap in STEM fields

Mitigation Strategies

• Organisational restructure to seamlessly integrate sustainability solutions into commercial offerings
• Strategic investment in Krueger Engineering Group
• Development of decarbonisation targets and roadmaps for submission to SBTi in 2024
• Investment in people development, inclusion, and strong stakeholder relationships
• Support for plastic recycling factory in Thailand
• Partnership with The Women’s Foundation to promote STEM education for girls

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Jardine Matheson’s Code of Conduct
• JEC’s safety, quality and environmental requirements

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide, GRI Universal Standards

Certifications: ISO 45001, ISO/IEC 27001, ISO 14001

Third-party Assurance: EcoVadis

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 9 (Industry, innovation and infrastructure)
• Goal 11 (Sustainable cities and communities)
• Goal 12 (Responsible consumption and production)
• Goal 13 (Climate action)

JEC's initiatives contribute to these goals through the development and implementation of sustainable technologies and infrastructure, resource efficiency, waste reduction, and climate change mitigation.

Sustainable Products & Innovation

• JEDI platform
• EV Charging Solution
• Smart Automated Laundry System
• O·PARK2
• Pilot Biochar Production Plant

Awards & Recognition

• Construction Industry Council Sustainable Construction Awards (Gold for O·PARK2 and Tseung Kwan O Desalination Plant)
• Hong Kong Green Building Council Green Building Awards (Merit Award for O·PARK2)
• Institution of Civil Engineers ICE Awards (Brunel Medal for O·PARK2)
• Chartered Institution of Water and Environmental Management CIWEM HK 2023 Innovation Awards (First Runner-up for Tseung Kwan O Desalination Plant)
• Occupational Safety & Health Council Hong Kong Occupational Safety & Health Award (Rookie Safety Performance Award for Tseung Kwan O Desalination Plant)