China Overseas Holdings Limited
Climate Impact & Sustainability Data (2016)
Reporting Period: 2016
Environmental Metrics
Total Carbon Emissions:2,315,122 Tonnes CO2e
Scope 1 Emissions:1,870,813 Tonnes CO2e
Scope 2 Emissions:440,395 Tonnes CO2e
Scope 3 Emissions:3,914 Tonnes CO2e
Total Energy Consumption:577,017,965 kWh
Water Consumption:25,921,968 cubic meters
Waste Generated:460,922 Tonnes (recycled materials); 64,717 Tonnes (landfill); 11,017,819 Tonnes (fill bank)
Carbon Intensity:11 Tonnes CO2e/HKD million (2016)
ESG Focus Areas
- Incorruptible and Efficient Governance Environment
- Safe and Harmonious Working Environment
- Low-carbon and Green Environment
- Lohas and Habitable Living Environment
Environmental Achievements
- 8 property projects obtained Certificate of Green Building Design Label, a total construction area of about 1.82 million m2
- Launched the “Energy-saving and Emission Reduction” program for offices
Social Achievements
- Organized “China Overseas Cup” Run for Fun event, combining sports and charity
- Recruited 204 employees through “Sons of the Sea” graduate recruitment program
- Implemented the “Interim Administrative Measures on Move-in Maintenance” to enhance customer satisfaction
Governance Achievements
- Completed the preparation of the “Guidance on Preventive Education of COHL’s Integrity Risk”
- Implemented anti-corruption risk management and provided education programs for all employees
- No significant corruption risk and confirmed corruption incident found
Climate Goals & Targets
Environmental Challenges
- Complex and changing external situation
- Minimizing negative environmental impact of operations
- Maintaining a safe working environment in the construction business
Mitigation Strategies
- Implemented various environmental management measures at offices and construction sites
- Strengthened safety management to ensure no serious accidents
- Implemented anti-corruption risk management and provided education programs for all employees
Supply Chain Management
Responsible Procurement
- Procurement classification and standards governing building material procurement
- Comprehensive assessment of suppliers
- Whistle-blowing hotline for domestic projects
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI G4
Sustainable Products & Innovation
- The Paragon, Shenzhen (industrialisation housing project)
Awards & Recognition
- 2015/16 Caring Company Logo
- GoldenBee Ecological Civilization Award
- Best for Contract Negotiation – China (including Hong Kong)
- Family Friendly Employers in 2015/2016
- CarbonCare Action Label 2016
- Hong Kong Green Organisation Certification – Energywi$e Certificate