Climate Change Data

Allied Sustainability and Environmental Consultants Group Limited

Climate Impact & Sustainability Data (2021-04 to 2022-03)

Reporting Period: 2021-04 to 2022-03

Environmental Metrics

Total Carbon Emissions:63.55 tCO2e/year
Scope 1 Emissions:5.00 tCO2e/year
Scope 2 Emissions:56.15 tCO2e/year
Scope 3 Emissions:2.4 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:97,222 kWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:0.93 tCO2e/employee

ESG Focus Areas

  • Climate Change
  • Resource Optimization
  • Green Office Culture
  • Talent Attraction
  • Employee Well-being and Safety
  • Service Quality
  • ESG Governance

Environmental Achievements

  • Received various achievements and recognitions with our continuous commitment in promoting sustainability.
  • Estimated GHG emissions reduction of completed sustainability projects for our clients (tCO2e): 15,205
  • Achieved Platinum grade for BEAM Plus New Building in Tsang Tsui, Tuen Mun project.
  • 75% of embodied and operational carbon emissions reduction through on-site measures in Next Tower project.

Social Achievements

  • AEC’s office has been awarded the WELL Health and Safety Rating 2021 for our effort in providing a safe workspace.
  • Number of community educational activities (e.g. talks for promoting ESG, green finance): 76
  • Wellness practices in the workplace (Family-Friendly Employer and Mental Health Workplace): 2
  • Completed 24 sustainability projects for clients.

Governance Achievements

  • Established the Responsible Investment Committee in February 2022.
  • Provided anti-corruption training to staff, including directors.
  • Attained over 33% of female’s representation on the Board of directors of the Company.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • Reduce scope 1 and scope 2 GHG emissions by 30% compared to the base year (2018) no later than 2030.
  • Achieve net-zero emission by 2030.
Short-term Goals:
  • Reduce water consumption (directional target)
  • Reduce waste intensity (directional target)
  • Update greenhouse gas reduction targets to limit global warming to not more than 1.5˚C before 2025.

Environmental Challenges

  • Supply chain disruptions due to climate events (implied)
  • Climate change risks increasing in real estate and other industries.
  • Increased risk of greenwashing.
Mitigation Strategies
  • Developed alternative sourcing strategies (implied)
  • Expanding consultancy services in green finance.
  • Enhancement of credible third-party certification and sustainability benchmarking.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sustainable Procurement Charter (since 2018)
  • ISO 20400 guidelines
  • Green purchasing goal for 2022

Climate-Related Risks & Opportunities

Physical Risks
  • Floods
  • Sea-level rise
  • Hurricanes & typhoons
  • Heat stress
  • Water stress
  • Wildfire
Transition Risks
  • Policy and legal risks (e.g., MSW charging, TCFD disclosures)
  • Technology risks (transition to lower emissions technology)
  • Market risks (increased demand for green buildings, green finance)
  • Reputation risks (greenwashing)
Opportunities
  • Expansion of sustainable consultancy services
  • Increased market demand for climate-resilient and green building design
  • Increased investor demands for green and low-carbon financing and investment

Reporting Standards

Frameworks Used: GRI Standards: Core option, HKEX ESG Reporting Guide, TCFD, UNGC, SDGs

Certifications: ISO 14001:2015, ISO 9001:2015, WELL Health and Safety Rating

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Best in Reporting Awards (GEM)
  • Best in ESG Awards (GEM)