Climate Change Data

Environmental Metrics

ESG Focus Areas

• Leading with Innovation
• Building a Sustainable Supply
• Safeguarding the Environment
• Serving the Community
• Nurturing and Supporting Talent

Environmental Achievements

• Greenhouse gas emission intensity (Scope 1 & 2) reduced to 3.17 tonnes of CO2e/HKD million
• Water usage intensity reduced to 28.48 m3/HKD million
• Non-hazardous waste disposal intensity reduced to 2.58 tonnes/HKD million
• 99% waste recycling rate achieved
• 47 MWh of renewable energy generated on construction sites
• OPARK2 achieved carbon neutrality during construction, the first in Hong Kong and China

Social Achievements

• Community investment of $1,072,348
• 15,069 volunteer hours contributed
• Average training hours per employee: 8.55 hours
• Injury rate per thousand employees: 0 (employees); 6.64 (other workers)
• Launched Happy Worker APP to improve worker well-being and streamline workflow

Governance Achievements

• Established a sustainability governance structure including a Sustainability Committee, a Sustainability Report Writing Committee, and a Sustainability Affairs Working Group
• Established a Carbon Neutrality and Carbon Asset Development Committee and Working Group
• Formulated the P.E.A.K Principle (People, Environment, Alliance, Key Projects for Hong Kong) to guide sustainability efforts
• 92% of projects used BIM
• 4,937 employees underwent anti-corruption training

Climate Goals & Targets

Environmental Challenges

• Labour shortage in the construction industry
• Transition to green construction
• Achieving carbon neutrality in project construction
• Resistance to change and lack of understanding of technology and innovation
• Waste management and stricter regulations
• Cybersecurity incidents

Mitigation Strategies

• Vigorously pursuing industrialisation and digital transformation
• Leveraging innovative technologies such as MiC and MiMEP to increase productivity
• Integrating operational and management aspects into C-SYS+ platform
• Promoting site electrification and introducing electric machinery
• Adopting sustainable building materials
• Strengthening data risk management and network security prevention
• Actively participating in carbon market trading

Supply Chain Management

Supplier Audits: At least 10 key suppliers visited for on-site assessments

Responsible Procurement

• Procurement Policy
• Supplier Code of Conduct
• Material Procurement Procedures

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Carbon market trading

Reporting Standards

Frameworks Used: GRI Standards, UNSDGs

Certifications: ISO 45001:2018, ISO 14001:2015, ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Carbon fixation bricks
• Low carbon reinforced steel bar
• Green concrete
• Sustainable timber

Awards & Recognition

• Global Winner in the Smart Agriculture and Food category in the UNIDO Global Call 2022 (OPARK2)
• Gold Award in the Best Infrastructure, Community, and Civil Building at the MIPIM Asia Awards 2022 (Hong Kong Palace Museum)
• Gold Award in the Hong Kong Awards for Environmental Excellence (HKAEE) (OPARK2)
• Hong Kong Construction Common Data Environment Award — Special Mention Award (Tseung Kwan O Desalination Plant)
• Proactive Safety Contractor Award by the Hong Kong Construction Association