China Resources Enterprise, Limited
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:37,718.4 tons of CO2e
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:51,610 tons of standard coal equivalent
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Total investment in environmental protection management: HKD 874,900
- Annual energy consumption reduced by an average of 2.7% compared to 2021 (CR Logistics and CREP)
- Annual energy consumption reduced by an average of 2.0% compared to 2021 (Coffee business)
- Replacing all diesel forklifts with electric ones in CR Logistics to reduce exhaust emissions
- Phasing out old tractors in CR Logistics for new ones, improving fuel consumption by about 10-20%
- OATLY achieved 38% renewable energy use, 89% renewable or recyclable packaging, and 100% of its factories use renewable electricity.
Social Achievements
- Launched "Three Focuses" initiative supporting Hong Kong youth in education, employment, and entrepreneurship.
- Provided 112 internship opportunities and career counseling services for Hong Kong middle school students.
- Established Roborn GeronTech Robotic Joint Research Centre to empower the elderly care industry with technology.
- Launched CRE Elite Talent Program and CRE Youth Talent Program for young managers and backbone training.
- Zero serious safety accidents and zero occupational disease-induced accidents in 2022.
Governance Achievements
- Revised Articles of Association to clarify responsibilities and improve governance efficiency.
- Established Audit and Risk Management Committee and Remuneration and Assessment Committee with external directors.
- Implemented China Resources’ Foreign Anti-Commercial Bribery Compliance Management System.
- Improved internal control system with zero major defects found in self-assessments.
- No significant penalties for violating information disclosure regulations.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon peaking and carbon neutrality (aligned with CR Group's goals).
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Climate change poses a great threat to the global ecological environment and economic and social development.
- Shortage of physiotherapists and caregivers in the elderly care industry.
- Fluctuations in container freight rates and changes in the market environment.
Mitigation Strategies
- Formulated CR Enterprise Action Plan for Carbon Dioxide Peaking.
- Investing in and renovating projects for energy saving and consumption reduction.
- Exploring green energy projects and advocating green and low-carbon lifestyles.
- Establishing Roborn GeronTech Robotic Joint Research Centre to leverage technology.
- Actively assuming the role of bridge in the shipping business chain to help customers withstand fluctuations.
Supply Chain Management
Supplier Audits: 3,507 suppliers reviewed
Responsible Procurement
- Requiring suppliers to sign a Transparent Declaration
- Promoting green procurement
- Supporting small and medium-sized enterprises
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards, UN Sustainable Development Goals, ISO 26000, HKEx Environmental, Social and Governance Reporting Guide, GB/T 36001-2015, CASS-CSR4.0
Certifications: ISO 14001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- OATLY oat milk and plant-based ice cream
- Reusable double-sided paper bags in Pacific Coffee
- Biodegradable straws and cups in Pacific Coffee
Awards & Recognition
- 2022 Corporate Social Responsibility Award in the Greater Bay Area
- Greater Bay Area Leading Enterprise Award
- Social Sustainability Award, Green Sustainability Award, and Enterprise Governance Award
- Golden CSR China Honor Roll
- GoldenKey-Merit Award
- Bronze Award for Volunteer Service
- iSEE Global Food Innovation Business Excellent Award
- Energy Saving Charter 2022 Certificate
- Top 10 Quality Online Store Awards
- ERB Outstanding Employer Award
- Ten Years Plus "Caring Company Logo"
- Bronze Award for BEAM Plus
- Annual Top 10 Volunteer Hours Award
- Caring Company Logo
- China's Most Resilient Enterprise Big Consumption Award
- Good Institution Award
- "Happy Enterprise" Title
- Top 10 Most Favored Brands
- China Quality and Integrity Benchmark Enterprise