Climate Change Data

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