Hanison Construction Holdings Limited
Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-04 to 2024-03)
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Total Carbon Emissions:1329.27 tCO2e/year
Scope 1 Emissions:361.53 tCO2e/year
Scope 2 Emissions:796.36 tCO2e/year
Scope 3 Emissions:171.38 tCO2e/year
Renewable Energy Share:27.91% of total fuel consumption
Total Energy Consumption:3075.01 MWh/year
Water Consumption:24862.80 m3/year
Waste Generated:11811.83 tons/year
Carbon Intensity:1.11 tonnes CO2e / revenue in HK$ million
ESG Focus Areas
- Operating Practices
- People
- Environment
- Community
Environmental Achievements
- Reduced GHG Emissions Intensity (Scope 1 and 2) by 22% until 2027/2028 (Base Year: 2017/2018)
- Reduced Energy Consumption Intensity by 22% until 2027/2028 (Base Year: 2017/2018)
- Reduced Water Consumption Intensity by 2% until 2027/2028 (Base Year: 2017/2018)
- Reduced Waste Intensity by 2% until 2027/2028 (Base Year: 2017/2018)
- Achieved BEAM Plus New Buildings Version 1.2 - Final Gold for Public rental housing development at Choi Yuen Road Sites 3 and 4, Sheung Shui (Po Shek Wu Estate)
- First adoption of MiC for Transitional housing project
Social Achievements
- Maintained a zero fatality record for the 4th consecutive year
- Average accident rate per thousand workers remained lower than the industry rate
- 57 talents promoted (12.75% of average total workforce)
- Awarded Happy Company 5 Years+ in 2023
- Participated in “18 Districts Lo Pan Rice 2022” event
Governance Achievements
- Established CSR Committee in 2013
- Issued Board Statement on Sustainability in January 2022
- No concluded legal cases regarding corruption
- Anti-corruption training provided to 8 directors (50.00% of total directors)
Climate Goals & Targets
Long-term Goals:
- Net zero emissions
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Talent shortages and an aging workforce
- Climate change impacts (extreme weather, sea level rise)
- Transition risks (regulatory changes, technology upgrades)
Mitigation Strategies
- Improving human resource strategies
- Identifying and assessing potential climate risks and opportunities
- Setting environmental targets
- Adopting new technologies (MiC, BIM, DWSS)
- Exploring green investment and sustainable finance
Supply Chain Management
Supplier Audits: 109/year
Responsible Procurement
- Supplier Code of Ethics
- Performance appraisals
- Green procurement practices
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (typhoons, flooding)
- Changes in rainfall patterns, sea levels rise
Transition Risks
- Stringent policies and regulations
- Increased costs due to technology upgrades
Opportunities
- Development of energy-efficient products and technologies
- Building resilient infrastructure
Reporting Standards
Frameworks Used: HKEX ESG Reporting Guide, GRI Standards 2021, TCFD
Certifications: ISO 14001, ISO 50001, ISO 9001, ISO 45001
Third-party Assurance: HKQAA and Hong Kong Certification Services International Limited
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Sustainable Corporate (Environmental) Outstanding Award of the Standard Chartered Corporate Achievement Awards 2022
- Happy Company 5 Years+
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:1,371.38 tonnes CO2e/year
Scope 1 Emissions:530.59 tonnes CO2e/year
Scope 2 Emissions:636.96 tonnes CO2e/year
Scope 3 Emissions:203.83 tonnes CO2e/year
Renewable Energy Share:18.32% of total fuel consumption
Total Energy Consumption:3,532.37 MWh/year
Water Consumption:22,585.18 m3/year
Waste Generated:26,234.96 tonnes/year
Carbon Intensity:1.04 tonnes CO2e/revenue in HK$ million
ESG Focus Areas
- Net-zero
- Circularity
- Occupational Health and Safety
- Anti-Corruption
- Employee Compensation and Benefits, Well-being and Engagement
- Talent Attraction, Retention, Performance Management and Employment
- Customer Health and Safety
- Data Privacy and Security
Environmental Achievements
- Reduced GHG emissions by 75.47% from the base year (2017/2018)
- Reduced non-hazardous waste by 82.95% from 2018/2019
- Recycled 341.25 tonnes of metal
- Achieved BEAM Plus New Buildings Version 1.2 Final Platinum for EIGHT STAR STREET project and BEAM Plus New Buildings Version 1.2 Final Gold for Tai Po Tung Cheong Street Leisure Building Project
Social Achievements
- Zero work-related fatalities in the past 5 years
- Launched a 5-day workweek for construction sites
- Implemented various sports teams and sponsored sporting events for employees and their families
- Awarded JobsDB - The Hong Kong HR Awards 2023/24 HR Innovator of the Year
Governance Achievements
- Established a Code of Conduct and Supplier Code of Ethics
- Implemented a Whistleblowing Policy
- Provided anti-corruption training to six directors (42.86% of total directors)
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce GHG emissions intensity by 22% by 2027/2028
- Reduce energy consumption intensity by 2% by 2027/2028
- Reduce water consumption intensity by 2% by 2027/2028
- Reduce waste intensity by 2% by 2027/2028
Environmental Challenges
- Increased intensity and frequency of extreme weather events (acute physical risks)
- Changes in rainfall patterns, sea levels rise, and rise in average temperature (chronic physical risks)
- Increasingly strict global and local policies and regulations (transitional risks)
Mitigation Strategies
- Floodgates, typhoon nets, water cut-out sensors, submersible pumps, remote-monitored sensors, indoor rest spaces, heat stress assessments, ice pads, and portable fans to mitigate acute physical risks
- Setting environmental targets with a 10-year timeframe from the base year 2017/2018
- Adopting and investing in new technologies and methods to mitigate transitional risks
Supply Chain Management
Supplier Audits: 54 performance appraisals conducted
Responsible Procurement
- Supplier Code of Ethics
- Preference for suppliers with ISO 14001 certification
- Prioritization of local suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Increased intensity and frequency of extreme weather events
- Changes in rainfall patterns, sea levels rise, and rise in average temperature
Transition Risks
- Increasingly strict global and local policies and regulations
Opportunities
- Development of climate-resilient infrastructure
- Retrofitting existing buildings with energy-efficient materials and technologies
Reporting Standards
Frameworks Used: HKEX ESG Reporting Guide, GRI Standards 2021
Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001
Third-party Assurance: Hong Kong Quality Assurance Agency (HKQAA) and Hong Kong Certification Services International Limited
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Quality Public Housing Construction and Maintenance Awards 2023
- Link CAPEX Contractors Construction Site Safety Award 2023
- JobsDB - The Hong Kong HR Awards 2023/24
- BEAM Plus Awards