Accel Group Holdings Limited
Climate Impact & Sustainability Data (2020, 2021, 2022, 2024)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environmental Management
- Occupational Health and Safety
- Quality Management
- Employment
- Supply Chain Management
- Product Responsibility
- Anti-corruption
- Community Investment
Environmental Achievements
- Obtained ISO 14001:2015 Environmental Management Certification
- Implemented various environmental management measures at construction sites, covering planning, procurement, and project procedures.
- No material non-compliance with Hong Kong laws and regulations related to air and greenhouse gas emissions, water and land discharges, and waste generation.
Social Achievements
- Established a comprehensive employment management system providing a competitive, fair, and inclusive working environment.
- No material non-compliance with Hong Kong employment laws and regulations.
- Implemented occupational health and safety manual, supervised by a registered safety officer.
- No material non-compliance with Hong Kong laws and regulations related to providing a safe working environment.
- Provided employees with half-subsidized medical benefits and year-end bonuses.
- Established Code of Conduct and Anti-money Laundering and Counter-terrorist Financing Policy.
- Implemented measures to prevent child and forced labor.
Governance Achievements
- Board of directors acknowledges responsibility for Group management and sustainability.
- Board formulates ESG strategies, monitors performance, reviews management systems, and determines policies.
- Chairman oversees strategic planning, senior management implements strategies.
Climate Goals & Targets
Environmental Challenges
- Minimizing GHG emissions from vehicles and office electricity consumption.
- Managing noise pollution from business activities.
- Maintaining good indoor air quality.
- Attracting and retaining outstanding employees.
- Ensuring supplier and subcontractor compliance with quality, environmental, and safety standards.
- Protecting customer privacy.
- Preventing corruption, fraud, and unethical behavior.
Mitigation Strategies
- Encouraging workers to switch off vehicle engines when idling, planning routes to reduce repetition, and performing regular vehicle maintenance.
- Adopting energy-saving measures in the headquarters, encouraging employees to switch off unnecessary lights and electronic devices.
- Strictly abiding by the Noise Control Ordinance and other relevant regulations.
- Regularly monitoring indoor air quality and conducting regular cleaning of the air conditioning system.
- Establishing a robust recruitment and promotion system, providing competitive remuneration and benefits.
- Formulating standards and strict procedures for selecting suppliers and subcontractors, regularly inspecting and monitoring their performance.
- Formulating internal policies to regulate the handling of confidential information, adhering to the Personal Data (Privacy) Ordinance.
- Establishing a Code of Conduct and Anti-money Laundering and Counter-terrorist Financing Policy, encouraging employees to report suspected improper conduct.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Formulated standards and strict procedures for selecting major suppliers and subcontractors; environmental and social performance are selection criteria.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)
Certifications: ISO 14001:2015, OHSAS 18001:2007, ISO 9001:2015
Third-party Assurance: Not disclosed
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental Management
- Occupational Health and Safety
- Quality Management
- Supply Chain Management
- Community Investment
Environmental Achievements
- Implemented environmental management measures at construction sites, covering planning, procurement, and various project procedures. No material non-compliance with Hong Kong laws and regulations related to air and GHG emissions, water and land discharges, and waste generation.
- Reduced exhaust gas emissions through engine switch-off initiatives, route planning, and regular vehicle maintenance.
- Implemented energy-saving measures in the headquarters to minimize electricity consumption.
- Regularly monitors paper consumption and encourages electronic media and double-sided printing.
- Maintained good indoor air quality through regular cleaning of the air conditioning system.
Social Achievements
- Established a comprehensive employment management system providing a competitive, fair, and inclusive working environment.
- No material non-compliance with employment laws and regulations in Hong Kong.
- Implemented a robust recruitment and promotion system to attract outstanding talents.
- Provided competitive wages and benefits, including half-subsidized medical benefits and year-end bonuses.
- Established a robust occupational health and safety management system, certified by OHSAS 18001:2007, with a Safety Steering Committee overseeing implementation.
- Provided training and development opportunities for employees to improve knowledge and skills.
- Implemented policies to prevent child and forced labor.
- Formulated internal policies to regulate the handling of confidential information and protect customer privacy.
- Established a Code of Conduct and Anti-money Laundering and Counter-terrorist Financing Policy to prevent unethical or illegal acts.
Governance Achievements
- Board of directors acknowledges responsibility for ESG management and sustainability.
- Board formulates ESG strategies, monitors performance, reviews management systems, and determines policies.
- Chairman oversees strategic planning, senior management implements strategies.
- Conducted a materiality assessment to identify sustainability factors material to business operations.
Climate Goals & Targets
Environmental Challenges
- Reducing GHG emissions
- Minimizing electricity consumption
- Reducing paper consumption
- Maintaining good indoor air quality
- Attracting and retaining outstanding employees
- Ensuring compliance with all relevant laws and regulations
Mitigation Strategies
- Vehicle-related measures (engine switch-off, route planning, maintenance)
- Energy-saving measures in the office (switching off lights and devices)
- Encouraging electronic media and double-sided printing
- Regular cleaning of air conditioning systems
- Competitive remuneration and benefits
- Robust recruitment and promotion system
- Regular safety training
- Internal policies and procedures for various ESG aspects
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Standards and strict procedures related to the selection of major suppliers and subcontractors
- Regular inspection and monitoring of materials and engineering works
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)
Certifications: ISO 14001:2015, OHSAS 18001:2007, ISO 9001:2015
Third-party Assurance: Not disclosed
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental Protection
- Energy Conservation
- Carbon Emission Reduction
- Occupational Health and Safety
- Employee Well-being
- Community Investment
- Supply Chain Management
- Anti-corruption
- Sustainable Development
Environmental Achievements
- Obtained ISO 14001:2015 Environmental Management Certification
- Implemented energy-saving measures in the office, reducing electricity consumption
- Implemented measures to reduce exhaust gas emissions from company vehicles
- Implemented measures to reduce paper waste
Social Achievements
- Received the Outstanding Social Caring Organisation Award from the Social Enterprise Research Academy in 2021
- Received the Corporate Environmental Leadership Award from the Federation of Hong Kong Industries
- Appointed as a founding member of GBA Carbon Neutrality Association
- Maintained zero material accidents and incidents and zero deaths due to work injury for the past three years
- Provided competitive wages and benefits to employees
- Implemented policies to ensure equal opportunities and prevent discrimination in the workplace
- Organized anti-corruption training sessions for senior management and employees
Governance Achievements
- Established a robust recruitment and promotion system
- Established a comprehensive employment management system
- Established Code of Conduct in the Employee Handbook
- Adopted the Anti-money Laundering and Counter-terrorist Financing Policy
Climate Goals & Targets
- Strive to achieve carbon neutrality by 2050 (aligned with Hong Kong's target)
- Not disclosed
- Not disclosed
Environmental Challenges
- Climate change risks (cyclones, coastal flooding, river flooding, policy and legal risks)
- Supply chain disruptions (not explicitly stated, but implied through the need for supplier management)
Mitigation Strategies
- Developed a climate change policy outlining commitment to mitigation, adaptation, monitoring, and reporting
- Formulated special work arrangements in response to extreme weather events
- Ensured suppliers and subcontractors adopt appropriate standard operating procedures to minimize risks from extreme weather events
- Formulated standards and strict procedures related to the selection of major suppliers and subcontractors to ensure compliance with environmental protection laws and regulations
- Regularly provided training sessions to suppliers and subcontractors
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Formulated standards and strict procedures for supplier selection
- Regular training sessions for suppliers and subcontractors
- Monitoring of environmental and social performance of major suppliers and subcontractors
Climate-Related Risks & Opportunities
Physical Risks
- Cyclones
- Coastal flooding
- River flooding
Transition Risks
- Policy and legal risks
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)
Certifications: ISO 14001:2015, OHSAS 18001:2007, ISO 9001:2015
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Outstanding Social Caring Organisation Award (2021)
- Corporate Environmental Leadership Award
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environmental Protection
- Energy Conservation
- Carbon Emission Reduction
- Green Building Development
- Corporate Social Responsibility
- Occupational Health and Safety
- Employee Development
- Community Investment
- Anti-corruption
Environmental Achievements
- Awarded EcoPartner and EcoPioneer under the BOCHK Corporate Low-Carbon Environmental Leadership Awards by the Federation of Hong Kong Industries.
- Established a green building and IoT joint laboratory with a local university in Hong Kong for R&D of green building materials and solutions.
- Established Accel Green Building Limited, committed to green building development projects.
Social Achievements
- Awarded several honors and awards in 2022, including Pursuit of Environmental Initiatives and Participation in the Hong Kong Awards for Environmental Excellence, Hong Kong Green Organisation Certification, and 2022 Certificate of Quality Assurance.
- Appointed as the vice-chairman unit of the Carbon Neutrality Committee of China Energy Conservation Association and a founding member of the GBA Carbon Neutrality Association.
- Received the Outstanding Social Caring Organisation Award from the Social Enterprise Research Academy in 2021.
- Zero material accident and incident and zero death due to work injury in the past three years.
Governance Achievements
- Established a governance structure to ensure ESG management aligns with business strategy and integrates into operations and decision-making.
- Board solely responsible for ESG issues, formulating policies, strategies, and objectives.
- Board regularly assesses risks and opportunities, reviews progress, and ensures effective risk management and internal control systems.
Climate Goals & Targets
Environmental Challenges
- Significant increase in employee turnover due to emigration and difficulty in absorbing new blood in the construction industry.
- Temporary shortage of talent due to historical reasons and new immigration policies.
Mitigation Strategies
- Government’s Labour Importation Scheme for the Construction Sector.
- Continued efforts to optimize wage and benefit measures.
- Robust recruitment and promotion system to attract talent.
Supply Chain Management
Responsible Procurement
- Established policies to ensure suppliers meet requirements including service provision capabilities, market reputation, and compliance with laws regarding occupational health and safety, environmental impact reduction, anti-discrimination codes, and codes preventing harassment and abuse of authority.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Opportunities
- Incorporating climate solutions into projects to enhance climate resilience.
Reporting Standards
Frameworks Used: ESG Reporting Guide (Appendix C2 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)
Certifications: ISO 14001:2015, OHSAS 18001:2007, ISO 9001:2015
Awards & Recognition
- EcoPartner and EcoPioneer under the BOCHK Corporate Low-Carbon Environmental Leadership Awards
- Pursuit of Environmental Initiatives and Participation in the Hong Kong Awards for Environmental Excellence
- Hong Kong Green Organisation Certification
- 2022 Certificate of Quality Assurance
- Outstanding Social Caring Organisation Award
- Caring Company (2021-2023)