EGL Holdings Company Limited
Climate Impact & Sustainability Data (2020, 2021)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:648.7 tonnes CO2e
Scope 1 Emissions:204.2 tonnes CO2e
Scope 2 Emissions:412.8 tonnes CO2e
Scope 3 Emissions:31.7 tonnes CO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:793,000 kWh
Water Consumption:24,797 m3
Waste Generated:36.83 tonnes (solid waste)
Carbon Intensity:2.60 tonnes CO2e/HKD Million
ESG Focus Areas
- Environmental Sustainability
- Social Sustainability
- Governance
Environmental Achievements
- Reduced air emissions of SOx by 70%, NOx by 91%, and PM by 91% compared to 2019 due to business suspension.
- Total GHG emissions decreased by approximately 45% compared to 2019, with Scope 1, Scope 2, and Scope 3 emissions reduced by 58%, 35%, and 30% respectively.
- Significant decrease in solid waste and wastewater generation due to business suspension.
Social Achievements
- Participation in the “Good Employer Charter” promoting good HRM practices.
- Arranged free influenza vaccines for 146 employees.
- Organized a local “Flycation” for employees and their families to relieve stress.
Governance Achievements
- Compliance with anti-corruption laws and regulations.
- No legal cases regarding corrupt practices were brought against the Group or its employees.
- Established a sound grievance mechanism to handle misconduct reports.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- COVID-19 pandemic causing significant disruption to travel and hotel businesses.
- Shortage of face masks in the community.
Mitigation Strategies
- Implemented emergency response policies to ensure employee safety and business continuity.
- Adjusted work arrangements (physical attendance and work from home).
- Provided employees with protective materials and regular disinfection of workplaces.
- Sourced and distributed over 30,000 face masks to the community.
- Donated masks to charitable organizations.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Prioritising local suppliers
- Selecting suppliers committed to environmental protection
- Using recyclable materials
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Appendix 27 – Environmental, Social and Governance Reporting Guide to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 4 (Quality Education)
- Not disclosed
Supporting students through scholarships.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- “15 Years Plus Caring Company”, “Partner Employer Award”, “Social Capital Builder Logo Award”
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:1078.97 tCO2e/year
Scope 1 Emissions:447.91 tCO2e/year
Scope 2 Emissions:631.06 tCO2e/year
Total Energy Consumption:3992.97 MWh/year
Water Consumption:24,357.00 m3/year
Waste Generated:20.00 tons/year
Carbon Intensity:24.20 tonnes CO2e per HKD million revenue
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Implemented energy-saving measures in offices and hotels.
- Upgraded equipment with low-carbon technologies.
- Achieved a 59% decline in gasoline use and 37% decline in diesel use compared to FY2020 (primarily due to pandemic).
Social Achievements
- Participation in the “Good Employer Charter”.
- Launched “Talent Development Scheme” and “Youth Upward Mobility Mentorship Program”.
- Provided annual health checks for hotel staff and psychological counseling when needed.
Governance Achievements
- Established an ESG Working Group.
- Implemented anti-corruption policies and training.
- 100% anti-corruption training rate for Directors; over 14% for employees.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality before 2050.
Short-term Goals:
- Reduce GHG emissions by 3% annually.
Environmental Challenges
- COVID-19 pandemic significantly impacted travel-related businesses and hotel operations.
- Extreme weather events pose physical risks to assets and operations.
- Transition risks associated with regulatory changes, technological advancements, and market shifts.
Mitigation Strategies
- Adjusted work arrangements (physical attendance and work from home).
- Implemented contingency plans for extreme weather and emergencies.
- Integrated climate-related risks into business strategy and risk management framework.
Supply Chain Management
Responsible Procurement
- Prioritizes local suppliers.
- Considers environmental performance and eco-friendly products.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
- Technological advancements
- Market shifts
- Reputational risks
Opportunities
- New technologies to enhance operational and energy efficiency
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)
UN Sustainable Development Goals
- Goal 4 (Quality Education)
Support for students through scholarships.
Awards & Recognition
- 15 Years Plus Caring Company
- Partner Employer Award
- Social Capital Builder Logo Award