Climate Change Data

亞積邦租賃控股有限公司 / AP Rentals Holdings Limited

Climate Impact & Sustainability Data (2019, 2020, 2021, 2023, 2024)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:1684 tonnes CO2e
Scope 1 Emissions:845 tonnes CO2e
Scope 2 Emissions:83 tonnes CO2e
Scope 3 Emissions:6 tonnes CO2e
Total Energy Consumption:162736 kWh
Water Consumption:3338 m3
Waste Generated:3.2 tonnes hazardous waste (lubricant and battery), 0.9 tonnes non-hazardous waste (paper)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Successfully complied with local environmental requirements; no charges, fines or prosecution in relation to air emission regulations.
  • Reduced paper waste through various initiatives like reusing envelopes, using FSC-certified paper, and promoting a paperless environment.
  • Recycled 1.1 tonnes of paper.

Social Achievements

  • Maintained a diversified workforce with equal opportunities.
  • Implemented an Occupational Health and Safety (OHS) policy, resulting in no work-related fatalities and only 3 work-related injuries during the reporting period.
  • Provided various training programs for employees, totaling 2378.5 training hours.

Governance Achievements

  • Established and implemented an Anti-Bribery and Anti-Corruption Policy, including a declaration form for gifts received.
  • Organized anti-corruption training for 76 staff members.
  • No material non-compliance cases identified against employment-related laws and regulations.

Climate Goals & Targets

Environmental Challenges

  • Indirect air emissions from rental customers' use of machinery are not controllable.
  • Managing hazardous waste generated from workshop operations.
Mitigation Strategies
  • Proper maintenance of rental equipment to ensure operating efficiency and monitoring of emission-reducing technologies.
  • Implementing a systematic approach to hazardous waste management, including handling, storage, awareness, and disposal.

Supply Chain Management

Responsible Procurement
  • Sourcing equipment from reputable international equipment manufacturers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Hong Kong Exchanges and Clearing Limited’s ESG Reporting Guide

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:416 tonnes CO2e (Scope 1); 297 tonnes CO2e (Scope 2); 6 tonnes CO2e (Scope 3)
Scope 1 Emissions:416 tonnes CO2e
Scope 2 Emissions:297 tonnes CO2e
Scope 3 Emissions:6 tonnes CO2e
Total Energy Consumption:137,417 kWh (electricity); 2,757 units (town gas)
Water Consumption:438 m3
Waste Generated:6,250 litres (lubricant); 9.6 tonnes (battery); 1.0 tonnes (paper)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Successfully complied with local environmental requirements with no charges, fines or prosecution related to air emission regulations.
  • Significant decrease in absolute emission amount and emission intensity.
  • Collected and recycled 80kg of used paper (2019: 1,140kg).
  • Awarded the “Wastewi$e Certificate — Basic Level” under the Hong Kong Green Organisation Certification.

Social Achievements

  • No material non-compliance against employment-related laws and regulations.
  • No material non-compliance with occupational safety and health-related laws and regulations.
  • Two cases of work-related injuries, accounting for a total of 206 lost days due to work injury (2019: 50).

Governance Achievements

  • Established and implemented the Anti-Bribery and Anti-Corruption Policy.
  • No cases of noncompliance with laws and regulations relating to bribery, extortion, fraud and money laundering.

Climate Goals & Targets

Environmental Challenges

  • Indirect air emissions from rental customers are not controllable by the Group.
  • Frequent social movements since June 2019.
Mitigation Strategies
  • Replacing old machines/vehicles with Euro V/VI standard ones, purchasing more brand new machines, using Ultra Low Sulphur Diesel, switching off idle plant/equipment, conducting weekly self-monitoring of machine exhaust, performing regular repair and maintenance, complying with EPD requirements, using water spray or tarpaulin covers.
  • Set up relevant guidelines for staff to follow in order to keep them away from danger.

Supply Chain Management

Responsible Procurement
  • Sourcing equipment from reputable international equipment manufacturers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Appendix 27 — Environmental, Social and Governance (“ESG”) Reporting Guide of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: Wastewi$e Certificate — Basic Level

Sustainable Products & Innovation

  • Smart System in Mobile Electricity (SSME)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:313 + 80 + 6 = 399 tonnes CO2e
Scope 1 Emissions:313 tonnes CO2e
Scope 2 Emissions:80 tonnes CO2e
Scope 3 Emissions:6 tonnes CO2e
Total Energy Consumption:214,412 kWh
Water Consumption:4,180 m3
Waste Generated:Hazardous waste: 46,250 Litre lubricant, 16.35 tonnes battery; Non-hazardous waste: 0.8 tonnes paper

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Launched Smart System in Mobile Electricity (SSME) to reduce fuel consumption and carbon emissions during electricity generation.
  • Replaced old machines/vehicles with Euro V/VI standard ones.
  • Collected and recycled 1,200kg of used paper (2020: 80kg; 2019: 1,140kg).

Social Achievements

  • Established an employee performance system with regular performance evaluations and remuneration adjustments.
  • Provided competitive compensation packages, medical insurance, and MPF to employees.
  • Assigned 9 employees to attend the Standard First Aid Certificate Course.

Governance Achievements

  • Established and implemented an Anti-Bribery and Anti-Corruption Policy.
  • Established a whistle-blowing mechanism to encourage reporting of suspected misconduct.
  • Regularly reviewed OHS policy and management system every six months.

Climate Goals & Targets

Environmental Challenges

  • Climate change leading to more frequent adverse weather events.
  • Managing waste, particularly hazardous waste from workshop operations.
Mitigation Strategies
  • Developed an emergency response plan for extreme weather conditions.
  • Adopted a waste life cycle approach for waste management, including procurement, handling, storage, awareness, and disposal.
  • Implemented a holistic energy-saving management approach.

Supply Chain Management

Responsible Procurement
  • Sourcing equipment from reputable international equipment suppliers; balancing environmental impact, cost, and product quality.

Climate-Related Risks & Opportunities

Physical Risks
  • Adverse weather events or natural disasters

Reporting Standards

Frameworks Used: Appendix 27 — Environmental, Social and Governance (“ESG”) Reporting Guide of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: Wastewi$e Certificate — Basic Level

Sustainable Products & Innovation

  • SSME (Smart System in Mobile Electricity)

Awards & Recognition

  • Wastewi$e Certificate — Basic Level

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:1538 tonnes CO2e (Scope 1 & 2)
Scope 1 Emissions:646 tonnes CO2e
Scope 2 Emissions:84 tonnes CO2e
Scope 3 Emissions:7 tonnes CO2e
Total Energy Consumption:215,518 kWh
Water Consumption:2,531 m3
Waste Generated:68.29 tonnes (hazardous waste)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Launched Smart System in Mobile Electricity (SSME) to reduce fuel consumption and carbon emissions during electricity generation.
  • Reduced scope 2 emission intensity by 14% since 2020.
  • Substantially reduced waste disposal, saving purchasing costs.

Social Achievements

  • Established and maintained a safe working environment for employees.
  • Provided competitive compensation packages and additional welfare such as medical insurance and MPF.
  • Implemented flexible working hours and work-from-home policies to promote work-life balance.

Governance Achievements

  • Established an Environmental, Social & Governance Committee (ESG Committee) to handle ESG related tasks.
  • Implemented a Code of Anti-Corruption and a Whistleblowing Policy.
  • Regularly reviewed OHS policy and management system every six months.

Climate Goals & Targets

Medium-term Goals:
  • Improve energy efficiency in operations and reduce energy consumption.
Short-term Goals:
  • Reduce air emission intensity by effective implementation of air emission reduction measures.
  • Reduce overall hazardous and non-hazardous wastes intensities.

Environmental Challenges

  • Air pollution from combustion of fossil fuels by rental equipment and vehicles.
  • Waste generation from workshop operations and office administrative works.
  • High employee turnover rate (30% in 2023).
Mitigation Strategies
  • Replacing old machines/vehicles with Euro V/VI standard ones, using Ultra Low Sulphur Diesel, and promoting SSME solutions.
  • Adopting a standard approach for waste management, including procurement, handling, storage, awareness, and disposal.
  • Providing competitive compensation packages, additional welfare, and flexible working arrangements to attract and retain talents.

Supply Chain Management

Supplier Audits: Regular review on the performance of 196 suppliers (as of 31 March 2023)

Responsible Procurement
  • Sourcing equipment from sound and reliable suppliers; balancing environmental impact, cost and product quality.

Climate-Related Risks & Opportunities

Physical Risks
  • Adverse weather events or natural disasters

Reporting Standards

Frameworks Used: Appendix 27 — Environmental, Social and Governance Reporting Guide of the Main Board Listing Rules published by the Hong Kong Exchanges and Clearing Limited

Certifications: Hong Kong Green Organisation Certification (“HKGOC”) Wastewi$e Certificate — Excellence Level

Sustainable Products & Innovation

  • Smart System in Mobile Electricity (SSME)

Awards & Recognition

  • HKGOC Wastewi$e Certificate — Excellence Level

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:8315646 + 89 + 7 = 8414703 tCO2e/year (Scope 1, 2, 3)
Scope 1 Emissions:8315646 tCO2e/year
Scope 2 Emissions:89 tCO2e/year
Scope 3 Emissions:7 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:227,705 kWh/year
Water Consumption:2,745 m3/year
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Successfully launched self-developed mobile power grid (SSME) to reduce fuel consumption and carbon emissions during electricity generation.
  • Replaced old machines/vehicles with Euro V/VI standard ones.
  • Purchased more brand new machines, keeping the equipment rental fleet young (average less than five years).

Social Achievements

  • Established and implemented an employee performance system with regular performance evaluations.
  • Provided competitive compensation packages and additional welfare such as medical insurance and MPF.
  • Implemented flexible working hours and work-from-home policies.

Governance Achievements

  • Established an Environmental, Social & Governance Committee (ESG Committee) to manage ESG-related tasks.
  • Established and implemented a Code of Anti-Corruption.
  • Implemented a Whistleblowing Policy.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce GHG emission intensity.
  • Reduce energy consumption.
Short-term Goals:
  • Reduce air emission intensity by effective implementation of air emission reduction measures.
  • Reduce overall waste intensity through the implementation of various waste management measures.

Environmental Challenges

  • Air emissions (NO2, CO, PM) from rental equipment and vehicles.
  • Waste generation from workshop operations and office administrative works.
  • Potential losses from extreme weather conditions.
Mitigation Strategies
  • Implemented various air emission reduction measures (replacing old machines, using ultra-low sulfur diesel, etc.).
  • Adopted a standard waste management approach (procurement, handling, storage, awareness, disposal).
  • Developed pre- and post-inclement weather checklists and an Emergency Response Plan.

Supply Chain Management

Supplier Audits: Regular review on supplier performance, including environmental and social aspects.

Responsible Procurement
  • Sourcing equipment from sound and reliable suppliers, including reputable international equipment manufacturers.

Climate-Related Risks & Opportunities

Physical Risks
  • Adverse weather events and natural disasters
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Appendix C2 — Environmental, Social and Governance Reporting Guide of the Main Board Listing Rules published by the Hong Kong Exchanges and Clearing Limited

Certifications: Hong Kong Green Organisation Certification (“HKGOC”) Wastewi$e Certificate — Excellence Level

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • SSME (Smart System in Mobile Electricity)

Awards & Recognition

  • HKGOC Wastewi$e Certificate — Excellence Level