Henderson Investment Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:9,631 tCO2e/year
Scope 1 Emissions:777 tCO2e/year
Scope 2 Emissions:8,854 tCO2e/year
Total Energy Consumption:19,480,406 kWh/year
Water Consumption:77,806 m3/year
Waste Generated:250,678 tons/year
Carbon Intensity:0.016 tCO2e / Sq. ft of Shop Area (2023)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Greenhouse gas emissions slightly decreased compared to 2022 due to decreased consumption of diesel oil and refrigerants.
- Nine F&B outlets in APITA Eatery awarded Swire Green Kitchen Award for Green Kitchen Initiative.
- Significant decrease in plastic shopping bag usage due to increased charges and removal of free bags for frozen/chilled items.
- 157,544 kg of paper (including cardboard boxes) recycled.
- 265 pieces of electronic equipment recycled.
Social Achievements
- Launched a Service Ambassador Programme at Citistore to upskill staff on service skills.
- Organised coaching skill classes for supervisors to improve coaching and communication skills.
- Implemented a Talent Training Program and a Retail Management Trainee Program.
- Provided training to all employees on the new Trade Descriptions Ordinance (Cap. 362).
- Organised anti-corruption talks and training with the ICAC.
Governance Achievements
- Board oversees ESG strategies and performance through regular reporting and updates from the Sustainability Committee.
- Adopted a “three lines of defence” model in risk governance.
- Sustainability Committee assesses ESG-related risks of strategic and financial significance.
- Prioritised risks and mitigation plans are discussed and endorsed by the Board.
Climate Goals & Targets
Long-term Goals:
- Gradually phase out the usage of plastic bags across the Group’s retail network by 2050.
Medium-term Goals:
- Reduce carbon intensity by 15% per square foot of shop area by 2030 compared to 2023 baseline.
Environmental Challenges
- Increase in average temperature leading to higher electricity and maintenance costs.
- Damage to outdoor lightboxes due to increased temperature.
- Closure of stores due to increased typhoon occurrence.
- Slippery floors and inventory damage due to increased rainstorms.
Mitigation Strategies
- Closely monitor indoor temperature and turn off fan coils at nighttime.
- Review risk management plans on the effects of typhoons annually.
- Place more fans in stores to circulate cooler air.
- Remove loose objects outside stores during typhoons and enhance protection of objects within premises.
- Review risk management plans for the effects of rainstorms every year.
- Liaise with property management to monitor drainage and pipes to prevent flooding.
Supply Chain Management
Responsible Procurement
- Strict adherence to laws and regulations related to product responsibility.
- Suppliers warrant necessary licenses and permits.
- Suppliers warrant that food is clean, hygienically prepared and free from contamination.
- Request for certificates and licenses of merchandise to confirm authenticity.
- Suppliers are responsible for IP infringement and product defects.
Climate-Related Risks & Opportunities
Physical Risks
- Increase in average temperature
- Increase in the occurrence of typhoons
- Increase in frequency of rainstorms
Reporting Standards
Frameworks Used: HKEX ESG Reporting Guide
Awards & Recognition
- Caring Company 2022/2023 (Citistore and APITA/UNY)
- Swire Green Kitchen Award (nine F&B outlets in APITA Eatery)