Climate Change Data

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)