IBI Group Holdings Limited
Climate Impact & Sustainability Data (2021-04 to 2022-03)
Reporting Period: 2021-04 to 2022-03
Environmental Metrics
Total Carbon Emissions:59.40 tCO2e/year
Scope 1 Emissions:0 tCO2e/year
Scope 2 Emissions:48.17 tCO2e/year
Scope 3 Emissions:11.23 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:67,853 kwh/year
Water Consumption:Not disclosed
Waste Generated:643.92 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Obtained ISO 14001:2015 Environmental Management Systems Certification for IBI Limited and IBI Projects Limited.
- Collected and recycled 0.18 tonnes of paper in the office.
- Completed one BEAM Plus Interiors project.
Social Achievements
- Provided internships to students through the student Industrial Attachment Programme.
- Implemented an equal opportunity policy.
- Implemented an anti-child and forced labour policy.
Governance Achievements
- Established three board committees: Audit Committee, Remuneration Committee, and Nomination Committee.
- Complied with all Code Provisions except A.2.1 (separation of Chairman and CEO roles).
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce electricity usage by at least 3%
- Reduce paper consumption by at least 3%
Environmental Challenges
- Covid-19 pandemic impact on Macau operations and smaller project sizes in Hong Kong.
- Imbalance in the supply of construction professionals in Hong Kong due to migration and quarantine policies.
- High inflation globally.
Mitigation Strategies
- Reduced Macau operations to a minimum.
- No workforce reduction in Hong Kong; hoping for improvement as normality returns.
- Assessing the impact of high inflation on business sectors.
Supply Chain Management
Supplier Audits: Annual review on suppliers and subcontractors’ performance.
Responsible Procurement
- Approved suppliers and subcontractor list; evaluation based on quality, compliance, reputation, environmental and social risks.
Climate-Related Risks & Opportunities
Physical Risks
- Severe storms or floods disrupting operations.
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Hong Kong Stock Exchange ESG Reporting Guide
Certifications: ISO 14001:2015, ISO 45001:2018, ISO 9001:2015
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Products and services focusing on air quality, energy efficiency, and modern sustainable building materials.
Awards & Recognition
- Not disclosed