Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility (CSR)
• Youth Development
• Community Service
• Environmental Protection
• Corporate Governance

Environmental Achievements

• Converted 94 diesel-powered RTGs to electric RTGs, reducing CO2 emissions by 60% per crane.
• Reduced annual energy and fuel usage by 14.8% and 30.9% respectively at The Star Ferry.
• Lowered water usage by 25.7% at Wharf T&T.
• Reduced greenhouse gas emissions by 13.2% at Gateway Hotel and 5% at Wharf T&T.
• Reduced paper usage by 3.4% at Wharf.

Social Achievements

• Launched Project WeCan, a 6-year school improvement program supporting over 10,000 students.
• Launched Wharf Architectural Design Internship Programme.
• Supported over 300 community programs through donations and staff volunteerism.
• The Star Ferry offered complimentary rides to senior citizens and concessionary fares to the physically challenged.
• Sponsored the production and broadcast of a community care series.

Governance Achievements

• Enhanced Corporate Governance Report with expanded scope and transparency.
• Adhered to best practices of corporate governance and regulatory compliance.
• Established a sound internal control system reviewed annually by the Audit Committee.
• Implemented a comprehensive code of conduct for employees.

Climate Goals & Targets

Environmental Challenges

• Softness in US and European economies affecting global trade flow.
• Slowdown in Asian trade movements.
• Intense competition and rising costs in the operating environment for i-CABLE.

Mitigation Strategies

• Established foothold in Pearl River Delta and Yangtze River Delta to benefit from China's economy.
• i-CABLE implemented effective marketing campaigns and broadband service upgrades.
• Wharf T&T achieved key milestone in ‘Fibre-To-The-Desk’ ambitions.

Supply Chain Management

Responsible Procurement

• Green procurement policies to ensure compliance with environmental policy.
• Incorporation of BEAM Plus or LEED standards for new building projects (Wheelock Properties HK).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Hang Seng Corporate Sustainability Benchmark Index

Certifications: ISO14001 (Modern Terminals)

Awards & Recognition

• Global Chinese Business 1000 — Best Performance Awards
• Caring Company
• Best International Hotel Management Group of China
• China’s most competitive Business Hotel 2011
• The Best Business Hotel in Xiamen
• Best Service Business Hotel in South China 2011
• Best Green Business Hotel for North China 2011
• Five Star hotel rating (Marco Polo Jinjiang)