Climate Change Data

HKT Trust and HKT Limited

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:162,542 tCO2e/year
Scope 1 Emissions:3,866 tCO2e/year
Scope 2 Emissions:157,632 tCO2e/year
Scope 3 Emissions:1,043.30 tCO2e/year
Renewable Energy Share:Around 10% (Tin Shui Wai Exchange)
Total Energy Consumption:1,169,348 GJ/year
Water Consumption:328,670 m3/year
Waste Generated:849.77 tons/year (general waste); 217.86 tons/year (hazardous waste)
Carbon Intensity:16.82 tCO2e/employee; 4.76 tCO2e/HK$ million

ESG Focus Areas

  • Customer data privacy and protection
  • Information security and management
  • Anti-corruption
  • Energy efficiency
  • GHG emissions
  • Climate change

Environmental Achievements

  • Reduced electricity consumption by 15.5%
  • Reduced Scope 1 and 2 GHG emissions by 33.1%
  • Approximately 10,000 electric vehicle charging facilities have been provided
  • Integrated Smart Energy Solution has been utilised to regulate the load of our buildings by achieving close to 10% of energy savings
  • Participation in Mastercard’s Priceless Planet Coalition to help restore 100 million trees globally by 2025

Social Achievements

  • Launched Skills Hub, a virtual learning platform to support continuous learning and development
  • Piloted Collaborate & LEAD, a leadership learning programme
  • Close to HK$115 million monetary and in-kind contributions on support programmes for the needy and event sponsorships to promote Hong Kong as an art and cultural hub
  • COVID-19 relief measures including network services for over 3,000 community isolation facilities
  • Over 2,600 volunteering hours and over 100 corporate volunteers signed up in the debut of the “Strive and Rise Programme” to support youth upward mobility

Governance Achievements

  • Established Enterprise Risk Management (“ERM”) framework to monitor and manage the risks
  • Provided a wide range of compliance training to employees
  • No concluded legal cases concerning non-compliance with the Prevention of Bribery Ordinance (Cap. 201) and other applicable laws and regulations related to corruption, nor any legal cases concerned with corrupt practices brought against the Group or its employees in 2022.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce absolute electricity consumption by 13.2% by 2025
  • Reduce absolute Scope 1 and 2 GHG emissions by 34.0% by 2025
  • Reduce absolute general waste by 16.2% by 2025
  • Reduce water consumption intensity by 4.4% by 2025

Environmental Challenges

  • Increased demand for communications and services may drive electricity and power consumption to a higher level
  • Difficulty attracting the right talent due to the competitive labour market
  • Need for effective communication and alignment on sustainability strategy across the Group and its stakeholders
  • Climate change posing physical climate risks (extreme weather events) and transition climate risks (stringent decarbonization policies)
  • Cybersecurity threats
Mitigation Strategies
  • Exploring different energy saving options, including reducing air conditioner usage at data centers, switching off 2G network, installing automatic sensors for lighting, and dismantling fluorescent tubes.
  • Investing in talent acquisition and development programs, launching Skills Hub and Collaborate & LEAD programs.
  • Establishing a robust governance structure and oversight responsibility for sustainability, including a Sustainability Committee.
  • Enhancing climate resilience through technological innovations and implementing control measures (IoT sensors, emergency plans, monitoring network equipment).
  • Adopting digital solutions and smart technologies to enhance energy efficiency and resources conservation, adopting renewable energy and promoting the use of electric vehicles.
  • Partnering with global cybersecurity leader to launch managed SASE Service and establishing Next Generation Security Operations Centres.

Supply Chain Management

Supplier Audits: 76 supplier visits conducted

Responsible Procurement
  • Supplier Code of Conduct
  • Continuous supplier management and assessment
  • Sustainable procurement by sourcing from local where possible
  • Sustainability-related terms included in standard procurement contracts

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (typhoons, heavy rainfall, floods)
  • Long-term shifts in climate patterns (sustained high temperature, change in precipitation patterns)
Transition Risks
  • More stringent policy requirements towards decarbonisation
Opportunities
  • Development of energy-efficient products and services (Integrated Smart Energy Solution)

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide, GRI Universal Standards

Certifications: ISO 9001:2015, ISO 20000–1:2018, ISO 27001

Third-party Assurance: Hong Kong Quality Assurance Agency (HKQAA)

UN Sustainable Development Goals

  • 7
  • 13

Contributions to SDGs 7 (Affordable and Clean Energy) and 13 (Climate Action) are described throughout the report.

Sustainable Products & Innovation

  • Integrated Smart Energy Solution
  • Smart Living Solutions
  • EV charging services

Awards & Recognition

  • AA in the MSCI ESG rating
  • Merit Award (Large Organisation Category) of the Hong Kong Sustainability Award 2022
  • Gold Award (Media and Communication Category) of the 2021 Hong Kong Awards for Environmental Excellence
  • Recognised as Hong Kong Green Organisation
  • 5 Years Plus Caring Company
  • Friends of EcoPark 2022