Envision Greenwise Holdings Limited
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Scope 1 Emissions:38.96 tCO2e/year
Scope 2 Emissions:110.39 tCO2e/year
Total Energy Consumption:468.95 MWh/year
Water Consumption:12,935.00 m3/year
Waste Generated:798.09 tons/year
Carbon Intensity:0.33 tonnes CO2-e per million HK$ revenue
ESG Focus Areas
- Climate Change
- Environmental Protection
- Green Infrastructure
- Green Transport
- Power Battery Recycling
- Occupational Health and Safety
- Employee Well-being
- Community Investment
- Supply Chain Management
- Anti-corruption
Environmental Achievements
- Honored as Hong Kong Green Organisation by the Environmental Campaign Committee
- GHG emissions intensity decreased by 37% compared to the baseline year.
- Intensity of non-hazardous waste production decreased by 70% compared to the baseline year.
Social Achievements
- Awarded Occupational Safety and Health Star Enterprise and Outstanding Safety Performance Award by the Occupational Safety and Health Council.
- Employee training increased to 14% of total employees, receiving 56 hours of training.
Governance Achievements
- Adopted and complied with applicable code provisions in the Corporate Governance Code.
- Established an interdepartmental ESG working group to coordinate different departments.
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero carbon emissions by 2050
Medium-term Goals:
- Reduce GHG emissions intensity by 50% by 2035.
- Reduce energy consumption intensity by 50% by 2035.
- Reduce water consumption by 50% by 2035.
- Reduce waste intensity by 50% by 2035.
Environmental Challenges
- Increase in NOx, SOx, and PM emissions due to increased vehicle usage.
- Increase in water consumption intensity due to new business and project.
- Potential climate-related risks (physical and transition risks).
Mitigation Strategies
- Set a reduction target to reduce air emissions by 50% by 2035.
- Set a target to reduce GHG emissions intensity by 50% by 2035.
- Set a target to reduce energy consumption intensity by 50% by 2035.
- Set a reduction target to reduce water consumption by 50% by 2035.
- Implemented measures to mitigate GHG emissions (switching to EVs, BESS, etc.).
- Implemented waste management system to reduce waste.
- Established a Company Safety Management Committee and Site Safety Committee.
- Implemented various safety measures in construction projects and environmental-related services.
Supply Chain Management
Responsible Procurement
- Conduct assessments of suppliers and subcontractors based on their environmental and social performance.
- Select suppliers based on experience, qualifications, quality of work, reputation, capability, price competitiveness, creditworthiness, and safety and environmental records.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather conditions (flooding, typhoons)
- Sustained elevated temperature
Transition Risks
- Changes in environmental regulations
- Emerging technologies
- Shift in consumer preference
Opportunities
- Development and/or expansion of low emission goods and services
Reporting Standards
Frameworks Used: Appendix C2 of the Rules Governing the Listing of Securities
Certifications: ISO 9001, ISO 14001, ISO 45001
Sustainable Products & Innovation
- Battery energy storage system (BESS) using EV battery recycling technology.
Awards & Recognition
- Hong Kong Green Organisation
- Occupational Safety and Health Star Enterprise
- Outstanding Safety Performance Award