Climate Change Data

K. Wah International Holdings Limited

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:671.54 tCO2e/year
Scope 1 Emissions:140.49 tCO2e/year
Scope 2 Emissions:463.48 tCO2e/year
Scope 3 Emissions:67.57 tCO2e/year
Total Energy Consumption:1,271.64 MWh/year
Waste Generated:13.33 tons/year
Carbon Intensity:0.71 tCO2e/FTE

ESG Focus Areas

  • Climate Change
  • Resource Efficiency
  • Green Building
  • Climate Resilience
  • Employee Well-being
  • Supply Chain Management
  • Community Investment
  • Corporate Governance
  • Anti-corruption

Environmental Achievements

  • Decreased Group’s overall GHG emissions intensity by approximately 5.3% from 2021 levels.
  • Diverted approximately 8,738 kg of paper from landfills in 2022 through office recycling at the Hong Kong offices.
  • Achieved 125.3% paper recycling rate in the Hong Kong office in 2022.
  • Several new property development projects designed with sustainability features (water-saving devices, monitoring meters, occupancy sensors and light control timers).

Social Achievements

  • Employee turnover rate decreased to 23.2% in 2022 from 26% in 2021.
  • Honored with “Employee Communication Award”, the “COVID-19 Caring Employer” and received the “Employer of Choice Award” for the seventh straight year.
  • Organized various workshops for employee well-being.
  • Supported community initiatives including home visits to the elderly and participation in Walk for Millions.

Governance Achievements

  • Established an ESG Committee to formulate sustainability strategies and manage material ESG-related issues.
  • Arranged anti-corruption training sessions for employees.
  • Signed a HK$8 billion sustainability-linked syndicated loan.

Climate Goals & Targets

Short-term Goals:
  • Reduce GHG emissions intensity by 26% from 2016 baseline by 2025.
  • Maintain paper recycling rate in the Hong Kong office by at least 60% per year by 2025.
  • Reduce energy intensity by 39% from 2016 baseline by 2025.

Environmental Challenges

  • Increased Group’s overall energy intensity by approximately 10.7% from 2021 levels due to increased use of company vehicles.
  • Potential climate physical risks such as extreme weather events impacting business operations and employee/customer safety.
Mitigation Strategies
  • Implementing emissions reduction measures, such as adopting hybrid vehicles.
  • Implementing various energy-efficient measures to reduce purchased electricity.
  • Developing mitigation, adaptation and resilience strategies to manage climate risks.
  • Exploring various green financing means for development projects.

Supply Chain Management

Supplier Audits: Audits, site visits and quality assessments conducted as appropriate.

Responsible Procurement
  • Pre-qualification screening of suppliers based on track records, environmental and safety performance, and certifications.
  • Three-tier audit system for Mainland suppliers.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Changes in customer preferences
  • Climate-related mandates
Opportunities
  • Green financing

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide

Awards & Recognition

  • BCI Asia Hong Kong’s Top 10 Developers 2022
  • 2022 Corporate Brand Awards of Excellence
  • 2022 Practical Design Excellence Award
  • 2022 The 2nd China HR Visionaries Mirror Post
  • 2022 Outstanding Corporate Social Responsibility Award
  • 2021–2022 Caring Company
  • 2021–2022 China Human Resource Pioneer Employer
  • Employees Retraining Board ERB Manpower Developer Award
  • 2020–2024 Job Market Employer of Choice Award
  • COVID-19 Caring Employer
  • Employee Communication Award
  • 2022 Promoting Happiness Index Foundation and The Chinese Manufacturer’s Association of Hong Kong Happiness at Work Promotional Scheme
  • The Leading 9+2 • The 3rd Greater Bay Area Navigation Award
  • Best GBA Property Development Award
  • K. Summit and Solaria Best Landscape Award

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed