S&techs (Hong Kong) Limited
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
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
- Climate Change
- Waste Reduction
- Resource Consumption
- Ecological Impacts
Environmental Achievements
- Reduced total waste generated by 2% from 2023
- Increased on-site recycling by 1% from 2023
- Increased office recycling by 0.5% from 2023
Social Achievements
- Not disclosed
Governance Achievements
- Developed Sustainability and Climate policies, reviewed and approved by the Board of Directors
Climate Goals & Targets
Long-term Goals:
- Strive towards a net zero future
Medium-term Goals:
- Set and commit to medium- to long-term carbon reduction targets
Short-term Goals:
- Not disclosed
Environmental Challenges
- Frequent extreme weather events disrupting project completion
- Decline in revenue and profit due to project operation impacts
- Increased expenditure for maintenance of damaged properties
- Increased manpower costs due to prolonged extreme heat
- Higher compliance and operation costs due to stricter government decarbonisation policies
- Intensified competition in greener fitting-out operations
- Loss of existing and potential clients due to competition
Mitigation Strategies
- Assessing and disclosing climate-related risks and opportunities to integrate them into management and future strategies
- Monitoring emission levels and striving to set a Science-based Target (SBT) for Scope 1 and 2 emissions
- Optimizing policies and climate-related management approach
- Educating employees and suppliers on environmental awareness
- Using water-based paints free of VOCs
- Advising clients on using double-glazed windows for energy efficiency and noise reduction
- Conducting acoustic tests to ensure comfortable noise levels
- Advising clients to use FSC-certified timber
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Using FSC-certified timber and finishing
Climate-Related Risks & Opportunities
Physical Risks
- Frequent extreme weather events
- Prolonged period of extreme hot weather
Transition Risks
- Stricter government decarbonisation policies
- Intensified competition in greener fitting-out operations
Opportunities
- Improved resource efficiency
- Improved reputation for sustainable services
Reporting Standards
Frameworks Used: TCFD
Certifications: ISO 14001:2015, ISO 9001:2015, ISO 45001:2018, GB/T
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed