HUTCHISON PORT HOLDINGS TRUST
Climate Impact & Sustainability Data (2021, 2022, 2023, 2024)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- partners with suppliers that share sustainability priorities and uphold high levels of environmental and ethical conduct
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:456,770 tCO2e/year
Scope 1 Emissions:283,887 tCO2e/year
Scope 2 Emissions:172,883 tCO2e/year
Scope 3 Emissions:474,837 tCO2e/year
Total Energy Consumption:6,461,698 GJ/year
Carbon Intensity:12.65 kg CO2e/TEU
ESG Focus Areas
- Our People
- Our Environment
- Our Business
Environmental Achievements
- Reduced 2% in total emissions (scope 1+scope 2)
- Reduced 3% diesel consumption per TEU
- Completed the first data collection exercise of scope 3 for all Business Units (BUs) within operational control
- Over 63% of Rubber-Tyred Gantry Cranes (RTGCs) are now electrified or hybrid
- Terminals in Spain and the UK have fully adopted renewable electricity supply
Social Achievements
- Reduced Total Recordable Injury Frequency Rate (TRIFR) from 4.52 in 2021 to 4.42 in 2022
- More than 340,000 training hours delivered to our employees
- Launched the global BEWELL campaign to prioritize employee well-being
- Implemented gender-neutral hiring, training, and promotion practices
- Various Go Green tree planting campaigns and community engagement initiatives
Governance Achievements
- Developed a net-zero decarbonisation roadmap
- Officially committed to the Science Based Targets initiative (SBTi)
- Launched Dangerous Goods Policy
- Implemented the Intelligent Yard Surveillance System
- 100% of net proceeds from eligible projects under sustainable transportation in green bonds issued by CKHH was attributed to Hutchison Ports
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2050
Medium-term Goals:
- Achieve near-zero scope 2 emissions by 2032
Short-term Goals:
- Reduce scope 1 and 2 emissions by 46.2% by 2032 (against a 2021 baseline)
Environmental Challenges
- Global supply chain disruptions
- Climate change risks
- Scope 3 emissions
- Cybersecurity threats
Mitigation Strategies
- Developed a net-zero roadmap aligned with SBTi
- Implemented a more robust supply chain management initiative
- Completed a climate risk baseline exercise
- Implemented enhanced cybersecurity measures, including MFA, VPN, and cloud security
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
- Human Rights Policy
- Modern Slavery and Human Trafficking Statement
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Flooding
- Sea level rise
- Heat waves
Transition Risks
- Regulatory changes
- Market shifts
- Supply chain disruptions
Opportunities
- Development of energy-efficient products and services
- Investment in renewable energy
Reporting Standards
Frameworks Used: TCFD, GRI, UN SDGs
Certifications: ISO 14001, ISO 45001
UN Sustainable Development Goals
- Goal 3
- Goal 4
- Goal 5
- Goal 7
- Goal 8
- Goal 9
- Goal 10
- Goal 11
- Goal 13
- Goal 14
- Goal 15
- Goal 17
Hutchison Ports' sustainability strategy aligns with 12 of the 17 UN SDGs through its three pillars: Our People, Our Environment, and Our Business.
Sustainable Products & Innovation
- Autonomous Trucks (ATs)
- Electrified port equipment
Awards & Recognition
- SIL Sustainability Award
- Endorsed Employer for Women, Work180
- Disability Confident Committed Employer
- Defence Employer Recognition Scheme - Silver Award
- Partner Employer Award 2022
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:384,726 tCO2e/year
Scope 1 Emissions:252,151 tCO2e/year
Scope 2 Emissions:132,575 tCO2e/year
Scope 3 Emissions:547,316 tCO2e/year
Total Energy Consumption:5,694,037 GJ/year
Water Consumption:668.6 Megalitre/year
Waste Generated:30,296 tons/year
Carbon Intensity:11.36 tonnes/TEU
ESG Focus Areas
- Decarbonisation
- Energy use and efficiency
- Cyber security
- Data protection
- Occupational health and safety
- Port security
Environmental Achievements
- -10.6% in CO2 intensity, compared to 2022
- -19.4% in Scope 1 & 2 emissions, compared to 2021 baseline
- Extended coverage of purchasing green electricity
- -5.5% in Diesel Consumption per TEU
- Established Shared Services Centre
- Reduction in global inventory level
- 19% reduction in emissions in 2023 against the 2021 baseline
Social Achievements
- Strengthened enforcement of the Global Minimum Safety Standards (GMSS) 12.11 on pedestrian safety
- Over 1,500 participants in Global Connect
- London Thamesport received the Medway Well-being Award
- Hutchison Ports Pakistan Acknowledged as the “People Developer Port - Terminal of the Year 2023” and “Corporate Social Responsibility Pursuer Port - Terminal of the Year 2023” Awards
- Hutchison Ports Busan (South Korea) receives Grand Prize at the Vehicle Booking System competition
- Hutchison Ports BEST (Spain) received commendation from the Townhall of El Prat de Llobregat in recognition of its employment programme
- Planted 10,300 trees and Interacted with 3,100 students under Go Green x Dock School campaign
Governance Achievements
- Science Based Targets initiative (SBTi) approved our near-term and net-zero targets
- Implementation of Autonomous Trucks (ATs) in Hutchison Ports Port of Felixstowe (United Kingdom), Hutchison Ports ICAVE (Mexico) and Hutchison Ports Thailand
- Developed BU level decarbonisation plans
- New Terminal Operating System
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero by 2050
Short-term Goals:
- Reduce scope 1 & 2 GHG emissions by 54.6 per cent by 2033 from a 2021 base year; reduce absolute scope 3 GHG emissions by 32.5 per cent within the same time frame
Environmental Challenges
- Regional conflicts continuing. The Red Sea crisis has already caused a major disruption to the global supply chain.
Mitigation Strategies
- Continue to strive to meet the expectations of our stakeholders to build a sustainable business.
Supply Chain Management
Supplier Audits: Annual Supplier Sustainability Self-Assessment Questionnaire (SSSAQ)
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Increased severity of extreme weather events
- Sea level rise
- Chronic heat waves
Transition Risks
- Regulatory changes
- Market shifts
Reporting Standards
Frameworks Used: TCFD, GRI, UNSDGs
Certifications: ISO 14001 (2015), ISO 45001 (2018)
UN Sustainable Development Goals
- Goal 3
- Goal 4
- Goal 5
- Goal 7
- Goal 8
- Goal 9
- Goal 10
- Goal 11
- Goal 13
- Goal 14
- Goal 15
- Goal 17
Detailed in section 2.2.2 UNSDGs Mapping.
Awards & Recognition
- Medway Well-being Award (London Thamesport)
- People Developer Port - Terminal of the Year 2023 and Corporate Social Responsibility Pursuer Port - Terminal of the Year 2023 Awards (Hutchison Ports Pakistan)
- Grand Prize at the Vehicle Booking System competition (Hutchison Ports Busan)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environmental
Climate Goals & Targets
Long-term Goals:
- Reduce carbon emissions (long-term target mentioned but not quantified)
Environmental Challenges
- Climate change risks and impacts on operations
Mitigation Strategies
- Addressing climate change risks as part of risk management, setting long-term targets to reduce carbon emissions, incorporating climate change considerations into business strategies, establishing procedures to prevent or minimize climate change damage, reducing greenhouse gas production, increasing use of energy-efficient technology, tracking and monitoring energy and emissions.
Supply Chain Management
Responsible Procurement
- Green procurement practices (reducing virgin materials, avoiding single-use items, minimizing packaging, reducing hazardous substances, adopting specifications for energy and water efficiency, and clean technology)