- Shortage of skilled labor and inflationary pressures driving up project expenses and reducing profit margins.
- Highly competitive construction market in Hong Kong, rising competition from competitors affecting tender prices and contract award prices.
- Project-based business with non-recurrent contracts awarded by a few customers, decrease in projects with major customers would adversely affect the Group’s business.
- Reliance on third-party subcontractors, Group may bear responsibilities for any non-performance, delayed performance, sub-standard performance or non-compliance of subcontractors.
- Actual time and costs incurred may deviate from estimates due to unexpected circumstances.
Vicon Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Vicon Holdings Limited disclosed greenhouse gas emissions of 71.42 tonnes CO2e. By scope: Scope 1: 41.12 tonnes CO2e; Scope 2: 30.30 tonnes CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
71.42 tonnes CO2e
2023-04 to 2024-03
Water Usage
10.8K m3
2023-04 to 2024-03
Waste
127.0K tonnes (approx.)
2023-04 to 2024-03
Energy Use
198.32 kWh
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 41.12 tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 30.30 tonnes CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 71.42 tonnes CO2e |
| 2022-04 to 2023-03 | 79.14 tonnes CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced overall GHG emissions in terms of the “use of vehicles”, “mobile combustion sources” and “generation of purchased electricity” compared to the previous year.
- Minimized environmental risks and impacts caused by construction wastes disposed from its operation. No non-compliance issues in relation to environmental laws and regulations in Hong Kong regarding air and greenhouse gas emissions, discharges into water and land and generation of hazardous and non-hazardous waste.
🌱 ESG Focus Areas
Environmental complianceVehicle emissions managementGreenhouse gas emissionsWaste managementUse of energyUse of water resourcesGreen officeResponses to climate changeEmployment complianceRemuneration and benefitsWorking hours and holidaysDiversity and equal opportunitiesOccupational health and safetyTraining and developmentOperational complianceManagement of environmental risks in the supply chainManagement of social risks in the supply chainPurchasing practicesQuality managementCustomer health and safetyProtection of intellectual propertyResearch and developmentInformation securityCustomer privacy protectionAnti-corruptionCharity workPromotion of community developmentPoverty alleviation work