- Cumulative effect of energy and input cost escalations in the UK and Europe.
- Impact of tight monetary policies in the US and the resulting strong US dollar.
- Continuing soft consumer demand in Asia outside of the ASEAN countries.
- Weak performance of Health and Beauty China.
CK Hutchison Holdings Limited
Greenhouse gas emissions & sustainability report data
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.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2019 | 11.4M tCO2e/year (2017); 12672933 tCO2e/year (2018); 12421304 tCO2e/year (2019) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved a 5% year-on-year scope 1 and 2 emission reduction per TEU by the end of May 2024 in Ports division.
- Reduced diesel consumption per TEU by 6.5% year-on-year in Ports division.
- Retail division committed and purchased over 581 GWh of renewable energy through Energy Attributes Certificates in selected markets, bringing positive contribution to the Group’s emission reduction targets.
- Issued a US$2 billion bond in April 2024, with a debut US Dollar Green note issuance of US$1 billion and included eligible projects in Renewable Energy, Clean Transportation, Energy Efficiency, and Circular Economy categories under the Group’s Sustainable Finance Framework.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Ports division continues progressing decarbonisation of its operation with its near-term and net-zero targets recently validated by the Science Based Targets initiative.
- Retail division continues working towards its emission reduction target commitments to reduce scope 1 and 2 emission by 50.4% and scope 3 emission from purchased goods and services, upstream transportation and distribution, and customer usage of products by 58% per Hong Kong dollar value added.
📅 Medium-term
- Reduce scope 1 and 2 emissions by 50% by 2030 and reduce scope 3 emissions by 42% by 2030 versus a 2020 baseline in CK Hutchison Group Telecom.
🔭 Long-term
- Reduce 50% of scope 1 and 2 emissions by 2035 and pursue net-zero greenhouse gas emissions across its value chain by 2050.
🌱 ESG Focus Areas
Climate ChangeEmissions ReductionRenewable EnergyEmployee WellbeingDiversity & InclusionSustainable Finance