HKT Trust and HKT Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, HKT Trust and HKT Limited disclosed greenhouse gas emissions of 162.5K tCO2e/year. By scope: Scope 1: 3.9K tCO2e/year; Scope 2: 157.6K tCO2e/year; Scope 3: 1.0K tCO2e/year. 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
162.5K tCO2e/year
2022
⚡
Renewable Energy
Around 10% (Tin Shui Wai Exchange)
of total energy
💧
Water Usage
328.7K m3/year
2022
♻️
Waste
849.77 tons/year (general waste); 217.86 tons/year (hazardous waste)
2022
⚙️
Energy Use
1.2M GJ/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.9K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.157.6K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.0K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce absolute electricity consumption by 13.2% by 2025
  • Reduce absolute Scope 1 and 2 GHG emissions by 34.0% by 2025
  • Reduce absolute general waste by 16.2% by 2025
  • Reduce water consumption intensity by 4.4% by 2025

🌱 ESG Focus Areas

Customer data privacy and protectionInformation security and managementAnti-corruptionEnergy efficiencyGHG emissionsClimate change

⚠️ Challenges & Risks +

  • Increased demand for communications and services may drive electricity and power consumption to a higher level
  • Difficulty attracting the right talent due to the competitive labour market
  • Need for effective communication and alignment on sustainability strategy across the Group and its stakeholders
  • Climate change posing physical climate risks (extreme weather events) and transition climate risks (stringent decarbonization policies)
  • Cybersecurity threats

📋 Report Information

Reporting Period: 2022
Frameworks: HKEX ESG Reporting Guide, GRI Universal Standards
Assurance: Hong Kong Quality Assurance Agency (HKQAA)