Tsim Sha Tsui Properties Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2021-07 to 2022-06🗂️ Report periods on file: 2021-07 to 2022-06

In its 2021-07 to 2022-06 reporting, Tsim Sha Tsui Properties Limited disclosed greenhouse gas emissions of 189.1K tCO2e/year (Scope 12 & 3 combined). By scope: Scope 1: 23.7K tCO2e/year; Scope 2: 189.1K tCO2e/year; Scope 3: 2.1K 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
189.1K tCO2e/year (Scope 12 & 3 combined)
2021-07 to 2022-06
⚡
Renewable Energy
0.21%
of total energy
💧
Water Usage
1.5M m3/year
2021-07 to 2022-06
♻️
Waste
75.3K tons/year
2021-07 to 2022-06
⚙️
Energy Use
275.3M kWh/year
2021-07 to 2022-06

📊 Emissions by Scope (2021-07 to 2022-06)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).23.7K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.189.1K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).2.1K 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 water consumption intensity by 20% from 2018 baseline by 2030
  • Purchase 60% of seafood from sustainable sources by 2025
  • Improve the wellbeing of 5,000 less-resourced families by 2025
  • 100% of approved suppliers to adhere to Sustainable Procurement Policy by 2025
  • 100% of employees to receive ESG training by 2025

📅 Medium-term

  • Reduce Scope 1 and 2 GHG emissions per square metre by 53.1% from 2018 baseline by 2030
  • Reduce electricity intensity by 30% from 2018 baseline by 2030
  • Achieve renewable energy generation of 6,000,000 kWh from the 2012 level by 2030
  • Divert 50% of commercial waste from landfill by 2030
  • Obtain BEAM Plus Gold or above certification at 100% of wholly-owned new development projects by 2030

🔭 Long-term

  • Achieve net zero carbon emissions by 2050

🌱 ESG Focus Areas

Green LivingInnovative DesignCommunity SpiritGovernance

⚠️ Challenges & Risks +

  • Extreme weather conditions
  • Stringent regulations to manage waste
  • Competitive market with increasing demand for sustainable buildings
  • Cybersecurity threats
  • Economic performance impacts stakeholder interests
  • Managing waste plastic

📋 Report Information

Reporting Period: 2021-07 to 2022-06
Frameworks: GRI Standards: Core option, HKEX ESG Reporting Guide, WEF Stakeholder Capitalism Metrics, SASB Standard for the Real Estate Sector, TCFD recommendations