- Quality and safety issues from contractors failing to meet satisfactory levels
- Climate change physical risks (flooding, typhoons, landslides)
- Climate change transition risks (regulatory changes, technological advancements, market shifts)
- Compliance with laws and regulations
Wang On Properties Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Wang On Properties Limited disclosed greenhouse gas emissions of 1.1K tCO2e (development projects) + 2431.57 tCO2e (managed properties) + 54.87 tCO2e (office). By scope: Scope 1: 17.41 tCO2e; Scope 2: 37.47 tCO2e. 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
1.1K tCO2e (development projects) + 2431.57 tCO2e (managed properties) + 54.87 tCO2e (office)
2023-04 to 2024-03
Water Usage
97.35 m3 (office) + 38,079.99 m3 (managed properties) + 15,062.00 m3 (development projects)
2023-04 to 2024-03
Waste
0.156 tons (hazardous, development projects) + 647.85 tons (non-hazardous, managed properties) + 30,631.08 tons (non-hazardous, development projects)
2023-04 to 2024-03
Energy Use
159.5K kWh (office) + 6178738.65 kWh (managed properties) + 3968194.14 kWh (development projects)
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). | 17.41 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 37.47 tCO2e |
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 | 1.1K tCO2e (development projects) + 2431.57 tCO2e (managed properties) + 54.87 tCO2e (office) |
| 2021-04 to 2022-03 | 216.4 tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 1 building obtained LEED certification, 7 buildings are certified under BEAM Plus, and 3 buildings have provisional certification
- Electricity consumption decreased by approximately 7.77% compared to FY2022/2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop Climate Resilience Design Guidelines by 2025
📅 Medium-term
- Achieve 100% BEAM Plus certification (minimum Bronze) for development project portfolio by GFA by 2027
- Set 2027 energy, carbon, water targets for property management assets with action plan
🔭 Long-term
- Net-zero carbon emissions in alignment with Hong Kong’s Climate Action Plan 2050
🌱 ESG Focus Areas
Robust GovernanceSustainable PlacesThriving People