- Higher maintenance costs and loss of revenue due to operations disruptions by extreme weather
- Increase in operating costs due to stricter global and local policies and regulations
- Reputational damage and negative financial consequences under cyber-attacks and data breaches
- Reputational damage and negative financial consequences under integrity breaches and money laundering
- Reputational damage and negative financial consequences as a result of environmental non-compliance
- Occurrence of work-related injuries or fatalities due to poor health and safety management
- Supply chain disruptions due to social or environmental factors
Sun Hung Kai Properties Limited (SHKP)
Greenhouse gas emissions & sustainability report data
In its 2023-07 to 2024-06 reporting, Sun Hung Kai Properties Limited (SHKP) disclosed greenhouse gas emissions of 2.1M tonnes CO2e. By scope: Scope 1: 43.8K tonnes CO2e; Scope 2: 205.9K tonnes CO2e; Scope 3: 1.8M 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
2.1M tonnes CO2e
2023-07 to 2024-06
Water Usage
3.2M m3
2023-07 to 2024-06
Waste
213.5K tonnes
2023-07 to 2024-06
Energy Use
2.5M GJ
2023-07 to 2024-06
📊 Emissions by Scope (2023-07 to 2024-06)
| 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). | 43.8K tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 205.9K tonnes CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.8M 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 |
|---|---|
| 2023-07 to 2024-06 | 2.1M tonnes CO2e |
| 2022-07 to 2023-06 | 266.7K tonnes CO2e (2022/23) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Earned 150 green-building-related certifications for 123 projects in Hong Kong
- Installed 16,500+ solar panels at 62 managed buildings and 2 construction sites
- Developed and disclosed the first scope 3 emissions inventory
- Installed 1,100+ EV charging facilities at sites run by property management subsidiaries
- Achieved FY2029/30 greenhouse gas emissions target
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce scope 1 and 2 GHG emissions intensity of EOC-monitored buildings by 35% by FY2029/30
📅 Medium-term
- Achieve 87% of managed properties certified with ISO 14001 or ISO 50001 by end of FY2025/26
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
EnvironmentPeopleCustomersSupply ChainCommunity