Hysan Development Company Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2017

In its 2023 reporting, Hysan Development Company Limited disclosed greenhouse gas emissions of 36.6K tCO2e/year. By scope: Scope 1: 1.8K tCO2e/year; Scope 2: 34.8K tCO2e/year; Scope 3: 5.0K 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
36.6K tCO2e/year
2023
💧
Water Usage
276.8K m3/year
2023
♻️
Waste
3.2K tons/year
2023
⚙️
Energy Use
51.2K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.34.8K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).5.0K tCO2e/year

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

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202336.6K tCO2e/year
202236.6K tCO2e/year (Scope 1 & 2)
202133.5K tCO2e/year
202035.6K tCO2e
201737.1K tonnes CO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 1.8% by 2024
  • Achieve 20% reduction in carbon intensity by 2024 (Baseline: 2005)
  • Achieve 20% reduction in purchased electricity intensity by 2024 (Baseline: 2005)
  • Complete energy audit for 75% of our portfolio by 2025
  • Have one-third of the Board comprised of women directors by 2025

📅 Medium-term

  • Reduce workplace injury rate to <0.5% by 2030
  • Increase number of training hours by 30% by 2030 (Baseline: 2020)

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Climate ChangeDiversity & InclusionCommunity Investment and EngagementEnergy Efficiency ManagementGreen BuildingCorporate GovernanceEthics and IntegritySustainable Procurement and Supply Chain ManagementCybersecuritySustainable Finance

⚠️ Challenges & Risks +

  • Supply chain disruptions
  • Geopolitical tensions
  • Geoeconomic fragmentation
  • Interest rate hikes
  • Increase in extreme weather events
  • Manpower challenges in the cleaning industry
  • Achieving Scope 3 decarbonization targets

📋 Report Information

Reporting Period: 2023
Frameworks: HKEX ESG Reporting Guide, GRI Standards 2021, TCFD
Assurance: Hong Kong Quality Assurance Agency (HKQAA)