Hongkong Land Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2018, 2017

By scope: Scope 1: <1%; Scope 2: 9%; Scope 3: 91%. 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.

📊 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%
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.9%
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).91%

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
2018152.7K tCO2e

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 electricity intensity by 24.6% by 2030 from a 2019 baseline
  • Improve commercial and construction waste diversion rates to 50% and 60%, by weight, respectively

📅 Medium-term

  • Achieve 50% of electricity consumption from renewables
  • 90% of leasing portfolio to achieve the second highest or above ratings for green building certification
  • 100% of wholly-owned leasing portfolio to achieve the highest ratings for green building certification

🔭 Long-term

  • Align with science-based targets: Absolute Scope 1 and 2 GHG emissions – Down 46.2% by 2030 from 2019 and Scope 3 GHG emissions – Down 22% in carbon intensity

🌱 ESG Focus Areas

Climate and Economic ResilienceInspirational ConnectionsOperational ExcellenceVibrant Communities & Cities

⚠️ Challenges & Risks +

  • Supply chain disruptions due to global geopolitical tensions
  • Greenwashing risks
  • Environmental and Occupational Health and Safety risks
  • Cybersecurity risks
  • Human rights-related risks

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, TCFD
Assurance: Hong Kong Quality Assurance Agency (HKQAA)