- Climate change physical risks (extreme weather events, high temperatures) affecting Property Investment and Fund Management Business and Steels Distribution and Processing Business.
- Transition risks (decarbonization policies) impacting Steels Distribution and Processing Business and potentially Building Products Distribution Business through supply chain disruptions.
- Maintaining an acceptable employee turnover rate.
Hong Kong Shanghai Alliance Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2022-04 to 2023-03 reporting, Hong Kong Shanghai Alliance Holdings Limited disclosed greenhouse gas emissions of 565.3K kg CO2e/year. By scope: Scope 1: 82.5K kg CO2e/year; Scope 2: 458.4K kg CO2e/year; Scope 3: 24.4K kg CO2e/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
565.3K kg CO2e/year
2022-04 to 2023-03
Renewable Energy
70% (Tsing Yi Plant)
of total energy
Water Usage
2.6K m3/year
2022-04 to 2023-03
Waste
469 kg/year (non-hazardous), 1,867 tons/year (manufacturing waste)
2022-04 to 2023-03
Energy Use
966.8K kWh/year
2022-04 to 2023-03
📊 Emissions by Scope (2022-04 to 2023-03)
| 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). | 82.5K kg CO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 458.4K kg CO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 24.4K kg CO2e/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 period | Headline emissions figure reported |
|---|---|
| 2022-04 to 2023-03 | 565.3K kg CO2e/year |
| 2018-04 to 2019-03 | 778.6K kg CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced scope 2 GHG emissions with 24,628 kg CO2 equivalent emissions. Achieved 4.4% total GHG emissions reduction compared to FY2021/22.
- Set up a Solar Power System in Tsing Yi Plant, generating renewable energy to supply electricity with approximately 70% of the plant's electricity consumption.
- Obtained WELL HEALTH-SAFETY RATING FOR FACILITY OPERATION and LEED EXISTING BUILDING GOLD CERTIFICATION for investment property renovation projects.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continuous reduction of non-hazardous waste by implementing resource saving initiatives.
📅 Medium-term
- Reducing GHG emissions across three scopes by 2030 and reaching carbon neutrality by 2060.
- Achieving zero fatality, zero serious personal injury and zero confirmed case of occupational disease in health and safety.
🔭 Long-term
- Achieving carbon neutrality by 2050.
🌱 ESG Focus Areas
Environmental ProtectionCaring for EmployeesServing the CommunityCorporate Governance