- Fierce competition within slope works industry.
- Uncertainty arising from COVID-19 pandemic.
- Reduction in new contracts being awarded to the Group.
- The downturn in the economy of Hong Kong and public health issues.
- Reliance on the public sector contracts granted by the Government departments and statutory bodies.
- Competitive tendering process and making of estimates.
- Highly regulated industry – reliance on registrations, licences and/or certifications.
- Property-related services – management’s estimates.
- Mistakenly damaged underground cables at a construction site.
Geotech Holdings Ltd.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Geotech Holdings Ltd. disclosed greenhouse gas emissions of 145.20 tonnes (CO2 equivalent). By scope: Scope 2: 8.55 tonnes (CO2 equivalent). 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
145.20 tonnes (CO2 equivalent)
2022
Water Usage
1.5K m3
2022
Waste
1.9K tons
2022
Energy Use
23.1K kWh
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 8.55 tonnes (CO2 equivalent) |
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 | 145.20 tonnes (CO2 equivalent) |
| 2021 | 218.83 tonnes (CO2 equivalent) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Successfully renewed its ISO 9001:2015 and ISO 14001:2015 certifications.
- Minimised environmental risks and impacts caused by construction wastes.
- Achieved the emission reduction target set in previous years by minimising vehicle use.
- Successfully reduced overall GHG emissions in terms of the “use of vehicles”, “mobile combustion sources” and “generation of purchased electricity” as compared to last review year.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce non-hazardous waste generation per project by 2% by 2026
- Reduce GHG emission by 10% in or before 2026
🔭 Long-term
- Maintain the “zero-hazardous waste” performance.
🌱 ESG Focus Areas
Greenhouse gas emissionsOccupational health and safetyEnergy consumptionDevelopment and trainingWasteEmployment and labour practicesAnti-corruption