- Challenging business environment influenced by elevated geopolitical tensions, persistent high interest rates, and financial pressures on property developers
- Declining rents and rising vacancies in Hong Kong’s commercial property market
- Full impairment loss of interests in an associate (Rosedale Beijing) of HK$136.2 million
- Decrease in the fair value of investment properties of HK$134.0 million and impairment losses of commercial property of HK$46.4 million
- Share of net losses of joint ventures of HK$78.8 million
- Material uncertainties which may cast significant doubt about the Group’s ability to continue as a going concern
ITC PROPERTIES GROUP LIMITED
Greenhouse gas emissions & sustainability report data
In its 2023-2024 reporting, ITC PROPERTIES GROUP LIMITED disclosed greenhouse gas emissions of 298.13 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
298.13 tCO2e/year
2023-2024
Water Usage
936 m3/year
2023-2024
Waste
2.66 tons/year
2023-2024
Energy Use
41.0K MWh/year
2023-2024
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-2024 | 298.13 tCO2e/year |
| 2022-2023 | 390.2 tCO2e/year |
| 2021-2022 | 1.9K tCO2e/year |
| 2020-2021 | 2.6K tCO2e/year |
| 2019-2020 | 3.9K tCO2e/year |
| 2017-2018 | 3.9K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon dioxide equivalent (CO2e) generated from direct operations to 298.13 tonnes (2023: 390.2 tonnes), with an intensity of 0.003kg CO2e per Hong Kong dollar of revenue (2023: 0.004 kg CO2e)
- Reduced paper consumption for work-related purposes to 2.66 tonnes (2023: 3.08 tonnes)
- Achieved zero work-related fatalities and zero lost days due to work injury
🎯 Climate & Sustainability Targets
🔭 Long-term
- Net-zero emissions by 2050
🌱 ESG Focus Areas
EmissionsWaste ManagementEnergy ConsumptionWater ConsumptionClimate ChangeEmployment Practices and RelationsWorkplace Health and SafetyTalent DevelopmentFair and Green Procurement PracticesCustomer ServicesData Privacy and Information SecurityAnti-bribery and Anti-corruptionCommunity Investment