- Intensified market competition and uncertainties in the costs of experienced workers and subcontracting fees.
- Low gross profit margin due to increase in wages of experienced sub-contractors, additional costs from unexpected on-site changes, and keen competition.
- Absence of wage subsidy under the 2022 Employment Support Scheme.
- Unrealised loss on trading securities.
- Provision of impairment losses under expected credit loss model.
- Climate change resulting in more frequent and severe extreme weather events.
- Evolving commitment of the Hong Kong Government to carbon reduction and increased climate-related compliance costs.
Kin Shing Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Kin Shing Holdings Limited disclosed greenhouse gas emissions of 132.57 tCO2e/year. By scope: Scope 1: 108.68 tCO2e/year; Scope 2: 15.66 tCO2e/year; Scope 3: 8.09 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
132.57 tCO2e/year
2023-04 to 2024-03
Water Usage
211.00 m3/year
2023-04 to 2024-03
Waste
5.4K tons/year
2023-04 to 2024-03
Energy Use
477.8K kWh/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| 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). | 108.68 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 15.66 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 8.09 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 period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 132.57 tCO2e/year |
| 2021-04 to 2022-03 | 219.79 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Implemented "Environmental Policy" to manage environmental impact and raise staff awareness on energy consumption, paper use, and GHG emissions.
- No material non-compliance with environmental laws and regulations during the reporting period.
- Targets to maintain total air emissions and GHG emissions intensity for 2025 to be not more than the 2024 baseline.
- Utilized precast reusable formworks made of aluminium alloy to minimize the use of traditional timber formwork.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Maintain total air emissions and GHG emissions intensity for 2025 to be not more than the 2024 baseline.
- Maintain the Group’s total energy consumption intensity for 2025 to be not more than the 2024 baseline.
- Maintain the Group’s total water consumption intensity in 2025 to be not more than the 2024 baseline.
🌱 ESG Focus Areas
Occupational Health and SafetyBuilding Safety and Quality ControlAnti-corruptionAir EmissionsGreenhouse Gas (GHG) EmissionsWaste ManagementEnergy ConsumptionClimate Change MitigationEmployment PracticesTraining and DevelopmentPrevention of Child and Forced LabourSupply Chain ManagementCommunity InvestmentWater ConsumptionCustomer Data Privacy Protection