Group
Environment
- Tackling climate change
- Climate-related financial disclosures
- Minimising environmental footprint
- Replaced more than 800 lights at Tampines’ warehouse with smart lighting, reducing electricity consumption by 25%. In Hong Kong, an additional of 200,000 square feet of warehouse space is covered by smart lighting system
- Repurposed 50% of post-consumer waste packaging and continued applying bio-based packaging materials in Hong Kong
To play our part in decarbonising the logistics sector and assist our clients in reducing their Scope 3 emissions, we continue to explore the adoption of sustainable fuel solutions:
- Sustainable marine fuel: We have begun to trial the use of sustainable marine fuels in Spain as a pilot, offering clients a cleaner alternative to traditional marine fuels.
- Sustainable aviation fuel: In collaboration with SF Holding, we continued to roll out the use of sustainable aviation fuels, enabling clients to lower their Scope 3 emissions while maintaining operational efficiency.
Launched in partnership with our client, we implemented sustainable solutions within the logistics sector. We have begun operating the first oil barge in Hong Kong, which is equipped with solar panels to reduce its reliance on traditional energy sources.
We have introduced the electric long-haul trucks to our fleet in the Mainland of China to minimise our environmental footprint across the supply chain, each electric vehicle reduces about 92 kilograms of carbon dioxide equivalent emissions per 100 kilometres.
To align with Hong Kong's Roadmap on Sustainability Disclosure, we have begun preparations for HKEX’s new climate disclosure requirements. These requirements are closely aligned with the ISSB’s International Financial Reporting Standards (IFRS) S2 Standards.
We are currently assessing the potential and actual financial impacts of climate-related risks and opportunities and integrating these findings into our Group-wide strategy, policies, and action plans.
