Company Profile

WHARF HOLDINGS

4 Real Estate - Development
Description

Founded in 1886 as the 17th company registered in Hong Kong, The Wharf (Holdings) Limited (Stock Code: 0004) is a premier company with strong connection to the history of Hong Kong. As one of the 30 constituent stocks in the original Hang Seng Index from the 1960s, Wharf is backed by a long standing mission of “Building for Tomorrow” and a proven track record in management and execution. After spinning off Wharf Real Estate Investment Company Limited as a separately-listed company (Stock Code: 1997) in 2017, the Group's businesses currently comprise Investment Properties, Hotels and Development Properties in Hong Kong and Mainland China. Other businesses include Logistics Infrastructure through Modern Terminals and Hong Kong Air Cargo Terminals. The Group's exclusive Peak Portfolio, comprising a rare collection of unique properties, continues to feature the highest bespoke quality and craftsmanship catering to the demands of a discerning clientele that does not buy in “off plans” presale. The development profile is characterised by attention to details, generous development cost, long payback period and high capital intensity. In Mainland Investment Properties, starting from a small nascent base some 20 years ago, the Group's proactive efforts are beginning to bear fruit in order to realise plans to generate a proper return over the next 20 to 30 years remaining on the majority of the underlying land leases. However, market dynamics have changed and competition has significantly stiffened. The Mainland Development Properties land bank at the end of June 2022 was 1.94 million square metres. Strict price control and other regulatory policies have depressed selling prices and increased investment risk. The Group has become more selective with new land acquisition. At the same time, the Group's land bank has been marked to market, which is however still undergoing correction. Wharf Hotels manages 16 hotels, with over 5,000 rooms and suites, in Mainland China, Hong Kong and the Philippines. Niccolo Suzhou, opened in April 2021, was the fifth addition to the luxury Niccolo Hotels brand, with the other 11 hotels under the foundation Marco Polo Hotels brand. The Group owns three of these hotels and a fourth through a 50/50 joint venture. The Group also owns and operates Modern Terminals and is a founding partner in Hong Kong Air Cargo Terminals, key components in Hong Kong's success as an international trade and transportation hub for decades. “Building for Tomorrow” also extends to Wharf's “Business-in-Community” (“BIC”) commitment. Flagship school improvement programme “Project WeCan” grows from strength to strength along with a series of BIC initiatives, with an aim of helping different segments of society in Hong Kong and the Mainland.

Reports

This company has 9 ESG reports available.

ESG Performance Overview

Select a KPI indicator to view performance trend

KPI Indicators

A1.1 Emission Types and Data
36 Data Points
Indicator Data Points Actions
SOₓ Emissions 12
NOₓ Emissions 12
Airborne Particulate Matter (PM) Emissions 12
A1.2 Direct (Scope 1) and Indirect (Scope 2) GHG Emissions
162 Data Points
Indicator Data Points Actions
Scope 3 GHG Emissions (Fuel and Energy-related Activities (Not Included in Scope 1 or Scope 2)) 1
Total GHG Emissions Intensity (By Employee) 20
Total GHG Emissions Intensity (By Area) 10
Total GHG Emissions Intensity (By Revenue) 20
Total GHG Emissions Intensity (By Container Volume) 11
Total GHG Emissions Intensity (By Unit Product) 1
Total GHG Emissions 25
Direct GHG Emissions (Scope 1) 26
Indirect Energy Emissions (Scope 2) 26
Total Other Indirect Energy Emissions (Scope 3) 20
Scope 3 GHG Emissions (Purchased Goods/Services) 1
Scope 3 GHG Emissions (Capital Goods) 1
A1.3 Hazardous Waste
23 Data Points
Indicator Data Points Actions
Hazardous Waste Recycled 5
Hazardous Waste (Solid Waste) 3
Hazardous Waste (Liquid Waste) 3
Hazardous Waste Incineration 1
Hazardous Electronic Waste 4
Hazardous Waste (Used Batteries) 2
Total Hazardous Waste 5
A1.4 Non-Hazardous Waste
132 Data Points
Indicator Data Points Actions
Non-Hazardous Waste Incineration 9
Non-Hazardous Waste Landfilling 22
Non-Hazardous Waste Recycled 20
Diversion Rate of Non-Hazardous Waste 3
Recycling Rate of Non-Hazardous Waste 5
Paper Waste 20
Plastic Waste 10
Glass Waste 19
Non-Hazardous Waste (Construction Waste) 5
Non-Hazardous Waste (Kitchen Waste) 13
Non-Hazardous Waste (Electronic Waste) 6
A1.5 Emission Targets
5 Data Points
Indicator Data Points Actions
GHG Emissions Reduction Compared to Last Year 2
CO2 Emissions Reduction Compared to Last Year 3
A1.5: Emission targets
1 Data Points
Indicator Data Points Actions
Reduction in GHG Intensity Compared to Last Year (By Unit Product) 1
A1.6 Hazardous and Non-Hazardous Waste Targets
8 Data Points
Indicator Data Points Actions
Plastic Waste Reduction Compared to Last Year 6
Hazardous Waste Intensity Reduction Percentage Compared to Last Year 2
A1.6: Hazardous and Non-Hazardous Waste Targets
6 Data Points
Indicator Data Points Actions
Plastic Waste Reduction Percentage Compared to Last Year 6

A2.1 Energy Consumption
258 Data Points
Indicator Data Points Actions
Energy Consumption Intensity (By Revenue) 20
Energy Consumption Intensity (By Employee) 20
Energy Consumption Intensity (By Area) 25
Energy Consumption Intensity (By Unit Product) 20
Total Energy Consumption 25
Gasoline Consumption 24
Diesel Fuel Consumption 24
Natural Gas Consumption 21
LPG Consumption 24
Renewable Energy Consumption 6
Solar Energy 6
Hydropower Energy 3
Purchased Electricity 24
Purchased Heating 3
Purchased Steam 13
A2.1: Energy Consumption
3 Data Points
Indicator Data Points Actions
Percentage of Renewable Energy Consumption 3
A2.2 Water Consumption
127 Data Points
Indicator Data Points Actions
Total Water Withdrawal 9
Groundwater Withdrawal 17
Total Wastewater Discharge 9
Water Consumption 13
Groundwater Consumption 5
Municipal Water Consumption 23
Recycled Water Usage 22
Recycled Water Percentage 3
Water Consumption Intensity (By Revenue) 20
Water Withdrawal Intensity 6
A2.3 Energy Use Efficiency Targets
9 Data Points
Indicator Data Points Actions
Energy Consumption Reduction Compared to Last Year 1
Electricity Usage Reduction Compared to Last Year 8
A2.4 Water Efficiency Targets
4 Data Points
Indicator Data Points Actions
Water Consumption Reduction Percentage Compared to Last Year 1
Water Consumption Reduction Compared to Last Year 3
A2.5 Total Packaging Material Used
5 Data Points
Indicator Data Points Actions
Packaging Material Consumption (Plastic) 3
Usage of Packaging Materials (Wood) 2

A3.1 Significant Impacts of Activities on the Environment and Natural Resources
1 Data Points
Indicator Data Points Actions
Total Investment in Ecological Restoration 1

B1.1 Amount and Distribution of Workforce
458 Data Points
Indicator Data Points Actions
Number of Total Employees 15
Number of Male Employees 15
Number of Female Employees 15
Percentage of Male Employees 13
Percentage of Female Employees 13
Number of Full-time Employees 15
Number of Part-time Employees 15
Number of Temporary Workers 15
Percentage of Full-time Employees 12
Percentage of Part-time Employees 12
Percentage of Temporary Workers 12
Number of Employees Aged Below 30 12
Number of Employees Aged 30-50 12
Number of Employees Aged Above 50 12
Percentage of Employees Aged Below 30 10
Percentage of Employees Aged 30-50 10
Percentage of Employees Aged Above 50 10
Number of Employees in Hong Kong 9
Number of Employees in Mainland China 9
Number of Employees in Hong Kong and Mainland China 9
Number of Employees in Overseas 1
Percentage of Employees in Hong Kong 6
Percentage of Employees in Mainland China 6
Percentage of Employees in Hong Kong and Mainland China 3
Percentage of Employees in Overseas 1
Number of Senior Management Employees 3
Number of Middle Management Employees 3
Number of General Employees 3
Percentage of Senior Management Employees 1
Percentage of Middle Management Employees 1
Percentage of General Employees 1
Number of New Employees 15
Percentage of New Employees 10
Number of New Employees (Male) 15
Number of New Employees (Female) 15
Number of New Employees (Mainland China) 12
Number of New Employees (Hong Kong) 12
Number of New Employees (Overseas) 1
Number of New Employees (Aged Below 30) 12
Number of New Employees (Aged 30-50) 12
Number of New Employees (Above 50) 10
Number of New Employees (Senior Management) 2
Number of New Employees (Middle Management) 2
Number of Full-time Employees (Male) 6
Number of Part-time Employees (Male) 4
Number of Temporary Workers (Male) 2
Number of Full-time Employees (Female) 6
Number of Part-time Employees (Female) 3
Number of Temporary Workers (Female) 2
Number of Senior Management Employees (Male) 4
Number of Middle Management Employees (Male) 4
Number of General Employees(Male) 3
Number of Senior Management Employees (Female) 4
Number of Middle Management Employees (Female) 4
Number of General Employees (Female) 4
Number of Employees in Hong Kong (Male) 5
Number of Employees in Mainland China (Male) 5
Number of Employees in Hong Kong (Female) 5
Number of Employees in Mainland China (Female) 5
B1.2 Employee Turnover Rate
118 Data Points
Indicator Data Points Actions
Turnover Rate of Female Employees 13
Turnover Rate of Male Employees 13
Turnover Rate of Employees Aged Below 30 14
Turnover Rate of Employees Aged 30-50 14
Turnover Rate of Employees Aged Above 50 12
Turnover Rate of Employees in Hong Kong 8
Turnover Rate of Employees in Mainland China 8
Turnover Rate of Employees in Hong Kong and Mainland China 5
Turnover Rate of Total Employees 9
Turnover Rate of Employees in Overseas 1
Turnover Rate of Senior Management Employees 2
Turnover Rate of Middle Management Employees 2
Turnover Rate of General Employees 2
Percentage of Employees still Employed 12 Months after Return to Work 5
Percentage of Employees still Employed 12 Months after Return to Work (Male) 5
Percentage of Employees still Employed 12 Months after Return to Work (Female) 5

B2.1 Number and Rate of Work-related Fatalities
21 Data Points
Indicator Data Points Actions
Number of Work-related Fatalities 8
Number of Fatalities as a Result of Work-related Injuries 4
Number of Work-related Fatalities (Mainland) 3
Number of Work-related Fatalities (Hong Kong) 3
Number of Fatalities of the Last 3 Years 3
B2.2 Lost Days Due to Work Injury
63 Data Points
Indicator Data Points Actions
Lost Days Due to Work-related Injuries (Hong Kong) 15
Lost Days Due to Work-related Injuries (Mainland China) 15
Lost Days Due to Work-related Injuries (Overseas) 1
Rate of Work-related Injuries 4
Lost Time Injury Frequency Rate (LTIFR/LTIR) 3
Lost Time Injury Frequency Rate (Hong Kong) 3
Lost Time Injury Frequency Rate (Mainland China) 3
Lost Days Due to Work-related Injuries 19
B2.3 Occupational Health and Safety Measures Adopted
2 Data Points
Indicator Data Points Actions
Total Hours of Safety Training for Employees 2

B3.1 The Percentage of Employees Trained
83 Data Points
Indicator Data Points Actions
Percentage of Employees Trained 10
Percentage of Trained Male Employees 10
Percentage of Trained Female Employees 10
Percentage of Trained Employees Under 30 1
Percentage of Trained Employees Aged 30-50 1
Percentage of Trained Employees Over 50 1
Percentage of Trained Mainland China Employees 10
Percentage of Trained Hong Kong Employees 10
Percentage of Trained Senior Management 10
Percentage of Trained Middle Management 10
Percentage of Trained General Employees 10
B3.2 Average Training Hours Completed per Employee
171 Data Points
Indicator Data Points Actions
Total Training Hours 5
Average Training Hours per Employee 22
Average Training Hours (Male) 22
Average Training Hours (Female) 22
Average Training Hours (Senior Management) 22
Average Training Hours (Middle Management) 22
Average Training Hours (General Staff) 22
Average Training Hours (Employees Under 30) 5
Average Training Hours (Employees Aged 30-50) 5
Average Training Hours (Employees Over 50) 5
Average Training Hours (Mainland China Employees) 8
Average Training Hours (Hong Kong Employees) 8
Average Training Hours (General Employees) 2
Training Hours of Anti-corruption 1

B5.1 Number of Suppliers by Geographical Region
12 Data Points
Indicator Data Points Actions
Number of Total Suppliers 2
Number of Suppliers in Mainland China 4
Number of Suppliers in Hong Kong 4
Number of Suppliers in Overseas 1
Proportion of Spending on Local Suppliers 1
B5.3 Supply Chain Risk Identification & Monitoring
2 Data Points
Indicator Data Points Actions
Number of Suppliers Participated in Sustainability Risk Assessment 2

B6.1 Products Recalled
8 Data Points
Indicator Data Points Actions
Percentage of Recalled Products for Safety and Health Reasons 3
Number of Recalled Products for Safety and Health Reasons 5
B6.2 Products Complaints
2 Data Points
Indicator Data Points Actions
Total Number of Customer Complaints 2
B6.5 Consumer Data Protection and Privacy Policies
7 Data Points
Indicator Data Points Actions
Number of Customer Privacy Related Complaints 4
Number of Customer Privacy Leakage Incident 3

B7.1 Confirmed Incidents of Corruption
9 Data Points
Indicator Data Points Actions
Number of Confirmed Incidents of Corruption 7
Number of Concluded Corruption Lawsuits 1
Number of Corruption Litigation 1

General
4 Data Points
Indicator Data Points Actions
Number of General Employees (Male) 1
Paper consumption reduction at DP 1
Revenue 1
Financial assistance received from government 1

ESG Reports

Year Report Title Publication Date Raw KPIs Standard KPIs Processed Actions
2024 Sustainability Report 2024 2025-04-10 1124 228 Yes
2023 Sustainability Report 2023 2024-04-10 738 243 Yes
2022 Sustainability Report 2022 2023-04-04 888 208 Yes
2021 Sustainability Report 2021 2022-05-27 850 267 Yes
2020 Sustainability Report 2020 2021-05-26 550 165 Yes
2019 Sustainability Report 2019 2020-05-15 646 209 Yes
2018 Sustainability Report 2018 2019-07-02 848 168 Yes
2017 Sustainability Report 2017 2018-06-29 841 126 Yes
2016 Corporate Social Responsibility Report 2016 2017-06-29 1247 126 Yes