2023 Environmental, Social and Governance Report
Extracted ESG KPIs
KPIs are organized by ESG aspects.
Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2022 | 2023 | Report Pages |
|---|---|---|---|---|
| 737-8 aircraft delivered to Virgin Australia featuring full load blended with 30% SAF for first leg of delivery flight from US to Australia | aircraft | 1 | 6 | |
| Business Stay in Hotel (tonnes of CO2 or equivalent) | tonnes of CO2 or equivalent | 22.27 | 31 | |
| Business Travel by Air (tonnes of CO2 or equivalent) | tonnes of CO2 or equivalent | 181.34 | 31 | |
| Business Travel by Railway (tonnes of CO2 or equivalent) | tonnes of CO2 or equivalent | 0.82 | 31 | |
| Carbon Density, Hong Kong Headquarter | tonnes of CO2 or equivalent/employee | 0.69 | 1.67 | 30 |
| Carbon Density, Ireland Office | tonnes of CO2 or equivalent/employee | 0.75 | 0.86 | 30 |
| Carbon Density, Mainland China Office | tonnes of CO2 or equivalent/employee | 2.03 | 2.49 | 30 |
| Gas Emissions Density (tonne of CO2 or equivalent/employee), Hong Kong Headquarter | tonne of CO2 or equivalent/employee | 0.69 | 1.67 | 53 |
| Gas Emissions Density (tonne of CO2 or equivalent/employee), Ireland Office | tonne of CO2 or equivalent/employee | 0.75 | 0.86 | 53 |
| Gas Emissions Density (tonne of CO2 or equivalent/employee), Mainland China Office | tonne of CO2 or equivalent/employee | 2.03 | 2.49 | 53 |
| Scope 1 Greenhouse Gas Emissions (tonnes of CO2 equivalent), Hong Kong Headquarter | tonnes of CO2 equivalent | 3.35 | 3.89 | 53 |
| Scope 1 Greenhouse Gas Emissions (tonnes of CO2 equivalent), Mainland China Office | tonnes of CO2 equivalent | 4.06 | 6.11 | 53 |
| Scope 1 greenhouse gas emissions, Hong Kong Headquarter | tonnes of CO2 or equivalent | 3.35 | 3.89 | 30 |
| Scope 1 greenhouse gas emissions, Mainland China Office | tonnes of CO2 or equivalent | 4.06 | 6.11 | 30 |
| Scope 2 Greenhouse Gas Emissions (tonnes of CO2 equivalent), Hong Kong Headquarter | tonnes of CO2 equivalent | 43.28 | 47.47 | 53 |
| Scope 2 Greenhouse Gas Emissions (tonnes of CO2 equivalent), Ireland Office | tonnes of CO2 equivalent | 14.15 | 18.21 | 53 |
| Scope 2 Greenhouse Gas Emissions (tonnes of CO2 equivalent), Mainland China Office | tonnes of CO2 equivalent | 37.4 | 46.08 | 53 |
| Scope 2 greenhouse gas emissions, Hong Kong Headquarter | tonnes of CO2 or equivalent | 43.28 | 47.47 | 30 |
| Scope 2 greenhouse gas emissions, Ireland Office | tonnes of CO2 or equivalent | 11.15 | 18.21 | 30 |
| Scope 2 greenhouse gas emissions, Mainland China Office | tonnes of CO2 or equivalent | 37.4 | 46.08 | 30 |
| Scope 3 Greenhouse Gas Emissions (tonnes of CO2 equivalent), Hong Kong Headquarter | tonnes of CO2 equivalent | 3.02 | 70.5 | 53 |
| Scope 3 Greenhouse Gas Emissions (tonnes of CO2 equivalent), Ireland Office | tonnes of CO2 equivalent | 0.02 | 1.49 | 53 |
| Scope 3 Greenhouse Gas Emissions (tonnes of CO2 equivalent), Mainland China Office | tonnes of CO2 equivalent | 88.45 | 132.44 | 53 |
| Scope 3 greenhouse gas emissions, Hong Kong Headquarter | tonnes of CO2 or equivalent | 3.02 | 70.5 | 30 |
| Scope 3 greenhouse gas emissions, Ireland Office | tonnes of CO2 or equivalent | 0.02 | 1.49 | 30 |
| Scope 3 greenhouse gas emissions, Mainland China Office | tonnes of CO2 or equivalent | 88.45 | 132.44 | 30 |
| Sum Greenhouse Gas Emissions (tonnes of CO2 equivalent), Hong Kong Headquarter | tonnes of CO2 equivalent | 49.65 | 121.86 | 53 |
| Sum Greenhouse Gas Emissions (tonnes of CO2 equivalent), Ireland Office | tonnes of CO2 equivalent | 14.17 | 19.7 | 53 |
| Sum Greenhouse Gas Emissions (tonnes of CO2 equivalent), Mainland China Office | tonnes of CO2 equivalent | 129.91 | 184.63 | 53 |
| Sum Scope 3 Greenhouse Gas Emissions (tonnes of CO2 or equivalent) | tonnes of CO2 or equivalent | 204.43 | 31 | |
| Sum greenhouse gas emissions, Hong Kong Headquarter | tonnes of CO2 or equivalent | 49.65 | 121.86 | 30 |
| Sum greenhouse gas emissions, Ireland Office | tonnes of CO2 or equivalent | 14.17 | 19.7 | 30 |
| Sum greenhouse gas emissions, Mainland China Office | tonnes of CO2 or equivalent | 129.91 | 184.63 | 30 |
Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2023 | Report Pages |
|---|---|---|---|
| Hazardous Waste - Waste Toner Cartridge (tonnes), Hong Kong Headquarter | tonnes | 0.023 | 53 |
| Hazardous Waste - Waste Toner Cartridge (tonnes), Ireland Office | tonnes | 0.003 | 53 |
| Hazardous Waste - Waste Toner Cartridge (tonnes), Mainland China Office | tonnes | 0.002 | 53 |
Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2022 | 2023 | Report Pages |
|---|---|---|---|---|
| Non-hazardous Waste (tonnes), Hong Kong Headquarter | tonnes | 1.88 | 2.06 | 53 |
| Non-hazardous Waste (tonnes), Ireland Office | tonnes | 0.16 | 1.18 | 53 |
| Non-hazardous Waste (tonnes), Mainland China Office | tonnes | 0.4 | 1.2 | 53 |
| Non-hazardous Waste Density (tonnes/employee), Hong Kong Headquarter | tonnes/employee | 0.026 | 0.028 | 53 |
| Non-hazardous Waste Density (tonnes/employee), Ireland Office | tonnes/employee | 0.009 | 0.051 | 53 |
| Non-hazardous Waste Density (tonnes/employee), Mainland China Office | tonnes/employee | 0.006 | 0.016 | 53 |
| Paper Recycles (kg), Hong Kong Headquarter | kg | N/A | 96 | 53 |
| Paper Recycles (kg), Ireland Office | kg | 66 | 300 | 53 |
| Paper Recycles (kg), Mainland China Office | kg | N/A | 215 | 53 |
| Paper recycled | kg | 66 | 611 | 35 |
Description of emissions target(s) set and steps taken to achieve them.
| Indicator | Unit | 2030 | 2040 | 2050 | Report Pages |
|---|---|---|---|---|---|
| Aviation sector projected CO2 emissions reduction (European Commission estimate) | % reduction relative to 2015 | 23–28 | 65–72 | 6 | |
| Virgin Australia carbon emission intensity reduction target for 2030 | proportion | 0.8 | 33 |
Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2022 | 2023 | Report Pages |
|---|---|---|---|---|
| A320neo aircraft using SAF delivered to China Eastern Airlines in Tianjin, PRC | aircraft | 1 | 6 | |
| Direct Electricity Consumption (MWh), Hong Kong Headquarter | MWh | 60.96 | 66.86 | 53 |
| Direct Electricity Consumption (MWh), Ireland Office | MWh | 40.7 | 55.1 | 53 |
| Direct Electricity Consumption (MWh), Mainland China Office | MWh | 64.48 | 80.8 | 53 |
| Direct Electricity Consumption Density (MWh/employee), Hong Kong Headquarter | MWh/employee | 0.85 | 0.92 | 53 |
| Direct Electricity Consumption Density (MWh/employee), Ireland Office | MWh/employee | 2.14 | 2.4 | 53 |
| Direct Electricity Consumption Density (MWh/employee), Mainland China Office | MWh/employee | 1.01 | 1.09 | 53 |
| Gasoline Consumption (L), Hong Kong Headquarter | L | 1236.34 | 1647 | 53 |
| Gasoline Consumption (L), Mainland China Office | L | 1500 | 2587 | 53 |
| Gasoline Consumption Density (L/employee), Hong Kong Headquarter | L/employee | 17.17 | 22.56 | 53 |
| Gasoline Consumption Density (L/employee), Mainland China Office | L/employee | 23.44 | 34.96 | 53 |
Water consumption in total and intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2022 | 2023 | Report Pages |
|---|---|---|---|---|
| Paper Usage (kg), Hong Kong Headquarter | kg | 629.36 | 710 | 53 |
| Paper Usage (kg), Ireland Office | kg | 71 | 216 | 53 |
| Paper Usage (kg), Mainland China Office | kg | 3117.74 | 2027.8 | 53 |
| Water Consumption (m3), Hong Kong Headquarter | m3 | 1.17 | 2.1 | 53 |
| Water Consumption (m3), Ireland Office | m3 | 0.42 | 0.98 | 53 |
| Water Consumption (m3), Mainland China Office | m3 | 1.18 | 17.63 | 53 |
| Water Consumption Density (m3/employee), Hong Kong Headquarter | m3/employee | 0.02 | 0.03 | 53 |
| Water Consumption Density (m3/employee), Ireland Office | m3/employee | 0.02 | 0.04 | 53 |
| Water Consumption Density (m3/employee), Mainland China Office | m3/employee | 0.02 | 0.24 | 53 |
Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.
| Indicator | Unit | 2023 | Report Pages |
|---|---|---|---|
| Number of employees promoted worldwide | 19 | 38 |
Employee turnover rate by gender, age group and geographical region.
| Indicator | Unit | 2023 | Report Pages |
|---|---|---|---|
| Promotion rate in Hong Kong office | 12.33% | 38 | |
| Promotion rate in Ireland office | 8.70% | 38 | |
| Promotion rate in Mainland China office | 9.46% | 38 | |
| Promotion rate in other offices (Singapore, France, Malaysia) | 6.67% | 38 | |
| Promotion rate worldwide | 10.27% | 38 |
The average training hours completed per employee by gender and employee category.
| Indicator | Unit | 2023 | Report Pages |
|---|---|---|---|
| Proportion of training hours for Chief Level Executives | 6.46% | 38 | |
| Proportion of training hours for General Staff | 51.57% | 38 | |
| Proportion of training hours for Middle Management | 29.45% | 38 | |
| Proportion of training hours for Senior Management | 12.52% | 38 | |
| Proportion of training hours for female employees | 53.19% | 38 | |
| Proportion of training hours for male employees | 46.81% | 38 | |
| Total training hours provided to employees | hours | 2143.75 | 38 |
| Training hours for Chief Level Executives | hours | 138.5 | 38 |
| Training hours for General Staff | hours | 1105.5 | 38 |
| Training hours for Middle Management | hours | 631.25 | 38 |
| Training hours for Senior Management | hours | 268.5 | 38 |
| Training hours for female employees | hours | 1140.25 | 38 |
| Training hours for male employees | hours | 1003.5 | 38 |
Number of suppliers by geographical region.
| Indicator | Unit | 2023 | Report Pages |
|---|---|---|---|
| Total aircraft on backlog as of December 31 | aircraft | 141 | 32 |
Number of products and service related complaints received and how they are dealt with.
| Indicator | Unit | 2023 | Report Pages |
|---|---|---|---|
| Income tax expenses | HK$ million | 293.6 | 55 |
Description of quality assurance process and recall procedures.
| Indicator | Unit | 2023 | Report Pages |
|---|---|---|---|
| Number of Airbus A320neo aircraft on backlog as of December 31 | aircraft | 113 | 32 |
Number of concluded legal cases regarding corrupt practices brought against the issuer or its employees during the reporting period and the outcomes of the cases.
| Indicator | Unit | 2023 | Report Pages |
|---|---|---|---|
| Other Operating Expenses | HK$ million | 341 | 55 |
Resources contributed (e.g. money or time) to the focus area.
| Indicator | Unit | 2022 | Report Pages |
|---|---|---|---|
| First low-carbon transition bond issued for purchase of new aircraft with high fuel efficiency and replacement of aged aircraft | bond issuance | 1 | 6 |
The types of emissions and respective emissions data.
| Standard Indicator | Unit |
|---|---|
| Airborne Particulate Matter (PM) Emissions | g |
| NOâ‚“ Emissions | g |
| SOâ‚“ Emissions | g |
Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2022 | 2023 |
|---|---|---|---|
| Direct GHG Emissions (Scope 1) | tonnes CO2e | 7.41 | 10 |
| Indirect Energy Emissions (Scope 2) | tonnes CO2e | 91.83 | 111.76 |
| Total GHG Emissions | tonnes CO2e | 193.73 | 326.19 |
| Total GHG Emissions Intensity (By Employee) | tonnes CO2e per employee | 2.03 | 2.49 |
| Total Other Indirect Energy Emissions (Scope 3) | tonnes CO2e | 91.49 | 204.43 |
Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2023 |
|---|---|---|
| Total Hazardous Waste | tonnes | 0.028 |
Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2022 | 2023 |
|---|---|---|---|
| Non-Hazardous Waste (Office Waste) | tonnes | 2.44 | 4.44 |
| Paper Waste | tonnes | 0.066 | 0.611 |
| Total Non-Hazardous Waste Intensity (By Employee) | tonnes/employee | 0.041 | 0.095 |
Description of emissions target(s) set and steps taken to achieve them.
| Standard Indicator | Unit | 2030 | 2040 | 2050 |
|---|---|---|---|---|
| CO2 Emissions Reduction Percentage Compared to Last Year | percent | |||
| Percentage of Reduction in GHG Intensity Compared to Last Year | percent | |||
| Target GHG Emissions Reduction Percentage by 2040 Compared to 2008 | percent | 23 | ||
| Target GHG Emissions Reduction Percentage by 2050 Compared to 2015 | percent | 72 | ||
| Target Reduction in GHG Intensity Percentage by 2030 Compared to 2020 | percent | 20 |
Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2022 | 2023 |
|---|---|---|---|
| Gasoline Consumption | L | 1500 | 2587 |
| Gasoline Consumption Intensity (By Employee) | L/employee | 17.17 | 22.56 |
| Purchased Electricity | MWh | 166.14 | 202.76 |
| Purchased Electricity Intensity (By Employee) | MWh/employee | 0.85 | 0.92 |
Water consumption in total and intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2022 | 2023 |
|---|---|---|---|
| Water Consumption | m3 | 2.77 | 20.71 |
| Water Consumption in Office | m3 | 2.77 | 20.71 |
Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.
| Standard Indicator | Unit | 2023 |
|---|---|---|
| Number of Employees Aged 30-50 | persons | 120 |
| Number of Employees Aged Above 50 | persons | 21 |
| Number of Employees Aged Below 30 | persons | 17 |
| Number of Employees in Asia | persons | 162 |
| Number of Employees in Europe | persons | 23 |
| Number of Employees in Hong Kong | persons | 73 |
| Number of Employees in Mainland China | persons | 74 |
| Number of Employees in Singapore | persons | 9 |
| Number of Female Employees | persons | 93 |
| Number of Full-time Employees | persons | 183 |
| Number of General Employees | persons | 66 |
| Number of Male Employees | persons | 92 |
| Number of Middle Management Employees | persons | 91 |
| Number of New Employees | persons | 37 |
| Number of Part-time Employees | persons | 2 |
| Number of Senior Management Employees | persons | 17 |
| Number of Total Employees | persons | 185 |
| Percentage of Employees Aged 30-50 | % | 64.86 |
| Percentage of Employees Aged Above 50 | % | 11.35 |
| Percentage of Employees Aged Below 30 | % | 9.19 |
| Percentage of Female Employees | % | 50.27 |
| Percentage of Full-time Employees | % | 98.92 |
| Percentage of Male Employees | % | 49.73 |
| Percentage of Part-time Employees | % | 1.08 |
Employee turnover rate by gender, age group and geographical region.
| Standard Indicator | Unit | 2023 |
|---|---|---|
| Turnover Rate of Employees Aged 30-50 | % | 10.96 |
| Turnover Rate of Employees Aged Above 50 | % | 1.37 |
| Turnover Rate of Employees Aged Below 30 | % | 8.22 |
| Turnover Rate of Employees in Hong Kong | % | 23.29 |
| Turnover Rate of Employees in Mainland China | % | 7.89 |
| Turnover Rate of Employees in Singapore | % | 11.11 |
| Turnover Rate of Female Employees | % | 10.96 |
| Turnover Rate of Male Employees | % | 12.33 |
| Turnover Rate of Total Employees | % | 12.97 |
The percentage of employees trained by gender and employee category (e.g. senior management, middle management).
| Standard Indicator | Unit |
|---|---|
| Percentage of Trained Executive Employees | % |
| Percentage of Trained Female Employees | % |
| Percentage of Trained General Employees | % |
| Percentage of Trained Hong Kong Employees | % |
| Percentage of Trained Mainland China Employees | % |
| Percentage of Trained Male Employees | % |
| Percentage of Trained Middle Management | % |
| Percentage of Trained Senior Management | % |
The average training hours completed per employee by gender and employee category.
| Standard Indicator | Unit | 2023 |
|---|---|---|
| Total Training Hours | hours | 2143.75 |
Number of suppliers by geographical region.
| Standard Indicator | Unit | 2023 |
|---|---|---|
| Number of Suppliers in Asia (Excluding China) | 20 | |
| Number of Suppliers in Mainland China | 1 | |
| Number of Suppliers in Overseas | 45 | |
| Number of Total Suppliers | 66 |
Resources contributed (e.g. money or time) to the focus area.
| Standard Indicator | Unit | 2022 |
|---|---|---|
| Number of Participations in Volunteer Activities | person-times | 215 |
| Number of Volunteer Activities Sessions | sessions | 11 |
| Total Volunteer Service Hours | hours | 2890 |