2023 Sustainability Report

Year: 2023
Published: 2024-04-28
Status: Processed

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 2024 Report Pages
Direct GHG emissions (Scope 1) tonnes CO2e 5155 6084 55
GHG emission reduction of AB tower and associated buildings, commercial street and residential buildings in Mainland China properties percent reduction (using 2023 as baseline) 2 22
Hotels Direct GHG emissions (Scope 1) tonnes CO2e 5144 6074 55
Hotels GHG emission intensity kg CO2e/equivalent guest night 16.31 20.03 55
Hotels GHG emissions tonnes CO2e 36432 40732 55
Hotels Indirect GHG emission (Scope 2) tonnes CO2e 31288 34657 55
Indirect GHG emission (Scope 2) tonnes CO2e 36211 40306 55
Properties – Mainland China Direct GHG emissions (Scope 1) tonnes CO2e 8 8 55
Properties – Mainland China GHG emission intensity kg CO2e/m2 0.09 0.92 55
Properties – Mainland China GHG emissions tonnes CO2e 30 317 55
Properties – Mainland China Indirect GHG emission (Scope 2) tonnes CO2e 22 309 55
Property development – Hong Kong Direct GHG emissions (Scope 1) tonnes CO2e 0.05 55
Property development – Hong Kong GHG emission intensity kg CO2e/m2 12.07 0.1 55
Property development – Hong Kong GHG emissions tonnes CO2e 70 1 55
Property development – Hong Kong Indirect GHG emission (Scope 2) tonnes CO2e 70 1 55
Property management – Hong Kong Direct GHG emissions (Scope 1) tonnes CO2e 3 2 55
Property management – Hong Kong GHG emission intensity kg CO2e/m2 26.6 28.47 55
Property management – Hong Kong GHG emissions tonnes CO2e 4835 5341 55
Property management – Hong Kong Indirect GHG emission (Scope 2) tonnes CO2e 4831 5339 55
Total GHG emissions tonnes CO2e 41367 46391 55

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
Aluminum cans recycled kg 3295 3806 58
Food waste and donations recycled kg 83949 93223 58
General waste disposed tonnes 7189 12093 58
Glass recycled kg 11637 3818 58
Hotels general waste disposed tonnes 2207 6066 58
Metal and iron recycled kg 3500 1217 58
Non-hazardous waste intensity – Hotels kg/equivalent guest night 0.99 2.98 58
Non-hazardous waste intensity – Properties – Mainland China kg/m² 0.07 0.0001 58
Non-hazardous waste intensity – Property development – Hong Kong kg/m² 19.74 0.09 58
Non-hazardous waste intensity – Property management – Hong Kong kg/m² 26.64 32.13 58
Other construction material recycled kg 50000 58
Other materials recycled kg 43 367 58
Paper/cardboard recycled kg 171488 123234 58
Plastic bottles recycled kg 5314 6729 58
Property development – Hong Kong general waste disposed tonnes 115 1 58
Property management – Hong Kong general waste disposed tonnes 4842 6026 58
Property – Mainland China general waste disposed tonnes 25 0.03 58
Soap recycled kg 101 349 58
Wood recycled kg 110 58

Description of emissions target(s) set and steps taken to achieve them.

Indicator Unit 2023 2030 target (2023 baseline) Report Pages
GHG emission intensity reduction, Properties – Hong Kong percent reduction compared to 2018 baseline 9 20
Scope 1 and 2 GHG emission intensity reduction (hotels) percent -20 21

Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.

Indicator Unit 2022 2023 2024 2030 target (2023 baseline) Report Pages
Old concrete recycled kg 800 58
Used cooking oil recycled litre 5192 7856 58
Waste diversion rate enhancement (hotels) at least double 21
Waste diversion rate for residential buildings, commercial streets, AB tower and podium buildings in Mainland China properties percent 50 22
Waste recycling rate for residential buildings, commercial streets, AB tower and podium buildings in Mainland China properties percent 50 22

Description of energy use efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2024 Report Pages
Energy consumption intensity reduction in Tianjin Project, Mainland China properties percent reduction (using 2023 as baseline) 2 22

Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2023 2024 2030 target (2023 baseline) Report Pages
KPI A2.4 - Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency target(s) set and steps taken to achieve them In 2023, there is no issue in sourcing water 64
Water consumption intensity reduction in Tianjin Project, Mainland China properties percent reduction (using 2023 as baseline) 1 22
Water intensity reduction (hotels) percent -10 21

Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.

Indicator Unit 2025 target Report Pages
BEAM Plus Existing Building certifications coverage (hotel properties) percent 30 21

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Indicator Unit 2022 2023 Report Pages
Contract workforce number of people 99 160 60
Female workforce number of people 817 934 60
General staff workforce number of people 1417 1577 60
Male workforce number of people 832 884 60
Middle management workforce number of people 184 207 60
Permanent workforce number of people 1549 1655 60
Senior management workforce number of people 48 34 60
Total workforce number of people 1649 1818 60
Total workforce in Hong Kong number of people 1441 1732 61
Total workforce in Mainland China number of people 86 61
Workforce age 25–less than 40 number of people 418 425 60
Workforce age 40–less than 55 number of people 769 845 60
Workforce age 55 or above number of people 412 468 60
Workforce under 25 number of people 50 80 60

Employee turnover rate by gender, age group and geographical region.

Indicator Unit 2022 2023 Report Pages
Employee turnover rate by age group - 25 to less than 40 % 55 53 61
Employee turnover rate by age group - 40 to less than 55 % 37 35 61
Employee turnover rate by age group - 55 or above % 39 28 61
Employee turnover rate by age group - Under 25 % 92 83 61
Employee turnover rate by gender - Female % 44 35 61
Employee turnover rate by gender - Male % 43 44 61
Employee turnover rate by geographical location - Hong Kong % 41 61
Employee turnover rate by geographical location - Mainland China % 10 61
Overall turnover rate % 43 40 61

Lost days due to work injury.

Indicator Unit 2022 2023 Report Pages
Total number of lost days due to work injuries number of days 1936 1289 61

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Indicator Unit 2022 2023 Report Pages
Percentage of employees trained by employment category - General staff % 81 78 62
Percentage of employees trained by employment category - Middle management % 17 20 62
Percentage of employees trained by employment category - Senior management % 2 2 62
Percentage of employees trained by gender - Female % 46 43 62
Percentage of employees trained by gender - Male % 54 57 62
Trainee workforce number of people 1 3 60

The average training hours completed per employee by gender and employee category.

Indicator Unit 2022 2023 Report Pages
Average training hours by employee category - General staff number of hours 1 1 62
Average training hours by employee category - Middle management number of hours 1 4 62
Average training hours by employee category - Senior management number of hours 0.3 5 62
Average training hours by gender - Female number of hours 1 1 62
Average training hours by gender - Male number of hours 1 2 62

Number of suppliers by geographical region.

Indicator Unit 2022 2023 Report Pages
Number of suppliers by geographical region - Hong Kong number of suppliers 2282 3082 62
Number of suppliers by geographical region - Mainland China number of suppliers 222 201 62
Number of suppliers by geographical region - Overseas number of suppliers 70 89 62

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 2024
Direct GHG Emissions (Scope 1) tonnes CO2e 5155 6084
Indirect Energy Emissions (Scope 2) tonnes CO2e 36211 40306
Total GHG Emissions tonnes CO2e 41367 46391
Total GHG Emissions Intensity (By Area) percent reduction (using 2023 as baseline) 2

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
Glass Waste kg 11637 3818
Non-Hazardous Waste Disposed tonnes 7189 12093
Non-Hazardous Waste Recycled kg 293327 192563
Paper Waste kg 171488 123234
Plastic Waste kg 5314 6729
Total Non-Hazardous Waste Intensity (By Area) kg/m² 19.74 0.0001
Total Non-Hazardous Waste Intensity (By Unit Product) kg/equivalent guest night 0.99 2.98

Description of emissions target(s) set and steps taken to achieve them.

Standard Indicator Unit 2023 2030 target (2023 baseline)
Percentage of Reduction in GHG Intensity Compared to Last Year percent 9
Target Scope 1 and 2 Emissions Reduction Percentage Compared to Last Year percent -20

Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.

Standard Indicator Unit 2024
Target Hazardous Waste Intensity Reduction Percentage Compared to Last Year relative to 2023 baseline at least double

Description of energy use efficiency target(s) set and steps taken to achieve them.

Standard Indicator Unit 2024
Energy Consumption Reduction Percentage Compared to Last Year percent 2

Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency target(s) set and steps taken to achieve them.

Standard Indicator Unit 2024 2030
Target Water Consumption Reduction Percentage Compared to Last Year percent 10
Water Consumption Reduction Percentage Compared to Last Year percent 1

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Standard Indicator Unit 2022 2023
Number of Contractors number of people 99 160
Number of Employees Aged 30-50 number of people 1187 1270
Number of Employees Aged Above 50 number of people 412 468
Number of Employees Aged Below 30 number of people 50 80
Number of Employees in Hong Kong number of people 1441 1732
Number of Employees in Hong Kong and Mainland China number of people 1441 1818
Number of Employees in Mainland China number of people 86
Number of Female Employees number of people 817 934
Number of General Employees number of people 1417 1577
Number of Male Employees number of people 832 884
Number of Middle Management Employees number of people 184 207
Number of Senior Management Employees number of people 48 34
Number of Total Employees number of people 1649 1818
Percentage of Employees Aged 30-50 percent 72 69.9
Percentage of Employees Aged Above 50 percent 25 25.7
Percentage of Employees Aged Below 30 percent 3 4.4
Percentage of Employees in Hong Kong percent 87.4 95.3
Percentage of Employees in Hong Kong and Mainland China percent 87.4 100
Percentage of Employees in Mainland China percent 4.7
Percentage of Female Employees percent 49.5 51.4
Percentage of Male Employees percent 50.5 48.6

Employee turnover rate by gender, age group and geographical region.

Standard Indicator Unit 2022 2023
Turnover Rate of Employees in Hong Kong % 41
Turnover Rate of Employees in Mainland China % 10
Turnover Rate of Female Employees % 44 35
Turnover Rate of Male Employees % 43 44
Turnover Rate of Total Employees % 43 40

Lost days due to work injury.

Standard Indicator Unit 2022 2023
Lost Days Due to Work-related Injuries number of days 1936 1289

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Standard Indicator Unit 2022 2023
Percentage of Trained Female Employees % 46 43
Percentage of Trained General Employees % 81 78
Percentage of Trained Male Employees % 54 57
Percentage of Trained Middle Management % 17 20
Percentage of Trained Senior Management % 2 2

The average training hours completed per employee by gender and employee category.

Standard Indicator Unit 2022 2023
Average Training Hours (Female) number of hours 1 1
Average Training Hours (General Staff) number of hours 1 1
Average Training Hours (Male) number of hours 1 2
Average Training Hours (Middle Management) number of hours 1 4
Average Training Hours (Senior Management) number of hours 0.3 5

Number of suppliers by geographical region.

Standard Indicator Unit 2022 2023
Number of Suppliers in Hong Kong number of suppliers 2282 3082
Number of Suppliers in Mainland China number of suppliers 222 201
Number of Suppliers in Overseas number of suppliers 70 89
Number of Total Suppliers number of suppliers 2574 3372