2024 SUSTAINABILITY REPORT

Year: 2024
Published: 2025-04-28
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2023 2024 Report Pages
Nitrogen oxides (NOx) emissions - IBO Projects tonne 2777.96 3088.55 24
Nitrogen oxides (NOx) emissions - Shenzhen Factory tonne 0.47 1.52 24
Particulate matter (PM) emissions - IBO Projects tonne 66.28 82.89 24
Particulate matter (PM) emissions - Shenzhen Factory tonne 0.02 0.04 24
Sulphur dioxide (SO2) emissions - IBO Projects tonne 92.79 122.04 24
Sulphur dioxide (SO2) emissions - Shenzhen Factory tonne 0.003 0.02 24

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 2023 2024 Report Pages
Direct (Scope 1) Emissions - IBO projects tonne CO2e 210622.37 222803.49 23
Direct (Scope 1) Emissions - Offices tonne CO2e 43.28 26.12 23
Direct (Scope 1) Emissions - Shenzhen Factory tonne CO2e 29.22 68.26 23
Direct (Scope 1) GHG emissions tonnes CO2e 222897.87 12
Energy Indirect (Scope 2) Emissions - IBO projects tonne CO2e 245.87 264.28 23
Energy Indirect (Scope 2) Emissions - Offices tonne CO2e 105.49 86.09 23
Energy Indirect (Scope 2) Emissions - Shenzhen Factory tonne CO2e 68.83 69.49 23
Energy indirect (Scope 2) GHG emissions tonnes CO2e 419.86 12
Estimated tonnes CO2e emissions avoided through diesel displacement in 2024 (Hybrid Renewable Energy Solutions, Amazonas, Brazil) tonnes CO2e 800+ 12
GHG Emissions Intensities - IBO projects tonne CO2e/kWh of electricity generated 0.00018 0.00015 23
GHG Emissions Intensities - Offices tonne CO2e/m2 of floor area 0.12 0.096 23
GHG Emissions Intensities - Shenzhen Factory tonne CO2e/HK$100000 revenue from SI business 0.15 0.23 23
GHG emissions intensity in IBO projects tonne CO2e/kWh of electricity generated 0.00015 12
GHG emissions intensity in Shenzhen Factory tonne CO2e/HK$1000000 of revenue from SI business 0.23 12
GHG emissions intensity in offices tonne CO2e/m² of floor area 0.09 12
Net GHG Emissions tonne CO2e 125852.4 172195.18 23
Net GHG emissions tonnes CO2e 172195.17 12
Other Indirect (Scope 3) Emissions - IBO projects tonne CO2e 75.58 36.79 23
Other Indirect (Scope 3) Emissions - Offices tonne CO2e 236.23 196.38 23
Other Indirect (Scope 3) Emissions - Shenzhen Factory tonne CO2e 4.92 3.03 23
Other indirect (Scope 3) GHG emissions tonnes CO2e 236.2 12
Total Gross GHG Emissions tonne CO2e 211431.75 223553.93 23
Total gross GHG emissions tonnes CO2e 223553.93 12

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2023 2024 Report Pages
Hazardous waste generated intensity - IBO Projects L/kWh of electricity generated 0.00021 0.00008 24
Hazardous waste intensity, IBO projects L/kWh of electricity generated 0.00008 13
Hazardous waste oil generated - IBO Projects L 238637 121236 24
Hazardous waste, IBO projects L 121236 13

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2023 2024 Report Pages
Non-hazardous waste generated - IBO Projects kg 69599 22549 24
Non-hazardous waste generated - Offices kg 3542 4456 24
Non-hazardous waste generated - Shenzhen Factory kg 9707 9854 24
Non-hazardous waste generated intensity - IBO Projects kg/kWh of electricity generated 0.00006 0.000016 24
Non-hazardous waste generated intensity - Offices kg/m² of floor area 1.1 1.39 24
Non-hazardous waste generated intensity - Shenzhen Factory kg/HK$'000000 revenue from SI business 14.37 16.34 24
Non-hazardous waste intensity, IBO projects kg/kWh of electricity generated 0.000016 13
Non-hazardous waste intensity, Offices kg/m² of floor area 1.39 13
Non-hazardous waste intensity, Shenzhen Factory kg/HK$'000000 of revenue from SI business 16.34 13
Non-hazardous waste, IBO projects kg 22549 13
Non-hazardous waste, Offices kg 4456 13
Non-hazardous waste, Shenzhen Factory kg 9854 13

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

Indicator Unit 2023 2024 Report Pages
GHG Emissions Offset - Myingyan I Project tonne CO2e 10183.87 23
GHG Emissions Offset - Shandong Project tonne CO2e 75395.47 51358.75 23
GHG emissions offset tonnes CO2e 51358.75 12

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 2023 2024 Report Pages
Biogas consumption - Shandong Project 41038290 27876654 24
Electricity consumption - IBO Projects kWh 991162 741445 24
Electricity consumption - Offices kWh 186440 163614 24
Electricity consumption - Shenzhen Factory kWh 156334 157818 24
Energy consumption in IBO projects GJ 10297182 12
Energy consumption in Shenzhen Factory GJ 2040 12
Energy consumption in offices GJ 942 12
Energy consumption intensity in IBO projects GJ/kWh of electricity generated 0.01 12
Energy consumption intensity in Shenzhen Factory GJ/HK$1000000 of revenue from SI business 3.38 12
Energy consumption intensity in offices GJ/m² of floor area 0.29 12
Liquid fuel consumption - IBO Projects L 96662295 118028778 24
Liquid fuel consumption - Offices L 14987 9789 24
Liquid fuel consumption - Shenzhen Factory L 13617 40869 24
Natural gas consumption - IBO Projects 166934275 138959495 24
Reduction in consumption of purchased electricity % 11 9
Total energy consumption - IBO Projects GJ 9644016 10297182 24
Total energy consumption - Offices GJ 1211 942 24
Total energy consumption - Shenzhen Factory GJ 1053 2040 24
Total energy consumption intensity - IBO Projects GJ/kWh of electricity generated 0.01 0.01 24
Total energy consumption intensity - Offices GJ/m² of floor area 0.38 0.29 24
Total energy consumption intensity - Shenzhen Factory GJ/HK$'000000 revenue from SI business 1.56 3.38 24

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2023 2024 Report Pages
Reduction in consumption of water % 24 9
Water consumption - IBO Projects 87705 65591 24
Water consumption - Offices 558 583 24
Water consumption - Shenzhen Factory 4111 3842 24
Water consumption intensity - IBO Projects m³/kWh of electricity generated 0.000075 0.000045 24
Water consumption intensity - Offices m³/m² of floor area 0.17 0.18 24
Water consumption intensity - Shenzhen Factory m³/HK$'000000 revenue from SI business 6.09 6.37 24
Water consumption intensity, Offices m³/m² of floor area 0.18 13
Water consumption intensity, Shenzhen Factory m³/HK$'000000 of revenue from SI business 6.37 13
Water consumption, IBO projects 65591 13
Water consumption, Offices 683 13
Water consumption, Shenzhen Factory 3842 13

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 2024 Report Pages
Water consumption intensity, IBO projects m³/kWh of electricity generated 0.000045 13

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

Indicator Unit 2023 2024 Report Pages
2024 Employee Profile - By Age Group - 30 year old or under 56 17
2024 Employee Profile - By Age Group - 30 year old or under (%) % 15 17
2024 Employee Profile - By Age Group - 31–40 years old 130 17
2024 Employee Profile - By Age Group - 31–40 years old (%) % 34 17
2024 Employee Profile - By Age Group - 41–50 years old 126 17
2024 Employee Profile - By Age Group - 41–50 years old (%) % 33 17
2024 Employee Profile - By Age Group - 51 year old or over 68 17
2024 Employee Profile - By Age Group - 51 year old or over (%) % 18 17
2024 Employee Profile - By Employee Category - General staff 278 17
2024 Employee Profile - By Employee Category - Manager grade or above 102 17
2024 Employee Profile - By Employment Type - Full-time 376 17
2024 Employee Profile - By Employment Type - Full-time (%) % 99 17
2024 Employee Profile - By Employment Type - Part-time 4 17
2024 Employee Profile - By Employment Type - Part-time (%) % 1 17
2024 Employee Profile - By Gender - Female 94 17
2024 Employee Profile - By Gender - Female (%) % 25 17
2024 Employee Profile - By Gender - Male 286 17
2024 Employee Profile - By Gender - Male (%) % 75 17
2024 Employee Profile - By Region - AMER 100 17
2024 Employee Profile - By Region - AMER (%) % 26 17
2024 Employee Profile - By Region - APAC 268 17
2024 Employee Profile - By Region - APAC (%) % 71 17
2024 Employee Profile - By Region - EMEA 12 17
2024 Employee Profile - By Region - EMEA (%) % 3 17
Female representation in executive roles % 24 32 9
New Employee Hire Rate Overall % 13 21 26
New Employee Hire Rate by Age Group - 31–40 % 17 17 26
New Employee Hire Rate by Age Group - 41–50 % 7 13 26
New Employee Hire Rate by Age Group - <30 % 23 73 26
New Employee Hire Rate by Age Group - >50 % 6 4 26
New Employee Hire Rate by Gender - Female % 19 34 26
New Employee Hire Rate by Gender - Male % 11 17 26
New Employee Hire Rate by Region - Hong Kong & Chinese Mainland % 19 14 26
New Employee Hire Rate by Region - Other Asian countries % 54 44 26
New Employee Hire Rate by Region - Other countries % 13 13 26
Number of Employees by Age Group 31–40 no. 141 130 25
Number of Employees by Age Group 41–50 no. 113 126 25
Number of Employees by Age Group <30 no. 45 56 25
Number of Employees by Age Group >50 no. 66 68 25
Number of Employees by Contract Permanent no. 283 313 25
Number of Employees by Contract Temporary no. 82 67 25
Number of Employees by Employment Type Full-time no. 363 376 25
Number of Employees by Employment Type Part-time no. 2 4 25
Number of Employees by Gender Female no. 86 94 25
Number of Employees by Gender Male no. 279 286 25
Number of Employees by Region Hong Kong & Chinese Mainland no. 226 231 25
Number of Employees by Region Other Asian countries no. 37 45 25
Number of Employees by Region Other countries no. 102 104 25
Number of Full-time Employees by Gender Female no. 85 92 25
Number of Full-time Employees by Gender Male no. 278 284 25
Number of Full-time Employees by Region Hong Kong & Chinese Mainland no. 224 228 25
Number of Full-time Employees by Region Other Asian countries no. 37 45 25
Number of Full-time Employees by Region Other countries no. 102 103 25
Number of Non-employee Workers by Age Group 31–40 no. 138 136 25
Number of Non-employee Workers by Age Group 41–50 no. 46 56 25
Number of Non-employee Workers by Age Group <30 no. 165 214 25
Number of Non-employee Workers by Age Group >50 no. 10 11 25
Number of Non-employee Workers by Gender Female no. 29 34 25
Number of Non-employee Workers by Gender Male no. 330 383 25
Number of Non-employee Workers by Region Hong Kong & Chinese Mainland no. 38 35 25
Number of Non-employee Workers by Region Other Asian countries no. 296 357 25
Number of Non-employee Workers by Region Other countries no. 25 25 25
Number of Part-time Employees by Gender Female no. 1 2 25
Number of Part-time Employees by Gender Male no. 1 2 25
Number of Part-time Employees by Region Hong Kong & Chinese Mainland no. 2 3 25
Number of Part-time Employees by Region Other countries no. 1 25
Number of Permanent Employees by Gender Female no. 62 68 25
Number of Permanent Employees by Gender Male no. 221 245 25
Number of Permanent Employees by Region Hong Kong & Chinese Mainland no. 151 180 25
Number of Permanent Employees by Region Other Asian countries no. 30 31 25
Number of Permanent Employees by Region Other countries no. 102 102 25
Number of Temporary Employees by Gender Female no. 24 25 25
Number of Temporary Employees by Gender Male no. 58 42 25
Number of Temporary Employees by Region Hong Kong & Chinese Mainland no. 75 51 25
Number of Temporary Employees by Region Other Asian countries no. 7 14 25
Number of Temporary Employees by Region Other countries no. 2 25
Total Number of Employees no. 365 380 25
Total Number of Non-employee Workers no. 359 417 25
Total number of employees that returned to work after maternity/paternity leave ended in the previous year that were still employed 12 months after their return to work - Female no. 3 4 26
Total number of employees that returned to work after maternity/paternity leave ended in the previous year that were still employed 12 months after their return to work - Male no. 5 4 26
Total number of employees that returned to work in the reporting period after maternity/paternity leave within the same year - Female no. 2 4 26
Total number of employees that returned to work in the reporting period after maternity/paternity leave within the same year - Male no. 5 7 26
Total number of employees that took maternity/paternity leave - Female no. 2 5 26
Total number of employees that took maternity/paternity leave - Male no. 5 7 26
Total number of employees that were entitled to maternity/paternity leave - Female no. 86 94 26
Total number of employees that were entitled to maternity/paternity leave - Male no. 279 294 26
Total working hours hours 808963 1017475 26

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

Indicator Unit 2023 2024 Report Pages
Employee Turnover Rate Overall % 22 17 25
Employee Turnover Rate by Age Group 31–40 % 21 20 25
Employee Turnover Rate by Age Group 41–50 % 17 8 25
Employee Turnover Rate by Age Group <30 % 44 33 25
Employee Turnover Rate by Age Group >50 % 13 15 25
Employee Turnover Rate by Gender Female % 34 24 25
Employee Turnover Rate by Gender Male % 19 15 25
Retention rate - Female % 100 80 26
Retention rate - Male % 63 80 26
Return to work rate - Female % 100 80 26
Return to work rate - Male % 100 100 26

Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.

Indicator Unit 2024 Report Pages
Number of work-related injuries no. 5 26
Rate of work-related injuries 0.98 26

Lost days due to work injury.

Indicator Unit 2024 Report Pages
Lost hours due to work-related injuries hours 607 26

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

Indicator Unit 2023 2024 Report Pages
Employee training rate % 100 100 26

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

Indicator Unit 2023 2024 Report Pages
Average training hours per employee hours 45.89 49.79 26
Average training hours per employee by employment category - Directors and executives hours 11 13 26
Average training hours per employee by employment category - General Staff hours 55 60 26
Average training hours per employee by employment category - Managers hours 23 25 26
Average training hours per employee by gender - Female hours 24 26 26
Average training hours per employee by gender - Male hours 53 58 26
Total training hours hours 16750 19171 26

Number of products and service related complaints received and how they are dealt with.

Indicator Unit 2024 Report Pages
Number of product- and service-related complaints received and how they are dealt with There were no product- and service-related complaints received in 2024. 31

The types of emissions and respective emissions data.

Standard Indicator Unit 2023 2024
Airborne Particulate Matter (PM) Emissions tonne 66.3 82.93
NOₓ Emissions tonne 2778.43 3090.07
SOₓ Emissions tonne 92.793 122.06

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 2023 2024
Direct GHG Emissions (Scope 1) tonne CO2e 210622.37 222897.87
Indirect Energy Emissions (Scope 2) tonne CO2e 420.19 419.86
Total GHG Emissions tonne CO2e 211431.75 223553.93
Total GHG Emissions Intensity (By Area) tonne CO2e/m² 0.12 0.09
Total GHG Emissions Intensity (By Energy) tonne CO2e/kWh 0.00018 0.00015
Total GHG Emissions Intensity (By Revenue) tonne CO2e/HK$100000 0.15 0.23
Total Other Indirect Energy Emissions (Scope 3) tonne CO2e 316.73 236.2

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2023 2024
Total Hazardous Waste L 121236
Total Hazardous Waste Intensity (By Unit Product) L/kWh of electricity generated 0.00021 0.00008

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2023 2024
Non-Hazardous Waste (Office Waste) kg 3542 4456
Total Non-Hazardous Waste Intensity (By Area) kg/m² of floor area 1.1 1.39
Total Non-Hazardous Waste Intensity (By Revenue) kg/HK$'000000 revenue from SI business 14.37 16.34
Total Non-Hazardous Waste Intensity (By Unit Product) kg/kWh of electricity generated 0.00006 0.000016

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

Standard Indicator Unit 2023 2024
GHG Emissions Reduction Compared to Last Year tonne CO2e 85579.34 51358.75

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 2023 2024
Biomass Energy 41038290 27876654
Energy Consumption Intensity (By Area) GJ/m² of floor area 0.38 0.29
Energy Consumption Intensity (By Revenue) GJ/HK$'000000 revenue from SI business 1.56 3.38
Energy Consumption Intensity (By Unit Product) GJ/kWh of electricity generated 0.01 0.01
Natural Gas Consumption 166934275 138959495
Purchased Electricity kWh 156334 163614
Total Energy Consumption GJ 1053 942
Total Non-Renewable Fuel Consumption L 13617 9789

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2023 2024
Water Consumption 92374 70016
Water Consumption in Office 558 583
Water Consumption in Production and Operation 91816 69433

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

Standard Indicator Unit 2023 2024
Number of Employees Aged 30-50 no. 254 256
Number of Employees Aged Above 50 no. 66 68
Number of Employees Aged Below 30 no. 45 56
Number of Employees in APAC no. 268
Number of Employees in Americas no. 100
Number of Employees in Asia (Excluding China) no. 37 45
Number of Employees in EMEA no. 12
Number of Employees in Hong Kong and Mainland China no. 226 231
Number of Employees in Overseas no. 102 104
Number of Female Employees no. 86 94
Number of Full-time Employees no. 363 376
Number of Full-time Employees (Female) no. 85 92
Number of Full-time Employees (Male) no. 278 284
Number of Male Employees no. 279 286
Number of Part-time Employees no. 2 4
Number of Part-time Employees (Female) no. 1 2
Number of Part-time Employees (Male) no. 1 2
Number of Temporary Workers no. 82 67
Number of Temporary Workers (Female) no. 24 25
Number of Temporary Workers (Male) no. 58 42
Number of Total Employees no. 365 380
Percentage of Employees Aged 30-50 % 70 67
Percentage of Employees Aged Above 50 % 18 18
Percentage of Employees Aged Below 30 % 12 15
Percentage of Employees in APAC % 71
Percentage of Employees in Americas % 26
Percentage of Employees in Asia (Excluding China) % 10 12
Percentage of Employees in EMEA % 3
Percentage of Employees in Hong Kong and Mainland China % 62 61
Percentage of Employees in Overseas % 28 27
Percentage of Female Employees % 24 25
Percentage of Full-time Employees % 99 99
Percentage of Male Employees % 76 75
Percentage of Part-time Employees % 1 1

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

Standard Indicator Unit 2023 2024
Turnover Rate of Employees Aged 30-50 % 21 20
Turnover Rate of Employees Aged Above 50 % 13 15
Turnover Rate of Employees Aged Below 30 % 44 33
Turnover Rate of Female Employees % 34 24
Turnover Rate of Male Employees % 19 15
Turnover Rate of Total Employees % 22 17

Lost days due to work injury.

Standard Indicator Unit 2024
Lost Days Due to Work-related Injuries hours 607

Description of occupational health and safety measures adopted, and how they are implemented and monitored.

Standard Indicator Unit
Employee coverage by health and safety management system %

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

Standard Indicator Unit 2023 2024
Percentage of Employees Trained % 100 100

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

Standard Indicator Unit 2023 2024
Average Training Hours (Director and Above) hours 11 13
Average Training Hours (Female) hours 24 26
Average Training Hours (General Staff) hours 55 60
Average Training Hours (Male) hours 53 58
Average Training Hours (Middle Management) hours 23 25
Average Training Hours per Employee hours 45.89 49.79
Total Training Hours hours 16750 19171