2024 Sustainability Report
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) | kg | 449.24 | 500.82 | 73 |
| Nitrogen Oxides (NOx) - Hotels | kg | 419.03 | 468.04 | 73 |
| Nitrogen Oxides (NOx) - Properties – Mainland China | kg | 20.44 | 19.87 | 73 |
| Nitrogen Oxides (NOx) - Property development – Hong Kong | kg | 0.01 | 0.01 | 73 |
| Nitrogen Oxides (NOx) - Property management – Hong Kong | kg | 9.76 | 12.9 | 73 |
| Particulate Matters (PM) | kg | 3.68 | 4.46 | 73 |
| Particulate Matters (PM) - Hotels | kg | 1 | 1.61 | 73 |
| Particulate Matters (PM) - Properties – Mainland China | kg | 1.96 | 1.9 | 73 |
| Particulate Matters (PM) - Property development – Hong Kong | kg | 0.001 | 0.0007 | 73 |
| Particulate Matters (PM) - Property management – Hong Kong | kg | 0.72 | 0.95 | 73 |
| Sulphur Oxides (SOx) | kg | 6.12 | 2.44 | 73 |
| Sulphur Oxides (SOx) - Hotels | kg | 6.06 | 2.39 | 73 |
| Sulphur Oxides (SOx) - Properties – Mainland China | kg | 0.04 | 0.04 | 73 |
| Sulphur Oxides (SOx) - Property development – Hong Kong | kg | 0.0003 | 0.0002 | 73 |
| Sulphur Oxides (SOx) - Property management – Hong Kong | kg | 0.01 | 0.01 | 73 |
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 GHG emissions (Scope 1) | tCO2e | 6084 | 6021 | 74 |
| Direct GHG emissions (Scope 1) - Hotels | tCO2e | 6074 | 6003 | 74 |
| Direct GHG emissions (Scope 1) - Properties – Mainland China | tCO2e | 8 | 7 | 74 |
| Direct GHG emissions (Scope 1) - Property development – Hong Kong | tCO2e | 0.05 | 9 | 74 |
| Direct GHG emissions (Scope 1) - Property management – Hong Kong | tCO2e | 2 | 2 | 74 |
| GHG emission intensity - Hotels | kg CO2e/equivalent guest night, kg CO2e/m² | 20.03 | 146.42 | 74 |
| GHG emission intensity - Properties – Mainland China | kg CO2e/m² | 0.92 | 0.94 | 74 |
| GHG emission intensity - Property development – Hong Kong | kg CO2e/m² | 0.1 | 0.83 | 74 |
| GHG emission intensity - Property management – Hong Kong | kg CO2e/m² | 28.47 | 28.6 | 74 |
| GHG emissions intensity reduction (Properties – Hong Kong) | percent | 29 | 21 | |
| Indirect GHG emission (Scope 2) | tCO2e | 40306 | 39527^20 | 74 |
| Indirect GHG emission (Scope 2) - Hotels | tCO2e | 34657 | 33904 | 74 |
| Indirect GHG emission (Scope 2) - Properties – Mainland China | tCO2e | 309 | 259 | 74 |
| Indirect GHG emission (Scope 2) - Property development – Hong Kong | tCO2e | 0.85 | 0.55 | 74 |
| Indirect GHG emission (Scope 2) - Property management – Hong Kong | tCO2e | 5339 | 5363 | 74 |
| Total GHG emissions | tCO2e | 46391 | 45548 | 74 |
| Total GHG emissions - Hotels | tCO2e | 40732 | 39907 | 74 |
| Total GHG emissions - Properties – Mainland China | tCO2e | 317 | 266 | 74 |
| Total GHG emissions - Property development – Hong Kong | tCO2e | 1 | 10^20 | 74 |
| Total GHG emissions - Property management – Hong Kong | tCO2e | 5341 | 5365 | 74 |
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 |
|---|---|---|---|---|
| Aluminum cans recycled | kg | 3806 | 3771 | 77 |
| Food waste and donations recycled | kg | 93223 | 193518 | 77 |
| General waste disposed - Hotels | tonnes | 6066 | 4095 | 77 |
| General waste disposed - Property development – Hong Kong | tonnes | 1 | 200 | 77 |
| General waste disposed - Property management – Hong Kong | tonnes | 6026 | 5940 | 77 |
| General waste disposed - Property – Mainland China | tonnes | 0.03 | 0.01 | 77 |
| Glass recycled | kg | 3818 | 14421 | 77 |
| Metal and iron recycled | kg | 1217 | 350 | 77 |
| Non-hazardous waste intensity - Hotels | kg/equivalent guest night | 2.98 | 1.15 | 77 |
| Non-hazardous waste intensity - Properties – Mainland China | kg/m² | 0.0001 | 0.00004 | 77 |
| Non-hazardous waste intensity - Property development – Hong Kong | kg/m² | 0.09 | 17.05 | 77 |
| Non-hazardous waste intensity - Property management – Hong Kong | kg/m² | 32.13 | 31.66 | 77 |
| Other construction material recycled | kg | 50000 | 30000 | 77 |
| Other recycled | kg | 367 | 84 | 77 |
| Paper/cardboard recycled | kg | 123234 | 151687 | 77 |
| Plastic bottles recycled | kg | 6729 | 7220 | 77 |
| Soap recycled | kg | 349 | 85 | 77 |
| Wood recycled | kg | 110 | 77 |
Description of emissions target(s) set and steps taken to achieve them.
| Indicator | Unit | 2025 | Report Pages |
|---|---|---|---|
| GHG emission reduction target for AB tower and associated buildings, commercial street and residential buildings in Tianjin Project (Mainland China) | percent reduction (using 2024 as baseline) | 2 | 23 |
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 | 2023 | 2024 | 2025 | Report Pages |
|---|---|---|---|---|---|
| Old concrete recycled | kg | 800 | 500 | 77 | |
| Used cooking oil recycled | liter | 7856 | 16004 | 77 | |
| Waste diversion rate target for residential buildings, commercial streets, AB tower and podium buildings (Mainland China) | percent | 50 | 23 | ||
| Waste recycling rate target for residential buildings, commercial streets, AB tower and podium buildings (Mainland China) | percent | 50 | 23 |
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 |
|---|---|---|---|---|
| Electricity consumption | MWh | 86113 | 87564 | 75 |
| Fuel consumption | MWh | 2708 | 155 | 75 |
| Hotels electricity consumption | MWh | 74224 | 75796 | 75 |
| Hotels energy intensity | MWh/equivalent guest night, MWh/m² | 0.39 | 0.28 | 75 |
| Hotels fuel consumption | MWh | 2676 | 82 | 75 |
| Hotels total energy consumption | MWh | 105195 | 107115 | 75 |
| Properties – Mainland China electricity consumption | MWh | 543 | 482 | 75 |
| Properties – Mainland China energy intensity | MWh/m² | 0.002 | 0.002 | 75 |
| Properties – Mainland China fuel consumption | MWh | 29 | 26 | 75 |
| Properties – Mainland China total energy consumption | MWh | 572 | 508 | 75 |
| Property development – Hong Kong electricity consumption | MWh | 1 | 1 | 75 |
| Property development – Hong Kong energy intensity | MWh/m² | 0.0001 | 0.003 | 75 |
| Property development – Hong Kong fuel consumption | MWh | 38 | 75 | |
| Property development – Hong Kong total energy consumption | MWh | 1 | 39 | 75 |
| Property management – Hong Kong electricity consumption | MWh | 11345 | 11285 | 75 |
| Property management – Hong Kong energy intensity | MWh/m² | 0.06 | 0.06 | 75 |
| Property management – Hong Kong fuel consumption | MWh | 3 | 9 | 75 |
| Property management – Hong Kong total energy consumption | MWh | 11348 | 11294 | 75 |
| Total energy consumption | MWh | 117117 | 118956 | 75 |
| Towngas consumption in Hotels | MWh | 28295 | 31237 | 75 |
Description of energy use efficiency target(s) set and steps taken to achieve them.
| Indicator | Unit | 2024 | 2025 | Report Pages |
|---|---|---|---|---|
| Energy consumption intensity reduction target in Tianjin Project (Mainland China) | percent reduction (using 2024 as baseline) | 2 | 23 | |
| Energy intensity reduction (Properties – Hong Kong) | percent | 10 | 21 |
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 | 2025 | Report Pages |
|---|---|---|---|---|
| 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 2024, there was no issue in sourcing water. | 82 | ||
| Water consumption intensity reduction target in Tianjin Project (Mainland China) | percent reduction (using 2024 as baseline) | 1 | 23 |
Description of the significant climate-related issues which have impacted, and those which may impact, the issuer, and the actions taken to manage them.
| Indicator | Unit | 2100 | Report Pages |
|---|---|---|---|
| Brown Scenario: global mean temperature rise by 2100 | °C | >3 | 26 |
| Turquoise Scenario: global mean temperature rise by 2100 | °C | 1.5–2 | 26 |
Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.
| Indicator | Unit | 2023 | 2024 | Report Pages |
|---|---|---|---|---|
| Total workforce by age group - 25 – less than 40 | number of people | 389 | 410 | 79 |
| Total workforce by age group - 40 – less than 55 | number of people | 804 | 827 | 79 |
| Total workforce by age group - 55 or above | number of people | 452 | 454 | 79 |
| Total workforce by age group - Under 25 | number of people | 76 | 74 | 79 |
| Total workforce by employment category - General staff | number of people | 1510 | 1580 | 79 |
| Total workforce by employment category - Middle management | number of people | 184 | 156 | 79 |
| Total workforce by employment category - Senior management | number of people | 27 | 29 | 79 |
| Total workforce by employment contract - Contract | number of people | 158 | 290 | 79 |
| Total workforce by employment contract - Permanent | number of people | 1560 | 1469 | 79 |
| Total workforce by employment contract - Total workforce | number of people | 1721 | 1765 | 79 |
| Total workforce by employment contract - Trainee | number of people | 3 | 6 | 79 |
| Total workforce by gender - Female | number of people | 875 | 920 | 79 |
| Total workforce by gender - Male | number of people | 846 | 845 | 79 |
| Total workforce by geographical location - Hong Kong | number of people | 1635 | 1694 | 79 |
| Total workforce by geographical location - Mainland China | number of people | 86 | 71 | 79 |
Employee turnover rate by gender, age group and geographical region.
| Indicator | Unit | 2023 | 2024 | Report Pages |
|---|---|---|---|---|
| Employee turnover rate by age group - 25 – less than 40 | % | 54 | 42 | 79 |
| Employee turnover rate by age group - 40 – less than 55 | % | 36 | 28 | 79 |
| Employee turnover rate by age group - 55 or above | % | 29 | 41 | 79 |
| Employee turnover rate by age group - Under 25 | % | 84 | 89 | 79 |
| Employee turnover rate by gender - Female | % | 36 | 30 | 79 |
| Employee turnover rate by gender - Male | % | 45 | 45 | 79 |
| Employee turnover rate by geographical location - Hong Kong | % | 42 | 38 | 79 |
| Employee turnover rate by geographical location - Mainland China | % | 10 | 23 | 79 |
| Overall turnover rate | % | 40 | 37 | 79 |
Lost days due to work injury.
| Indicator | Unit | 2023 | 2024 | Report Pages |
|---|---|---|---|---|
| Total number of lost days due to work injuries | number of days | 1282 | 1465 | 80 |
The percentage of employees trained by gender and employee category (e.g. senior management, middle management).
| Indicator | Unit | 2023 | 2024 | Report Pages |
|---|---|---|---|---|
| Percentage of employees trained by employment category - General staff | % | 78 | 81 | 80 |
| Percentage of employees trained by employment category - Middle management | % | 20 | 16 | 80 |
| Percentage of employees trained by employment category - Senior management | % | 2 | 3 | 80 |
| Percentage of employees trained by gender - Female | % | 42 | 45 | 80 |
| Percentage of employees trained by gender - Male | % | 58 | 55 | 80 |
The average training hours completed per employee by gender and employee category.
| Indicator | Unit | 2023 | 2024 | Report Pages |
|---|---|---|---|---|
| Average training hours by employee category - General staff | number of hours | 1 | 2 | 80 |
| Average training hours by employee category - Middle management | number of hours | 4 | 4 | 80 |
| Average training hours by employee category - Senior management | number of hours | 6 | 5 | 80 |
| Average training hours by gender - Female | number of hours | 1 | 2 | 80 |
| Average training hours by gender - Male | number of hours | 2 | 2 | 80 |
Number of suppliers by geographical region.
| Indicator | Unit | 2023 | 2024 | Report Pages |
|---|---|---|---|---|
| Number of suppliers by geographical region - Hong Kong | number of suppliers | 3082 | 3188 | 80 |
| Number of suppliers by geographical region - Mainland China | number of suppliers | 201 | 22 | 80 |
| Number of suppliers by geographical region - Overseas | number of suppliers | 89 | 95 | 80 |
The types of emissions and respective emissions data.
| Standard Indicator | Unit | 2023 | 2024 |
|---|---|---|---|
| Airborne Particulate Matter (PM) Emissions | kg | 3.68 | 4.46 |
| NOₓ Emissions | kg | 449.24 | 500.82 |
| SOₓ Emissions | kg | 6.12 | 2.44 |
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) | tCO2e | 6084 | 6021 |
| Indirect Energy Emissions (Scope 2) | tCO2e | 40306 | 39527 |
| Total GHG Emissions | tCO2e | 46391 | 45548 |
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 Disposed | tonnes | 12093.03 | 10235.01 |
| Non-Hazardous Waste Recycled | kg | 236883 | 400036 |
| Total Non-Hazardous Waste Intensity (By Area) | kg/m² | 0.0001 | 0.00004 |
| Total Non-Hazardous Waste Intensity (By Unit Product) | kg/equivalent guest night | 2.98 | 1.15 |
Description of emissions target(s) set and steps taken to achieve them.
| Standard Indicator | Unit | 2025 |
|---|---|---|
| Target GHG Emissions Reduction Percentage Compared to Last Year | % | 2 |
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 | 2025 |
|---|---|---|
| Target Hazardous Waste Intensity Reduction Percentage Compared to Last Year | percent | 50 |
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 |
|---|---|---|---|
| Energy Consumption Intensity (By Area) | MWh/m² | 0.39 | 0.28 |
| Purchased Electricity | MWh | 86113 | 87564 |
| Total Direct Energy Consumption | MWh | 2708 | 155 |
| Total Energy Consumption | MWh | 117117 | 118956 |
| Total Indirect Energy Consumption | MWh | 86113 | 87564 |
| Total Non-Renewable Fuel Consumption | MWh | 2708 | 155 |
Description of energy use efficiency target(s) set and steps taken to achieve them.
| Standard Indicator | Unit | 2024 | 2025 |
|---|---|---|---|
| Energy Consumption Reduction Percentage Compared to Last Year | percent | 10 | |
| Target 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 | 2025 |
|---|---|---|
| Target Water Consumption Reduction Percentage Compared to Last Year | % | 1 |
Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.
| Standard Indicator | Unit | 2023 | 2024 |
|---|---|---|---|
| Number of Contractors | number of people | 158 | 290 |
| Number of Employees Aged 30-50 | number of people | 804 | 827 |
| Number of Employees Aged Above 50 | number of people | 452 | 454 |
| Number of Employees Aged Below 30 | number of people | 465 | 484 |
| Number of Employees in Hong Kong | number of people | 1635 | 1694 |
| Number of Employees in Hong Kong and Mainland China | number of people | 1721 | 1765 |
| Number of Employees in Mainland China | number of people | 86 | 71 |
| Number of Female Employees | number of people | 875 | 920 |
| Number of General Employees | number of people | 1510 | 1580 |
| Number of Interns | number of people | 3 | 6 |
| Number of Male Employees | number of people | 846 | 845 |
| Number of Middle Management Employees | number of people | 184 | 156 |
| Number of Senior Management Employees | number of people | 27 | 29 |
| Number of Total Employees | number of people | 1721 | 1765 |
| Percentage of Employees Aged 30-50 | percent | 46.73 | 46.86 |
| Percentage of Employees Aged Above 50 | percent | 26.26 | 25.73 |
| Percentage of Employees Aged Below 30 | percent | 27.02 | 27.42 |
| Percentage of Employees in Hong Kong | percent | 95 | 96 |
| Percentage of Employees in Hong Kong and Mainland China | percent | 100 | 100 |
| Percentage of Employees in Mainland China | percent | 5 | 4.02 |
| Percentage of Female Employees | percent | 50.83 | 52.12 |
| Percentage of General Employees | percent | 87.73 | 89.56 |
| Percentage of Male Employees | percent | 49.17 | 47.88 |
| Percentage of Middle Management Employees | percent | 10.7 | 8.84 |
| Percentage of Senior Management Employees | percent | 1.57 | 1.64 |
Employee turnover rate by gender, age group and geographical region.
| Standard Indicator | Unit | 2023 | 2024 |
|---|---|---|---|
| Turnover Rate of Employees in Hong Kong | % | 42 | 38 |
| Turnover Rate of Employees in Mainland China | % | 10 | 23 |
| Turnover Rate of Female Employees | % | 36 | 30 |
| Turnover Rate of Male Employees | % | 45 | 45 |
| Turnover Rate of Total Employees | % | 40 | 37 |
Lost days due to work injury.
| Standard Indicator | Unit | 2023 | 2024 |
|---|---|---|---|
| Lost Days Due to Work-related Injuries | number of days | 1282 | 1465 |
The percentage of employees trained by gender and employee category (e.g. senior management, middle management).
| Standard Indicator | Unit | 2023 | 2024 |
|---|---|---|---|
| Percentage of Trained Female Employees | % | 42 | 45 |
| Percentage of Trained General Employees | % | 78 | 81 |
| Percentage of Trained Male Employees | % | 58 | 55 |
| Percentage of Trained Middle Management | % | 20 | 16 |
| Percentage of Trained Senior Management | % | 2 | 3 |
The average training hours completed per employee by gender and employee category.
| Standard Indicator | Unit | 2023 | 2024 |
|---|---|---|---|
| Average Training Hours (Female) | number of hours | 1 | 2 |
| Average Training Hours (General Staff) | number of hours | 1 | 2 |
| Average Training Hours (Male) | number of hours | 2 | 2 |
| Average Training Hours (Middle Management) | number of hours | 4 | 4 |
| Average Training Hours (Senior Management) | number of hours | 6 | 5 |
Number of suppliers by geographical region.
| Standard Indicator | Unit | 2023 | 2024 |
|---|---|---|---|
| Number of Suppliers in Hong Kong | number of suppliers | 3082 | 3188 |
| Number of Suppliers in Mainland China | number of suppliers | 201 | 22 |
| Number of Suppliers in Overseas | number of suppliers | 89 | 95 |
| Number of Total Suppliers | number of suppliers | 3372 | 3305 |