Page 14 - HHL_CS Report_E_19

This is a SEO version of HHL_CS Report_E_19. Click here to view full version

« Previous Page Table of Contents Next Page »
Environmental
Performance
14 
Hopewell Holdings Limited
 Sustainability Report 2010/11
We have a long-standing commitment to the environment. As
stakeholders become more sophisticated and aware of environmental
issues, we are recognised for having invested in environmental
practices early on and at every stage of our developments.
We make efforts to promote sustainable development. We have
embarked on initiatives that generate greater innovation and growth
for the business and also greater benefits for the environment, such
as increasing the energy efficiency of our properties, promoting the
use of electric vehicles, providing cleaner energy and conducting
research in new wind power technologies.
Key Business Impacts
We have assessed our major environmental impacts and we are
working on reducing our impact in all aspects of our business.
Key Business
Operations
Property
Investment
and
Development
Hospitality Highway Energy
Direct
Environmental
Impact
Resources use
(electricity, paper,
water, coal)
Waste generation (solid
waste, wastewater,
general offce waste)
Noise, air and light
pollution
Natural habitat
degradation
The main risk relating to our environmental impacts is the possibility
of more stringent regulatory requirements in Hong Kong or Mainland
China. We are preparing for the Hong Kong Buildings Energy
Efficiency Ordinance in 2012, which requires mandatory building
energy audits to be conducted at least every 10 years. Hopewell
Centre has been conducting voluntary energy audits since 2008 and
we intend to have audits conducted every five years.
Heyuan Power Plant is planning to install additional equipment for
further reduction in emission of nitrogen oxides (NO
X
) to meet the
more stringent requirements to be implemented at the end of 2013
in Mainland China.
High
Medium
Low
Impact mitigation priority
Environmental Highlights for
2010/11
• The promotion of the use of electric vehicles
• Renewable energy — the development of our own large-
scale vertical-axis wind-turbine technology
• The operation of one of the cleanest coal-fired power plants
in Guangdong Province
• Energy efficiency initiatives in our properties and highways
• The Go Green Workplace Campaign in our offices
• Internal education programmes on environmental protection
Priorities
Our priorities for the future in creating a better living
environment are:
• To address climate change by reducing our carbon emissions
• To continue to promote the use of electric vehicles to
achieve cleaner air
• To build Hopewell Centre II with high consideration for the
local environment and community
Our Management Approach
Overall responsibility for environmental initiatives across the Group
lies with the Sustainability Steering Committee. Each business
division has the responsibility to set up appropriate structures
and assign job roles to oversee and report on environmental
practices. Each business unit/department has a Green Captain who
encourages colleagues to be energy efficient and to recycle. Our HH
Social Club also serves as an additional platform to raise employee
awareness on environmental issues and community needs.
For our property business, we have formed a special team to study
and implement a variety of green initiatives, including power
saving and recycling. Our environmental policy for property and
facility management highlights the importance of environmental
considerations in our management systems, compliance with
laws and regulations, pollution prevention, waste reduction,
and promotion of environmental awareness amongst staff. The
property and facility management services of all commercial
properties in the management portfolio of Hopewell Real Estate
Agency Limited, HHL’s wholly owned subsidiary, have satisfied
the requirements of the ISO14001 certification on environmental
management systems.