HK Electric Investments and HK Electric Investments Ltd 2021 Annual Report with Sustainability Disclosures
Company: HK Electric Investments and HK Electric Investments Ltd
Sector: Energy utilities
Country: Hong Kong
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 196
The report describes HK Electric's continued transition toward lower-carbon power, including the synchronisation of the L11 gas-fired unit and roughly 50% gas-fired generation. It sets a medium-term absolute carbon-emissions reduction target of more than 50% from 2005 levels by 2035, alongside an operational carbon-neutrality target before 2050. Sustainability oversight is led by a Board-level Sustainability Committee, while employee development included 57,966 training hours during 2021.
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