HK Electric Investments and HK Electric Investments Ltd 2022 Annual Report with Sustainability Disclosures
Company: HK Electric Investments and HK Electric Investments Ltd
Sector: Energy utilities
Country: Hong Kong
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 191
The report describes HK Electric's 2022 progress toward a greener power system, including commercial operation of gas-fired unit L11 and continued construction of L12 and an offshore LNG terminal. It reports an updated Scope 1 intensity target to reduce emissions 68.4% by 2035 from 2019, validated and approved by SBTi. The company also reports zero employee lost-time injuries for the year and 46,313 hours of skills development. Community initiatives included support worth HK$63 million and programmes promoting energy efficiency, low-carbon living and care for vulnerable groups.
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