SOCAM Development Ltd 2021 SR
The report outlines SOCAM's sustainability strategy 'Better Tomorrow 2021-2030,' focusing on economic growth, environmental protection, and community well-being. Key highlights include the integration of TCFD recommendations, the adoption of Modular Integrated Construction (MiC) to improve efficiency and safety, and a 3.8% reduction in total carbon emissions. The company set mid-term targets for 2024, including a 25% reduction in carbon emissions and waste. Additionally, SOCAM achieved its lowest accident rate in recent years and invested in AI technologies for site safety.
Company: SOCAM Development Ltd
Sector: Construction
Country: Hong Kong
Year: 2021
Type: SR
Pages: 16
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SOCAM Development Ltd
ESG Report
The report outlines SOCAM's sustainability strategy 'Better Tomorrow 2021-2030,' focusing on economic growth, environmental protection, and community well-being. Key highlights include the integration of TCFD recommendations, the adoption of Modular Integrated Construction (MiC) to improve efficiency and safety, and a 3.8% reduction in total carbon emissions. The company set mid-term targets for 2024, including a 25% reduction in carbon emissions and waste. Additionally, SOCAM achieved its lowest accident rate in recent years and invested in AI technologies for site safety.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees