SOCAM Development Ltd 2024 AR2
The report highlights SOCAM Development Limited's sustainability progress and financial performance for the fiscal year 2024. Under its 'Better Tomorrow 2030' blueprint, the company reduced its carbon intensity by 11% and waste generation by 45% compared to the 2020 baseline. SOCAM achieved a record-low accident rate of 3.3 cases per 1,000 workers through the implementation of the Smart Site Safety System (4S) and artificial intelligence. The company also advanced green building practices, notably at the Kwai Chung Hospital Redevelopment, and partnered with local universities on low-carbon construction research.
Company: SOCAM Development Ltd
Sector: Construction
Country: Hong Kong
Year: 2024
Type: AR2
Pages: 222
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SOCAM Development Ltd
Annual Report
The report highlights SOCAM Development Limited's sustainability progress and financial performance for the fiscal year 2024. Under its 'Better Tomorrow 2030' blueprint, the company reduced its carbon intensity by 11% and waste generation by 45% compared to the 2020 baseline. SOCAM achieved a record-low accident rate of 3.3 cases per 1,000 workers through the implementation of the Smart Site Safety System (4S) and artificial intelligence. The company also advanced green building practices, notably at the Kwai Chung Hospital Redevelopment, and partnered with local universities on low-carbon construction research.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Employees