SOCAM Development Ltd 2025 AR2
The report highlights SOCAM Development Limited's sustainability progress and financial performance for the fiscal year 2025. The company achieved a record-low accident rate of 3 cases per thousand workers, significantly below the Hong Kong industry average, supported by the deployment of its Smart Site Safety System (4S). SOCAM completed its first public housing project fully adopting Modular Integrated Construction (MiC) at Anderson Road, enhancing efficiency and reducing waste. Additionally, the company achieved a 36.4% year-on-year improvement in greenhouse gas emissions intensity, driven by Scope 3 reductions and low-carbon construction methods. SOCAM also committed to a new target of a 20% reduction in carbon, energy, water, and waste intensity by 2030 compared to 2024.
Company: SOCAM Development Ltd
Sector: Construction
Country: Hong Kong
Year: 2025
Type: AR2
Pages: 208
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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 2025. The company achieved a record-low accident rate of 3 cases per thousand workers, significantly below the Hong Kong industry average, supported by the deployment of its Smart Site Safety System (4S). SOCAM completed its first public housing project fully adopting Modular Integrated Construction (MiC) at Anderson Road, enhancing efficiency and reducing waste. Additionally, the company achieved a 36.4% year-on-year improvement in greenhouse gas emissions intensity, driven by Scope 3 reductions and low-carbon construction methods. SOCAM also committed to a new target of a 20% reduction in carbon, energy, water, and waste intensity by 2030 compared to 2024.
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Document Details
Report Year
2025
Reporting Period
Jan 1, 2025 - Dec 31, 2025
Fiscal Year
2025
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
Workplace Fatalities
Employees