Summit Ascent Holdings Ltd 2020 AR2
The report outlines Summit Ascent Holdings Limited's financial and ESG performance for the fiscal year 2020, a year heavily impacted by the COVID-19 pandemic which led to temporary business suspensions at its Tigre de Cristal resort. Despite these challenges, the company successfully raised HK$1,618.4 million through a rights issue to fund future developments, including Phase II of Tigre de Cristal and investments in the Philippines. On the sustainability front, the Group achieved a 15.8% reduction in carbon emissions, maintained zero work-related fatalities, and prioritized local procurement with 83% of purchases from local suppliers. Additionally, the company implemented rigorous anti-epidemic and social distancing measures to safeguard employees and guests.
Company: Summit Ascent Holdings Ltd
Sector: Hospitality & food services
Country: Hong Kong
Year: 2020
Type: AR2
Pages: 155
Back to company
Summit Ascent Holdings Ltd
Annual Report
The report outlines Summit Ascent Holdings Limited's financial and ESG performance for the fiscal year 2020, a year heavily impacted by the COVID-19 pandemic which led to temporary business suspensions at its Tigre de Cristal resort. Despite these challenges, the company successfully raised HK$1,618.4 million through a rights issue to fund future developments, including Phase II of Tigre de Cristal and investments in the Philippines. On the sustainability front, the Group achieved a 15.8% reduction in carbon emissions, maintained zero work-related fatalities, and prioritized local procurement with 83% of purchases from local suppliers. Additionally, the company implemented rigorous anti-epidemic and social distancing measures to safeguard employees and guests.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Workplace Fatalities
Employees