Wharf Holdings Ltd 2022 AR2
The report outlines the financial and operational performance of The Wharf (Holdings) Limited for the fiscal year 2022, highlighting a 19% decrease in revenue to HK$18,064 million due to pandemic-related lockdowns and property market challenges. Despite these difficulties, the group reduced its net debt by 60% and lowered its gearing ratio to 3.4%. In terms of sustainability, the company upgraded its Hang Seng Corporate Sustainability Index rating to AA+ and established long-term environmental targets for 2030 to reduce carbon emissions, electricity intensity, water consumption, and waste. Additionally, the group continued its community commitment through flagship programs like Project WeCan, benefiting over 87,000 students.
Company: Wharf Holdings Ltd
Sector: Real Estate
Country: Hong Kong
Year: 2022
Type: AR2
Pages: 199
Wharf Holdings Ltd
Annual Report
The report outlines the financial and operational performance of The Wharf (Holdings) Limited for the fiscal year 2022, highlighting a 19% decrease in revenue to HK$18,064 million due to pandemic-related lockdowns and property market challenges. Despite these difficulties, the group reduced its net debt by 60% and lowered its gearing ratio to 3.4%. In terms of sustainability, the company upgraded its Hang Seng Corporate Sustainability Index rating to AA+ and established long-term environmental targets for 2030 to reduce carbon emissions, electricity intensity, water consumption, and waste. Additionally, the group continued its community commitment through flagship programs like Project WeCan, benefiting over 87,000 students.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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
Women on Board
Employees