HUTCHISON PORT HOLDINGS TRUST 46 SUSTAINABILITY REPORT STRATEGY To enhance climate resilience in its operations and across its value chain, the Trust has incorporated climate mitigation and adaptation actions into its business strategies, financial planning and major projects. It has established relevant identification and assessment processes to prioritise key climaterelated physical and transition risks and opportunities under different future scenarios. Address climate change risks as part of the risk management process Establish appropriate procedures to prevent or minimise the damage that climate change may cause and seize the opportunities that may arise Set targets to reduce carbon emissions and monitor carbon footprint to lessen environmental impacts Incorporate climate change considerations into business strategies Track and monitor the use of energy and emissions in operations Reduce, where feasible, the production of GHG, ozone-depleting emissions and other air pollutants within the Trust’s operations Increase the use of innovative and energy-efficient technologies in operations to reduce day-to-day energy consumption HPH Trust’s Position on Managing the Direct Impacts of Climate Change The Trust has taken a proactive approach to enhance climate resilience. In 2023, it undertook a thorough climate risk assessment to identify climaterelated risks and opportunities. This assessment has formed an integral part of its ongoing process to evaluate exposure in both climate-related physical and transition risks, as well as the effectiveness of its mitigation and adaptation measures. In considering the business planning cycle and the equipment useful lives of the Trust, three time horizons have been defined to guide the analysis of climate-related impacts and opportunities: short-term (0–5 years), medium-term (5–15 years), and long-term (15–30 years).
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