ANNUAL REPORT 2025 77 SUSTAINABILITY REPORT Notes: 1. Figures shown include HIT and YANTIAN as per the reporting scope. 2. For Environment Key Performance Indicators: a. kg = kilogram, kWh = kilowatt hour, GJ = gigajoule, CO2e = carbon dioxide equivalent b. The following standards and sources of emissions factors were adopted: i. The scope of GHG emissions covers four types of GHGs specified in the Kyoto Protocol: CO2, CH4, N2O and HFCs. As the Trust generates no or very insignificant amount of PFCs, SF6 and NF3, they are not included in the scope of GHG emissions ii. Scope 1 emissions: UK Government GHG Conversion Factors for Company Reporting and USEPA’s Emission Factors for Greenhouse Gas Inventories iii. Scope 2 emissions: (market-based) CLP Sustainability Report, Ministry of Ecology and Environment of the PRC’s Notice on the Announcement of Power Carbon Dioxide Emission Factor for 2023 and HKEPD’s Guidelines to Account for and Report on Greenhouse Gas Emissions and Removals for Buildings in Hong Kong (2010 Edition); (location-based) annual GHG emission factors for World countries from electricity and heat generation provided by the IEA iv. Scope 3 emissions: GHG Protocol standards and guidelines v. NOx, SOx and particulate matter emissions: National Atmospheric Emissions Inventory’s Emission Factors c. Scope 1 emissions are direct GHG emissions from sources controlled by HPH Trust, including natural gas, liquefied natural gas, petrol, diesel and liquified petroleum gas used on-site. The GHG emissions inventory of HPH Trust includes CO2, CH4, N2O and HFCs d. Scope 2 emissions are indirect GHG emissions generated from electricity purchased by HPH Trust. The majority of HPH Trust’s Scope 2 GHG emissions is a result of electricity use, and as such the Trust refers to its electricity providers for the GHG inventory coverage e. Scope 3 emissions are indirect GHG emissions that occur upstream and downstream from HPH Trust. The estimated Scope 3 emissions covered eight Scope 3 categories relevant to port terminals under operational control of the Trust, including purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting and investments f. Due to guidance from local government authorities, shore power used by berthed vessels is not considered as HPH Trust’s Scope 2 emissions g. The HIT throughput used in generating the per TEU metrics represented total handling throughput at HIT terminals instead of the allocated throughput from HKSPA presented in the rest of the Annual Report h. All waste materials are handled by licensed contractors and properly treated offsite: Materials are marked [D] = Disposed; [R] = Recycled. (Note for *: Certain waste categories are handled by licensed contractors and are required where appropriate, but total diversion from landfill is currently not possible. Due to data collection difficulties, HPH Trust is not able to provide a detailed breakdown of the generated totals for the recycled or disposed categories) i. The calculation methodology for energy consumption and related emissions was updated in 2025 to use higher heating values, in line with the relevant industry-based requirements in IFRS S2. The 2023 and 2024 figures have been restated to align with the updated approach. 3. For Our People Key Performance Indicators: a. Figures under all tables (except Board diversity) do not include the Board of Directors of the Trustee-Manager of HPH Trust b. Figures under Board diversity relate to the Board of Directors of the Trustee-Manager of HPH Trust c. Functional areas include administration, technical and production d. The percentages presented under New hires and Turnover represent the number of new hires/employee turnover in each category divided by the total employees in the respective categories e. The calculation methodology for employee categorisation by age, new hire, turnover and parental leave was updated in 2025 for more accurate reporting. The 2023 and 2024 figures have been restated to align with the updated approach. 4. For Safety and Security Key Performance Indicators: a. High-consequence work-related injury represents work-related injury arising out of or in the course of work that results in an injury from which the worker cannot, does not, or is not expected to recover fully to pre-injury health status within six months. This excludes fatalities b. Recordable work-related injury represents work-related injury arising out of or in the course of work that results in any of the following: death, days away from work, restricted work or transfer to another job, medical treatment beyond first aid, or loss of consciousness; or significant injury diagnosed by a physician or other licensed healthcare professional, even if it does not result in death, days away from work, restricted work or job transfer, medical treatment beyond first aid, or loss of consciousness c. Recordable work-related ill health represents notified case by either employee or external contractor worker, which is due to exposure to, whilst working for HPH Trust, inherent health risks including dust, chemical substances, radioactive materials, and physical or biological agents. Management regularly conducted risk assessments to identify any inherent health risks, and formulated the necessary preventive measures to protect the health and wellbeing of employees and external contractor workers d. The reporting methodology for recordable work-related injuries was updated in 2025 to include high-consequence work-related injuries for more accurate reporting. The 2023 and 2024 figures have been restated to align with the updated approach.
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