Emissions Intensity Target
HPH Trust has committed to reduce overall emissions intensity by 5% between 2021 and 2026. We are pleased to report that we have achieved and exceeded the target.
To continue our effort in the sustainability front, in July 2023, HPH Trust announced its new target by reducing carbon emissions intensity by 30% between 2021 and 2030. To achieve the target, the Trust continues to implement new energy-efficiency measures while growing the business. It will also reinforce the need to monitor its environmental performance metrics.
It is pleased to announce that in 2022, HPH Trust has already achieved its emission reduction target set in 2021, which is to reduce overall emissions intensity by 5% by 2026 compared to 2021. In 2022, HPH Trust reported emission intensity of 11.790 kg CO2e per TEU, representing a decrease of 17% compared to the restated figure of 2021 of 14.176 kg CO2e per TEU. This could not be done without support from everyone at HPH Trust and various stakeholders. Key drivers contributed to emission reductions include pioneering green technologies, championing clean fuels to lower port emissions, electrification of other facilities such as forklifts and patrol vehicles, enhancing eRTGC online rate, enhancing the reefer cargo facilities, replacing conventional lighting with more efficient LED lighting system, and promoting the efficient use of electricity consumption.
The road towards decarbonisation will not stop here. In the near future, HPH Trust will explore various initiatives towards decarbonisation and emission reduction. More details, including but not limited to a net zero strategic roadmap, will be unfolded in the future.
Energy Saving and Emissions Reduction
Key Initiatives in 2022
2 Scope 2 emissions are indirect GHG emissions generated from electricity purchased by HPH Trust.
- Figures shown include HIT and YANTIAN as per the reporting scope
- Due to updated guidance and methodology from relevant agencies, some figures from 2021 and 2020 have been restated
- CO2e = carbon dioxide equivalent
The following standards were adopted:
- Hong Kong: Guidelines to Account for and Report on Greenhouse Gas Emissions and Removals for Buildings (Commercial, Residential or Institutional Purposes) in Hong Kong (2010 Edition)
- Shenzhen: (for 2022) Notice on Doing a Good Job in the Management of Corporate Greenhouse Gas Emissions Reporting in 2022 published by the General Office of the Ministry of Ecology and Environment of China on 10 March 2022; (for 2021 and 2020) Guidance for Quantification and Reporting of the Organisation’s Greenhouse Gas Emissions (SZDB/Z 69-2018) and Baseline emission factors for China’s regional power grid emission reduction projects in 2019
- 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. HPH Trust’s GHG emissions inventory includes CO2, CH4, N2O, and HFCs.
- Scope 2 emissions are indirect GHG emissions generated from electricity purchased by HPH Trust. HPH Trust’s Scope 2 GHG emissions are majority as a result of electricity use, and as such we refer to our electricity providers for the GHG inventory coverage.
Water and Waste Management
Please click here to view the Sustainability Performance Metrics on pages 81-88 of the latest annual report.