HK Electric Investments - Sustainability Report 2016

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ZONE SUBSTATION
DISTRIBUTION
SUBSTATION
HONG KONG ISLAND
UNDERGROUND CABLE NETWORK
High
Voltage
275 kV,
132 kV
Medium
Voltage
22 kV,
11 kV
Low
Voltage
380 V
About this Report
In this Sustainability Report, the fourth of HKEI since it was
listed in 2014, we discuss our approach to sustainability, our
performance during the year, and our plans and targets
for the future. As well as outlining our key challenges and
strategies, we cover the initiatives undertaken to
implement our Corporate Social Responsibility Policy.
Our CEO oversees the preparation of this report as
delegated by the Board of Directors.
In preparing this report, we have followed Global
Reporting Initiative’s (GRI) Sustainability Reporting
Standards and Electric Utilities Sector Disclosures, as well
as HKEX’s Environmental, Social and Governance (ESG)
Reporting Guide. This report has been prepared in
accordance with the Core Option of the GRI Standards and
addresses a significant number of material disclosures
required under the Comprehensive Option.
This report is designed to be read in conjunction with our
other key reporting channels. Details on our policies and
routine initiatives are available on our website, while more
information about our governance practices and financial
performance are given in our Annual Report. The online
nd of
this report on our website provide cross references for
readers, and some specific information is also reported
directly in th
Issues of material interest were determined through
a process of materiality analysis. More details and the
results of this materiality assessment can be found
in the “Stakeholder Engagement” chapter and
Our data collection and analysis were based on relevant
guidelines and standards, such as ISO 14064 for our
greenhouse gas emissions and local governmental
guidelines for energy and carbon audits for our buildings.
All numerical data are presented as absolute figures,
and all financial data are in Hong Kong dollars unless
otherwise specified. Figures may not add up to the total
due to rounding.
The “suppliers” referred to in this report are those who
have a direct commercial relationship with HK Electric
including contractors. Our workforce comprises full-time
employees as well as an insignificant portion of part-time
and temporary employees. Personnel of contractors for
whom we have no direct responsibility are not included as
part of our workforce. “Shareholder” means the holder of
HKEI’s Share Stapled Units.
In line with HKEI’s commitment to transparency regarding
our sustainability impacts and willingness to manage those
impacts responsibly, we commissioned an independent
third party to verify this report’s contents and assure its
credibility. Its “Verification Statement” can be found at the
end of this report.
We welcome your comments on this report and our
sustainability performance, and encourage you to send us
your views by completing the online feedback form. The
feedback form and other information mentioned above
are available a