Ck Asset Holdings

CK Asset Holdings Limited (HK) has established significant climate commitments, including a long-term target to achieve net-zero greenhouse gas emissions across its value chain by 2050. This commitment is aligned with a 1.5°C pathway, as recognised by the Science Based Targets initiative (SBTi).

In terms of emissions data, for the reporting year 2024, CK Asset Holdings reported approximately 29.25 million kg CO2e for Scope 2 (market-based). For the previous year, 2023, Scope 2 (market-based) emissions were approximately 107.55 million kg CO2e. In 2022, the company reported total GHG emissions of approximately 546.48 million kg CO2e, comprising Scope 1 emissions of approximately 82.55 million kg CO2e, Scope 2 emissions of approximately 368.38 million kg CO2e, and Scope 3 emissions of approximately 95.55 million kg CO2e. Prior to this, in 2021, total emissions were approximately 496.59 million kg CO2e, with Scope 1 at roughly 72.84 million kg CO2e, Scope 2 at approximately 356.71 million kg CO2e, and Scope 3 at about 67.04 million kg CO2e. In 2020, Scope 2 emissions were approximately 276.50 million kg CO2e and Scope 3 emissions were approximately 46.97 million kg CO2e.

CK Asset Holdings has set near-term emissions reduction targets. By 2030, the company aims to reduce absolute Scope 1 and 2 GHG emissions by 46.8% from a 2019 base year. Additionally, Scope 3 emissions from capital goods and investments are targeted for a reduction of 42.0% by 2030, based on a 2021 baseline.

The company's long-term emissions reduction goal is to cut absolute Scope 1 and 2 GHG emissions by 99.6% by 2050, again from a 2019 base year. Correspondingly, Scope 3 GHG emissions are targeted for a 99.6% reduction by 2050, using a 2021 baseline. These targets are consistent with the SBTi's 1.5°C scenario.