Hong Kong Ferry (Holdings) Company Limited Sustainability Profile

In 2024, Hong Kong Ferry (Holdings) Company Limited reported total carbon emissions of approximately 5,528,780 kg CO2e. This figure includes 4,714,600 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 776,390 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. Additionally, the company recorded 37,790 kg CO2e in Scope 3 emissions, which encompass all other indirect emissions not included in Scope 2. In 2023, the company’s total emissions were about 5,366,880 kg CO2e, with Scope 1 emissions at 4,590,430 kg CO2e and Scope 2 emissions at 776,450 kg CO2e. Notably, there is no reported data for Scope 3 emissions for that year. Despite these emissions figures, Hong Kong Ferry (Holdings) Company Limited has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s climate strategy appears to be in the early stages, with no significant pledges or initiatives currently in place to address its carbon footprint. Overall, while the company has made strides in emissions reporting, further commitments and reduction strategies will be essential for aligning with industry standards and addressing climate change effectively.