HKET Holdings Issues FY 2025/26 ESG Report: Energy Use Drops 7.9%, New Net-Zero Target Set for 2050

Bulletin Express
07/03

Hong Kong Economic Times Holdings Limited (HKET Holdings, 00423) has released its Environmental, Social and Governance Report for the financial year ended 31 March 2026, detailing governance upgrades, lower direct emissions and new medium-term climate targets.

Governance and Strategy • The Board retains ultimate responsibility for ESG oversight, supported by an ESG Committee led by an executive director. • Climate risk has been integrated into enterprise risk management, with assessments reviewed by the Audit Committee and the Board. • A formal materiality matrix identifies greenhouse-gas emissions, energy consumption and media ethics as top-tier issues.

Environmental Performance • Total energy consumption fell 7.90 % year on year to 9.16 million kWh; electricity accounted for the bulk of use. • Scope 1 emissions declined 26.9 % to 417.71 tCO₂e and Scope 2 emissions slipped 15.1 % to 3,818.45 tCO₂e. Inclusion of newspaper and commercial paper data lifted reported Scope 3 emissions to 23,159.82 tCO₂e, bringing total emissions to 27,395.98 tCO₂e. • Water use dropped 31.9 % to 10,137 m³, cutting intensity to 14.06 m³ per HKD million of revenue. • A rooftop solar installation at the Tai Po printing plant, operating since April 2020, now supplies about 5 % of the site’s electricity needs.

Resource and Waste Management • The ISO 14001-certified printing plant consumed 2,370.36 tonnes of newsprint and 4,224.25 tonnes of commercial paper; recycling rates were 16.22 % and 32.99 % respectively. • Hazardous waste treated totalled 1.86 tonnes, up from 1.52 tonnes, while paper waste disposed rose to 4,824.00 tonnes with the expanded reporting boundary. • A regenerative thermal oxidiser has cut volatile organic compound emissions by over 90 %.

Climate and Environmental Targets • 30 % reduction in total energy use and 30 % cut in water consumption by 2030/31 (baseline FY 2025/26). • 10 % reduction in NOx emissions and hazardous waste by 2030/31; paper recycling rate to reach 35 %. • Half of suppliers to disclose carbon footprints and all paper suppliers to hold FSC/PEFC certification by 2030/31. • Commitment to achieve net-zero greenhouse-gas emissions by 2050/51.

Operational Integrity • No incidents of non-compliance with product, privacy or intellectual-property regulations. • One customer complaint was received and resolved; target of no more than two complaints per year was met. • No corruption cases recorded; whistle-blowing mechanism remains in force.

Human Capital • Headcount stood at 1,036, with women representing 47.3 % of staff. • Overall turnover rate improved to 20.87 % from 25.92 % a year earlier. • Training reached 36.58 % of employees, delivering an average 0.43 hour per trained staff member. • One work-related injury case was reported, with no fatalities.

Community Engagement • HKET Holdings employees contributed 288 volunteer hours to the Hong Kong Future Leader Awards 2025, focused on AI integration in the workplace.

Supply Chain • The Group works with more than 1,000 suppliers—85 % located in Hong Kong—and maintains FSC or PEFC certification requirements for paper procurement.

Accolades • Hong Kong Economic Times secured “Top 10 Outstanding Media” and multiple category golds at the 10th Media Convergence Awards 2026, underscoring continued commitment to editorial integrity and quality reporting.

The full ESG Report is available on HKET Holdings’ and HKEX’s websites, with stakeholder feedback invited via groupinfo@hket.com.

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