Analogue Holdings Unveils 2025 ESG Report: 44.2% Cut in Scope 1&2 Emissions, Record Safety and Training Metrics

Bulletin Express
04/21

Analogue Holdings released its 2025 Environmental, Social and Governance (ESG) Report, outlining tangible progress against its four-pillar sustainability strategy—Decarbonising Operations, Driving Smart City Development, Co-creating a Sustainable Value Chain and Championing People.

Performance Highlights • Emissions: Scope 1 and 2 greenhouse-gas emissions dropped 44.20% versus the 2021 baseline, well ahead of the company’s 30% reduction target set for 2030. • Transport Transition: Alternative-fuel vehicles now represent 29.00% of the corporate fleet; full conversion is targeted by 2030. • Energy Use: Total consumption reached 5.44 GWh; intensity fell 25.0% from the 2021 baseline despite a 7.6% rise in absolute usage due to operational expansion. • Waste Management: Hazardous-waste generation totalled 27.70 tonnes, while non-hazardous waste dropped sharply to 124.30 tonnes after extensive recycling and composting initiatives. • Water: Consumption stood at 13,337 m³, with efficiency measures including Grade 1 water-efficient fittings and condensate reuse. • Safety: Industrial-accident rate was 2.2 per 1,000 employees and subcontractors, remaining below Hong Kong’s construction-industry average; one subcontractor fatality was recorded. • Human Capital: Each employee averaged 15.4 training hours; women accounted for 16.7% of the workforce and minorities grew more than 30% year on year. • Community Engagement: 1,700+ volunteer hours delivered (+30% vs 2023) and HK$0.28 million donated.

Strategic Milestones • ATAL Tower, the new Hong Kong headquarters, secured BEAM Plus New Buildings V2.0 Platinum rating, confirmed over 5,200 kg CO₂-e removals via onsite microalgae reactors and generated 10,000 kWh of solar power. • AlgoSeries—Digital Twin and AI solutions for water treatment, tunnels and data-centre operations—launched to support clients’ decarbonisation and smart-city goals. • Over 50% of building-services projects now adopt BIM and DfMA-MiMEP construction technologies; target is 60% by 2030. • Attained Capability Maturity Model Integration (CMMI) Level 3 for software development and ISO 27001 information-security certification. • Established the NJU-ATAL Smart Environmental Technology Research Institute with Nanjing University to accelerate R&D in precision environmental control.

Forward Targets (2030 unless stated) • Switch 100% of vehicle fleet to alternative fuels. • Cut energy consumption 30% from 2021 baseline. • Maintain customer-satisfaction ratings at “good” or above. • Achieve average ≥15 training hours per employee annually and keep industrial-accident rate at ≤2 per 1,000 workers. • Increase female intake on HKIE Scheme “A” Graduate Training programme to 20% by 2026.

Governance and Disclosure The board-level Sustainability Committee, supported by four working groups, oversees performance. ESG-linked goals are integrated into salary reviews for directors and senior management. Analogue earned “B” scores on CDP Climate Change and Water Security, and ranks in the top 25% on EcoVadis.

Analogue Holdings reiterated its commitment to embed sustainability across the value chain, citing record order books and ongoing investment in smart-city, renewable-energy and resource-optimisation technologies to drive long-term value creation.

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