Able Engineering Holdings’ 2025/26 ESG Report Highlights Safety Gains, Wider Carbon Metrics and HK$9.18 B Revenue

Bulletin Express
07/24

Able Engineering Holdings released its 2025/26 Environmental, Social and Governance (ESG) report, framing progress around four pillars—Safety & People, Corporate Governance, Community Development and Environmental Stewardship—while posting HK$9.18 billion in revenue, up 15.2% from the previous year.

Safety & People • Lost-time injury frequency rate fell to 0.34 per 100,000 hours (2024/25: 0.45), and reportable work-related accidents dropped to 48 cases (2024/25: 61). • Head-office turnover decreased to 9%, down from 19%; site-based turnover fell to 18% (2024/25: 31%). • Mandatory OHS training reached full coverage of on-site staff; average training hours at head office rose to 4.31 from 3.05. • The group targets zero fatalities and an LTIFR below 0.30 by 2030.

Governance Enhancements • ESG oversight strengthened through a board-led Safety, Health & Environmental Committee and an ESG Working Group. • ISO 37001:2016 anti-bribery certification maintained; no corruption cases recorded during the year. • Able Engineering joined the ICAC-led “Integrity Charter 2.0” and continued ethics training for all employees.

Community & Innovation • Rolled out AI tower-crane control, RFID anti-collision systems, on-site IoT monitoring and “Enertainer” battery energy storage to cut diesel use and improve safety. • Expanded application of construction robots for spraying, painting and material transport to reduce manual exposure to high-risk tasks. • About 1,065 suppliers and subcontractors were assessed under updated environmental and safety criteria. • Community initiatives included a gardening workshop with the Hong Kong Housing Authority and participation in the Pok Oi “Cycle for Millions” 2026 charity event.

Environmental Stewardship • Total GHG emissions rose to 1.39 million tonnes of CO₂e, driven by newly disclosed Scope 3 categories—capital goods and use-phase emissions from completed buildings. • Scope 1+2 emissions reached 13,576 tonnes, with a 5% absolute-reduction target set for FY2030. • Energy consumption totalled 174,093 GJ; intensity increased to 18.97 GJ per HK$ million revenue (2024/25: 10.53) amid higher diesel usage on large foundation contracts. • Water-use intensity improved to 20.68 m³ per HK$ million revenue (2024/25: 23.26). • Inert construction waste intensity fell to 38.05 tonnes per HK$ million revenue from 42.62. • Long-term aim: 5% absolute reduction in Scope 1–3 emissions by 2050, alongside 20% cuts in energy and water intensity by 2030.

Recognition The group, in partnership with HSBC, secured The Asset Triple A 2025 “Best ESG Solution – Hong Kong” award for its sustainable finance structure supporting public-housing projects.

Strategic Outlook Planned actions include broadening smart-site coverage, scaling biodiesel adoption, investing in electric and hybrid machinery, and embedding climate scenario analysis into risk management to safeguard project delivery against extreme weather and regulatory shifts.

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