Royal Deluxe 2026 ESG Report: Net Profit Jumps 343%, GHG Emissions Cut 22%, Safety & Training Metrics Improve

Bulletin Express
Jul 30

Royal Deluxe Holdings Limited (Royal Deluxe, 03789) released its FY2025/26 Environmental, Social and Governance (ESG) Report, detailing a sharp rebound in profitability, enhanced safety figures and notable progress on decarbonisation.

Financial & Operational Highlights (FY 2025/26) • Revenue slipped 5.10% year-on-year to HKD 693.70 million, yet profit attributable to shareholders surged 343.30% to HKD 14.60 million. • Gross profit margin expanded by 36.8 percentage points to 7.8%. • Outstanding order book increased 2.70% to HKD 955.10 million; 12 new projects were secured. • Projects under construction covered 1.22 million m² of floor area, with 86% participating in BEAM Plus green-building certification.

Environmental Performance • Total greenhouse-gas emissions fell 22.22% to 60.22 tCO₂-e; Scope 1 emissions declined to 29.98 tCO₂-e and Scope 2 to 25.83 tCO₂-e. • Energy consumption dropped 4.24% to 611,029 MJ; electricity usage decreased 9.23% and petroleum consumption 21.81%. • Water usage fell 9.05% to 133.48 m³. • The company piloted a reuse-rate KPI across 15 sites, logging reuse cycles of 3.0 for Ming Tai tableform, 36.0 for steel and 10.9 for aluminium formwork. • New environmental targets include a 20% reduction in GHG-intensity (tCO₂-e/HKD million) and a 15% cut in electricity-intensity by 2028, plus complete elimination of diesel on sites by 2035.

Decarbonisation & Circular Economy • Transition to high-strength recycled steel and aluminium system formwork aims to displace single-use timber. • Deployment of BIM, AI and Digital-Twin solutions optimises design, scheduling and resource use. • A bottom-up Climate Transition KPI Matrix links site-level metrics with corporate disclosures; Scope 3 inventory development is under way.

Health & Safety • Third consecutive year with zero fatalities. • Work-injury cases dropped 39.50% to 26; injury rate fell to 2.22 per 200,000 man-hours (-49%). • Formal short-, mid- and long-term safety targets set: 5% annual reductions in accidents, lost days and injury rates in year one, rising to 30% by 2031.

Human Capital • Training hours soared 160.42% to 46,012, averaging 6.24 hours per employee; management completed integrity and climate-related courses. • Workforce totalled 594 direct employees (93% male, 7% female) and 2,360 site workers via subcontractors. • Staff turnover rate narrowed to 5.78% (2025: 25.86%). All employees returning from parental leave remained employed 12 months later.

Governance & Compliance • Board-level ESG Committee, Risk Committee and Corporate Safety, Health & Environmental Committee oversee sustainability. • Anti-corruption framework anchored by the Code of Conduct on Business Ethics; no corruption or data-privacy breaches reported. • Subsidiaries maintain Construction Industry Integrity Charter signatory status.

Community & Recognition • Donations totalled HKD 50,990, supporting the Lo Pan Rice Campaign and Tai Po fire relief. • Ming Tai Construction Engineering received CIC “Construction Industry Caring Organisation” recognition and multiple site-safety awards.

Outlook Royal Deluxe will continue to scale digital engineering, expand the use of reusable formwork systems and advance its Scope 3 emissions inventory, aligning operations with Hong Kong’s 2050 carbon-neutral goal while pursuing disciplined growth in public- and private-sector formwork contracts.

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