With the extensive reach of our business, the Group is devoted to making a positive impact in the face of climate change. Across our business units, we act responsibly by reducing and managing carbon emissions and waste from our operations. The Group is among the first to disclose its GHG emissions on the carbon footprint repository for listed companies in Hong Kong.
 
The Group recognises that the changing climate can potentially affect our assets physically, day-to-day operations and other business aspects. In 2024, the Group conducted a climate scenario analysis and risk mapping exercise to evaluate climate-related risks and opportunities.  We formulate policy, strategy and adaptive measures to reinforce our climate resilience and mitigate the potential impacts. We will continue to refine our climate risk management framework to ensure its robustness and applicability.
 
We made substantial efforts in climate-related disclosure and targets setting. By the end of 2024, we have committed to Science Based Targets Initiative (“SBTi”) for science-based targets setting and submitted the near-term targets for validation.
The Group's near-term science-based greenhouse gas (“GHG”) emissions reductions targets have been validated by SBTi; our work to drive for sustainability is entering a new chapter.