Page 10 - Hongkong Land Sustainability 2014 2

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10
Hongkong Land Property Management
ENVIRONMENT
-20
-15
-10
-5
0
2009 2010 2011 2012
2013
%
Electricity Reduction
Since 2008
Cumulative Electricity
Reduction Since 2008
0
20
40
60
80
Cumulative Savings
millions kWh
2009 2010 2011 2012
2013
Cumulative Carbon
Reduction Since 2008
0
30
60
90
Cumulative Reduction
1,000 tonnes
2009 2010 2011 2012
2013
Energy and Carbon
Hongkong Land’s policy of making continuous,
systematic efforts and introducing initiatives to
reduce its energy usage and carbon emissions has
produced impressive results that continue today.
Since 2008, Hongkong Land has reduced the annual
energy consumption across its Central portfolio every
year. In 2009 an ambitious target was set to reduce
carbon emissions by 20% from all Hongkong Land’s
managed properties in Central by 2020 as compared
to 2008 levels.
At the end of 2013 we not only met, but exceeded this
target by achieving an overall reduction in our carbon
footprint of 24%. These savings prevented 85,300
tonnes of carbon dioxide from being emitted into the
atmosphere over the past five years. To assimilate that
volume of carbon dioxide into the atmosphere naturally
in one year would require 3.7 million trees. The reduction
of carbon emissions is a result of the cumulative energy
savings of 74 million kWh, equating to an 18% reduction
in usage, and a yearly savings of US$2.4 million.
We continue to search for and research new methods,
processes, technologies and strategies to take our
energy conservation efforts even further.
CO
2
ACHIEVED IN 2013
24%
CO
2
Reduction
From2008 Baseline
18%
Electricity
Reduction
A savings of
US$2.4m
per
annum