HK&SHOTELS：Climate-relatedDisclosures2024.pdf

1、Climate-related Disclosures 20241The Hongkong and Shanghai Hotels,LimitedCLIMATE-RELATED DISCLOSURESThe following statement,which references the recommendations of the Task Force on Climate-related Financial Disclosures(TCFD)and the International Sustainability Standards Boards(ISSB)International Fi

2、nancial Reporting Standard(IFRS)S2 Climate-related Disclosures,outlines how we manage climate-related risks and the implications these risks may have for our business.Please refer to the Climate-related Disclosures Content Index on p.11 of this report on alignment to Part D of the HKEX ESG Code1,the

3、 IFRS S2 Climate-related Disclosures,and any additional explanations or remarks on disclosure requirements.Our Sustainability and Climate StrategyGlobal temperature has reached historic high for the past years and the latest Intergovernmental Panel on Climate Change(IPCC)Report indicate that tempera

4、ture rise is on the tracjactory to surpass 1.5 degree celsius before 2030,leading to adverse outcomes such as melting of glaciers,rising sea levels and shifting of ecosystem and weather pattern.Our operations already observe the rise in frequency and intensity of extreme climate events.We recognise

5、the urgent need to manage climate-related risks proactively and identify opportunities to transition to a low carbon future.Our group sustainability strategy Sustainable Luxury Vision 2030(Vision 2030)serves as the blueprint for the company to navigate towards such future,while at the same time enha

6、ncing our resilience.Our climate strategy focuses on:i.Accelerating the Reduction in Greenhouse Gas(GHG)Emissions:Implementing energy efficiency projects and transitioning to sustainable and cleaner energy sources,with reference to industry specific science-based reduction target.ii.Assessment and A