CK Asset Holdings has committed to achieving net-zero emissions by 2030. CK Asset's latest filings mentioned the keywords ‘Recycling' and ‘Climate Change’ most number of times in relation to 'Net Zero'. In 2022, the company reported its Scope 1 emissions at 7,198 tCO₂e, Scope 2 emissions at 231,038 (energy indirect GHG) tCO₂e, and Scope 3 (other indirect GHG emissions) emissions at 2,665 tCO₂e. By the beginning of 2023, it expects to purchase electricity from renewable energy at 95% of all its German locations. The Group’s existing infrastructure investment, Northumbrian Water aims to achieve net-zero in 2027 through innovative practices, including the Organics Ammonia Recovery project that converts recovered ammonia into green hydrogen.

CK Asset Holdings has been developing clear ways to produce and deliver its products and services to achieve its net-zero targets. The company has already taken steps to achieve its targets, including energy-efficient refurbishment of its properties, adopting a new company car policy to speed up the transition to electric vehicles, and optimising energy-saving, emission reduction, and water conservation measures.

CK Asset Holdings'carbon emissions are calculated with reference to the Greenhouse Gas Protocol published by the World Resources Institute and the World Business Council on Sustainable Development, the Global Warming Potential Values from the IPCC Fifth Assessment Report published by the IPCC, and other national and local grid emission factors. In 2021, the Group achieved significant milestones by setting environmental targets as a Carbon Neutrality partner of the HKSAR Government, showcasing its commitment to combat climate change. In 2022, substantial progress was made towards these targets, with notable reductions in GHG emissions intensity and electricity and water consumption through effective measures and energy-saving initiatives across its various business entities. The company has a group level target to reduce GHG emissions by 9% by 2030.

CK Asset Holdings has taken steps to reduce emissions, including improving insulation on buildings, installing new lighting systems, and adopting a new company car policy to speed up the transition to electric vehicles. The company has also invested in renewable energy and partnered with local Djurrubu Rangers for site management and wildlife relocation in the Jabiru solar project, enhancing biodiversity protection and learning about local culture. The Harbour Plaza Hotel Management Group has participated in the soap recycling programme for the third consecutive year, since 2020, to collect, sanitise, and recycle lightly used soap and bottled amenities from hotels and distribute them to disadvantaged communities around the world, particularly in Asia.

In conclusion, CK Asset Holdings has committed to achieving net-zero emissions by 2030 and has set specific goals related to scope 1, scope 2, and scope 3 emissions. The company has taken steps to reduce emissions, including improving insulation on buildings, installing new lighting systems, and adopting a new company car policy to speed up the transition to electric vehicles. CK Asset Holdings has also invested in renewable energy and partnered with local Djurrubu Rangers for site management and wildlife relocation in the Jabiru solar project, enhancing biodiversity protection and learning about local culture.

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