Annual Report 2025
64 Transport International Holdings Limited 2025 Annual Report SUSTAINABILITY REPORT Diesel Consumption (Scope 1) Water Consumption Electricity Consumption (Related to Property/Real Estate Operations only) (Scope 2) GJ/million km (Intensity) -13 % m 3 /no. of buses (Intensity) -34 % kWh/m 2 (Intensity) -35 % GHG Emissions (Scopes 1 & 2) tCO 2 e (Absolute) -11 % Progress by FY2025: -7% Progress by FY2025: -49% Progress by FY2025: -29% Progress by FY2025: -13% Progress by FY2025: -9% Metal Waste (Non-hazardous) kg/million km (Intensity) -7 % Progress by FY2025: -4% Solid Chemical Waste (Hazardous) kg/million km (Intensity) -13 % Progress by FY2025: -11% tCO 2 e/million km (Intensity) -13 % Our Environmental Targets In 2023, TIH engaged an external consultant to review the Group’s environmental performance. Building on this review, the Board has set new Environmental Targets for FY2024- FY2028, using FY2019 as the baseline year for consistency. The scope has also been expanded to cover Hong Kong Franchised Public Bus Operations, Hong Kong Non franchised Transport Operations, and Property Holdings and Development. Within this broader scope, we have updated six key environmental targets addressing diesel consumption (Scope 1), electricity consumption for property operations (Scope 2), GHG emissions (Scopes 1 & 2), water use, hazardous solid chemical waste, and non hazardous metal waste. Performance against FY2025’s environmental KPIs showed overall positive progress. The Company will continue to closely monitor operations and implement measures to manage energy use, reduce waste, and minimise greenhouse gas emissions across Scopes 1 and 2. The Group continues to report its Scope 1 and Scope 2 greenhouse gas emissions in accordance with HKEX requirements. To strengthen the completeness of its climate reporting, the Group is adopting a phased approach to Scope 3 reporting. Building on earlier preliminary screening of Scope 3 value chain hotspots, the Group has begun transitioning its methodology to align with updated standards and increase data granularity. During the reporting year, trial engagements were conducted with selected key suppliers to assess data readiness and inform the design of future data-collection processes. Guided by the reporting principles of materiality and consistency, the Group aims to progressively expand its Scope 3 disclosure capabilities, with the goal of reporting on the most material Scope 3 categories by 2027. Environmental Targets for Key Performance Indicators by FY2028 (Baseline: FY2019) Note: The previously reported FY2024 progress for (1) GHG Emissions (Scope 1 & 2) intensity and (ii) Solid Chemical Waste (Hazardous) intensity have been restated from -6% to -7%, and Metal Waste (Non-hazardous) has been restated from 29% to 40% against the FY2019 baseline.
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