HK Electric Investments LtdHK Electric Investments Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Electric Utilities

This SDG rating for HK Electric Investments Ltd represents the company's reporting of the United Nations SDGs. The article contains a Q&A section for HK Electric Investments Ltd. The Disclosure rating covers 17 United Nations Sustainable Development Goals including: 'Gender Equality', 'Responsible Production & Consumption' and 'Life on Land'.

HK Electric Investments Ltd in the Electric Utilities industry gained a UN SDG ESG Transparency Score of 4.5; made up of an environmental score of 6.0, social score of 4.0 and governance score of 3.4.

SDG Transparency Score for HK Electric Investments Ltd 
Low
0 - 3

4.5

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for HK Electric Investments Ltd 
6.0

Environmental

4.0

Social

3.4

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Banpu Power PCL
8.0
High
1Baltimore Gas and Electric Co
8.0
High
335PGE Polska Grupa Energetyczna SA
4.6
High
335Societe Electrique de l'Our SA
4.6
High
339HK Electric Investments Ltd
4.5
High
339Algonquin Power & Utilities Corp
4.5
High
339Beijing Jingneng Clean Energy Co Ltd
4.5
High
.........
582Zhejiang Zheneng Electric Power Co Ltd
0.0
Low
582Zhytomyroblenerho AT
0.0
Low
.........
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Peer Companies Benchmark
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Frequently Asked Questions

Does HK Electric Investments Ltd have an accelerator or VC vehicle to help deliver innovation?

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Does HK Electric Investments Ltd disclose current and historical energy intensity?

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Does HK Electric Investments Ltd report the average age of the workforce?

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Does HK Electric Investments Ltd reference operational or capital allocation in relation to climate change?

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Does HK Electric Investments Ltd disclose its ethnicity pay gap?

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Does HK Electric Investments Ltd disclose cybersecurity risks?

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Does HK Electric Investments Ltd offer flexible work?

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Does HK Electric Investments Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does HK Electric Investments Ltd disclose the number of employees in R&D functions?

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Does HK Electric Investments Ltd conduct supply chain audits?

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Does HK Electric Investments Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does HK Electric Investments Ltd conduct 360 degree staff reviews?

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Does HK Electric Investments Ltd disclose the individual responsible for D&I?

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Does HK Electric Investments Ltd disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does HK Electric Investments Ltd disclose current and / or historical scope 2 emissions?

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Does HK Electric Investments Ltd disclose water use targets?

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Does HK Electric Investments Ltd have careers partnerships with academic institutions?

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Did HK Electric Investments Ltd have a product recall in the last two years?

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Does HK Electric Investments Ltd disclose incidents of discrimination?

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Does HK Electric Investments Ltd allow for Work Councils/Collective Agreements to be formed?

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Has HK Electric Investments Ltd issued a profit warning in the past 24 months?

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Does HK Electric Investments Ltd disclose parental leave metrics?

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Does HK Electric Investments Ltd disclose climate scenario or pathway analysis?

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Does HK Electric Investments Ltd disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does HK Electric Investments Ltd disclose the pay ratio of women to men?

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Does HK Electric Investments Ltd support suppliers with sustainability related research and development?

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Does HK Electric Investments Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does HK Electric Investments Ltd reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is HK Electric Investments Ltd involved in embryonic stem cell research?

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Does HK Electric Investments Ltd disclose GHG and Air Emissions intensity?

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Does HK Electric Investments Ltd disclose its waste policy?

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Does HK Electric Investments Ltd report according to TCFD requirements?

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Does HK Electric Investments Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does HK Electric Investments Ltd disclose energy use targets?

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Does HK Electric Investments Ltd disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does HK Electric Investments Ltd have a policy relating to cyber security?

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Potential Risks for HK Electric Investments Ltd
These potential risks are based on the size, segment and geographies of the company.

HK Electric Investments and HK Electric Investments Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong Island and Lamma Island. As of December 31, 2021, the company operated 6 coal-fired units, 5 oil-fired gas turbine units, 3 gas-fired combined-cycle units, 1 solar power system, and 1 wind turbine with an installed capacity of 3,617 megawatts. It also operated a transmission and distribution network of 6,734 kilometers; 4,100 substations; and 6,300 transformers, as well as served 584,000 residential, commercial, and industrial customers. The company was founded in 1889 and is headquartered in Hong Kong, Hong Kong.

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