LOW-CARBONOFFICE OPERATIONPROGRAMME2015 Verif ication Results Highlights

2015

REPORTHK

With a highly-developed, mature economy, Hong Kong has a duty and an obligation to contribute solutions to addressing climate change. Business leaders can play a crucial role in fostering a climate-friendly, sustainable environment so that current and future generations can live happily and in harmony with nature.

In tackling the world’s climate change dilemma, the leaders of 138 companies and organizations in Hong Kong have chosen to adopt pragmatic yet scalable actions through the Low-carbon Office Operation Programme (LOOP).

LOOP aims to help Hong Kong companies reduce greenhouse gas (GHG) emissions and improve efficiency across business processes and office operations. By joining LOOP, companies can gain a better understanding of their carbon performance and prepare well for the transition to a low carbon economy.

ACTIONS OF BUSINESS LEADERS IN HONG KONG

Footnotes:(1) http://newsroom.unfccc.int/unfccc-newsroom/indc-synthesis-report-press-release/

ACTIONS OF GLOBAL POLITICAL LEADERS

TRANSITION TO A CLIMATE-RESILIENT LOW CARBON ECONOMY: INTERPLAY OF GOVERNMENT POLICIES AND BUSINESS ACTIONS

Kyoto Protocol first commitment period.2008-2012

The UNFCCC adopts the Kyoto Protocol, the world’s first greenhouse gas emissions treaty (signed by 194 parties).

1997

The United Nations Framework Convention on Climate Change (UNFCCC), the main international treaty for fighting climate change, opens for signature.

1992The Intergovernmental Panel on Climate Change (IPCC) is established, bringing together thousands of scientists to study climate change and assess its impact.

1988

2014In New York, 100 world leaders meet for the UN Climate Summit IPCC 5th Assessment. Their report on climate change declares that the Below 2oC objective is still within reach.

2012-2014China launches seven pilot carbon emissions trading schemes (ETS). 2012

Only 36 nations agree to the Doha Amendment. Entry into force requires the acceptance of 144 states.

2010Hong Kong sets a carbon intensity reduction target of

50% - 60% by 2020, as compared with 2005 levels.

2015 OCTThe 119 intended nationally determined contributions

(INDCs) communicated by 146 countries limits temperature increases to around 2.7oC by 2100.(1)

The US, EU, China and India announce individual reduction targets.US: reduce emissions in the range of 17% below 2005 levels by 2020, 42% below 2005 levels by 2030, and 83% below 2005 levels by 2050.EU: reduce emissions to 20% below 1990 levels by 2020.China: cut carbon emissions relative to economic growth by 40% to 45% by 2020 compared with 2005 levels.India: reduce emissions per unit of GDP 20% to 25% below 2005 levels by 2020.

2009In Copenhagen, the UN Climate Change Conference ends without an overall agreement on binding emissions cuts.

The EU launches its Emissions Trading System (EU ETS).2005

PATHWAY TO A LOW CARBON ECONOMY

2 Low-carbon Office Operation Programme 2015 Verification Results Highlights

NUMBER OF COMPANIES PARTICIPATING IN LOOP

6090

112 124 133 138

020406080100120140160180

2010 2011 2012 2013 2014 2015

1433

76

136

164

104

Cumulative Number of Verification Performed or LOOP Labels Awarded

Cumulative Number of LOOP Offices

VERIFICATION FINDINGS2015 VERIFICATION RESULTS1. OFFICES PARTICIPATING IN THIRD PARTY VERIFICATION

3. EMISSIONS DATA BREAKDOWN

CONSUMPTION PEREMPLOYEE PER ANNUM

3012.46 kWh 5.59 CUBIC METRES

4256 SHEETS

ELECTRICITY

PAPER

FRESHWATER

TONNES

AGGREGATE CARBON EMISSIONSOF ALL VERIFIED OFFICES

TOTAL CARBONEMISSIONS PEREMPLOYEE

3.09%Scope 1

Direct GHGEmissions

61.73%Scope 2

Indirect GHGEmissions

35.18%Scope 3

Other IndirectGHG Emissions

Offices (no.)

Employees (no.)

Office space (sq.m.)

Annual Emissions Intensity

2015

28

5,969

74,182

3.01

2014

32

7,161

82,478

2.98

2013

28

5,748

76,819

3.47

2012

43

7,745

99,133

4.38

2011

19

3,034

52,286

3.52

2010

14

2,178

32,696

4.0

AGGREGATE CARBON EMISSIONS FROM ALL VERIFIED OFFICES’ BUSINESS TRAVEL

CARBON EMISSIONS CONSUMPTION

3042.38 TONNES

536.68TONNES

450.12TONNES

COMPANY VEHICLES

OVERSEAS

LOCAL

CONSUMPTION PER UNITFLOOR AREA (SQUARE METRE) PER ANNUM

242.40 kWhELECTRICITY

0.44 CUBIC METRESFRESHWATER

(Tonnes CO2-e per staff per annum)

Low-carbon Office Operation Programme 2015 Verification Results Highlights 3

2. ANNUAL CARBON EMISSIONS PER EMPLOYEE OF THE VERIFIED LOOP OFFICES

00

1

2

3

4

5

6

7

500 1000 1500 2000 2500 3000 3500 4000 4500 5000 5500 6000

Average = 3.01 tonnes per staff per annum

Ann

ual c

arbo

n em

issi

ons

per

empl

oyee

(of v

erifi

ed o

ffic

es, C

O2-

e to

nnes

)

Number of employees (of verified offices)

LABEL GRADES MAPPING CRITERIA

34.1%34.1%

13.6%2.2%0.1%

χ-3σ χ-2σ χ-σ χ+σ χ+2σ χ+3σχ

This office performedbetter than 84.1% of other offices.

Normal curve of LOOP labels

LOOP LABEL COMPANY OFFICE LOCATION

Autotoll Limited

Clotex-Labelon

Laws Fashion Group Limited

Lidl Hong Kong Limited

11/F, Tower A, Billion Centre, Kowloon Bay

8/F, City Industrial Complex, Kwai Chung

25/F, 32/F, 35/F & 36/F, Laws Commercial Plaza,Lai Chi Kok

23/F, Miramar Tower, Tsim Sha Tsui

7/F, 8/F & 9/F, DCH Building, Kowloon Bay

14/F, Fontaine Building, Tsim Sha Tsui

Room 401, B&Q Pudong Commercial Building Shanghai

15/F Chinachem Golden Plaza, Tsimshatsui East

37/F & 38/F, The Centrium, Central

19/F & 20/F, Peninsula Square, Hung Hom

6/F & 7/F, Hutchison House, Central

10/F, Block 2, Tai Ping Industrial Center, Tai Po

8/F, 11/F, 14/F, 15/F & 18/F Block B, MP Industrial Centre, Chai Wan

8/F & 9/F, KITEC, Kowloon Bay

5/F, 9/F & 19/F, Wheelock House, Central

Hoi Ha Marine Life Centre, Sai Kung

Island House Conservation Studies Centre, Tai Po

15/F Manhattan Centre, Kwai Chung

Dah Chong Hong Holdings Limited

K11 Concepts Limited

Kingfisher (Shanghai) Sourcing Consultancy Co. Ltd.

Markant Trading Organisation (Far East) Limited

Melco International Development Limited

Otto International (Hong Kong) Limited

Pacific Basin Shipping (HK) Limited

Sailing Boat Catering Management Limited

Sa Sa International Holdings Limited

Wharf T&T Limited

Wheelock Properties (Hong Kong) Limited

WWF-Hong Kong

WWF-Hong Kong

WWF-Hong Kong

Hong Kong Broadband Network Limited

Kai Shing Management Services Limited - ICC Management Services Office

Kai Shing Management Services Limited - Millennium City 5 Management Services Office

Kingfisher Asia Limited

7, 8, 9, 11, 16/F (partly), 12, 14-15/F. (whole floor), Trans Asia Centre, Kwai Chung

Suite 1906, International Commerce Centre, West Kowloon

Unit 1608-9, 16/F, Millennium City 5, Kwun Tong

21/F & 22/F, Cornwall House, Taikoo Place, Quarry Bay

RESULTS OF THE LOOP LABELLING AWARD 2015

Ecolab Limited

K11 Concepts Limited

Kai Shing Management Services Limited - East Point City (Commercial) Management Services Office

Konica Minolta Business Solutions (HK) Limited

s.Oliver Asia Limited

WWF-Hong Kong

15/F, Lu Plaza, Kwun Tong

10/F, Inter-Continental Plaza, Tsim Sha Tsui

Shop 163A, East Point City, Tseung Kwan O

2/F & 3/F, Eastern Centre, Quarry Bay

27/F Octa Tower, Kowloon Bay

Education Centre, Mai Po Conservation Area

CERTIFIED

SILVER

GOLD

PLATINUM

Below mean -1 standard deviation

Between -1 standard deviation and meanBetween mean and +1 standard deviationAbove mean +1 standard deviation

LOOP LABELNORMAL CURVE

STANDARD DEVIATIONPERFORMANCE

SCORES

< 51.09%

From 51.09%to 67.77%

From 67.77% to 84.45%

> 84.45%

An office scored one standard deviation above the mean.

4 Low-carbon Office Operation Programme 2015 Verification Results Highlights

CUMULATIVE ACHIEVEMENTS 2010-20151. CARBON EMISSIONS SOURCES (BY PERCENTAGE) OF LOOP ASSESSMENT AREAS OF THE VERIFIED OFFICES

2. CHANGE IN CARBON INTENSITY

3. ACHIEVEMENTS IN ECONOMIC, SOCIAL AND ENVIRONMENTAL ASPECTS FROM 2010 TO 2015

HVAC (% of overall electricity consumption)Office equipment (% of overall electricity consumption)Lighting (% of overall electricity consumption)

74.9%15.3%

9.8%

BREAKDOWN OF OVERALL ELECTRICITY USE 2015

0

1

2

3

4

5

6

7

8

Three years

Offices undergone LOOP verification for

Four years Five years-7.00%

-6.00%

-5.00%

-4.00%

-3.00%

-2.00%

-1.00%

-0.00%

Six years

Average annual % change in carbon intensity (base year vs 2015 performance year, CO2-e per staff)

Number of offices

-5.58%-6.07%

-3.07%

-4.93%

BASE YEARRefers to the earliest year that verifiable emissions data became available. LOOP companies normally use verified data from the first year’s LOOP assessment as base year data.

BUSINESS AS USUAL (BAU)Refers to the estimated amount of greenhouse gases emissions that would be produced under a business’ current operations, without employing any carbon reduction measures in its office.

PERFORMANCE YEARRefers to verified emissions data from LOOP companies in 2015.

Low-carbon Office Operation Programme 2015 Verification Results Highlights

Fresh Water & SewagePaper UseCompany VehicleStaff Commuting

Local Business TravelOverseas Business TravelOverall Electricity Consumption

0%2010 2011 2012 2013 2014 2015

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Carb

on E

mis

sion

s%

Year

45%

35%20% 21%

19% 17% 17%

15%18%16%11%14%13%

59% 62% 58% 58% 62%

2%

3%1%0.1%

CARBON EMISSIONS SOURCES

ENVIRONMENT

ECONOMIC SOCIAL

Cost saving : $1.8 million electricity fee Climate change education for commercial sector, in particular SMEs, to strengthen resilience and reduce vulnerability. The created economic value is impossible to measure and priceless

--

GHG reduction: LOOP offices

collectively avoided a total of 1,211 tonnes of carbon emissions, which is equivalent to the carbon emissions absorbed by 52,652 trees in one year.

Reduced 25% employee’s carbon footprint at work (3.01 in 2015 vs 4 in 2010)

-

-

Improved stakeholder relations: 82% of verified offices have disclosed their carbon performance or best practice to the public in 2015

Internship or service learning: >7,400 hours

-

-Socialization of a green economy through LOOP verifiers

-

Reduced 66% of freshwater consumption per employee

Reduced 8% of paper consumption per employee

--

-

Resource consumption reduction:

5

CARBON PERFORMANCE 1. COMPARISON ON AVERAGE CONSUMPTION AND CARBON INTENSITY PER EMPLOYEE (2015 VS 2010)

-271kWh

-9%

ELECTRICITY

-66%

FRESHWATER

-3.69CUBIC

METRES -8%-341SHEETS

PAPER

2. COMPARISON ON CARBON PERFORMANCE INDEX

A. Commitment - policy and goal setting (maximum credits: 18)

B. Calculation - measurement and monitoring (maximum credits: 24)

C. Cut - carbon reduction strategy and actions (maximum credits: 30)

D. Communication - internal and external (maximum credits: 18)

E. Other merits (bonus points) (maximum credits: 10)

Total scores (maximum credits: 100)

2015

13.9

20.7

17.9

11.8

3.4

67.7

2014

12.6

19.9

18.3

11.5

2.7

64.9

2013

11.8

20.3

16.8

11.8

2.9

63.6

2012

10.5

19.3

14.0

10.5

2.7

57.1

2011

10.4

20.5

13.1

10

1.7

55.7

2010

10.5

20.4

11.8

10.5

2.5

55.7

(2015 vs 2010)

+32.4%

+1.5%

+51.7%

+12.4%

+36%

+21.5%

(2015 vs 2014)

+10.5%

+3.9%

-2.2%

+2.6%

+25.9%

+4.3%

PERFORMANCE AREAS

AVERAGE CONSUMPTION

-0.88TONNES

TONNES+0.01

COMPANY VEHICLES

OVERSEAS-63%

+8%

CARBON INTENSITY

-0.07TONNES LOCAL

-45%

SUMMARY

Scores increased across multiple categories apart from "Cut-carbon reduction strategy and actions".

The total carbon performance score for2015 improved from 2014,

20102014 2015

HIGHESTSCORE +67.7

BY 4.3%

COMMITMENTSIGNIFICANT IMPROVEMENT was observed in the area “Commitment – policy and goal setting”.

are working toward a time-bound GHG emissions reduction target, while

of offices could claim this distinction.

OF LOOP- VERIFIED OFFICES

82% IN 2011 ONLY 32%

CALCULATIONLOOP-verified offices also performed well in measuring and monitoring their carbon footprint.

have established their GHG inventory and regularly updated their findings.

have conducted assessments of GHG emissions-reduction options.

OF VERIFIED OFFICES 100%

CUTScores in this category dropped slightly compared to 2014 although

that participated in the verification process for two or more consecutive years have reduced their average CO2 emissions per employee.

have implemented management strategies to reduce emissions, minimize risk and capitalize on opportunity.

93%OF VERIFIED OFFICES

65%OF VERIFIED OFFICES

COMMUNICATION

have disclosed their carbon performance data and/or best practices to the public.

100%OF LOOP-VERIFIED

OFFICES

IN 82%OF VERIFIED OFFICES

staff are engaged in implementing GHG policy and encouraged to achieve company carbon emissions targets.

6 Low-carbon Office Operation Programme 2015 Verification Results Highlights

Low-carbon Office Operation Programme 2015 Verification Results Highlights

SHARING OF LOOPERS’ PRACTICES: A STORY OF MANAGING RESOURCES AT THE OFFICE

HOW CLOSELY DO LOOP COMPANIES FOLLOW THE RESOURCE (NOT WASTE) MANAGEMENT HIERARCHY? CAN IT BE IMPLEMENTED?

Every day the average Hong Konger throws away 1.36 kg of municipal solid waste (MSW), (1) which ends up in our landfills. As the waste rots, it releases huge amounts of methane – a powerful greenhouse gas – into the air. According to statistics(2) from the Environmental Protection Department, 2,350,000 tonnes of CO2-e were generated from waste in 2012, representing 5.4% of Hong Kong’s total carbon emissions for that year.

The Government advocates a waste management hierarchy. However, over half of the MSW produced in 2011 – including paper (22%), plastics (19%), wood (4%), glass (3%), metal (2%) and textiles (2%) – were recyclable and reusable resources that shouldn’t have ended up in landfills in the first place.

1. ALLOCATION OF RUBBISH BINS – AN ART OR A SCIENCE?

2. CONVENIENCE COUNTS – PUTTING RECYCLING BINS NEXT TO THE SOURCE

There are different ideas about the number of rubbish bins needed in the average office. Too many rubbish bins can actually aggravate not alleviate the waste problem. Removing rubbish bins from view has been shown to reduce waste generation. A LOOP company that supported this idea launched a “zero rubbish bin campaign” and organized a workshop for staff to “redefine” the purpose of the bins in the office. Another view is that more waste separation bins will increase the quantity of recyclables collected and reduce waste sent to landfills. Another LOOP company assigned two bins to each employee – one for litter, one for recyclables. They adopted this practice over 20 years ago, following guidelines from their head office in Germany.

People like convenience because they feel their time is valuable. Often it’s too much of a hassle to locate a recycling bin. A LOOP company places a recycling bin right next to the multifunctional copy machine and the shredder where misprints or shredded paper is generated. It is so convenient that employees have no excuse for not putting scrap paper into the recycling bin. Another LOOP company, being the management office of a shopping mall, drives a recycle train to every store in the mall to collect recyclable materials.

Rubbish bins are converted into stools since staff no longer need them at their

workstations.

The paper-recycling bin sits behind the shredder and next to the multifunctional copier

The recycle train runs on a regular schedule and collects up to 25 different types of recyclable items

7

Footnote: (1) http://www.enb.gov.hk/en/files/WastePlan-E.pdf(2) http://www.epd.gov.hk/epd/sites/default/files/epd/english/climate_change/files/HKGHG_Sectors_201506.pdf

WASTEMANAGEMENTHIERACHY

PREVENTION

REUSE

RECYCLING

RECOVERY

DISPOSAL

Each staff is assigned two bins – one for trash and the other for recyclables

The Government advocates a waste management hierarchy as shown in figure 1. However, over half of the MSW produced in 2011 – including paper (22%), plastics (19%), wood (4%), glass (3%), metal (2%) and textiles (2%) – were recyclable and reusable resources that shouldn’t have ended up in landfills in the first place.

3. CARING FOR COLLECTED MATERIALS – GIVING THEM A REAL SECOND LIFEThere is a fine line between reusable materials and trash, depending on the collection method and the condition of the used materials. A LOOP company regularly takes care of its “second-hand” printing paper, collecting one-sided sheets in good condition to be re-used in the network printer. Another LOOP company posts signage indicating what can be recycled and what can’t to avoid contamination of any collected materials. A third LOOPer encourages employees to rinse aluminum cans and plastic bottles before sending them off for recycling.

A clear reminder on the recycling bin says “Please rinse before putting it into the bin”.

Clear signage on top of corresponding recycling bins indicates what’s recyclable and what’s not.

“Processed” and “unprocessed” second-hand paper is separated. “Processing” of paper can be as simple as taking out staples from paper piles or sorting out wrinkled paper.

8 Low-carbon Office Operation Programme 2015 Verification Results Highlights

4. PARTICIPATION MAKES A DIFFERENCE – GETTING STAKEHOLDERS INVOLVED

Mutual influence can help a sustainable company culture to grow and thrive. A LOOP company recently ran three different recycling campaigns and encouraged its suppliers, its employees and their families, as well as NGOs to participate. The Bulb Recycling Campaign offered to replace employees’ home use light bulbs with free LED light bulbs, which were sourced from the company’s product suppliers. The company cooperated with several NGOs and ran two other campaigns to collect old clothes and idle electrical appliances from employees’ families for donation to the needy.

The Bulb Recycling Campaign successfully replaced 300 old light bulbs with energy efficient LED light bulbs in employees’ homes.

The WEEE Go Green Campaign collected more than 80 appliances and donated them to the needy via the NGO, St. James Settlement.

Recycling women’s and children’s clothes by working with the NGO, Green Ladies.

6. MATERIALITY MATTERS – EXTENDING GOOD PRACTICES TO CORE BUSINESS ACTIVITIES

Companies can benefit by giving stakeholders information on how they are managing resources and protecting the environment. A LOOP company routinely displays monthly consumption figures on its notice board. Another LOOP company carefully tracks the recovery of recyclables through a monitoring report provided by its property management office. A third company communicates the results of green campaigns through posters and intranet postings.

Good resource management at the office can extend to core business activities and bring about greater benefits for a company and the environment. A LOOP company abandoned disposable packaging materials for inter-office delivery of samples. Another LOOP company switched to reusable lunch boxes for school meals, preventing thousands of styrofoam boxes from polluting the ecosystem. A third LOOP company routinely strives to reduce its environmental impact and cut CO2 emissions throughout the life cycle of its products, from better product design and development to optimal use of resources during production and consumption.

LOOP companies, by following a comprehensive operational plan, achieved an average 5.2% reduction per annum of carbon emissions per employee. Through the participation of employees and engagement with stakeholders, these companies have reduced wastage and improved their usage of electricity, water and other natural resources. Progressive LOOP companies regularly demonstrate different ways to manage resources sustainably and show the business community how to deliver significant contributions to a greener planet. Like-minded business leaders should join together to share ideas and to lead the way to a climate-resilient, low carbon economy.

Publicizing green campaign results through posters and intranet postings.

Resource conservation through equipment design, such as replacing standardized materials with recycled materials during production.

Raising users’ awareness with information of toner and paper saving, power usage and CO2 emissions displayed on the equipment.

Reusable lunch boxes for school luncheon services.

9Low-carbon Office Operation Programme 2015 Verification Results Highlights

GHG EMISSIONS IN HONG KONG BY SECTOR (IN KILOTONNES)(3)

Total *

Electricity generation

Waste

2002

35,100

23,400

1,490

2012

43,100

29,400

2,350

%change

+22.8%

+25.6%

+57.7%

Source: EPD, HKNot including GHG emissions from aviation and marine vessels

Footnote (3): http://www.epd.gov.hk/epd/sites/default/files/epd/english/climate_change/files/HKGHG_Sectors_201506.pdf

5. THE POWER OF TRANSPARENT COMMUNICATION – FACTS AND FIGURES DON’T LIE

Routine tracking of individual recyclables through a report provided by the property management office.

Monthly consumption figures and facts displayed on the company notice board.

Footnote (3): http://www.epd.gov.hk/epd/sites/default/files/epd/english/climate_change/files/HKGHG_Sectors_201506.pdf

GET INVOLVED 1. POLICY UPDATES (HKEX – ESG REPORT)In Hong Kong, as in many parts of the world, stakeholder vigilance and demands for accountability and transparency have greatly increased. Hong Kong Exchanges and Clearing Limited (HKEx) recently published a “Consultation Paper on Review of Environmental, Social and Governance (ESG) Reporting Guide” to seek views on its proposed changes to the ESG Guide, including the introduction in July 2015 of certain “Comply or Explain” provisions. It is intended to implement the proposed change for financial years commencing in 2016. Listed companies should start gathering necessary statistics and information for the purpose of publishing an ESG report under the new ESG Guide.

The proposed new ESG Guide requires two levels of disclosure obligations: “Comply or Explain” provisions and “Recommended Disclosures”. Any issuer must disclose ESG information on an annual basis and state in its ESG report whether it is in compliance with the “Comply or Explain” provisions. The proposed “Comply or Explain” provisions refer mainly to two areas – “General Disclosures” and “Key Performance Indicator” – within the subject heading “Environmental”. The chart on the right shows the general subject areas and aspects that should be included in an ESG report.

Generaldisclosure

KPI B1.1

KPI B1.2

KPI B1.3

KPI B1.4

KPI B1.5

KPI B1.6

ASPECT B1Information on:

- The policies; and

- Compliance and material non-compliance with relevant standards, rules and regulations on air and greenhouse gas emissions, discharges into water and land, generation of hazardous and non-hazardous wastes, etc.

- Air emissions include NOx, SOx, and other pollutants regulated under national laws and regulations.

- Greenhouse gases include carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons and sulphur hexafluoride.

- Hazardous wastes are those defined by national regulations.

The types of emissions and respective emissions data.

Greenhouse gas emissions in total (in tonnes) and where appropriate, intensity (e.g. per unit of production volume, per facility).

Total hazardous waste produced (in tonnes) and where appropriate, intensity (e.g. per unit of production volume, per facility).

Total non-hazardous waste produced (in tonnes) and where appropriate, intensity (e.g. per unit of production volume, per facility).

Description of measures to mitigate emissions and results achieved.

Description of how hazardous and non-hazardous wastes are handled, reduction initiatives and results achieved.

EMISSIONS AREAS LOOP CAN HELP

ENVIRONMENTAL

SOCIALEmploymentHealth and SafetyDevelopment and TrainingLabour StandardsSupply Chain ManagementProduct ResponsibilityAnti-corruptionCommunity Investment

EmissionsUse of ResourcesThe Environment andNatural Resources

10 Low-carbon Office Operation Programme 2015 Verification Results Highlights

LOOP can help companies fulfill the “ENVIRONMENTAL” requirement for their ESG report in the areas related to Emissions, Use of Resources and The Environment and Natural Resources.

2. LOOP LABELLING AWARD TIMELINE

ASPECT B2 AREAS LOOP CAN HELPGeneraldisclosure

USE OF RESOURCES- Policies on efficient use of resources including energy, water and other raw materials.

- Resources may be used in production, in storage, transportation, in buildings, electronic equipment, etc.

Energy consumption by type (e.g. electricity, gas or oil) in total (kwh in ‘000s) and intensity (e.g. per unit of production volume, per facility).

Water consumption in total and intensity(e.g. per unit of production volume, per facility).

Description of energy use efficiency initiatives and results achieved

Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency initiatives and results achieved.

Total packaging material used (in tonnes), and if applicable,with reference to per unit produced.

KPI B2.1

KPI B2.2

KPI B2.3

KPI B2.4

KPI B2.5

THE ENVIRONMENT AND NATURAL RESOURCESPolicies on minimizing the operation’s significant impact on the environment and natural resources.

Total paper used.

Paper use efficiency initiatives and results achieved.

Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.

ASPECT B3Generaldisclosure

KPI B3.1

KPI B3.2

KPI B3.3

WWF welcomes applications for LOOP year round. Through LOOP, companies or organizations can engage with a group of like-minded, forward-thinking leaders to reduce greenhouse gas emissions generated from office operations by adopting managerial and technological best practices, modifying staff behavior, and engaging in a labelling scheme. Using the LOOP tool-kit, companies and organizations can: 1. measure and analyze the carbon performance of their offices; 2. formulate a comprehensive emissions reduction strategy; and 3. report on the improved carbon performance.

Join LOOP (Annual participation fee: HK$7,500)

Preparation ProcessDefine Organization BoundaryCollect Data (min. 9 months, back date data permitted)Use LOOP tools to calculate and cut carbon emissions

WWF Review ProcessAround Sep to OctReview third party audit reportRank office's performance/ label classCompile self-decared data

LOOP Labelling announcementAround Nov to DecLOOP Labelling Award CeremonyLOOP Annual Verification Results Highlights

1. PREPARATION 2.VERIFICATION 3.REPORT ANALYSIS 4.LABEL COMMUNICATION

On-site AssessmentAround May to AugBook third party verification sevice (6 weeks prior to onsite audit)Prepare documents for onsite assessmentCarry out onsite assessment

11Low-carbon Office Operation Programme 2015 Verification Results Highlights

AREAS LOOP CAN HELP

URL

Regular

Why we are hereTo stop the degradation of the planet’s natural environment andto build a future in which humans live in harmony and nature.

Why we are here

wwf.org.hk

To stop the degradation of the planet’s natural environment andto build a future in which humans live in harmony with nature.

1,211 TONNES

138

82%93%

HK•

WWF.ORG.HK©

WW

F-Canon / K.S. D

own

100%RECYCLED

LOW-CARBON OFFICEOPERATION PROGRAMME

138 offices have participated in the LOOP since 2009.

The total carbon reduction of verified LOOP companies is 1,211 tonnes, when compared with business-as-usual scenario. This is equivalent to the carbon emissions absorbed by 52,652 trees in one year.

82% of offices have established a time-bound GHG emissions reduction target.

93% of offices’ climate change policy statement is put in place addressing management’s views on the risks and opportunities that climate change presents to the business.

LOW-CARBON OFFICE OPERATION PROGRAMME 2015 VERIFICATION RESULTS HIGHLIGHTS

© 1986 Panda symbol WWF ® “WWF” is a WWF Registered TrademarkWWF-Hong Kong, 15/F, Manhattan Centre, 8 Kwai Cheong Road, Kwai Chung, New Territories. Tel: (852) 2526 1011, Fax: (852) 2845 2734, Email:wwf@wwf.org.hkRegistered Name 註冊名稱: World Wide Fund For Nature Hong Kong 世界自然（香港）基金會

(Incorporated in Hong Kong with limited liability by guarantee 於香港註冊成立的擔保有限公司)