Social Impacts: People
Social Impacts: Clients and Suppliers
Social Impacts: Community
CEO Message
Approach to Sustainability
Responsible Governance
Environmental Stewardship
Appendices
About This Report
About Kum Shing
Contents
CEO Message
CEO Message
2
Social Impacts: People
33 34 40 43
Welcome to Kum Shing’s 2024/25 Sustainability Report.
We have strengthened our sustainability governance structures, including the Sustainability Committee and five dedicated Working Groups, bringing together leaders and members from across our organisation to embed sustainable practices into our operations. Our longevity and sustained growth are intrinsically linked to the strong, collaborative relationships we build with our stakeholders, including employees, clients, partners and the community. I extend my heartfelt gratitude to all who have contributed to our achievements this year. Your dedication, expertise and shared commitment continue to drive Kum Shing forward.
Talent Acquisition and Management
The world is evolving rapidly. Dynamics such as decarbonisation imperatives, supply chain volatility, technological advancement and digital transformation are fundamentally reshaping markets and operating environments. As our clients face increasingly complex challenges, we position ourselves as a trusted partner, continuously evolving our capabilities to deliver the solutions they need. Innovation is a central driver of value creation. By driving innovation and harnessing technology, we enhance efficiency for ourselves and our clients. I'm proud that we rank 9th among 130 companies in the Corporate Innovation Index 2024, an initiative funded by the HKSAR Innovation and Technology Commission and developed by the Asia- Pacific Institute of Business of the Chinese University of Hong Kong. We are also honoured to have received five awards at the triennial Construction Industry Council Outstanding Contractor Award, including the "Outstanding Contractor Award"—recognition of our high standards in corporate innovation, professionalism, revitalisation, safety culture, and environmental, social and corporate governance. The urgency of climate action has never been clearer. We are already experiencing the impacts of climate change, such as extreme weather, rising sea levels, floods and tropical cyclones, which are projected to become more severe and widespread. Building a sustainable future presents both challenges and opportunities. It requires substantial investment to reinvent every industry and accelerate the transition to a carbon neutral, net-zero economy. As an energy infrastructure specialist in Hong Kong, we recognise our crucial role in driving this transition. Our sustainability strategic plan guides our people and business towards fulfilling our commitments, including operating more efficiently and generating fewer emissions.
Talent Development
About This Report
3 3 4
Occupational Health and Safety
Reporting Frameworks and Principles
Reporting Boundary
Social Impacts: Clients and Suppliers
53 54 56
Quality Management
About Kum Shing
5 6 6 7
Supply Chain Management
Who We Are How We Act What We Do
Social Impacts: Community
57 57
Community Investment Management Community Investment Highlights
58 Project Community Impact Management 60
Yet, we remain mindful that our journey is ongoing. As we transition to carbon neutrality and net zero while adapting
Approach to Sustainability Sustainability Governance Sustainability Strategy Stakeholder Engagement
9
10 12 18 19 21 22 27 29 30 30 32
to evolving market dynamics, we will uphold our spirit of excellence, embrace innovation and sustainability, and learn from experience.
Environmental Stewardship Environmental Management
61 62 63 65
Materiality Assessment
Climate Change
Decarbonisation, Resource Efficiency
Responsible Governance Corporate Governance
and Circularity
Rex Wong JP CEO
Risk Management
Appendices
69 69 80
Business Ethics and Integrity
Legal Compliance
Appendix A: Key Statistics Appendix B: Memberships and Major Awards Appendix C: Content Indices
Information Security and Privacy Innovation and Professionalism
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1 KUM SHING SUSTAINABILITY REPORT 2024/25
KUM SHING SUSTAINABILITY REPORT 2024/25
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