HKIA strives to become World’s Greenest Airport.

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Airport Authority Hong Kong (AAHK) launched its Sustainability Report 2021/22 outlining the sustainability efficiency of Hong Kong International Airport (HKIA) within the fiscal yr ending 31 March 2022 alongside its roadmap to turning into the World’s Greenest Airport.

The report marks 10 years of sustainability reporting for AAHK, which demonstrates its dedication to constructing resilience and enhancing the disclosures and transparency of HKIA as a world aviation hub. Highlights of the version this yr embody: AAHK obtained an inaugural ranking of 74 out of 100 for its environmental, social and governance efficiency from Standard & Poor Global Ratings (S&P), reflecting what S&P describes as AAHK’s “good capabilities to tackle its reasonable but rising environmental and social publicity, and deal with sustaining its capability to navigate potential disruptions.

HKIA Decarbonisation Roadmap to 2035 was developed to present an overarching framework for the mixed carbon discount efforts of AAHK and its enterprise companions to ship a 55% discount in absolute emissions throughout the airport by 2035 towards a 2018 baseline, as a midpoint goal to obtain Net Zero Carbon in 2050.

AAHK launched a brand new Climate Adaptation and Resilience Plan whereas persevering with to report on its technique and efforts for local weather change threat mitigation and resilience in its second Task Force on Climate-related Finance Disclosures (TCFD) Statement, with strengthened disclosures on sustainability governance construction. Green Airport Design and Construction Strategy provides a constant method for embedding inexperienced design rules and sustainable development methods in tasks undertaken by AAHK and its companions.

Hong Kong International Aviation Academy’s new campus got here into service to assist the event of the business. A Sustainable Finance Transactions Annual Report was included within the report for the primary time, offering particulars on the usage of proceeds in addition to the estimated impacts of AAHK’s inaugural inexperienced bond issued in January 2022. The Sustainability Report 2021/22 explicitly aligned with the United Nations Sustainable Development Goals for the primary time by way of a complete mapping train.

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