Overview
Related Topics
About Us
CK Hutchison is committed to the communities it operates in.

This Environmental, Social and Governance (“ESG”) Report provides an annual update on sustainability performance of CK Hutchison Holdings Limited (“CK Hutchison”, and together with its subsidiaries, the “Group”) for the year ended 31 December 2018.

This report aims to provide a balanced presentation on the Group’s ESG key issues and initiatives covering its five core businesses, namely Ports and Related Services, Retail, Infrastructure, Energy and Telecommunications.

The report incorporates the interests of various stakeholders as reflected to the Group during the year. Selected material quantitative data, detailed ESG requirements, as well as policies and programmes across the Group have been included to illustrate some of the many initiatives that are being implemented by Group companies making positive impact to the community and the environment.

This report is prepared in accordance with Appendix 27 of the Main Board Listing Rules, and the ESG Reporting Guide issued by the Stock Exchange of Hong Kong Limited in 2015.

Approach to ESG Strategy and Reporting
The Group’s ESG philosophy is in alignment with the strategic development of the Group to create long-term value for its stakeholders.

As a multinational conglomerate operating in over 50 countries and a workforce of over 300,000 employees, CK Hutchison is committed to integrating ESG considerations in its daily operations, both at the Group and business levels. The ESG Committee, chaired by an executive director, sets an overtone from a corporate perspective and upholds the Group’s ESG philosophy when key business decisions are made. The ESG Committee instils a culture of risk awareness across the Group. Senior management and the Board discuss and review significant risks, as well as opportunities identified. Management of the Group and business unit levels review and evaluate policies and internal control systems periodically. ESG initiatives are driven by the Group’s businesses which are best in tune with their unique stakeholders. The businesses will regularly review their practices to identify opportunities for improving their performance and creating greater value for stakeholders.

Stakeholder Engagement and Materiality Assessment
CK Hutchison 2018 Annual General MeetingCK Hutchison maintains ongoing dialogues with its key stakeholders, including employees, shareholders & investors, customers, business partners, suppliers, professional institutions, non-government organisations, authorities and media partners. The Group regularly collects views from stakeholders through a variety of channels, such as meetings, liaison groups, panel discussions, workshops, surveys and feedback programmes.

The following table summarises the channels established to engage and communicate with stakeholders to understand their views and expectations.

ESG compliance and how it is leveraged with the Group’s businesses to benefit the community are among the key interests of the Group’s stakeholders.

Given the diversity of the Group’s business operations, the ESG aspects that are considered important and relevant by stakeholder groups vary. Key ESG issues range from sourcing practices to environmental emissions to employment and operating practices, as well as community involvement. The material aspects identified are reviewed annually by the Group’s ESG Committee and Board and updated as appropriate.

The six sections set out in this report summarise the Group’s commitments to Employees, Customers, Supply Chain, Anti-corruption, the Environment and the Community. In each section, key initiatives and activities conducted by representative businesses have been included to demonstrate and highlight our efforts in creating long-term value for the Group’s stakeholders.

For the ESG section in the 2018 Annual Report, please click here.