2011 - Li & Fung Limited

campaign for our employees to adopt a range of behavioral
changes. Our network of offices around the world also
retrofitted existing lighting, where feasible, with more efficient
LED, CFL and/or T5 fixtures in 2011. All of these efforts resulted
in our global offices reducing our carbon footprint by 18% per
m2 and electricity consumption by 13% per m2 , compared
with 2010. In addition to the environmental benefits of reduced
energy consumption, these measures enabled us to save
approximately US$490,000 per year in energy costs.
Overall in 2011, our total global electricity consumption was
163,461 GJ (45,405,947 KWh) compared with 171,016 GJ
(47,504,4891 KWh) in 2010, and our Scope 1 and 2 greenhouse
gas emissions were 32,120 tons of CO equivalent, compared
2
with 35,630 of the same unit the previous year. This data
comprises part of our disclosure through the Carbon Disclosure
Project. For the third consecutive year, we were awarded the
Energywi$e Excellent rating for our Hong Kong offices and
the “Class of Good” Energywi$e Label under the Hong Kong
Awards for Environmental Excellence program of the Hong
Kong government.
Going forward, we will continue to adopt energy-efficient
technologies, to conserve energy and to support our supply
chain partners to improve their energy efficiency and carbon
intensity.
1 Total electricity consumption and carbon emissions data reported
for 2010 and 2011 covers our office-based activities as these
offices have been involved in our targeted reduction campaigns
and retrofitting projects. The data reported in this report for the year
2010 have been adjusted downward, from what was reported in
our 2010 Annual Report. This adjustment is a result of a revision to
our internal reporting system to both enhance the robustness of the
data and bring the system in line with our financial reporting. The
SUSTAINABILITY (CONTINUED)
WATER AND WASTE
Water scarcity is a significant global challenge and particularly
acute across many key producer economies of Asia. As
noted above, being resource efficient is critical as we expand
our business. In 2011, we consumed 124,064 cubic meters
of water, compared with 105,310 of the same unit in 2010.
Absolute consumption in our offices increased in 2011,
reflecting the expansion of our business operations. However,
our efficiency and conservation efforts resulted in our water
consumption per headcount reducing by 2.8% in the same
year. This was achieved through the use of water-efficient
technology recommended by the IGA and the efforts of our
employees globally to conserve water.
In 2011, our waste reduction campaign again focused on paper,
a significant portion of our offices’ waste stream. As above with
water, our absolute A4 paper consumption increased in 2011
reflecting the expansion of our business operations. However,
we reduced our consumption per person by 10% as a result of
our continued conservation efforts. Our total paper consumption
in 2011 was 149,072 reams compared with 136,6782 reams
in 2010. We also again maintained our “Class of Excellent”
Wastewi$e Label in Hong Kong. We will continue to seek
opportunities to reduce paper, minimize waste, purchase items
with sustainability features and enhance recycling.
reporting scope for the next Annual Report will include LF offices and
other facilities, which are captured in our new SAP Carbon Impact
reporting system that we are rolling out in 2012.
2 For the same reasons noted in footnote #1, our paper data reported
in this report for the year 2010 have been adjusted downward from
what was reported in our 2010 Annual Report.
LI & FUNG LIMITED | ANNUAL REPORT 2011
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