Completion of an Embodied Carbon Pilot Study at One Taikoo Place

During the construction of One Taikoo Place, which was completed in 2018, we collected data on carbon emissions from construction activities and the amount of embodied carbon in key construction materials.

In 2019, we completed an evaluation of the cradle-to-site carbon footprint data of One Taikoo Place, with technical support from a research team from the Hong Kong University of Science and Technology’s Department of Civil and Environmental Engineering.

The key findings are as follows:

• The Scope 3 emissions (indirect emissions that occur along the value chain) significantly outweigh Scope 1 emissions (direct carbon emissions from energy combustion on-site) and Scope 2 emissions (indirect carbon emissions from electricity consumption).
• The embodied carbon in the building’s concrete, rebar and structural steel contributes to nearly 90% of One Taikoo Place’s total carbon emissions.

Further data analysis will allow us to identify measures to achieve carbon reduction in future development projects, including procuring low-carbon concrete and steel and improving the structural design of our developments.

We have also established a carbon accounting tool for measuring embodied carbon in new development projects.