Glossary
44
Hopewell Holdings Limited
Sustainability Report 2010/11
Building Environmental Assessment
Method (BEAM)
A voluntary scheme and leading initiative in Hong Kong aiming to benchmark and improve environmental
performance of all building types. A common set of performance standards are available for developers,
designers, architects, engineers, contractors and operators to encourage them to reduce the environmental
impacts of buildings through the planning, design, construction, management and demolition life cycle
Carbon Audit
A carbon audit, sometimes referred to as a ‘carbon footprint’, is a systematic means of measuring and recording
the greenhouse gases emissions of an organisation or a building within a defned system boundary. This
includes measurement of all greenhouse gases produced in daily operation through burning fossil fuels for
electricity, heating, transportation, etc, usually in the unit of tonnes (or kg) of carbon dioxide equivalent
Energy Audit
An energy audit is a regular review of the usage of energy in a building to increase effectiveness of energy.
The auditors examine the energy account of energy consuming equipment, check the way energy is used in its
various components, and identify saving opportunities.
Forest Stewardship Council (FSC)
Set up in 1993 following the Rio environmental summit, the FSC is a non-governmental, non-proft organisation
that promotes environmentally responsible, socially acceptable and economically sustainable use of forests.
The most important tool used in the marketing of these forest products (such as paper) is the FSC seal that is
placed on products meeting these criteria
Global Reporting Initiative (GRI)
A multi-stakeholder-governed institution which provides a framework for sustainability reporting. This globally
recognised framework sets out the principles and indicators that entities can use to measure and report their
economic, social and environmental performance
Global Reporting Initiative ‘Level B’
This covers the Profle and Management Approach disclosures of the reporting company and minimum 20 GRI
Performance Indicators, including at least one from each of the economic, environment and social indicators
Greenhouse Gas (GHG)
Greenhouse gases include carbon dioxide (CO
2
), nitrous oxide (N
2
O), hydrofuorocarbons (HFCs), perfuorocarbons
(PFCs), sulfur hexafuoride (SF
6
) and water vapour
Scope 1 emissions: Also known as direct emissions, occur onsite or from sources that a company owns and controls.
This may include the combustion of fuels (e.g. boilers, furnaces, turbines); its vehicle feet; and refrigerants
Scope 2 emissions: Indirect emissions that result from the generation of the electricity, heat or steam a
company purchases
Scope 3 emissions: All indirect emissions other than those covered by Scope 2. Examples include emissions
associated with waste-related emissions and any business travel or employee commuting in vehicles not owned
or controlled by the company
Hong Kong Energy Effciency
Registration Scheme
for Buildings
This scheme was launched by the Electrical and Mechanical Services Department for promoting the application
of Building Energy Codes (BEC) since October 1998. It provides an offcial platform for interested parties to
register their buildings which comply with BEC, which requires commercial buildings to conduct energy audits
effective from 21 Feb 2011. Previously, energy audits were voluntary
NOSA
NOSA stands for National Occupational Safety Association. It is a wholly owned subsidiary of MICROmega
Holdings Limited, a company listed on the Johannesburg Stock Exchange. NOSA is a leading global supplier of
occupational risk management services and products for mining operations
Panda Place
Panda Place is a shopping mall located on the second foor, ground foor and three basement levels of Panda Hotel
Stakeholder Engagement
The stakeholder engagement process starts with identifying an organisation’s key stakeholders who
have vested interests in the organisation. Through a constructive conversation with them, this enables
the organisation to collect feedback on its corporate performance (eg, in terms of its corporate strategies,
operation, governance, environmental and social performance), and to identify what really matter to these key
stakeholders and their various expectations on how things can be changed.