We believe that climate change is the greatest threat to mankind and business sustainability, and its effect is global, local and personal.
We recognize our important role in mitigating climate change through our business practices.
As a response we will:
- Become more energy-efficient in our operations;
- Begin to account and reduce the carbon footprint in our operations and our products and services through our own efforts and by influencing our contractors; and
- Continue to ensure the health and viability of our controlled protected areas, which serve as carbon sinks.
Managing Climate Change-Related Risks
The Company has identified climate-change related risks and has developed programs and initiatives for risk management.
Energy Shortage and Scarcity
The Company’s response to such risks is focused on indirect energy reduction. CHI continually explores other technologies to drive efficiencies in energy usage. This includes lighting retrofit to LED and installation of escalators with variable speed drives.
CHI addresses the risk of water scarcity through its water and waste management system. Initiatives are in place to reduce water consumption. Wastewater quality from Company-owned properties is set within limits prior to discharge. Rainwater harvesting and water reuse are integrated in property management system and construction projects.
The Company implements initiatives to improve its tree scapes and green spaces and improve its storm water management. River clean up and dredging are conducted semi annually in partnership with the city government and emergency preparedness and response trainings are provided to mitigate flooding particularly in the Company’s properties.
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