2 May 2025 (Hong Kong) - Jardine Matheson (‘the Group’ or ‘Jardines’) is pleased to announce the release of our Sustainability Report 2024. The report details the Group’s sustainability performance and the progress we have made on our sustainability strategy, including on our ambition to reach net-zero by 2050.
Guided by our ‘Building Towards 2030’ strategy, Jardines adopts a long-term view towards growth. We are committed to strengthening resilience in our portfolio of businesses and the communities we serve to deliver sustainable, enduring value for all stakeholders.
Our sustainability strategy is built on three strategic pillars: Leading Climate Action, Driving Responsible Consumption, and Shaping Social Inclusion. Highlights for 2024 include:
Leading climate action
- Total Greenhouse gas (GHG) emissions remained steady over the past three years, even with growth across our key portfolio companies
- Three portfolio companies, JEC, JRG, and Zung Fu, achieved SBTi target validation for Scope 1, 2, and 3 emissions in 2024, joining DFI, Gammon, Hactl, and Hongkong Land and bringing the total number of companies with SBTi validation to seven.
- 41 per cent of energy across the Group was derived from renewable sources
Driving responsible consumption
- 95 per cent of waste was diverted, while total disposed waste decreased by 2 per cent
Shaping social inclusion
- A total of over US$58m community investment was made across the Group
- More than 1.2 million beneficiaries were impacted through community programmes across the Group’s markets
These efforts and enhanced disclosure practices have been recognised by our stakeholders and are reflected in our improved ESG ratings from MSCI, S&P Global, and Sustainalytics.
Commenting on the launch of Sustainability Report 2024, Jonathan Lloyd, Group Head of Corporate Affairs and Sustainability said, “Delivering long-term value has always been integral to Jardines’ strategy. Jardines remains steadfast in our commitment to achieving our sustainability goals in order to build resilience and deliver sustainable value across our portfolio companies.”
About Jardine Matheson
Jardine Matheson is a diversified, Asian-focused investment company. Founded in China in 1832, Jardines’ long-term success has been driven by our adaptability and resilience. Our aim is to deliver superior, long-term returns for Jardines’ shareholders from a portfolio of market-leading businesses, strategically positioned to capture growth opportunities driven by themes such as urbanisation and the expanding middle-income population across Asia. These companies are active in the fields of automotive and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, transport services, restaurants, luxury hotels, financial services, heavy equipment, mining and agribusiness. We are proud to build value for shareholders while also making a positive contribution to the communities we serve.
Jardine Matheson Holdings Limited is incorporated in Bermuda and has a primary listing in the equity shares (transition) category of the London Stock Exchange, with secondary listings in Bermuda and Singapore.
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