Environment> Progress Against 2002 Targets

PROGRESS AGAINST 2002 TARGETS

During 2002, we fully achieved 88% of the 151 environmental targets presented in the last year's Corporate Sustainability Report. A discussion on those targets not fully achieved is presented at the end of this section. The full list of targets is available in the MTR Corporation Sustainability Report 2001.

Division	No. of Targets	No. of Fully Achieved Targets	% of Fully Achieved Targets
Corporate	4	4	100%
Finance	12	11	92%
Human Resources	12	10	83%
Legal and Procurement	13	13	100%
Operations	35	35	100%
Projects	21	21	100%
Property Development	34	22	65%
Property Management	20	17	85%
TOTAL	151	133	88%

Of particular interest is MTR's progress towards achieving the targets set for the corporation as a whole.

Target	Progress
To achieve certification to IS014001 (the international environmental management system standard) in 2003.	Achieved - formal certification ceremony held in March 2003.
To continue to move from a large number of process-oriented targets to a smaller number of quantitative process and performance targets with a view to developing Key Performance Indicators (KPIs) in 2003.	Achieved as part of ISO14001 implementation. Key Performance Indicators to be developed in 2003.
To extend the roll out of the Green Procurement policy.	Achieved. Environmental questionnaires included in Pre-Qualification requirements.
To develop a better understanding of paper consumption with a view to setting a quantitative reduction target in 2003.	Achieved. 2003 target of 5% paper reduction for selected Departments.