Overview

Our Legacy in Hong Kong’s Skyline

Our achievements are a testament to the resilience, passion, and dedication of our exceptional team, the trust of our valued clients, and the steadfast support of our shareholders, CKI and Heidelberg Materials. Together with our clients, we have helped shape Hong Kong’s skyline by contributing to iconic infrastructure, commercial, residential, and industrial developments that define a vibrant and sustainable future.

Accelerating Sustainability Across Four Pillars

The years 2023 and 2024 have been transformative, marked by significant progress across our four sustainability pillars: People, Resources, Community, and Innovation. These efforts align with global and regional goals for decarbonization, responsible business conduct, and environmental stewardship, as well as Hong Kong’s Climate Action Plan 2050.

Safety First, Always

Safety is the top priority across all our businesses and operations. For three consecutive years, we have recorded zero fatalities and lost-time injuries—an achievement that reflects our deeply embedded safety culture and unwavering commitment to safety excellence. The launch of our “SMART” app has transformed hazard reporting, with over 800 cases logged and 500 safety conversations initiated. Initiatives such as the HSE Award Scheme, Visible Felt Leadership, Safety Stand Down events, and enhanced workplace standards reinforce our “Zero Harm” ambition. We also support the development of the next generation through summer internships in collaboration with universities and academic institutions across Hong Kong.

Empowering People, Building the Future

Our people are at the heart of everything we do. At Alliance, we believe that investing in our people is investing in our future. Over the past two years, we have welcomed a new generation of young talents into the Alliance family to revitalize our workforce and bring fresh perspectives to our operations. In parallel, we have expanded our learning and development programs to equip our teams with the skills needed to thrive in a rapidly evolving industry. These initiatives are designed to foster a culture of continuous learning and innovation, empowering our people to grow, lead, and shape the future of the industry.

Leading the Low-Carbon Transition

We are steering our transition to a low-carbon economy through innovative solutions and process efficiencies. We proactively expand our product portfolio to meet the anticipated growing demand for sustainable construction materials. Today, 63.4% of our concrete products are certified as low-carbon concrete under the CIC Carbon Labelling Scheme.

By developing a wide range of sustainable concrete mixes, we support our clients in achieving their most ambitious construction goals. We also completed a one-year trial of Hong Kong’s first battery electric concrete mixer truck, generating valuable insights to support the industry’s transition to clean energy transport.

Community Care in Action

We are committed to being a responsible neighbor and a positive force in the communities we serve. Through the STW Liaison Group and initiatives such as our annual “Run for Hope” charity event, which successfully raised funds to support Po Leung Kuk, we have strengthened our community engagement. We continue to minimize our operational footprint through proactive pollution prevention and control measures. These efforts reflect our dedication to preserving ecosystems and enhancing the well-being of those around us.

Innovating for Smarter, Greener Operations

Innovation is the backbone of our strategy. Digital tools and smart solutions—such as the eDocket app and the “Load and Go” automated truck washing system—have streamlined operations and enhanced both efficiency and reliability. Our 5-axle concrete mixer truck fleet has increased lifting capacity while reducing carbon emissions by over 10%. We are investing in AI-driven technologies to optimize processes, improve reliability, reduce emissions, and lower costs. Our digital concrete loading system, used in conjunction with the eDocket app, ensures 100% accuracy in concrete loading and delivery.

Staying Agile in a Changing World

Looking ahead, we face a complex and evolving landscape shaped by environmental, social, economic, and geopolitical challenges. The construction industry is under increasing pressure to accelerate decarbonization, with global and regional net-zero targets calling for urgent and coordinated action. The path forward will require collaboration across sectors and stakeholders, including government, industry, and academia, to align on shared targets, scalable solutions, and long-term investment in advanced technologies.

At the same time, demographic shifts in Hong Kong, such as an aging workforce and a declining trend in the younger population, pose risks to the industry’s long-term vitality. Economic headwinds may lead to reduced construction activity, tighter budgets, and delays in infrastructure development, potentially impacting demand for our products and services. Meanwhile, global geopolitical tensions and supply chain disruptions could affect the availability and cost of raw materials, adding complexity to logistics and increasing operational costs.

In this environment, we remain focused on agility, innovation, operational excellence and cost efficiency. This focus ensures we continue to deliver value to our clients and shareholders while upholding our sustainability commitments.

Transforming Today to Create Tomorrow

As we have done over the past two decades, we will continue to rise to every challenge with courage and conviction.
Sustainability is not just a goal, it is the essence of who we are. Our commitment to Environmental, Social, and Governance (ESG) principles guides every decision we make. We are resolute in our pursuit of a low-carbon future, leveraging innovation and digital transformation to reduce our environmental impact and drive industry- wide decarbonization. Our governance framework upholds the highest standards of ethics, transparency, and accountability.

As we move forward, our theme “Transform Today, Create Tomorrow” will continue to guide our journey. We will invest boldly in innovation, empower our people, and optimize our resources to overcome the challenges ahead and build a resilient and sustainable future. I invite all our clients, partners, employees, and industry stakeholders to join us on this transformative journey.

Thank you for your continued support and shared commitment to a brighter tomorrow. Together, we will reach new heights and create lasting impact.