Paul LAU - Airport Authority

SCA 2018 Construction Manager - Outstanding Award

Practices

The Airport Authority Hong Kong (AA) recently completed the installation of two aviation fuel pipelines connecting the Aviation Fuel Receiving Facility (AFRF) at Sha Chau with Hong Kong International Airport (HKIA), one of the milestone achievements for the Three-runway System (3RS) project. This project is needed as the existing two pipelines connecting the aforementioned locations are laid 10m below the seabed and parts of them lie within the land formation footprint of the 3RS project. Therefore, the existing pipelines are required to be diverted to ensure the continuous supply of fuel to HKIA during the 3RS reclamation works.

Following the 3RS environmentally friendly design and construction principles, HDD, a non-dredged method, was adopted to install two new aviation fuel pipelines in the rock stratum at 100m below seabed to replace the existing fuel pipelines which are directly under the seabed of reclamation footprint of the 3RS project. The HDD method also avoids disturbance to the marine environment.

Paul has been promoting the applications of HDD as a sustainable construction technique through active participations in relevant conferences and meetings.

Paul, as the Project Leader, demonstrated commitments to green project management and achieved its delivery by the HDD contractor to fully protect and minimise disturbance to the terrestrial and marine ecology at and around Sha Chau. He promoted the use of the innovative tunnel intersection technique in the HDD project and avoided any environmental implications. Paul established a management framework that promoted effective knowledge exchange and international, cross-cultural co-operations in science and technological innovations among the project’s team members.

Paul worked closely with the HDD contractor and implemented creative sustainable measures. Key examples include:

  • Design of Contamination Pit – Paul worked with the HDD contractor and designed a compact, multi-functional contamination pit to limit the works area on Sha Chau to within 10m x 10m.
  • Introduce the use of Electric HDD rigs - the use of electricity powered HDD rig has the added value of avoiding any possible fuel spillage and minimise disturbance to the ecology on Sha Chau.
  • Design of drilling fluid recirculation system – Paul directed the implementation of this system to minimise drilling fluid and water use, and maximised the opportunity to reuse the spent drilling fluid in the 3RS project.

About the Model

The HKSAR Chief Executive had announced in the 2017 Policy Address to position Hong Kong as an Asia’s green finance hub for raising green capital. In view of the substantial GDP contributed by the construction sector annually, the construction industry has a high potential to meet the trend of green finance. Thus, there is a need to well define the green standard and system to facilitate the application of green finance in construction industry.

The Model aims to act as an interactive guide on environmental practices and advanced technologies for construction projects which is compatible with international green bond/loan principle. Green finance can mobilise capital for green and low carbon investments in the construction industry. Public owners, developers, contractors and suppliers could issue green financial instruments for funding their projects with reference to the guideline of this model.

Interactive guide to classify construction practices based on green finance principle

Interactive guide to classify construction practices based on green finance principles

User-friendly model for set up its own checklist and sustainability KPIs

User-friendly model for set up its own checklist and sustainability KPIs

Sustainable hub to share latest local and intentional solutions

Sustainable hub to share latest local and international solutions

Why the Industry Needs Green Finance?

  • Green finance providing benefits for assisting the transition from the ‘brown’ to the ‘green’ construction.
  • Green finance can mobilise capital for green and low carbon investments in the construction industry
  • Stakeholders can seek opportunities for long pay back initiatives and low interest rates when adopting advanced and innovative measures.
  • To encourage investors from the Mainland along the Belt and Road as well as international investors to arrange green financing through Hong Kong construction capital markets.

Components of Green Bond/Loan Principles

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Green bond/ loan proceeds are to be applied for environmental (or “green”) projects with an indicative list of eligible project categories. See the figure below for the 10 eligible Green Project Categories.

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Recommends issuers/ borrowers to disclose their overall green objectives, the process used to determine eligibility of green projects, and the process to manage environmental and social risks of these projects.

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The net proceeds of the Green Bond/ Loan, or an amount equal to these net proceeds, should be credited to a sub-account, moved to a sub-portfolio or otherwise tracked by the issuer/ borrower in an appropriate manner, and attested to by the issuer/ borrower in a formal internal process linked to the issuer’s/ borrower’s lending and investment operations for green projects.

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Recommends annual reporting of the amounts allocated and results of the eligible green projects.

Green Project Categories

Key Features

no. of sustainability measures compatible with international green bond and green loan principle
41
no. of sustainability measures compatible with international green bond and green loan principles
no. of stakeholders and green finance experts engaged
162
no. of stakeholders and green finance experts engaged
no. of pilot projects
30
no. of pilot projects

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