Our Journey, Our Sustainability Strategy
Value Creation through 3Ps —
People, Prosperity and Planet
Being a purpose-driven enterprise, the Group actively seeks to make a positive contribution to society through its adherence to the Triple Bottom Line, a commitment that benefits People, brings Prosperity to the community, and preserves the Planet (3Ps).
People
People
Working together with our colleagues, customers, and other stakeholders to reach our sustainability vision and have the most positive effect on the communities we serve
- Valuing and enhancing our people
- Embedding diversity and inclusion into our culture and services
- Supporting vulnerable groups in society
- Providing the elderly with happier and healthier lives
- Inspiring the next generation
Prosperity
Prosperity
Shaping a prosperous future focusing on technology innovation and sustainable investment
- Accelerating the development and adoption of innovative solutions to enhance our future-adaptive capability
- Embedding ESG into decision-making to ensure meaningful and sustained investments
Planet
Planet
Always working to minimise our impact on the environment and do our part in tackling challenges caused by climate change
- Ensuring ethical and sustainable sourcing of materials
- Designing and developing our projects sustainably
- Reducing the use of resources in our development and operations
- Evolving our strategies and measures to be more climate resilient
People
Working together with our colleagues, customers, and other stakeholders to reach our sustainability vision and have the most positive effect on the communities we serve
- Valuing and enhancing our people
- Embedding diversity and inclusion into our culture and services
- Supporting vulnerable groups in society
- Providing the elderly with happier and healthier lives
- Inspiring the next generation
Our Sustainability Milestones
2022
2022
- Being Hong Kong’s second real estate developer to have completed SBTi validation with a 1.5°C-aligned target, with the “Chinachem Group Carbon Reduction Roadmap - CCG 3050+” (CCG 3050+) in place which aims to reduce carbon emissions by more than 50% by 2030
- Signed the second sustainability-linked loan facility totalling HK$1 billion to support the advancement of the Group’s sustainability goals
- Opened the city’s largest Community Vaccination Centre on private land, offering convenient vaccination services for hundreds of thousands
2021
2021
- Signed the operation contract for the Central Market Revitalisation Project to shape Central Market as a “Playground for All”.
- Being the first real estate developer in Hong Kong to introduce concrete Modular Integrated Construction (MiC) in a private residential project
- Established a Green Finance Framework to fund projects that will deliver environmental benefits to support the Group’s business strategy and sustainability vision
- Signed the first sustainability-linked loan facility of HK$1 billion
- Teamed up with HKSTP to accelerate smart city start-ups development and pilot-first technology adoption in Hong Kong
- Supported an Urban Climb 300M+ Wheelchair-bound Athlete, Lai Chi-wai complete Nina Tower Charity Climbing Challenge
- Funded the Chinachem Lai Chi Wo Story Room to preserve Hong Kong's intangible cultural heritage
- Signed a MoU with an engineering company to foster collaboration on Healthcare Facilities Management
- Chinachem Group Sustainability Conference 2021 with focus on multi-dimensional solutions to shape a smart city for all ages
2020
2020
- Announced brand rejuvenation in celebration of its 60th Anniversary and repositioning as a developer of "Places with Heart" – a commitment to positively impacting people, the community and the environment.
- Formed the Sustainability Steering Committee and the Sustainability Task Force to drive the sustainability journey of the Group
- Being the first real estate developer in Hong Kong to introduce “Enertainer” to promote clean energy use on construction sites
- One Hennessy and Mount Anderson were featured in World Sustainable Built Environment Online Conference 2020 Hong Kong Report.
- Signed a Memorandum of Understanding (“MoU”) with Smart City Consortium to foster smart city development and cybersecurity standards
- Published the first Sustainability Report, detailing the Group's sustainability performance in FY2019/20.
2019
2019
- Established the “CCG 3038 - Strategic Roadmaps and 2019 Sustainability Plan”, a commitment to reducing carbon emissions by 38% by 2030
- Secured the first green development club loan for the Group's development project in Ho Man Tin, Hong Kong
- Signed a 5-year collaborative agreement with CLP Power to increase the energy efficiency of Nina Tower
- Chinachem Sustainability Conference 2019 - “Sustainable Neighbourhood: How to Foster Age-friendly Developments.”
