Performance Summary of Our Annual Commitments

Our sustainability strategy defines ambitious annual commitments that align with 3Ps and United Nations Sustainable Development Goals (UNSDGs), material topics and management tools to create Places with Heart. The Group’s progress and the department’s target achievement are reported to the SSC. In the Reporting Period, 37 Group annual commitments and 68 departmental annual commitments were developed, with an overall achievement rate of 84%.

We are actively reviewing these annual commitments and introducing new commitments to ensure that equal emphasis is placed on People, Prosperity and Planet (3Ps).

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People

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Categories

Employee Advancement

Annual Commitments

Provide two sustainability training to 10% of the Group’s colleagues.

Achievement Status

Achieved

Annual Commitments

Provide one to two anti-corruption training(s) to cover 5% of the Group’s colleagues.

Achievement Status

Achieved

Annual Commitments

Provide one to two awareness training(s) about gender equality and reducing inequalities to cover 5% of the Group’s colleagues.

Achievement Status

Achieved

Annual Commitments

Provide one to two anti-discrimination and non-harassment training(s) to cover 5% of the Group’s colleagues.

Achievement Status

Achieved

Wellness

Annual Commitments

Two health talks/training /workshops to promote human health, well-being, and Occupational Health and Safety to 5% of the Group’s colleagues.

Achievement Status

Achieved

Annual Commitments

Seven properties to obtain Indoor Air Quality (IAQ) Certification in Excellent Class.

Achievement Status

In Progress

Annual Commitments

Install a hygiene management system/ equipment in eight properties that were not covered in previous SKPIs

Achievement Status

Achieved

Stakeholder Engagement

Annual Commitments

90% of new tenants and self-fitting-out projects receive our Sustainable Fitting-out Guideline.

Achievement Status

Achieved

Annual Commitments

Participate in four external engagement programmes and conduct four stakeholder engagements to enhance public, public-private and civil society partnerships.

Achievement Status

Achieved

Annual Commitments

Implement Green Tenancy for at least 50% of the new tenants / renewed tenants within two buildings.

Achievement Status

In Progress

Annual Commitments

Organise two educational events (e.g., workshops, exhibitions or campaigns) under the theme of sustainable development and/or climate change.

Achievement Status

Achieved

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Prosperity

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Categories

Green Finance and Responsible Investment

Annual Commitments

Set up a Green Finance Framework and conduct a feasibility study for green financing for projects

Achievement Status

Achieved

Planet

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Categories

Energy Efficiency and Carbon Emissions

Annual Commitments

Connect five buildings to a Centralised Building Management Platform (CBMP)

Achievement Status

In Progress

Annual Commitments

Install Buildings Management System (BMS) for 100% of buildings that are newly built/ under major renovation within the Reporting Period.

Achievement Status

Achieved

Annual Commitments

Install electricity sub-meters in six buildings to monitor tenants' energy consumption.

Achievement Status

Achieved

Annual Commitments

At least three existing sites will install at least 25 new 50Kw quick EV chargers and 13A or above EV chargers for all car parking spaces for new residential projects.

Achievement Status

Achieved

Annual Commitments

14.3% energy intensity reduction (kWh / m<sup>2</sup>) comparing to 2015-2016 (average).

Achievement Status

Achieved

Annual Commitments

20,000 kWh energy generated by renewable energy (“RE”) system (e.g., PV, regenerative lift, heat recovery, etc.), and conduct RE feasibility study

Achievement Status

Achieved

Annual Commitments

Conduct a feasibility study of energy improvement measures for three more existing buildings that previous SKPIs did not cover

Achievement Status

Achieved

Annual Commitments

Purchase 60,000 kWh of Renewable Energy Certificates (RECs).

Achievement Status

Achieved

Annual Commitments

14.3% Carbon intensity reduction (tCO2e / m<sup>2</sup>) comparing to 2015-2016 (average).

Achievement Status

Achieved

Green and Sustainable Building

Annual Commitments

100% of new major projects adopt Building Information Modelling (BIM) throughout the lifecycle

Achievement Status

Achieved

Annual Commitments

100% new major project to target the second-highest green building certification (e.g. BEAM Plus)

Achievement Status

Achieved

Annual Commitments

One project to target the highest-level green building certification rating (BEAM Plus/ LEED/ WELL Certification)

Achievement Status

Achieved

Annual Commitments

Four existing buildings that were not covered in the previous SKPI are to achieve the green building certification (e.g., BEAM Plus Existing Buildings)

Achievement Status

In Progress

Materials and Resources Management

Annual Commitments

Set a baseline for waste disposal amount and establish a "waste reduction proposal" to facilitate waste reduction

Achievement Status

Achieved

Annual Commitments

Donate food surplus to an NGO

Achievement Status

Achieved

Annual Commitments

30% recycling rate for non-inert construction waste.

Achievement Status

Achieved

Annual Commitments

50% paper recycling rate (wastepaper/purchased paper) for all departments (except Nina Hospitality), and 10% paper recycling rate for Nina Hospitality; reduce plastic consumption and facilitate plastic recycling

Achievement Status

Achieved

Annual Commitments

12 properties to obtain Quality Water Supply Certificate.

Achievement Status

Achieved

Annual Commitments

Reduce 10.7% water intensity compared to 2015-2016 (average).

Achievement Status

Achieved

Sustainable Procurement

Annual Commitments

Develop and implement the Group Sustainable Procurement Policy and develop/ upgrade and implement four departmental Sustainable Procurement Guidelines.

Achievement Status

Achieved

Annual Commitments

35% of timber products are purchased from sustainable sources for new major projects.

Achievement Status

Achieved

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Governance

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Categories

Sustainability Governance

Annual Commitments

Revisit the Sustainability Policies & Procedures (“P&P”) and revise it if necessary.

Achievement Status

In Progress

Annual Commitments

Organise four promotional programmes to promote the Group’s branding in sustainability.

Achievement Status

Achieved

Annual Commitments

Revisit our Climate Change Policy/ P&P and revise it if necessary

Achievement Status

Achieved

Annual Commitments

Review and revise relevant P&P to reinforce equal opportunity and reduce inequalities, including gender equality and non-discrimination.

Achievement Status

Achieved

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