Sustainability Report 2021

Year: 2021
Published: 2022-03-30
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2021 Report Pages
Nitrogen oxides (NOx) emissions kg 2.01 47
Particulate matter (PM) emissions kg 0.11 47
Sulphur oxides (SOx) emissions kg 0.06 47

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2019 2020 2021 Report Pages
Greenhouse Gas (GHG) Emission – Intensity tCO₂e/ft² 0.0082 0.0078 0.0073 44
Greenhouse Gas (GHG) Emission – Scope 1 tCO₂e 42 23 548 44
Greenhouse Gas (GHG) Emission – Scope 2 tCO₂e 43154 41139 37922 44
Greenhouse Gas (GHG) Emission – Scope 3 tCO₂e -5636 -5781 -5000 44
Greenhouse Gas (GHG) Emission – Total Emission Tonnes of carbon dioxide equivalent (tCO₂e) 37560 35376 33469 44
Reduction in carbon intensity reduction 35 6
Refrigerant refilled Kilograms 1645 818 625 44

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2019 2020 2021 Report Pages
Waste Recycling (Hazardous waste) – Fluorescent tubes Kilograms 1100 2192 5357 44

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2019 2020 2021 Report Pages
Waste Disposal (Non-hazardous waste) – Commercial waste Tonnes 4405 4614 4409 44
Waste Recycling (Non-hazardous waste) – Clothing donation Tonnes 3 3 3 44
Waste Recycling (Non-hazardous waste) – Food waste Tonnes 59 32 29 44
Waste Recycling (Non-hazardous waste) – Glass Tonnes 4 3 2 44
Waste Recycling (Non-hazardous waste) – Metal Tonnes 3 3 3 44
Waste Recycling (Non-hazardous waste) – Paper Tonnes 1213 1237 1100 44
Waste Recycling (Non-hazardous waste) – Plastic Tonnes 4 9 3 44
Waste Recycling (Non-hazardous waste) – Total Tonnes 1286 1287 1140 44

Description of emissions target(s) set and steps taken to achieve them.

Indicator Unit 2021 Report Pages
Carbon intensity reduction (Climate Resilience and Adaptation) % reduction 35 12
Reduction in carbon intensity using a 2005 baseline % reduction 35 14

Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.

Indicator Unit 2019 2020 2021 Report Pages
Refrigerant recycled Kilograms 200 185 725 44

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2019 2020 2021 Report Pages
Diesel Litres 3324 4152 4383 44
Direct Energy Consumption (Town gas + Petrol + Diesel) MWh 142 92 121 44
Energy Intensity MWh/ft² 0.012 0.011 0.012 44
Petrol Litres 4055 2821 4200 44
Purchased Electricity – Head Office MWh 365 347 209 44
Purchased Electricity – Properties in Hong Kong MWh 53373 50441 53200 44
Purchased Electricity – Total MWh 53398 50788 53409 44
Reduction in electricity purchased reduction 22 6
Reduction in electricity purchased using a 2005 baseline % reduction 22 14
Renewable Energy generated and consumed on-site kWh 6126 7153 44
Renewable energy generated kWh, kWh generated 14004 6, 12, 14
Total Energy Consumption MWh 54080 50880 53530 44
Town gas Unit 5390 1858 2947 44

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2019 2020 2021 Report Pages
Municipal water consumption 241415 251860 295889 44
Water consumption intensity m³/ft² 0.053 0.055 0.065 44

Description of energy use efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2021 Report Pages
Electricity purchased reduction (Energy Efficiency & Reduction) % reduction 22 12
Energy audit completion (percentage of total electricity consumption of building operations) % completed 20 12
Energy audit completion for 75% of total electricity consumption of building operations % completed 20 14
Energy audit completion for total electricity consumption of building operations completed 20 6
Net Proceeds Allocated to Energy Efficiency from Sustainable Bond HK$ million 35 42

Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.

Indicator Unit 2021 Report Pages
GRESB Green Star designation Green Star 38
GRESB public disclosure rating A 38
Global Real Estate Sustainability Benchmark (GRESB) rating star four-star 38
People participated in promoting an eco-conscious community people 1943 6

Description of the significant climate-related issues which have impacted, and those which may impact, the issuer, and the actions taken to manage them.

Indicator Unit 2021 Report Pages
Maturity Date of First Sustainable Bond Issued 27 July 2026 42

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Indicator Unit 2019 2020 2021 Report Pages
Debt financed by sustainable finance instruments % of debt 21 14
Management positions held by women % 49 7, 30
Total Workforce 514 500 467 45
Workforce by Age Group: Aged 29 or below 98 86 70 45
Workforce by Age Group: Aged 30-39 143 142 129 45
Workforce by Age Group: Aged 40-49 138 138 147 45
Workforce by Age Group: Aged 50 and above 135 134 121 45
Workforce by Employee Category: Head Office Employee 197 189 171 45
Workforce by Employee Category: Principal Operating Subsidiaries 317 311 296 45
Workforce by Employee Type: Full-time 514 500 467 45
Workforce by Gender: Female 197 190 177 45
Workforce by Gender: Male 317 310 290 45
Workforce by Geographical Region: Hong Kong 514 500 467 45

Employee turnover rate by gender, age group and geographical region.

Indicator Unit 2019 2020 2021 Report Pages
Employee Turnover Rate by Age Group: Aged 29 or below 32 % 20 % 54 % 45
Employee Turnover Rate by Age Group: Aged 30-39 20 % 13 % 32 % 45
Employee Turnover Rate by Age Group: Aged 40-49 18 % 9 % 19 % 45
Employee Turnover Rate by Age Group: Aged 50 and above 6 % 4 % 11 % 45
Employee Turnover Rate by Employee Category: Head Office Employee 18 % 7 % 36 % 45
Employee Turnover Rate by Employee Category: Principal Operating Subsidiaries 19 % 13 % 20 % 45
Employee Turnover Rate by Gender: Female 20 % 14 % 32 % 45
Employee Turnover Rate by Gender: Male 16 % 9 % 22 % 45
Employee Turnover Rate by Geographical Region: Hong Kong 18 % 10 % 26 % 45

Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.

Indicator Unit 2019 2020 2021 Report Pages
Injury Rate: Contractor 0 % 0 % 0 % 45
Injury Rate: Employee 2.14 % 3.40 % 2.35 % 45
Workplace injury rate % 2.35 7, 30
Zero work-related fatalities zero 30

Lost days due to work injury.

Indicator Unit 2019 2020 2021 Report Pages
Lost Day Rate 0.012 % 0.14 % 0.04 % 45
Work-related Lost Days due to Injuries 175 204 55 45

Description of occupational health and safety measures adopted, and how they are implemented and monitored.

Indicator Unit 2021 Report Pages
New health protection programmes added eye-health self exercises, yoga classes, Thai boxing experience, Singing Bowl relaxation sessions, nutrition talks, family care tips for employees with children starting secondary school and vaccine information talks 30

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Indicator Unit 2020 2021 Report Pages
Annual average employee participation rate % 64 7, 30
Increase in number of employee engagement activities offered % increase 10 7, 30
Increase in number of learning activities offered % increase 15 7, 30
Percentage of Employees Trained by Employee Category: Head Office Employee 100 % 100 % 45
Percentage of Employees Trained by Employee Category: Principal Operating Subsidiaries 100 % 100 % 45
Percentage of Employees Trained by Gender: Female 100 % 100 % 45
Percentage of Employees Trained by Gender: Male 100 % 100 % 45

The average training hours completed per employee by gender and employee category.

Indicator Unit 2019 2020 2021 Report Pages
Average Training Hours Completed per Employee hours 23.48 18.86 21.95 45
Average Training Hours Completed per Employee by Employee Category: Head Office Employee hours 20.39 20.59 18.26 45
Average Training Hours Completed per Employee by Employee Category: Principal Operating Subsidiaries hours 25.4 16.06 24.08 45
Average Training Hours Completed per Employee by Gender: Female hours 19.44 26.38 45
Average Training Hours Completed per Employee by Gender: Male hours 11.63 19.23 45
Increase in training hours per employee % increase 9 7, 30
Total Training Hours hours 12069 9430 10252 45
Total Training Hours on Safety and Health Related Topics hours 2015 2137 3176 45

Number of suppliers by geographical region.

Indicator Unit 2021 Report Pages
Number of Local Vendors (Property Management Services) >99% 705 19
Number of Overseas Vendors (Property Management Services) <1% 2 19
Total Allocated Proceeds from Sustainable Bond HK$ million 81 42
Total Number of Vendors (Property Management Services) 707 19

Description of practices used to promote environmentally preferable products and services when selecting suppliers, and how they are implemented and monitored.

Indicator Unit 2021 Report Pages
Expenditure on sustainable procurement HKD 133M 14
Total estimated expenditure on sustainable procurement million HKD 133 19

Number of products and service related complaints received and how they are dealt with.

Indicator Unit 2021 Report Pages
Coupon Rate of First Sustainable Bond Issued % 1.5 42

Description of practices relating to observing and protecting intellectual property rights.

Indicator Unit 2021 Report Pages
Principal Amount of First Sustainable Bond Issued HK$ million 400 42

Number of concluded legal cases regarding corrupt practices brought against the issuer or its employees during the reporting period and the outcomes of the cases.

Indicator Unit 2021 Report Pages
FTSE4Good Index Series membership constituent member 38

Description of anti-corruption training provided to directors and staff.

Indicator Unit 2021 Report Pages
Credit Rating of First Sustainable Bond Issued Rated A3 by Moody's 42

Focus areas of contribution (e.g. education, environmental concerns, labour needs, health, culture, sport).

Indicator Unit 2021 2021-2022 Report Pages
First Sustainability-Linked Loan Total Amount HK$ million 965 42
Hang Seng Corporate Sustainability Benchmark Index rating AA 38
Impact partners (NGOs, SMEs) engaged partners 33 6
MSCI ESG Ratings assessment A 38
Net Proceeds Allocated to Affordable Basic Infrastructure from Sustainable Bond HK$ million 32 42
Net Proceeds Allocated to Pandemic & Infection Related CAPEX & OPEX from Sustainable Bond HK$ million 14 42
Participants engaged in community initiatives participants 38000 6
People drawn to Hysan campaigns promoting local businesses people 672000 6
Sustainalytics ESG Risk Rating Low Risk 38

Resources contributed (e.g. money or time) to the focus area.

Indicator Unit 2021 Report Pages
Unallocated Proceeds from Sustainable Bond HK$ million 318 42

The types of emissions and respective emissions data.

Standard Indicator Unit 2021
Airborne Particulate Matter (PM) Emissions kg 0.11
NOₓ Emissions kg 2.01
SOₓ Emissions kg 0.06

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2019 2020 2021
Direct GHG Emissions (Scope 1) tCO₂e 42 23 548
Indirect Energy Emissions (Scope 2) tCO₂e 43154 41139 37922
Total GHG Emissions tCO₂e 37560 35376 33469
Total GHG Emissions Intensity (By Area) tCO₂e/ft² 0.0082 0.0078 0.0073
Total Other Indirect Energy Emissions (Scope 3) tCO₂e -5636 -5781 -5000

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2019 2020 2021
Hazardous Waste Recycled Kilograms 1100 2192 5357

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2019 2020 2021
Diversion Rate of Non-Hazardous Waste Percent 22.6 21.8 20.5
Glass Waste Tonnes 4 3 2
Non-Hazardous Waste Disposed Tonnes 4405 4614 4409
Non-Hazardous Waste Recycled Tonnes 1286 1287 1140
Paper Waste Tonnes 1213 1237 1100
Plastic Waste Tonnes 4 9 3
Recycling Rate of Non-Hazardous Waste Percent 22.6 21.8 20.5

Description of emissions target(s) set and steps taken to achieve them.

Standard Indicator Unit 2021
Target GHG Emissions Reduction Percentage by 2030 Compared to 2005 % reduction 35

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2019 2020 2021
Diesel Fuel Consumption Litres 3324 4152 4383
Energy Consumption Intensity (By Area) MWh/ft² 0.012 0.011 0.012
Gasoline Consumption Litres 4055 2821 4200
Purchased Electricity MWh 53398 50788 53409
Renewable Energy Consumption MWh 6.126 7.153
Total Direct Energy Consumption MWh 142 92 121
Total Energy Consumption MWh 54080 50880 53530

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2019 2020 2021
Municipal Water Consumption 241415 251860 295889

Description of energy use efficiency target(s) set and steps taken to achieve them.

Standard Indicator Unit 2021
Electricity Usage Reduction Percentage Compared to Last Year % 22
Investment in Energy-saving and Emission-reduction Technology Transformation HK$ million 35

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Standard Indicator Unit 2019 2020 2021
Number of Employees Aged 30-50 281 280 276
Number of Employees Aged Above 50 135 134 121
Number of Employees Aged Below 30 98 86 70
Number of Employees in Hong Kong 514 500 467
Number of Female Employees 197 190 177
Number of Full-time Employees 514 500 467
Number of Male Employees 317 310 290
Number of Total Employees 514 500 467
Percentage of Employees Aged 30-50 % 54.67 56 59.1
Percentage of Employees Aged Above 50 % 26.26 26.8 25.9
Percentage of Employees Aged Below 30 % 19.06 17.2 15
Percentage of Female Employees % 38.33 38 37.9
Percentage of Full-time Employees % 100 100 100
Percentage of Male Employees % 61.67 62 62.1

Employee turnover rate by gender, age group and geographical region.

Standard Indicator Unit 2019 2020 2021
Turnover Rate of Employees Aged 30-50 % 19 11 26
Turnover Rate of Employees Aged Above 50 % 6 4 11
Turnover Rate of Employees Aged Below 30 % 32 20 54
Turnover Rate of Employees in Hong Kong % 18 10 26
Turnover Rate of Female Employees % 20 14 32
Turnover Rate of Male Employees % 16 9 22

Lost days due to work injury.

Standard Indicator Unit 2019 2020 2021
Lost Days Due to Work-related Injuries days 175 204 55

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Standard Indicator Unit 2020 2021
Percentage of Employees Trained % 100 100
Percentage of Trained Female Employees % 100 100
Percentage of Trained Male Employees % 100 100

The average training hours completed per employee by gender and employee category.

Standard Indicator Unit 2019 2020 2021
Average Training Hours (Female) hours 19.44 26.38
Average Training Hours (Male) hours 11.63 19.23
Average Training Hours per Employee hours 23.48 18.86 21.95
Total Training Hours hours 12069 9430 10252

Number of suppliers by geographical region.

Standard Indicator Unit 2021
Number of Local Suppliers 705
Number of Suppliers in Overseas 2
Number of Total Suppliers 707
Proportion of Spending on Local Suppliers % 99

Percentage of total products sold or shipped subject to recalls for safety and health reasons.

Standard Indicator Unit
Percentage of Recalled Products for Safety and Health Reasons