Sustainability Report 2022

Year: 2022
Published: 2023-04-04
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2022 Report Pages
Total emissions of NOx kg 25 130
Total emissions of PM kg 1.83 130
Total emissions of SOx kg 0.72 130

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 2018 2019 2020 2021 2022 2023 2025 Report Pages
2022 KPI: Methodology for collection and accounting of embodied carbon Completed 41
Building operation - HK Tonnes CO2e 613 209 0.61 126
Building operation - MC Tonnes CO2e 2407 2272 3791 126
Building operation - Total Tonnes CO2e 3020 2481 3792 126
Business travel (Cat 6), HK Tonnes CO2e 218 127
Business travel (Cat 6), MC Tonnes CO2e 208 127
Business travel (Cat 6), Total Tonnes CO2e 442 127
Carbon emission intensity (Scope 1 and 2) - building operations only - location-based - HK Tonnes CO2e/m²/year 0.0582 0.0556 0.0534 126
Carbon emission intensity (Scope 1 and 2) - building operations only - location-based - MC Tonnes CO2e/m²/year 0.0467 0.0438 0.0412 126
Carbon emission intensity (Scope 1 and 2) - building operations only - location-based - Total Tonnes CO2e/m²/year 0.0493 0.046 0.0432 126
Carbon emission intensity (Scope 1 and 2) - building operations only - market-based - HK Tonnes CO2e/m²/year 0.0582 0.0556 0.0534 126
Carbon emission intensity (Scope 1 and 2) - building operations only - market-based - MC Tonnes CO2e/m²/year 0.0467 0.0438 0.037 126
Carbon emission intensity (Scope 1 and 2) - building operations only - market-based - Total Tonnes CO2e/m²/year 0.0493 0.046 0.0397 126
Carbon emission intensity (Scope 1 and 2) - location-based - HK kg CO2e/m²/year 58.2 55.6 53.4 126
Carbon emission intensity (Scope 1 and 2) - location-based - MC kg CO2e/m²/year 46.7 43.8 41.2 126
Carbon emission intensity (Scope 1 and 2) - location-based - Total kg CO2e/m²/year 49.3 46 43.2 126
Carbon emission intensity (Scope 1 and 2) - market-based - HK kg CO2e/m²/year 58.2 55.6 53.4 126
Carbon emission intensity (Scope 1 and 2) - market-based - MC kg CO2e/m²/year 46.7 43.8 37 126
Carbon emission intensity (Scope 1 and 2) - market-based - Total kg CO2e/m²/year 49.3 46 39.7 126
Carbon emission intensity of buildings in use (entire portfolio of Hong Kong and the Mainland) tonnes CO2e/m2/year 0.0596 0.0493 0.046 0.0521 130
Company vehicles and vessels - HK Tonnes CO2e 41 46 50.6 126
Company vehicles and vessels - MC Tonnes CO2e 90 109 99 126
Company vehicles and vessels - Total Tonnes CO2e 131 155 150 126
Downstream leased assets (Cat 13), HK Tonnes CO2e 43293 127
Downstream leased assets (Cat 13), MC Tonnes CO2e 85732 127
Downstream leased assets (Cat 13), Total Tonnes CO2e 129026 127
Employee commuting (Cat 7), HK Tonnes CO2e 455 127
Employee commuting (Cat 7), MC Tonnes CO2e 1061 127
Employee commuting (Cat 7), Total Tonnes CO2e 1516 127
GHG Emission Intensity tCO2e/m² 0.062 0.058 0.048 0.044 0.038 41
GHG Intensity % cumulative reduction in GHG intensity (kg CO2e/m²) relative to 2018 40 23
GHG Intensity (Tenants) reduction in GHG intensity from tenants' electricity consumption for properties in mainland China, relative to 2018 % 15 34
Gross Direct emission (Scope 1) - HK Tonnes CO2e 654 255 51.2 126
Gross Direct emission (Scope 1) - MC Tonnes CO2e 2497 2381 3890 126
Gross Direct emission (Scope 1) - Total Tonnes CO2e 3151 2636 3942 126
Gross Indirect emission (Scope 2) - location-based, HK Tonnes CO2e 38585 127
Gross Indirect emission (Scope 2) - location-based, MC Tonnes CO2e 145468 127
Gross Indirect emission (Scope 2) - location-based, Total Tonnes CO2e 184053 127
Gross Indirect emission (Scope 2) - market-based, HK Tonnes CO2e 38585 127
Gross Indirect emission (Scope 2) - market-based, MC Tonnes CO2e 130237 127
Gross Indirect emission (Scope 2) - market-based, Total Tonnes CO2e 168822 127
Gross Indirect emission (Scope 3), HK Tonnes CO2e 107112 127
Gross Indirect emission (Scope 3), MC Tonnes CO2e 336261 127
Gross Indirect emission (Scope 3), Total Tonnes CO2e 443372 127
Reduction in embodied carbon intensity for Shouson Hill Road project (kg CO2e/m²) % ≥10 117
Scope 1 carbon emissions as percentage of total 1% 43
Scope 2 carbon emissions as percentage of total 27% 43
Scope 3 carbon emissions as percentage of total 72% 43
Scope 3 emissions - Business travel (Cat 6) % 0.1% 42
Scope 3 emissions - Capital goods (Cat 2) % 0.5% 42
Scope 3 emissions - Downstream leased assets (Cat 13) % 29.1% 42
Scope 3 emissions - Employee commuting (Cat 7) % 0.34% 42
Scope 3 emissions - End-of-life treatment of sold products (Cat 12) % 0.01% 42
Scope 3 emissions - Fuel and energy related activities (Cat 3) % 3.73% 42
Scope 3 emissions - Investments (Cat 15) % 3.5% 42
Scope 3 emissions - Purchased goods & services (Cat 1) % 56.8% 42
Scope 3 emissions - Waste generated in operations (Cat 5) % 5.92% 42
Total GHG Emissions (Scope 1 & 2) - building operations only - location-based - HK Tonnes CO2e 42019 40189 38585 126
Total GHG Emissions (Scope 1 & 2) - building operations only - location-based - MC Tonnes CO2e 119245 136279 149259 126
Total GHG Emissions (Scope 1 & 2) - building operations only - location-based - Total Tonnes CO2e 161265 176469 187844 126
Total GHG Emissions (Scope 1 & 2) - building operations only - market-based - HK Tonnes CO2e 42019 40189 38585 126
Total GHG Emissions (Scope 1 & 2) - building operations only - market-based - MC Tonnes CO2e 119245 136279 134028 126
Total GHG Emissions (Scope 1 & 2) - building operations only - market-based - Total Tonnes CO2e 161265 176469 172614 126
Total GHG Emissions (Scope 1 & 2) - location-based - HK Tonnes CO2e 42060 40235 38636 126
Total GHG Emissions (Scope 1 & 2) - location-based - MC Tonnes CO2e 119335 136388 149358 126
Total GHG Emissions (Scope 1 & 2) - location-based - Total Tonnes CO2e 161395 176623 187994 126
Total GHG Emissions (Scope 1 & 2) - market-based - HK Tonnes CO2e 42060 40235 38636 126
Total GHG Emissions (Scope 1 & 2) - market-based - MC Tonnes CO2e 119335 136388 134127 126
Total GHG Emissions (Scope 1 & 2) - market-based - Total Tonnes CO2e 161395 176623 172763 126
Total carbon emissions (Scope 1, 2, 3) tonnes CO2e 552000 691000 615000 43
Work with major strategic tenant to pilot plan to reduce GHG intensity from tenant's electricity consumption Completed 45

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

Indicator Unit 2022 2025 Report Pages
Capital goods (Cat 2), HK Tonnes CO2e 1096 127
Capital goods (Cat 2), MC Tonnes CO2e 489 127
Capital goods (Cat 2), Total Tonnes CO2e 2350 127
Hazardous waste disposed - HK kg 576 129
Hazardous waste disposed - MC kg 533 129
Hazardous waste disposed - Total kg 1109 129
Hazardous waste intensity - HK kg/m²/year 0.0008 129
Hazardous waste intensity - MC kg/m²/year 0.0001 129
Hazardous waste intensity - Total kg/m²/year 0.0003 129
Operational Waste % of operational waste diverted from landfill 70 23
Total hazardous waste collected - HK kg 576 129
Total hazardous waste collected - MC kg 533 129
Total hazardous waste collected - Total kg 1109 129
Waste generated in operations (Cat 5), HK Tonnes CO2e 13340 127
Waste generated in operations (Cat 5), MC Tonnes CO2e 12921 127
Waste generated in operations (Cat 5), Total Tonnes CO2e 26262 127

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

Indicator Unit 2022 Report Pages
Diversion rate (from landfill) - HK % 2% 129
Diversion rate (from landfill) - MC % 96% 129
Diversion rate (from landfill) - Total % 56% 129
Municipal solid waste disposed - HK tonnes 21722 129
Municipal solid waste disposed - MC tonnes 21886 129
Municipal solid waste disposed - Total tonnes 43608 129
Recycled waste - Food waste - HK kg 213053 129
Recycled waste - Food waste - MC kg 7939128 129
Recycled waste - Food waste - Total kg 8152181 129
Recycled waste - Glass - HK kg 10900 129
Recycled waste - Glass - MC kg 12182 129
Recycled waste - Glass - Total kg 23082 129
Recycled waste - Metal - HK kg 2865 129
Recycled waste - Metal - MC kg 19669 129
Recycled waste - Metal - Total kg 22534 129
Recycled waste - Paper - HK kg 103148 129
Recycled waste - Paper - MC kg 76589 129
Recycled waste - Paper - Total kg 179746 129
Recycled waste - Plastics - HK kg 1247 129
Recycled waste - Plastics - MC kg 16613 129
Recycled waste - Plastics - Total kg 17860 129
Recycled waste - Textiles/Clothing - MC kg 5000 129
Recycled waste - Textiles/Clothing - Total kg 5123 129
Recycled waste - WEEE - HK pieces 88 129
Waste intensity - HK kg/m²/year 30.5 129
Waste intensity - MC kg/m²/year 8.3 129
Waste intensity - Total kg/m²/year 12 129
municipal waste collected tonnes 52000 55
municipal waste recycled or sent to incineration tonnes 29000 55

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

Indicator Unit 2020 2021 2022 2023 2024 2025 2026 2027 2030 2050 Report Pages
2025 Target: Reduction in embodied carbon intensity for new development projects (from 2022 baseline) reduction in kg CO2e/m² 10% 41
BAU carbon costs across the four most ambitious NGFS scenarios in 2030 HKD HKD 63 million–HKD 1 billion 47
BAU carbon costs across the four most ambitious NGFS scenarios in 2050 HKD HKD 969 million–HKD 14 billion 47
Carbon emissions avoided at Westlake 66 (Hangzhou, mainland China) construction site tonnes of carbon dioxide 80 90
Carbon emissions avoided by using Battery Energy Storage System at 228 Electric Road Redevelopment (Hong Kong) tonnes 43 90
Carbon emissions avoided by using Battery Energy Storage System at The Aperture (Hong Kong) tonnes 66 90
Cumulative reduction in GHG intensity (kg CO2e/m²) relative to 2018 % ≥30 117
Divergent Net Zero scenario carbon costs in 2030 HKD HKD 100 million–HKD 1.02 billion 47
Embodied carbon intensity reduction target for new development projects (compared to typical practice in equivalent building) % reduction (kg CO2e/m2) at least 10 45
GHG Emission Intensity reduction from 2018 baseline 23.38% 28.47% 38.28% 41
GHG Emission Intensity reduction target from 2018 baseline 20% 25% 30% 35% 40% 70% 41
GHG Intensity cumulative reduction relative to 2018 % 40 34
GHG emissions intensity reduction (market-based) compared to 2018 baseline % 38.28 40
GHG emissions intensity reduction from GHG reductions associated with heating demand % 10.66 40
GHG emissions intensity reduction from Hong Kong properties % 3.8 40
GHG emissions intensity reduction from Scope 1 reductions % 0.05 40
GHG emissions intensity reduction from energy efficiency and onsite renewable energy % 16.35 40
GHG emissions intensity reduction from grid decarbonization and Spring City 66’s PPA contribution % 11.22 40
GHG emissions intensity reduction from mainland China properties % 34.48 40
GHG intensity reduction target (kg CO2e/m2) relative to 2018 % 40 40
GHG intensity reduction target from tenants' electricity consumption for properties in mainland China (relative to 2018) % reduction (kg CO2e/m2) 15 45
If Group fully achieves SBTs, reduction in potential carbon costs compared to BAU in 2030 % 47% 47
If Group fully achieves SBTs, reduction in potential carbon costs compared to BAU in 2050 % 95% 47
Plan for reduction of embodied carbon from bamboo, concrete, rebar, insulation, glazing and finish materials through integrated design on future projects Completed 45
Potential carbon cost savings under SBT pathway in 2030 HKD HKD 47 million–HKD 481 million 47
Potential carbon cost savings under SBT pathway in 2050 HKD HKD 4.8 billion–HKD 13.4 billion 47

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 2022 2025 Report Pages
Construction Waste - percentage of construction waste diverted from landfill for new projects starting in 2022 with maximized recycling % 60 50
End-of-life treatment of sold products (Cat 12), HK Tonnes CO2e 62 127
End-of-life treatment of sold products (Cat 12), Total Tonnes CO2e 62 127
Implementation of waste management or reduction measures across the portfolio measures 5 115
Total waste collected - HK tonnes 22053 129
Total waste collected - MC tonnes 29955 129
Total waste collected - Total tonnes 52008 129
Total waste diverted from landfill - HK tonnes 331 129
Total waste diverted from landfill - MC tonnes 28894 129
Total waste diverted from landfill - Total tonnes 29225 129
operational waste diverted from landfill (2025 Target) % 70 55

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 2018 2019 2020 2021 2022 2023 2025 Report Pages
2022 KPI: Direct procurement of renewables for at least one mainland property Completed 43
2022 KPI: portfolio-wide reduction in electricity intensity (kWh/m²) compared to 2018 % 8 51
Construction Floor Area - HK 722185 129
Construction Floor Area - MC 3626621 129
Construction Floor Area - Total 4348806 129
Diesel for emergency generators consumed (HK) GJ 5 9 8 128
Diesel for emergency generators consumed (MC) GJ 43 276 275 128
Diesel for emergency generators consumed (Total) GJ 48 285 283 128
Diesel for vehicles and vessels consumed (HK) GJ 181 224 253 128
Diesel for vehicles and vessels consumed (Total) GJ 181 224 253 128
Direct procurement of renewables for at least one mainland property (Spring City 66, Kunming and Parc 66, Jinan) % renewable electricity 100 115
Electric Vehicle (EV) Charging provision of parking spaces with EV charging facilities across portfolio Wherever feasible exceed local regulations 34
Electricity Intensity % cumulative reduction in electricity intensity (kWh/m²) relative to 2018 18 23
Electricity Intensity (kWh/m²) kWh/m² 82.23 80.79 71.08 73.4 68.78 52
Electricity intensity of buildings in use (HK) kWh/m²/year 94.28 98.11 94.83 128
Electricity intensity of buildings in use (MC) kWh/m²/year 64.51 67.67 63.6 128
Electricity intensity of buildings in use (Total) kWh/m²/year 71.08 73.4 68.78 128
Electricity purchased from non-renewable source (HK) MWh 68088 70850 68483 128
Electricity purchased from non-renewable source (MC) MWh 164567 210736 203931 128
Electricity purchased from non-renewable source (Total) MWh 232654 281586 272414 128
Electricity purchased from renewable source (Total) MWh 26707 128
Electricity self-generated (solar PV) and consumed (MC) MWh 644 619 659 128
Electricity self-generated (solar PV) and consumed (Total) MWh 644 619 659 128
Electricity self-generated (solar PV) and exported (for Feed-in Tariff) (HK) MWh 18 128
Electricity self-generated (solar PV) and exported (for Feed-in Tariff) (Total) MWh 18 128
Fuel and energy related activities (Cat 3), HK Tonnes CO2e 1409 127
Fuel and energy related activities (Cat 3), MC Tonnes CO2e 14393 127
Fuel and energy related activities (Cat 3), Total Tonnes CO2e 16527 127
Gross Floor Area - HK 554896 129
Gross Floor Area - MC 2362639 129
Gross Floor Area - Total 2917535 129
Group overall energy intensity MJ/m² 317 306 50
Group total energy consumption - increase compared to 2021 GJ 115586 50
Mainland China portfolio electricity demand met by renewable energy % 18 117
Petrol for vehicles consumed (HK) GJ 380 369 398 128
Petrol for vehicles consumed (MC) GJ 1251 1339 1218 128
Petrol for vehicles consumed (Total) GJ 1631 1708 1616 128
Purchased hot water (indirect energy) share of energy consumption % 13.2 51
Purchased steam (indirect energy) share of energy consumption % 2.3 51
Reduction in electricity intensity compared to 2018 % 16.4 115
Renewable Energy % of mainland China portfolio electricity demand met by renewable energy 25 23
Renewable Energy share of mainland China portfolio electricity demand met by renewable energy % 25 34
Steam district heating consumed (MC) GJ 29802 32052 30642 128
Steam district heating consumed (Total) GJ 29802 32052 30642 128
Total electricity consumed (HK) GJ, MWh 68088 255060 246537 128
Total electricity consumed (MC) GJ, MWh 165210 760880 231296 128
Total electricity consumed (Total) GJ, MWh 839873 282206 299779 128
Total electricity consumed (indirect energy) share of energy consumption % 81 51
Total energy consumed, HK GJ 247197 127
Total energy consumed, MC GJ 1085672 127
Total energy consumed, Total GJ 1332869 127
Total energy intensity, HK MJ/m²/year 342 127
Total energy intensity, MC MJ/m²/year 299 127
Total energy intensity, Total MJ/m²/year 306 127
Total liquid fuels (direct energy) share of energy consumption % 0.1 51
Total liquid fuels consumed (HK) GJ 566 602 659 128
Total liquid fuels consumed (MC) GJ 1294 1615 1493 128
Total liquid fuels consumed (Total) GJ 1860 2217 2153 128
Total natural gas (direct energy) share of energy consumption % 3.4 51
Total natural gas consumed (MC) GJ 2226 2248 45386 128
Total natural gas consumed (Total) GJ 2226 2248 45386 128

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

Indicator Unit 2020 2021 2022 2025 Report Pages
Estimated water consumption of Hong Kong portfolio m3 500000 130
Hot water district heating consumed (MC) GJ 165961 164826 175483 128
Hot water district heating consumed (Total) GJ 165961 164826 175483 128
Operational Water Use % reduction in water intensity (m³/m²/year) relative to 2018 10 23
Total municipal water consumed (HK) 000 m³ 484 469 128
Total municipal water consumed (MC) 000 m³ 1358 1433 1641 128
Total municipal water consumed (Total) 000 m³ 1358 1917 2110 128
Water Consumption - Hong Kong 469000 54
Water Consumption - Mainland China 1641000 54
Water intensity (HK) m³/m²/year 0.67 0.65 128
Water intensity (MC) m³/m²/year 0.55 0.46 0.45 128
Water intensity (Total) m³/m²/year 0.5 0.49 128
Water reduction pilots including faucet flow restrictors replacements, urinal flush rate adjustments, and water recycling pilots 3 115
percentage of total annual water consumption recycled at Center 66 mall % more than 1 55
total water recycled at Center 66 mall 2769 55

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

Indicator Unit 2021 2022 2023 2024 2025 Report Pages
Cumulative reduction in electricity intensity (kWh/m²) relative to 2018 % ≥16 117
EV charging plan pilots (Hong Kong and Mainland) pilots 2 117
Electricity Intensity Reduction Target from 2018 baseline % 3% 8% 16% 17% 18% 52
Electricity Intensity Reduction from 2018 baseline % 10.7% 16.35% 52
Electricity Intensity Target (kWh/m²) kWh/m² 79.76 75.65 69.07 68.25 67.43 52
Electricity Intensity cumulative reduction relative to 2018 % 18 34
Electricity intensity reduction at Riverside 66 (Tianjin, mainland China) compared with 2018 baseline % 20 90
Electricity intensity reduction compared to 2018 baseline % 16.35 51

Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2022 2025 Report Pages
2022 KPI - Portfolio-wide water reduction plan development (2023-2025) Completed 54
2022 KPI - Water audits or pilots on Mainland to support major improvements in water Conduct at least three (3) 54
2025 Target - Water Intensity Reduction (m³/m²) relative to 2018 (Water Saving Initiatives) m³/m² 10% reduction 54
2025 Target - Water Intensity Reduction (m³/m²/year) relative to 2018 m³/m²/year 10% reduction 54
Water recycled (Total) 46986 128

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

Indicator Unit 2020 2021 2022 2023 2025 Report Pages
Marketing events evaluated for their sustainability impacts percent 100 24
Number of active construction sites in Hong Kong 2 2 2 97
Number of active construction sites in mainland China 7 7 6 97
Pilot reuse and circularity initiatives in operations (Hong Kong and mainland China) initiatives 4 117

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 2022 2023 2024 2025 Report Pages
Climate Adaptation technical analysis for climate adaptation measures for all properties Complete 34
Properties in Hong Kong assessed in 2022 technical analysis properties 11 38
Properties in mainland China assessed in 2022 technical analysis properties 5 38
Properties in mainland China assessed in 2023 technical analysis properties 4 38
Properties in mainland China assessed in 2024 technical analysis properties 3 38
Properties in mainland China with climate adaptation enhancement works properties 2 4 4 38
Technical analysis for climate adaptation (mainland China and Hong Kong properties) properties 4 117
Technical analysis for climate adaptation in four properties on Mainland and eleven properties in Hong Kong Completed 115

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

Indicator Unit 2020 2021 2022 2025 Report Pages
Administrative staff - HK %, Number 412 131
Administrative staff - MC %, Number 1408 131
Administrative staff - Total %, Number 1820 131
Contract / Temporary employees - HK Number 20 131
Contract / Temporary employees - Total Number 20 131
Contract / Temporary female employees - HK Number 9 131
Contract / Temporary female employees - Total Number 9 131
Contract / Temporary male employees - HK Number 11 131
Contract / Temporary male employees - Total Number 11 131
Employees aged 30–50 - HK %, Number 53% 131
Employees aged 30–50 - MC %, Number 2498 131
Employees aged 30–50 - Total %, Number 72% 131
Employees covered by collective bargaining, percentage of total employees (HK) % 0% 0% 0% 134
Employees covered by collective bargaining, percentage of total employees (MC) % 33% 40% 39% 134
Employees covered by collective bargaining, percentage of total employees (Total) % N/A N/A N/A 134
Employees over 50 - HK %, Number 394 131
Employees over 50 - MC %, Number 276 131
Employees over 50 - Total %, Number 16% 131
Employees under 30 - HK %, Number 97 131
Employees under 30 - MC %, Number 429 131
Employees under 30 - Total %, Number 12% 131
Executive staff - HK %, Number 15% 131
Executive staff - MC %, Number 176 131
Executive staff - Total %, Number 8% 131
Female employees - HK %, Number 43% 131
Female employees - MC %, Number 1290 131
Female employees - Total %, Number 1744 131
Female-to-Male pay ratio ratio 1:1 24, 64, 118
Gender ratio by employee category - Administrative staff (HK) Number (% of female 64.3%) 265 133
Gender ratio by employee category - Administrative staff (MC) Number (% of female 58.7%) 827 133
Gender ratio by employee category - Administrative staff (Total) Number (% of female 60.0%) 1092 133
Gender ratio by employee category - Executive staff (HK) Number (% of female 45.8%) 76 133
Gender ratio by employee category - Executive staff (MC) Number (% of female 33.5%) 59 133
Gender ratio by employee category - Executive staff (Total) Number (% of female 39.5%) 135 133
Gender ratio by employee category - Operational staff (HK) Number (% of female 24.1%) 113 133
Gender ratio by employee category - Operational staff (MC) Number (% of female 25.0%) 404 133
Gender ratio by employee category - Operational staff (Total) Number (% of female 24.8%) 517 133
Gender ratio by job function - Executive staff in revenue-generating functions (HK) Number (% of female) 49% 133
Gender ratio by job function - Executive staff in revenue-generating functions (MC) Number (% of female) 34% 133
Gender ratio by job function - Executive staff in revenue-generating functions (Total) Number (% of female) 42% 133
Gender ratio by job function - STEM-related positions (HK) Number (% of female) 35% 133
Gender ratio by job function - STEM-related positions (MC) Number (% of female) 11% 133
Gender ratio by job function - STEM-related positions (Total) Number (% of female) 20% 133
Male employees - HK %, Number 57% 131
Male employees - MC %, Number 60% 131
Male employees - Total %, Number 59% 131
New hires (Total number) 559 778 618 132
New hires by age group (30–50, %) 10.3% 15.0% 13.1% 132
New hires by age group (30–50, number) 328 461 399 132
New hires by age group (Over 50, %) 4.3% 6.0% 3.9% 132
New hires by age group (Over 50, number) 31 39 26 132
New hires by age group (Under 30, %) 32.0% 50.3% 36.7% 132
New hires by age group (Under 30, number) 200 278 193 132
New hires by gender (Female, %) 12.3% 24.7% 19.0% 132
New hires by gender (Female, number) 212 417 332 132
New hires by gender (Male, %) 12.4% 14.0% 11.4% 132
New hires by gender (Male, number) 347 361 286 132
Operational staff (Total) 2438 2210 2087 132
Permanent Full Time employees - HK Number 1021 131
Permanent Full Time employees - MC Number 3203 131
Permanent Full Time employees - Total Number 4224 131
Permanent Full Time female employees - HK Number 440 131
Permanent Full Time female employees - MC Number 1290 131
Permanent Full Time female employees - Total Number 1730 131
Permanent Full Time male employees - HK Number 581 131
Permanent Full Time male employees - MC Number 1913 131
Permanent Full Time male employees - Total Number 2494 131
Permanent Part time employees - HK Number 5 131
Permanent Part time employees - Total Number 5 131
Permanent Part time female employees - HK Number 5 131
Permanent Part time female employees - Total Number 5 131
Ratio of basic salary of women to men by employee category - Administrative staff (HK) 1.173 133
Ratio of basic salary of women to men by employee category - Administrative staff (MC) 1.201 133
Ratio of basic salary of women to men by employee category - Administrative staff (Total) 1.121 133
Ratio of basic salary of women to men by employee category - All staff (HK) 1.092 133
Ratio of basic salary of women to men by employee category - All staff (MC) 1.031 133
Ratio of basic salary of women to men by employee category - All staff (Total) 1.078 133
Ratio of basic salary of women to men by employee category - Executive staff (HK) 1.285 133
Ratio of basic salary of women to men by employee category - Executive staff (MC) 1.179 133
Ratio of basic salary of women to men by employee category - Executive staff (Total) 1.214 133
Ratio of basic salary of women to men by employee category - Operational staff (HK) 1.152 133
Ratio of basic salary of women to men by employee category - Operational staff (MC) 1.031 133
Ratio of basic salary of women to men by employee category - Operational staff (Total) 1.105 133
Return to work rate by gender - Female (HK) % 100% 133
Return to work rate by gender - Female (MC) % 100% 133
Supervised workers - HK Number 70 131
Supervised workers - MC Number 26 131
Supervised workers - Total Number 96 131
Total hours worked (Total) Hours 9128648 8571496 8811882 135
Total man-hours in Hong Kong hours 97434 203580 881970 97
Total man-hours in mainland China hours 7769227 4721091 6388380 97
Total number of employees entitled to parental leave (HK) Number 1046 133
Total number of employees entitled to parental leave (MC) Number 3203 133
Total number of employees entitled to parental leave (Total) Number 4249 133
Total number of employees entitled to parental leave - Female (HK) Number 454 133
Total number of employees entitled to parental leave - Female (MC) Number 1290 133
Total number of employees entitled to parental leave - Female (Total) Number 1744 133
Total number of employees entitled to parental leave - Male (HK) Number 592 133
Total number of employees entitled to parental leave - Male (MC) Number 1913 133
Total number of employees entitled to parental leave - Male (Total) Number 2505 133
Total number of employees took parental leave (HK) Number 11 133
Total number of employees took parental leave (MC) Number 89 133
Total number of employees took parental leave (Total) Number 100 133
Total number of employees took parental leave - Female (HK) Number 6 133
Total number of employees took parental leave - Female (MC) Number 56 133
Total number of employees took parental leave - Female (Total) Number 62 133
Total number of employees took parental leave - Male (HK) Number 5 133
Total number of employees took parental leave - Male (MC) Number 33 133
Total number of employees took parental leave - Male (Total) Number 38 133
Total workforce (employees and supervised workers) - HK Number 1116 131
Total workforce (employees and supervised workers) - MC Number 3229 131
Total workforce (employees and supervised workers) - Total Number 4345 131

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

Indicator Unit 2020 2021 2022 Report Pages
Absentee rate (HK) % 1.63 2.17 2 136
Absentee rate (MC) % 1.7 1.63 1.56 136
New hires (Rate of new hires) 12.4% 18.2% 14.5% 132
No. of voluntary turnover 441 622 440 66
Turnover (Rate of turnover) 16.9% 23.8% 17.3% 132
Turnover (Total number) 763 1016 735 132
Turnover by age group (30–50, %) 13.5% 14.5% 15.9% 132
Turnover by age group (30–50, number) 337 459 486 132
Turnover by age group (Over 50, %) 17.8% 15.6% 17.3% 132
Turnover by age group (Over 50, number) 49 98 116 132
Turnover by age group (Under 30, %) 23.1% 30.6% 24.9% 132
Turnover by age group (Under 30, number) 99 191 131 132
Turnover by gender (Female, %) 18.6% 26.7% 19.1% 132
Turnover by gender (Female, number) 322 451 333 132
Turnover by gender (Male, %) 15.8% 21.9% 16.0% 132
Turnover by gender (Male, number) 441 565 400 132
Voluntary turnover rate % 9.8% 14.6% 10.4% 66

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

Indicator Unit 2020 2021 2022 Report Pages
High-consequence work-related injuries (Total) Number 4 4 3 135
Injury rate (per 100 employees) (Total) 1.05 1.31 1.18 135
Number of accidents in Hong Kong 1 97
Number of accidents in mainland China 1 97
Rate of high-consequence work-related injuries (per 100 employees) (Total) 0.09 0.09 0.07 135
Work-related injuries (Total) Number 48 56 52 135

Lost days due to work injury.

Indicator Unit 2020 2021 2022 2025 Report Pages
Absentee rate (Total) % 1.68 1.78 1.67 136
Lost Time Injury Rate for employees or below 1.5 24, 64, 118
Lost Time Injury Rate target for employees or below 1.5 66
Lost day rate (per 100 employees) (HK) N/A 56.71 45.38 32.9 136
Lost day rate (per 100 employees) (MC) N/A 20.9 26.69 29.78 136
Lost day rate (per 100 employees) (Total) N/A 30.17 31.85 31 136
Lost days due to work-related injuries (HK) Days 671 537 387 136
Lost days due to work-related injuries (MC) Days 707 828 962 136
Lost days due to work-related injuries (Total) Days 1377 1365 1349 136
Lost-time injury frequency rate (LTIFR) (Total) Number of injuries/ million hours worked 4.6 6.18 3.74 135
Lost-time work-related injuries (Total) Number 42 53 33 135
Number of accidents per 100000 man-hours in Hong Kong 0.113 97
Number of accidents per 100000 man-hours in mainland China 0.013 97
Rate of lost-time work-related injuries / Lost-time injury rate (LTIR) (Total) 0.92 1.24 0.75 135

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

Indicator Unit 2020 2021 2022 Report Pages
Number of near-misses in Hong Kong 1 1 97
Number of near-misses in mainland China 2 1 97
Return to work rate by gender - Male (HK) % 100% 133
Return to work rate by gender - Male (MC) % 100% 133
Total construction safety training hours in Hong Kong hours 510 5377 8955 97
Total construction safety training hours in mainland China hours 450 7082.5 691.5 97
Training hours by topics - Occupational health and safety (Total) hours 11583 13813 135

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

Indicator Unit 2020 2021 2022 2025 Report Pages
Embodied carbon training delivered to design and project management colleagues hours 226 45
Employee engagement rating percentile target percentile >=75 64
Employees receiving regular performance and career development reviews, percentage of total employees (HK) % 100% 100% 100% 134
Employees receiving regular performance and career development reviews, percentage of total employees (MC) % 100% 100% 100% 134
Employees receiving regular performance and career development reviews, percentage of total employees (Total) % 100% 100% 100% 134
Percentage of employee trained by employee category (Administrative staff, HK) % 99.5% 134
Percentage of employee trained by employee category (Administrative staff, MC) % 99.9% 134
Percentage of employee trained by employee category (Administrative staff, Total) % 99.8% 134
Percentage of employee trained by employee category (Executive staff, HK) % 100.0% 134
Percentage of employee trained by employee category (Executive staff, MC) % 99.4% 134
Percentage of employee trained by employee category (Executive staff, Total) % 99.7% 134
Percentage of employee trained by employee category (Operational staff, HK) % 99.4% 134
Percentage of employee trained by employee category (Operational staff, MC) % 99.4% 134
Percentage of employee trained by employee category (Operational staff, Total) % 99.4% 134
Percentage of employee trained by gender (Female, HK) % 99.8% 134
Percentage of employee trained by gender (Female, MC) % 99.8% 134
Percentage of employee trained by gender (Female, Total) % 99.8% 134
Percentage of employee trained by gender (Male, HK) % 99.3% 134
Percentage of employee trained by gender (Male, MC) % 99.6% 134
Percentage of employee trained by gender (Male, Total) % 99.5% 134

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

Indicator Unit 2020 2021 2022 Report Pages
Average hours of employee training per employee (HK) hours per employee 5 9.6 15.3 134
Average hours of employee training per employee (MC) hours per employee 27.9 26.3 26.8 134
Average hours of employee training per employee (Total) hours per employee 22.1 22.2 24 134
Average training hours by employee category (Administrative staff, HK) Hours 6.2 9.6 10.5 134
Average training hours by employee category (Administrative staff, MC) Hours 23.8 23.1 20.9 134
Average training hours by employee category (Administrative staff, Total) Hours 19.2 20 19 134
Average training hours by employee category (Executive staff, HK) Hours 9.8 13.8 27.9 134
Average training hours by employee category (Executive staff, MC) Hours 19.7 40.5 36.3 134
Average training hours by employee category (Executive staff, Total) Hours 16.1 26.9 32 134
Average training hours by employee category (Operational staff, HK) Hours 2.8 8.3 15 134
Average training hours by employee category (Operational staff, MC) Hours 31.8 27.6 30.9 134
Average training hours by employee category (Operational staff, Total) Hours 25.2 23.2 27 134
Average training hours by gender (Female, HK) Hours 4.9 9.5 15.3 134
Average training hours by gender (Female, MC) Hours 27.9 26 27.1 134
Average training hours by gender (Female, Total) Hours 21.5 21.6 24.1 134
Average training hours by gender (Male, HK) Hours 5.2 9.7 15.2 134
Average training hours by gender (Male, MC) Hours 27.9 26.5 26.6 134
Average training hours by gender (Male, Total) Hours 22.5 22.6 23.9 134
Total hours of employee training (HK) Hours 5736 10178 15959 134
Total hours of employee training (MC) Hours 94389 84471 85865 134
Total hours of employee training (Total) Hours 100125 94649 101824 134
Training hours by topics - Crisis management (Total) hours 5057 135

Number of suppliers by geographical region.

Indicator Unit 2022 Report Pages
Purchased goods & services (Cat 1), HK Tonnes CO2e 31843 127
Purchased goods & services (Cat 1), MC Tonnes CO2e 219950 127
Purchased goods & services (Cat 1), Total Tonnes CO2e 251793 127

Description of practices used to identify environmental and social risks along the supply chain, and how they are implemented and monitored.

Indicator Unit 2025 Report Pages
Potential asset acquisitions include ESG due diligence %, percent 100 24, 118

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

Indicator Unit 2025 Report Pages
Leases incorporate sustainability provisions percent 100 24

Description of consumer data protection and privacy policies, and how they are implemented and monitored.

Indicator Unit 2022 Report Pages
Training hours by topics - Data privacy and cyber security (Total) hours 4315 135

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

Indicator Unit 2021 2022 Report Pages
Percentage of employee received anti-corruption training by employee category - Administrative staff (Total) % 100% 99% 135
Percentage of employee received anti-corruption training by employee category - Executive staff (Total) % 100% 98% 135
Percentage of employee received anti-corruption training by employee category - Operational staff (Total) % 100% 98% 135
Training hours by topics - Anti-corruption Training (Total) hours 4699 5003 135

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

Indicator Unit 2022 Report Pages
Investments (Cat 15), HK Tonnes CO2e 15395 127
Investments (Cat 15), Total Tonnes CO2e 15395 127

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

Indicator Unit 2020 2021 2022 Report Pages
Volunteer hours - Hong Kong hours 8506 10146 11765 78
Volunteer hours - Mainland China hours 4299 4432 6832 78

The types of emissions and respective emissions data.

Standard Indicator Unit 2022
Airborne Particulate Matter (PM) Emissions kg 1.83
NOₓ Emissions kg 25
SOₓ Emissions kg 0.72

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 2018 2019 2020 2021 2022
Direct GHG Emissions (Scope 1) tonnes CO2e 3151 2636 3942
Mobile Combustion Emissions tonnes CO2e 131 155 150
Scope 3 GHG Emissions (Business Travel) tonnes CO2e 442
Scope 3 GHG Emissions (Capital Goods) tonnes CO2e 3075
Scope 3 GHG Emissions (Downstream Leased Assets) tonnes CO2e 129026
Scope 3 GHG Emissions (Employee Commuting) tonnes CO2e 1516
Scope 3 GHG Emissions (End-of-life Treatment of Sold Products) tonnes CO2e 61.5
Scope 3 GHG Emissions (Fuel and Energy-related Activities (Not Included in Scope 1 or Scope 2)) tonnes CO2e 22939.5
Scope 3 GHG Emissions (Investments) tonnes CO2e 21525.000000000004
Scope 3 GHG Emissions (Purchased Goods/Services) tonnes CO2e 349319.99999999994
Scope 3 GHG Emissions (Waste Generated in Operations) tonnes CO2e 36408
Total GHG Emissions tonnes CO2e 552000 691000 615000
Total GHG Emissions Intensity (By Area) tCO2e/m² 0.062 0.058 0.048 0.044 0.0521

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

Standard Indicator Unit 2022
Hazardous Waste Disposed kg 1109
Total Hazardous Waste kg 1109
Total Hazardous Waste Intensity (By Area) kg/m²/year 0.0003

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

Standard Indicator Unit 2022
Diversion Rate of Non-Hazardous Waste % 56
Glass Waste kg 23082
Non-Hazardous Waste (Electronic Waste) pieces 88
Non-Hazardous Waste (Kitchen Waste) kg 8152181
Non-Hazardous Waste Landfilling tonnes 43608
Non-Hazardous Waste Recycled tonnes 29000
Paper Waste kg 179746
Plastic Waste kg 17860
Total Non-Hazardous Waste Intensity (By Area) kg/m²/year 12

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

Standard Indicator Unit 2022
Percentage of Reduction in GHG Intensity Compared to Last Year % 9.81
Scope 3 Emissions Reduction Percentage Compared to Last Year % -3.8

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 2020 2021 2022 2023 2025
Diesel Fuel Consumption GJ 229 509 536
Energy Consumption Intensity (By Area per Year) kWh/m²/year 71.08 73.4 68.78
Energy Consumption Intensity (By Area) MJ/m² 317 306
Gasoline Consumption GJ 1631 1708 1616
Natural Gas Consumption GJ 2226 2248 45386
Percentage of Renewable Energy Consumption % 8 18 25
Purchased Electricity MWh 233298 282206 299779
Purchased Steam GJ 29802 32052 30642
Solar Energy MWh 644 619 659
Sold Electricity MWh 18
Total Direct Energy Consumption GJ 1860 2217 2153
Total Energy Consumption GJ 839873 1015040 1332869
Total Indirect Energy Consumption GJ 837647 1012823 1311716

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

Standard Indicator Unit 2020 2021 2022
Municipal Water Consumption 1358000 1917000 2110000
Recycled Water Percentage % 1
Recycled Water Usage 2769
Water Consumption 500000 469000

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

Standard Indicator Unit 2021 2022 2023 2024 2025
Target Electricity Usage Reduction Percentage Compared to Last Year % 3 8 16 17 18

Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency target(s) set and steps taken to achieve them.

Standard Indicator Unit 2025
Target Water Consumption Reduction Percentage Compared to Last Year % 10

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

Standard Indicator Unit 2020 2021 2022
Number of Contractors Number 20
Number of Employees Aged 30-50 Number 3053
Number of Employees Aged Above 50 Number 670
Number of Employees Aged Below 30 Number 526
Number of Employees in Hong Kong Number 1116
Number of Employees in Hong Kong (Female) Number 454
Number of Employees in Hong Kong (Male) Number 592
Number of Employees in Hong Kong and Mainland China Number 4345
Number of Employees in Mainland China Number 3229
Number of Employees in Mainland China (Female) Number 1290
Number of Employees in Mainland China (Male) Number 1913
Number of Female Employees Number 1744
Number of Full-time Employees Number 4224
Number of Full-time Employees (Female) Number 1730
Number of Full-time Employees (Male) Number 2494
Number of Male Employees Number 2505
Number of New Employees Number 559 778 618
Number of New Employees (Above 50) Number 31 39 26
Number of New Employees (Aged 30-50) Number 328 461 399
Number of New Employees (Aged Below 30) Number 200 278 193
Number of New Employees (Female) Number 212 417 332
Number of New Employees (Male) Number 347 361 286
Number of Part-time Employees Number 5
Number of Part-time Employees (Female) Number 5
Number of Temporary Workers Number 20
Number of Total Employees Number 4244
Percentage of Employees Aged 30-50 % 72
Percentage of Employees Aged Above 50 % 16
Percentage of Employees Aged Below 30 % 12
Percentage of Female Employees % 41
Percentage of Male Employees % 59
Percentage of Temporary Workers % 0.47

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

Standard Indicator Unit 2020 2021 2022
Turnover Rate of Employees Aged 30-50 % 13.5 14.5 15.9
Turnover Rate of Employees Aged Above 50 % 17.8 15.6 17.3
Turnover Rate of Employees Aged Below 30 % 23.1 30.6 24.9
Turnover Rate of Female Employees % 18.6 26.7 19.1
Turnover Rate of Male Employees % 15.8 21.9 16
Turnover Rate of Total Employees % 16.9 23.8 17.3

Lost days due to work injury.

Standard Indicator Unit 2020 2021 2022
Lost Days Due to Work-related Injuries Days 1377 1365 1349
Lost Days Due to Work-related Injuries (Hong Kong) Days 671 537 387
Lost Days Due to Work-related Injuries (Mainland China) Days 707 828 962
Lost Time Injury Frequency Rate (LTIFR/LTIR) Number of injuries/ million hours worked 4.6 6.18 3.74
Number of Work-related Injuries Number 42 53 33

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

Standard Indicator Unit 2020 2021 2022
Total Hours of Safety Training for Employees hours 960 12459.5 14504.5

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

Standard Indicator Unit 2022
Percentage of Trained Administrative Employees % 99.8
Percentage of Trained Executive Employees % 99.7
Percentage of Trained Female Employees % 99.8
Percentage of Trained Hong Kong Employees % 99.4
Percentage of Trained Mainland China Employees % 99.6
Percentage of Trained Male Employees % 99.5
Percentage of Trained Operational Employees % 99.4

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

Standard Indicator Unit 2020 2021 2022
Average Training Hours (Administrative Employees) hours 19.2 20 19
Average Training Hours (Executive Employees) hours 16.1 26.9 32
Average Training Hours (Female) hours 21.5 21.6 24.1
Average Training Hours (Hong Kong Employees) hours per employee 5 9.6 15.3
Average Training Hours (Mainland China Employees) hours per employee 27.9 26.3 26.8
Average Training Hours (Male) hours 22.5 22.6 23.9
Average Training Hours (Operational Employees) hours 25.2 23.2 27
Average Training Hours per Employee hours per employee 22.1 22.2 24
Total Training Hours hours 100125 94649 101824

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

Standard Indicator Unit 2021 2022
Coverage Rate of Ethical Standards and Anti-Corruption Training % 100 98
Total Hours of Anti-corruption Training hours 4699 5003

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

Standard Indicator Unit 2020 2021 2022
Total Volunteer Service Hours hours 12799 14578 18697