Sustainability Report 2023

Company: HANG LUNG GROUP (10)
Year: 2023
Published: 2024-03-28
Status: Processed
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Extracted ESG KPIs

KPIs are organized by ESG aspects.

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 2024 2025 Report Pages
2023 KPI - Embodied carbon intensity reduction for Shouson Hill Road project, Hong Kong (compared to typical practice in equivalent building) % 10 43
2023 KPI: Cumulative reduction in GHG intensity (relative to 2018) % 30 42
Absolute Scope 3 GHG emissions tCO2e 824002 13
Approximate carbon dioxide emissions avoided by Westlake 66 (Hangzhou, mainland China) construction site since July 1, 2022 tonnes 1790 96
Breakdown of Carbon Emissions by Scope 1 (percentage of total emissions) % 0.4 42
Breakdown of Carbon Emissions by Scope 2 (percentage of total emissions) % 16.2 42
Breakdown of Carbon Emissions by Scope 3 (percentage of total emissions) % 83.4 42
Building operation emission (Scope 1), Hong Kong Tonnes CO2e 209 0.6 514 136
Building operation emission (Scope 1), Mainland China Tonnes CO2e 2272 3791 3319 136
Building operation emission (Scope 1), Total Tonnes CO2e 2481 3792 3833 136
Building operation emissions (HK) Tonnes CO2e 39980 38585 38190 137
Building operation emissions (MC) Tonnes CO2e 134008 145468 147807 137
Building operation emissions (Total) Tonnes CO2e 173988 184053 185997 137
Business travel (Cat 6) (HK) Tonnes CO2e 51 218 937 137
Business travel (Cat 6) (MC) Tonnes CO2e 208 224 942 137
Business travel (Cat 6) (Total) Tonnes CO2e 259 442 1879 137
Carbon emission intensity (Scope 1 and 2) - building operations only, location-based, Hong Kong Tonnes CO2e/m²/year 0.0556 0.0534 0.0536 136
Carbon emission intensity (Scope 1 and 2) - building operations only, location-based, Mainland China Tonnes CO2e/m²/year 0.0438 0.0412 0.0417 136
Carbon emission intensity (Scope 1 and 2) - building operations only, location-based, Total Tonnes CO2e/m²/year 0.0460 0.0432 0.0437 136
Carbon emission intensity (Scope 1 and 2) - building operations only, market-based, Hong Kong Tonnes CO2e/m²/year 0.0556 0.0534 0.0536 136
Carbon emission intensity (Scope 1 and 2) - building operations only, market-based, Mainland China Tonnes CO2e/m²/year 0.0438 0.0370 0.0346 136
Carbon emission intensity (Scope 1 and 2) - building operations only, market-based, Total Tonnes CO2e/m²/year 0.0460 0.0397 0.0377 136
Carbon emission intensity (Scope 1 and 2) - location-based, Hong Kong kg CO2e/m²/year 55.6 53.4 53.7 136
Carbon emission intensity (Scope 1 and 2) - location-based, Mainland China kg CO2e/m²/year 43.8 41.2 41.7 136
Carbon emission intensity (Scope 1 and 2) - location-based, Total kg CO2e/m²/year 46.0 43.2 43.7 136
Carbon emission intensity (Scope 1 and 2) - market-based, Hong Kong kg CO2e/m²/year 55.6 53.4 53.7 136
Carbon emission intensity (Scope 1 and 2) - market-based, Mainland China kg CO2e/m²/year 43.8 37.0 34.6 136
Carbon emission intensity (Scope 1 and 2) - market-based, Total kg CO2e/m²/year 46.0 39.7 37.8 136
Company vehicles and vessels emission (Scope 1), Hong Kong Tonnes CO2e 46 50.6 61 136
Company vehicles and vessels emission (Scope 1), Mainland China Tonnes CO2e 109 99 140 136
Company vehicles and vessels emission (Scope 1), Total Tonnes CO2e 155 150 201 136
Downstream leased assets (Cat 13) (HK) Tonnes CO2e 41058 43293 49657 137
Downstream leased assets (Cat 13) (MC) Tonnes CO2e 89202 85732 105444 137
Downstream leased assets (Cat 13) (Total) Tonnes CO2e 130260 129025 155101 137
Embodied carbon emissions share from Aluminum in building materials % 26.81 46
Embodied carbon emissions share from Cement and concrete bricks in building materials % 10.65 46
Embodied carbon emissions share from Concrete in building materials % 14.28 46
Embodied carbon emissions share from Glass in building materials % 0.13 46
Embodied carbon emissions share from Gypsum in building materials % 0.09 46
Embodied carbon emissions share from Others in building materials % 7.73 46
Embodied carbon emissions share from Steel in building materials % 39.63 46
Embodied carbon emissions share from Timber in building materials % 0.68 46
Employee commuting (Cat 7) (HK) Tonnes CO2e 512 455 472 137
Employee commuting (Cat 7) (MC) Tonnes CO2e 1129 1061 1123 137
Employee commuting (Cat 7) (Total) Tonnes CO2e 1641 1516 1595 137
Fuel and energy related activities (Cat 3) (HK) Tonnes CO2e 1536 1409 10937 137
Fuel and energy related activities (Cat 3) (MC) Tonnes CO2e 14393 15118 30473 137
Fuel and energy related activities (Cat 3) (Total) Tonnes CO2e 15929 16527 41410 137
GHG Emission Intensity (tCO2e/m²) - Actual tCO2e/m² 0.065 0.058 0.050 0.045 0.040 0.038 43
GHG Intensity (Tenants) (kgCO2e/m²) - reduction from tenants' electricity consumption for mainland China properties relative to 2018 % 15% 22
GHG Intensity (kgCO2e/m²) - cumulative reduction relative to 2018 % 40% 22
Gross Direct emission (Scope 1), Hong Kong Tonnes CO2e 255 51.2 575 136
Gross Direct emission (Scope 1), Mainland China Tonnes CO2e 2381 3890 3459 136
Gross Direct emission (Scope 1), Total Tonnes CO2e 2636 3942 4034 136
Gross Indirect emission (Scope 2) - location-based, Hong Kong Tonnes CO2e 39980 38585 38190 136
Gross Indirect emission (Scope 2) - location-based, Mainland China Tonnes CO2e 134008 145468 147807 136
Gross Indirect emission (Scope 2) - location-based, Total Tonnes CO2e 173988 184053 185997 136
Gross Indirect emission (Scope 2) - market-based (HK) Tonnes CO2e 39980 38585 38190 137
Gross Indirect emission (Scope 2) - market-based (MC) Tonnes CO2e 134008 130237 122141 137
Gross Indirect emission (Scope 2) - market-based (Total) Tonnes CO2e 173988 168822 160331 137
Gross Indirect emission (Scope 3) (HK) Tonnes CO2e 98362 107112 107074 137
Gross Indirect emission (Scope 3) (MC) Tonnes CO2e 362647 336260 716926 137
Gross Indirect emission (Scope 3) (Total) Tonnes CO2e 461009 443372 824002 137
Reduction in embodied carbon intensity for all development projects (kg CO2e/m²) % 10 125
Scope 3 Emissions - Business travel (Category 6) % 0.23 44
Scope 3 Emissions - Capital goods (Category 2) % 0.68 44
Scope 3 Emissions - Downstream leased assets (Category 13) % 18.82 44
Scope 3 Emissions - Employee commuting (Category 7) % 0.19 44
Scope 3 Emissions - Fuel and energy related activities (Category 3) % 5.03 44
Scope 3 Emissions - Investments (Category 15) % 1.64 44
Scope 3 Emissions - Purchased goods & services (Category 1) % 70.41 44
Scope 3 Emissions - Upstream leased assets (Category 8) % 0.02 44
Scope 3 Emissions - Upstream transportation and distribution (Category 4) % 1.35 44
Scope 3 Emissions - Waste generated in operations (Category 5) % 1.63 44
Total GHG Emissions (Scope 1 and 2) - building operations only, location-based, Hong Kong Tonnes CO2e 40189 38585 38704 136
Total GHG Emissions (Scope 1 and 2) - building operations only, location-based, Mainland China Tonnes CO2e 136279 149259 151126 136
Total GHG Emissions (Scope 1 and 2) - building operations only, location-based, Total Tonnes CO2e 176468 187844 189830 136
Total GHG Emissions (Scope 1 and 2) - building operations only, market-based, Hong Kong Tonnes CO2e 40189 38585 38704 136
Total GHG Emissions (Scope 1 and 2) - building operations only, market-based, Mainland China Tonnes CO2e 136279 134028 125460 136
Total GHG Emissions (Scope 1 and 2) - building operations only, market-based, Total Tonnes CO2e 176469 172614 164164 136
Total GHG Emissions (Scope 1 and 2) - location-based, Hong Kong Tonnes CO2e 40235 38636 38765 136
Total GHG Emissions (Scope 1 and 2) - location-based, Mainland China Tonnes CO2e 136388 149358 151266 136
Total GHG Emissions (Scope 1 and 2) - location-based, Total Tonnes CO2e 176623 187994 190031 136
Total GHG Emissions (Scope 1 and 2) - market-based, Hong Kong Tonnes CO2e 40235 38636 38765 136
Total GHG Emissions (Scope 1 and 2) - market-based, Mainland China Tonnes CO2e 136388 134127 125600 136
Total GHG Emissions (Scope 1 and 2) - market-based, Total Tonnes CO2e 176623 172763 164365 136
Total embodied carbon emissions from development projects (mainland China and Hong Kong) tCO2e 534048 45
Upstream leased assets (Cat 8) (HK) N/A N/A 137
Upstream leased assets (Cat 8) (MC) Tonnes CO2e N/A N/A 172 137
Upstream leased assets (Cat 8) (Total) Tonnes CO2e N/A N/A 172 137
Upstream transportation and distribution (Cat 4) (HK) Tonnes CO2e 1178 137
Upstream transportation and distribution (Cat 4) (MC) Tonnes CO2e 9932 137
Upstream transportation and distribution (Cat 4) (Total) Tonnes CO2e 11110 137

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

Indicator Unit 2021 2022 2023 2025 Report Pages
Capital goods (Cat 2) (HK) Tonnes CO2e 1392 1096 1293 137
Capital goods (Cat 2) (MC) Tonnes CO2e 489 1254 4323 137
Capital goods (Cat 2) (Total) Tonnes CO2e 1881 2350 5616 137
Hazardous waste disposed (HK) tonnes 3.35 139
Hazardous waste disposed (MC) tonnes 0.79 139
Hazardous waste disposed (Total) tonnes 4.14 139
Hazardous waste intensity (HK) kg/m²/year 0.0046 139
Hazardous waste intensity (MC) kg/m²/year 0.0001 139
Hazardous waste intensity (Total) kg/m²/year 0.0010 139
Operational Waste - share of operational waste diverted from landfill % 70% 22
Total hazardous waste collected (HK) tonnes 3.35 139
Total hazardous waste collected (MC) tonnes 0.79 139
Total hazardous waste collected (Total) tonnes 4.14 139
WEEE recycled (HK) pieces 66 140
WEEE recycled (MC) pieces 474 140
WEEE recycled (Total) pieces 540 140
Waste generated in operations (Cat 5) (HK) Tonnes CO2e 11436 13340 7311 137
Waste generated in operations (Cat 5) (MC) Tonnes CO2e 14593 12921 6076 137
Waste generated in operations (Cat 5) (Total) Tonnes CO2e 26029 26261 13387 137

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

Indicator Unit 2022 2023 2024 2025 Report Pages
Diversion rate from landfill (HK) % 2 139
Diversion rate from landfill (MC) % 96 139
Diversion rate from landfill (Total) % 66 139
Glass recycled (HK) kg 12241 140
Glass recycled (MC) kg 19986 140
Glass recycled (Total) kg 32227 140
Municipal solid waste disposed (HK) tonnes 20029 139
Municipal solid waste disposed (MC) tonnes 26738 139
Municipal solid waste disposed (Total) tonnes 46767 139
Municipal waste diversion rate (from landfill) at major properties % approximately 40 66 58
Municipal waste diverted from landfill by Hong Kong Office Rejuvenation Project kg 140000 10
Municipal waste recycled or sent to incineration at major properties tonnes 38659 58
Municipal waste recycled/composted at major properties tonnes approximately 10000 approximately 20000 58
Municipal waste sent to incineration at major properties tonnes approximately 10000 approximately 20000 58
Municipal waste sent to landfill at major properties tonnes approximately 40000 approximately 20000 58
Operational waste diverted from landfill % 70 13, 52
Recycled food waste (HK) kg 258419 139
Recycled food waste (MC) kg 11208469 139
Recycled food waste (Total) kg 11466888 139
Recycled metal (HK) kg 843 139
Recycled metal (MC) kg 49293 139
Recycled metal (Total) kg 50136 139
Recycled paper (HK) kg 110810 139
Recycled paper (MC) kg 234629 139
Recycled paper (Total) kg 345439 139
Recycled plastics (HK) kg 1482 139
Recycled plastics (MC) kg 25332 139
Recycled plastics (Total) kg 26814 139
Reused waste concrete for backfilling in Westlake 66 (Hangzhou) basement m² 12000 101
Source separation for Mainland properties through reduce and recycle initiative initiative 1 125
Textiles / Clothing recycled (HK) kg 1548 140
Textiles / Clothing recycled (MC) kg 156 140
Textiles / Clothing recycled (Total) kg 1704 140
Total municipal waste collected at major properties tonnes 58688 58
Total non-hazardous waste collected (HK) tonnes 20413 139
Total non-hazardous waste collected (MC) tonnes 38275 139
Total non-hazardous waste collected (Total) tonnes 58688 139
Waste intensity (HK) kg/m²/year 28.3 139
Waste intensity (MC) kg/m²/year 10.6 139
Waste intensity (Total) kg/m²/year 13.5 139

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

Indicator Unit 2020 2021 2022 2023 2024 2025 2026 2030 2050 Report Pages
2025 Target - Embodied carbon intensity reduction for new development projects (compared to typical practice in equivalent building) % 10 43
2025 Target: Cumulative reduction in GHG intensity (relative to 2018) % 40 42
Absolute scope 1 and 2 GHG emissions reduction (Hang Lung Properties Limited, base year 2019) % 46.6 99.6 37
Absolute scope 3 GHG emissions reduction (Hang Lung Properties Limited, base year 2020) % 99.6 37
Absolute scope 3 GHG emissions reduction from purchased goods and services and downstream leased assets (Hang Lung Properties Limited, base year 2020) % 25 37
Carbon dioxide emissions avoided for Spring City 66 (Kunming, mainland China) tonnes 14300 95
Carbon emissions avoided by The Aperture (Hong Kong) through use of advanced battery energy storage system (BESS) tonnes 66 96
Cumulative reduction in GHG intensity (kg CO2e/m²) relative to 2018 % 35 125
Embodied Carbon Intensity (kgCO2e/m²) - reduction for new development projects begun in 2022 or later compared to typical practice % 10% 22
GHG Emission Intensity (tCO2e/m²) - Actual Reduction from 2018 baseline % 23.38 28.47 38.28 41.30 43
GHG Emission Intensity (tCO2e/m²) - Target Reduction from 2018 baseline % 25 30 35 40 70 43
GHG emissions intensity reduction (market-based) compared to 2018 baseline % 41.33 42
GHG emissions intensity reduction from Scope 1 reductions (refrigerant and diesel generator emissions) % 0.1 42
GHG emissions intensity reduction from energy efficiency and onsite renewable energy % 13.70 42
GHG emissions intensity reduction from grid decarbonization and PPAs % 18.06 42
GHG emissions intensity reduction from heating demand % 9.43 42
GHG intensity cumulative reduction relative to 2018 (kgCO2e/m²) % 40 33
GHG intensity reduction (kgCO2e/m2) relative to 2018 % 41 122
GHG intensity reduction from tenants’ electricity consumption for properties in mainland China, relative to 2018 (kgCO2e/m²) % 15 33
GHG intensity reduction target from tenants' electricity consumption for properties in mainland China (relative to 2018) % 15 47
Potential reduction in carbon costs if SBTs are fully achieved compared to BAU % 47 95 48
Reduction in Scope 1 and 2 greenhouse gases emissions intensity compared to 2018 baseline % 41 10

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 2023 2024 2025 Report Pages
Construction Waste - share of construction waste diverted from landfill for new projects starting in 2022 % 60% 22
Construction waste audit in Mainland development projects audit 1 125
Construction waste diverted from landfill for new projects starting in 2022 with maximized recycling % 60 52
End-of-life treatment of sold products (Cat 12) (HK) Tonnes CO2e 62 137
End-of-life treatment of sold products (Cat 12) (Total) Tonnes CO2e 62 137
Innovative solutions to improve waste data reporting and circularity explored solutions 2 125
Operational waste diverted from landfill (2025 Target) % 70 58
Total waste diverted from landfill (HK) tonnes 385 139
Total waste diverted from landfill (MC) tonnes 38275 139
Total waste diverted from landfill (Total) tonnes 38661 139
Waste diversion rate % 66 51

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 2024 2025 Report Pages
2023 KPI: Cumulative reduction in electricity intensity relative to 2018 % 16 54
Construction Floor Area (HK) m² 722185 140
Construction Floor Area (MC) m² 3626621 140
Construction Floor Area (Total) m² 4348806 140
Diesel (for emergency generators) consumed - HK GJ 9 8 17 138
Diesel (for emergency generators) consumed - MC GJ 276 275 413 138
Diesel (for emergency generators) consumed - Total GJ 285 283 430 138
Diesel (for vehicles and vessels) consumed - HK GJ 224 253 311 138
Diesel (for vehicles and vessels) consumed - Total GJ 224 253 311 138
Electricity intensity (kWh/m²) kWh/m² 82.23 80.79 79.76 73.40 68.78 70.97 54
Electricity intensity of buildings in use (HK) kWh/m²/year 96.63 139
Electricity intensity of buildings in use (MC) kWh/m²/year 65.86 139
Electricity intensity of buildings in use (Total) kWh/m²/year 70.97 139
Electricity purchased from non-renewable source - HK MWh 70850 68483 69786 138
Electricity purchased from non-renewable source - MC MWh 210736 203931 193826 138
Electricity purchased from non-renewable source - Total MWh 281586 272414 263612 138
Electricity purchased from renewable source - MC MWh 26707 45005 138
Electricity purchased from renewable source - Total MWh 26707 45005 138
Electricity self-generated (solar PV) and consumed - HK MWh N/A N/A N/A 138
Electricity self-generated (solar PV) and consumed - MC MWh 619 659 635 138
Electricity self-generated (solar PV) and consumed - Total MWh 619 659 635 138
Electricity self-generated (solar PV) and exported (for Feed-in Tariff) - HK MWh N/A 18 18 138
Electricity self-generated (solar PV) and exported (for Feed-in Tariff) - MC MWh N/A N/A N/A 138
Electricity self-generated (solar PV) and exported (for Feed-in Tariff) - Total MWh N/A 18 18 138
Gross Floor Area (HK) m² 554896 140
Gross Floor Area (MC) m² 2362639 140
Gross Floor Area (Total) m² 2917535 140
Mainland China portfolio electricity demand from renewable energy % 19 122
Mainland China portfolio electricity demand met by renewable energy % 18 22 25 45, 125
Number of EV chargers planned for Kornhill Plaza and Canton Road Carpark in Hong Kong 8 122
Number of EV charging facilities installed in Center 66, Wuxi facilities 20 48
Number of additional EV chargers installed in Center 66, Wuxi 20 122
Petrol (for vehicles) consumed - HK GJ 369 398 474 138
Petrol (for vehicles) consumed - MC GJ 1339 1218 1726 138
Petrol (for vehicles) consumed - Total GJ 1708 1616 2200 138
Purchased hot water (indirect energy, Group) % 11.8 53
Purchased steam (indirect energy, Group) % 2.4 53
Reduction in electricity intensity (2023 compared to 2018) % 14 51
Renewable Energy - share of mainland China portfolio electricity demand met by renewable energy % 25% 22
Renewable energy generated by solar panel system, Olympia 66 (Dalian, mainland China) MWh 162 95
Renewable energy share for landlord and tenant operations, Spring City 66 (Kunming, mainland China) % 100 95
Renewable energy share of mainland China portfolio electricity demand met by renewable energy % 25 33
Steam (MC) GJ 32495 139
Steam (Total) GJ 32495 139
Total electricity consumed (indirect energy, Group) % 83.1 53
Total electricity consumed - HK GJ, MWh 255060 246537 251228 138
Total electricity consumed - MC GJ, MWh 760880 231296 239466 138
Total electricity consumed - Total GJ, MWh 282206 299779 309252 138
Total energy consumed - HK GJ 255662 247196 252030 138
Total energy consumed - MC GJ 961621 1085671 1087339 138
Total energy consumed - Total GJ 1217283 1332867 1339369 138
Total energy consumption (Group) GJ 1339369 53
Total energy intensity - HK MJ/m²/year 354 342 349 138
Total energy intensity - MC MJ/m²/year 309 299 300 138
Total energy intensity - Total MJ/m²/year 317 306 308 138
Total green power consumption at Westlake 66 MWh 1102 2037 101
Total liquid fuels consumed - HK GJ 602 659 802 138
Total liquid fuels consumed - MC GJ 1615 1493 2139 138
Total liquid fuels consumed - Total GJ 2217 2152 2941 138
Total liquid fuels consumption (direct energy, Group) % 0.2 53
Total natural gas consumed - MC GJ 2248 45386 32743 138
Total natural gas consumed - Total GJ 2248 45386 32743 138
Total natural gas consumption (direct energy, Group) % 2.5 53

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

Indicator Unit 2023 2024 2025 Report Pages
Annual water consumption recycled (Center 66 Office Tower 1, as % of annual consumption) % 2.6 57
Hot water (MC) GJ 157883 139
Hot water (Total) GJ 157883 139
Reduction in operational water use intensity (m³/m²/year) relative to 2018 % 10 52
Reduction in water intensity (2023 compared to 2018) % 8 51
Total municipal water consumed (HK) 000 m³ 502 139
Total municipal water consumed (MC) 000 m³ 1839 139
Total municipal water consumed (Total) 000 m³ 2341 139
Total water consumption (all operations) m³ 2341000 57
Water consumption (Hong Kong) m³ 502000 57
Water consumption (Mainland China) m³ 1839000 57
Water intensity (HK) m³/m²/year 0.69 139
Water intensity (MC) m³/m²/year 0.51 139
Water intensity (Total) m³/m²/year 0.54 139
Water recycled (MC) m³ 58665 139
Water recycling systems in use in Mainland properties by end of 2024 properties 6 125
Water saving measures applied in Hong Kong properties properties 2 125

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

Indicator Unit 2021 2022 2023 2024 2025 Report Pages
2025 Target: Cumulative reduction in electricity intensity relative to 2018 % 18 54
Cumulative reduction in electricity intensity (kWh/m²) relative to 2018 % 16 125
Cumulative reduction in electricity intensity relative to 2018 % 10.74 16.35 13.70 54
EV charging plan coverage across portfolio % 100 125
Electricity Intensity (kWh/m²) - cumulative reduction relative to 2018 % 18% 22
Electricity intensity cumulative reduction relative to 2018 (kWh/m²) % 18 33
Electricity intensity reduction (kWh/m2) relative to 2018 % 13.8 122
Electricity intensity reduction for Forum 66 (Shenyang, mainland China) % 13.9 95
Electricity intensity reduction for Olympia 66 (Dalian, mainland China) % 19 95
Electricity intensity reduction for Riverside 66 (Tianjin, mainland China) compared to 2018 baseline % 13.4 96
Target cumulative reduction in electricity intensity relative to 2018 % 16 17 18 54
Target electricity intensity (kWh/m²) kWh/m² 69.07 68.25 67.43 54

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 2023 2025 Report Pages
Operational Water Use - reduction in water intensity (m³/m²/year) relative to 2018 % 10% 22
Water recycled (Total) m³ 58665 139

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

Indicator Unit 2021 2022 2023 2024 2025 Report Pages
2023 KPI: Conduct at least two pilots to expand EV charging spaces (one in Hong Kong, one on Mainland) Completed 48
50% of total debts and available facilities from sustainable finance through subsidiary Hang Lung Properties percent 50 23
Construction floor area (CFA) certified to LEED/BEAM Gold or above % 80 10
Investments (Cat 15) - HK Tonnes CO2e 12986 15395 13541 138
Maintain WELL HSR rating for at least 10 mainland buildings buildings 10 126
Number of active construction sites in Hong Kong 2 2 2 102
Number of active construction sites in mainland China 7 6 6 102
Obtain WELL HSR rating for 15 Hong Kong buildings buildings 15 126
Pilot waste stream for upcycling in construction/renovation projects pilot stream 1 125

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 2023 2024 2030 2050 Report Pages
Carbon cost under most ambitious NGFS scenarios HKD HKD 969 million - HKD 14 billion 48
Carbon cost under most ambitious NGFS scenarios (range) HKD HKD 63 million - HKD 1 billion 48
Climate adaptation measures implemented in properties properties 2 122
Implementation of adaptation measures in mainland China or Hong Kong properties properties 2 125
Technical analysis for climate adaptation completed for development projects (Hang Lung Properties Limited) % 83 37
Technical analysis for climate adaptation completed for properties (Hang Lung Properties Limited) properties 25 37
Technical analysis for climate adaptation completed for total floor area of existing properties (Hang Lung Properties Limited) % 94 37
Technical analysis for climate adaptation conducted for properties in Hong Kong properties 2 122
Technical analysis for climate adaptation conducted for properties in mainland China properties 7 122
Technical deep-dive analysis for climate adaptation in one property (mainland China or Hong Kong) property 1 125

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

Indicator Unit 2021 2022 2023 2025 Report Pages
Contract / Temporary employees (Female) - Total Number 7 9 2 142
Contract / Temporary employees (Male) - Total Number 10 11 7 142
Contract / Temporary employees - Hong Kong Number 17 20 9 142
Contract / Temporary employees - Total Number 17 20 9 142
Employees by age group (30-50) - Hong Kong Number 569 555 527 142
Employees by age group (30-50) - Mainland China Number 2498 2498 2519 142
Employees by age group (30-50) - Total Number 3067 3053 3046 142
Employees by age group (Over 50) - Hong Kong Number 394 394 367 142
Employees by age group (Over 50) - Mainland China Number 256 276 333 142
Employees by age group (Over 50) - Total Number 650 670 700 142
Employees by age group (Under 30) - Hong Kong Number 97 97 74 142
Employees by age group (Under 30) - Mainland China Number 456 429 393 142
Employees by age group (Under 30) - Total Number 553 526 467 142
Employees by employee category (Administrative staff) - Hong Kong Number 400 412 386 142
Employees by employee category (Administrative staff) - Mainland China Number 1350 1408 1452 142
Employees by employee category (Administrative staff) - Total Number 1750 1820 1838 142
Employees by employee category (Executive staff) - Hong Kong Number 157 166 166 142
Employees by employee category (Executive staff) - Mainland China Number 153 176 192 142
Employees by employee category (Executive staff) - Total Number 310 342 358 142
Employees by employee category (Operational staff) - Hong Kong Number 503 468 416 142
Employees by employee category (Operational staff) - Mainland China Number 1707 1619 1601 142
Employees by employee category (Operational staff) - Total Number 2210 2087 2017 142
Employees by gender (Female) - Hong Kong Number 451 454 427 142
Employees by gender (Female) - Mainland China Number 1237 1290 1322 142
Employees by gender (Female) - Total Number 1688 1744 1749 142
Employees by gender (Male) - Hong Kong Number 609 592 541 142
Employees by gender (Male) - Mainland China Number 1973 1913 1923 142
Employees by gender (Male) - Total Number 2582 2505 2464 142
Employees covered by collective bargaining (Percentage of total employees, MC) % 39 145
Executive staff in revenue-generating functions (e.g., sales, leasing) - HK % of female 47 144
Executive staff in revenue-generating functions (e.g., sales, leasing) - MC % of female 41 144
Executive staff in revenue-generating functions (e.g., sales, leasing) - Total % of female 44 144
Female-to-Male pay ratio (target: 1:1) 1:1 23
Female-to-Male pay ratio (target: maintain 1:1) 1:1 68
Gallup Overall Database employee engagement percentile rank percentile 74 10
Number of interns welcomed 33 74
Number of interns with special needs or differing abilities hired in Mainland China 6 82
Number of management trainees welcomed 17 74
Number of staff aged 60 and above 65 82
Percentage of Executive Staff by Gender (Female) % 39.4 82
Percentage of Executive Staff by Gender (Male) % 60.6 82
Percentage of Staff by Age Group (30-50) % 72.3 82
Percentage of Staff by Age Group (Over 50) % 16.6 82
Percentage of Staff by Age Group (Under 30) % 11.1 82
Permanent Full Time employees (Female) - Total Number 1681 1730 1743 142
Permanent Full Time employees (Male) - Total Number 2572 2494 2457 142
Permanent Full Time employees - Hong Kong Number 1043 1021 955 142
Permanent Full Time employees - Mainland China Number 3210 3203 3245 142
Permanent Full Time employees - Total Number 4253 4224 4200 142
Permanent Part Time employees (Female) - Total Number 4 5 4 142
Permanent Part Time employees - Hong Kong Number 4 5 4 142
Permanent Part Time employees - Total Number 4 5 4 142
Ratio of basic salary of women to men by employee category - Administrative staff - HK Ratio 1.189 144
Ratio of basic salary of women to men by employee category - Administrative staff - MC Ratio 1.18 144
Ratio of basic salary of women to men by employee category - Administrative staff - Total Ratio 1.109 144
Ratio of basic salary of women to men by employee category - All staff - HK Ratio 1.015 144
Ratio of basic salary of women to men by employee category - All staff - MC Ratio 1.009 144
Ratio of basic salary of women to men by employee category - All staff - Total Ratio 0.977 144
Ratio of basic salary of women to men by employee category - Executive staff - HK Ratio 1.238 144
Ratio of basic salary of women to men by employee category - Executive staff - MC Ratio 1.245 144
Ratio of basic salary of women to men by employee category - Executive staff - Total Ratio 1.182 144
Ratio of basic salary of women to men by employee category - Operational staff - HK Ratio 1.168 144
Ratio of basic salary of women to men by employee category - Operational staff - MC Ratio 1.04 144
Ratio of basic salary of women to men by employee category - Operational staff - Total Ratio 1.092 144
Return to work rate by gender - Female - HK % 100 144
Return to work rate by gender - Female - MC % 100 144
Return to work rate by gender - Female - Total % 100 144
Supervised workers - Hong Kong Number 44 70 49 142
Supervised workers - Mainland China Number 26 26 42 142
Supervised workers - Total Number 70 96 91 142
Total hours worked (HK) Hours 2366760 2352395 2380526 146
Total hours worked (MC) Hours 6204736 6459487 6553524 146
Total hours worked (Total) Hours 8571496 8811882 8934050 146
Total man-hours in Hong Kong man-hours 203580 881970 823830 102
Total man-hours in mainland China man-hours 4721091 6388380 8747407 102
Total number of employees entitled to parental leave - Female - HK Number 427 144
Total number of employees entitled to parental leave - Female - MC Number 1322 144
Total number of employees entitled to parental leave - Female - Total Number 1749 144
Total number of employees entitled to parental leave - HK Number 968 144
Total number of employees entitled to parental leave - MC Number 3245 144
Total number of employees entitled to parental leave - Male - HK Number 541 144
Total number of employees entitled to parental leave - Male - MC Number 1923 144
Total number of employees entitled to parental leave - Male - Total Number 2464 144
Total number of employees entitled to parental leave - Total Number 4213 144
Total number of employees took parental leave - Female - HK Number 8 144
Total number of employees took parental leave - Female - MC Number 68 144
Total number of employees took parental leave - Female - Total Number 53 144
Total number of employees took parental leave - HK Number 16 144
Total number of employees took parental leave - MC Number 109 144
Total number of employees took parental leave - Male - HK Number 8 144
Total number of employees took parental leave - Male - MC Number 41 144
Total number of employees took parental leave - Male - Total Number 34 144
Total number of employees took parental leave - Total Number 87 144
Total workforce (employees and supervised workers) - Hong Kong Number 1104 1116 1017 142
Total workforce (employees and supervised workers) - Mainland China Number 3236 3229 3287 142
Total workforce (employees and supervised workers) - Total Number 4340 4345 4304 142

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

Indicator Unit 2021 2022 2023 Report Pages
Absentee rate (HK) % 2.17% 2.00% 2.32% 146
Absentee rate (MC) % 1.63% 1.56% 1.50% 146
Key talent retention rate % 94.2 70
Number of voluntary turnover 622 440 419 70
Voluntary turnover rate % 14.6 10.4 9.9 70

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

Indicator Unit 2021 2022 2023 Report Pages
Fatalities rate (HK) % 0% 0% 0% 146
Fatalities rate (MC) % 0% 0% 0% 146
Fatalities rate (Total) % 0% 0% 0% 146
High-consequence work-related injuries (HK) Number 2 2 146
High-consequence work-related injuries (MC) Number 2 3 146
High-consequence work-related injuries (Total) Number 4 3 2 146
Injury rate per 100 employees (HK) 2.28 1.70 1.93 146
Injury rate per 100 employees (MC) 0.93 0.99 0.67 146
Injury rate per 100 employees (Total) 1.31 1.18 1.01 146
Number of accidents in Hong Kong 1 102
Number of accidents in mainland China 1 102
Rate of high-consequence work-related injuries (per 100 employees) (HK) 0.17 0.00 0.17 146
Rate of high-consequence work-related injuries (per 100 employees) (MC) 0.06 0.09 0.00 146
Rate of high-consequence work-related injuries (per 100 employees) (Total) 0.09 0.07 0.04 146
Work-related injuries (HK) Number 27 20 23 146
Work-related injuries (MC) Number 29 32 22 146
Work-related injuries (Total) Number 56 52 45 146

Lost days due to work injury.

Indicator Unit 2021 2022 2023 2025 Report Pages
Absentee rate (Total) % 1.78% 1.67% 1.72% 146
Lost Time Injury Rate (target: 1.5 or below for employees) 1.5 23
Lost Time Injury Rate for employees (2025 Target) 1.5 or below 78
Lost Time Injury Rate for employees (target: maintain 1.5 or below) 1.5 68
Lost day rate (per 100 employees) (HK) 45.38 32.90 87.38 146
Lost day rate (per 100 employees) (MC) 26.69 29.78 12.27 146
Lost day rate (per 100 employees) (Total) 31.85 30.61 32.28 146
Lost days due to work-related injuries (HK) Days 537 387 1040 146
Lost days due to work-related injuries (MC) Days 828 962 402 146
Lost days due to work-related injuries (Total) Days 1365 1349 1442 146
Lost-time injury frequency rate (LTIFR) (HK) Number of injuries/million hours worked 10.99 8.08 8.82 146
Lost-time injury frequency rate (LTIFR) (MC) Number of injuries/million hours worked 4.35 2.17 3.05 146
Lost-time injury frequency rate (LTIFR) (Total) Number of injuries/million hours worked 6.18 3.74 4.59 146
Lost-time work-related injuries (HK) Number 26 19 21 146
Lost-time work-related injuries (MC) Number 27 14 20 146
Lost-time work-related injuries (Total) Number 53 33 41 146
Number of accidents per 100000 man-hours in Hong Kong 0.113 0.121 102
Number of accidents per 100000 man-hours in mainland China 0.011 102
Rate of lost-time work-related injuries / Lost-time injury rate (LTIR) (HK) 2.20 1.62 1.76 146
Rate of lost-time work-related injuries / Lost-time injury rate (LTIR) (MC) 0.87 0.43 0.61 146
Rate of lost-time work-related injuries / Lost-time injury rate (LTIR) (Total) 1.24 0.75 0.92 146

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

Indicator Unit 2021 2022 2023 2024 Report Pages
Number of near-misses in Hong Kong 1 2 2 102
Number of near-misses in mainland China 1 4 102
Provide health and safety training to 100% of employees in mainland China and Hong Kong % 100 126
Provide health and safety training to 100% of main contractors in mainland China and Hong Kong % 100 126
Return to work rate by gender - Male - HK % 100 144
Return to work rate by gender - Male - MC % 100 144
Return to work rate by gender - Male - Total % 100 144
Total construction safety training hours in Hong Kong hours 5377 8955 4078 102
Total construction safety training hours in mainland China hours 7082.5 691.5 3163 102
Training hours by topic (Occupational health and safety, HK) Hours 3825 145
Training hours by topic (Occupational health and safety, MC) Hours 15599 145
Training hours by topic (Occupational health and safety, Total) Hours 13813 19424 145

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

Indicator Unit 2022 2023 2024 2025 Report Pages
Develop and deliver at least 500 hours of targeted ESG training hours 500 126
Employee engagement rating percentile (target: greater than or equal to 75th percentile) percentile 75 68
Employees receiving regular performance and career development reviews (Percentage of total employees, HK) % 100 145
Employees receiving regular performance and career development reviews (Percentage of total employees, MC) % 100 145
Employees receiving regular performance and career development reviews (Percentage of total employees, Total) % 100 100 145
Health and safety training coverage for employees in mainland China and Hong Kong (2023 KPI) percent 100 78
Health and safety training coverage for main contractors in mainland China and Hong Kong % 100 101
Increase in Gallup Overall Database employee engagement percentile rank percentile points 68 10
Learning & Development target - completion of key compliance courses % 100 74
Percentage increase in LinkedIn Learning colleagues with company sponsorship from 2022 % 75 74
Percentage of employees trained by employee category (Administrative staff, HK) % 100.0 145
Percentage of employees trained by employee category (Administrative staff, MC) % 99.8 145
Percentage of employees trained by employee category (Administrative staff, Total) % 99.8 99.8 145
Percentage of employees trained by employee category (Executive staff, HK) % 99.4 145
Percentage of employees trained by employee category (Executive staff, MC) % 99.0 145
Percentage of employees trained by employee category (Executive staff, Total) % 99.7 99.2 145
Percentage of employees trained by employee category (Operational staff, HK) % 98.8 145
Percentage of employees trained by employee category (Operational staff, MC) % 99.7 145
Percentage of employees trained by employee category (Operational staff, Total) % 99.4 99.5 145
Percentage of employees trained by gender (Female, HK) % 99.5 145
Percentage of employees trained by gender (Female, MC) % 99.7 145
Percentage of employees trained by gender (Female, Total) % 99.8 99.7 145
Percentage of employees trained by gender (Male, HK) % 99.3 145
Percentage of employees trained by gender (Male, MC) % 99.6 145
Percentage of employees trained by gender (Male, Total) % 99.5 99.6 145

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

Indicator Unit 2021 2022 2023 Report Pages
Annual employee training hours hours 94649 101824 126704 74
Average hours of employee training per employee - HK Hours per employee 17.0 144
Average hours of employee training per employee - MC Hours per employee 26.8 144
Average hours of employee training per employee - Total Hours per employee 30.1 144
Average training days per employee days 3.8 74
Average training hours by employee category - Administrative staff - HK Hours 18.0 144
Average training hours by employee category - Administrative staff - MC Hours 20.9 144
Average training hours by employee category - Administrative staff - Total Hours 26.3 144
Average training hours by employee category - Executive staff - HK Hours 25.8 144
Average training hours by employee category - Executive staff - MC Hours 36.3 144
Average training hours by employee category - Executive staff - Total Hours 30.9 144
Average training hours by employee category - Operational staff - HK Hours 12.5 144
Average training hours by employee category - Operational staff - MC Hours 30.9 144
Average training hours by employee category - Operational staff - Total Hours 33.4 144
Average training hours by gender - Female - HK Hours 19.0 144
Average training hours by gender - Female - MC Hours 27.1 144
Average training hours by gender - Female - Total Hours 32.3 144
Average training hours by gender - Male - HK Hours 15.4 144
Average training hours by gender - Male - MC Hours 26.6 144
Average training hours by gender - Male - Total Hours 28.5 144
Average training hours per employee hours 22.2 24.0 30.1 74
Increase in average training hours per employee compared to 2022 % 25 74
Learning & Development target - average learning hours per employee hours 24 74
Number of LinkedIn Learning courses viewed courses 2238 74
Number of LinkedIn Learning hours accumulated hours 506 74
Number of LinkedIn Learning videos viewed videos 11115 74
Percentage of key talent promoted or given expanded jobs % 45 70
Total hours of employee training - HK Hours 16430 144
Total hours of employee training - MC Hours 85865 144
Total hours of employee training - Total Hours 126704 144
Total training sponsorship granted HKD 793781 74
Training hours by category - Company and Market Knowledge hours 45600 74
Training hours by category - Functional hours 62254 74
Training hours by category - Leadership / Management hours 6262 74
Training hours by category - Personal Effectiveness hours 12588 74
Training hours by topic (Crisis management, HK) Hours 1094 145
Training hours by topic (Crisis management, MC) Hours 8097 145
Training hours by topic (Crisis management, Total) Hours 5057 9191 145

Number of suppliers by geographical region.

Indicator Unit 2021 2022 2023 Report Pages
Purchased goods & services (Cat 1) (HK) Tonnes CO2e 29391 31844 21748 137
Purchased goods & services (Cat 1) (MC) Tonnes CO2e 242633 219950 558443 137
Purchased goods & services (Cat 1) (Total) Tonnes CO2e 272024 251794 580191 137
Purchased goods & services (Cat 1a. Product) (HK) Tonnes CO2e 16567 18615 5783 137
Purchased goods & services (Cat 1a. Product) (MC) Tonnes CO2e 216010 196852 528264 137
Purchased goods & services (Cat 1a. Product) (Total) Tonnes CO2e 232577 215467 534047 137
Purchased goods & services (Cat 1b. Non-product) (HK) Tonnes CO2e 12824 13229 15965 137
Purchased goods & services (Cat 1b. Non-product) (MC) Tonnes CO2e 26623 23098 30179 137
Purchased goods & services (Cat 1b. Non-product) (Total) Tonnes CO2e 39447 36327 46144 137

Description of practices relating to engaging suppliers, number of suppliers where the practices are being implemented, and how they are implemented and monitored.

Indicator Unit 2024 Report Pages
Achieve 60% of total debts and available facilities from sustainable finance through subsidiary Hang Lung Properties % 60 126

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

Indicator Unit 2024 2025 Report Pages
100% of marketing events evaluated for their sustainability impacts percent 100 23
100% of potential asset acquisitions include ESG due diligence percent 100 23
Evaluate at least 80% of key suppliers' ESG performance % 80 126

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
100% of leases incorporate sustainability provisions percent 100 23

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

Indicator Unit 2024 Report Pages
Evaluate the sustainability impacts of at least 50% of local marketing events in Mainland and Hong Kong % 50 126

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

Indicator Unit 2022 2023 Report Pages
Training hours by topic (Data privacy and cyber security, HK) Hours 1779 145
Training hours by topic (Data privacy and cyber security, MC) Hours 5841 145
Training hours by topic (Data privacy and cyber security, Total) Hours 4315 7620 145

Description of preventive measures and whistle-blowing procedures, and how they are implemented and monitored.

Indicator Unit 2021 2023 2024 Report Pages
Number of Strategic ESG KPIs completed 24 24
Number of Strategic ESG KPIs endorsed 28 24
Number of Strategic ESG KPIs established annually nearly 30 24

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

Indicator Unit 2022 2023 Report Pages
Percentage of employees received anti-corruption training by employee category (Administrative staff, HK) % 100 145
Percentage of employees received anti-corruption training by employee category (Administrative staff, MC) % 99 145
Percentage of employees received anti-corruption training by employee category (Administrative staff, Total) % 99 99 145
Percentage of employees received anti-corruption training by employee category (Executive staff, HK) % 96 145
Percentage of employees received anti-corruption training by employee category (Executive staff, MC) % 99 145
Percentage of employees received anti-corruption training by employee category (Executive staff, Total) % 98 97 145
Percentage of employees received anti-corruption training by employee category (Operational staff, HK) % 98 145
Percentage of employees received anti-corruption training by employee category (Operational staff, MC) % 99 145
Percentage of employees received anti-corruption training by employee category (Operational staff, Total) % 98 99 145
Training hours by topic (Anti-corruption Training, HK) Hours 1092 145
Training hours by topic (Anti-corruption Training, MC) Hours 3981 145
Training hours by topic (Anti-corruption Training, Total) Hours 5004 5073 145

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

Indicator Unit 2021 2022 2023 2024 Report Pages
Collaborate with at least eight tenants in Hong Kong and eight tenants in Mainland under Tenant Partnership Program tenants (per region) 8 126
Investments (Cat 15) - Total Tonnes CO2e 12986 15395 13541 138
Number of Strategic ESG KPIs set 27 24
Number of female university students benefited from Hang Lung Future Women Leaders Program persons 180 10
Number of grassroots women and children engaged in Hang Lung Nationwide Volunteer Day people 7300 84
Number of ideas collected under Common Goal 67 24
Proportion of total debts and available facilities comprising ESG-related elements % 55 10

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

Indicator Unit 2021 2022 2023 Report Pages
Number of people benefited from Hang Lung As One volunteer team in Hong Kong and mainland China persons 37495 10
Number of volunteers participating in Hang Lung Nationwide Volunteer Day volunteers 1200 84
Volunteer hours in Hong Kong hours 4437 6832 10431 84
Volunteer hours in Mainland China hours 10146 11765 59460 84
Volunteering hours contributed by Hang Lung As One volunteer team hours 69891 10

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 2023
Direct GHG Emissions (Scope 1) Tonnes CO2e 2636 3942 4034
Indirect Energy Emissions (Scope 2) Tonnes CO2e 173988 184053 185997
Scope 3 GHG Emissions (Business Travel) Tonnes CO2e 259 442 1879
Scope 3 GHG Emissions (Downstream Leased Assets) Tonnes CO2e 130260 129025 155101
Scope 3 GHG Emissions (Employee Commuting) Tonnes CO2e 1641 1516 1595
Scope 3 GHG Emissions (Fuel and Energy-related Activities (Not Included in Scope 1 or Scope 2)) Tonnes CO2e 15929 16527 41410
Scope 3 GHG Emissions (Upstream Leased Assets) Tonnes CO2e None None 172
Scope 3 GHG Emissions (Upstream Transportation and Distribution) Tonnes CO2e 11110
Total GHG Emissions Intensity (By Area) tCO2e/m² 0.065 0.058 0.05 0.045 0.04 0.038
Total Other Indirect Energy Emissions (Scope 3) tCO2e 461009 443372 824002

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

Standard Indicator Unit 2023
Hazardous Waste Disposed tonnes 4.14
Total Hazardous Waste tonnes 4.14
Total Hazardous Waste Intensity (By Area) kg/m²/year 0.001

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

Standard Indicator Unit 2022 2023
Diversion Rate of Non-Hazardous Waste % 40 66
Glass Waste kg 32227
Non-Hazardous Waste (Domestic Waste) tonnes 58688
Non-Hazardous Waste (Kitchen Waste) kg 11466888
Non-Hazardous Waste Disposed tonnes 46767
Non-Hazardous Waste Incineration tonnes 10000 20000
Non-Hazardous Waste Landfilling tonnes 40000 20000
Non-Hazardous Waste Recycled tonnes 10000 20000
Paper Waste kg 345439
Plastic Waste kg 26814
Total Non-Hazardous Waste Incineration tonnes 10000 20000
Total Non-Hazardous Waste Intensity (By Area) kg/m²/year 13.5

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

Standard Indicator Unit 2023 2024 2025 2026 2030 2050
Percentage of Reduction in GHG Intensity Compared to Last Year % 41.3 35 40
Target Reduction in GHG Intensity Percentage by 2030 Compared to 2018 % 70 30 35 40
Target Scope 1 and 2 Emissions Reduction Percentage by 2030 Compared to 2018 % 70
Target Scope 1 and 2 Emissions Reduction Percentage by 2030 Compared to 2019 % 46.6
Target Scope 1 and 2 Emissions Reduction Percentage by 2030 Compared to 2020 % 25
Target Scope 1 and 2 Emissions Reduction Percentage by 2050 Compared to 2019 % 99.6

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

Standard Indicator Unit 2025
Target Hazardous Waste Intensity Reduction Percentage Compared to Last Year % 70

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 2021 2022 2023
Diesel Fuel Consumption GJ 509 536 741
Energy Consumption Intensity (By Area per Year) MJ/m²/year 317 306 308
Gasoline Consumption GJ 1708 1616 2200
Natural Gas Consumption GJ 2248 45386 32743
Percentage of Renewable Energy Consumption % 12.3 8.90889622021556 14.552856570046435
Purchased Electricity MWh 281586 299121 308617
Purchased Steam GJ 32495
Renewable Energy Consumption MWh 619 27384 45658
Solar Energy MWh 619 677 815
Total Electricity Consumption Intensity (By Area) kWh/m² 73.4 68.78 70.97
Total Energy Consumption GJ 1217283 1332867 1339369
Total Indirect Energy Consumption MWh 282206 299779 309252

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

Standard Indicator Unit 2023
Municipal Water Consumption m³ 2341000
Recycled Water Percentage % 2.6
Recycled Water Usage m³ 58665
Water Consumption m³ 2341000

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

Standard Indicator Unit 2023 2024 2025
Electricity Usage Reduction Percentage Compared to Last Year % 13.7
Target Electricity Usage Reduction Percentage Compared to Last Year % 16
Target Electricity Usage Reduction Percentage by 2025 Compared to 2023 % 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
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 2021 2022 2023
Number of Contractors Number 17 20 9
Number of Employees Aged 30-50 Number 3067 3053 3046
Number of Employees Aged Above 50 Number 650 670 700
Number of Employees Aged Below 30 Number 553 526 467
Number of Employees in Hong Kong Number 1060 1054 968
Number of Employees in Mainland China Number 3210 3195 3245
Number of Female Employees Number 1688 1744 1749
Number of Full-time Employees Number 4253 4224 4200
Number of Full-time Employees (Female) Number 1681 1730 1743
Number of Full-time Employees (Male) Number 2572 2494 2457
Number of Interns Number 33
Number of Male Employees Number 2582 2505 2464
Number of Part-time Employees Number 4 5 4
Number of Part-time Employees (Female) Number 4 5 4
Number of Temporary Workers Number 17 20 9
Number of Total Employees Number 4270 4249 4213
Percentage of Employees Aged 30-50 % 72.3
Percentage of Employees Aged Above 50 % 16.6
Percentage of Employees Aged Below 30 % 11.1
Percentage of Female Employees % 41.5
Percentage of Male Employees % 58.5

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

Standard Indicator Unit 2021 2022 2023
Turnover Rate of Total Employees % 14.6 10.4 9.9

Lost days due to work injury.

Standard Indicator Unit 2021 2022 2023
Lost Days Due to Work-related Injuries Days 1365 1349 1442
Lost Days Due to Work-related Injuries (Hong Kong) Days 537 387 1040
Lost Days Due to Work-related Injuries (Mainland China) Days 828 962 402
Lost Time Injury Frequency Rate (Hong Kong) Number of injuries/million hours worked 10.99 8.08 8.82
Lost Time Injury Frequency Rate (LTIFR/LTIR) Number of injuries/million hours worked 6.18 3.74 4.59
Lost Time Injury Frequency Rate (Mainland China) Number of injuries/million hours worked 4.35 2.17 3.05
Number of Work-related Injuries Number 53 33 41
Rate of Work-related Injuries 1.24 0.75 0.92

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

Standard Indicator Unit 2022 2023 2024
Participation Rate of Safety Training % 100 100
Total Hours of Safety Training for Employees hours 13813 19424

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

Standard Indicator Unit 2022 2023
Percentage of Employees Trained % 99.8 99.8
Percentage of Trained Administrative Employees % 99.8 99.8
Percentage of Trained Executive Employees % 99.7 99.2
Percentage of Trained Female Employees % 99.8 99.7
Percentage of Trained Male Employees % 99.5 99.6
Percentage of Trained Operational Employees % 99.4 99.5

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

Standard Indicator Unit 2021 2022 2023
Average Training Hours (Administrative Employees) hours 26.3
Average Training Hours (Executive Employees) hours 30.9
Average Training Hours (Female) hours 32.3
Average Training Hours (Hong Kong Employees) hours 17
Average Training Hours (Mainland China Employees) hours 26.8
Average Training Hours (Male) hours 28.5
Average Training Hours (Operational Employees) hours 33.4
Average Training Hours per Employee hours 22.2 24 30.1
Total Training Hours hours 94649 101824 126704
Training Hours of ESG hours 734

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

Standard Indicator Unit 2022 2023
Coverage Rate of Ethical Standards and Anti-Corruption Training % 99 99
Total Hours of Anti-corruption Training Hours 5004 5073

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

Standard Indicator Unit 2023
Number of Employees Participating in Volunteer Activities volunteers 1200
Total Volunteer Service Hours hours 69891