SUSTAINABILITY REPORT 2023

Year: 2023
Published: 2024-04-19
Status: Processed

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 2019 2020 2021 2022 2023 2030 Report Pages
Reduction in Scope 1 and 2 carbon emissions intensity (using 2019 as base year) % 62.4 60
Reduction in Scope 1 and 2 carbon emissions intensity by 2030 (based on 2019 baseline) % 62.4 31
Refrigerant kgCO2e 29848 4178 4410 63
Scope 1 & 2 Emission Intensity of SXTD Assets kgCO2 equivalent/m² 62.6 52.91 42.31 30.69 33.88 32
Scope 1 & Scope 2 combined kgCO2e 106311948 83043200 81496441 91114162 63
Scope 1 & Scope 2 per square meter of floor area kgCO2e/m2 5.291 4.231 3.069 3.388 63
Scope 1 (Direct emissions) kgCO2e 16029391 6665586 8375910 9932098 63
Scope 2 (location-based energy indirect emissions from purchased electricity) kgCO2e 90328178 76385050 73120531 81182063 63
Scope 3 (Tenant emissions) kgCO2e 99538919 119749924 63
Scope 3 (Tenant emissions) per square meter of floor area kgCO2e/m2 52.74 62.27 63
Scope 3 carbon emissions intensity reduction from downstream leased assets from 2019 base year % 100 12
Scope 3 carbon emissions intensity reduction target from downstream leased assets (from a 2019 base year) % 22 10
Scope 3 carbon emissions intensity reduction target from purchased goods and services (from a 2019 base year) % 22 10
Stationary and mobile combustion sources kgCO2e 15983770 6658150 8371501 9932098 63

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

Indicator Unit 2020 2021 2022 2023 Report Pages
Discharge density of hazardous waste kg/10000m2 2.04 1.3 0.5 63
Hazardous waste produced kg 3699 3464 1350 63

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

Indicator Unit 2020 2021 2022 2023 Report Pages
Discharge density of non-hazardous waste tonne/10000m2 13.42 40.91 24.95 20.04 63
Dry garbage 41764 22272 22473 21513 63
Food waste 21933 19934 14524 14635 63
Operational waste diverted from landfill % 72.2 12
Recycled materials 3764 1239 2116 2871 63
Sewage discharge m3 1040512 1054102 1045702 1182153 63
Total discharge of construction waste 29711 30391 27136 14882 63
Total discharge of household garbage tonnes 63697 43449 39116 39039 63
Total discharge of non-hazardous waste 93407 74736 66249 53901 63

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

Indicator Unit 2023 2030 Report Pages
Scope 1 and 2 carbon emissions intensity reduction from 2019 base year % 73.5 12
Scope 1 and Scope 2 carbon emissions intensity reduction target (from a 2019 base year) % 62.4 10

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

Indicator Unit 2019 2020 2021 2022 2023 2024 Report Pages
Diesel consumption Litre, MWh 12442 9118 11576 11340 63
Electricity purchased from renewable source MWh 5946 15921 27131 63
Electricity purchased from the grid (non-renewable) MWh 106156 109282 104707 108586 63
Energy Consumption Intensity of SXTD Assets MWh/1000m² 75.65 62.16 65.47 57.48 63.45 31
Gasoline consumption Litre, MWh 1849 1803 1817 53617 63
Intensity of energy consumption MWh/10000m2 62.16 65.47 57.48 63.45 63
Natural gas consumption MWh, m3 16349 18585 2811754 32459 63
Share of total electricity consumption from renewable sources in commercial properties (target for 2024) percent 20 11
Total energy consumption MWh 124889 136609 152622 170653 63

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

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Total water consumption m3 1156125 1171225 1166466 1313503 63
Water Consumption Intensity of SXTD Assets m³/1000m² 816.64 679.52 585.79 439.32 488.39 37
Water consumption intensity m3/10000m2 679.52 585.79 439.32 488.39 63

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

Indicator Unit 2023 2030 Report Pages
2030 goal of reducing energy intensity % 20 31
Operational energy intensity reduction from 2019 base year % 80.6 12

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 Report Pages
Operational water intensity reduction from 2019 base year % 100 12

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

Indicator Unit 2020 2021 2022 2023 Report Pages
Diversity of employee - 30-50 years old % 70.23 72.22 73.79 76.29 66
Diversity of employee - Above 50 years old % 11.62 11.42 11.68 10.81 66
Diversity of employee - Female % 47.09 47.18 47.35 47.87 66
Diversity of employee - Male % 52.91 52.82 52.65 52.13 66
Diversity of employee - Under 30 years old % 18.15 16.35 14.53 12.9 66
Diversity of governance body - 30-50 years old % 12.5 22.22 27.27 25 66
Diversity of governance body - Above 50 years old % 87.5 77.78 72.73 75 66
Diversity of governance body - Female % 12.5 22.22 27.27 33.33 66
Diversity of governance body - Male % 87.5 77.78 72.73 66.67 66
Employees that returned to work after parental leave ended that were still employed 12 months after their return to work - Female # employees 75 46 54 45 66
Employees that returned to work after parental leave ended that were still employed 12 months after their return to work - Male # employees 26 25 21 14 66
Employees that returned to work after parental leave ended that were still employed 12 months after their return to work - Total # employees 101 71 75 59 66
Maternity leave days available for female colleagues weeks 22.6 46
New employee hires rate by age group - 30-50 years % 68 65
New employee hires rate by age group - Above 50 years % 2 65
New employee hires rate by age group - Under 30 years % 31 65
New employee hires rate by gender - Female % 43 65
New employee hires rate by gender - Male % 57 65
New employee hires rate by geographical region - Hong Kong % 0.2 65
New employee hires rate by geographical region - Mainland China % 99.8 65
Parental Leave - employees that took parental leave - Female # employees 75 65 67 62 66
Parental Leave - employees that took parental leave - Male # employees 26 34 22 22 66
Parental Leave - employees that took parental leave - Total # employees 101 99 89 84 66
Paternity leave days provided to male colleagues days 10 46
Proportion of female in the Board composition % 22 27 33 46

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

Indicator Unit 2020 2021 2022 2023 Report Pages
Departure ratio of female to male employees 1:1.14 46
Employee turnover rate % 19 46
Employee turnover rate by age group - 30-50 years % 17 17 15 16 65
Employee turnover rate by age group - Above 50 years % 26 15 17 25 65
Employee turnover rate by age group - Under 30 years % 24 44 31 29 65
Employee turnover rate by gender - Female % 17 20 16 16 65
Employee turnover rate by gender - Male % 21 23 19 21 65
Employee turnover rate by geographical region - Hong Kong % 13 22 13 65
Employee turnover rate by geographical region - Mainland China % 19 21 18 19 65
Retention rate of employees that took parental leave - Female % 100 61 93 85 66
Retention rate of employees that took parental leave - Male % 100 96 105 67 66
Retention rate of employees that took parental leave - Total % 100 79 84 80 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 2023 Report Pages
Recordable work-related injury Cases 13 27 13 18 65
Recordable work-related injury per 100 employees 0.85 0.42 0.43 65
Work related injuries - Fatality as a result of work-related injury Cases 1 1 65
Work related injuries - Fatality as a result of work-related injury per 100 employees 0.03 65
Workplace fatalities - Number # employees 1 1 65
Workplace fatalities - Rate % 0.03 0.03 65

Lost days due to work injury.

Indicator Unit 2020 2021 2022 2023 Report Pages
Lost days due to work injury Days 289 533 159 508 65

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

Indicator Unit 2020 2021 Report Pages
Fire extinguishers kgCO2e 15773 3258 63

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

Indicator Unit 2020 2021 2022 2023 Report Pages
Employees trained by employee category - Employees % 90.5 100 99.9 99.1 65
Employees trained by employee category - Middle Management % 96.9 96.9 100 99.0 65
Employees trained by employee category - Senior Management % 95.9 73.5 100 100 65
Employees trained by gender - Female % 88.8 99.8 99.8 98.7 65
Employees trained by gender - Male % 94.5 99.7 99.8 99.4 65
Number of innovators/start-ups supported through incubation or entrepreneurship program 100 12

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

Indicator Unit 2020 2021 2022 2023 Report Pages
Average hours of training per employee per year average hours 32 12
Average training hours completed by employee category - Employees Hours 21.8 19.6 23.3 28.7 65
Average training hours completed by employee category - Middle Management Hours 23.9 16.3 15.7 21.6 65
Average training hours completed by employee category - Senior Management Hours 16.9 7.5 15.5 19.7 65
Average training hours completed by gender - Female Hours 16.4 18.3 19.8 26.9 65
Average training hours completed by gender - Male Hours 26.7 20.3 24 29.6 65

Number of suppliers by geographical region.

Indicator Unit 2020 2021 2022 2023 Report Pages
Proportion of spending on local suppliers - Products and services purchased locally % 100 100 100 100 66
Suppliers by geographical region - From China # 4627 5172 4943 5464 66
Suppliers by geographical region - From Hong Kong # 52 52 52 52 66
Suppliers by geographical region - From elsewhere # 67 67 67 67 66
Suppliers by geographical region - Total # 4746 5291 5062 5583 66

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 2023 Report Pages
Construction contractors and retail operation suppliers acknowledging Supplier Code of Conduct % 100 12
Green Pledge signing rate by F&B tenants percent 97 26
Green Pledge signing rate by office tenants (by leasing area) percent 83 26
Green Pledge signing rate by retail tenants percent 89 26

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

Indicator Unit 2023 Report Pages
Increase in tenants signing Green Pledge compared to 2022 percent 16 26
Number of F&B tenants participating in Green Menu initiative during Xintiandi Restaurant Week 800 26

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

Indicator Unit 2020 2021 2022 2023 Report Pages
Office building customer satisfaction # out of 100 93.8 94.6 92.6 95 66
Overall customer and occupant satisfaction in properties % 95 12
Overall customer satisfaction of the properties # out of 100 94.7 94.7 93.8* 94.9 66
Residential customer satisfaction # out of 100 95.1 95.3 95.2 95.8 66
Service-related complaints received - Complaint handling rate % 100 100 100 100 66
Service-related complaints received - Total complaints received # 285 2112 2777 2960 66
Shopping mall customer satisfaction # out of 100 95.2 94.2 93.7 94 66

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

Indicator Unit 2023 Report Pages
Implementation of Code of Conduct and Business Ethics for all employees % 100 12

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

Indicator Unit 2023 Report Pages
Number of programs curated per year across portfolios events 63 12

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

Indicator Unit 2020 2021 2022 2023 2030 Report Pages
Cumulative volunteer hours from 2019 hours 197475 12
Employee volunteer hours contributed hours 11900 46
Target for accumulated volunteer hours by 2030 hours 150000 46
Total Charitable Donations (in cash) RMB 13418999 13310000 5038566 2073304 66
Total hours of employee volunteering contributed Hours 2192 3099 179924 11900* 66

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 2020 2021 2022 2023
Direct GHG Emissions (Scope 1) kgCO2e 16029391 6665586 8375910 9932098
HFC Emissions kgCO2e 29848 4178 4410
Indirect Energy Emissions (Scope 2) kgCO2e 90328178 76385050 73120531 81182063
Scope 3 GHG Emissions (Downstream Leased Assets) kgCO2e 99538919 119749924
Scope 3 GHG Emissions Intensity (By Area) kgCO2e/m2 52.74 62.27
Stationary Combustion Emissions kgCO2e 15983770 6658150 8371501 9932098
Total GHG Emissions kgCO2e 106311948 83043200 81496441 91114162
Total GHG Emissions Intensity (By Area) kgCO2e/m2 5.291 4.231 3.069 3.388

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

Standard Indicator Unit 2020 2021
Total Hazardous Waste kg 3699 3464

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

Standard Indicator Unit 2020 2021 2022 2023
Diversion Rate of Non-Hazardous Waste % 72.2
Non-Hazardous Waste (Construction Waste) 29711 30391 27136 14882
Non-Hazardous Waste (Domestic Waste) tonnes 63697 43449 39116 39039
Non-Hazardous Waste (Kitchen Waste) 21933 19934 14524 14635
Non-Hazardous Waste Recycled 3764 1239 2116 2871
Total Non-Hazardous Waste Intensity (By Area) tonne/10000m2 13.42 40.91 24.95 20.04

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

Standard Indicator Unit 2023 2030
Scope 1 and 2 Emissions Reduction Percentage Compared to Last Year % 73.5
Target Scope 1 and 2 Emissions Reduction Percentage by 2030 Compared to 2019 % 62.4

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 2024
Diesel Fuel Consumption MWh 536 393 499 489
Energy Consumption Intensity (By Area) MWh/1000m² 75.65 65.47 57.48 63.45
Gasoline Consumption MWh 1849 1803 1817 1988
Grid Electricity Consumption MWh 106156 109282 104707 108586
Natural Gas Consumption MWh 16349 18585 29678 32459
Percentage of Renewable Energy Consumption % 4.35 10.44 15.9 20
Purchased Electricity MWh 106156 115228 120628 135717
Renewable Energy Consumption MWh 5946 15921 27131
Total Energy Consumption MWh 124889 136609 152622 170653

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

Standard Indicator Unit 2020 2021 2022 2023
Water Consumption m3 1156125 1171225 1166466 1313503

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

Standard Indicator Unit 2023 2030
Energy Consumption Reduction Percentage Compared to Last Year % 80.6
Target Energy Consumption Reduction Percentage Compared to Last Year % 20

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

Standard Indicator Unit 2020 2021 2022 2023
Percentage of Employees Aged 30-50 % 70.23 72.22 73.79 76.29
Percentage of Employees Aged Above 50 % 11.62 11.42 11.68 10.81
Percentage of Employees Aged Below 30 % 18.15 16.35 14.53 12.9
Percentage of Employees in Hong Kong % 0.2
Percentage of Employees in Mainland China % 99.8
Percentage of Female Employees % 47.09 47.18 47.35 47.87
Percentage of Male Employees % 52.91 52.82 52.65 52.13
Percentage of New Employees (Above 50) % 2
Percentage of New Employees (Aged 30-50) % 68
Percentage of New Employees (Aged Below 30) % 31
Percentage of New Employees (Female) % 43
Percentage of New Employees (Male) % 57

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

Standard Indicator Unit 2020 2021 2022 2023
Percentage of Employees still Employed 12 Months after Return to Work % 100 79 84 80
Percentage of Employees still Employed 12 Months after Return to Work (Female) % 100 61 93 85
Percentage of Employees still Employed 12 Months after Return to Work (Male) % 100 96 105 67
Turnover Rate of Employees Aged 30-50 % 17 17 15 16
Turnover Rate of Employees Aged Above 50 % 26 15 17 25
Turnover Rate of Employees Aged Below 30 % 24 44 31 29
Turnover Rate of Employees in Hong Kong % 13 22 13
Turnover Rate of Employees in Mainland China % 19 21 18 19
Turnover Rate of Female Employees % 17 20 16 16
Turnover Rate of Male Employees % 21 23 19 21
Turnover Rate of Total Employees % 19

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

Standard Indicator Unit 2020 2023
Number of Fatalities as a Result of Work-related Injuries persons 1 1
Number of Work-related Fatalities persons 1 1
Work-related Fatalities Rate % 0.03 0.03

Lost days due to work injury.

Standard Indicator Unit 2020 2021 2022 2023
Lost Days Due to Work-related Injuries Days 289 533 159 508

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

Standard Indicator Unit 2020 2021 2022 2023
Percentage of Employees Trained % 90.5 100 99.9 99.1
Percentage of Trained Female Employees % 88.8 99.8 99.8 98.7
Percentage of Trained Male Employees % 94.5 99.7 99.8 99.4
Percentage of Trained Middle Management % 96.9 96.9 100 99
Percentage of Trained Senior Management % 95.9 73.5 100 100

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

Standard Indicator Unit 2020 2021 2022 2023
Average Training Hours (Female) hours 16.4 18.3 19.8 26.9
Average Training Hours (General Employees) hours 21.8 19.6 23.3 28.7
Average Training Hours (Male) hours 26.7 20.3 24 29.6
Average Training Hours (Middle Management) hours 23.9 16.3 15.7 21.6
Average Training Hours (Senior Management) hours 16.9 7.5 15.5 19.7
Average Training Hours per Employee hours 21.8 19.6 23.3 32

Number of suppliers by geographical region.

Standard Indicator Unit 2020 2021 2022 2023
Number of Suppliers in Hong Kong # 52 52 52 52
Number of Suppliers in Mainland China # 4627 5172 4943 5464
Number of Suppliers in Overseas # 67 67 67 67
Number of Total Suppliers # 4746 5291 5062 5583
Proportion of Spending on Local Suppliers % 100 100 100 100

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

Standard Indicator Unit 2023
Number of Suppliers Signing Social Responsibility Code percent 100

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

Standard Indicator Unit 2020 2021 2022 2023
Complaints Handling Rate % 100 100 100 100
Total Number of Customer Complaints # 285 2112 2777 2960

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

Standard Indicator Unit 2023
Percentage of Employees Anti-corruption Policies have been Communicated to % 100

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

Standard Indicator Unit 2020 2021 2022 2023
Total Cash Donations RMB 13418999 13310000 5038566 2073304
Total Volunteer Service Hours hours 2192 3099 179924 11900