Beyond compliance, the Group aims to continually improve the environmental performance of our properties and operations. Through optimizing resource efficiency, acting on climate change and leveraging on innovative solutions, the Group seeks to contribute to building sustainable cities and communities.
Set new 10-year environmental targets
covering greenhouse gas emissions, electricity consumption, water use and construction waste diversion
Awarded 92 green-building-related certificates1
Formulated a new Climate Change Policy
to guide our efforts to mitigate the impacts of climate change
New Environmental Targets on GHG Emission, Water and Waste
GHG Emissions Management: Reduce the scope 1 and 2 GHG emissions intensity of EOC-monitored buildings2 by 25% by 2029/30, against 2019/20 as the base year
Energy Management: Reduce the electricity consumption intensity of EOC-monitored buildings2 by 13% by 2029/30, against 2019/20 as the base year
Water Management: Reduce the water use intensity of EOC-monitored buildings2 by 5% by 2029/30, against 2019/20 as the base year
Waste Management: Achieve an annual diversion rate of at least 70% of construction waste in Hong Kong construction projects within the reporting scope
The Group will closely monitor our environmental performance and work progressively to achieve the targets.
Sustainable Building Commitment
The Group was recognized for our continued commitment to developing green portfolio and has been awarded numerous green-building-related certificates. The Group aims to attain LEED certifications for all its new investment properties. In particular, the Group targets to obtain LEED Gold or Platinum ratings for its core commercial projects under development. We have been awarded 92 green-building-related certificates and over 96% of ongoing construction sites (by total GFA) are registered with BEAM Plus.
New Climate Change Policy
The Group recognizes the risks and opportunities brought by climate change. During the reporting year, the Group formulated a new Climate Change Policy. The policy serves as a guide for the Group to mitigate the impacts of climate change and to enhance the climate resilience and adaptability of our operations.