Environmental Targets

The Group integrates sustainable building features into our new developments and seeks to adopt best practices that improve the sustainability and environmental performance of our existing buildings. Our aim is to go beyond compliance and achieve our long-term goals, with the following 10-year targets by 2029/30 against the base year of 2019/20:

¹ SHKP set up an Energy Optimization Committee (EOC) in 2013 for the development and implementation of energy management strategy. EOC monitors the energy efficiency of major SHKP investment properties in Hong Kong.

² We have already met our target: by the end of FY2029/30, the scope 1 and 2 GHG emissions intensity of EOC-monitored buildings will be reduced by 25% from FY2019/20. Therefore, we have set the new goal.

Greenhouse Gas Emissions Management

To mitigate climate change, we pledge to minimize the carbon footprint of our buildings and operations. We are a signatory of the Carbon Reduction Charter and a Carbon Audit • Green Partner of the Hong Kong Environmental Protection Department. To support the government's call for carbon neutrality by 2050, we joined its Carbon Neutrality Partnership.

For details on the SHKP's Decarbonization Strategies, please visit here.

Energy Management

We strive to reduce energy consumption and enhance building energy efficiency with smart technology and digital solutions. To support the government's energy-saving plan, since 2017, we have been signatories of the Energy Saving Charter and the 4T (Timeline, Targets, Together, Transparency) Charter of the Hong Kong Environment and Ecology Bureau and the Electrical and Mechanical Service Department.

Water Management 

We are committed to enhancing water management, reducing waste, and raising conservation awareness across our operations. We have continued to support the Water Supplies Department's Let's Save 10L Water 2.0 campaign and improve our water management practices with advanced water-saving measures.

Waste Management

In line with the government's waste-management plan, including the Hong Kong Blueprint for Sustainable Use of Resources 2013-2022, we adopted a three-tier waste-management strategy: prevention where possible, reduction and recovery where unavoidable. Innovative solutions, such as Building Information Modeling (BIM) design simulation, precast units and Design for Manufacture and Assembly (DfMA), are also widely adopted to streamline construction work and reduce waste and material consumption.