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Our Reporting Approach

Scope of the Report

This is the fifth annual stand-alone sustainability report by Sun Hung Kai Properties Limited

(SHKP), describing the sustainability performance and initiatives of our head office and

subsidiaries in Hong Kong. These include the wholly-owned Hong Yip Service Company

Limited and Kai Shing Management Services Limited in property management, Sanfield

(Management) Limited in construction and Royal Brand hotels – The Royal Garden, Royal

Park Hotel, Royal Plaza Hotel and Royal View Hotel. Also covered are major subsidiaries

SmarTone Telecommunications Holdings Limited in telecommunications and SUNeVision

Holdings Limited in information technology.

Our Hong Kong operations represent the majority of SHKP’s investments, and our most

significant environmental and social impact and influence is our property management,

construction and hotel businesses. However, in order to demonstrate our commitment to

better visibility of sustainability performance to stakeholders, we expand the scope of our

report to include telecommunications and IT infrastructure subsidiaries.

This report focuses on Hong Kong, which is in line with our business strategic direction.

While we will continue to expand our business on the mainland, currently it only represents

about 20% of our investments. As such, this report focuses on our businesses and operations

in Hong Kong. For more details of our businesses, please see our

annual report.

This report discloses our progress on economic, environmental, social and governance

issues from 1 July 2014 to 30 June 2015, unless otherwise stated.

Reporting Standards

The report has been prepared in accordance with the Core option of the Global Reporting

Initiative (GRI) G4 Sustainability Reporting Guidelines and Construction and Real Estate

Sector Disclosures requirements of the guidelines. Reference is also made to the updated

Environmental, Social and Governance (ESG) Reporting Guide set out in Appendix 27 of the

Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, as

outlined in Consultation Conclusions – Review of the Environmental, Social and Governance

Reporting Guide issued in December 2015 and the Ten Principles of the United Nations

Global Compact (UNGC).

In line with these standards, key stakeholders and our Sustainability Steering Committee

were engaged in the preparation of this report and in reviewing the most relevant and

important sustainability issues for the Group to report on. More details can be found in

Our Approach to Sustainability

section.

Report Assurance and Verification

Hong Kong Quality Assurance Agency has provided independent verification in accordance

with the Core option of the GRI G4 Guidelines with respect to the extent of coverage and

information provided. The verification statement can be found on

page 51.

We welcome stakeholder feedback

and suggestions.

Please contact us at:

sustainability@shkp.com

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Sun Hung Kai Properties Limited Sustainability Report 2014/15