SHKP Quarterly

Live a green life Through Hong Yip and Kai Shing, the Group has embedded environmental elements into its daily operations and the management of its residential properties to enhance the developments’ sustainability and promote environmental consciousness among the residents. To speed up the low-carbon transition, the Group is proactively promoting renewable energy with solar panels installed in a number of residential properties. Hong Yip and Kai Shing provide caring and convenient waste- reduction and recycling measures and are gradually increasing the number of charging facilities for electric vehicles. Also, the management service offices apply smart technology to reduce resource consumption, and some estates have urban farms for residents to experience the fun of gardening. Promoting renewable energy, and supporting energy saving and carbon emissions reduction To promote renewable energy and reduce carbon emissions, the Group has installed solar panels in some residential properties in recent years, including Europa Garden, Greenfield Garden, Park Island, Scenery Court, The Vineyard and Valais. The Vineyard has one of the largest solar panel installations among residential properties in Hong Kong with around 350 solar panels. The Valais clubhouse rooftop has solar panels, together with solar power equipment, to generate solar energy for daily use, such as lighting, closed-circuit television, mosquito repellent lamps and pedestal fans. Greenfield Garden has solar panels on the rooftop, supported by a smart system, which was recognized with a renewable energy award. The Group’s property management subsidiaries, Hong Yip and Kai Shing, continue to install solar panels in the Group’s residential developments and residences managed by them, wherever appropriate. According to its plan up to 2022, Hong Yip expects the solar systems in its managed residential properties to generate estimated annual renewable energy of about two million kWh* upon full operation, equivalent to the annual consumption of approximately 500 households in Hong Kong. Kai Shing plans to increase its solar panel coverage to over 20 of its managed residential projects in the next two years, generating estimated annual renewable energy of about 1.6 million kWh*. Waste reduction and recycling made easy The Group encourages residents to live sustainably by providing waste reduction and recycling facilities for a wide variety of materials, including paper, plastics, metals, glass, used clothes, food waste, moon cake boxes and Chinese New Year plants. Some estates even provide caring facilities and services to facilitate a low-carbon lifestyle. The Leighton Hill, for example, provides small bins to facilitate the collection of household food waste, which is then converted into fertilizer in an on-site food waste composter. An energy and waste check service provides residents with complimentary advice on energy saving and waste reduction. To reduce waste at source, The Leighton Hill works with a green group to conduct food audits for residents and offer tips on food waste reduction and proper food waste-handling procedures. The Valais clubhouse rooftop farm uses fertilizer made from food waste, and the vegetables grown in the farm are used in its clubhouse restaurant or shared with residents 天巒在會所天台開墾自耕種植，利用廚餘回收化成耕種肥料用於種植，農作物則供應給會所餐廳或送給住戶享用 Notes: kWh, standing for kilowatt-hour, is a unit of energy equal to one kilowatt of power sustained for one hour. It is commonly used as a billing unit for energy delivered to consumers by electric utilities. Feature Story Vol 102 • Q4 2021 • SHKP Quarterly 6