Sustainability Report 2018/19

Strategies and Management Adhering to the spirit of Building Homes with Heart, the Group endeavours to contribute towards transforming Hong Kong into a sustainable city through strengthening our commitment to the four above-mentioned SDGs. Going beyond compliance with all applicable legal and environmental standards, we seek to integrate sustainable building designs into all of our new projects and continually improve the environmental performance of our existing buildings. Specifically, we align our environmental initiatives along the respective strategies of the Hong Kong Government and focus on addressing material environmental concerns such as the improvement of energy efficiency, waste management and resource consumption. We have also acknowledged climate changes and have begun looking deeper into its impacts on our business in order to be more responsive to possible consequences. Externally, the Group actively engages with the community through a wide range of programmes, aiming to draw the public’s attention to climate-change issues and other environment-related topics in order to encourage sustainable consumption practices. Governance Specialised committees have been formed to monitor specific areas of concern. For instance, the Energy Optimization Committee (EOC), led by the Internal Audit Department, oversees energy consumption of buildings, provides recommendations for improvements and facilitates Group-wide communication on energy management. The Environmental Committees of our property management and construction subsidiaries are responsible for the oversight of environment-related policies, strategies and measures. Environmental Policy The Group has in place a formal environmental policy to communicate with our stakeholders our commitment and approach to continuously improve environmental protection. The policy details our approach in applying sustainable development principles in our operations, from supply chain management and building designs all the way to property management. Environmental Management Systems Most properties and building construction sites managed by the Group have earned ISO 14001 Environmental Management System certifications. The Group regularly assesses system effectiveness both internally and externally to achieve continuous improvements. Sustainability Data Management System Since 2014, the Sustainability Data Management System has been in effect to facilitate data collection and monitor performance across business operations. The system is regularly reviewed and upgraded to meet new demands. Internal Review on Climate Change Related Impacts Climate change is now a global challenge and could pose significant risks to our operations and the community at large, in particular those brought about by extreme weather conditions. The Group recognizes the need to adopt preventive measures in order to mitigate and adapt to environmental impacts arising across our operations. In order to anticipate crises that might pose risks to our business continuity, such as disruptive typhoons, we have enabled respective business units and subsidiaries to identify and assess different risks, including climate change related issues, in their daily operations. An emergency notification system is also in place to ensure instant communication of information and instructions to relevant parties, including frontline staff, to effect a quick execution of crisis management. Value Created for the Environment Sun Hung Kai Properties Limited • Sustainability Report 2018/19 10