Sustainability Report 2018/19

Hoping to extend a positive environmental impact beyond our own operations, the Group actively engages our tenants and customers through a variety of measures and programmes to promote green shopping environments in our shopping malls, enabling them to pursue sustainability in harmony with our own approach. To this end, we promote energy and water conservation, waste reduction, material reuse and recycling, green procurement, as well as green practices at our shopping malls, as encouraged by the Hong Kong Green Shop Alliance. Encouraging Responsible Consumption at Malls Hong Yip and Kai Shing are dedicated to promoting responsible consumption habits among tenants and customers of our shopping malls. Many of our malls have shown considerable dedication in their efforts and have been recognized as a ‘Sustainable Consumption Enterprise’ by the Business Environment Council. A host of measures are regularly introduced at our shopping malls to create an environment that encourages responsible consumption. For example, we have installed automatic water dispensers to reduce the use of single-use plastic cups and bottles. We also provide wet umbrella dryers at malls to limit the need for single-use plastic bags. Reverse vending machines have also been installed to encourage plastic bottle recycling while e-directories and tablets are available at customer-service counters to reduce paper use. Over 10 malls managed by Hong Yip and Kai Shing have also expressed their support for and signed the Government’s latest ‘Glass Container Recycling Charter’. As a Charter partner, the malls make concerted efforts to promote source separation and clean recycling of glass containers, including those collected from tenants and in the public areas of the malls. In addition, we have installed solar panels at selected malls, including Tai Po Mega Mall and Landmark North, reinforcing our support for the latest Renewable Energy Feed-in Tariff Scheme while raising awareness about renewable energy consumption among tenants and customers. Case Study : Shaping a Green Shopping Environment • Kai Shing’s Uptown Plaza partners with one of its food and beverage tenants to donate reusable eating utensils to reduce waste disposal • Hong Yip and Kai Shing received a number of recognitions from the Hong Kong Green Shop Alliance Driving Sustainability Through Active Tenant Engagement By actively engaging our tenants, Hong Yip and Kai Shing seek to help them minimise their environmental footprints by encouraging them to incorporate green measures into their shops. For instance, we provide free energy audits for our mall tenants as a way to raise their awareness of energy management. These audits help identify energy-saving opportunities and provide technical advice on enhancing energy efficiency through improved designs and operations. Some of our malls, including Park Central Shopping Arcade, Mikiki, Metroplaza, Uptown Plaza and MillenniumCity 1 and 2, also cooperate with different environmental NGOs to carry out trial run campaigns to reduce municipal solid waste. We specifically target tenants that will soon move out of our malls and partner with them to donate reusable items to NGOs in need. In recognition of the continued commitment of Hong Yip and Kai Shing to promote a sustainable shopping environment, 22 of our malls received ‘The Power Partner Award – Shopping Mall’ from the Hong Kong Green Shop Alliance. Kai Shing also received ‘The Leading Partner Award – Developer / Strategic Partner’. Value Created for the Environment Sun Hung Kai Properties Limited • Sustainability Report 2018/19 12