Sustainability Report 2018/19

Reducing Carbon Footprints by Enhancing Energy Efficiency Taking careful consideration of climate change issues in our energy management approach, the Group aims to transform our businesses to a low-carbon and climate- resilient economy. To achieve this, we have adopted a variety of measures related to energy efficiency and carbon footprints across all of our properties. We also actively support external initiatives, such as the Government’s Climate Action Plan 2030+ and the Energy Saving Plan for Hong Kong’s Built Environment 2015~2025+. Building-engineering and management specialists are assigned to monitor power consumption and provide latest information to the Group. During the reporting year, the Group’s EOC comprised 19 experts/professionals. To demonstrate our determination to lower overall energy consumption, we established a Group-wide energy reduction target, which aims to reduce electricity consumption intensity by 10% by fiscal year 2019/20, using 2014/15 as the base year. This target was conveyed to our subsidiaries, and specific energy-saving targets were established in most of our residential and commercial buildings, hotels as well as shopping malls. We are confident of achieving our goal as 55 buildings in our investment-property portfolio supervised by the EOC have, as of the date of this report, achieved an electricity consumption intensity of 143.75 kWh/m 2 of gross floor area. We aim to maintain our performance and expect to exceed the 2019/20 target of 145 kWh/m 2 next year. In order to replicate the positive achievement and explore new potential electricity-saving measures in the future, we continue to share best practices among other buildings managed by the Group and possibly expand the buildings list supervised by the EOC with a renewed 10-year target up to 2029/30. Electricity Consumption Intensities of Major Buildings Monitored by the EOC, 2014/15–2018/19 Specific energy-saving targets have also been established in different types of properties with promising results continuing apace. For example, Royal Plaza Hotel, has reduced its electricity consumption by 9.7% over the past 4 years while The Royal Garden cut electricity use by 3.6% compared to 2017/18. A wide range of measures to achieve energy-consumption reductions have been implemented in specific buildings. For example, The Leighton Hill offers free energy inspections for residents, along with advice on energy savings. Tsuen Wan Plaza has integrated IoT into its facility management system, which has made it more automated and intelligent to better control and monitor energy consumption in real time. The Group also highly encourages the use of electric vehicles. During the reporting year, 208 electric vehicle charging stations at 77 commercial and residential properties were provided by the Group to promote the use of more environmentally friendly electric vehicles. *2014/15 data covers 54 properties monitored by the EOC. Electricity consumption intensities (kWh/m 2 of gross floor area) 2014/15* 2015/16 2016/17 2017/18 2018/19 140 145 150 155 160 165 161.12 157.97 151.28 147.91 143.75 Value Created for the Environment Sun Hung Kai Properties Limited • Sustainability Report 2018/19 13