Sustainability Report 2018/19

Anti-corruption At SHKP, we maintain the highest ethical and governance standards and will not tolerate corrupt practices of any kind in our business operations or throughout our supply chain. Our commitment to fight against corruption is clearly set out in our Group’s anti-corruption policies and the Code of Conduct which state that no staff should accept advantages, gifts or entertainment from our business partners, including suppliers and contractors. In addition, Board members and tendering companies are required to declare that there are no conflicts of interest between them. To raise awareness of anti-bribery and corruption, internal training was provided to over 1,300 employees during the reporting year. Our latest anti-corruption policy is available on our online vendor platform, which our partners can refer to at any time. Assessments are regularly conducted to ensure the adoption of ethical business practices of our suppliers and contractors. During the reporting period, we did not knowingly work with any suppliers or contractors who contravened our anti-bribery and corruption policy. Our anti-corruption measures are well supported by our robust corporate governance framework. For more information related to our corporate governance structure and practices, please refer to the Corporate Governance Report section of our Annual Report 2018/19 f or details. Competition To ensure prudent and just practices throughout our supply chain, we support fair competition and reject any anti-competitive practices. We strictly abide by the Competition Ordinance and invite external professionals to hold training sessions on anti-competitive behaviour, and educate our staff on respective regulations to increase awareness of such misconduct. To prevent bid-rigging in the tendering process, we regularly update and evaluate our authorised list with qualified and pre-approved companies. We will only invite companies that are on our list in the tendering process, and anti-collusion requirements are explicitly stated in all tender documents. The number of tenderers being invited is strictly monitored to ensure tender competitiveness. To prove that there is no anti-competitive behaviour in the tenderers’ business operations, all tenderers must submit an integrity and anti- collusion confirmation letter. To encourage reporting of any suspected cases of misconduct, malpractice, impropriety, unethical or unfair treatment, SHKP has established a whistleblowing mechanism for our internal and external stakeholders. If any suppliers or contractors are discovered to have breached our Code of Conduct or have been found to be involved in any corruption or anti-competitive behaviour, such violations will be reported to the respective law enforcement authorities immediately. Value Created for Supply Chain Sun Hung Kai Properties Limited • Sustainability Report 2018/19 33