Sustainability Report 2018/19
103-2 The management approach and its components See Strategies and Management section in each chapter for details. 103-3 Evaluation of the management approach See Strategies and Management section in each chapter for details. Economic Topics GRI 201: Economic Performance (2016) Management Approach Our Business (3-4) 201-1 Direct economic value generated and distributed Our Business (3-4) See Group Financial Summary chapter on pp. 6 of our Annual Report 2018/19 for more details. GRI 202: Market Presence (2016) Management Approach Our Business (3-4) 202-2 Proportion of senior management hired from the local community N/A Hong Kong is our major location of operation. majority of our executives are hired from Hong Kong. See our website - Directors and Board Committees for details. GRI 203: Indirect Economic Impacts (2016) Management Approach Value Created for Supply Chain (29-33); Value Created for Community (34-41) Indirect economic impacts include jobs supported in the supply chain and community initiatives. 203-1 Infrastructure investments and services supported N/A We work closely with government and local communities when developing properties and must take into consideration the impact of our developments on local traffic conditions and other infrastructure. While our investments are commercial, we go beyond regulatory requirements to build high-quality properties. GRI 204: Procurement Practices (2016) Management Approach Value Created for Supply Chain (29-33) 204-1 Proportion of spending on local suppliers Value Created for Supply Chain (29-33) Local suppliers are defined as suppliers in Hong Kong. Hong Kong is the only location of operation covered in this report. GRI 205: Anti-corruption (2016) Management Approach Principle 10 Value Created for Supply Chain (29-33) 205-3 Confirmed incidents of corruption and actions taken Principle 10 N/A There were no concluded legal cases regarding corrupt practices brought against the Group or its employees during the reporting period. GRI 206: Anti-competitive Behaviour (2016) Management Approach Value Created for Supply Chain (29-33) 206-1 Legal actions for anti- competitive behaviour, anti-trust, and monopoly practices N/A There were no legal proccesings invoving anti-competitive behaviour, or involving anti-trust and monopoly practices (if any) in Hong Kong during the reporting period. Environmental Topics GRI 301: Materials (2016) Management Approach Principle 7,8,9 Value Created for the Environment (9-15) 301-1 Materials used by weight or volume Appendix III - Performance Tables (45-47) The major materials we use are for construction-related activities. Although timber is not a major material used, all the timber use is from sources that are certified as sustainable. Use of packaging material for finished products is not material to our operations. GRI 302: Energy (2016) Management Approach Principle 7,8,9 Value Created for the Environment (9-15) Appendix V – GRI Standards Content Index – Core Sun Hung Kai Properties Limited • Sustainability Report 2018/19 52
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