Sustainability Report 2019/20

Sun Hung Kai Properties Limited Sustainability Report 2019/20 The British Standards Institution is independent to Sun Hung Kai Properties Limited (hereafter referred to as “SHKP” in this statement) and has no financial interest in the operation of SHKP other than for the assessment and assurance of SHKP Sustainability Report 2019/20 (“Report”). This independent assurance opinion statement has been prepared for SHKP only for the purposes of assuring its statements relating to the Report, more particularly described in the Scope below. It was not prepared for any other purpose. The British Standards Institution will not, in providing this independent assurance opinion statement, accept or assume responsibility (legal or otherwise) or accept liability for or in connection with any other purpose for which it may be used, or to any person by whom the independent assurance opinion statement may be read. This statement is intended to be used by stakeholders and management of SHKP. This independent assurance opinion statement is prepared on the basis of review by the British Standards Institution of information presented to it by SHKP. The review does not extend beyond such information and is solely based on it. In performing such review, the British Standards Institution has assumed that all such information is complete and accurate. Any queries that may arise by virtue of this independent assurance opinion statement or matters relating to it should be addressed to SHKP only. Scope The scope of engagement agreed upon with SHKP includes the following : 1. The assurance covers all information and data presented in the Report, and focuses on systems and activities of SHKP and its wholly-owned subsidiaries (“the Group”) in Hong Kong, including property management, construction and hotel businesses during the period from 1 st July 2019 to 30 th June 2020. The Report is prepared in accordance with the Hong Kong Stock Exchange’s (“HKEx”) Environmental, Social and Governance Reporting Guide (“ESG Guide”) and the Core option of GRI Sustainability Reporting Standards (“GRI Standards”), and with reference to the ten principles of the United Nations Global Compact (“UNGC”). 2. Type 1 Moderate Level of Assurance in accordance with the AA1000 Assurance Standard, AA1000AS (2008) evaluates the nature and extent of SHKP’s adherence to three reporting principles, which include Inclusivity, Materiality and Responsiveness. The specified sustainability performance information/data disclosed in the Report has been evaluated. This statement was prepared in English and translated into Chinese for reference only. Opinion Statement We conclude that the Report provides a fair view of the SHKP’s sustainability programmes and performances in the reporting year. We believe that the economic, social and environmental performance indicators are fairly represented in the Report, in which SHKP’s efforts being made to pursue sustainable development are widely recognized by its stakeholders. Our work was carried out by a team of sustainability report assurors in accordance with the AA1000 Assurance standard, AA1000AS (2008). We planned and performed this part of our work to obtain the necessary information and explanations. We considered SHKP has provided sufficient evidence that SHKP’s self-declaration of compliance with the HKEx ESG Guide and the Core option of GRI Standards, and with reference to the ten principles of the UNGC were fairly stated. Methodology Our work was designed to gather evidence on which to base our conclusion. We undertook the following activities: • A top level review of issues raised by external parties that could be relevant to SHKP’s policies to provide a check on the appropriateness of statements made in the Report • Discussion with senior executives on SHKP’s approach to stakeholder engagement. We had no direct contact with external stakeholders • Interview with staff involved in sustainability management, report preparation and provision of report information • Review of key developments of the Group • Review of supporting evidence for claims made in the Report • An assessment of the Group’s reporting and management processes concerning this Report against the principles of Inclusivity, Materiality and Responsiveness. Conclusions A detailed review against the AA1000 AccountAbility Principles of Inclusivity, Materiality and Responsiveness, and in accordance with HKEx ESG Guide and GRI Standards and the ten principles of the UNGC is set out below: Statement No.: SRA-HK-735919 Appendix VI – Independent Assurance Opinion Statement Sun Hung Kai Properties Limited • Sustainability Report 2019/20 Appendix VI – Independent Assurance Opinion Statement 56