Sustainability Report 2019/20

1 Completion refers to the stage in which the project is ready for handover since the financial year of 2018/19. Hence, the figures since the financial year 2018/19 cannot be used for direct comparison with historical figures. 2 FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that SHKP has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products. Constituent of the Hang Seng Corporate Sustainability Index and Hang Seng (Mainland and Hong Kong) Corporate Sustainability Index with an ‘AA+’ rating Ranked 6 th in the Hong Kong Business Sustainability Index Ranked 4 th in the Greater Bay Area Business Sustainability Index Constituent of FTSE4Good Global Index Series 2 Hong Kong Land Bank Composition As a major property developer in the territory, we take up the responsibility to cater to the escalating demand for affordable housing. The Group continues to make use of diversified channels to replenish our land bank and actively convert our agricultural lands into buildable sites to secure a stable supply of land resources for future development, so as to meet the diverse needs of residential, office and retail customer groups. During the reporting year, SHKP acquired a commercial site with an attributable gross floor area of 3.16 million square feet through government tender. The Group’s attributable land bank in Hong Kong amounts to 57.5 million square feet, providing sufficient land bank for development over the next five years. Details of the land acquired during the reporting period can be found in the Land Bank section of the Chairman’s Statement o f our Annual Report 2019/2020. Land Bank During the reporting year, a total of ten projects in Hong Kong comprising about 3.5 million square feet of attributable gross floor area were ready for handover. Of this, around three million square feet are for residential purpose, while the remainder includes hotel, industrial building, shopping centre and mixed-use property. Please refer to the Property Development section of the Chairman’s Statement of our Annual Report 2019/2020 for our efforts in ensuring a sustainable supply of residential units. Despite the internal and external economic headwinds, the Group will continue with its pledge of Building Homes with Heart, while focusing on land acquisitions and property developments in Hong Kong, as well as providing a better living environment for the city by developing high-quality residences across a wide range of prices and unit sizes. Recognized for Sustainability SHKP has received recognitions from various major sustainability benchmarks and indices for our consistent sustainability performance. Our Business Properties Under Development 2016 FY 50 40 30 20 10 60 51.4 51.8 2017 2018 2019 2020 1 Completed Properties Gross floor area (in millions of square feet) 56.5 58.0 57.5 Sun Hung Kai Properties Limited • Sustainability Report 2019/20 4