Sustainability Report 2021/22

Our Approach to Sustainability The Group believes in Building Homes with Heart. Striving to fulfil our corporate mission, we integrate Environmental, Social and Governance (ESG) factors into our decision-making process. To support our long-term development, we have established robust corporate governance through relevant strategies and policies. The Group is committed to actively engaging our stakeholders through different channels of communication while the Sustainability Steering Committee closely monitors the progress of our sustainability strategies, thereby creating value for our stakeholders and facilitating sustainable development. Corporate Governance Our Board of Directors guides the overall direction of the Group’s strategies and development, including our sustainability and climate-related strategies and initiatives. The Board, via the Executive Committee, also monitors and reviews the Group’s corporate governance practices across business operations to maintain high standards and ensure compliance. Chaired by Eric Li and incorporating Dicky Yip, Norman Leung and Richard Wong as Committee members, the Audit and Risk Management Committee assists the Board in overseeing and maintaining the effectiveness of risk-management and internal- control systems of the Group. The Committee carefully evaluates respective risk elements, including ESG-related risks, and takes these factors into consideration during the decision-making process. The Committee’s latest terms of reference are available on the Group’s website and The Stock Exchange of Hong Kong’s website. SHKP maintains regular and active communication with our stakeholders. We disclose timely and accurate information to facilitate a high level of public transparency. Our efforts in adopting robust corporate governance have been recognized within the industry and we have received a variety of international and regional awards, including Asia’s Best Real Estate Company by FinanceAsia , as well as Asia’s Best CEO and Best Investor Relations Company in Asian Excellence Award 2021 from Corporate Governance Asia . For the full list of awards, please refer to our Corporate Website or Appendix I of this report. Further details of our corporate governance structure and practices are detailed in the Corporate Governance section of our Annual Report 2021/22. Sustainability Governance The Sustainability Steering Committee is appointed by the Group to supervise and manage sustainability issues across operations. Chaired by an executive director of the Group, the Committee is comprised of members of the Executive Committee and senior managers from key divisions. The Committee is responsible for overseeing the execution of the Group’s sustainability strategy, updating its sustainability policies, monitoring sustainability performance, goals and targets, and reviewing feedback from stakeholders. The committee is also responsible for evaluating the Group’s sustainability risks, including climate-related risks. Detailed disclosure on climate risks and opportunities with reference to the TCFD recommendations can be found in the Value Created for the Environment section of this report. The Committee meets on a regular basis to examine the sustainability issues above, and reports to the Board regularly for decision-making purposes where necessary. To step up our sustainability efforts, we have established different committees to more effectively manage a spectrum of sustainability-related issues through the engagement of specialists and representatives from various backgrounds. Committee Main Responsibility Energy Optimization Committee To monitor energy consumption of our properties for investment purpose; to oversee the Group’s energy, water and greenhouse gas (GHG) emissions performance, and progress made against respective targets Human Resources Committee To reinforce and refine our human resources policies Occupational Health and Safety Committee To oversee health and safety matters across all of our construction sites and managed properties IT Governance Steering Committee To manage customer data and information privacy Corporate Social Responsibility Committee To monitor our community investment projects and partnerships Sun Hung Kai Properties Limited • Sustainability Report 2021/22 5 Our Approach to Sustainability