Sustainability Reports 2022/23

CASE STUDY Hong Yip signed a Memorandum of Understanding with the Hong Kong Green Building Council and BEAM Society to demonstrate its commitment to green buildings Carbon Reduction certificates Our subsidiaries in the reporting scope earned a total of Wastewi$e certificates Energywi$e certificates IAQwi$e certificates 43 415 10 392 Urban Redevelopment 98 How Ming Street Commercial Development Our signature urban redevelopment project at 98 How Ming Street, Kwun Tong, was formerly a bus depot. The depot has been transformed into two commercial buildings and a shopping centre, to benefit the community and the economy. From design and construction to facility management, the project uses green and smart technologies. These include smart building management, AI energy monitoring and predictive maintenance systems, Multi-trade Integrated Mechanical, Electrical and Plumbing (MiMEP), Design for Manufacture and Assembly (DfMA), Building Information Modelling (BIM) and the IoT. In addition, around 20,000 square feet of gardening space is open to regular occupants during building opening hours. In the heart of Kwun Tong, the project is close to two MTR stations and 70 bus routes, offering easy access to all parts of Hong Kong. It is directly connected to Millennium City 6 via a covered footbridge, enhancing the region’s cohesiveness, connectivity and pedestrian accessibility. Thanks to its environmentally-friendly and people-oriented design, construction, facility management and building operation, the commercial buildings, The Millennity, obtained Platinum pre-certification for BEAM Plus, LEED and WELL. For more details about its well-being features, please refer to the case study in Value Created for Customer section. Sun Hung Kai Properties Limited Sustainability Report 2022/23 17 Our Reporting Approach Message from the Sustainability Steering Committee Our Business Our Approach to Sustainability Value Created for the Environment Value Created for People Value Created for Customers Value Created for Supply Chain Value Created for Community Appendices