Sustainability Reports 2022/23

Upgrading Existing Buildings to Pursue Sustainability SHKP promotes sustainability in its flagship buildings, via retrofitting, upgrades and innovation. Focusing on energy performance, resource and material management, biodiversity conservation and indoor air quality, we strive to upgrade existing buildings to create a green, comfortable and healthy environment for customers and tenants. Highlights of our buildings upgrading include: ICC One IFC and Two IFC 4 1 Used BIM with digital twin model to facilitate daily operations and optimize energy efficiency 3 Adopted double-deck lifts and destination control systems, IoT-based energy-monitoring, and smart lighting to enhance energy efficiency Used DfMA or MiMEP to improve the installation process Upgraded electrically commutated plug fans to enhance the reliability and efficiency Conducted annual energy audits and implemented energy- saving measures such as the refurbishment of central air conditioners 6 Saved 17 million kWh of electricity over the past 10 years, with a 29% reduction in energy intensity 7 Installed smart wireless sensors to monitor indoor air quality and noise in renovation areas in real time Purchased 55,000 MWh International Renewable Energy Certificates to offset around 21,450 tonnes of carbon emissions Received LEED Platinum certification, with a score of 87 – the highest among Platinum-rated projects under v4.1 Operations and Maintenance: Existing Buildings in Hong Kong 10 Rated among the Greater Bay Area’s top 100 low-carbon buildings by the GBA Carbon Neutrality Association For more green features, please visit here . Deployed chiller plant computer software to optimize energy efficiency and, via the IoT, collect data for analysis Applied solar-reflective painting on the rooftop to reduce the heat island effect Upgraded electrically commutated plug fans to enhance the reliability, system capacity and energy efficiency of the air-handling system IoT 1 2 3 Received LEED Platinum certifications, with scores of 84 (One IFC) and 83 (Two IFC). Two IFC was the first building in Hong Kong to attain LEED Platinum certification under v4.1 Operations and Maintenance: Existing Buildings ICC 2 4 9 5 8 Sun Hung Kai Properties Limited Sustainability Report 2022/23 19 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