Sustainability Reports 2022/23

Governance Strategy Risk management Metrics and targets In our daily operations, our property management and construction subsidiaries actively and carefully manage our environmental performance and the risks associated with climate change, energy use and carbon emissions by implementing ISO 14001 and ISO 50001 management systems. During the reporting year, around 83% of our managed properties in the reporting scope aligned with ISO 14001 and ISO 50001 standards, providing a framework with which we can track our progress. In accordance with ISO 22301 Business Continuity Management Systems, Kai Shing has an adaption plan for ICC. Our Sustainable Supply Chain Management Guideline provides guidance on vendor registration, tender selection, identification of critical suppliers, performance grading and risk exposure. For more details, please refer to Mitigating Risks along the Supply Chain section. In the event of extreme weather, Hong Yip provides emergency assistance to more than 300 buildings. Kai Shing assists all managed properties via its advanced Emergency Monitoring and Support Centre. We prioritize the safety of our workers at construction sites. For example, Sanfield has measures to respond to the Heat Stress at Work warning. Sanfield and its subcontractors perform thermal stress assessments, and subcontractors are required to sign the heatstroke prevention charter. We provide heatstroke prevention equipment and supplies to workers during extreme heat conditions. Guidelines familiarize workers with emergency protocols during extreme weather, and we train workers to prevent and deal with heat stress. We also provide drinking water and cooling facilities at our sites. Climate-resilient Elements in Our Buildings Mitigate Physical Risks: • Floodgates at main entrances and carpark entrances in low-lying and flood-prone areas • Water baffles, typhoon nets, water cut-out sensors and IoT leak detectors in washrooms and machine rooms • Submersible pumps to remove floodwater at selected shopping malls • Remote-monitored sensors at important facilities, such as mains switch rooms, to warn staff of flooding • Intelligent windows to prevent rainwater from entering equipment rooms. These close automatically and seal the ventilation vanes with waterproof plastic strips when water levels reach one inch Hong Yip has conducted typhoon preparedness workshops annually before typhoon season since 2018. The workshops provided updates on procedures, guidelines and new technology to frontline staff to refresh and strengthen their handling and responding skills. More than 60 frontline staff attended the workshop this year. This year, Kai Shing conducted the drill at Grand Central Plaza with a scenario of executing rescue and evacuation procedures under heavy rainstorms and flooding caused by extreme weather. Employees from Kai Shing, Grand Central Plaza and officers from Sha Tin Fire Station participated in the drill. We aimed to strengthen our on-site staff’s response and capability to handle emergency incidents under extreme weather, thus preventing financial loss and ensuring customer safety. Install flood barriers and sandbags for flood control Our property management teams maintain close contact with stakeholders regarding extreme weather events. We provide handbooks to our staff to guide their responses to adverse weather, and equip them to deal with emergencies via frequent trainings, such as typhoon and rainstorm drills. Use 660-litre bin and submersible pump to drain water Sun Hung Kai Properties Limited Sustainability Report 2022/23 29 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