Sustainability Reports 2022/23

Sun Hung Kai Properties Limited Sustainability Report 2022/23 58 Value Created for Supply Chain Our Reporting Approach Message from the Sustainability Steering Committee Our Business Our Approach to Sustainability Value Created for People Value Created for Community Appendices Value Created for the Environment Value Created for Customers Seminar held with the Hong Kong Blockchain Society Supporting Innovative Development with Industry Partners To promote and support innovation, we work with industry partners. We hosted our first Building Information Modelling (BIM) and Design for Manufacture and Assembly (DfMA) summit last year, where experienced architects, surveyors and engineers shared their insights with stakeholders. A seminar was held again this year, introducing blockchain to our engineers, suppliers and contractors. We partnered with the Hong Kong Blockchain Society to discuss the system’s concept, applications and opportunities, to encourage our industry partners to adopt blockchain technology that will enhance the efficiency of their construction and procurement. MoUs signing ceremony for blockchain-based platform research with The Hong Kong Polytechnic University CASE STUDY Enabling Digital Transformation for Construction Sanfield Shared Innovative Solutions at Construction Innovation Expo Spearheading innovation, Sanfield Construction Innovations Limited was established in 2021 to create innovative solutions to the construction industry. This year, it participated in a Construction Innovation Expo, organized by the Construction Industry Council (CIC). Sanfield showcased its research and engaged in in-depth communication with construction practitioners from Hong Kong and overseas. The company’s solutions included Construction Robots, Artificial Intelligence and the Internet of things (AI-IoT) Hub, Digitalization: Blockchain Enabled Platform, SMART FM Energy Efficiency and Flexibility, and 5G-Enabled Unmanned Tower Crane. The 5G-Enabled Unmanned Tower Crane, one of the highlighted innovations from Sanfield, uses real-time monitoring and 5G remote control to manage critical data, such as wind speed, internet speed and cargo weight. This enables construction site operators to control the crane remotely in a safe environment. AI tools detect machine malfunctions for immediate correction to enhance project quality and efficiency. This innovative technology demonstrates our commitment to improving construction practices through advanced technology. The adoption of the IoT Geotechnical Monitoring System in New Life Farm is another highlight. The system utilizes a Global Navigation Satellite System (GNSS) technology, IoT sensors, wireless data transmission and automatic data capture to realize 24-hour remote monitoring from multiple locations. It combines with a set of mechanisms in the form of Alert, Alarm and Action (AAA) to monitor the site in real-time and ensure the safety of works. The system helps monitoring works from manual to automatic, enabling doing more with less. optimizes the entire property development process. It also facilitates the sharing of data, ensuring all stakeholders can access up-to-date information. This year, SHKP sponsored The Hong Kong Polytechnic University to carry out research on the first blockchain-based platform for the construction industry. Transparent, highly secure, digital and traceable blockchain technology in this platform enhances BIM and, with a paperless workflow, To support the digitalization of construction site monitoring, Sandfield signed the CIC’s Construction Digitalization Charter. We are committed to devising a digitalization roadmap for 2026 – incorporating BIM, common data environment and digital tools – and providing relevant training for our employees. 5G-Enabled Unmanned Tower Crane demonstration at the Construction Innovation Expo