Sustainability Report 2023/24

Relevant SDG Example of Our Strategy and Initiative Ensure sustainable consumption and production patterns • Plan our business growth and rejuvenation with sustainability as one of the main considerations • Embed green and socially positive principles in our value chain collaborations Our Initiative 1. 2. 3. 4. Expand our green portfolio and enhance materials and natural resources consumption efficiency in our design, construction, operation and maintenance of properties Establish sustainable financing mechanisms with our suppliers to incentivize sustainable practices such as the Sanfield x DBS Bank Sustainability-linked Supplier Payment Services Programme Embed sustainability criteria in procurement, and mitigate supply chain environmental and social risks Encourage customers and tenants to practice sustainable living through our education centres and urban farms Take urgent action to combat climate change and its impacts • Work progressively on climate change mitigation and adaptation • Establish decarbonization strategies and regularly monitor our progress towards our 10-year environmental targets Our Initiative 1. 2. 3. 4. Incorporate climate-resilient features and measures in building design and daily operations Enhance climate management and disclosure with reference to the TCFD Recommendations and IFRS S2 Enhance awareness of our employees on climate change through training Research and pilot green building development and low-carbon construction material with universities The Group supports the HKSAR Government’s Climate Action Plan 2050. To this end, we joined the Carbon Neutrality Partnership and developed our own decarbonization strategy to pursue a green economy. This strategy encompasses the stages of project planning, construction, operation, maintenance and management, and extends to other aspects, such as green energy and transportation, covering our decarbonization initiatives across the value chain. Please visit SHKP’s Decarbonization Strategy for more details. Sun Hung Kai Properties Limited | Sustainability Report 2023/24 < 9 > 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