Sustainability Report 2023/24

Sun Hung Kai Properties Limited | Sustainability Report 2023/24 < 108 > 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 Appendix III Unit 2023/24 1 2022/23 2 2021/22 3 Greenhouse gas (GHG) emissions within the Group Direct GHG emissions (scope 1) tonnes of CO 2 equivalent (tonnes CO 2 e) 3,140 3,770 4 4,451 Indirect GHG emissions (scope 2) 5 tonnes CO 2 e 54,061 57,840 4 51,211 GHG emissions intensity (scope 1&2) Head office tonnes CO 2 e/m 2 0.02 0.02 0.10 Property management tonnes CO 2 e/m 2 0.09 0.10 0.10 Non-hazardous waste disposal within the Group General waste tonnes 27,595 6 18,427 14,552 Non-hazardous waste recycled within the Group Paper kg 229,384 222,410 181,178 Plastic kg 19,619 19,045 18,676 Metal kg 4,175 5,095 755 Used cooking oil kg 2 3 4 - 4 Food waste kg 5,716,752 4,991,165 4,854,133 Glass kg 15,915 18,217 17,296 Hazardous waste collected and recycled within the Group 7 Total hazardous wastes collected and recycled within the group kg 10,172 9,689 10,735 Batteries kg 90 8 - 9 - Fluorescent lamp kg 18 13 - Toner Cartridge kg 216 10 77 - Waste Oil kg 9,848 9,600 4 - Energy consumption within the Group Total energy consumption Gigajoules (GJ) 391,799 394,170 4 346,129 Head office GJ 57,247 58,343 4 4,360 Property management GJ 334,552 335,827 4 341,769 Energy intensity Head office GJ/m 2 0.14 0.15 4 0.69 Property management GJ/m 2 0.62 0.63 0.64 Electricity consumption GJ 341,114 341,287 302,177 kWh 94,753,996 94,801,872 83,938,062 Head office GJ 42,421 41,160 3,295 kWh 11,783,739 11,433,376 915,228 Property management 11 GJ 298,693 300,127 298,882 kWh 82,970,257 83,368,496 83,022,834 Environmental Performance – Operations on the Mainland Unit 2023/24 1 2022/23 2 2021/22 3 Centralized Heating GJ 207 1,050 4 1 kWh 57,411 291,667 4 272 Head office GJ 207 12 1,050 4 1 kWh 57,411 12 291,667 4 272 Property management 11 GJ - 9 - 9 - 9 kWh - 9 - 9 - 9 Natural Gas consumption GJ 49,072 50,593 4 42,848 Head office GJ 13,241 14,908 4 - 9 Property management GJ 35,831 35,685 4 42,848 Fuel consumption GJ 1,406 1,240 1,103 Head office GJ 1,378 1,224 1,064 Property management GJ 28 15 39 Diesel consumption L 1,908 13 740 1,545 Head office L 1,188 340 545 Property management L 720 400 1,000 Petrol consumption L 38,284 34,807 29,979 Head office L 38,284 34,807 29,979 Property management L - 9 - 9 - 9 Water consumption within the Group Total water consumption m 3 814,919 794,985 4 272,212 4 Head office m 3 119,428 14 80,704 9,016 Property management m 3 695,491 714,281 4 263,196 4 Water intensity Head office m 3 /m 2 0.30 14 0.20 1.43 Property management m 3 /m 2 1.30 1.33 4 0.49 4 Water recycled m 3 1,450 1,600 1,000 Head office m 3 - 9 - 9 - 9 Property management m 3 1,450 1,600 1,000 Rain water recycled m 3 122 125 50 Head office m 3 - 9 - 9 - 9 Property management m 3 122 125 50 1 Environmental data of 2023/24 for the mainland covers our main operations in 9 offices in Beijing, Chengdu, China South and East and 2 key projects from property management – Shanghai IFC / Mall and Shanghai ICC / IAPM. 2 Environmental data of 2022/23 for the mainland covers our main operations in 8 offices in Beijing, Chengdu, China South and East and 2 key projects from property management – Shanghai IFC / Mall and Shanghai ICC / IAPM. 3 Environmental data of 2021/22 for the mainland covers our main operations in 7 offices in Beijing, Chengdu, China South and East and 2 key projects from property management – Shanghai IFC / Mall and Shanghai ICC / IAPM. 4 The figure has been restated to reflect actual usage during the year. 5 We use the latest emission factors to calculate our indirect GHG emissions (scope 2). The indirect GHG emissions (scope 2) here is location-based. Since the emissions factors for market-based regional grid are not up to date, we continued to use the national emission factor for electricity to calculate the indirect GHG emissions (scope 2) in mainland China. 6 The increase in general waste was due to the resumption of business activities after COVID-19, resulting in an increasing number of visitors and, subsequently, increased waste disposal. 7 Hazardous waste generated at our properties is collected by licensed waste collectors. 8 The increase in batteries collected and recycled in 2023/24 was due to the upgrade of UPS batteries in Chengdu office. 9 The data consumed or recycled was not significant. 10 Toner cartridges collected and recycled increased in 2023/24 since we began collecting toner cartridges recycling data in Chengdu office this year. 11 The data refers to electricity consumption and centralized heating of common area in office buildings, shopping malls and residential properties. 12 The decrease in centralized heating in 2023/24 was due to the reduced demand for heating in Beijing office. 13 The increase in diesel consumption in 2023/24 was due to the increased frequency of generators testing in shopping malls and managed properties. 14 The increase in water consumption and its intensity in 2023/24 was due to the operation of a new office in Guangzhou and increased occupancy rate in a property in Chengdu.