Sustainability Report 2023/24

Sun Hung Kai Properties Limited | Sustainability Report 2023/24 < 113 > 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 V Appendix V — GRI Content Index GRI Standards Indicator Details UNGC’s Ten Principles Reference (Page number) Remarks/Omission GRI 2: General Disclosure 2021 The Organization and Its Reporting Practices 2-1 Organizational details Our Reporting Approach (1); Our Business (3-4 ) Our headquarters is located in Hong Kong and we operate in Hong Kong, mainland and Singapore. 2-2 Entities included in the organization’s sustainability reporting Our Reporting Approach (1) Our principal subsidiaries are listed on pp.220-225 of our Annual Report 2023/24. 2-3 Reporting period, frequency and contact point Our Reporting Approach (1) 2-4 Restatements of information Appendix III - Performance Tables (101-1 10) 2-5 External assurance Our Reporting Approach (1); Appendix VIII - Independent Assurance Opinion Statement (124-125) Activities and Workers 2-6 Activities, value chain and other business relationships Our Business (3-4 ); Value Created for Customer (56-6 9); Value Created for Supply Chain (70-8 2) There is no significant change in the value chain and business relationship. 2-7 Employees Principle 6 Our Reporting Approach (1); Appendix III - Performance Tables (101-1 10) As at 30 June 2024, the Group employed more than 40,000 employees. We do not employ non- guranteed hours employees. The data disclosed for social performance in Appedix III covers our full-time and part- time employees. Seasonal employment does not cause significant variations in the total workforce. 2-8 Workers who are not employees Principle 6 Our Reporting Approach (1); Appendix III - Performance Tables (101-1 10) Seasonal employment does not cause significant variations in the total workforce. Hong Kong and the mainland are the locations of operations covered in this report. The information of workers who are not employees is not available for the reporting year. Statement of use Sun Hung Kai Properties Limited has reported in accordance with the GRI Standards for the period 1 July 2023 to 30 June 2024 GRI 1 used GRI 1: Foundation 2021 GRI Standards Indicator Details UNGC’s Ten Principles Reference (Page number) Remarks/Omission Governance 2-9 Governance structure and composition Principle 10 Our Approach to Sustainability (5-1 5) More details can be found on Directors’ Biographical Information (pp.145-155) and Corporate Governance Report (pp.112-130) of our Annual Report 2023/24 and our website - Directors and Board Committees. 2-10 Nomination and selection of the highest governance body Principle 10 Our Approach to Sustainability (5-1 5) More details can be found in the Corporate Governance Report (pp.112-130) of our Annual Report 2023/24. 2-11 Chair of the highest governance body Our Approach to Sustainability (5-1 5) More details can be found in the Corporate Governance Report (pp.112-130) of our Annual Report 2023/24. 2-12 Role of the highest governance body in overseeing the management of impacts Our Approach to Sustainability (5-1 5); Appendix II - Stakeholder Engagement Process and Double Materiality Analysis Methodology (99-100) The Board meets at least once annually to review sustainability-related issues. 2-13 Delegation of responsibility for managing impacts Our Approach to Sustainability (5-1 5) 2-14 Role of the highest governance body in sustainability reporting Our Approach to Sustainability (5-1 5) The Board, via the Executive Committee, is also responsible for the Group’s Sustainability Report approval and endorsement. 2-15 Conflicts of interest Principle 10 Our Approach to Sustainability (5-1 5) More details can be found in the Corporate Governance Report (pp.112-130) of our Annual Report 2023/24. 2-16 Communication of critical concerns Our Approach to Sustainability (5-1 5); Value Created for Supply Chain (70-8 2) The Audit and Risk Management Committee reports to the Board on all critical concerns. There were no critical concerns communicated in the Sustainability Steering Committee. 2-17 Collective knowledge of the highest governance body Our Approach to Sustainability (5-1 5); Value Created for People (46-5 5) We circulate our Sustainability Report and ESG news regularly to strengthen the collective knowledge of the Board and conduct internal reviews on ESG issues. 2-18 Evaluation of the performance of the highest governance body Our Approach to Sustainability (5-1 5) More details can be found in the Directors’ Report ( pp.131-144) of our Annual Report 2023/24.