Sustainability Report 2023/24

Sustainable Building Achievements in FY2023/24 ~ 56% of our managed properties (by total gross floor area) in the reporting scope have received green-building-related certificates 123 projects in Hong Kong earned BEAM Plus, LEED or BREEAM certifications 1,100+ EV charging facilities were installed at properties managed by our property management subsidiaries 10,000+ smart meters were installed at our properties to track and monitor the energy performance of the building and tenants ~ 98% of ongoing construction sites (by total gross floor area) were registered with BEAM Plus ~ 85% (by total attributable gross floor area) of our core completed office buildings for long-term rental in Hong Kong and Shanghai have received LEED Gold or Platinum ratings, including pre-certifications ~ 31% of our total procurements accounted for environment aspects in their decision-making Signed the first green lease agreement with UBS, our anchor tenant in XRL development Our Efforts in Waste Minimization and Recycling Our three-tier waste management emphasizes prevention, reduction and recovery. Government strategies, such as the Waste Blueprint for Hong Kong 2035, guide our initiatives. Our primary sources are construction, demolition and general waste. During the reporting year, we made good progress towards our 10-year target for diverting construction waste. For more details, please refer to the Strategies and Management section. During the Design and Construction Stages Waste management considerations are integrated with the employment of cutting-edge techniques throughout the lifecycle of each project. BIM simulations, precast components and DfMA are used to visualize our design and eliminate flaws in the design and construction stages. This ensures our quality and prevents unnecessary consumption of raw materials. We work with contractors to reduce waste by standardizing the dimensions of materials, establishing recycling facilities and, where practical, setting project-specific waste reduction targets for contractors. For instance, our project in Kai Tak has developed a waste management plan outlining its waste reduction target which aims for 100% reuse or recycling of excavated materials and lateral support work. We implement waste management plans and waste separation at all our developments, and send paper, cardboard, metal, aluminium, plastic and glass to local recycling centres. In Sanfield, the majority of our contractors and employees are educated in waste management techniques. All contractor site representatives receive training on waste management and they are required to comply with waste management requirements as stipulated in contract documents. Sun Hung Kai Properties Limited | Sustainability Report 2023/24 < 40 > 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