Sustainability Report 2023/24

Improving Living Environment and Promoting Social Integration To support sustainable development and create a more equitable society, we focus on leveraging our competitive edge on land bank and professional capabilities. Transitional Social Housing Project: United Court To improve living environment for low-income citizens and underprivileged families, SHKP collaborated with the Hong Kong Sheng Kung Hui Welfare Council to provide land for the United Court transition housing project. Opened in 2022, United Court comprises a total of 1,800 units, benefiting around 5,000 families. The people-oriented project offers facilities, social service and public space for recreation, social enterprise stores and weekend markets – all designed to foster a vibrant, community-driven atmosphere. Mentors and mentees visit sky100 United Court provides housing for low-income families Alleviating Pressure on Public Housing To support the HKSAR government’s affordable housing efforts, the Group has lent for a period of seven years land in Yuen Long to the government for the first batch of Light Public Housing. The project will provide 2,100 housing units to individuals and families, and expects to begin taking in residents in the first quarter of 2025. Community support – including public transport and other amenities such as retail and social welfare – will be available for residents and the wider population. The project will help alleviate pressure on the public housing supply. In boosting the efficiency and the quantity of affordable housing, this project will allow those on waiting lists to move in sooner and help improve living environment for the underprivileged, particularly families in subdivided units. Creating Multigenerational Housing The Group is dedicated to fostering multigenerational integration. Our large-scale residential development in Sai Sha – modelled after our first multigenerational project, Tung Shing Lei – caters to older generations with: • Adaptable units and flexible layouts • Broad corridors and doorways for easy access • Increased turnaround space to assist movement • Slip-resistant and anti-bacterial floor finishes • Spacious washrooms with extra handrails Facilities and support services include: • Amenities tailored to the needs of elderly residents and an outdoor area for enjoyment by all ages • Health and fitness programmes • Housekeeping and meal provision • Interest groups and diverse activities • Mentoring programmes and activities to connect different generations With age-appropriate designs, facilities and caregiving services, we hope to create an environment in which elderly residents live happily among their extended family. Strive and Rise mentor and mentee enjoying job-shadowing Working with the Government to Organize Mentorship Programme for Underprivileged Students Underprivileged young people are supported by the HKSAR Government-led Strive and Rise Programme, which was launched in 2022 to help low-income students and families living in subdivided units via mentorships, workshops and job-shadowing. Guidance and planning for the future is provided by 250 of our colleagues as peer mentors – 12 of whom received awards at the first cohort of the Strive and Rise graduation ceremony. We also organized field trips and community engagements – such as visits to the sky100 observation deck and the Kowloon Motor Bus factory – and participate in Noah’s Ark Life Planning events. The Group will actively participate in, and donate to, the second round of the programme. More than 230 employees have signed up to be mentors. United Court provides accessible and affordable housing options for underprivileged families. It also provides employment assistance and opportunities as well as vocational training for its residents, aiming to equip them with the necessary skills for employment. 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 Sun Hung Kai Properties Limited | Sustainability Report 2023/24 < 92 >