Sustainability Report 2023/24

To ensure the project aligns with the long-term interests of local stakeholders and minimizes disruptions, we engaged an external consultant to conduct a comprehensive ESG and community impact assessment. This involved desktop research, peer benchmarking, stakeholder surveys, interviews with local stakeholders, and extensive data collection. By exploring five key dimensions – innovative construction, sustainable infrastructure, natural preservation, community enhancement, and lifestyle and well-being – we have been able to address concerns, mitigate negative impacts and address local needs. The development’s infrastructure incorporates sustainable transportation. With an impact assessment highlighting local traffic needs, we have extended a 1.5km fraction of Sai Sha Road into four traffic lanes to address a potential surge in volume and improve the traffic condition of the area. Three footbridges and cycling tracks will be available for local communities and visitors, which will enhance walkability and promote sustainable transport options. We have also enhanced the drainage and sewerage systems of the area, immediately benefiting nearly 10,000 residents of Shap Sze Heung. For more details, please visit here. CASE STUDY Promoting Social Cohesion and Nurturing an Inclusive Community Blending sports, entertainment, dining and leisure with the natural environment, GO PARK Sai Sha spans more than 1.3 million square feet. The facility is scheduled for opening by end of 2024. Future operations will focus on creating positive value and maximizing customer satisfaction. We are partnering with local social enterprises to offer convenient meal packs for residents, using innovative vending solutions. Employment opportunities and training will be provided for the underprivileged and the disabled to foster inclusivity. Sai Sha Development Project demonstrates the Group’s commitment to incorporating sustainable and impactful elements into our project designs, and spearheads our exploration of opportunities in this area. The Sai Sha Road Widening Project will ease transport pressure 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 < 93 >