SHKP Sustainability Report 2024/25

12 Sun Hung Kai Properties Limited | Sustainability Report 2024/25 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 2 Includes WELL Health-Safety Rating, WELL Performance Rating and WELL Certifications received by projects under development, and properties owned or managed by SHKP in Hong Kong. Resources Consumption and Waste Sustainable Buildings Oversight and Responsibilities The Board, via the Executive Committee and SSC, oversees the Group’s environmental strategy, plan and environmental performance improvement The SSC oversees the execution of the Group’s environmental management strategy, monitors performance and targets, and evaluates the Group’s environmental risks, including water risk The EOC monitors the buildings’ performance to improve the water conservation and construction waste diversion Potential Risks and Opportunities Increase capital investment in low-carbon products and technologies, along with potential litigation and financial risks from regulatory non-compliance Increase water efficiency and reduce costs in operations, materials procurement, waste treatment, and disposal through effective environmental management systems Our Strategies and Action Plans Implement ISO 14001 Environmental Management Systems and perform environmental audits regularly Utilize cutting-edge techniques and off-site prefabricated materials to reduce consumption and materials waste Implement circular economy initiatives and water-saving measures in our operations Metrics and Targets Reduce water use intensity by 5% for EOC-monitored buildings by FY2029/30 from FY2019/20 baseline, and achieve at least 70% diversion of construction waste annually Increase the number of ISO 14001 or ISO 50001-certified managed properties Our Performance in FY2024/25 Reduced water use intensity of EOC-monitored buildings by ~ 7.6% and diverted ~ 96.1% of construction waste ~ 60% of our managed properties and construction sites in the reporting scope, and Wilson Parking were certified with ISO 14001 or ISO 50001 management systems Relevant Material Topics Materials Waste Water Relevant SDGs Oversight and Responsibilities The Board, via the Executive Committee and SSC, oversees the Group’s sustainability strategy and performance, including sustainable building development The SSC oversees the execution of the Group’s sustainability strategy, monitors performance, and regularly reviews the Sustainable Building Policy to guide the development of sustainable and healthy buildings The project management teams and property management subsidiaries integrate sustainability and health considerations into building design, management and operations Potential Risks and Opportunities Increase capital investment in sustainable building development, and litigation and financial risks from non- compliance with sustainable building policies Increase revenue from growing sales and rentals due to rising demand for sustainable buildings, and reduce operating costs through improved building performance Our Strategies and Action Plans Develop and manage sustainable buildings aligned with global standards, incorporate green and wellness elements, and pursue sustainable building certifications where feasible Establish Indoor Air Quality (IAQ) programme and targets Metrics and Targets Achieve LEED certification for all new investment properties and obtain LEED Gold or Platinum ratings for core commercial projects under development Achieve WELL Building Standard where feasible Our Performance in FY2024/25 Earned ~ 150 green-building-related certificates for our 123 projects in Hong Kong ~ 85% (by total attributable gross floor area) of our core completed office buildings for long-term rental in Hong Kong and Shanghai have attained LEED Gold or Platinum ratings, including pre-certification 10 of our managed properties have obtained 14 WELL certificates 2 Relevant Material Topics Innovation Customer Well-Being, Health and Safety Product Safety and Quality Sustainable Buildings Relevant SDGs