SHKP 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 Energy Optimization Committee (EOC) Chaired by a representative from the Internal Audit Department Comprises of 17 building engineering and management professionals Monitors building performance to enhance energy efficiency, water conservation and greenhouse gas (GHG) emissions Initiates improvement plans and fosters communication to promote best practices throughout the Group Environmental Committees at Our Subsidiaries Implement relevant strategies and policies, monitor targets and performance 16 Sun Hung Kai Properties Limited | Sustainability Report 2024/25 Highlights of Our Performance in FY2024/25 Strategies and Management Our Building Homes with Heart philosophy guides our commitment to Hong Kong’s sustainable future, aligning with United Nations’ Sustainable Development Goals while ensuring strict compliance with local environmental regulations and international standards. We maintain comprehensive adherence to applicable laws and regulations of the Hong Kong Special Administrative Region, including Air Pollution Control, Waste Disposal and Environmental Impact Assessment Ordinances. Recognizing climate risks’ impact on business continuity, we conducted scenario analyses to evaluate climate-related risks and opportunities across our operations. Our disclosure framework integrates Taskforce on Climate-related Financial Disclosures (TCFD) recommendations and references International Sustainability Standards Board (ISSB)’s IFRS S2 Climate-related Disclosures. This year, we have enhanced our disclosure by referencing Taskforce on Nature-related Financial Disclosures (TNFD) recommendations, implementing a systematic biodiversity management strategy that identifies and prioritizes low-impact sites, applies mitigation hierarchy and assesses biodiversity impacts. To enhance sustainable building practices, we invest in and employ green and smart technologies in our design, construction and operation. Our commitment to sustainable building innovation is strengthened through partnerships with universities and research institutes for green building materials and technology development. We conduct due diligence and initial environmental audits for each new development I C C LEED v5.0 Installed ~ 20,000 solar panels across 82 managed buildings and 2 construction sites ICC achieved Asia’s 1st LEED v5.0 Platinum certification Launched the construction of Hong Kong’s 1st private solar farm on landfill via a joint venture Secured ~ 150 green-building-related certifications 1 across 123 projects in Hong Kong Advanced steadily toward our 10-year environmental targets 1 Green-building-related certifications include BEAM Plus new and existing buildings (comprehensive and selective schemes), LEED or BREEAM certificates received by projects under development, and properties owned or managed by SHKP in Hong Kong. site or property at the acquisition or investment stage, as considered relevant and appropriate for the project or in compliance with applicable laws and regulations. The ESG factors considered include, but are not limited to, environmental protection, land contamination and remediation, landscape and biodiversity conservation, climate adaptation, impacts on local communities and other sensitive stakeholders as well as social factors, such as transportation connectivity and accessibility. This holistic approach ensures responsible development that benefits both the environment and society. Governance Our environmental governance structure ensures effective implementation of sustainability initiatives through dedicated committees. Our Climate Change, Environmental and Sustainable Building Policies: Climate Change Policy Outlines our efforts and strategy for climate change mitigation, adaptation and resilience Environmental Policy Provides comprehensive guidance on sustainable buildings, energy, water usage, waste management, biodiversity, climate change, carbon management and stakeholder engagement, while communicating our environmental commitments to stakeholders Sustainable Building Policy Guides the development of low-carbon, climate-resilient properties with user wellness at the forefront These policies undergo regular reviews by our Sustainability Steering Committee to maintain their effectiveness. Complete versions are available on our website .