SHKP Sustainability Report 2024/25

68 Sun Hung Kai Properties Limited | Sustainability Report 2024/25 Sanfield shares insights on innovative solutions at the Building Safety Seminar Demonstrating smart construction solutions in the Sai Sha Development Project during CIC event height, ultimately reducing potential hazards and improving real-time monitoring — both of which are crucial for promoting overall building safety. In addition, Sanfield participated in the CIC - See What I See event to share Sanfield’s vision of improving operational efficiency and optimizing resource usage, and unveiled the innovative technologies implemented in the Sai Sha Development Project. One notable technology is the Panel Robot, designed for installing precast partitions. The sharing received positive reception, inspiring potential collaborations and paving the way for industry-wide innovation. In collaboration with The Hong Kong Institution of Engineers, we organized site visit to GO PARK Sai Sha, accommodatingmore than 30 members, consultants and industry professionals. During the visit, participants gained insight into the cutting-edge electrical and building services systems integrated into the park’s infrastructure, smart engineering solutions, green building design and sustainable urban development, enhancing knowledge sharing and supporting the advancement of the industry. Collaborating with Academia to Drive Innovation Our strategic partnership with Hong Kong Polytechnic University drives breakthrough research in green applications, building materials and construction processes. This project focuses on developing an intelligent, efficient and adaptable energy management system at the XRL Project. Desktop research indicates that total annual savings is around 5 million kWh, driven by optimal MVAC control strategies and integration with an AI-powered Building Management System. We are now implementing this system in the actual buildings, marking a significant milestone for real-world application. For green building materials, we engineered an innovative steam and CO 2 combined curing technique that improved the strength and reduced the sorptivity of cement paste while also creating a CO 2 activation process to incorporate a greater amount of low-carbon supplementary cementitious materials into concrete. Demonstrating our digital leadership, Sanfield signed the CIC’s Construction Digitalization Charter and is developing a comprehensive digitalization roadmap integrating BIM, common data environment, and advanced site monitoring digital tools. Elevating Safety Standards in Construction Ensuring the health and safety of our construction workers is our top priority and we have a robust health and safety framework: Health and Safety Governance We maintain strict compliance with all laws and regulations, including Occupational Safety and Health Ordinance, Employees’ Compensation Ordinance, and Factories and Industrial Undertakings Ordinance as well as the commitments outlined in our Health and Safety Policy. All contractors and subcontractors must align with our Health and Safety Policy, protocols, applicable OHS standards, and maintain The Board Guides our group-wide health and safety strategy and oversees performance through the Executive Committee The Occupational Health and Safety Committee Comprises of senior executives and manages health-and-safety risks, initiatives, targets and performance Our Annual Safety Targets 5 ISO 45001-certified (or equivalent) OHS management systems. We constantly upgrade our in-house safety standards and require subcontractors’ compliance. From this year, all elevating work platforms must comply with our new safety standard and be equipped with a smart protective height-limited sensor. We set annual safety targets for all employees, contractors and subcontractors. Through regular monitoring of safety performance and evaluation against these targets, we prioritize and integrate extensive action plans to prevent health-and-safety issues and mitigate identified risks. When projects fail to meet safety targets, project managers and site agents must convene at a Safety Executive Committee meeting to propose corrective actions for enhancing the OHS system and improving site conditions, with particular focus on high-risk activities. External safety consultants will be engaged to conduct safety management system audits for continuous improvement. Safety performance is linked to the related executives’ and employees’ annual performance bonuses. 5 This target is applicable for the calendar year 1 January 2024 to 31 December 2024. 6 Work-related injuries that result in hospitalization for more than 21 days (loss of 9% or above of permanent total incapacity); and, or fatalities. We oversee and monitor on-site health and safety through effective protocols to prepare and respond to emergency situations. Our safety mobile app enable supervisors to submit monthly safety reports, permits and checklists while providing colleagues with latest updates. 0 fatal accidents Less than 0.5 serious accidents 6 per 1,000 workers Less than 7.0 reportable accidents per 1,000 workers 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