SHKP Sustainability Report 2024/25

Unit Head Office Construction Property Management Hotels Telecommunications and Information Technology Transport Infrastructure and Logistics Other Businesses Group Total 2024/25 2023/24 2022/23 2024/25 2023/24 2022/23 2024/25 2023/24 2022/23 2024/25 1 2023/24 2022/23 2024/25 2023/24 2022/23 2024/25 2023/24 2022/23 2024/25 2023/24 2022/23 2024/25 2 2023/24 3 2022/23 4 Greenhouse Gas (GHG) Emissions Direct GHG emissions (scope 1) tonnes of CO 2 equivalent (tonnes CO 2 e) 266 -- -- 7,440 -- -- 5,409 -- -- 7,606 -- -- 1,974 -- -- 5,645 -- -- 20,896 -- -- 49,236 18,002 5 17,316 5 Indirect GHG emissions (scope 2) – market-based tonnes CO 2 e 1,194 -- -- 5,891 -- -- 196,234 -- -- 55,805 -- -- 288,069 -- -- 24,081 -- -- 13,483 -- -- 584,757 200,189 5 212,896 5 Indirect GHG emissions (scope 2) – location-based tonnes CO 2 e 1,390 -- -- 10,815 -- -- 334,278 -- -- 90,188 -- -- 488,438 -- -- 44,354 -- -- 16,574 -- -- 986,037 332,908 339,829 Indirect GHG emissions (scope 3) tonnes CO 2 e 663,611 -- -- 243,600 -- -- 464,279 -- -- 71,396 -- -- -- -- -- 17,559 -- -- 99,226 -- -- 1,559,671 1,774,679 209 Category 1: Purchased goods and services tonnes CO 2 e 4,900 -- -- 4,681 -- -- 14,946 -- -- 48,342 -- -- -- -- -- 5,759 -- -- 76,659 -- -- 155,287 45,288 -- Category 2: Capital goods (including construction materials) tonnes CO 2 e 35 -- -- 212,931 -- -- 4,750 -- -- 2,336 -- -- -- -- -- 179 -- -- 85 -- -- 220,316 6 418,653 -- Category 3: Fuel- and energy-related activities tonnes CO 2 e 98 -- -- 1,937 -- -- 6,668 -- -- 1,865 -- -- -- -- -- 1,610 -- -- 306 -- -- 12,484 10,513 -- Category 4: Upstream transportation and distribution (including construction materials) tonnes CO 2 e 24 -- -- 13,537 -- -- 80 -- -- 6,562 -- -- -- -- -- 565 -- -- 19,349 -- -- 40,117 39,733 -- Category 5: Waste generated in operations tonnes CO 2 e 2 -- -- 5,353 -- -- 89,220 -- -- 6,113 -- -- -- -- -- 20 -- -- 24 -- -- 100,732 84,548 -- Category 6: Business travel tonnes CO 2 e 389 -- -- ** -- -- 19 -- -- 96 -- -- -- -- -- 53 -- -- 7 -- -- 564 494 209 Category 7: Employee commuting tonnes CO 2 e 2,914 -- -- 5,161 -- -- 32,402 -- -- 6,072 -- -- -- -- -- 4,769 -- -- 1,149 -- -- 52,467 44,778 -- Category 9: Downstream transportation and distribution tonnes CO 2 e ** -- -- ** -- -- ** -- -- 10 -- -- -- -- -- ** -- -- 51 -- -- 61 -- -- Category 11: Use of sold products tonnes CO 2 e 652,381 -- -- ** -- -- ** -- -- ** -- -- -- -- -- 4,603 -- -- 1,596 -- -- 658,580 7 793,540 -- Category 12: End-of-life treatment of sold products tonnes CO 2 e 2,868 -- -- ** -- -- ** -- -- ** -- -- -- -- -- ** -- -- ** -- -- 2,868 7 3,499 -- Category 13: Downstream leased assets tonnes CO 2 e ** -- -- ** -- -- 316,194 -- -- ** -- -- -- -- -- 1 -- -- ** -- -- 316,195 333,633 -- GHG Emissions Intensity – Market-based Scope 1 & 2 emissions intensity tonnes CO 2 e /m 2 0.070 0.070 0.070 0.008 0.013 0.009 0.030 0.040 0.040 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- tonnes CO 2 e/ room night -- -- -- -- -- -- -- -- -- 0. 039 0.027 0.034 -- -- -- -- -- -- -- -- -- -- -- -- tonnes CO 2 e/ revenue HK$'000 -- -- -- -- -- -- -- -- -- -- -- -- 0. 039 -- -- 0.012 -- -- 0.012 -- -- -- -- -- Non-hazardous Waste Disposal 8 Total tonnes ** -- -- 52,893 -- -- 138,308 -- -- 10,457 -- -- 217 -- -- ** -- -- ** -- -- 201,875 213,506 253,287 General waste tonnes ** -- -- ** -- -- 138,308 -- -- 10,457 -- -- 217 -- -- ** -- -- ** -- -- 148,982 123,485 102,188 Construction and demolition waste tonnes -- -- -- 52,893 9 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 52,893 90,021 151,099 Non-hazardous Waste Recycled 8 Total tonnes ** -- -- 345,750 -- -- 4,004 -- -- 581 -- -- 8 -- -- 8 -- -- ** -- -- 350,351 195,756 953,206 Paper kg ** -- -- 17,796 -- -- 2,860,892 -- -- 171,940 -- -- 7,765 -- -- 8,088 -- -- ** -- -- 3,066,481 2,750,417 2,453,599 Plastic kg ** -- -- 1,014 -- -- 215,449 -- -- 3,714 -- -- -- -- -- 18 -- -- ** -- -- 220,195 172,984 96,141 Metal kg ** -- -- 597,989 9 -- -- 98,404 -- -- 2,582 -- -- -- -- -- ** -- -- ** -- -- 698,975 1,531,448 3,440,402 Used cooking oil kg ** -- -- ** -- -- 109,585 -- -- 13,023 -- -- -- -- -- ** -- -- ** -- -- 122,608 112,442 130,706 Food waste kg ** -- -- ** -- -- 614,473 -- -- 324,860 -- -- -- -- -- ** -- -- ** -- -- 939,333 479,874 380,187 Glass kg ** -- -- 9 -- -- 106,277 -- -- 64,589 -- -- -- -- -- ** -- -- ** -- -- 170,875 68,149 79,038 Construction and demolition waste tonnes -- -- -- 345,133 9 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 345,133 190,641 946,626 Appendix III – Performance Tables Environmental Performance – Operations in Hong Kong 1 Starting from 2024/25, the environmental performance of 5 franchise hotels is included in the calculations. 2 After the review of business operations, we have expanded our data collection scope this year. Environmental data of 2024/25 includes head office, 18 construction sites, 144 buildings from property management, 5 Royal brand hotels, 5 franchise hotels and our non-property portfolio businesses. ‘Telecommunications and Information Technology’ includes our listed subsidiaries, SmarTone and SUNeVision, while ‘Transport Infrastructure and Logistics’ includes Wilson Group and Hoi Kong Container Services. ‘Other Businesses’ includes YATA, but data for AFFC is currently included under property management. Due to the lack of data availability, scope 3 data for Telecommunications and Information Technology businesses is currently unavailable and we will explore their inclusion in the future. With the expansion of our data collection scope this year, data for 2024/25 cannot be directly compared with 2022/23 and 2023/24 data. 3 Environmental data of 2023/24 includes head office, 18 construction sites, 87 buildings from property management, and 5 Royal brand hotels. 4 Environmental data of 2022/23 includes head office, 19 construction sites, 87 buildings from property management, and 5 Royal brand hotels. 5 The figure has been restated to reflect the actual situation in that year. 6 In the capital goods for the 2024/25, due to a significant reduction in the total amount of construction materials used compared to the previous year, there was a notable decrease in Category 2 emission. 7 This year, we have enhanced our data collection, resulting in a reduction of Category 11 and 12 emissions. The emissions for the 2023/24 were calculated based on the estimated area of completed properties. In 2024/25, we refined our calculations to use actual sold property data, thereby deriving more accurate carbon emissions. 8 This year, we have enhanced our data collection system for waste and were able to disclose the data breakdown by business sector. 9 Data variance is due to the stage of construction, resulting in significant differences in construction and demolition waste disposed and recycled, metal recycled, fuel consumption, diesel consumption, water consumption, and the quantity of major construction materials used. 86 Sun Hung Kai Properties Limited | Sustainability Report 2024/25 ** denotes zero or insignificant data -- denotes not applicable or historical data not disclosed in previous reports 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 Appendix III