SHKP Sustainability Report 2024/25

Scope 3 GHG Emissions Methodology We refer to the Greenhouse Gas Protocol (GHG Protocol) for scope 3 emissions calculation. Scope 3 Category Applicability to SHKP Definition (and Exclusion) Source of Emission Factor 1 Purchased goods and services Yes Emissions from extraction, production and transportation of goods and services purchased and acquired that are not included in categories 2 to 8. • Hong Kong Water Supplies Department (WSD) Annual Report • Supply Chain Greenhouse Gas Emission Factors published by the United States Environmental Protection Agency (USEPA) 2 Capital goods (including construction materials) Yes Emissions from extraction, production, and transportation of capital goods purchased or acquired by the company during the reporting year. Emissions from extraction, production, and transportation of construction materials purchased or acquired by the company during the reporting year. • Construction Industry Council (CIC) Carbon Assessment Tool (CAT) • Supply Chain Greenhouse Gas Emission Factors published by the USEPA 3 Fuel- and energy-related activities Yes Emissions related to the production of fuels and energy purchased and consumed by the company during the reporting year that are not included in scope 1 or scope 2. • CLP Group Sustainability Report • HK Electric Investments Sustainability Report • Towngas ESG Report • UK Government GHG Conversion Factors for Company Reporting published by the UK Department for Environment, Food and Rural Affairs (DEFRA) 4 Upstream transportation and distribution (including construction materials) Yes Emissions from transportation and distribution of products purchased during the reporting year, between a SHKP’s suppliers and SHKP’s own operations in vehicles not owned or operated by the company. • GWP from the IPCC AR6 • Inter-airport distance from the US Bureau of Transportation Statistics • Other transport routing from the EcoTransIT World • USEPA Emission Factors for Greenhouse Gas Inventories 5 Waste generated in operations Yes Emissions fromwaste treatment (e.g. disposal in landfill, incineration, composting, recovery for recycling, waste-to-energy, wastewater treatment, etc.) in facilities owned or operated by third parties. • Hong Kong Drainage Services Department (DSD) Sustainability Report • UK Government GHG Conversion Factors for Company Reporting published by the UK DEFRA • USEPA Emission Factors for Greenhouse Gas Inventories 6 Business travel Yes Emissions from transportation of employees for business-related activities in vehicles owned or operated by third parties. • International Civil Aviation Organization (ICAO) Carbon Emissions Calculator 7 Employee commuting Yes Emissions from transportation of employees between their homes and their worksites. • GHG Protocol Scope 3 Evaluator 8 Upstream leased assets No Operation of assets leased by the SHKP (as lessee) during the reporting year has been covered in scope 2, thus is excluded in this scope 3 category to avoid double counting. N/A 9 Downstream transportation and distribution Yes Emissions from transportation and distribution of products between SHKP’s operational locations and its end customers, using vehicles not owned or operated by the company. • GWP from the IPCC AR6 • Other transport routing from the EcoTransIT World • USEPA Emission Factors for Greenhouse Gas Inventories 10 Processing of sold products No There is no further processing of sold products in the core business of SHKP. This category is irrelevant to SHKP, thus is excluded. N/A 11 Use of sold products Yes Emissions from the use of goods, products, and properties sold by SHKP during the reporting year. • CLP Group Sustainability Report • EMSD Energy Utilisation Index-Residential Sector • ENERGY STAR Scope 3 Use of Sold Product Analysis Tool V2.0 • HK Electric Investments Sustainability Report 12 End-of-life treatment of sold products Yes Emissions from the end-of-life demolition, treatment, and waste disposal of properties and products sold by SHKP during the reporting year. • USEPA Emission Factors for Greenhouse Gas Inventories • WBCSD report “Net-zero buildings - Where do we stand?” - end-of-life embodied carbon (Modules C1-C4 as in BS EN 15978) 13 Downstream leased assets Yes Emissions from operation of leased assets owned by SHKP during the reporting year, not included in scope 1 and scope 2. • CLP Group Sustainability Report • EMSD Energy Utilisation Index-Commercial Sector • HK Electric Investments Sustainability Report 14 Franchises No SHKP does not own any franchises business. This category is irrelevant to SHKP, thus is excluded. N/A 15 Investments No The low level of investment activity does not significantly contribute to SHKP’s overall GHG emissions, thus is excluded. N/A 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 88 Sun Hung Kai Properties Limited | Sustainability Report 2024/25