Sun Hung Kai Properties Limited (SHKP) is pleased to announce that it has received a rating of AA in the MSCI ESG Ratings assessment in 2025. The upgrade from an A rating to AA demonstrates SHKP’s strong performance in environmental, social and governance (ESG) practices, including green building development, occupational health & safety and business ethics. SHKP is also a constituent of the MSCI ACWI ESG Universal Index.

SHKP has been recognized by major ESG ratings and indexes over the years. In addition to the MSCI ESG Ratings, the Group has maintained the highest AAA rating in the Hang Seng Corporate Sustainability Index since 2020. SHKP is also listed in the Dow Jones Best-in-Class Asia Pacific Index, the S&P Global Sustainability Yearbook and the S&P Sustainability Yearbook (China). 

Recently, SHKP’s landmark development, International Commerce Centre, became the first building in Asia to attain Platinum certification under the latest Leadership in Energy and Environmental Design (LEED) v5.0 Operations and Maintenance: Existing Buildings, by the U.S. Green Building Council, demonstrating SHKP's outstanding performance in green building development.

The MSCI ESG Ratings are prominent ESG indicators designed to help institutional investors assess companies’ ESG performance.

Sun Hung Kai Properties Limited (SHKP) is proud to announce that its International Commerce Centre (ICC) has become the first building in Asia to attain Platinum certification under the latest Leadership in Energy and Environmental Design (LEED) v5.0 Operations and Maintenance: Existing Buildings by the U.S. Green Building Council (USGBC). ICC achieved a score of 91, the highest among seven certified buildings worldwide, underlining SHKP’s commitment to sustainable building practices and property management excellence.  

King-wai Lo, Executive Director of Sun Hung Kai Real Estate Agency, said: “As Hong Kong’s premier international commerce and financial hub, ICC embodies SHKP’s commitment to developing forward-thinking strategies that consistently enhance asset value. With sustainability becoming a core priority for multinational corporations, ICC is proud to be the first building in Asia to achieve the highest distinction in LEED v5.0 certification. This recognition reinforces ICC’s leadership in green building practices and is fully aligned with the sustainability expectations of our world-class tenants, further strengthening ICC’s position as a market leader.”

Adjacent to ICC, International Gateway Centre (IGC), which is atop the High Speed Rail West Kowloon Terminus, previously obtained LEED Platinum certification under v4.0 Building Design and Construction. IGC is poised to create synergy with ICC and the Group’s other developments in the district, establishing a unique hub for commerce, culture, arts, retail, entertainment and transportation in the Greater Bay Area.

ICC utilizes technology to drive green management

In 2022, ICC implemented an Extended Reality Facility Management system in its operations. The system utilizes technologies, such as artificial intelligence (AI), Internet of Things, Digital Twin and big data analytics. In 2024, ICC’s total electricity consumption decreased by over 20 million kWh compared to that 2012, equivalent to a reduction of 14,000 tonnes of carbon emissions. ICC further enhanced energy efficiency by deploying AI-driven optimization and energy management for its air conditioning systems. 

LEED v5.0 sets higher standards for green buildings, emphasizing three key goals: climate action, quality of life, and ecological conservation and restoration. Apart from addressing energy efficiency and carbon emissions, it also emphasizes the protection of human health and ecosystems, ensuring that operations are resilient to future environmental changes and aligned with net-zero emissions goals. This approach fosters healthier communities and enhances overall well-being.

SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O.

As Hong Kong’s largest data centre service provider, SUNeVision operates a total of eight facilities across the territory, including MEGA IDC. Phase One of MEGA IDC, launched successfully last year, delivered approximately 500,000 square feet of gross floor area (GFA) and 50MW of power capacity. The facility has already attracted major cloud service providers and international banks to move in as customers. In response to strong market demand, construction of Phase Two has begun ahead of schedule. This phase will add around 350,000 square feet of GFA, with completion scheduled for 2026/2027.

The initiation ceremony for Phase Two was officiated by Deputy Financial Secretary Michael Wong, SHKP Chairman & Managing Director and SUNeVision Chairman Raymond Kwok, SHKP Executive Director and SUNeVision Non-Executive Director Christopher Kwok, and SHKP Executive Director and SUNeVision Vice Chairman Allen Fung. The ceremony marked a significant milestone for this key infrastructure project and was celebrated alongside prominent industry leaders.

Mr Michael Wong said at the ceremony that the government is fully committed to advancing AI development in Hong Kong. As Financial Secretary said in his Budget Speech, AI is at the core of developing new quality productive forces and Hong Kong should develop AI as a core industry. The investment in MEGA IDC, exceeding HK$15 billion, combined with tenant equipment investments, is expected to draw tens of billions in total investment to Hong Kong. He praised SHKP and SUNeVision for their confidence in Hong Kong’s future, demonstrated through significant investments that underscore their commitment to establishing Hong Kong as a leading data centre hub in the Asia Pacific, a commitment deserving full recognition and support.

Mr Raymond Kwok said: “Innovation and technology (I&T) is the cornerstone of new quality productive forces and plays a pivotal role in driving Hong Kong’s economic development. For years, SHKP has consistently invested in technological applications and state-of-the-art facilities to enhance Hong Kong’s new productive forces. As part of these efforts, SUNeVision is committed to building a world-class AI network infrastructure, strengthening Hong Kong’s connectivity with the mainland and global advanced technology markets.”

He added: “Despite the long investment return period for MEGA IDC, the Group remains committed, reflecting its role as a provider of ‘patient capital’ for Hong Kong and its confidence in the development of the data industry. In line with State Council Vice Premier Ding Xuexiang’s call to invest early, focus on the long-term growth and support ‘hard technologies’, SHKP will leverage its world-class data infrastructure to drive Hong Kong’s technological development. This will reinforce its role as a bridge connecting the mainland with the global technology world, enhancing Hong Kong’s competitiveness in the international AI arena.”

MEGA IDC – Hong Kong’s Largest Hyperscale Data Centre 

The total investment in the MEGA IDC project exceeds HK$15 billion. Upon completion of the three phases, the facility will offer approximately 1.2 million square feet and of GFA and over 180MW of power capacity, making it the largest hyperscale data centre in Hong Kong. Designed to meet the space and power needs of cloud service providers and AI customers, this cutting-edge facility is at the forefront of fostering AI advancements and advancing Hong Kong’s I&T sector. 

Mr Christopher Kwok said: “MEGA IDC, as an AI-ready data centre, stands out for its strategic location and advanced facility design. This site was specifically designated by the government for the development of high-tier data centres. Our infrastructure is highly resilient, with multiple backup power systems that not only meet the high energy demands of AI customers but also ensure ultra-low latency and uninterrupted operations. The facility’s physical security is built to the highest standards, with round-the-clock surveillance and biometric access controls, providing comprehensive protection for both the infrastructure and data. The SUNeVision team has travelled around the world to learn from the technical and management expertise of leading data centres worldwide, and conducted in-depth research into the specific needs of multinational financial institutions and cloud service providers. By implementing the highest standards in its facilities, MEGA IDC delivers comprehensive, high-quality services and is fully prepared to adapt to the evolving demands of the technology market.”

State-of-the-art Facility Captures Unprecedented AI Opportunities 

The rapid evolution of AI has driven the growth of AI applications and inference technologies, creating a rising demand for high-quality, high-density data centres in Hong Kong. MEGA IDC is equipped with seven on-premise 132kV 75MVA transformers spanning Phase One and Phase Two, delivering stable, abundant, and high-quality power to meet present and future needs. 

The data centre employs a modular design approach with a 5.7m slab-to-slab height and a robust 20kPA floor loading capacity, allowing customers to place their most advanced and mission-critical equipment.  

Strategic Addition to SUNeVision’s Portfolio 

Upon completion of the full MEGA IDC project, SUNeVision’s eight data centres will provide over 280MW of power capacity across three million square feet of GFA in Hong Kong. The development reinforces SUNeVision’s leadership in the digital infrastructure sector and positions the company to support both global and mainland cloud and AI companies as they expand in the Asia Pacific region.