Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Health and Safety
• Community
• People
• Governance

Environmental Achievements

• Reduced carbon footprint by 25.8% compared to 2008 levels, exceeding the 20% target set for 2013.
• Recycled approximately 1,042 tonnes of waste in the Central portfolio in 2016.
• Achieved 8% reduction in water usage in One Raffles Link, Singapore after installing automatic water meter readers.
• Received 18 Indoor Air Quality Certificates for the Central portfolio, including a top 10 participant certificate.

Social Achievements

• Launched a wellbeing programme including massage, health workshops, and a “Pride in Personal Health” challenge for employees.
• Raised HK$3 million for MINDSET through the Walk Up Jardine House event.
• Collaborated with Art Dream to provide art classes for migrant children in Beijing.
• Organized the CENTRAL Rat Race (though cancelled in 2017 due to typhoon), raising funds for MINDSET.

Governance Achievements

• Achieved Integrated Management System (IMS) certification, integrating environmental and health & safety systems.
• Received the Best Managed Facility Award from IFMA for the Central portfolio.
• Consistently met international standards (ISO 14001, OHSAS 18001) since 2014 and 2015 respectively.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Health and Safety briefings for vendors

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ISO 14001, OHSAS 18001

Certifications: ISO 14001, OHSAS 18001, BCA Green Mark Gold Plus (Singapore), Green Mark Platinum (Singapore)

Third-party Assurance: Independent third-party ISO auditor

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Best Managed Facility Award (IFMA)
• 18 Indoor Air Quality Certificates

Environmental Metrics

ESG Focus Areas

• Environment
• Health, Safety & Security
• People
• Community
• Governance

Environmental Achievements

• 29.4% reduction in GHG emissions in Hong Kong Central portfolio between 2008 and 2018
• 24.8% reduction in energy consumption in Hong Kong Central portfolio between 2008 and 2018
• Achieved GHG emission reduction target of 20% in 2013 (set in 2009)
• Jardine House, Chater House, and Alexandra House in Hong Kong upgraded to Platinum rating under Hong Kong BEAM Plus
• 1,568 cubic meters of rainwater captured at WF CENTRAL in Beijing
• Installation of water leak detection and automatic cut-off system in Hong Kong properties
• 24% recycling rate across all properties in Hong Kong Central portfolio
• 1,104 tonnes of materials recycled across various properties

Social Achievements

• Launched HKL Discover online learning platform for employees
• Over 1,820 staff attended Code of Conduct e-learning course
• Nearly 50 staff certified as First Aid responders in Hong Kong
• Over 170 staff attended AED training in Hong Kong
• 280 staff and contractors attended basic safety induction training in Singapore
• 400 tenants/employees trained as fire marshals in Hong Kong
• Established Healthy Land Happy Land Employee Wellness Programme in Hong Kong
• Provided 600 construction workers with free medical examinations in China

Governance Achievements

• Established a Group-level Sustainability Committee
• Implemented a new supply chain Code of Conduct
• Achieved zero non-compliance in 2018 IMS audit
• Upgraded Occupational Health and Safety Management System to ISO 45001 for Hong Kong Central portfolio (planned for 2019)

Climate Goals & Targets

Environmental Challenges

• Water scarcity in rapidly growing urban areas
• Potential environmental impact of property and construction sector
• Food waste generation in commercial properties
• Managing risks related to fire, life, health, safety, and security

Mitigation Strategies

• Installation of water-efficient fixtures and seawater use for cooling
• Implementation of water leak detection and automatic cut-off systems
• Rainwater harvesting systems
• Organic treatment of polluted water
• Waste reduction and recycling initiatives
• Food waste decomposer machines
• Annual Fire, Life, Health, Safety and Security (FLHSS) Audits
• Security Risk Assessments (SRA)

Supply Chain Management

Responsible Procurement

• Screening contractors based on environmental policies and past performance
• Green Procurement Policy at Raffles Quay Asset Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001, OHSAS 18001

UN Sustainable Development Goals

• SDG 3
• SDG 7
• SDG 8
• SDG 9
• SDG 11
• SDG 12
• SDG 13
• SDG 15

The report outlines how various initiatives contribute to these SDGs.

Awards & Recognition

• IFMA – Asia Pacific Best Managed Facility Award 2017
• IFMA – Asia Pacific Best Occupational Health and Safety Award 2018
• JM – HR Award 2018 – Best Learning & Development category
• JM – Pride in Performance Award 2015

Environmental Metrics

ESG Focus Areas

• Climate and Economic Resilience
• Inspirational Connections
• Operational Excellence
• Vibrant Communities & Cities

Environmental Achievements

• Reduced electricity intensity by 24.6% from a 2019 baseline
• WF CENTRAL became one of the first commercial complexes in Beijing to be fully powered by renewable energy in 2022

Social Achievements

• Launched HOME FUND in 2020, partnering with NGOs to develop and run programmes that benefit the younger generation
• Introduced a matching gift programme which doubled contributions from Hong Kong employees and tenants

Governance Achievements

• Established a Sustainability Committee, chaired by the Chief Executive, overseeing all sustainability matters
• Implemented a new materiality methodology using the principle of double materiality

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to global geopolitical tensions
• Greenwashing risks
• Environmental and Occupational Health and Safety risks
• Cybersecurity risks
• Human rights-related risks

Mitigation Strategies

• Developing green procurement guidelines and conducting supplier assessments
• Adopting transparent and credible sustainability practices
• Implementing integrated ISO 14001 and 45001 management systems
• Forming a Cybersecurity Task Force and implementing robust security measures
• Developing a human rights due diligence process and Human Rights Policy

Supply Chain Management

Responsible Procurement

• Sustainable Procurement Policy
• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Heat Stress
• River Flood
• Coastal Flood
• Tropical Cyclone

Transition Risks

• Policies enacting carbon pricing mechanisms
• Emerging regulations on energy consumption
• Shifting consumer preferences towards low carbon-impact buildings

Opportunities

• Development of energy-efficient products and services
• Investment in renewable energy

Reporting Standards

Frameworks Used: GRI, TCFD

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Hong Kong Quality Assurance Agency (HKQAA)