Climate Change Data

Environmental Metrics

ESG Focus Areas

• Quality Management
• Employee Care
• Environmental Protection
• Community Service
• Labour Standards
• Operational Ethics
• Supply Chain Management

Environmental Achievements

• Obtained ISO 14001 Environmental Management System certification in Landmark East.
• Landmark East awarded an Indoor Air Quality Certificate (Excellent Class) by the Environmental Protection Department.
• Landmark East received a Gold Mark in the Water Supplies Department’s Quality Water Recognition Scheme.
• Replaced guest and service lifts in Lanson Place with more energy-efficient models, saving an estimated 35% of energy use.
• Replaced T8 fluorescent tubes with T5 tubes in Lanson Place staircases, cutting electricity consumption by 50%.
• Implemented Energy Saving Master Plans for Landmark East and W Square.

Social Achievements

• Provided 2,228 training hours to employees.
• Participated in community projects with NGOs, including Ronald McDonald House visits, elderly home visits, and collaboration with Hong Kong Dog Rescue.
• Employees contributed over 310 service hours to volunteering activities.
• Implemented a whistleblowing policy to address malpractice.
• Established various communication channels for employees to voice their opinions.

Governance Achievements

• Implemented a Group-wide Environmental Policy.
• Implemented a Green Procurement Policy.
• Implemented a Product Responsibility Policy.
• Implemented a Code of Conduct and Discipline at Work to prevent bribery and corruption.
• Complied with the Prevention of Bribery Ordinance (Cap. 201).

Climate Goals & Targets

Environmental Challenges

• Minimising the environmental impacts of business operations.
• Maintaining a healthy and safe working environment.
• Managing risks associated with data privacy and protection.
• Ensuring ethical and lawful operations.
• Effective management of the supply chain.

Mitigation Strategies

• Implemented various environmental policies and initiatives (e.g., Group-wide Environmental Policy, Green Procurement Policy).
• Implemented health and safety standards and provided protective equipment.
• Established data protection policies and procedures.
• Implemented a Code of Conduct and Discipline at Work and a whistleblowing policy.
• Regularly monitored supplier performance and implemented a Vendor Code of Conduct.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Green Procurement Policy
• Vendor Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (ESG Guide) contained in Appendix 27 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: ISO 14001

Third-party Assurance: Not disclosed

Awards & Recognition

• Earth Partner 2015/16 – Gold Award (Friends of the Earth)
• No Car Day 2016 – Certificate of Appreciation (Friends of the Earth)
• Good MPF Employer Award 2015-16 (The Mandatory Provident Fund Schemes Authority)

Environmental Metrics

ESG Focus Areas

• Anti-corruption
• Data privacy protection for customers
• Complaints handling
• Product and service responsibilities
• Supply chain management
• Healthy and safe workplace
• Employment relations
• Training and development
• Labour standards
• Waste management
• Energy conservation
• Materials/green procurement
• Greenhouse gas emissions
• Water management
• Green buildings
• Air emissions
• Climate change
• Community investment

Environmental Achievements

• OMA OMA and OMA by the Sea gained BEAM Plus Provisional Bronze Certification
• Retrofitted all lighting equipment with LEDs in Landmark East, saving around 375,000 kWh per year
• Saved around 150,000 kWh of electricity by switching off the low zone hot water system during low occupancy
• Generated 10,055 kWh of electricity from solar panels in Landmark East
• Collected and recycled 22,669 kg of non-hazardous waste at Landmark East and Shui Hing Centre
• Saved 101 m3 of freshwater for irrigation and cleaning in Landmark East

Social Achievements

• Lanson Place Causeway Bay and Lanson Place Waterfront Suites won awards at World Luxury Hotel Awards 2020
• Offered internships to university students
• Signed the Good Employer Charter 2020
• Implemented various measures and policies including flexible working arrangement, and adoption of split-team work arrangement and utilisation of online platforms for internal meetings and training at office and hospitality management operation in response to COVID-19

Governance Achievements

• Established a Board-level ESG Committee to advise and assist the Board in managing ESG matters
• No non-compliance cases regarding bribery, extortion, fraud and money laundering observed

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic disrupting operations
• Climate change leading to more frequent and severe extreme weather conditions

Mitigation Strategies

• Implemented a wide range of measures to protect the health and safety of employees, customers, tenants and suppliers, and minimise the impact on operations
• Built up resilience against extreme weather events
• Formulated special work arrangements for typhoon and rainstorm
• Considered resilient elements in combating future climate challenges in designing residential development projects

Supply Chain Management

Supplier Audits: Annual

Responsible Procurement

• Vendor Code of Conduct
• Green Procurement Policy

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (typhoon, rainstorm, flooding)

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: HKEx ESG Reporting Guide

Certifications: ISO 9001, ISO 14001, ISO 45001, BEAM Plus Provisional Bronze

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Green buildings (OMA OMA and OMA by the Sea)

Awards & Recognition

• BEAM Plus – Provisional Bronze Rating for OMA by the Sea
• Wastewi$e Certificate – Excellence Level
• Rechargeable Battery Recycling Programme – Certificate of Appreciation
• 2020 Peach Blossom Trees Recycling Programme – Certificate of Appreciation
• Programme on Source Separation of Commercial and Industrial Waste – Certificate of Commendation
• Quality Water Supply Scheme for Buildings – Fresh Water (Management System) (Gold)
• Indoor Air Quality Certificate – Excellent Class
• Good Employer Charter 2020
• Luxury Design Hotel (Hong Kong) – Lanson Place Causeway Bay, Hong Kong
• Luxury Boutique Serviced Apartments (Hong Kong) – Lanson Place Waterfront Suites, Hong Kong

Environmental Metrics

ESG Focus Areas

• Greenhouse Gas Emission and Other Air Emission
• Waste Management
• Energy Conservation
• Water Management
• Materials
• Green Building
• Climate Change
• Diversity and Equal Opportunities
• Employee Wellness and Engagement
• Healthy and Safe Workplace
• Training and Development
• Labour Standards
• Supply Chain Management
• Product and Service Responsibilities
• Data Privacy Protection for Customers
• Anti-corruption
• Ethics and Integrity
• Customer Wellness, Health and Safety
• Community Investment

Environmental Achievements

• Landmark East certified with BEAM Plus Existing Buildings Platinum and LEED Existing Buildings Platinum
• H18C and SSMTR obtained BEAM Plus New Buildings certifications
• Reduced energy consumption by approximately 275,750 kWh in Landmark East through AI-powered chiller plant optimization
• Reduced freshwater consumption by saving about 64 m3 of freshwater in Landmark East through rainwater recycling system

Social Achievements

• Received the Good MPF Employer Award for the 8th consecutive year
• Updated employee benefits in hospitality operations
• Conducted anti-corruption training for employees
• Participated in 156 hours of voluntary work
• Donated approximately HKD 0.1 million

Governance Achievements

• Established an ESG Risk Bank to identify and evaluate ESG risks
• Updated Whistleblowing Policy to cover independent third parties
• Conducted Zoom training sessions on anti-corruption and business ethics for employees
• Distributed “Toolkit on Directors’ Ethics” to Directors

Climate Goals & Targets

Environmental Challenges

• Lingering economic uncertainties impacting office space demand in Hong Kong and London
• Potential climate-related transition risks (policy and legal risks) and physical risks (tropical cyclones and coastal flooding) by 2050

Mitigation Strategies

• Maintained Landmark East occupancy at approximately 90% through lease renewals
• Developed climate risk management policies
• Established special work arrangements for employees during extreme weather events
• Provided precautionary and emergency training to employees regarding typhoons and rainstorms
• Incorporated climate-resilient elements in properties’ design (e.g., drainage system to withstand extreme rainfall)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Green Procurement Policy
• Prioritising local suppliers within 800km radius
• Encouraging use of Forest Stewardship Council-certified wood products
• Requiring green building certifications (BEAM Plus and LEED) for project sites

Climate-Related Risks & Opportunities

Physical Risks

• Tropical cyclones
• Coastal flooding

Transition Risks

• Policy and legal risks

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, BEAM Plus, LEED

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Good MPF Employer Award (8th consecutive year)
• Wastewi$e Certificate (Landmark East)
• BEAM Plus and LEED certifications