Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• People Health and Wellness
• Community Wellness
• Value Chain

Environmental Achievements

• Reduced GHG intensity by 15.7% (tCO2e/1,000 ft2) against FY 2017
• Reduced energy intensity by 18.1% (GJ/1,000 ft2) against FY 2017
• Reduced water intensity by 17.4% (m3/ft2) against FY 2017
• Reduced waste intensity by 10.7% (tonnes/1,000 ft2) against FY 2017
• 16.5 million ft2 certified with sustainable building certification
• 100% of new investment properties attained sustainable building certification
• 9,843 tonnes of waste recycled in operations
• Over 60% recycling rate of construction waste for Hong Kong property development sites
• Shanghai Kerry Everbright City Phase III – Enterprise Centre received LEED Zero Waste Certification

Social Achievements

• Launched integrated online learning platform with 519 online courses and 3,000+ enrolled users
• Maintained zero fatalities of employees
• Reduced work-related injury rate to 7.11 per 1,000 employees
• Maintained zero discrimination cases
• 30% of senior positions held by women
• Implemented various family-friendly initiatives (maternity/paternity leave, caregiver leave, flexible working arrangements)
• Launched SuccessFactors for HR digital transformation
• Overall customer satisfaction rate: 99.2%

Governance Achievements

• Maintained a sound corporate governance framework with Board oversight
• Conducted anti-corruption training (100% new employees, 47% suppliers/contractors)
• Maintained zero legal cases related to corruption and anti-competition
• Established “Climate Risk Policy” and revised “Whistleblowing and Complaints Policy”
• Referenced TCFD framework for climate risk management

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting operations and stakeholder engagement
• Supply chain disruptions
• Managing climate-related risks

Mitigation Strategies

• Launched comprehensive hygiene protocols in buildings
• Mobilized resources to support vulnerable communities (monetary donations, community markets)
• Implemented employee well-being initiatives (Step Challenge, mindfulness coaching)
• Exploring ways to upgrade decarbonisation plans in line with SBTi
• Referenced TCFD recommendations for climate-related financial disclosures
• Completed Climate Risk and Vulnerability Assessment at five properties

Supply Chain Management

Supplier Audits: Around 1,500 suppliers engaged; 47% governed by sustainable procurement guidelines

Responsible Procurement

• Sustainable Procurement Policy
• Green Procurement Manual
• Vendor Code of Conduct
• ISO 14001 and ISO 45001 accreditations for contractors

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core option, TCFD, SEHK ESG Guide

Certifications: ISO 14001, ISO 45001, ISO 50001

Third-party Assurance: British Standards Institution (BSI)

UN Sustainable Development Goals

• UNSDG 3
• UNSDG 5
• UNSDG 8
• UNSDG 11
• UNSDG 12
• UNSDG 13

Vision 2030 strategy aligns with relevant UNSDGs

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• GRESB 4th place in Eastern Asia diversified listed business in 2020
• ASTRID Awards 2021 Annual Reports – Specialised: Sustainability Report (Grand and Gold Awards)
• IR Magazine Awards – Greater China 2020 Best ESG Materiality Reporting (small to mid-cap)
• Asia Sustainability Reporting Awards 2019 Asia’s Best Stakeholder Reporting (Gold), Asia’s Best Materiality Reporting (Gold)
• MIPIM Asia Awards 2020 Best Mixed-Use Development – Gold Award and Best Green Development – Silver Award (Shenzhen Qianhai Kerry Centre)