Key ESG Ratings

Sustainability at a Glance

ENVIRONMENT

SUSTAINABILITY REPORT 2022

↓32.4%

GHG intensity1 (2021: ↓20.8%)

SUSTAINABILITY REPORT 2022

↓25.6%

Energy intensity1 (2021: ↓15.3%)

SUSTAINABILITY REPORT 2022

↓31.3%

Water intensity1 (2021: ↓16.4%)

SUSTAINABILITY REPORT 2022

↓25.2%

Waste intensity1 (2021: ↓10.3%)

1. As compared to baseline year 2017. The GHG reduction progress is calculated based on location-based emissions. GHG emissions, energy usage, water consumption, and waste generation substantially declined due to the pandemic lockdown and power restrictions in some regions in 2022.

PEOPLE

SUSTAINABILITY REPORT 2022

98.6%

Employee trained rate (2021: 96%)

SUSTAINABILITY REPORT 2022

34%

Women in senior positions (2021: 31%)

SUSTAINABILITY REPORT 2022

6.92 per 1,000 employees
work-related injury rate2 (2021: 6.07)

2. Refer to work-related injuries that happened to employees that resulted in incapacity for a period exceeding three days. Corrective measures, including increased safety training, have been implemented to address the increase in work-related injury cases.

COMMUNITY

SUSTAINABILITY REPORT 2022

HK$12.1 million

Donations3 (2021: HK$22.6 million)

SUSTAINABILITY REPORT 2022

550+

Community initatives (2021: 400+)

SUSTAINABILITY REPORT 2022

89%

Overall satisfaction rate among beneficiaries in Social Impact Assessment

3. More than 50% of the donations made in 2021 focused on disaster relief, including those affected by the record-breaking floods in Zhengzhou and the impacted communities during the pandemic.

VALUE CHAIN

SUSTAINABILITY REPORT 2022

94%

Contractors/ suppliers governed by “Vendor Code of Conduct” (2021: 82%)

SUSTAINABILITY REPORT 2022

84%

Operations governed by green procurement guidelines (2021: 68%)

SUSTAINABILITY REPORT 2022

93%

Customer satisfaction rate4 (2021: 96%)

4. Due to the pandemic lockdown in 2022, the number of valid survey responses decreased.

SUSTAINABLE GOVERNANCE & FINANCE

SUSTAINABILITY REPORT 2022

22 ESG policies

in force

SUSTAINABILITY REPORT 2022

Established the Climate Transition Taskforce to facilitate the carbon neutrality journey

SUSTAINABILITY REPORT 2022

10 Sustainability-linked loans amounting to HK$17,035 million in 2022

Double Materiality

Financial impact is gaining momentum to be another lens to access materiality

Potentially relevant ESG topics were evaluated according to three lenses:

Material Topics in 2022

  • Climate Change and Resilience

  • Occupational Health and Safety

  • Information Privacy

  • Bribery and Corruption

  • Green Building Certification

  • Responsible Supply Chain Management

  • Business Ethics and Integrity

  • Customer Wellbeing, Health and Safety

  • Energy Efficiency and Greenhouse Gas Emissions

Amplifying Our Power

Providing holistic care for our people and promoting stakeholders well-being

Accelerating
Climate Action

Contributing to carbon neutrality and sustainable operations along the value chain

Putting
People First

Fostering sustainable communities through placemaking and partnerships that promote sustainability

Accelerating
Climate Action

Co-creating Carbon Neutrality

Sustainable Building Certifications Obtained

~90% properties obtained sustainable building certificates as of 2022

Putting
People First

We aspire to create a workplace where
employees feel valued, supported and engaged

34%of senior positions are held by women

98.6%employee trained rate

Zerowork-related fatality

Conductedgroup-wide employee survey

23.3average training hours per employee

SUSTAINABILITY REPORT 2022SUSTAINABILITY REPORT 2022SUSTAINABILITY REPORT 2022SUSTAINABILITY REPORT 2022SUSTAINABILITY REPORT 2022SUSTAINABILITY REPORT 2022SUSTAINABILITY REPORT 2022SUSTAINABILITY REPORT 2022

Amplifying
Our Power

Growing together in partnership with the community generates
shared value for all and a positive social impact

Including All in Art and Culture Engagement

Including All in Art and Culture Engagement

Our expansive open spaces are used to nurture community well-being, providing platforms for music, dance and art enthusiasts to showcase their talents.

Promoting Education and Youth Development

Promoting Education and Youth Development

Education and youth development are highly valued at KPL, as we believed that our children are the future leaders of tomorrow.

Empowering Vulnerable Groups

Empowering Vulnerable Groups

KPL is committed to supporting the underprivileged in a society where help is most needed. We continue to light up others’ lives in myriad ways, from fundraising to home visits.

Enriching Lives Through Placemaking

Enriching Lives Through Placemaking

Aiming to nurture sustainable and inclusive communities where people are anchored, KPL spares no effort in placemaking to bring out the best in the communities. Apart from creating job opportunities and promoting local cultural heritage, the revival of our night markets reconnected the public with locally sourced or produced products.

Empowering Neurodiversity Through Arts

Empowering Neurodiversity Through Arts

Apart from our recurring collaboration with the World of Art Brut Culture (“WABC”) in Beijing, other regions also supported children with intellectual disabilities through arts and culture too.

Raising Biodiversity Awareness for Youth and Public

Raising Biodiversity Awareness for Youth and Public

We partnered with local NGOs and communities to create an urban eco-tour map for residents to reconnect with Shanghai’s unique biodiversity and history around Kerry Everbright Centre and our Jinling Road Project. A similar programme, “Knowing Your Plant Neighbours”, introduced redsidents to fun facts about plants in Hong Kong.

Redefining Parking

Redefining Parking

Jing An Kerry Centre ("JAKC") in Shanghai has achieved Parksmart certification. This certification promotes sustainable transportation through smarter parking structure design and operations, enhancing effective management, improving energy efficiency, and promoting alternative modes of transport.

One-stop Platform - KERRY+

One-stop Platform - KERRY+

An intelligent service platform with over 50 online services is designed for our customers, tenants, and staff. Property management functions are integrated into KERRY+, allowing tenants to make 24/7 requests.

Our Year-round Engagement - </br>The Good Life Goals Campaign

Our Year-round Engagement -
The Good Life Goals Campaign

Co-creating positive behavioural change