Kerry Properties seeks to engage, advocate, and activate change in rhythm with all stakeholders and the wider community. Together we can leave the world a better place for generations to come.

Remarks

Our Sustainability Highlights
in 2021

  • 3 new policies introduced

    1. Biodiversity Policy
    2. Climate Change Policy
    3. Human Rights Policy

  • Pioneered TCFD risk assessment

  • Sustainable finance framework established
    with second-party opinion

  • 1st SASB Report embedded in
    Sustainability Report 2021

  • Standalone sustainability website to
    enhance information accessibility

  • Online data collection platform to improve
    data integrity

SUSTAINABILITY VISION 2030

Collaborating with our stakeholders, we are making progress
towards our Vision 2030 goals and contributing to global causes.

STAKEHOLDER ENGAGEMENT

Engaged
2,028
Stakeholders

57%
Survey
Response Rate

Held
5 Focus Groups

Conducted
6
Deep-dive Interviews

Top 5 Material Topics Identified

1. Responsible Supply
Chain Management

2. Energy Efficiency and
GHG Emissions

3. Community Engagement
and Investment

4. Waste Management

5. Climate Change and
Resilience

A shift of focus towards supply chain, community and climate change has been observed, which reveals an increased prioritisation of relevant issues, due to the pandemic new normal and the global climate action momentum in 2021.

Environment

2025 Target

↓25% GHG Intensity

FY2021 Progress

↓20.8% (VS 2017)

2025 Target

↓20% Energy Intensity

FY2021 Progress

↓15.3% (VS 2017)

Environment

Sustainable Building
Certified Area

17.3
million sq. ft

↑5% VS 2020

Climate Risk and
Vulnerability
Assessment

Completed in
Investment Properties

53%

↑56% VS 2020

SUSTAINABLE BUILDINGS

BEAM / BEAM Plus Gold or above: 9

LEED Gold or above : 24

RESET™ Air : 7

WELL Gold or above : 5

WELL Health-Safety Rating : 5

Triple-certified
Mixed-use Development

Qianhai Kerry Centre

Asia’s 1st Zero Waste Project

Kerry Everbright City Phase III –
Enterprise Centre

People

Operations Covered
by OH&S
Management System

84%

Work-related
Injury Rate

6.07per 1,000 employees

↓15% VS 2020

Average Training
Hours

20.03

↑42% VS 2020

Corporate ESG
Awareness Training
Programmes

100%

Employee-focused Engagement

  • Held 300 initiatives to promote employee
    engagement and wellness
  • Established ESG Think Tank to brainstorm
    green ideas

EMPLOYEE WELLNESS

  • Our first-ever Social Impact Assessment
    showed “Step Challenge” significantly improved
    employees’ overall well-being and inspired them
    to care for community

Community

Corporate Donation

HK$22.6 million

↑95% VS 2020

Employee participation

8,000+

↑33% VS 2020

Charities Supported

107

Benefited from Food
Assistance Programme

2,400 families

Place-making

  • Supported over 250 small and medium-sized enterprises in night markets

CARE FOR Community

  • Sponsored 500 after-school activities to be attended
    by about 6,500 children of migrant workers
  • Provided eyesight checks and eye care kits to
    4,000+ students in rural areas

OUR COLLECTIVE EFFORT

We care about our stakeholders and go the extra mile for them.

Tenants

  • Rent waivers for eligible tenants

Residents

  • Care packages to residents
  • Meal supply to 2,400+ households
  • Day-and-night support from our local teams

Employees

  • A cheer-up video featuring the CEO, senior management and colleagues
  • Apart from paid sick leave, Employee Care Team provided timely
    support to employees who were tested positive
  • Anti-epidemic proprietary Chinese medicines to our staff and contractors
  • Cash allowances to frontline employees as a caring gesture

Communities

  • Our premises as vaccination venues
  • Emergency food supplies to food banks
  • Rapid test kits and masks for various NGOs

Value Chain

Customer
Satisfaction Rate

96%

Suppliers governed
by the Vendor Code
of Conduct

82%

↑74% VS 2020

Injury Rate for workers
at construction site

0.18 per 200,000 hours worked

↓44% VS 2020

Suppliers governed by
the Green Procurement
Guidelines

68%

Customer Engagement

  • Created upcycled furniture and library to promote sustainability

TECHNOLOGY INNOVATION

  • Adopted Building Information Modelling to potentially avoid over 20 tonnes of waste at three respective sites
  • Virtual walk-through to identify potential issues of layout design and pipe routing

ESG Rating Performance

GRESB (Global Real Estate
Sustainability Benchmark)

5-star rating

Hang Seng Corporate
Sustainability Index Series

AA＋

MSCI ESG Ratings

BBB

Sustainalytics

Low Risk

CDP

C

Greater Bay Area Business
Sustainability Index 2020

Top 10

Disclaimers

Awards and Recognitions

The Asset ESG
Corporate Awards 2021

  • Benchmark Award - Platinum

The Hong Kong
Corporate Governance
Excellence Awards 2021

  • Award of Excellence in ESG

MIPIM Asia Awards 2020

  • Best Mixed-use Development –
    Gold Award: Qianhai Kerry Centre, Shenzhen
  • Best Green Development – Silver Award:
    Qianhai Kerry Centre, Shenzhen

Hong Kong Green Awards 2021

  • Green Management Award – Corporate
    (Large Corporation) – Gold and
    Sustained Performance (12 years +)
  • Sustainable Procurement Award
    (Large Corporation) – Grand Award

Asia Sustainability
Reporting Awards 2021

  • Silver Award in Asia’s Best Stakeholder
    Reporting: Sustainability Report 2020

BDO ESG Awards 2022 (mid cap)

  • Best in ESG Award
  • Best in Reporting Awards:
    Sustainability Report 2020
  • ESG Report of the Year

Share your opinion and give back
to the community!

Your feedback is critical for us to continuously improve our
reporting and sustainability practices. Simply complete
this survey and we will donate HK$200 to a designated
charitable organisation.
Click here to participate.