Under the Board’s delegation, the Group’s Sustainability Steering Committee (the “Committee”) is chaired by our Executive Director and Board member, which has direct advisory supervision on the Group’s sustainability strategy, workplans and performance targets.

The Committee which comprises senior executives of key functions and business units meets biannually to review the Group’s sustainability plans and receive quarterly reports from the sub-committees. The Committee shoulders the responsibility for overseeing the Group’s sustainability agenda, strategies, policies and performances.

The following diagram illustrates our sustainability governance framework:

BOARD OF DIRECTORS

SUSTAINABILITY STEERING COMMITTEE

CHAIRMAN OF COMMITTEE

Executive Director and Board Member

(comprises senior executives of key functions and business units)

CONVENER

Senior Director - Sustainability & Communications

  • ENVIRONMENTAL INITIATIVES SUB-COMMITTEE

  • SUSTAINABLE EMPLOYEE ENGAGEMENT SUB-COMMITTEE

  • CSR AND COMMUNITY ENGAGEMENT SUB-COMMITTEE

  • CORPORATE GOVERNANCE SUB-COMMITTEE

  • Health and Safety Management Taskforce
  • Carbon Management Strategy Taskforce
  • Sustainability Risk Management Taskforce
  • Greenery Enhancement Taskforce

Key Objective

  • To ensure the effectiveness of occupational health and safety (“OHS”) -related operational controls and management programmes
  • To review nonconformities, incidents and corrective actions to ensure effective OHS management system implementation

Summary of Initiatives in 2021

  • Monitored progress made in relation to OH&S-related targets
  • Provided directions to the Safety Committees which have been set up in both property management and property development division

Key Objective

To support carbon management and reduction of carbon emissions across operations

Summary of Initiatives in 2021

  • Identified Scope 3 emissions boundary
  • Established science based-targets

Key Objective

To support environmental risk management, including climate change mitigation and adaption, across operations

Summary of Initiatives in 2021

  • Revised the taskforce structure and responsibilities
  • Enhanced sustainability risk management mechanism

Key Objective

To integrate greenery designs and components into the Group’s properties to enhance built environment and occupants’ well-being

Summary of Initiatives in 2021

  • Greenery enhancement for the headquarter with moss wall and plant
  • Environmental Initiatives Sub-Committee

    Health and Safety Management Taskforce

     

    Key Objective

    • To ensure the effectiveness of occupational health and safety (“OHS”) -related operational controls and management programmes
    • To review nonconformities, incidents and corrective actions to ensure effective OHS management system implementation

    Summary of Initiatives in 2021

    • Monitored progress made in relation to OH&S-related targets
    • Provided directions to the Safety Committees which have been set up in both property management and property development division

    Carbon Management Strategy Taskforce

     

    Key Objective

    To support carbon management and reduction of carbon emissions across operations

    Summary of Initiatives in 2021

    • Identified Scope 3 emissions boundary
    • Established science based-targets

    Sustainability Risk Management Taskforce

     

    Key Objective

    To support environmental risk management, including climate change mitigation and adaption, across operations

    Summary of Initiatives in 2021

    • Revised the taskforce structure and responsibilities
    • Enhanced sustainability risk management mechanism
  • Sustainable Employee Engagement Sub-Committee

  • CSR and Community Engagement Sub-Committee

    Greenery Enhancement Taskforce

     

    Key Objective

    To integrate greenery designs and components into the Group’s properties to enhance built environment and occupants’ well-being

    Summary of Initiatives in 2021

    • Greenery enhancement for the headquarter with moss wall and plant
  • Corporate Governance Sub-Committee

Sustainable Finance

The Group recognises sustainable finance as a key course to facilitate long-term investments in sustainable economic activities and projects. We established a sustainable finance framework to further set out how the utilisation of sustainable finance instruments would contribute to the Group’s sustainability strategy and vision. The framework has been assured with a second-party opinion (SPO)  to align with market practices and expectations from the investment community.

  1. Sustainable Finance Framework
  2. Second-party Opinion (SPO)