Our continual efforts in fostering sustainable development in the communities that we serve have gained us prominent recognitions in both of the local and international arena, including but not limited to -
Dow Jones Sustainability Indices
We have been selected as an index component of the Dow Jones Sustainability Indices in the Asia Pacific Index for four consecutive years since 2017, recognizing our achievements in corporate sustainability. Launched in 1999, the indices are the first global sustainability indices that track the performance of leading companies in terms of their economic, environmental, and social sustainability efforts.
Global Real Estate Sustainability Benchmark
We achieved a 3-star performance rating and an A grade disclosure rating under Global Real Estate Sustainability Benchmark (GRESB) for three consecutive years since 2018. Launched in 2010, GRESB assesses and benchmarks performance of real assets in environmental, social and governance areas and provide standardized and validated data to capital markets.
Hang Seng Corporate Sustainability Index Series
With our continuous commitment in promoting sustainability in terms of corporate governance, environmental, social and work environments, we were selected in the Hang Seng Corporate Sustainability Index and the Hang Seng (Mainland and Hong Kong) Corporate Sustainability Index for 11 consecutive years, which were launched in July 2010. The indices are the first of their kind in Hong Kong and are a vital reference tool for the investment community and the general public as a benchmark for socially responsible investments and for tracking the stock price performance of constituent companies.
Caring Company Scheme
We have named a “Caring Company” by the Hong Kong Council of Social Service for ten consecutive years, a reaffirmation of our commitment to corporate social responsibility and related achievements in this area. The recognition scheme raises public awareness of good corporate citizenship as demonstrated by the business sector. Awarded companies have demonstrated inspiring corporate social responsibility initiatives through caring for the community, their employees and the environment.
Leadership in Energy and Environment Design (LEED)
In the international realm, we benchmark our environmental performance with a very high standard, namely the gold level or above of the Leadership in Energy and Environment Design (LEED) Core and Shell certification issued by the U.S. Green Building Council. By the end of 2020, 10 of our 11 buildings in mainland China were awarded gold or above certifications or pre-certifications under LEED.
In Hong Kong, our residential project, 23-39 Blue Pool Road, also received the Gold Level certificate under the LEED for Homes. It is thus far the largest project in China to gain the certification, as well as the first project in the world registered under the International Pilot Scheme.
Hang Lung’s headquarters, the Standard Chartered Bank Building, also a prestigious Grade A office property in Central, has achieved the Platinum Rating of Final Assessment under the BEAM Plus V1.2 for Existing Building of the Hong Kong Green Building Council. It is the first commercial building in Hong Kong to have achieved this recognition, reaffirming the efforts we have made to adopt environmentally friendly practices throughout our portfolio in order to contribute to a sustainable community. The Peak Galleria has also achieved the Gold Rating of Final Assessment under the BEAM Plus V1.1 for Existing Building.
We also benchmark the environmental performance of our buildings in Hong Kong with particular aspects of the BEAM Plus Existing Buildings V2.0 Selective Scheme. In 2018, Baskerville House, Grand Plaza and its Office Tower Two attained an Excellent Grade in the Energy Use aspect of the BEAM Plus Existing Buildings V2.0 Selective Scheme.
Sustainability and Social Responsibility Reporting Award
The Sustainability Report 2019 of Hang Lung Group garnered the Sustainability and Social Responsibility Reporting Award in the Non-Hang Seng Index (Medium Market Capitalization) Category in the Hong Kong Institute of Certified Public Accountants (HKICPA)’ Best Corporate Governance Awards 2020. The award recognizes companies and organizations that set the benchmarks of quality in terms of their corporate governance and sustainability/ social responsibility disclosures and practices. We were honored to be interviewed by HKICPA to share our sustainability journey.