2030 Sustainability Goals and Targets

In December 2020, Hang Lung announced a set of sustainability Goals and Targets to be achieved by 2030. The 2030 Sustainability Goals and Targets are built on the four priorities of Hang Lung’s Sustainability Framework, reaffirming our commitment to creating sustainable value and reflecting our ambition to become one of the world’s most sustainable real estate companies. 

Priority

2030 Goals

              2030 Targets

Climate Resilience

Reduce carbon footprint in line with climate science

  • Build a nearly net zero carbon building
  • Demonstrate best efforts to achieve a 70% reduction in scopes 1 and 2 greenhouse gas emissions intensity (per m2), compared to 2018 baseline

Resource Management

Accelerate the transition to a circular economy by minimizing resource consumption and maximizing recycling

  • Incorporate circular building principles in new properties
  • Implement water management program in all properties
  • Divert 90% of operational waste from landfill

Wellbeing

Ensure employees, customers and communities enjoy an unrivalled environment that promotes their health and wellbeing

  • Assess wellbeing for all employees and key customers
  • Meet or exceed wellbeing standards for new properties
  • Work with youth on sustainability solutions in all cities where we have assets

Sustainable Transactions

Collaborate with all suppliers and customers to advance our sustainability priorities

  • Implement supplier evaluation and ranking system
  • Engage all tenants on emissions reduction, resource management, and wellbeing enhancement

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