Hang Lung Group Contact Us
About Us Business Investor Media Corporate Governance Sustainability Careers

25 x 25 Sustainability Targets

In 2021, the company established 25 targets to be achieved by end-2025 ("25 x 25 Sustainability Targets" or "25 x 25"), which were successfully met across the four priorities of its Sustainability Framework.  These targets defined concrete and quantifiable measures to address significant sustainability challenges, providing employees with a clear agenda that drove completion by the end of 2025 and paved the way for refreshed 2030 targets announced in January 2026.

Priority

 25 x 25

Climate Resilience

  1. 40% cumulative reduction in GHG intensity (kg CO₂e/m2) relative to 2018
  2. 18% cumulative reduction in electricity intensity (kWh/m2) relative to 2018
  3. 25% of our mainland China portfolio electricity demand met by renewable energy
  4. Wherever feasible exceed local regulations for the provision of parking spaces installed with EV charging facilities across our portfolio
  5. Demonstrate best efforts to achieve at least 10% reduction in embodied carbon intensity (kg CO₂e/m2) for new development project that begin in 2022 or later, compared to typical practice in an equivalent building
  6. 15% reduction in GHG intensity (kg CO₂e/m2) from tenants’ electricity consumption for our properties in mainland China, relative to 2018
  7. Complete technical analysis for climate adaptation measures for all properties

Resource Management

  1. 60% of construction waste diverted from landfill for new projects starting in 2022 with maximized recycling
  2. Demonstrate best efforts to maximize the use of recycled, reused and bio-based materials on all new projects
  3. 10% reduction in water intensity (m3/m2/year) relative to 2018
  4. 70% of operational waste diverted from landfill

Wellbeing

  1. Achieve an employee engagement rating greater than or equal to the 75thpercentile
  2. Maintain Female-to-Male pay ratio of 1:1
  3. Conduct an audit of all our properties and corporate practices on how to enhance wellbeing and opportunities for persons with disabilities
  4. Obtain local or international health and wellness certification for all our existing Mainland properties
  5. Obtain WELL Gold certificate or equivalent for at least one new property in Hong Kong and mainland China
  6. Deliver priority ESG training targeted to all departments and seniority levels
  7. Maintain a Lost Time Injury Rate of 1.5 or below for employees
  8. Maintain zero work-related fatalities for employees and contractors
  9. Work with youth on wellbeing community initiatives at all properties by 2025

Sustainable Transactions

  1. Embrace technology to build a robust digital platform for assessing suppliers’ ESG performance
  2. 100% of marketing events evaluated for their sustainability impacts
  3. 100% of leases incorporate sustainability provisions
  4. 50% of total debts and available facilities from sustainable finance
  5. 100% of potential asset acquisitions include ESG due diligence