MOVING
FORWARD
AS ONE
Sustainability Report 2019
Stakeholder Engagement
We engaged a representative sample of
700+ stakeholders
Materiality Assessment
4
Focus groups
for management
in 4 cities
5
Senior
management
interviews
Identified 21
material sustainability topics
from a list of 40
Sustainability Approach
We improved our
sustainability management by:

Establishing 3 new strategic taskforces
1
Sustainability
Risk
Management
2
Carbon
Management
Strategy
-
Planning for data validation by Internal
Audit Department
-
Integrating sustainability into
business operations
-
Enhancing Vision 2030 with
quantitative targets
-
Enhancement on 6 policies
-
Exploring disclosure alignment with
Task Force on Climate-related
Financial Disclosures (TCFD)
Our Vision 2030
We established quantitative targets according to the following 6 United Nations Sustainable Development Goals
(UNSDGs):
In 4 key pillars:
People Health
and Wellness
Environmental Stewardship
We aim to coexist in harmony with nature. This is a goal we strive for throughout our operations.
Achieved Carbon Intensity Reduction Target ahead of schedule
Hong Kong
(2019 vs 2011)
-32%
The Mainland
(2019 vs 2015)
-57.4%
Completed a pilot Climate
Risk and Vulnerability
Assessment in Kerry Centre,
Hong Kong. This will be
extended to Shanghai.
Awarded RESETTM
AirCore & Shell
Certification in 6 key
property projects in
our portfolio.
Value Chain
Along our value chain, we explore new initiatives in order to derive more social and environmental benefits.
Responsible Supply Chain Management
Launched Sustainable Procurement Manual
for new building projects in HK
Engaged suppliers in ESG issues
Customer Orientation
Introduced KPL Sustainability Sponsorship Fund to our managed properties in HK
Encouraged two-way communication via mobile applications
Our Achievements
Together with our stakeholders, we have succeeded in delivering award winning sustainability performances and reports.
Asia Sustainability Reporting Awards 2019

Asia's Best Materiality Reporting – Gold Award

Asia's Best Stakeholder Reporting – Gold Award
Bloomberg Businessweek ESG Leading Enterprises 2019
Global Corporate Sustainability Awards – Reporting Award
Asian Excellence Award 2019 – Best Environmental
Responsibility, Best CFO (IR) and Best Investor Relations
Company (HK)
Hong Kong Green Awards 2019 – Green Management Award (Corporate Large Corporation) – Gold Award & Sustained Performance
(10 Years+)
Sustainable Business Award & Sustainable Leadership Award 2019