ddd KPL Sustainability - Environment

Environmental stewardship is a responsibility we all share. From the outset of our business operations, Kerry Properties has been aware that every decision made, and every action enacted can have consequences for the future.

For example, in order to achieve carbon neutrality by 2050, we are formulating a comprehensive carbon reduction roadmap. Short-, medium-, and long-term periods were established as an initial step. Kerry Properties attaches great importance to cooperation with tenants. The launch of dark green leasing and supplier engagement programmes underscore our dedication to taking a comprehensive, collaborative approach across the full life cycle of our developments and activities.

In collaboration with all our stakeholders, we want to be the change for good – building a better world through continuous improvement in environmental performance, whilst being equally focused on the well-being of humanity. This approach, we believe, is the cornerstone of sustainable development.

UNSDGs

Areas of focus

  • Sustainable Buildings
  • Energy Management
  • Waste Management
  • Indoor Air Quality Management
  • Water Management
  • Biodiversity
  • Green Culture
  • Climate Change

Targets by 2030

*Compared to FY2022

Performance Highlights 2023

Energy Intensity

24.7%
GJ/1,000 ft2
(against baseline year FY2017)

Greenhouse Gas (“GHG”) Intensity

32.7%
tonnes of CO2e/1,000 ft2
(against baseline year FY2017)

Sustainable Buildings

91%
properties obtained sustainable building certifications

Sustainable Buildings

95%
Major mixed-use developments received 3-Star/Gold or above certifications

Water Intensity

26.4%
m3/ft2
(against baseline year FY2017)

Waste Intensity

11.6%
tonnes/1,000 ft2
(against baseline year FY2017)

Percentage of Investment Properties Completed Climate Risk and Vulnerability Assessment

80%
 
 
 

Energy Intensity

26.4%
GJ/1,000 ft2
(against baseline year FY2017)

Greenhouse Gas (“GHG”) Intensity

32.7%
tonnes of CO2e/1,000 ft2
(against baseline year FY2017)

Sustainable Buildings

91%
properties obtained sustainable building certifications

Sustainable Buildings

95%
Major mixed-use developments received 3-Star/Gold or above certifications

Water Intensity

26.4%
m3/ft2
(against baseline year FY2017)

Waste Intensity

11.6%
tonnes/1,000 ft2
(against baseline year FY2017)

Percentage of Investment Properties Completed Climate Risk and Vulnerability Assessment

80%
 
 
 

Notes:

Environmental data covers our owned and managed investment properties in Hong Kong and the Mainland.

Approximately 82% of our own and managed investment properties are certified with ISO 14001.

Performance Figure

Hong Kong and the Mainland GHG Emissions Summary
  •  

    Scope 1 — Direct GHG Emissions (Tonnes of CO2e)

  •  

    Scope 2 — Indirect GHG (Location-based) Emissions (Tonnes of CO2e)

  •  

    Scope 3 — Other Indirect GHG Emissions (Tonnes of CO2e)

  •  

    Total GHG (Location-based) Emissions (Tonnes of CO2e)

  •  

    GHG Intensity (Tonnes of CO2e/1,000 ft2)

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