We’re in business to protect our environment
At Hysan, environment-related initiatives lie at the heart of our sustainable business practices
We continually identify the environmental impacts associated with our operations and set targets to improve our environmental performance. We have also developed and implemented internal management mechanisms that enable us to integrate environmental considerations into our daily operations.
We are committed to regulatory environmental compliance and encourage our staff, business partners and other stakeholders to meet their environmental obligations.
Climate Resilience and Adaptation
In accordance with the Task Force on Climate-related Financial Disclosures (“TCFD”)’s guidelines for disclosing climate-related financial risks, we have conducted a thorough climate-related risk assessment that encompasses both physical and transition risks. This assessment is being carried out in phases by third party consultants.
The physical climate risk assessment was conducted on our Hong Kong and Shanghai portfolio with two climate scenarios based on the Sixth Assessment Report (AR6) released by the Intergovernmental Panel on Climate Change (“IPCC”)’s. Two Shared Socioeconomic Pathways (“SSP”) have been considered (IPCC: SSP2-4.5 and SSP5-8.5) and three time-horizons (Baseline, 2030 and 2050).
Green Buildings
As a property developer and manager, we have a crucial role to play in minimising our impact on the environment, reducing electricity consumption by optimising the way we design and build new properties, as well as translating climate measures into our business operations. To date, we have obtained green building certifications for 46% of Hysan’s portfolio area:
Hysan Place: LEED – Platinum, BEAM Plus – Platinum
Lee Garden One: BEAM Plus – Platinum
Lee Garden Three: LEED – Gold, BEAM Plus – Platinum, CGBL – 2 Stars
Waste Reduction at Source
In densely populated cities like Hong Kong, the disposal of waste is a significant environmental challenge. Hysan is dedicated to managing its waste in a responsible way, and we support and encourage our stakeholders to do the same.
We seek to minimise waste generation whenever practical in daily operations through source reduction and recycling. In recognition of the adoption of measures to reduce the amount of waste we generate, all commercial and residential buildings in our portfolio were awarded a full set of “Class of Excellence” Wastewi$e labels under the Hong Kong Green Organisation Certification Scheme.
Sustainable Procurement
Our commitment to sustainable procurement is a key part of our sustainability efforts and dedication to the surrounding community. Wherever possible, we embrace sustainable purchasing practices and adopt best practicable technologies to conserve natural resources. We actively engage our suppliers on managing environmental and social risks of the supply chain, and continually take steps to integrate more green products throughout our operations.
For Hysan’s Sustainable Procurement Policy, please refer to here.
Stakeholder Engagement
Stakeholders play a crucial role in Hysan’s business operations; they comprise groups that are significantly impacted by our activities and those who have a vested interest in our success. It is important for us to grow and collaborate with our diverse stakeholders.
To achieve this, we maintain regular communication with them. By actively listening and engaging in dialogue, we gain valuable insights into their expectations regarding our sustainability performance. This enables us to identify and prioritise material issues that matter most to our business and stakeholders and allows us to assess the effectiveness of our sustainability measures.
Promote Biodiversity: Hysan Urban Farm
Found on the rooftop of one of Hong Kong’s greenest buildings – Hysan Place – and spanning approximately 8,000 square feet, Hysan Urban Farm has been one of the Company’s main community engagement and green building education projects since 2013.
In partnership with local NGO, the Sustainable Ecological Ethical Development Foundation (SEED), Hysan conducts hands-on workshops in organic farming with around 100 urban farmers per workshop. Three workshops are conducted a year, each lasting 14 weeks. Workshop participants learn to grow different seasonal vegetables and enjoy the fruitful harvest of their hard work. Local schools are also invited to the farm, creating opportunities for students to learn how to grow their own organic food and inspiring the next generation on the possibilities of urban farming.
