Sustainably transforming our business, industry and our city
Our world is your world
“We all know that doing business has its consequences on the world around us. That’s why my most important role as CEO of Chinachem, is to ensure our impact is always a positive one.”
Our triple bottom line approach to business, the way that we align People, Prosperity, and Planet across our operations, is an inherently sustainable methodology. By equalizing these values, empowering every one of our 3,000 colleagues, and encouraging our complex value chain to follow, we aim to raise standards not just for ourselves, but for our industry.
Never before have we been so aware of the fragility of our surroundings. The realities of climate change have forced us to redress our environmental actions, the pandemic has encouraged us to focus on the wellbeing of our community, and ever widening gap in social inequality has resulted in us revising our offering.
Being a force for good takes hard work and commitment, but only a couple of years into our journey of transformation, we can see that the rewards already make the investment worthwhile. To be able to directly help the community that has supported our business for more than six decades, is a privilege we cherish. And Chinachem is fully committed to attaining and exceeding the ambitious targets we set ourselves, year on year.
Chinachem Group Signs Deal with CLPe to Launch Hong Kong’s First Zero-Carbon Chiller System ProjectChinachem Group signed a Build-Own-Operate-Transfer (BOOT) agreement with CLPe to build Hong Kong’s first zero-carbon chiller system. The new water-cooled air conditioning system at Nina Tower will enhance energy efficiency and significantly reduce carbon emissions at the complex.
“A Date with Hing Chun Alliance” Exhibition at Central Market
Exhibition “A Date with Hing Chun Alliance” at Central Market fully embodies the integration of rural and urban communities. It aims at transporting visitors from Central to the ambience of Hing Chun Alliance villages through a five-sense experience of “Sight, Sound, Touch, Smell and Taste”, to learn about four living essentials in these villages, “Clothes, Food, Home and, Commute”.
Date: From now to 31 March 2023 (Open as usual during holidays)
Time: 10:00am to 7:00pm
Venue: Legacy Hall, 1/F, Central Market, 93 Queens Road Central
Chinachem Group Confirms to make its Second Purchase in Prime London Office Building for £349.5mChinachem Group announced today that it has exchanged contracts for and completed the purchase of One New Street Square with UK-based REIT Landsec, a premium 276,502 sq ft office building in the heart of Central London, at a total consideration of £349.5 million, representing a capital value of £1,264 psf.
Act Now, Act Together to Combat Climate Change!
This year, Chinachem Group Sustainability Conference 2022 was themed “Creating Social Impact on the Zero Carbon Journey in Hong Kong”. 15 eminent speakers from the government, academia, and architectural bodies, the technology sector and the finance industry shared their experiences and insights with more than 1700 online and offline participants. They spoke on topics such as green buildings, green finance and revitalisation of heritage buildings, with the aim of co-creating a blueprint for making Hong Kong a more liveable city.
Chinachem Group and ESR form JV to develop prime cold storage and logistics facility in Hong KongChinachem Group has entered into a Joint Venture with ESR Group Limited, APAC’s largest real asset manager powered by the New Economy, through its wholly-owned subsidiary Sunrise Victory Limited, to develop a prime cold storage and logistics facility at Kwai Chung in Hong Kong.
Commit to Science-based targets (SBTs)Chinachem Group has been ramping up its sustainability efforts to meet its carbon reduction roadmap. In January 2022, the science-based targets (SBTs) set by the Group were officially approved by the Science Based Targets initiative (SBTi). It has become Hong Kong's second real estate developer to have completed SBT validation with a 1.5°C-aligned target.
The Group is committed to reducing Scope 1 and 2 operational GHG emissions by 51.8% by 2030 from a 2020 base year, while reducing Scope 3 GHG emissions from downstream leased assets, capital goods and waste generated in operations by 20% within the same timeframe.
Chinachem Lai Chi Wo Story Room Opens Preserving Hong Kong’s Cultural HeritageChinachem Group is now taking a further initiative to help preserve this important part of Hong Kong’s cultural heritage by collaborating with the Government’s Agriculture, Fisheries and Conservation Department, the Lions Nature Education Foundation (LNEF) and Lai Chi Wo Pui Shing Tong to open a story room highlighting the customs of Hing Chun Alliance.
A Pioneer Residential Development incorporating Multi-Generation designsMount Anderson is the first new development launched after the rebranding of Chinachem Group. Built according to WELL Building Standard and having achieved the Provisional Gold grading of BEAM Plus New Buildings (V1.2), the Development manifests a new concept on green architecture. With 33% greenery areas and equipped with smart technology, residents will enjoy a smart green living environment while nurturing family love at their sweet homes.
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Multi award winning workplace environment designs M Moser Associates have transformed the headquarter offices of the Chinachem Group. Natural materials, significantly enhanced air quality, social hubs on every floor, fully height adjustable desks, and vast volumes of daylight make this space feel “more like a home than a workplace”, according to CEO Donald Choi.the Hive Central x CCG Commons
CCG COMMONS is a new venture from the Chinachem Group focusing on opportunities in and around the growing shared economy. Its first enterprise is a collaboration with long established co-working space creators and operators, the Hive, and together, they’ve developed the Hive Central x CCG Commons, a hybrid community working space, located in the heart of Central, offering 17,000 sq. ft. of naturally lit, stylishly furnished, work environments for individuals and companies alike.Quarantine
Watching how the Covid-19 travel restrictions challenged the highly mobile population of Hong Kong, Nina Hotels took the initiative to offer quarantine stays ahead of the government’s mandate. In the subsequent two and a half years, their entire workforce has learned how to make quarantine feel like home for all.Our Sustainability JourneyChinachem Group’s second sustainability report recognises achievements to date, but more importantly challenges the company, its employees, partners and stakeholders to rally around a series of more ambitious goals for the short, medium and long term future. Download the report to learn more about how positive change is on the way.Miniature Exhibition: Past, Present and Future
Central Market plays host to the largest ever collection of miniature models of the city, as part of celebrations marking the 25th anniversary of the establishment of the HKSAR. Crafted by local model makers and artists, this unique perspective on Hong Kong's past, present and future exhibited in July 2022 at Central Market.Recent RecruitsMeet the fresh faces who are discovering first-hand just how much the Chinachem Group has changed. Recently, these four recent joiners stepped away from their busy schedules to share their impressions on the company, how it listens, and how it creates opportunities whilst pursuing a vision for a better Hong Kong.Chinachem Lai Chi Wo Story RoomThe remote Hong Kong community of Lai Chi Wo now has another attraction to share. Alongside its organic farming and produce market, beautiful surrounding countryside, and gentle pace of life, the Chinachem Lai Chi Wo Story Room now takes visitors on a journey through the history and culture of its community and traditions.Hearts in Motion Ding! Ding! Ding!This festive season, 4,000 members of the community were treated by Chinachem Group to a guided tram tour of Hong Kong. Young, old, the underprivileged, and students were invited to ride aboard the Chinachem “Hearts in Motion” tram and learn about the history and fabric of Hong Kong Island.Central Market RevitalisationHong Kong’s revived and revitalised Central Market is an example of urban placemaking at its best. Chinachem Group, in partnership with the Urban Renewal Authority, have created a real playground for all, a destination offering exciting new experiences in food and beverage, eclectic shopping opportunities, and plenty of spots to relax, meet friends, or simply watch the world go by.
Introducing《LIFE+》Magazine Spring Edition 2023
Published by Chinachem Group《LIFE+》is intended to stimulate ideas and provoke discussion about what can be done to bring positive impacts to citizens, communities and the environment in collective efforts to make our city more liveable and sustainable.
Coffee with the CEO: Breathing Sustainable Life Back into Rural Hong KongSeven villages, set in the lush green landscape of the northeastern New Territories, form a unique community known as the Hing Chun Alliance.
New Barn in Yuen LongA place infused with traditional and modern elements, as well as both indigenous inhabitants and newcomers.
Small actions, big impactSimple habits are easy to form and to integrate into any lifestyle.
Listening and developing
The Chinachem Group is starting a journey of transformation. Our goal is to better reflect the needs and desires of the communities that surround us, make what we do more sustainable, protect our planet and ensure we always deliver positive impact to society.
To chart the right course, we must first recognise the problems that need to be solved. And understanding, starts with listening. Recently, CEO Donald Choi met with a number of people who shared with him their views on how residential life in Hong Kong could be improved. Young parents, first-time buyers, the elderly, and students all contributed their opinions. Donald also chatted with award-winning architect Ken Shuttleworth, on how innovation and smarter thinking could improve the built environment of Hong Kong.
The conversations have started.
Change is coming.186completed residential development projects since 19607,530,000 sqftof property in our leasing portfolio83developments under our management (about 200 properties)2,975hotels rooms, suites and apartments under our managementHK$32 billionin sales revenues between 2015-2019
Places with Heart