Striving towards Our Annual Commitments
At the beginning of the Reporting Period, our four ESG Sub-Committees set out 55 action items targeting a range of focus areas as our annual commitments. We eventually achieved an accomplishment rate of 90% for our annual commitments, reflecting significant progress compared to last year’s rate of 79%. These sustainability commitments were cascaded to the relevant business units, encouraging employees at every level to contribute to achieving these goals. The Group’s sustainability performance was regularly communicated to the ESG Steering Committee. To uphold a balanced emphasis on People, Community, Prosperity, and Planet, we continuously revise these annual commitments and introduce new ones when required.
ESG Sub-Committee : Prosperity
|
Focus Areas |
Annual Commitments |
Status |
|
Green and Responsible Investment |
Arrange one billion (HKD) sustainability linked loan for HK working capital |
Achieved |
|
Seven billion (HKD) green construction loan and 2,693 million (HKD) on-shore bank loans for refinancing overseas shareholders loans |
Achieved |
|
|
Replace one fleet vehicle with EV |
Achieved |
|
|
Install two more EV chargers by 2024 |
Carried forward to FY2024/25 |
|
|
50% of newly purchased equipment comply with ENERGY STAR-rating |
Achieved |
|
|
Develop an ESG Due Diligence P&P |
Achieved |
|
|
Innovation and Technology |
Perform eight proof of concept (POC) on robotic and automation solutions |
Achieved |
|
Study and perform three POC on smart waste solutions |
Achieved |
|
|
Study and perform three POC on real-time safety monitoring system |
Achieved |
|
|
Propose two to three more university co-development projects |
Achieved |
|
|
Pilot projects with at least two to three universities on five topics |
Achieved |
|
|
Extend the usage of motion detectors and timers to an additional of two properties/sites |
Achieved |
|
|
Provide four distinguished speaker sessions; six to eight interdepartmental dialogue sessions; four to six business network sessions |
Achieved |
|
|
Privacy, Data Rights and Cybersecurity |
Execute three cyber security knowledge sharing activities |
Achieved |
|
Execute at least one cyber exercise |
Achieved |
|
|
100% staff member trained on Privacy Data Right and Cybersecurity |
Achieved |
|
|
Create a comprehensive data collection policy and a data governance structure |
Achieved |
Focus Areas
Green and Responsible Investment
Annual Commitments
Arrange one billion (HKD) sustainability linked loan for HK working capital
Status
Achieved
Annual Commitments
Seven billion (HKD) green construction loan and 2,693 million (HKD) on-shore bank loans for refinancing overseas shareholders loans
Status
Achieved
Annual Commitments
Replace one fleet vehicle with EV
Status
Achieved
Annual Commitments
Install two more EV chargers by 2024
Status
Carried forward to FY2024/25
Annual Commitments
50% of newly purchased equipment comply with ENERGY STAR-rating
Status
Achieved
Annual Commitments
Develop an ESG Due Diligence P&P
Status
Achieved
Innovation and Technology
Annual Commitments
Perform eight proof of concept (POC) on robotic and automation solutions
Status
Achieved
Annual Commitments
Study and perform three POC on smart waste solutions
Status
Achieved
Annual Commitments
Study and perform three POC on real-time safety monitoring system
Status
Achieved
Annual Commitments
Propose two to three more university co-development projects
Status
Achieved
Annual Commitments
Pilot projects with at least two to three universities on five topics
Status
Achieved
Annual Commitments
Extend the usage of motion detectors and timers to an additional of two properties/sites
Status
Achieved
Annual Commitments
Provide four distinguished speaker sessions; six to eight interdepartmental dialogue sessions; four to six business network sessions
Status
Achieved
Privacy, Data Rights and Cybersecurity
Annual Commitments
Execute three cyber security knowledge sharing activities
Status
Achieved
Annual Commitments
Execute at least one cyber exercise
Status
Achieved
Annual Commitments
100% staff member trained on Privacy Data Right and Cybersecurity
Status
Achieved
Annual Commitments
Create a comprehensive data collection policy and a data governance structure
Status
Achieved
ESG Sub-Committee : Planet
|
Focus Areas |
Annual Commitments |
Status |
|
Responsible and Sustainable Procurement |
100% of suppliers comply with the revised Supplier Code of Conduct |
Carried forward to FY2024/25 |
|
Implement procurement procedures to avoid single used plastics items at hotels |
Achieved |
|
|
Ensuring Sustainable Buildings |
Apply the revised Sustainable Building Design Guidelines at least two projects in FY2024/25 |
Achieved |
|
Carry out WELL feasibility study project (Property Services and Nina Hospitality) |
Achieved |
|
|
62.5% buildings to be BEAM Plus enhanced or certified (Property Services and Nina Hospitality) |
Achieved |
|
|
Reduction of Operational Environmental Footprint |
Implement the Zero-Carbon Chiller System Project with CLPe |
Achieved |
|
Carry out Solar potential assessment project |
Achieved |
|
|
Hire consultant to develop Internal Carbon Pricing mechanisms in new Projects |
Carried forward to FY2024/25 |
|
|
50% food waste recycling at hotels |
Achieved |
|
|
1.5% reduction in water intensity from FY 2020/21 (Property Services) |
Achieved |
|
|
40% of commonly used items purchased be sustainable |
Achieved |
|
|
Better Buildings and Healthier Outcomes |
75% buildings with Quality Water Supply certification (Property Services and Nina Hospitality) |
Achieved |
|
37.5% buildings IAQ certified (Property Services and Nina Hospitality) |
Achieved |
|
|
Responding to Climate Change |
Hire consultant to assist developing a climate risk assessment tool for Projects |
Achieved |
|
Carry out physical climate risk screening project |
Achieved |
Focus Areas
Responsible and Sustainable Procurement
Annual Commitments
100% of suppliers comply with the revised Supplier Code of Conduct
Status
Carried forward to FY2024/25
Annual Commitments
Implement procurement procedures to avoid single used plastics items at hotels
Status
Achieved
Ensuring Sustainable Buildings
Annual Commitments
Apply the revised Sustainable Building Design Guidelines at least two projects in FY2024/25
Status
Achieved
Annual Commitments
Carry out WELL feasibility study project (Property Services and Nina Hospitality)
Status
Achieved
Annual Commitments
62.5% buildings to be BEAM Plus enhanced or certified (Property Services and Nina Hospitality)
Status
Achieved
Reduction of Operational Environmental Footprint
Annual Commitments
Implement the Zero-Carbon Chiller System Project with CLPe
Status
Achieved
Annual Commitments
Carry out Solar potential assessment project
Status
Achieved
Annual Commitments
Hire consultant to develop Internal Carbon Pricing mechanisms in new Projects
Status
Carried forward to FY2024/25
Annual Commitments
50% food waste recycling at hotels
Status
Achieved
Annual Commitments
1.5% reduction in water intensity from FY 2020/21 (Property Services)
Status
Achieved
Annual Commitments
40% of commonly used items purchased be sustainable
Status
Achieved
Better Buildings and Healthier Outcomes
Annual Commitments
75% buildings with Quality Water Supply certification (Property Services and Nina Hospitality)
Status
Achieved
Annual Commitments
37.5% buildings IAQ certified (Property Services and Nina Hospitality)
Status
Achieved
Responding to Climate Change
Annual Commitments
Hire consultant to assist developing a climate risk assessment tool for Projects
Status
Achieved
Annual Commitments
Carry out physical climate risk screening project
Status
Achieved
ESG Sub-Committee : People
|
Focus Areas |
Annual Commitments |
Status |
|
Employee Advancement, Development and Retention |
Formulate and execute a bonus mechanism linked to ESG performance |
Achieved |
|
100% completion target for Reuters ESG Training |
Achieved |
|
|
Incorporate staff/office initiatives and incentive programs into CCG Hearts phase 2 |
Achieved |
|
|
Facilitate regular 1:1 meeting via SAP continuous performance module |
Carried forward to FY2024/25 |
|
|
Diversity, Equality and Inclusion |
Monitor DEI metrics and establish baseline |
Achieved |
|
Roll out "Racial Diversity and Inclusion Charter" programme |
Achieved |
|
|
Review, communicate and monitor DEI policy, data, practice, training and engagement activities |
Achieved |
|
|
Carry out International Women's Day celebration at the office |
Achieved |
|
|
Wellness, Health and Safety Enhancement |
Develop relevant physical/mental wellbeing training programme and encourage participation |
Achieved |
|
Incorporate OHS function into ESG People Sub-Committee |
Achieved |
|
|
Review of maternity/paternity leave policy |
Achieved |
|
|
Implement Smart Dress Code policy |
Achieved |
|
|
Enhancement of Stakeholder Engagement |
Extend staff survey within Nina Hospitality |
Achieved |
|
Review satisfactory survey coverage and topics |
Achieved |
|
|
Sound and Forward-looking Company Culture |
Produce communications and recruitment toolkits - Employee Value Proposition |
Achieved |
Focus Areas
Employee Advancement, Development and Retention
Annual Commitments
Formulate and execute a bonus mechanism linked to ESG performance
Status
Achieved
Annual Commitments
100% completion target for Reuters ESG Training
Status
Achieved
Annual Commitments
Incorporate staff/office initiatives and incentive programs into CCG Hearts phase 2
Status
Achieved
Annual Commitments
Facilitate regular 1:1 meeting via SAP continuous performance module
Status
Carried forward to FY2024/25
Diversity, Equality and Inclusion
Annual Commitments
Monitor DEI metrics and establish baseline
Status
Achieved
Annual Commitments
Roll out "Racial Diversity and Inclusion Charter" programme
Status
Achieved
Annual Commitments
Review, communicate and monitor DEI policy, data, practice, training and engagement activities
Status
Achieved
Annual Commitments
Carry out International Women's Day celebration at the office
Status
Achieved
Wellness, Health and Safety Enhancement
Annual Commitments
Develop relevant physical/mental wellbeing training programme and encourage participation
Status
Achieved
Annual Commitments
Incorporate OHS function into ESG People Sub-Committee
Status
Achieved
Annual Commitments
Review of maternity/paternity leave policy
Status
Achieved
Annual Commitments
Implement Smart Dress Code policy
Status
Achieved
Enhancement of Stakeholder Engagement
Annual Commitments
Extend staff survey within Nina Hospitality
Status
Achieved
Annual Commitments
Review satisfactory survey coverage and topics
Status
Achieved
Sound and Forward-looking Company Culture
Annual Commitments
Produce communications and recruitment toolkits - Employee Value Proposition
Status
Achieved
ESG Sub-Committee : Community
|
Focus Areas |
Annual Commitments |
Status |
|
Supporting the Lives of Older Adults and Empowering Future Generation |
Share numbers of youth/elderly related activities by departments |
Achieved |
|
Allocate over 60% of yearly donations to projects/NGOs that benefit youth and elderly |
Achieved |
|
|
Extending Community Partnerships with Local and Global Partners |
Carry out two signature events: |
Achieved |
|
Develop and roll out CCG Hearts programme |
Achieved |
|
|
Secure 13,000+ volunteer hours available with 6+ NGO partners |
Achieved |
|
|
Build a new communication module to reflect company's latest ESG strategies |
Achieved |
|
|
Social impact assessment project |
Carried forward to FY2024/25 |
|
|
Volunteerism |
Develop proposal on incentive schemes to encourage volunteering |
Achieved |
Focus Areas
Supporting the Lives of Older Adults and Empowering Future Generation
Annual Commitments
Share numbers of youth/elderly related activities by departments
Status
Achieved
Annual Commitments
Allocate over 60% of yearly donations to projects/NGOs that benefit youth and elderly
Status
Achieved
Extending Community Partnerships with Local and Global Partners
Annual Commitments
Carry out two signature events:
1) "One Beat, One World: Connecting Through the Drum";
2) Sustainability Conference
Status
Achieved
Annual Commitments
Develop and roll out CCG Hearts programme
Status
Achieved
Annual Commitments
Secure 13,000+ volunteer hours available with 6+ NGO partners
Status
Achieved
Annual Commitments
Build a new communication module to reflect company's latest ESG strategies
Status
Achieved
Annual Commitments
Social impact assessment project
Status
Carried forward to FY2024/25
Volunteerism
Annual Commitments
Develop proposal on incentive schemes to encourage volunteering
Status
Achieved
