Focusing on Resource Management and Circularity
Our Waste Management Policy guides our approaches to reducing waste, from the design and construction phases of our projects to the daily operation and management of our buildings.
This year, we began to review the policy to highlight the value of rethinking resource use and promoting circularity, putting greater emphasis on “designing out” waste and keeping products in use while continuing to enhance resource recovery and recycling across our operations.
Reframing waste in the context of resource use and management encourages our employees, tenants, suppliers, and others with whom we do business to engage with the topic with greater positivity and creativity well before resources are used; thus supporting our transition to a circular economy.
Concurrently, our Resource and Circularity Taskforces in Hong Kong and the Chinese mainland – made up of representatives from our technical services and sustainable development department, portfolio management teams and hotels – continue to meet regularly to evaluate our resource management strategies, analyse waste data and facilitate new circularity initiatives.
Waste Diversion Rates
We track and collect data on more than 20 types of waste produced by our office and retail tenants, hotel guests and occupants of our residences. We strive to manage the downstream processes of each waste stream and work closely with recycling partners to provide secure outlets for the recyclables we collect.
in our Hong Kong portfolio
in our Chinese mainland portfolio