Tenants

We work closely with our commercial tenants to help them integrate sustainability practices into their operations throughout the lifecycle of their tenancies. Our SD 2030 Tenants Subgroup – made up of representatives from our portfolio management teams and the technical services and sustainable development department – meets regularly to develop and enhance our tenant engagement efforts on sustainability. Sustainability is a regular agenda item incorporated into internal leasing and management meetings.

Since 2015, we have worked with a number of our office tenants at Taikoo Hui in Guangzhou to implement a variety of sustainability initiatives under our Green Pledge Programme. Based on the same goals as the Green Pledge Programme, this year we launched the Green Performance Pledge (“GPP”), a performance-based agreement that acts as a blueprint for our landlord-tenant partnerships, providing a roadmap to show our tenants how they can contribute to a more sustainable world.

In August 2021, we began a GPP pilot programme which attracted interest and numerous requests for new leases and renewals, as well as from existing tenants. To expand the coverage of the GPP, we have reviewed and revised our 2025 KPI to have 50% of our office tenants¹⁰ sign this pledge.

We also continued to train our general managers and colleagues from management offices at our Hong Kong and Chinese Mainland portfolios to help ensure that all teams are engaged in the Company’s SD goals and offer our value-adding SD programmes to our tenants. In 2021, we also launched a one-stop resource hub on the Company’s intranet to support our efforts in this area. This allows colleagues to access useful tools, courses and articles that support their sustainability-related conversations with tenants. The hub saw over 1,000 visits during its first month of operation.