With 33 representatives from distinct functions within the Company, the composition of our Partners Working Group reflects our commitment to engaging with as many partners as possible, including local partners in all places where we have a significant presence.

Last year, we deepened engagement with our suppliers by introducing the Business Partner Sustainability Programme. This aims to build long-term, mutually beneficial relationships with our business partners, enhance the overall resilience of our value chain, help our suppliers mitigate ESG-related risks, achieve greater resource efficiency, enhance our reputation and capture new business opportunities.

In 2023, we began partnering with EcoVadis, becoming the first real estate company in Hong Kong and the Chinese Mainland to launch a supply chain sustainability engagement programme through EcoVadis’ proprietary ESG assessment platform. A pilot of the programme was rolled out to 60 of our top suppliers in 2024, after which we reviewed the programme, adding three-tier assessments as a pre-risk screening.

In terms of tenant engagement, our Green Performance Pledge (“GPP”) Programme continues to gain traction with office tenants, with continually growing numbers of tenants committed. We also expanded GPP offerings, including the GPP Academy, a programme enabling office tenants to network, tap into extensive industry knowledge and share best practices to improve their energy, water and waste performance.

We also continued to grow our Green Kitchen Initiative and launched our new Green Retail Partnership initiative. These programmes are allowing us to build stronger and closer relationships with our partners while progressing towards our 2025 and 2030 KPIs.