Launched in 2000, the UNGC aims to align companies’ operations and strategies with ten principles covering areas including human rights, labour, environment and anti-corruption. It is the largest corporate sustainability initiative in the world, with more than 10,000 companies and 3,000 non-business signatories from 160 countries. It guides and supports the global business community in advancing UN goals and values through responsible practices.
By joining the UNGC, we reaffirm our commitment to operating in an environmentally responsible manner and maintaining zero tolerance towards corruption. We have also aligned our sustainability strategies with 15 United Nations Sustainable Development Goals. We set a target of reducing carbon emissions by 16 per cent (common areas of buildings under our management) by 2020 from 2012 levels, which was achieved one year ahead of plan. The Group is also reducing single-use plastic consumption by 50 per cent by 2022 from 2017 levels. Thanks to the support from customers and staff, we have saved more than one million plastic bottles with the installation of 100 smart water stations in our hotels and malls in Hong Kong.