Sino Land’s Sustainability Report 2022 highlighted progress in environmental, social and governance (ESG) efforts during the financial year of 1 July 2021–30 June 2022. Decarbonisation and climate resilience are the key focus areas among the Group’s sustainability efforts, and the team was delighted to report achieving the greenhouse gas (GHG) emission reduction target ahead of schedule, with a 40% GHG emission reduction and a similar reduction in electricity consumption compared to our 2012 baseline.
Sino Group has also formulated 15 new goals related to governance and the Group’s three strategic pillars of Green Living, Innovative Design and Community Spirit, bringing the total number of goals under the Sustainability Vision 2030 to 38.
These include reducing Scopes 1 and 2 GHG emissions by 53.1% by 2030 from our 2018 baseline, and electricity intensity by 30% from 2018 levels.
The Group continues to engage our colleagues, tenants, residents and customers in green activities that promote efficient energy use and waste reduction. Notable initiatives in collaboration with community partners include the Everything English Book Drive with HumanKind, in which 38 properties participated; the Collection of Eye Care Used Plastics initiative with EcoDrive Hong Kong and 59 Group properties; Earth Hour 2022 with WWF-Hong Kong and 165 properties; and the Red Packet Recycling and Reuse Programme 2022 with Greeners Action, in which 136 properties participated. Heartiest thanks for all our team members and community partners who took part to help us work towards our SV2030 goals.