Sun Hung Kai Properties (SHKP) puts its Building Homes with Heart philosophy into practice by producing the finest developments and incorporating sustainability principles in its business operations. Its new sustainability report was based on the latest G4 guidelines from the Global Reporting Initiative (GRI) for greater transparency, making SHKP the first Hong Kong developer to follow this international standard.

SHKP began developing and publishing independent annual sustainability reports based on the GRI guidelines in 2011. The 2012/13 report covers sustainability measures and performance of its core business in Hong Kong, including economic, social, health and safety and environmental aspects. It also adds further transparency by enhancing data disclosure. SHKP has appointed Hong Kong Quality Assurance Agency to provide independent assurance to 2012/13 report, which is concluded as fulfilling the core option requirements of the GRI G4 guidelines.

SHKP Executive Director and Chief Financial Officer Patrick KW Chan said: “We are committed to sustainable development and publish annual reports on the topic to keep stakeholders well informed of our strategy, measures and long-term commitment.” In addition to the reports, SHKP also strives to instil positive energy in the community through promoting reading and holistic development, healthy and sustainable living and care for the needy as a responsible citizen.

SHKP values two-way communication with stakeholders by taking the initiative, or through independent consultants, to understand their expectations. It collected views from many more investors, customers, business partners, suppliers, NGOs and charities, community organizations, environmental groups and staff for the latest sustainability report. It also introduced an online survey and did a thorough analysis of the significance of different sustainable development issues to refine its strategy further. The SHKP 2012/13 Sustainability Report is available at www.shkp.com under Corporate Social Responsibility.