Demonstrating its commitment to sustainable buildings and ongoing green initiatives
HONG KONG, Jan. 22, 2024 /PRNewswire/ — Sino Group is pleased to announce that Sino Land Company Limited (“Sino Land“) has achieved significant milestones in global sustainability indicators, reaffirming its position in advancing sustainable growth. This year, Sino Land has been selected as a constituent of the Dow Jones Sustainability Asia/Pacific Index (“DJSI Asia Pacific”) for the second year in a row, numbered among the top 20% in the Asia-Pacific Region, underlining the Group’s unwavering efforts to sustainability on a worldwide scale.
The DJSI Asia Pacific is the pioneering global benchmark for evaluating the performance of leading Asia-Pacific companies that demonstrate exceptional sustainability practices across long-term economic, environmental, and social criteria. The index selects the top 20% of the 600 largest companies in the Asia-Pacific developed region in the S&P Global BMI.
In addition, Sino Land has been ranked among the Global 100 Most Sustainable Corporations again this year and continues to be the first and only real estate company in Hong Kong to be included in this world-leading sustainability index. Led by the leading media research organisation, Corporate Knights, the Annual Global 100 measures each industry’s impact profile with up to 25 quantitative key performance indicators, including sustainable investment, revenue and carbon productivity. Sino Land has also become one of the first real estate developers in Hong Kong to become an Early Adopter of the Taskforce on Nature-related Financial Disclosures (TNFD), demonstrating its commitment to protecting the resilience of natural ecosystems.
Mr Daryl Ng, Deputy Chairman and Chairman of the ESG Steering Committee of Sino Group, said, “We are grateful for the opportunity to be included once again in the DJSI Asia Pacific and Global 100, which acknowledges our ongoing dedication to upholding international standards in ESG performance and considerations. Sino Group’s Sustainability Vision 2030 (SV 2030) drives us to continuously improve and adopt sustainable business practices with the aim of creating a greener future for all. Through our approach to building design, we prioritise the wellbeing of people, the environment, and the neighbourhood. We remain committed to fostering sustainability-focused actions throughout our cross-functional operations and advocating for an environment that thrives on these principles.”
Sino Group aims to obtain BEAM Plus Gold or above certifications at 100% of its wholly-owned new development projects by 2030, and also strives to achieve WELL™ certification for all new buildings in Hong Kong. One North, a Grade-A office-cum-retail development in Yuen Long, embodies health and wellbeing as its key elements and targets to achieve the BEAM Plus New Building V1.2 Silver Rating and the WELL™ Core v2 Platinum Rating. One North is designed to promote physical and psychological wellness with sustainable features, responsible operations, and management. The GoCircular Corner at One North engages tenants and customers in circular economy practices by adopting upcycled recycling bins, creating bench seating areas made from over 2,960 EcoBricks, and utilising upcycled fabric for staff uniforms.
Sino Group has also placed substantial effort into waste management and emissions reduction as well as implementing climate strategies by joining forces with stakeholders to align with international best practices and adopt environmentally responsible technologies for property development. As part of its environmental strategy, Sino Group has introduced innovative solutions to upcycling plastic waste in the development of communal spaces and has successfully upcycled over 22 tonnes of plastic waste within our Group’s management portfolio last year.
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