Statement Regarding Recent False AI-Generated Content Appearing Online
Demonstrate how a high-quality ecological environment supports high-quality development
As a conglomerate operating across diverse sectors, we acknowledge the importance of overseeing and assessing our environmental impacts, such as carbon footprint. We are dedicated to consistently enhancing the Group’s environmental practices and investigating prospects for further progress in all facets of our operations.
Our environmental governance is integrated into our broader sustainability governance framework, from the Sustainability Steering Committee led by the Group Executive Chairman to the Sustainability Taskforce, which is responsible for reviewing environmental targets and advancing key areas, such as operational environmental excellence, climate actions and risk management, as well as stakeholder engagement.
Climate-related Metrics and Targets
As we have exceeded our previously set 2030 targets. Therefore, we plan to review them within this year to align better with our ambitions and address material performance areas.
A Showcase of Integration between Tourism and Sustainability
The “Adventure Zone” at Ocean Park Hong Kong is a project awarded to the Group in the reporting year, which is being developed through Shun Tak AJ Hackett Skypark Holdings Limited, a consortium of the Group and a company under the AJ Hackett International group, expecting to open in 2028. Covering approximately 120,000 square meters, it will feature a range of adventure activities, including bungy jumping, ziplines, and alpine coasters. The project revolves around the key concept of Conservation and Education, prioritizing sustainability and environmental awareness. The project integrates various elements to balance entertainment with eco-conscious practices.
Material circularity plays a significant role in this project, and the team is researching on how to prioritize repurposing materials and facilities from retired attractions into new experiences. Material-saving strategies will also be employed during construction to promote resource efficiency within the park. This approach aligns with the Group’s commitment to sustainability and environmental stewardship.
Biodiversity conservation lies at the heart of the development of the “Adventure Zone” at Ocean Park. The design ethos focuses on seamlessly blending with the park’s natural topography and contours, aiming to minimize disruption to existing habitats and ecosystems. Special care will be taken to avoid extensive and unnecessary tree removal or land clearing during the design phase, particularly along the walking trail, to preserve the integrity of the environment. To foster a deeper connection with nature and wildlife, educational initiatives on nature and biodiversity will be woven into the fabric of the park experience. The project will serve as a platform for integrating conservation and education elements, introducing visitors to local biodiversity along the trail, fostering a greater appreciation for the natural world and its inhabitants.
Moreover, energy-saving initiatives will be a focal point. Newly developed facilities will be designed to increase the utilization of gravity, thus reducing the reliance on electrical power compared to traditional amusement park rides. Besides using energy-efficient LED lighting, solar panels will be integrated into building facilities to harness solar energy and power equipment, reducing the park’s carbon footprint. Through these concerted efforts, the development of the “Adventure Zone” at Ocean Park will set a benchmark for sustainable development that harmoniously coexists with nature, enriching the visitors’ experience while championing environmental stewardship.
NEW BUND 31, situated in Shanghai’s Qiantan district, is a flagship mixed-use development featuring office spaces, a performing arts center, a hotel, and retail facilities. We have incorporated various green building features into the project’s design, enabling it to earn the LEED Gold Certi cation and the highest 3-star rating under the China Green Building Design Label Scheme. This case study showcases the climate resilience measures integrated into its design and construction phases, addressing climate challenges such as heat stress, flooding, water scarcity, and energy efficiency.
In response to global warming and urban heat stress, the project has employed advanced thermal comfort simulations, such as Computational Fluid Dynamics (CFD), to optimize energy efficiency in key areas such as the theater. Reflective materials and extensive greenery were also adopted to reduce heat absorption. Meanwhile, green technologies such as Building Automation Systems (BAS) and Thermal Energy Storage (TES) for air conditioning systems were implemented to minimize energy consumption, thereby reducing carbon emissions.
To address flood risks from extreme rainfall and rising sea levels, over 50% of the site incorporates permeable paving, which reduces surface runoff and mitigates flooding; while its roof garden and vegetated structures enhance water retention and improve aesthetic value; and critical building entrances and structures are elevated above projected flood levels, ensuring resilience during floods.
Water scarcity is addressed through a comprehensive management system comprising water-saving faucets and pipe network leakage prevention measures, such as water shutoff valves, which significantly reduce water wastage. The rainwater harvesting system is integrated with a smart irrigation system, covering 100% of the total green area. This efficient integration significantly reduces reliance on freshwater resources.
Efficient use of energy and materials is a key focus in the design, with an advanced monitoring system optimizing HVAC, lighting, and water supply systems. The solar water heating system supplements hot water supply, reducing reliance on conventional energy sources and lowers the project’s carbon footprint. Sustainable construction practices have been adopted, including the use of prefabricated components, highly durable materials, and pre-cast concrete. This aims to enhance efficiency, reduce material wastage and lower air pollution during material mixing on-site.
NEW BUND 31 exemplifies the integration of climate-resilient design and technology into urban spaces. By skillfully balancing environmental responsibilities with business appeal, this urban development project showcases the potential for a triple win — effectively addressing climate challenges without compromising functionality or aesthetics.
We acknowledge the critical importance of efficient resource usage in mitigating the impacts of climate change. Therefore we actively promote the efficient use of natural resources and energy across both our new development projects and existing operations. By prioritizing energy and water conservation measures, we can contribute significantly to reducing our environmental footprint. Building upon proven results from past energy-saving and water-saving projects, we have formulated strategic plans to further optimize resource consumption.
We prioritize responsible material use and strict compliance with environmental regulations across all operations and construction projects. Through robust environmental management systems, we monitor performance, adopt best practices, and work with qualified contractors to handle hazardous materials safely. By going beyond compliance, we aim to prevent contamination and protect both the environment and surrounding communities.
Nature awareness in operations is an important principle guiding both our transportation, and hospitality and leisure sectors, underscoring our commitment to sustainability and environmental stewardship. In transportation, we prioritize eco-friendly practices, such as monitoring and controlling wastewater discharge and air emissions, to reduce our impact on natural ecosystems. Within hospitality, we focus on natural view integration, avoidance of land contamination to protect and enhance biodiversity. By embedding nature-consciousness across these sectors, we aim to balance operational efficiency with our responsibility to sustain the planet for future generations.
