Hang Lung Properties Sets New 2030 ESG Targets

Reuters01-12
<a href="https://laohu8.com/S/HLPPY">Hang Lung Properties</a> Sets New 2030 ESG Targets

Hang Lung Properties Limited has announced a new set of 2030 sustainability targets, building on its previous 25 x 25 Sustainability Targets. The refreshed goals are organized under four priorities: Climate Resilience, Resource Management, Wellbeing, and Sustainable Transactions. Key targets include a 56.1% reduction per square meter in scope 1, 2, and 3 in-use operational greenhouse gas emissions of owned and leased buildings, and a 42% reduction in upfront embodied emissions, both from a 2023 base year. Hang Lung is also targeting a 10% biodiversity net gain on all new development projects and major renovations, and aims to generate at least HK$40 million in social value. The company will provide further details in its 2025 Sustainability Report, scheduled for release in March.

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