Our Journey, Our Sustainability Strategy

Value Creation through 3Ps —
People, Prosperity and Planet

Being a purpose-driven enterprise, the Group actively seeks to make a positive contribution to society through its adherence to the Triple Bottom Line, a commitment that benefits People, brings Prosperity to the community, and preserves the Planet (3Ps).

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People
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People

  • Valuing and enhancing our people
  • Embedding diversity and inclusion into our culture and services
  • Supporting vulnerable groups in society
  • Providing the elderly with happier and healthier lives
  • Inspiring the next generation
Prosperity
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Prosperity

Shaping a prosperous future focusing on technology innovation and sustainable investment

  • Accelerating the development and adoption of innovative solutions to enhance our future-adaptive capability
  • Embedding ESG into decision-making to ensure meaningful and sustained investments
Planet
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Planet

Always working to minimise our impact on the environment and do our part in tackling challenges caused by climate change

  • Ensuring ethical and sustainable sourcing of materials
  • Designing and developing our projects sustainably
  • Reducing the use of resources in our development and operations
  • Evolving our strategies and measures to be more climate resilient

Our Sustainability Milestones

2022
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2022

  • Being Hong Kong’s second real estate developer to have completed SBTi validation with a 1.5°C-aligned target, with the “Chinachem Group Carbon Reduction Roadmap - CCG 3050+” (CCG 3050+) in place which aims to reduce carbon emissions by more than 50% by 2030
  • Signed the second sustainability-linked loan facility totalling HK$1 billion to support the advancement of the Group’s sustainability goals
  • Opened the city’s largest Community Vaccination Centre on private land, offering convenient vaccination services for hundreds of thousands
2021
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2021

  • Signed the operation contract for the Central Market Revitalisation Project to shape Central Market as a “Playground for All”.
  • Being the first real estate developer in Hong Kong to introduce concrete Modular Integrated Construction (MiC) in a private residential project
  • Established a Green Finance Framework to fund projects that will deliver environmental benefits to support the Group’s business strategy and sustainability vision
  • Signed the first sustainability-linked loan facility of HK$1 billion
  • Teamed up with HKSTP to accelerate smart city start-ups development and pilot-first technology adoption in Hong Kong
  • Supported an Urban Climb 300M+ Wheelchair-bound Athlete, Lai Chi-wai complete Nina Tower Charity Climbing Challenge
  • Funded the Chinachem Lai Chi Wo Story Room to preserve Hong Kong's intangible cultural heritage
  • Signed a MoU with an engineering company to foster collaboration on Healthcare Facilities Management
  • Chinachem Group Sustainability Conference 2021 with focus on multi-dimensional solutions to shape a smart city for all ages
2020
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2020

  • Announced brand rejuvenation in celebration of its 60th Anniversary and repositioning as a developer of "Places with Heart" – a commitment to positively impacting people, the community and the environment.
  • Formed the Sustainability Steering Committee and the Sustainability Task Force to drive the sustainability journey of the Group
  • Being the first real estate developer in Hong Kong to introduce “Enertainer” to promote clean energy use on construction sites
  • One Hennessy and Mount Anderson were featured in World Sustainable Built Environment Online Conference 2020 Hong Kong Report.
  • Signed a Memorandum of Understanding (“MoU”) with Smart City Consortium to foster smart city development and cybersecurity standards
  • Published the first Sustainability Report, detailing the Group's sustainability performance in FY2019/20.
2019
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2019

  • Established the “CCG 3038 - Strategic Roadmaps and 2019 Sustainability Plan”, a commitment to reducing carbon emissions by 38% by 2030
  • Secured the first green development club loan for the Group's development project in Ho Man Tin, Hong Kong
  • Signed a 5-year collaborative agreement with CLP Power to increase the energy efficiency of Nina Tower
  • Chinachem Sustainability Conference 2019 - “Sustainable Neighbourhood: How to Foster Age-friendly Developments.”
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RECOGNITION & MEMBERSHIP

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CDP
usgbc member
business environment council
asian corporate coalition for climate change resilience
HKGBC
WWF silver member