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).
People
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
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
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
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
Our Sustainability Milestones
2022
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
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
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
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.”
